Financial Daily from THE HINDU group of publications
Saturday, April 06, 2002
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INDUSTRY & ECONOMY

ECONOMY


Project finance data reveals slowdown
IN a clear sign of industrial slowdown over the past couple of years, disbursements by 47 development-funding agencies in the country for project financing grew by a meagre 2 per cent during the fiscal year 2000-01 to Rs 39,866 crore from Rs ... More

  • Drive against child labour

    ELECTRONICS


    Electronics export up 37 pc
    IT and electronics export during the 11 months of last fiscal grew by 37 per cent to Rs 45,397 crore from Rs 33,138 crore in the same period of the previous year, according to the Electronics and Computer Software Export Promotion Council ... More

    Fancy for Chinese goods wearing thin
    CHINESE products do not seem to have created much enthusiasm among the consumers in Kerala thanks to the inferior quality of the products. Except electronic toys and showcase items, products such as television sets, VCDs, etc., have so far not ... More

    ENVIRONMENT


    Tannery effluents: Focus on reverse osmosis
    Despite connecting their facilities to individual or common effluent treatment plants, the tanners of Vellore were unable to meet the TDS of 2,100 parts per million prescribed by the Tamil Nadu Pollution Control Board. More

    No quick-fix to pollution woes: Minister
    CITY pollution problems will have to be solved in a planned manner, over a period of time, as quick solutions could result in other serious problems. Stating this here on Friday, at the inauguration of a seminar on `The role of electric ... More

    FOREIGN TRADE


    S. Africa invites investors to tap surplus power
    SOUTH Africa has invited Indian power-intensive industries to set up manufacturing bases in the country, and avail of electricity available at 75 paise unit. Being a power-surplus country capable of offering low-cost electricity, South Africa ... More

    PSU


  • Kerala Wood Industries board recast

    PETROLEUM


    Natural gas at market prices to power, fertiliser cos: Naik
    FERTILISER and power producers using natural gas will now have to pay market prices for the feedstock. The Cabinet will shortly take a view on revising natural gas prices. Hereafter, there will be no subsidy for use of gas as feedstock, Mr Ram ... More

    States levying sales tax on oil products may be `disciplined'
    THE Union Government will have to find means of disciplining State Governments levying sales tax on petroleum products instead of passing on the benefits of price cuts initiated by the Centre to the consumers, Mr Ram Naik, Union Minister of ... More

    TAXATION


    TN industry looks forward to CM's `vision'
    CONSIDER this: Tamil Nadu introduced entry tax on iron and steel inputs in the 2002-03 Budget. Its neighbour, Karnataka, has no entry tax on iron and steel inputs. Besides, it also levied entry tax on some more items. Take the case of some ... More

    COAL


    Uniform pricing for coal soon
    THE Union Minister of Coal and Mines, Mr Ram Vilas Paswan, announced on Friday that a uniform pricing mechanism would shortly be introduced for core and non-core sector coal consuming industries. Under the new mechanism, both the sectors would ... More

    BREWERIES


    Liquor sales zoom; excise dept upbeat
    Out of 22 distilleries, 20 were extended licence last fiscal ended March 31, 2002. The Andhra Pradesh Beverages Corporation Ltd, the nodal agency for sale of liquor in the State, regulates trade in IMFL and beer. More

    Pilot project to barcode liquor at retail level
    CONSUMERS in the Delhi area will no longer be disappointed on not getting a particular brand of liquor, thanks to a pilot project between EAN India and the Delhi State Excise Department. The project helps ensure ample stocks of popular liquor ... More

    EDUCATION


    B-school holds its own...
    AT a time when campus recruitments are at a low due to prolonged recessionary trend, for a placement seeker from a B-school it is an uphill task both in terms of choice of organisation and package. Under these times, the first batch of Indian ... More

    UxChange team cares and shares
    CHARITY begins at home. This saying has been taken literally by a group of students in the city who want to help the less privileged school children get the basic necessities of education. Calling themselves UxChange, the students have pooled ... More

    SSLC exam material online
    THE Resource Centre for Indian Language Technology Solutions - Malayalam (RCILTS-Malayalam) at the Electronic Research and Development Centre of India (ER&DCT) has announced the hosting of question paper and answer material (Malayalam medium) of ... More

