Fwd: Today's Exclusives - Petrol Price: Austerity, anyone?

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From: Moneylife <noreply@moneylife.in>
Date: Mon, May 28, 2012 at 7:04 PM
Subject: Today's Exclusives - Petrol Price: Austerity, anyone?
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28 May 2012   Moneylife Exclusive Petrol Price: Austerity, anyone? R Vijayaraghavan Petroleum companies should tell the public how they are going to improve efficiency and bring down costs instead of weeping about under-recoveries, and the governments should reduce their expenditure through greater efficiency. As Indira Gandhi said in 1970, austerity is the only way to go...   ADVT Other ML Exclusives   Hotel Security– I: Have the hotels learnt a lesson after 26/11? Security is tighter but only in the top-end hotels. That apart, a lot of processes are followed to meet just regulatory norms... .................................................................................................................................................... Daily Market Report: Sensex, Nifty headed higher Nifty has to sustain itself above today's low and also 4,860 for it to reach 5,040 and then to 5,100... .................................................................................................................................................... Petrol price hike – I: Some people should be celebrating The largest chunk of the petrol price hike goes to the government not just as taxes bit in other ways—only to perpetuate a colossal waste by netas and babus in the name of running this country. They should be happy with the price hike... .................................................................................................................................................... SEBI's amended consent rules still has many gaping holes The rapid developments with regard to the "Consent Order" mechanism to settle regulatory action initiated by the Securities & Exchange Board of India are rather intriguing... .................................................................................................................................................... Maharashtra State Co-Op Bank omits key information from its annual reportnew article The Maharashtra State Co-Operative Bank has left out the Audit Memorandum and the annexure from its 2011 Annual Report which has left the stakeholders in the dark about its true condition... .................................................................................................................................................... Indian Railways: Death Trap Is railway safety ignored because it is a middle-class issue? .................................................................................................................................................... PJ Thomas' empanelment records: Govt to challenge CIC order The cabinet secretariat has refused to furnish the records of empanelment of Mr Thomas' appointment at the Centre under the RTI Act. However, earlier acting on an appeal filed by Delhi-based activist Subhash Agrawal, the CIC had directed the government to disclose of the documents... .................................................................................................................................................... 9/11: Attack on America The daring air strikes on the twin World Trade Centre towers in New York on 9 September 2001 were the worst to have happened in the history of America. The 39th part of a series describing the unknown triumphs and travails of doing international business... .................................................................................................................................................... Is the Supreme Court avoiding a RTI query on Abhishek Singhvi CD row? Noted RTI activist Subhash Agrawal raises serious issues concerning alleged immorality in appointments to the higher judiciary—an issue that has also agitated a lawyers' body... .................................................................................................................................................... Limits of government policies While investors around the world wait breathlessly for the next stimulus from governments, the reality is that government policy options are quite limited. The paradox is that the one policy that politicians will not follow is the one policy that would actually work; the path of true reform... .................................................................................................................................................... JPMorgan US Growth Equity Offshore Fund: Another US fund-of-fund scheme Schemes investing in US markets seem to be the flavour of the season and now JP Morgan, not wanting to be left behind, has joined in... .................................................................................................................................................... Mumbai-Pune Expressway: 27 people from a marriage party killed in road accident The horrendous accident that killed 27 and left 26 others injured, shows lethargic enforcement of regulations, especially on highways and expressways...       Personal finance today - Axis Bank ties up with Bahrain's bank for remittance - RBI and 926 bank branches to collect advance income tax - IDBI Mutual Fund to launch 3-4 new products this fiscal     At a Glance   - High Court issues notices to Centre on PIL against petrol price hike - Bhopal tragedy: SC slams Centre for 'failure' to dispose toxic waste - Diesel, LPG price hike not under consideration says Reddy - Mobile tower radiation, chemicals held for sparrow disappearance - Falling oil price, gold import to help current account deficit says Uday Kotak - Water purification industry to abide by virus-filtration protocol - Fire in Jet Airways plane; passengers safe   Corporate Wrap-up   - IOC Q4 net profit up over three-fold to Rs12,670.43 crore - Oil India Q4 net profit down 21% to Rs445 crore - M&M to re-open XUV500 bookings from next month - Jubilant wins oil exploration block in Myanmar - SJVN Q4 net profit up by 8% to Rs120 crore - Bharti Airtel forays into mobile advertising space     FROM the ARCHIVES   AEGON Religare, Aviva, Bharti AXA, HDFC Life Term Insurance: Why is premium for Rs40 lakh higher than Rs50 lakh? The concept may sound contradictory, but four insurers charge a higher premium of anywhere between 10% to 32% for a cover of Rs40 lakh sum assured than they would on a cover of Rs50 lakh SA. Insurers claim that mandatory medical check up for a higher sum assured reduces their risk and allows a lower premium. They also offer a discount for higher SA. Are there other reasons for the discount? ...................................................................................................................................................... IPL: Don't stop the circus, clean up the stables Drugs, drinks, women, gambling, spot fixing! What more do we need to shut down the IPL? Cleaning up the mess is the answer and the responsibility lies with the BCCI, the IPL Council and the owners of the franchises...   To subscribe to this free newsletter log on to www.moneylife.in or email us at newsletter@moneylife.in To get FREE updates via sms click here.

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