Financial Daily from THE HINDU group of publications
Saturday, April 27, 2002
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Financial Daily from THE HINDU group of publications Saturday, April 27, 2002 |
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INDUSTRY & ECONOMY BUDGET Sinha treads `middle' path softly POLITICAL pressures from within the ruling coalition and fear of alienating its traditional middle-class support base has forced the Finance Minister, Mr Yashwant Sinha, to substantially dilute his Budget proposals regarding pruning of tax ... More
Revenue Dept puts together comprehensive relief package -- Section 80 L benefits restored
Rollback leads to rise in tax saving scheme yields
Removal of phones from 1/6 criteria to reverse surrenders
Duty on butter, oil hiked to 40 pc
Sops for charitable bodies restored
Life insurance cos fear further complications
Stock markets unimpressed with rollback
Music cos tango with Finance Minister
Only limited relaxations, says Revenue Secy
Goodies for SEZs ECONOMY Mild recovery visible, says ESCAP survey In its 2002 Economic & Social Survey of Asia and the Pacific, released by the Director of the Research and Information System (RIS) of the Non-Aligned & Other Developing Countries, Dr V.R. Panchamukhi, the UN body, said during early March 2002, signs of a global and region upturn remained "mixed", though evidence of a mild recovery was becoming more discernible. More FOREIGN TRADE 
`Bright scope for expansion of Japan trade ties'Mr Hirabayashi said opportunities abound for both countries to cooperate in a wide-range of fields especially in the area of information, communication and technology (ICT) segment. More
Sri Lanka invites Indian investments INFRASTRUCTURE Blueprint ready for export-oriented park near CIAL HUDCO is preparing a masterplan for the development of 400 acres of vacant land adjacent to the Cochin International Airport Ltd (CIAL) at nearby Nedumbassery for export-oriented industrial purposes. A blueprint has been prepared by Hudco and ... More
PSU PSUs' salary arrears at Rs 394 crore THE Lok Sabha was informed today that in respect of 187 public sector units (PSUs), the outstanding salaries and wages as on end-December 2001 in respect of 38 PSUs amounted to Rs 394.30 crore. This was stated by the Union Minister of Heavy ... More PETROLEUM Oil PSUs seek free hand in picking dealers THE oil marketing public sector undertakings have represented to the Government for removal of restrictions on appointment of dealers by them to enable a level playing field vis-a-vis the private sector in the deregulated petroleum sector, ... More POWER Coimbatore units decry erratic power supply THE frequent, unannounced power cuts in the Coimbatore region in the past few days has upset the operations of industries in the region. Not only is the stoppages in power supply for long periods, they occur several times a day putting the ... More
TAXATION Mr Sinha can't please them all NONE can envy the Finance Minister, Mr Yashwant Sinha. He had to ultimately clean up, at least partially, the mess in Parliament, often seen as the Augean Stables. Mr Modi was the bad boy, and but for him Sinha could have sat pretty on his ... More INDUSTRY ASSOCIATIONS India Inc hails rollback INDIA Inc has welcomed the amendments with regard to direct and indirect taxes in the Finance Bill, 2002 moved by the Finance Minister, Mr Yashwant Sinha, on Friday. "The increase in limit under Section 88 for tax rebate from 10 per cent to 15 ... More MINING & QUARRYING Mining, Geology Ministers meet on April 30 THE Minister for Coal and Mines, Mr Ram Vilas Paswan, has convened a conference of the State Ministers of mining and geology on May 1 to discuss and adopt recommendations of Mineral Advisory Council. The Mineral Advisory Council is the apex ... More GENDER 
`Exploit women's inborn talents'THE new-age woman realises that whatever be her commitment to her workplace, there's no better satisfaction than spending time discovering her self-worth, Ms Shobha De, author and columnist, has said. Speaking at the Asia-Pacific Convention of ... More ECONOMICS 
Economics must dictate decision making: JaitleyTHE Union Minister for Law, Justice and Company Affairs, Mr Arun Jaitley, has stressed the need for change in the current system where politics dictates economic policies. He said that it was time that economics dictated the decision-making ... More FOREIGN DIRECT INVESTMENT FDI in print media -- Dissenting notes in panel report: Sushma THE Government will examine the report of the standing committee of Parliament on permitting foreign direct investment (FDI) in the print media before firming up a policy, the Information and Broadcasting Minister, Ms Sushma Swaraj, ... More HUMAN RESOURCES Destination Canada DO you want to legally immigrate to Canada? If so, the best route to take is to consult the Worldwide Immigration Consultancy Services Ltd (WWICS), an ISO 9001 company. Making this claim, the company's key executives said the demand in that ... More INTERVIEW 
`States have to chip in on mineral exports'DESPITE liberalisation, much remains to be done to promote mineral exports on a sustainable basis. While the Centre has tried to do its bit, the States show no sign of taking appropriate steps that will aid mine owners' efforts to boost exports. ... More EVENTS 
SEBI mulls setting up central listing authorityA `CENTRAL listing authority' (CLA) to formulate common guidelines for listing of securities in the stock exchanges of the country is on cards. The CLA will not be a regulatory body and may work under the supervision of the Securities and ... More
TOURISM Kerala Tourism revamps Web site, offers new options KERALA Tourism has revamped and upgraded its official Web site, www.keralatourism.org, which will now feature dynamic pages enabling commercial transactions such as booking and reservations in hotels ... More STANDARDS & BENCHMARKS Codissia gets ISO 9001 award THE Coimbatore District Small Industries' Association (Codissia), one of the largest representative bodies of small and medium enterprises (SMEs) in the country, has been awarded the ISO 9001 quality certification. It is the first SSI ... More ECONOMIC OFFENCES 
Narcotics bureau makes Rs 68-cr heroin haulTHE Narcotics Control Bureau, South Zonal Unit, has busted an attempt to smuggle Rs 68 crore worth of heroin on Thursday, according to an official press release. According to the release, the officials acted on a tip-off that a Sri Lankan ... 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 Apr. 14-Apr. 20 `Falling rate benefits have not reached corporates' BJP wants I-T rebate, other sops restored -- Wait for Parliament discussion: Sinha Broad Sheet on Bangalore Bio - 2002: Going the BT way Pre-condition for premium hike in future -- Truckers want third party liability capped Oil marketing cos to have pricing freedom Turbo-charged mobikes save auto sector blushes in 2001 -- Q4 sales surge rescues cars SCI asked to put investment decisions on back-burner Oil cos slash product prices Sinha all set to restore I-T rebate Cars give a lift to auto exports PMO to decide on dividend tax issue Cabinet okays Bill for petroleum regulator Dyers' failure to meet norms -- Pollution notices to Tirupur units `I-T relief for poll funds a mockery of justice' Auto cos get FIPB green signal for new models |
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