Financial Daily from THE HINDU group of publications
Thursday, May 30, 2002
Markets (May 29)
BL 2501099.12 (+8.37)
BSE Sensex3160.24 (+13.41)
S&P CNX Nifty1041.65 (+3.45)
Dollar (Buy/Sell)48.94/49.07
Gold Std (10 gm)5400 (+70)

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

INDUSTRY & ECONOMY

ECONOMY


War expenses factored in Budget: Sinha
THE Finance Minister, Mr Yashwant Sinha, today admitted to some pressure on the expenditure front due to the troop mobilisation on the Indo-Pak border, but maintained that this was factored in the budget estimates. "We have had the threat of a ... More

Come, tap Chhattisgarh: Jogi
"THE richest piece of land inherited by the poorest of the people." This is the paradox that is Chhattisgarh, according to the State's first Chief Minister, Mr Ajit Jogi. "The challenge before the Government is to remove this paradox," he told a ... More

Bengal Plan size at Rs 6,307 cr
THE annual plan of West Bengal for the current fiscal has been pegged at Rs 6,307 crore at a meeting between the Deputy Chairman, Planning Commission, Mr K.C. Pant, and the State Planning Minister, Dr Nirupam Sen, here. The Tenth Plan outlay for ... More

Monsoon sets in ahead of schedule
THE South-West monsoon has been formally declared set in over southern Kerala with heavy to very heavy rainfall having been recorded in almost all southern districts in the State. Speaking to Business Line, the Director of the local Met Office, ... More

ENVIRONMENT


TNPCB show-cause to Hyundai Motor
THE Tamil Nadu Pollution Control Board (TNPCB) has issued a show cause notice to Hyundai Motor (India) Ltd for alleged environment violations at its car plant at Sriperumbudur, near Chennai. According to informed sources, the notice, issued on ... More

  • Kerala: Last date for PCB award extended

    FOREIGN TRADE


    CII for working group to boost trade with China
    THE Confederation of Indian Industry (CII) has suggested the constitution of a working group to identify hurdles and barriers and suggest remedies for India and China to accelerate bilateral trade and investment. "Though bilateral trade, which ... More

    PETROLEUM


    Roadshows in Singapore to boost oil exploration
    INDIA has held roadshows in Singapore to attract crude oil explorers into the country under the third round of the New Exploration and Licensing Policy (NELP), a Government statement said here. In the third round, 27 blocks are in offer. The ... More

    POWER


    Bengal to renovate old power units
    THE State-run West Bengal Power Development Corporation Ltd (WBPDCL) is planning to undertake a Rs 664-crore programme for renovation and modernisation (R&M) of its generation system. WBPDCL, which inherited all the thermal units of the West ... More

    Crisis affects Pune industries
    THE power crisis due to tripping of the Kalwa-Lonikad line has hit the industrial sector in and around Pune in a big way. The `tripped' line is expected to be set right by tomorrow, for which the Maharashtra State Electricity Board (MSEB) has ... More

  • `Treat KSEB staff equally'

    RUBBER


    `Import curbs crippling rubber goods industry'
    THE ban on natural rubber (NR) imports under advance licence and restricting regular imports through two identified ports (Kolkata and Visakhapatnam) and imposing conditions such as strict conformity to BIS standards may sound the death knell for ... More

    WATER MANAGEMENT


    AP: Water tariff hike in twin cities from June 1
    CITIZENS in the twin cities of Hyderabad and Secunderabad will have to cough up from June 1 nearly double the bill they are now paying for water usage. As per the hike announced by the Hyderabad Metropolitan Water Supply and Sewerage Board ... More

    EDUCATION


  • Karnataka: SSLC and CET results on Bharti Mobile
  • Database to check fake certificates
  • Karnataka: CET results on May 30

    FOODS & FOOD PROCESSING


    Large industries urged to `anchor' food parks
    THE Centre has sought a cumulative investment of around Rs 40,000 crore in the food processing sector to ensure that 10 per cent of the food products produced in the country is processed. At present, barely two per cent of the food products ... More

    INDUSTRY ASSOCIATIONS


    FICCI wants open agenda for virtual board meets
    THE corporate sector is not in favour of any restriction on the subjects to be discussed in board meetings through video conferencing. Responding to the issues raised by the Department of Company Affairs (DCA) which is considering amendments ... More

  • TNCCI plea to expedite upgradation schemes

    DISINVESTMENT


    CCD to discuss FACT, ITDC deals tomorrow
    THE Cabinet Committee on Disinvestment (CCD) is slated to meet on May 31 to discuss proposals for privatisation of the Kerala-based Fertilisers and Chemicals Travancore Ltd (FACT) and finalise the deals for about 4 hotel properties of Indian ... More

  • Core Group meet on NEPA, HOCL today

    FOREIGN DIRECT INVESTMENT


    Cabinet to take up FDI in plantation
    THE Group of Ministers on Foreign Direct Investment (FDI) headed by the Finance Minister, Mr Yashwant Sinha, has recommended permitting 100 per cent foreign direct investment (FDI) in the plantation sector. The Ministry of Commerce and ... More

    HUMAN RESOURCES


    A tale of two labour reports...
    The task force's view that special employment programmes are not effective in giving employment and deserve to be frozen pending review does not find favour with the special group, which underlined the need to launch specific employment generating pr ogrammes in some areas. More

    TRADE & LABOUR UNIONS


  • Kerala: Call to vacate action against official

    EVENTS


  • Kerala: EPF adalat on June 10
  • Hyderabad Engagements

    ENTREPRENEURSHIP


    EDP with a difference in Bengal town
    ENTREPRENEURSHIP development programmes are not what one would readily associate with a small 4.5-sq-km district town like Kalna. Situated some 100-odd km from here, Kalna in Burdwan district is trying in its own way to promote self-employment ... More

    ECONOMIC OFFENCES


    Chambers against extending FEMA clause deadline
    INDIA Inc continues to step up pressure on the Government to desist from extending the two-year time limit prescribed under the Sunset Clause of the Foreign Exchange Management Act even as the Finance Ministry held that there was no move to ... More

    Ministry plans search and seize steps for tax evaders
    THE Finance Ministry has decided to proceed with a slew of tough measures including stepping up searches, scrutiny and seizures as well as tracking ownership of bank lockers to shore up tax revenues. At the XVIII All-India Conference of Chief ... More


    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Top Stories
    BPL, Onida top slots in CTV market -- LG, Philips are fastest-growing brands : ORG-MARG


    $5-billion dream is realisable: Premji

    `Strategic partner free to use reserves of divested PSUs'

    Foreign shareholding in India Inc ebbs

    Prepaying external debt: Quite necessary

    Why India lags in wealth generation

    Water privatisation -- Torrent of trouble

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives

    Looking back
    May. 19-May. 25
    Reliance bags IPCL for Rs 1,491 cr -- Quotes Rs 231 per share for 26 pc stake

    Salaried employees can perk up: Easier norms likely for cars, cards, club expenses

    A costly miss for Indian Oil?

    Beware of pollution from hi-tech gadgets

    Steady growth in consumer durables output: Survey

    Grid failure hits western Maharashtra

    Go online via power point, cable in waste water systems

    Colour TV sales witness healthy growth rate


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

    Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line