Online edition of India's National Newspaper
Monday, November 08, 2004
Online edition of India's National Newspaper Monday, November 08, 2004 |
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Mutual Funds — a lost chance for retail investor Mutual funds in India may currently be haemorrhaging assets but Stuart Purdy argues they have a positive role to play in the country's savings revolution. Wiki web: New frontiers THE WIKI technology is fast becoming popular among netizens and new applications based on this tool are being rolled out quite regularly. This edition of NetSpeak explores some of them. A Wiki is a web site with real-time editable pages (refer ... Monetary policy to tame inflation Monetary policy is indisputably slow in doing its job as compared to fiscal policy. Further, the success of such policy largely depends on the underlying cause of inflation. Banking Ombudsman Scheme 2002 Any person may himself or through his authorised representative make a complaint to the bank. If the bank rejects the complaint or the complainant does not receive any reply within a month or the complainant is not satisfied with the reply given by t he bank, the complainant may approach the Banking Ombudsman for redress of the grievance. Spirited buying on bourses THE RE-ELECTION of George W Bush as President of the U.S. and the softening world crude prices led to hectic buying in key IT counters and old economy stocks on the bourses last week. The BSE Sensex recorded a total gain of 229 points in four out ... The oil shock continues The hike in transportation fuel and LPG prices has come as a rude shock to consumers during the festival season. But clearly there was no other course open to the Government. Deduction of interest from property income QUESTION: The Tamil Nadu Housing Board constructed residential houses and the construction was completed before April 1, 1999. After completion some of the houses were allotted to the Tamil Nadu State Government Employees (quota) with a ... US 64 — incidence of taxation of bail package Q: I am an investor in US-64 and got Rs. 12 per unit as a result of the bailing out package offered by the Government. Now my question is whether the extra amount of Rs. 2 will be taxable as income or as capital gains. If it is income, ... Read Today's supplements: | Life | Metro Plus | Business | Education Plus | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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