S P O T L I G H T

Finance Bill
New Delhi, May 14
President K.R. Narayanan has given assent to the Finance Bill, 2002, giving effect to the amendments in the direct and indirect taxes laws to provide for new taxes, concessions, relaxations and subsidies for 2002-2003, it was announced today. TNS

Tripathi elected UP Speaker
Lucknow, May 14
Senior BJP leader Kesari Nath Tripathi on Tuesday unanimously elected speaker of the UP Assembly. Mr Tripathi has been elected to the post for the third time. PTI