Financial Daily from THE HINDU group of publications
Wednesday, March 13, 2002
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INDUSTRY & ECONOMY

ECONOMY


`China to take hi-tech road to development'
IN the next few years, China's economy will be characterised by three features: First, the economy will be driven by the development of new and high technology, IT in particular, so as to attain the objective of an average 7 per cent GDP growth ... More

ENVIRONMENT


Pollution charges on power plants `desirable'
ALTHOUGH it would be desirable to adopt economic instruments for environmental management of power plants, the poor financial health of State electricity boards (SEBs) could make it inappropriate. Hence, the infrastructure of State pollution ... More

EXCISE AND CUSTOMS


Govt rethink on powers to hike excise rates
"The decision to promulgate an Ordinance was undertaken for a specific purpose of raising duties on petrol and diesel. It was never our intention, even then, to tinker with duty rates on any other commodity." More

FOREIGN TRADE


Xiamen for improved trade ties with India
XIAMEN, one of the largest special economic zones (SEZs) of China, located in the South-eastern region of the country (popularly known as the Southern Fujian Triangle) has sought greater economic co-operation with India through increased trade ... More

New Indo-Nepal treaty hailed
THE Federation of Indian Chambers of Commerce & Industry has welcomed the Indo-Nepal Treaty of Trade as finalised between the two Governments. The concerns of Indian industry have been addressed while maintaining the zero duty access to ... More

PETROLEUM


House panel slams Govt on petrol cess redirection
A STANDING Parliamentary Committee of the Ministry of Petroleum & Natural Gas has taken strong exception to the Government approach of not passing on the funds collected through cess under the Oil Industry Development Board (OIDB) to the ... More

Oil refineries face hike in insurance premiums
PETROLEUM refineries are expected to face large hikes in insurance premiums on risk cover due for renewal, on account of the changes effected by reinsurers in the risk weightage for Asia. Industry sources said that reinsurers have escalated ... More

TEXTILES


TN textile industry calls for bandh on March 22
DIVERSE textile manufacturing bodies in Tamil Nadu have decided to call for a one-day State-wide bandh on March 22 to protest against the introduction of excise levy on cotton hank yarn in the Budget. A decision to call the bandh was taken at a ... More

EDUCATION


Regular interface between industry, academia stressed
A STRUCTURED and regular interface between industry and the academia is necessary while formulating curricula in technical schools, colleges and universities. This will ensure that the education imparted in such institutions leads to creation ... More

DISINVESTMENT


Tulip pays up for Juhu Centaur -- Management control later
HONOURING the deadline set by the Union Government, Tulip Hospitality Services, promoted by Mr Ajit Kerkar, paid the bid price of Rs 153 crore into an escrow account for acquiring the Juhu Centaur property of Hotel Corporation of India ... More

Post-deregulation crude import -- Doubts over SCI's nodal status
CONFUSION prevails in the Government over whether the State-owned Shipping Corporation of India, put up for privatisation, will continue to be the nodal agency for transportation of crude imported by national oil companies in the post-deregulated ... More

EXPORTS & IMPORTS


Plan for services exports on anvil
THE Commerce Ministry has flagged off a move to evolve a medium-term export strategy for the services sector to cash in the country's distinct comparative advantages in several services such as computer software, hospitality industry and super ... More
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Top Stories
`Basic telephony operators see creeping growth rate'


House panel slams Govt on petrol cess redirection

Rice exports up despite fall in global demand

MTNL may take stake in Sri Lanka Telecom

Govt rethink on powers to hike excise rates

Oil refineries face hike in insurance premiums

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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