Financial Daily from THE HINDU group of publications
Wednesday, April 10, 2002
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Financial Daily from THE HINDU group of publications Wednesday, April 10, 2002 |
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INDUSTRY & ECONOMY ANTI-DUMPING Dumping duty on battery imports NEW DELHI: The designated authority in the Ministry of Commerce and Industry has recommended the imposition of provisional anti-dumping duty on imports of lead acid batteries from Taiwan, Singapore and Hong Kong. Industry sources said ... More CEMENT TN blames `cement cartel' for price rise THE Tamil Nadu Finance Minister, Mr C. Ponnaiyan, today charged that a major cement company based in the State had formed a cartel and with backing from a senior Union Minister, had hiked cement prices and indulged in profiteering. (Mr Ponnaiyan ... More
AP cement units decry new levies on captive power ECONOMY India to return to higher GDP growth soon: ADB THE Asian Development Bank (ADB) has forecast a turnaround in India's economic growth in the current fiscal and in the next with gross domestic product reverting to 6.5 per cent mould noticeable in the post-reform phase. Releasing the annual ... More
Karnataka's fiscal correction proposal in jeopardy
US economy: Jobless, profitless growth?
Asian growth to pick up pace: ADB
DMK derailing reforms: Ponnaiyan
Jharkhand CM seeks more loans ELECTRONICS Electronics body plea to TN Govt on tax proposals THE Tamil Nadu Government should distinguish electronic components from electric components and restore tax on electronic components and accessories to four per cent, tax finished goods at four per cent, do away with the proposed resale tax of ... More FOREIGN TRADE France lists areas to expand ties DEVELOPMENTS in three growth areas — infrastructure, agriculture and hi-tech industries — will set the pace for future co-operation between India and France. There was enough scope for joint ventures and other forms of business ... More PSU Experts call for overhaul of Kerala public sector units EXPERTS have come out strongly against the recommendations of a committee constituted by the Kerala Government, suggesting restructuring and privatisation of State public sector units. The major factors which had driven the public sector units ... More PETROLEUM No petro price hike for now: Minister THE Petroleum and Natural Gas Minister, Mr Ram Naik, on Tuesday ruled out any rise in the prices of petroleum products for now despite the spiralling prices of crude oil in the international market. Mr Naik said the state-owned petroleum ... More
PHARMACEUTICALS Latam team keen on pharma tie-ups INDIAN pharma companies can give the dragon a run for its money in the $-31 billion Latin American pharma market, where most of the States currently outsource their requirement largely from China. And with the price of medicines in the Latam ... More POWER 10 bidders in fray for LNG supply to NTPC plants TEN bidders including Shell, Reliance, BG and Indian Oil Corporation have submitted Expression of Interests (EoI) for supply of five million tonnes of liquefied natural gas to National Thermal Power Corporation's proposed generation ... More
Lenders asking MSEB to buy from Dabhol phase I
TAXATION Caution to Govt on dividend tax THE Government may be forced to review its proposed move to tax dividends at the hands of shareholders, following a note of caution from apex professional bodies such as the Institute of Chartered Accountants of India (ICAI) on the revenue ... More WATER MANAGEMENT Rs 40-crore drinking water scheme for Guntur launched THERE is a need for amending the Constitution to empower panchayats and clearly define their role in order to make them more effective, the Union Minister for Rural Development, Mr M. Venkaiah Naidu, has said. He expressed the view here on ... More
COAL 18-30 pc hike in coal royalty rates likely ROYALTY rates on coal are set to increase following a recommendation by an internal committee to effect hikes ranging from 18 to 30 per cent on the existing royalty rates. The royalty is paid by the coal producing companies to the respective ... More RADIO/TV No hike in fee for DD serials after 26 episodes THE Prasar Bharati board has decided to remove the hike in telecast fee on serials getting an extension beyond the minimum 26 episodes on DD National. It has also decided that there would be a cap of 52 episodes for weekly serials and 39 weeks ... More DISINVESTMENT Rs 600-cr excise claim on IPCL goes THE Excise Department has withdrawn a Rs 600-crore excise claim on privatisation-bound Indian Petrochemicals Corporation Ltd (IPCL), giving a bonanza to the bidders keen on acquiring a 26 per cent controlling stake in the petrochemicals ... More
WTO Bid for transparency in conduct of WTO meet "At least three of the four Ministerial Conferences held so far adopted different procedures. It was, therefore, felt that some kind of streamlining or transparency be brought about into the conduct of such Ministerial Conferences." More RURAL DEVELOPMENT All-party meet soon for further reforms in panchayats THE Centre is planning to convene an all-party meet soon to discuss amendments to the Constitution, which will facilitate mandatory devolution of functions, funds and functionaries to the Panchayati Raj Institutions (PRIs). Stating this, the ... More
HUMAN RESOURCES NIMC students land cosy jobs EVEN as the fourth batch of MBA and the first batch of MCA students at the National Institute of Management Calcutta (NIMC) are set to receive their degrees tomorrow, several corporate majors have roped in a majority of the students to work in ... More EVENTS Over 70 cos to take part in BangaloreBio meet -- Land acquisition for Hebbal biotech park under way THE Karnataka Government is in the process of acquiring 50 acres of land for the proposed biotechnology park at Hebbal near here. All documentation for this will be completed in three weeks. Stating this here on Monday, Mr Vivek Kulkarni, ... More
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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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