Jaswant hints at tax breaks for middle class
New Delhi: The new finance minister brings good news. On the first day of 
assuming charge on Thursday, Jaswant Singh said he wished to give more money in peoples pocket, more money in housewives' purse," raising hopes of a liberal tax regime.
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Uptrend in export credit
New Delhi: Export credit has shown signs of growth in the first two months of the current fiscal, bankers said. Some of the leading nationalised banks said there is an improvement in the offtake of export credit during April-May 2002.
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Delhi govt denies any sabotage in power cuts
New Delhi: The Delhi government on Thursday said disruption in power supply during the past two days was due to various faults and not sabotage as Chief Minister Sheila Dikshit reviewed the situation with the government officials and the two private companies responsible for power distribution.
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Speed up reforms for high growth: Economists
New Delhi: There may be some reasons for cheer as the Indian economy has started showing some early signs of revival, but some economists warn that if the government does not accelerate reform process, the country would not be able to achieve substantially high growth levels.
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Under-assessment costs Bengal Rs 3,502-cr revenue loss: CAG
Kolkata: The West Bengal government has lost at least Rs 3,502 crore of revenue during the financial year 2000-01 because of under-assessments of tax and other irregularities, according to the Comptroller and Auditor General of India.
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New trend in real estate: residential property value is up
New Delhi: There is a paradigm shift in the Indian real estate sector. Unlike the international trend, value of residential property is rising compared to the value of commercial property, making residential projects more attractive to developers.
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