Financial Daily from THE HINDU group of publications
Tuesday, March 12, 2002
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Financial Daily from THE HINDU group of publications Tuesday, March 12, 2002 |
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INDUSTRY & ECONOMY ANTI-DUMPING Probe into EU chemical import NEW DELHI: The designated authority in the Ministry of Commerce and Industry of India has initiated anti-dumping investigations into the alleged dumping of D (-) para hydroxy phenyl glycine base from the European Union. Industry sources ... More AUTOMOBILES `Auto policy not to have impact on credit quality' RATING agency Crisil today said that the Government's proposed auto policy is unlikely to have any immediate impact on the credit quality of domestic companies in the automobile and auto ancilliary sectors. "However, the direction of the policy ... More ECONOMY 
Industrial drag persists in JanTHE country's industrial output has registered a growth of 3.2 per cent in January 2002 compared to 4.5 per cent in the same period last year. In the first 10 months of the current fiscal (April 2001-January 2002), the growth was 2.5 per cent ... More
IBRD asks Rich to hike aid, open up markets
Rs 2-cr debt relief grant from Japan FOREIGN TRADE Myanmar seeks investment THE Ambassador of Myanmar in India, Mr Kyaw Thuhas, has called for greater investments by Indian entrepreneurs in his country. Addressing members of the Bengal National Chamber of Commerce & Industry (BNCCI) here on Monday, Mr Kyaw regretted ... More
`Indo-Lankan business ties must be focussed' POWER PPA muddle stalls BPL project in AP THE progress of the 520 MW BPL power project planned at Ramagundam in Andhra Pradesh has been affected following the recent directive of Andhra Pradesh Electricity Regulatory Commission (APERC) with regard to its power purchase agreement ... More
REC legal action to recover Rs 1,500 cr from States TEXTILES Exporters seek extension of DEPB scheme POWERLOOM fabric exporters have asked for extension of the Duty Entitlement Pass Book scheme beyond April 2002, restoration of payment of drawback under brand rate scheme and refund of sales tax paid on the inputs going into export ... More RADIO/TV Ad agencies must pay TV channels in 75 days IN a significant decision that comes as a relief to the several television channels, the joint working committee of the Indian Broadcasting Foundation (IBF)-Advertising Agencies Association of India (AAAI) has decided that henceforth all the AAAI ... More CARS Feb car sales take highway A REVIVAL in the passenger car segment has been signalled with the growth in sales in February, well along the lines of the trend in January. On a year-on-year basis, car sales during February increased by 16.5 per cent thanks to higher sales ... More COSMETICS Savings on shampoos USERS of the major brands of shampoo have been given considerable cause for cheer in the budget. The budget has halved the excise duty on shampoos from 32 to 16 per cent. Though the abatement granted to manufacturers on this product for the ... More DISINVESTMENT ONGC rider on gas supply puts IPCL sale in a limbo OIL and Natural Gas Corporation's (ONGC) move to re-negotiate the gas supply agreement for the Gandhar and Nagothane plants with the post-divestment owner of Indian Petrochemicals Corporation Ltd (IPCL) has put in a limbo the Government's plan to ... More
Meetings to decide on future of Air India, IA INCOME TAX Interest cut on I-T refunds Tax-payers who have to cope with the proposed reduction in tax rebate available under Section 88 of the Income-Tax Act 1961 on contributions to small savings products will also have to contend with a lower interest on refunds. The Finance Bill ... More EXPORTS & IMPORTS Reduced rates on export credit extended THE Reserve Bank of India on Monday said that reduced interest rates for rupee export credit would continue till September 30, 2002. Thus, the reduction in the ceiling of interest rates charged by scheduled commercial banks on pre-shipment and ... More
Uniform coding aimed at boosting exports TOURISM KTDC launches online reservation THE Kerala Tourism Development Corporation (KTDC) has introduced online reservation system for its hotel rooms. The high-speed online reservation system, launched here on Monday by the Tourism Minister, Mr K.V. Thomas, is being put in place in ... 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 Mar. 3-Mar. 9 A case of consumer subsidising Govt? -- `Effective' petro subsidy to be Rs 1,400 cr No roll-back on LPG: Sinha Budget 2002-03 -- Sinha errs on the side of caution `Taxation policy must be consistent' IOC cites Constitution to support HPCL, BPCL bid Auto policy may set norms for fresh investments Court stays tax on perquisites US steel tariffs worry Indian majors Legal hurdles to divestment -- Govt mulls hiving off Neyveli power plants 100 pc FDI in auto sector under automatic route -- No minimum investment norms `Newsprint sector in for a shake-out' Money laundering on the rise: DRI Partial gains on export front Rs 2,000-cr investment norm set -- Petro marketing thrown open to private sector |
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