Financial Daily from THE HINDU group of publications
Saturday, March 23, 2002
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Financial Daily from THE HINDU group of publications Saturday, March 23, 2002 |
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INDUSTRY & ECONOMY BUDGET 
Sinha hints at further rollbackTHE Finance Minister, Mr Yashwant Sinha, has indicated that the demand for a rollback of the hike in postal rates and certain tax measures could be considered during the passage of the Finance Bill. Winding up the discussion on the Budget ... More
Kerala Budget sits heavily on taxed shoulders
Petrol, power dearer in Maharashtra CHEMICALS Chemical sector task force report today THE Minister for Chemicals and Fertilisers, Mr S.S. Dhindsa, will receive the report of the task force on chemical industry in Mumbai on Saturday. The chairman of the 10-member task force is Dr A.S. Ganguly, Secretary, Chemicals and ... More ECONOMY Govt focussed on NPA recovery, says Sinha Mr Sinha stated that in absolute numbers, the NPAs might appear to be going up but the percentage of the NPAs to total advances has been consistently going down ever since "we started monitoring from 1993-94. More
Govt to extend UK-funded civic project
Call for criteria for urban reform funds to States ENVIRONMENT Effluent discharge into Noyal river -- Erode farmers complain against Tirupur units The farmers in the region had approached the district authorities seeking compensation for the crop loss suffered on account of the contaminated ground water. More
Swaminathan Foundation plan to conserve mangroves FOREIGN TRADE 
Nepal ensures safety for Indian investmentsNEPAL, which already has strong company laws, plans to promulgate Parliamentary laws to provide more security to foreign investments coming into the country, the Nepalese Prime Minister, Mr Sher Bahadur Deuba, has said. Urging the Indian ... More HEALTH PSU PETROLEUM IOC firm on converting Kandla-Bhatinda pipeline -- RPL, Essar told to make own arrangements RELIANCE Petroleum and Essar Oil would have to make their own arrangements to move products to the North, with Indian Oil Corporation Ltd (IOC) adamant on converting the Kandla-Bhatinda product pipeline into a crude oil carrier. The decision ... More POWER Post-Dabhol, MSEB cuts losses MSEB is expected to end the current fiscal with a loss of Rs 1,500 crore, down by over Rs 1,300 crore over last year's Rs 2,841 crore. According to MSEB officials, this is because the board stopped buying the expensive power from Enron's Dabhol ... More
CAG faults Karnataka SEB's power purchase pacts with 3 cos
`Retain renewable energy sector sops'
STEEL Changes likely in advance licence for seconds steel THE Government plans modifications in the advance licence scheme for exporters following the hike in import duty on seconds and defective steel products to the WTO-bound rate of 40 per cent and that on ship breaking scrap to 15 per ... More TAXATION Beer prices set to shoot up in UP BEER will cost more in Uttar Pradesh from April 1. This follows excise duty hike announced for the 2002-03 fiscal. It is learnt that mild beer may turn expensive by Rs 4, while the price of high alcohol content strong beer is likely to move up ... More
Revised direct tax target will be met: CBDT TEXTILES Textile strike `total' in TN COTTON textile production and related trading activity in the major manufacturing centres in Tamil Nadu came to a halt following the one-day strike called on Friday by weavers in the State to protest the levy of excise duty on hank yarn. The ... More
Plea to counter forces limiting textile exports WATER MANAGEMENT EDUCATION REAL ESTATE & CONSTRUCTION Malaysia keen on construction tie-ups MALAYSIA is keen on sustained partnership with Andhra Pradesh in several infrastructure fields, especially in the construction industry, according to the Malaysian Minister for Works, Mr S. Samy Vellu. Addressing the first four-day ... More PAPER, BOARD & NEWSPRINT 300 small paper mills facing closure threat THERE is strong apprehension about 300 small paper mills in the country may eventually be forced to down shutters as they are not in a position to compete in terms of cost and quality vis-à-vis the international market. The All-India ... More
NEWSPAPERS & PUBLISHING Panel against foreign investment in newspapers THE Standing Committee on Information Technology is in favour of allowing publication of foreign and scientific magazines while ruling out foreign investment in newspapers and periodicals dealing with news and current affairs. The Committee, ... More GENDER TN gender equity efforts hailed CHENNAI: A high-level team, led by eminent agriculture scientist M S Swaminathan, on Friday called on the Tamil Nadu Chief Minister, Ms J. Jayalalithaa, and commended the steps being taken by her Government to foster gender equity and ... More DISINVESTMENT IPCL divestment to be back on track -- Gas supply row set to be resolved THE process of selling 26 per cent equity in Indian Petrochemicals Corporation Ltd (IPCL) is back on track with the Government close to settling the row over the pricing of ethane and propane supplied by ONGC to IPCL's plant at Nagothane ... More EVENTS INCOME TAX CBDT chief to review scheme on settlement panel THE Chairman of the Central Board of Direct Taxes (CBDT), Mr P.K. Sarma, today promised a re-look at a Budget proposal that would withdraw the power of the Settlement Commission to send the cases, referred to it, back to the assessing officer. ... More EXPORTS & IMPORTS `Keep textile drawback at realistic levels' THE Textile Ministry has set a $15 billion export target for textile and clothing product for 2002-03 at a review meeting held under the chairmanship of the Union Textile Minister, Mr Kashiram Rana. The meeting was attended by the Minister of ... 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. 10-Mar. 16 Combined profit of PSUs up 9.22 pc in 2000-01 -- ONGC tops list with Rs 5,229 crore Dividend tax stays: Sinha Fiscal responsibility Bill -- Deficit limits to stay, but with changes IOC monopoly over import ends -- BPCL makes first spot crude buy The Budget and its fineprint Industrial drag persists in Jan ONGC rider on gas supply puts IPCL sale in a limbo Interest cut on I-T refunds Feb car sales take highway House panel slams Govt on petrol cess redirection Govt rethink on powers to hike excise rates Oil refineries face hike in insurance premiums Third World to post modest growth: IBRD Govt retirement schemes for pvt sector employees? Paper trade getting out of the woods No going back on reforms, says Antony Scrutiny norms for export cargo eased Govt reviews crude oil price rise Tax base wider; but little change in mop-up: CAG |
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