Financial Daily from THE HINDU group of publications
Tuesday, April 02, 2002
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Financial Daily from THE HINDU group of publications Tuesday, April 02, 2002 |
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INDUSTRY & ECONOMY ECONOMY Karnataka: Off-budget borrowings decline by Rs 400 cr OFF-Budget borrowings of Karnataka have reduced by about Rs 400 crore for the current fiscal year. These borrowings are outside the purview of the State Government Budget. The off budget borrowings are essentially done by State public sector ... More
Roll-backs: One up on the Centre FERTILISERS 
New pricing period norms -- Old urea plants to bear the bruntALL urea plants commissioned before the 1990s are likely to be affected by the Group of Minister's (GoM) proposed revision of feedstock consumption and capacity utilisation norms for the 7th pricing period. The proposal would lead to ... More FOREIGN TRADE S. Africa keen on tie-ups in metals, chemical sectors South Africa is now keen on moving up the value chain. It is climbing up the value-added ladder by moving up from pure extraction to high value-added downstream benefication, Ms Maliza said. Negotiations for a free trade agreement between India and S outh Africa are still on, she said. More PSU CAG faults State Govt on PSU management THE functioning of the State-level public enterprises has come in for tight scrutiny by the Comptroller and Auditor-General of India, who has questioned the continued Government support to some PSUs despite poor performance. The CAG in his ... More PETROLEUM To cover pool account deficit -- Govt issues Rs 9,000-cr bonds to oil majors THE Government has issued bonds aggregating Rs 9,000 crore to the state-owned oil companies to liquidate a substantial part of their dues in the oil pool account. The issue of the special bonds also coincides with the freeing of the domestic ... More
APM: A cruel April 1 joke on oil cos
Safety of oil installations -- Naik asks officials to study Jatar report
`Market forces will cushion post-APM shocks' PHARMACEUTICALS Ease clinical trials: Report IN an effort to bring new drugs into India immediately after its approval in the source country, the Planning Commission's working group on drugs and pharmaceuticals has suggested allowing companies to conduct phase III clinical trials in India, ... More POWER AP: Spot billing in villages HYDERABAD: APTransco, which has extended spot billing facility to all towns and municipalities, has introduced this service to the mandal headquarters. The entire process of spot billing is expected to be completed by the end of May ... More
TAXATION Half of India's tax collections used to pay debt: Sinha INDIA is spending Rs 1,18,000 crore only on servicing debt - an amount equal to 50 per cent of the country's tax collections, Mr Yashwant Sinha, Union Finance Minister, has said. The amount had jumped phenomenally compared to the Rs 18,000 ... More
TEXTILES Exim policy `a boon' for textile exports LEADING exporters of textiles and yarn are confident that the country's exports of textiles products may achieve a minimum of 15 per cent growth following the simplification of export procedures and removal of quantitative restrictions as ... More
`No specific policy for textiles sector' SSI TYRES 
Ball is in your court, Maran tells exporters -- Rules out easing rubber importsTHE Union Commerce & Industry Minister, Mr Murasoli Maran, on Monday rejected the plea of the domestic tyre industry for relaxing the current import regime on natural rubber. "In the matter of natural rubber, I want to follow the US President, ... More WATER MANAGEMENT Policy to integrate water resources THE National Water Resources Council (NWRC) on Monday adopted the `National Water Policy', which seeks to integrate water resources development and its management for optimal and sustainable utilisation while keeping out of the various ... More EXIM POLICY BREWERIES Kerala: Licensed toddy tapping set in motion A LICENSING system for running toddy shops has come into effect in Kerala from Monday. The Government has also decided that the number of shops is to be reduced to 4,000 from 5,972. Introduction of this system would bring an end to the selling ... More
EDUCATION Name change proposal creates flutter at ICWAI A SECTION of members of the Institute of Cost and Works Accountants of India (ICWAI) seems to have expressed dislike for a proposal, mooted by the highest management, to change the name of the organisation to `Institute of Cost and Management ... More MEDICAL INSTITUTIONS & HOSPITALS METALS AP: Ferro alloy units down shutters FOUR out of the six ferro alloy units in Andhra Pradesh have been closed from Monday as their operations have become unviable following the recent imposts by the Andhra Pradesh Electricity Regulatory Commission (APERC). Of the remaining two, one ... More INDUSTRY ASSOCIATIONS CINEMA `Kannada films lack global reach' One of the important steps that would help the growth of Kannada films is to set up an autonomous body under the banner, Kannada Film Academy. More SMALL SAVINGS National savings scheme staff face uncertainty It is ironical that while employees of the National Savings Organisation are facing a crisis of confidence, the Tamil Nadu Government is going all out to mop up resources under various small savings schemes. More RURAL DEVELOPMENT `Only 52 pc of RIDF grants utilised' KARNATAKA has been able to utilise about 52 per cent of the funds sanctioned under the Rural Infrastructure Development Fund (RIDF) till March 2002. While a total assistance of Rs 1,535 crore was sanctioned over the last seven years, about Rs ... More
Centre to provide 15 lakh t rice for food-for-work in AP
HUMAN RESOURCES TRADE & LABOUR UNIONS Lockout cases on the rise in Bengal A SHARP increase in the number of lockouts in West Bengal in 2001 has pushed up the number of mandays lost by the State, according to the latest official statistics. The report revealed that in 2001, nearly 211 lakh mandays were lost through ... More EVENTS Where is that apple from? -- Traceability concerns take centre-stage EVER thought about the origins of that imported apple you bought from the market, or what went into that lip-smacking fish pickle, picked off the shelf from your neighbourhood store? As consumers curiously get behind the products' origins ... More
'Newspapers are alive'
It's back to basics for corporators
EXPORTS & IMPORTS 
Exports falter, 11-month growth rate at 0.06 pcCONFIRMING the fears that the country's exports would not reach even the downsized target of three per cent in dollar terms in the 2001-02 fiscal, the overall exports during the first 11 months of April 2001 to February 2002 notched up a measly ... More
`Status Holder' can get credit up to 100 pc of EEFC
DGFT to study plea on export invoicing in rupee terms 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. 24-Mar. 30 The Indian workforce — who counts? `TN textile stir due to misinformation' Forex reserves rise nearly $10 b this fiscal Service tax exemption likely for special economic zones One-time settlement of SEB dues approved Visa applications -- US consulate cutting down on personal appearances EPCG, DFRC schemes -- Govt to relax norms for exporters Bangalore leads in lead poisoning Importers can rebook cancelled forward deals Karnataka set to do a Kerala in tourism FDI approvals hit a nadir since 1995 Passenger cars buck auto export trend |
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