No business without ethics
New Delhi: The central government has indicated that it would come out with more regulatory steps to strengthen the practice of good corporate governance among industry in India in the wake of a wave of accounting scandals emerging in the US.
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India is No 2 investor from Asia in UK
New Delhi: Indian companies are fast emerging as important source of investment in the UK, according to the Invest UK Operations Review, 2002, which was released in London.
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Consumer-boosting steps on the anvil
New Delhi: The central government will come up with specific proposals to boost consumer spending as part of the efforts to accelerate the economic recovery under way, the government has promised.
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Pension Bill: Plan panel picks holes in working group report
New Delhi: The working group set up by the finance ministry to estimate the central government's Pension Bill over a 10-year period ending in 2009-10, has underestimated future liabilities by as much as 35 per cent, a Planning Commission report has pointed out.
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Prabhu asks CPSUs to raise funds via IPOs
New Delhi: The ministry of power has asked the Central power public sector units to raise funds from the domestic and international markets by issuing fresh equity to public through initial public offerings, according to Union Power Minister Suresh Prabhu.
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States to get Rs 6,654 cr for flood control in 10th Plan
New Delhi: The working group on the Tenth Plan has recommended an outlay of Rs 6,653.93 crore for flood control, drainage and anti-erosion schemes in the state sector.
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FM tells CBDT to get cracking on reasons behind shortfall
New Delhi: Finance Minister Jaswant Singh has asked the Central Board of Direct Taxes to analyse the reasons for shortfall in direct tax collection in the last few years.
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