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Wednesday, April 24, 2002
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INDUSTRY & ECONOMY

ANTI-DUMPING


India tops list in launching anti-dumping probes
In the period July 1 to December 31, 2001, 19 members initiated 186 anti-dumping investigations against exports from a total of 55 different countries or customs territories. India initiated 51 dumping probes during the second semester of 2001 (July to December). More

BUDGET


Sinha to meet PM today on Budget proposals
JUST two days before the Finance Ministry tables the official amendments to the Finance Bill 2002, the BJP members of Parliament today stepped up pressure on the Finance Minister Mr Yashwant Sinha to roll back what they termed as ... More

CEMENT


TN: Differential tax to hit some cement makers harder
With the new sales tax structure in place, the price of a bag of Portland Pozzolona cement will be higher by Rs 10-12 when compared to a bag of ordinary Portland cement, according to industry sources. More

ECONOMY


First human development report gives credit to reforms
INDIA'S maiden human development report has claimed "substantial improvement" in the country's overall human development index (HDI) in the post-reform period of the mid-1990s till 2001. The report has crafted "development radars" giving a ... More

  • Karnataka: World Bank to undertake study

    ENVIRONMENT


    Kerala: Forest encroachment on the rise
    ENCROACHMENT of tropical rain forests in the State has become rampant, allegedly with the backing of those wielding power, with complete disregard for the environmental importance of these forests. The latest such incident which has come to the ... More

    AP Paper Mill draws flak on pollution
    Some of the Telugu Desam leaders, including the party floor leader in the corporation, Mr V. Sreenivasa Rao, also criticised the mill for not taking proper steps for pollution control. More

    TNPCB okays proposals for waste management in 8 towns
    THE Tamil Nadu Pollution Control Board has approved the proposal for formulation of solid waste management in eight towns, including hill resorts, with the assistance of the Tamil Nadu Urban Development Finance Corporation, according to its ... More

    TNPCB: An annual report with a difference
    CHENNAI: IN line with its mandate for pollution control, the Tamil Nadu Pollution Control Board, got its annual report "made entirely from recycled paper.'' In a novel design and layout by a private company, the board has highlighted on the ... More

    POWER


    Reforms short of expectations, says Study
    HYDERABAD: The result of a decade of power reforms in the country have fallen well below expectations and the Central Government now seems to be short of solutions, according to International Energy Agency's (IEA) report on "Electricity in ... More

    APGenco chief allays fears on Srisailam project
    THE first underground hydro power project in South India, Srisailam Left Bank Power House (SLBPH), is a unique structure located 250 metres below the ground level and 50 metres below the bed of Krishna river. The construction of the power ... More

    `Purchase preference for PSUs will hit FDI in power sector'
    GERMANY'S Ambassador to India, Mr Heimo Richter, on Tuesday flayed the Government's decision to continue with purchase preference scheme for public sector undertakings (PSUs). Addressing an India Energy meet in the Capital, Mr Richter held that ... More

  • Karnataka: Govt dept arrears irk KERC

    TEXTILES


    TN hanky makers seek ST rollback
    HANDKERCHIEF producers in Tamil Nadu have expressed fears that the levy of sales tax on handkerchiefs would push up costs, which could lead to the State losing its marketshare to two other States with a major share in the business. Already, ... More

    MEDICAL INSTITUTIONS & HOSPITALS


  • Karnataka: Move on hospital privatisation

    LEATHER


    Leather sector pitches for Rs 800-cr Plan support
    MODERNISATION and development of tanneries and setting up design studios for leather goods are among the thrust sectors that are likely to get the maximum allocation from the Centre in the Tenth Plan period. The leather sector, which is hopeful ... More

    INDUSTRY ASSOCIATIONS


    Plea to speed up WTO decision of farm exports
    THE Federation of Indian Chambers of Commerce & Industry (FICCI) has expressed disappointment over the delay in the implementation of the decision reached under the WTO Agreement on Agriculture (AoA) to develop internationally agreed discipline ... More

    IEEMA delegation visits Iraq, Syria
    A DELEGATION of the Indian Electrical and Electronics Manufacturers' Association (IEEMA) has visited Iraq and Syria to explore business opportunities. With an objective of creating greater acceptability for Indian products, the delegation met ... More

    Assocham for lower tax rate on dividends
    THE Associated Chambers of Commerce and Industry (Assocham) has suggested the Budget proposal on taxation of dividends at the hands of the recipients should be retained even as it held that a concessional rate of tax may be prescribed in the ... More

    DISINVESTMENT


    Panel moots broad guidelines for PSU bidders
    THE Parliamentary Standing Committee on Finance has recommended widening the scope of guidelines for the entry of bidders seeking to acquire public sector undertakings. In its 13th report to the Ministry of Disinvestment, the committee has ... More

    EXPORTS & IMPORTS


    EPCG scheme operationalised
    THE Finance Ministry has operationalised the Export Promotion Capital Goods (EPCG) scheme that had been announced as part of the Export-Import Policy for 2002-07. The EPCG scheme allows import of new capital goods including those in completely ... More

    ECONOMIC OFFENCES


    Intelligence cell to tackle economic offences soon
    THE Government will shortly set up a financial intelligence unit (FIU) to tackle economic offences including financing of terrorist activities based the recommendations made by the Group of Ministers. "We are in the process of working out the ... More

    New routes for tax evasion -- Debt tools misuse under scrutiny
    THE Finance Ministry is looking into the misuse of debt instruments such as deep discount bonds (DDB) and secured premium notes (SPN), which are emerging as new routes for tax evasion. The Revenue Department has cited the case of a leading ... More


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  • Top Stories
    Wearing health on your sleeve


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