The Hindu Business Line : Saturday, March 09, 2002

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

Buy Indian Act for steel sector on anvil
IN line with the Finance Minister's Budget announcement to help the Indian steel industry overcome the recession, the Ministry of Steel has decided to go ahead with the proposed `Buy Indian Act'. The proposed new Act is in line with an existing ... More

STATES

The middle-class shown up
A WEEK after the Gujarat conflagration, stoked by the communal frenzy, it is time for stock-taking, at least in the State's business capital of Ahmedabad. Because, the police, for long at the receiving end for its alleged inaction at the height ... More

Kerala to introduce Fiscal Accountability Bill
THE Kerala Government will soon bring in a Fiscal Accountability Bill aimed at creating a legal and administrative framework to rein in reckless borrowings and expenditure. In his Budget speech, the Finance Minister, Mr K. Sankaranarayanan, ... More

No major taxes in Kerala Budget
DESPITE the acute financial crisis the State has been going through in recent times, the Kerala Budget for 2002-03 does not contain any major tax proposals, except for a moderate dose of entry tax on an assortment of goods and changes in the tax ... More

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

Maharashtra signs pact with E-Cool Gaming
THE Maharashtra Government is considering setting up a corpus, accruing from its online lottery earnings, towards primary education and infrastructure projects, the Minister for Finance and Planning, Mr Jayant Patil, said. The Maharashtra ... More

Kerala to levy entry tax
THE Kerala Budget for 2002-03, presented today, does not contain any major tax proposals, except for a moderate dose of entry tax on an assortment of goods and changes in the tax structure for petroleum products. The Budget proposes an ... More

Bengal Budget to mobilise Rs 351 cr thru new taxes
Dr Dasgupta said that in addition to the incentives now available for the small and medium-scale industries, special steps would be taken next year to provide loans up to Rs 200 crore to develop this sector. More

TN must focus on knowledge sector: CII
A renewed thrust to information technology and biotechnology is needed. In information technology, the State should target an export growth rate of over 60 per cent in the next five years, the CII said. More

Centre provides Rs 14 cr to Kerala for tourism
THE Centre on Friday agreed to provide Rs 14 crore as financial assistance for promotion of tourism in Kerala including Rs 3.5 crore for IT related projects. Addressing a press conference after a meeting with the Union Tourism Minister, Mr ... More

Chambers welcome Kerala Budget

MANPOWER

Whither government downsizing?
WASN'T downsizing of Central ministries and departments one of the major priorities of the Centre as part of the second-generation reforms by way of cost cutting and expenditure control? It was. Just about a couple of years back. Though not ... More

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Dividend rush -- Now, it's funds turn

SBI kisan card turns FMCG golden goose

Tough days ahead for refiners, traders

Partial gains on export front

Money laundering on the rise: DRI

Rs 2,000-cr investment norm set -- Petro marketing thrown open to private sector

In Depth
Inside Kashmir

Guide to derivatives

US-64

Looking back
Feb. 24-Mar. 2
Policy for workers' security needed: PM

Income on deep discount bonds to be taxed yearly

Jayalalithaa wins, set to be sworn in CM

CII plea to widen tax net

FMCG cos exercised over excise duties

Put reforms on the fast track: Narayanan

A forgettable day for Gujarat businesses