Financial Daily from THE HINDU group of publications
Saturday, June 01, 2002
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Financial Daily from THE HINDU group of publications Saturday, June 01, 2002 |
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INDUSTRY & ECONOMY ECONOMY Ministry for relook at expenditure data THE Finance Ministry has directed the Controller-General of Accounts to take a re-look at the data on expenditure following the latter's projection of a widening fiscal deficit by 0.2 to 0.3 percentage points over the revised estimate of 5.7 per ... More ELECTRONICS 
No givers, no takersA view of the electronics complex at the Guindy Industrial Estate, Chennai. The whole complex appears deserted — an entire block of 40,000 sq ft has been lying vacant for about five years now and the Small Industries Development ... More PSU Why should PSUs hold huge reserves: Shourie THE Disinvestment Minister, Mr Arun Shourie, on Friday expressed his surprise over the huge accumulation of cash reserves in PSUs without having them deployed in profitable ventures in a fast-changing global technology. "The accumulation of ... More PETROLEUM We've enough petro product reserves: Naik IN the backdrop of the threat of a war in the sub-continent, the Petroleum Minister, Mr Ram Naik, on Friday said that there were enough petro product supplies to face any eventuality. Addressing a seminar organised on oil security by the Tata ... More POWER Delhi power distribution privatised THE Delhi Government today signed a memorandum of understanding with BSES Limited and Tata Power Supply Company Limited to privatise power supply in the Capital. Of the three zones, 51 per cent stake in two zones has been given to BSES Limited ... More
MERC orders probe into power crisis
DFID-funded power supply control centre commissioned TAXATION Court quashes CBDT order on tax relief to Mauritius FIIs IN a major setback for the Finance Ministry, the Delhi High Court today quashed the controversial circular issued by the Central Board of Direct Taxes two years ago exempting Mauritius-based Foreign Institutional Investors (FIIs) from paying tax ... More SSI 
Single comprehensive law for SSI sector in offing"At present, there are different provisions under various legislations to govern the SSI sector. The effort would be to bring all these provisions under a single comprehensive legislation,'' Mr S.K. Tuteja, Development Commissioner, SSI, said. More WATER MANAGEMENT AP Minister defends water tariff hike THE Minister for Commercial Taxes, Mr K. Vijayarama Rao, on Friday justified the hike in water supply tariff, sewerage cess and connection charges in the twin cities with effect from June 1 on the ground that it was coming into effect after a gap ... More EDUCATION AP: PG medical admissions with 5-year bond THE Andhra Pradesh Government has decided to raise the number of medical seats in post-graduate courses to 474 and in superspecialities to 41 and the Medical Council of India is assessing the availability of facilities for the same, Dr N. ... More GEMS & JEWELLERY Luxury tax on jewellery awaits TN gazette notification A GAZETTE notification is awaited on the proposed levy of luxury tax on gold, silver, platinum jewellery and precious stones in Tamil Nadu. The Tamil Nadu Legislative Assembly has passed the TN Tax on Luxuries Amendment Act 2002 on May 10. The ... More INDUSTRY ASSOCIATIONS SCIENCE & TECHNOLOGY Green signal for ISRO's plan to create private sector base ISRO's broad policy of creating a private sector industrial base has got the green signal. As a first step of the Industrial Participation Policy, the space organisation has tied up with the CII to unfold the big picture of manufacturing ... More
Moon mission report DISINVESTMENT CCD clears 51 pc sell-off in FACT The Cabinet Committee on Economic Affairs had cleared a financial restructuring proposal in March 2002 involving waiver of Rs 226.88 crore on account of interest on Government loans outstanding up to March 31, 2002. More
Sale of 4 ITDC hotels cleared WTO `WTO no threat to food security' SINCE the implementation of Agreement on Agriculture under WTO, a concern had been raised in India that it would destroy food security. It was feared that integration of Indian agriculture with world markets through elimination of quantitative ... More SOCIAL WELFARE EVENTS EXPORTS & IMPORTS Export trend shows diversification to small nations A worrisome feature is that primary and semi-finished iron and steel products registered the maximum decline (-21 per cent), followed by readymade garments manmade fibres (-18 per cent) and marine products (-11 per cent). More STANDARDS & BENCHMARKS BIS certification soon for sugar industry THE Bureau of Indian Standards (BIS), in association with the South Indian Sugar Mills Association (SISMA), held a seminar here on Friday as a part of an "awareness programme'' aimed at informing the sugar industry about the advantages of having ... More ECONOMIC OFFENCES Unaccounted burden T. C. A. Ramanujam highlights the problems faced by the I-T Department in tracking down black money More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories 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 |
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