Financial Daily from THE HINDU group of publications
Saturday, March 09, 2002
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Financial Daily from THE HINDU group of publications Saturday, March 09, 2002 |
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INDUSTRY & ECONOMY BUDGET 3 `meaningless' Budget proposals VARIOUS post-Budget discussions have pointed out at least three proposals of the Budget as "meaningless." One is the `15 per cent additional depreciation', which is applicable only to either greenfield projects or projects which lead to a ... More
Cut in depreciation rates to add to industry woes PETROLEUM Rs 2,000-cr investment norm set -- Petro marketing thrown open to private sector AFTER a span of 26 years, the Government has finally opened the gates for more players, including private sector companies, to market petrol and diesel across the country. The announcement of the opening up of marketing rights marks an end to ... More
LPG prices to be rolled back?
Crude purchases dearer by $2 over last 15 days STEEL US tariff exemption -- Jisco, Lloyd Steel, Zenith to benefit NOTWITHSTANDING the exemption from the additional tariffs on export to the US, little benefit is seen accruing to the Indian steel industry. The " safeguard'' tariffs of up to 30 per cent, effective March 20 and in place for three years, do not ... More
US to have licensing system to gauge steel trade trends
TEXTILES Yarn market dynamics changing CONTRACTING year-to-year profit margins amid excess supplies and higher excise duty burden has forced the cotton yarn market's dynamics to change course from being dealer/agent-driven to direct consumer sale by the spinning mills. The ... More SCIENCE & TECHNOLOGY DST's tech board achieves 70 pc success rate in projects THE Technology Development Board (TDB) of the Central Government's Department of Science and Technology has registered a 70 per cent success in the 100 projects it has supported financially since its inception in 1996. According to Mr S.B. ... More CINEMA Mohanlal to set up studio at Kinfra park THE Malayalam film superstar Mohanlal, is setting up a modern studio complex in the Film and Video Park of the Kerala Industrial Infrastructure Development Corporation (Kinfra) at Kazhakootam, near here. The complex is planned in a three-acre ... More
DISINVESTMENT Nine cos in race for Hind Newsprint A TOTAL of nine leading paper and newsprint manufacturers, including two multinational companies, are understood to have submitted expressions of interest (EoI) for the purchase of 74 per cent equity in the Kerala-based Hindustan Newsprint Ltd ... More
HPCL, BPCL sell-off may not carry investment rider FOREIGN DIRECT INVESTMENT `Be pro-market to attract FDI' A PRO-MARKET approach from the Indian business community is necessary for the augmentation of foreign direct investment inflows into the country, according to Dr Mohan Kaul, Director-General of Commonwealth Business Council (CBC). "It's not ... More
Decision on FII investments in telecom soon EVENTS `China could be the dark horse of 21st century' CHINA is moving up the value chain rapidly and has the potential to become the dark horse of the 21st century, Mr John Thornhill, Asia Editor, Financial Times, has said. At an interactive session on "Impact of China's Economic Expansion ... More
Clinical biochem meet from today EXPORTS & IMPORTS Partial gains on export front EVEN as the overall export growth during the first seven months of the current fiscal registered a decline of 2.45 per cent in dollar terms, exports of plantation, agriculture and allied products, chemicals and related products, petroleum ... More TOURISM Plea to hike tourism outlay NEW DELHI: The Chairman of the Federation of Indian Chambers of Commerce and Industry committee on tourism, Mr Inder Sharma, welcomed the increase in the current Budgetary outlay for the tourism sector to Rs 225 crore from Rs 150 crore ... More
Centre provides Rs 14 cr to Kerala for tourism ECONOMIC OFFENCES Money laundering on the rise: DRI EVEN as the official amendments to the Prevention of Money Laundering Bill are yet to be tabled in Parliament, the Finance Ministry has said that there has been a surge in money laundering activities in the current fiscal as compared to the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Feb. 24-Mar. 2 Policy for workers' security needed: PM CII plea to widen tax net Disinvestment, Budget moves to set the tone for next rally Mitsui pulls out of race for SCI stake Tough agenda for Finance Minister DCA seeks details about Hutchison equity pattern Put reforms on the fast track: Narayanan Cut deficit, lift growth: Survey 10 PSUs to be divested by March Cabinet committee meet on HPCL, BPCL sell-off today Daunting task ahead of Sinha Exports up 1.56 pc in Apr-Jan No highs for breweries, distilleries Sinha lands a knock-out punch -- Rs 12,700 cr extra taxes on individuals, corporates 10 more services come under tax net -- Rs 1,400-cr additional mop-up seen Oil sector deregulation: A(nother) P(erfect) M(anipulation) Changes galore for individual taxpayers Sinha for linking interest rates to inflation `One can't have a road-map every year' |
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