Financial Daily from THE HINDU group of publications
Wednesday, May 01, 2002
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Financial Daily from THE HINDU group of publications Wednesday, May 01, 2002 |
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INDUSTRY & ECONOMY ECONOMY You bet, forex is the bigger asset! IT is common knowledge now that the country's foreign exchange reserves have increased spectacularly over the past decade — from $5.83 billion in 1990-91 to $21.69 billion in 1995-96 and $54.11 billion in 2001-02. What is less known, ... More
Industrial investment in AP up 12-fold in 2 years
US growth figures fail to enthuse
OECD Ministers to meet in Paris to review outlook ENVIRONMENT Karnataka: Helpline for civic grievances BANGALORE: Bangaloreans can dial 98450-24365 for all their civic grievances all 24 hours. The Bangalore Mahanagara Palike, Bangalore Agenda Task Force and Bharti Mobile are coordinating the new call centre- Swachcha Bangalore ... More
INFRASTRUCTURE 
Kochi SEZ gets ready for a bigger roleGIVEN its strategic location, the Kochi Special Economic Zone is being developed into a `Hub for South Asia', for which a master plan is under finalisation. As part of this programme, the Union Government has sanctioned Rs 33 crore for ... More PSU Investments in 93 PSUs fully eroded by losses: CAG EVEN as the process of disinvestment of equities of the public sector undertakings (PSUs) remains a long drawn out exercise, the equity investment in 93 Government companies out of 263 has been "completely eroded by their accumulated ... More PETROLEUM Oil cos may go in for staggered price hike WITH global crude prices ruling firm in the $24-25 per barrel band and the Finance Ministry unwilling to reduce excise duties, public sector oil marketing companies are likely to effect a staggered increase in consumer prices of diesel and petrol ... More
ONGC gas find in Daman TAXATION Scrap entry tax on inputs: TN traders `Trade and industry welcomed the levy of entry tax on finished goods but opposed it for industrial inputs. The levy of entry tax would lead to a hike in cost of inputs, forcing a number of units to stop production. The confusion among dealers as to w ho should pay entry tax on transit sales should be removed through proper clarification. More SSI SSIs urged to tie up with defence labs THE Tamil Nadu Governor, Mr P. S. Ramamohan Rao, has allayed fears that the opening up of the Indian economy would spell doom for domestic industries. He also advised the small-scale sector to enter into tie-ups with the defence research labs ... More WATER MANAGEMENT World Bank aid for Karnataka rural water project About 1.5 million rural households will benefit from improved tank management supported by this $98.9 million project. More
BWSSB to commission water treatment plant CREDIT POLICY INDUSTRY ASSOCIATIONS DISINVESTMENT SCI to have 16-member board after privatisation SHIPPING Corporation of India (SCI) will have a 16-member board after privatisation. The draft transaction documents circulated to the short-listed bidders have proposed that the successful strategic partner will have the right to nominate 14 ... More RURAL DEVELOPMENT AP: `Rs 17,000-cr worth works done under Janmabhoomi plan' THE Andhra Pradesh Government, which has so far completed 16 rounds under the Janma bhoomi programme — a people-centric participatory initiative — has defended the scheme and said works worth Rs 17,000 crore have been undertaken under ... More INTERVIEW 
New CII chief seeks stress on manufacturing sectorTHE newly appointed President of the Confederation of Indian Industry (CII), Mr Ashok Soota, has underscored the need for a national strategy to reverse the sagging growth levels in the country's manufacturing sector. "India has no other ... More EVENTS `Cautious approach to reforms needed' MOST European Union nations recognise India's potential as an investment destination in the long-term, according to EU participants at a three-day international conference on "Good governance in democratic societies in cross-cultural ... More
`Exim policy a boon for industrial cluster towns'
EXPORTS & IMPORTS Exim Bank to extend credit to all commodities THE Reserve Bank of India has permitted Exim Bank of India to provide lines of credit (LOC) for financing export of all commodities that fall under the Exim Policy. Mr R.M.V. Raman, Executive Director, Exim Bank said on Tuesday, "We now have a ... More
Kerala: Panel set up to boost exports TOURISM 
2 bids for green resorts in AndamansTWO private sector companies have submitted bids for developing eco-friendly tourist resorts in one of the islands in the Andamans, while there has not been any response to the bids called by the island administration for similar projects in two ... More
Gujarat violence hits hotel occupancy 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. 21-Apr. 27 Patkar to support KGF, Kudremukh causes SCI buyer allowed up to 25% tonnage stripping Power funds for States to be linked to performance `Speculative' deals to be redefined Dabhol: GE won't budge on surety New routes for tax evasion -- Debt tools misuse under scrutiny India tops list in launching anti-dumping probes Core sector growth rate down to 3 pc in 2001-02 Electronics, petro product exports buck negative trend `States have to chip in on mineral exports' Sinha treads `middle' path softly Rollback leads to rise in tax saving scheme yields Revenue Dept puts together comprehensive relief package -- Section 80 L benefits restored |
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