The Telegraph - Calcutta : Business

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| Saturday, February 26, 2005 |

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At your service, the taxman?s net

The Congress-led government may widen its tax base to include more services while re-targeting subsidies to cut down on spending in a bid to keep red ink off its budget balance sheet. ... | Read..

High imports fuel trade deficit

The record trade deficit in the first half of 2004-05 due to a surge in the country?s imports is likely to produce a current ... | Read..

Fitch wants tight grip on fiscal levers

With the Union budget round the corner, Fitch Ratings today said implementation of a credible fiscal consolidation process w ... | Read..

Markets go flat out, pause on new deals

Stock indices were on a roller-coaster today as budget-induced jitters got the better of investors, who appeared to have ign ... | Read..

Cess for new power options

Bengal will impose a surcharge of one paisa per unit on thermal power plants to create a fund that will be used to develop r ... | Read..

At your service, the taxman?s net

Sensex

6569.72

-4.49

Stock Indices

BSE-100	3542.43	(-3.06)
S&P CNX Nifty	2060.09	(+5.06)

Industry in pink of health
India is ready for the ?big push? in investments as the growing interest of foreign investors c.. | Read..

Agriculture needs cashseeds of hope
Agriculture is one of the areas for big-ticket public investment, as outlined in the 2004-05 Ec.. | Read..

Selloff target looks distant

The rather unambitious target of Rs 4000 crore for divestment in 2004-05 also seems distant giv.. | Read..

Tourism, aviation fast gathering altitude

The tourism and civil aviation industries are expected to fare well in 2005... | Read..

Same rate for local, STD calls likely

Call it the telephony wave: phone users in India may soon be able to make local and STD calls a.. | Read..

Retail investors flock to bourses

Retail investors are pouring into the stock market: on an average, 5400 new accounts are opened.. | Read..

FDI preferred to portfolio funds

The Economic Survey expresses concern over the growing volumes of hot money in the country repr.. | Read..

Oil-pricing system under lens

The Economic Survey today criticised lack of market-determined pricing system for petroleum product.. | Read..

Tata Motors eyes stake in Spanish company

The board of Tata Motors has approved a proposal to pick up a 21 per cent stake in Hispano Carr.. | Read..

India Inc happy with report card

India Inc has welcomed the emphasis on investment in agriculture, fillip to infrastructure sect.. | Read..

STOCK MARKET

Mutual Funds

Inflation rate steady

Share Prices

Name	BSE	NSE
HLL	140.05 (-2.35)	140.55 (-2.02)
ITC	1287.01 (-9.07)	1287.09 (-6.06)
Infosys	2179.95 (+17.06)	2179.45 (+15.15)
Reliance	539.09 (-6.75)	540.15 (-6.85)
Wipro	674.45 (-3.45)	672.07 (-4.07)
Zee	144.04 (-3.05)	144.34 (-3.04)

Foreign Exchange

US $1 : Rs 43.73	UK £1 : Rs 83.35
Euro : Rs 57.51	Yen 100 : Rs 41.54
HK $1 : Rs 5.05	SW Fr1 : Rs 36.85
Sing $1 : Rs 26.25	Aus $1 : Rs 33.09

Bullion

Bombay
Gold Std (10gm)	Rs. 6260
Gold 22 Carat	Rs. 6220
Silver bar (1kg)	Rs. 10930
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6330
Gold 22 Carat	Rs. 5975
Silver bar (1kg)	Rs. 10800
Silver Portion	Rs. 10900