Financial Daily from THE HINDU group of publications
Friday, April 05, 2002
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Financial Daily from THE HINDU group of publications Friday, April 05, 2002 |
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INDUSTRY & ECONOMY ECONOMY Fresh legislation on pensions `may be needed' THE Government might consider enacting a fresh legislation to bring about a unified pension system in the country, Mr J Bhagwati, Joint Secretary, Ministry of Finance, has said. "A fresh legislation may be required after the preparatory work ... More
Kerala cabinet nod for talks with ADB
Manufacturing 'key' to spur growth rate ENVIRONMENT Call for alliance of bio-diversity rich countries INDIA has called for crafting a `development coalition' of bio-diversity-rich countries, which should work for the development of an internationally-agreed instrument, duly recognising national-level systems for the protection of traditional ... More PSU Kerala: Panel for fresh approach to PSU reforms THE State Government should move away from ownership and financial support to State-level public enterprises that need to be run with commercial considerations, according to an approach paper by the Enterprise Reforms Committee (ERC). The ... More PETROLEUM Price-linked cess on crude proposed THE Petroleum Ministry is currently working on a proposal wherein the cess levied on domestic crude increases as international crude price rises. It is awaiting the crude supply agreements between ONGC and the refining companies, which will set ... More PHARMACEUTICALS Duty cut on more anti-AIDS drugs THE anti-AIDS segment has got yet another shot in the arm with the Government exempting nine anti-retroviral drugs from central excise duty, in an effort to bring down prices. The drugs include, Lamivudine, Stavudine, Didanosine, Saquinavir, ... More POWER TAXATION Ministry may review insurance service tax THE Finance Ministry is set to review the 5 per cent service tax imposed on life insurance following representations from a section of the industry to withdraw the impost on existing policyholders. The Revenue Department may consider some of ... More SSI Scepticism over SSI sops in Exim policy EVEN though the measures outlined by the Union Commerce Minister in his Exim Policy are "prima facie" in the right direction, experts here are apprehensive as to how these steps will lead to the intended results against the wider issues relating ... More WATER MANAGEMENT 
Metrowater may adopt staggered pricing -- Chennai woes call for `basket of responses'THOUGH the ample rainfall received during the previous North-East monsoon may ensure that the city does not witness the crisis of the last two summers this year, the administrators are looking at developing a basket of responses that will lead to ... More EXIM POLICY `Brands lose promotion benefits' THE Union Government has, in the new Exim policy, withdrawn some of the benefits that were earlier provided for promoting the export of branded products from the country. Confirming this at an interactive session on the new Exim policy, ... More
EDUCATION TN: Private SSLC candidates seek a `level field' THE manufacturing sector is not alone in its demand for a level playing field. Private SSLC (Secondary School Leaving Certificate) candidates are also fighting for a level playing field on the issue of publication of results. The results of ... More OFFICE EQUIPMENTS & SUPPLIES 
Pencil industry shake-out has the stronger in frayTHAT basic writing instrument, a thin core of graphite covered in wood, the pencil, has stood the test of time and is here to stay. Though its hi-tech siblings, the mechanical pencil and the ballpoint pen, may draw away a share of its market, its ... More KNITWEAR & HOSIERY Knitwear exporters appeal for infrastructure fund KNITWEAR exporters have asked the Centre to create an infrastructure development corpus by remitting 2 per cent of the f.o.b value of shipments made from an export centre. Making a representation on behalf of knitwear exporters at a meeting of ... More SCIENCE & TECHNOLOGY India widens space ties with Indonesia INDIA and Indonesia have signed a memorandum of understanding (MoU) here on Wednesday widening the scope of cooperation in space programme and applications. The MoU was signed between the Chairman of the Indian Space Research Organisation ... More DISINVESTMENT Sterlite signs HZL deal; open offer in four days STERLITE Industries today signed the transaction document with the Union Government for acquiring 26 per cent stake in Hindustan Zinc Ltd (HZL). The company will make actual payment of Rs 445 crore for the acquisition on April 11. The ... More
FOREIGN DIRECT INVESTMENT European group keen on investing in Kerala A 61-MEMBER delegation from Europe on holiday in Kerala has evinced immense interest in investing in the State. Mr John Joseph, Member of the National Minorities Commission, who catalysed the visit and meetings with officials and political ... More EVENTS INCOME TAX Exemption on TDS for dividend income likely THE Finance Ministry is likely to provide a threshold exemption on tax deducted at source (TDS) on dividend income received by individual shareholders from companies and mutual funds in the official amendments to the Finance Bill ... More EXPORTS & IMPORTS New policy likely on brand rate of duty drawback IN an export-friendly move, the Finance Ministry has decided to announce a new policy for availing brand rate of duty drawback effective June 1, 2002. "Brand rate of duty drawback will now be available on a self-certification basis for all ... More TOURISM AP Govt accords tourism projects top priority The pace of development in the tourism sector indicates that the State Government means business and is in a hurry to ground the projects. Recognising the potential of this sector, it has given top priority to the sector as a growth engine, next only to information technology. 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. 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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