Financial Daily from THE HINDU group of publications
Saturday, January 19, 2002
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INDUSTRY & ECONOMY

ANTI-DUMPING


Anti-dumping duty fixed on butylene
THE Finance Ministry has imposed provisional anti-dumping duty on imports of poly-iso-butylene (PIB), a synthetic hydrocarbon polymer, from South Korea, Brazil, Japan and Singapore. PIB finds application in rubber modifiers, leather chemicals, ... More

AUTOMOBILES


SIAM hails Mashelkar report
THE Society of Indian Automobile Manufacturers (SIAM) on Friday welcomed the recommendations of the Mashelkar Committee report on automobile fuel policy. The SIAM President, Mr R. Seshasayee, said that the automobile industry would prefer a ... More

ENVIRONMENT


HC asks Vellore tanneries to pay up compensation
THE skin and hide tanners in Vellore district now have to pay a compensation of Rs 26.82 crore due to the environmental pollution caused by the tanneries, with the Madras High Court dismissing the writ petitions filed by the tannery units ... More

Plastics body move on carry bags
THE Indian Plastics Federation (IPF) has sought to dispel the misconception prevailing in the retail markets that all kinds of plastic carry bags are banned in West Bengal. Mr R.A. Lohia, IPF President, told newspersons here that the recent ... More

FERTILISERS


Retrospective policy changes -- Fuelling problems for urea units
While fixing the policy parameters in its obsession to reduce subsidy, the Government should not ignore the overriding need to ensure the continued viability of all efficient plants. It is important to note that if the new norms result in closure of the units, then, far from any saving in subsidy, the quantum of outgo may even increase. The powers that be should aim at saving subsidy without compromising on the health of the industry. More

FOREIGN TRADE


China favours people-to-people contacts
CHINA and India should start building bridges through student exchanges and other low-level interactions that are not subject to market pressures, Mr Yu Xiaosong, Chairman of the Chinese trade and industry body, CCPIT, has suggested. Along with ... More

INFRASTRUCTURE


Infrastructure growth down to 2 pc in Apr-Dec
REFLECTING the general slowdown in the economy, the infrastructure index of the Ministry of Industry and Commerce has registered a dismal two per cent growth during the first nine months of the current fiscal, as against 6.8 per cent during ... More

PHARMACEUTICALS


`Patents Act changes hurt pharma sector'
THE Indian Drug Manufacturers' Association (IDMA) is of the view that the draft amendments to the Patents Act, submitted by the Select Committee of Parliament to the Rajya Sabha last month, has gone beyond what was required under the Trade ... More

EDUCATION


IIM-B `lateral' students get good response
THERE has been a ``good response'' for lateral recruitment for the batch of 2002 at the Indian Institute of Management, Bangalore. Lateral recruitment is for students with 22 months or more work experience prior to joining the management ... More

MINERALS


Mineral output up in Nov
THE mining and quarrying sector registered a growth of two per cent in November 2001 compared to the preceding month. The growth is mainly due to higher production of coal, lignite, chromite, gold and limestone. The total value of mineral ... More

NEWSPAPERS & PUBLISHING


INS cautions members on LML ads
THE Indian Newspaper Society (INS) has issued a circular to member publications and accredited advertising agencies advising them to exercise caution while accepting advertisements from scooter manufacturer LML Ltd following default of payment to ... More

WTO


Industry urged to team up with Govt at WTO talks
INDIAN industry and policy-makers should come to terms with the WTO and work out favourable trade-offs before the crucial 2005 negotiations, speakers said at a seminar on `WTO & India - The tasks ahead' on Friday. Industry and service bodies ... More

OUTLOOK


Crystal gazing gets tough for companies
``In today's economic scenario, looking at anything beyond three years is fraught with danger.'' Portrayals of future market or economic scenarios are also backed by a set of alternative scenarios to accommodate the myriad variables which upset conve ntional growth trends. There is simply no all-encompassing rule. More
Comments & Letters to the Editor to: bleditor@thehindu.co.in

Top Stories
INS cautions members on LML ads


HC asks Vellore tanneries to pay up compensation

Bank privatisation efforts faltering

`No time-frame for CRR cut'

Wipro posts 17 pc rise in Q3 net

Rabi oilseeds output set to recover

Infrastructure growth down to 2 pc in Apr-Dec

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Jan. 6-Jan. 12
UK will step up aid to India

Working group not for withdrawal of MAT -- Fin. Ministry may not cut depreciation rates

Analysts see mixed Q3 for IT sector

Want IT experience? Well, pay up buddy

`Scrap I-T sops on small savings'

Industrial growth slumps to 0.9 per cent in Nov


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