The Hindu Business Line : Friday, January 11, 2002

Transparency urged in aircraft purchases
THE Ministry of Civil Aviation has directed both Air India and Indian Airlines to ensure that there is complete transparency in the purchase of aircraft being planned by the two state-owned carriers. "The two state-run airlines have been ... More

Excise Ordinance promulgated
THE President, Mr K.R. Narayanan, tonight promulgated an Ordinance to amend the Central Excise Tariff Act 1985 enabling the Finance Ministry to fix any rate of excise duty under its emergency powers. Hitherto, the provisions had limited the hikes ... More

POLITICS

Bush likely to visit India this year
THE US President, Mr George W. Bush, is likely to visit India later this year. An indication to this effect was given by Mr Joseph Crowley, US Congressman, at the CII (Confederation of the Indian Industry) Summit on Thursday. Mr Crowley, member ... More

STATES

Goan iron ore exports facing rough weather
Even as the current fiscal shipments are under pressure, courtesy global recession and the consequent market aggression of better-placed exporters, news of the Organisation for Economic Cooperation and Development (OECD) countries agreeing to ... More

`Kerala must focus more on productive investments'
The State had a high debt to domestic product ratio. Around two-third of the fiscal deficit went to meet the revenue deficit. A large chunk of budgetary expenditure was incurred on social services and other infrastructures such as irrigation, transpo rt and electricity. There should be no budgetary allocations for meeting the cash losses of PSUs, the Planning Board source said. More

SEZ planned in Vizag to boost farm sector
A SPECIAL economic zone (SEZ) will be set up at Visakhapatnam and incentives for exporters will be extended, the Andhra Pradesh Chief Minister, Mr N. Chandrababu Naidu, has said. The Chief Minister, who gave away the second annual awards for ... More

Kerala to launch IT literacy mission
As part of the total computer literacy programme in the State, the Kerala Government is set to launch an information technology study project in all the high schools. Styled "IT@school'', the project would be introduced in the Eighth standard ... More

AP calls public hearing on gas power scheme
THE Andhra Pradesh Electricity Regulatory Commission (APERC) has called for a public hearing on the power purchase agreement (PPA) entered into by the Transmission Corporation of Andhra Pradesh (APTransco) with BSES Andhra Power Ltd. BSES is ... More

Kerala Govt staff on strike
THE State Government offices in Kerala remained paralysed on Thursday as the employees observed a token strike to protest against the cost-cutting measures announced on Wednesday. Employees owing allegiance to different political parties, ... More

Karnataka pitches for investments
BANGALORE: Karnataka on Thursday made a strong pitch for investments in IT, biotech, pharma, food and auto sectors during the ongoing CII Partnership summit. Listing the investment opportunities in the State, the Large & Medium ... More

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