    GEMS & JEWELLERY


    A rough time for India over Russian diamonds
    The Indian gem industry gets 70 per cent of its rough diamonds from De Beers while the remaining 30 per cent is routed through Antwerp. Currently, 50 per cent of rough diamonds from Russia are routed for sale through De Beers. More

    Surat diamonds sparkle through dark clouds
    The communal violence that hit Gujarat gave the Surat diamond industry a wide miss. Even the cutting and polishing units in the Bapunagar area of Ahmedabad, a riot- prone area, were affected only during the first week of March. More

    MEDICAL INSTITUTIONS & HOSPITALS


  • New building at port trust hospital

    INDUSTRY ASSOCIATIONS


    GMCI focus on export priorities
    WITH the Exim policy sending a strong signal to the States to play a critical role in exports, it has become imperative for them to fine-tune their strategies and focus on export competitiveness and infrastructure. Taking its cue, the Greater ... More

    High-level FICCI team for Singapore
    COINCIDING with the Prime Minister, Mr Atal Bihari Vajpayee's, visit to Singapore, the Federation of Indian Chambers of Commerce and Industry (FICCI) is mounting a high-powered business delegation to Singapore starting from April 8. FICCI will ... More

    KCCI protests KRL mooring outside Cochin port
    THE Kerala Chamber of Commerce and Industry (KCCI) has expressed serious concern over permission given by the State Government to Kochi Refineries Ltd (KRL) to set up single-buoy mooring outside the Cochin port premises. The Chamber President, ... More

    OFFICE EQUIPMENTS & SUPPLIES


    Spaced out
    A young girl and her sibling play with a discarded typewriter at the Hyderabad Municipal Corporation office. Widespread computerisation has edged out the once-ubiquitous typewriter out of most ... More

    RESORTS & AMUSEMENT PARKS


  • More rides at Veega Land

    NEWSPAPERS & PUBLISHING


  • A cool summer for raddiwallas

    FINANCIAL POLICY


    Medium-term fiscal policy statement soon
    THE Government is set to go ahead with its plans of formulating a medium-term fiscal policy statement, which will lay down three-year rolling targets for prescribed fiscal indicators. The proposal to lay such a policy statement in Parliament at ... More

    DISINVESTMENT


    Aurangabad Ashok: Rlys to get part of sell-off proceeds
    THE Railway Ministry will get a share of the proceeds accruing from the sale of ITDC's Hotel Ashok property at Aurangabad in Maharashtra. A compromise formula to this effect was approved by the Cabinet Committee on Disinvestment (CCD) on March ... More

    Delta Paper to expand Nizam Sugars units
    DELTA Paper Mills, which is set to form a joint venture for the controlling stake in four units of Nizam Sugars, is planning to undertake expansion of sugar mills, increase distillation capacity in two distilleries and develop co-generation ... More

    RURAL DEVELOPMENT


    Jaitley promises to ease finances for panchayats
    THE Union Minister of Law, Justice and Company Affairs, Mr Arun Jaitley, has said that Article 243(g) read with Schedule XI of the Constitution of India would be suitably amended to devolve adequate financial powers to the panchayati raj ... More

    EVENTS


  • Meet on detergent manufacture
  • Chennai Engagements
  • `Entreprendre Du' starts today
  • Bangalore Engagements
  • Hyderabad/Secunderabad Engagements

    SOCIETY & DEVELOPMENT


    `Citizens unhappy with public services'
    WHAT do citizens feel about the public services in the country? The first, independent study using feedback from 40,000 households in 24 States offered some interesting insights. Pioneered by Public Affairs Centre, Bangalore and released by MP ... More

    TOURISM


    Plan allocation for tourism may rise 10-15 fold
    THE Plan allocation for the tourism sector for the year is set to increase 10-15 times, the Minister for Tourism, Mr Jagmohan, has said. Addressing members of the Federation of Hotel and Restaurant of India (FHRAI) here on Thursday, the ... More
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  • Top Stories
    Natural gas at market prices to power, fertiliser cos: Naik


    TN decision on noon meal scheme smashes egg prices

    Tata Steel plans new forays

    Panel moots due diligence for private bank directors

    SBI for merger of select associate bank branches

    UTI knocks SEBI door to roll over three schemes

    Electronics export up 37 pc

    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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