S&P sees positive trends
Mumbai: International ratings services, Standard & Poor's on Wednesday said the "generally positive trends have become apparent in the third quarter of 2003" in Asian countries, including India.
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Oil marketing cos looking forward to price reduction
New Delhi: With crude oil prices dropping to a four-month low, hovering in the range of $27 per barrel, public sector oil marketing companies will have to undertake a reduction in prices of petrol and diesel if this southward price trend continues till October 1, when retail product prices are to come up for review on a fortnightly basis.
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Fallout of SC verdict on HPCL, BPCL divestment — Finance Ministry allays fears over fiscal deficit target
New Delhi: The Finance Ministry today said that it was premature to conclude that the Supreme Court's ruling against privatisation of HPCL and BPLC without seeking Parliamentary approval would lead to slippages in the Centre's fiscal deficit target for 2003-04.
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SEBI expands co secretaries' role
New Delhi: Company Secretaries have something to cheer about. The youngest of the three professional institutes, the Institute of Company Secretaries of India (ICSI) has succeeded in convincing the market regulator, Securities and Exchange Board of India (SEBI) that it requires to play a larger role in today's corporate environment.
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ICAI relaxes accounting standards for SMEs
New Delhi: Small and medium enterprises (SMEs) in the country may have cause for cheer. The Institute of Chartered Accountants of India (ICAI) has decided to make some relaxations in the applicability of certain accounting standards to SMEs.
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