Financial Daily from THE HINDU group of publications
Tuesday, April 09, 2002
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Financial Daily from THE HINDU group of publications Tuesday, April 09, 2002 |
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INDUSTRY & ECONOMY ECONOMY 
TN Govt fusillade against Centre -- `DMK mismanaged paddy procurement'THE Tamil Nadu Government today charged the Centre with bias in allocating funds to the detriment of the State. It also squarely blamed the earlier DMK Government for mismanaging paddy procurement and the public distribution system resulting in ... More ENVIRONMENT HC stays TNPCB notice on petro dealers THE Madras High Court has granted an interim stay for the notice dated March 11, 2002 issued by the Chairman, Tamil Nadu Pollution Control Board to the retail outlets of petroleum products, i.e., petrol and diesel, which are the members of the ... More FOREIGN TRADE 
Brazil Minister for closer trade tiesIN order to facilitate further development of trade, investment, and commercial relations between India and Brazil, the Indo-Brazil Commercial Council (IBCC) was launched at FICCI here on Monday. The IBCC was jointly addressed by the Brazilian ... More
`Bright prospect to expand trade ties with S. Africa' POWER Bengal SEB hopes to get Japan loan THE West Bengal State Electricity Board is hopeful of getting the nod from the Japan Bank for International Co-operation (JBIC) for the second tranche of the Rs 506-crore loan for the improvement of the State's transmission and distribution ... More
TAXATION Direct tax mop-up falls short of target "Even a shortfall in the range of Rs 3,000-4,000 crore in direct tax collection vis-a-vis revised targets is not a cause for panic. This is because the final borrowings — the bottom line pointing to any possible slippage in fiscal deficit targe t — are well within the revised estimates for 2001-02." More TEXTILES SIMA told to do viability study to get revival funds THE South-based textile industry has asked the Union Textile Ministry to set up a Rs1000-crore fund to revive the potentially viable but financially weak textile units. But the Union Textiles Secretary, Mr S.B. Mohapatra, before whom the plea ... More
One-shot subsidy for textile technology update likely COAL Road-map for 23 greenfield coal projects ready THE `road-map' for 23 out of the 33 greenfield coal projects that require the Centre's approval have been prepared by Central Mine Planning & Design Institute (CMPDI) and submitted to the respective subsidiaries of Coal India Ltd (CIL) for ... More INDUSTRY ASSOCIATIONS Corporate `treasurers' wake up, get cracking IT'S a treasurers' club. The members are large corporates including Reliance, Grasim, Telco, Gujarat Ambuja, L&T, HDFC, ACC, BSES, M&M, Asian Paints, RPG Enterprises, Piramal Enterprises, Cadbury, Castrol and Thomas Cook. They have come together ... More
Electronics, IT traders demand cut in ST KNITWEAR & HOSIERY Tirupur in the running for apparel park TIRUPUR knitwear exporters got a positive signal from the Ministry of Textiles on their plea to locate an apparel park in Tirupur, with the Union Textile Secretary, Mr S.B. Mohapatra, promising to back their claim for an exclusive park for ... More SCIENCE & TECHNOLOGY 
ISRO begins work on health satellite -- First telemedicine project launchedTHE Indian Space Research Organisation (ISRO) has planned to build a dedicated health satellite which will take telemedicine to the remote areas of the country. It is evaluating the necessary systems and the feasibility of having one such, ... More GRANITE & MARBLE Granite exporters hit by price slump THE slump in granite prices, both of rough blocks and polished stones, has become a cause for worry among the exporters. The average export prices have dropped by about 40 per cent over the last three years and the slide is much higher in cases ... More DISINVESTMENT Govt asks SCI to pay 30 pc interim THE Union Government has asked Shipping Corporation of India (SCI) to pay an interim dividend of about 30 per cent by the end of May, well ahead of the proposed privatisation of the state-owned shipping line. SCI had skirted the Shipping ... More
Corpn Bank move on Ruia Cotex may hit Jessop sale IPR Unctad offers three-pronged support to develop traditional knowledge In an interview to Business Line in the Capital on the fringes of a recently concluded international seminar on traditional knowledge and bio-diversity, Mr Roffee said that Unctad has always been trying to deal with specific problems of the de veloping countries. More TRADE & LABOUR UNIONS INTUC opts out of labour strike THE pro-Congress Indian National Trade Union Congress (INTUC) will not take part in the proposed all-India strike called by certain trade unions on April 16 against the new labour laws of the Centre. The INTUC President, Mr Sanjeev Reddy, told ... More EVENTS EXPORTS & IMPORTS Export target for handicrafts set at $1,600 m THE Government has set an export target of $1,600 million for the handicrafts sector during the financial year 2002-03. This was stated by Mr V. Dhananjaya Kumar, Minister of State for Textiles, in his inaugural address at a four-day Indian ... 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. 31-Apr. 6 Traditional export items under-perform Govt cuts SDS to 9 pc; PF rate reduction on anvil Bleak export scenario set to change: Maran New initiatives to drive export growth Simplified norms; specific packages Farm exports freed; thrust to SEZs -- Maran gives Exim policy a friendly push Extra revenue outgo on sops at Rs 1,000 cr -- Total outflow may top Rs 27,000 cr in 2002-03 To cover pool account deficit -- Govt issues Rs 9,000-cr bonds to oil majors Exports falter, 11-month growth rate at 0.06 pc BoP problem unlikely: Jalan `Newsprint cos have no plans to raise capacity' Mineral water plant in AP leaves the locals high and dry? Natural gas at market prices to power, fertiliser cos: Naik Electronics export up 37 pc |
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