Financial Daily from THE HINDU group of publications
Thursday, June 06, 2002
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INDUSTRY & ECONOMY

COURTS/LEGAL ISSUES


More judges, courts `will stave off lawlessness'
THE Minister of State for Personnel, Administrative Reforms and Small-Scale Industries, Ms Vasundhara Raje, has said that the benefits in increasing the number of judges, augmentation of the capacities of courts and use of information technology ... More

ECONOMY


`Low-quality employment is problem not joblessness'
The real nature of unemployment problem in the country is not that people are not employed in some activity but that large number of those classified as employed are engaged in low-quality employment which does not provide adequate income to keep a f amily above the poverty line. More

IBRD aid for Gujarat, Karnataka
THE Government on Tuesday signed two agreements with the World Bank aggregating $542 million for phase two of the Gujarat Emergency Earthquake Reconstruction Programme and for the Karnataka Community Based Tank Management Project. The World ... More

ENVIRONMENT


A new beginning
A chimney that once spewed effluents now sprouts a new look. A plant has taken root atop this abandoned mill chimney... a fitting tribute to the World Environment Day. ... More

Call for preservation of AP mangroves forests
THE importance of mangrove conservation and restoration cannot be overemphasised in view of the role they play in improving the fish catches and maintaining the eco-balance in the coastal regions, Dr T. Ravishankar, the Associate Director, M.S. ... More

FOREIGN TRADE


  • Karnataka to export milk, sugar to Lanka

    PHARMACEUTICALS


    Patents Bill needs surgery, say pharma MNCs
    POST the second amendment in the Patents Bill, multinational pharma companies feel that with the Bill being inconsistent with the TRIPs specifications, a third amendment before January 1, 2005 could well be under way. Mr Ranjit Shahani, ... More

    POWER


    New power tariff policy within 3 months: Prabhu
    A NEW power tariff policy is being put in place within the next three months, the Minister for Power, Mr Suresh Prabhu, announced here today. Speaking to newspersons on the sidelines of a conference on power organised by the Independent Power ... More

    Power tariff hike in Kerala `inevitable'
    The board plans to embark on a series of measures such as cutting down transmission and distribution losses, preventing power theft and raising the overall efficiency of functioning. More

    Doubts over DVC capacity augmentation programme
    The viability of the projects as well as the expertise of the DVC's existing manpower to implement new projects within such a short time span leaves scope for doubt, say sources involved with the projects. More

    NLC exceeds April generation target
    NEYVELI Lignite Corporaton Ltd (NLC) has said it exceeded its power generation targets in April by producing 1,361.07 MU against the target set of 1,288 MU. April power generation is higher than the total power generated in the corresponding ... More

  • KERC directive to KPTCL
  • Kerala: Advisory councils for power complaints

    TAXATION


    AIMO opposes Haryana levy
    THE Regional Board of All India Manufacturers' Organisation (AIMO) has opposed the levy of the Local Area Development Tax (LADT) being imposed by the Haryana Government. In a statement issued here, the Executive Secretary of the AIMO Regional ... More

    TEXTILES


    `Textile sector showing signs of recovery'
    AFTER years the apex spinners body, the Southern India Mills Association (SIMA), has given a positive picture about the textile industry. The SIMA has come out officially to say that the market sentiment in recent months has improved for cotton ... More

    WATER MANAGEMENT


    World Bank aid for Karnataka rural water management project
    THE World Bank will extend an assistance of $98.9 million interest-free credit for the Karnataka Community-Based Tank Management Project. The loan will be utilised to support a community-based approach to managing water resources in rural ... More

    RADIO/TV


    Proposal for DD Metro to become satellite channel
    PRASAR Bharati seems to be in revamp mode yet again. The national broadcaster is contemplating converting its entertainment channel - DD Metro, which is a terrestrial channel - into a satellite channel and bring the infotainment channel, DD ... More

    ALUMINIUM


    Aluminium sector sets ingot output target at 7.2 l.t.
    THE aluminium industry has set a production target of about 7.2 lakh tonnes of ingot for fiscal 2002-03 as against a combined production of about 6.37 lakh tonnes recorded in 2001-02. The quantum jump in production is expected to be achieved ... More

    PAPER, BOARD & NEWSPRINT


    Notebook makers run for cover
    THE increased exports by mills, a mismatch in gauging market trends and changes in local tax regimes have hit notebook manufacturers in Tamil Nadu. Earlier in the year, the notebook manufacturers were talking about an easy season with abundant ... More

    KNITWEAR & HOSIERY


    Tirupur exporters seek board to boost textiles
    THE Tirupur Exporters Association (TEA) has called upon the Tamil Nadu Government to set up a high-level `textile development board' to nurture the State's textile economy which occupies a pivotal position by accounting for one-third of the ... More

    SCIENCE & TECHNOLOGY


    ISRO expanding facilities
    In Bangalore, the ISRO Satellite Centre is expanding into a new 110-acre Assembly Integration & Testing Centre, which can handle 4-6 satellites at a time. Work on the nearly Rs 100-crore centre has been contracted out and the AIT is expected to be co mpleted in two years More

    ISRO scouts for hardware vendors
    THE national space agency ISRO has said it is scouting for long-term and comprehensive domestic vendors of its hardware needs. It is doubling its investment in the industry for the Tenth Plan (2002-07) to around Rs 6,000 crore. In tune with a ... More

    GSLV Mark 3 gets approval
    GSLV Mark 3, tipped to be ISRO's future satellite launching workhorse, has been approved. The Rs 2,500-crore launch vehicle project will be capable of lifting 4-tonne class satellites into space. It will bring Indian launch capabilities on a ... More

    DISINVESTMENT


    Nalco: ABN-Amro Rothschild to be advisor, book runner
    ABN-Amro Rothschild has been appointed advisor, joint global co-ordinator and joint bookrunner for the privatisation of state-owned National Aluminium Company Ltd (Nalco). The government is selling 59.15 per cent of its equity stake in the ... More

    RURAL DEVELOPMENT


    Eco-savvy women's self-help groups
    THE waste from banana plantations in Dindigul district has a new use. They are being pulped into making hand-made paper. The enterprise, however, is not being run by an urban businessman, but by a group of rural womenlandless agricultural ... More

    EVENTS


    Fair by disabled at Chennai
    AN exhibition of products made by handicapped persons is to be held here on Saturday. On display would be products such as paintings, toys, jewel boxes, candles, paper bags, dolls, herbal products and flower vases. The exhibition is being ... More

  • Interaction with BSNL official
  • Hyderabad Engagements

    INCOME TAX


    Some tax payers allowed to use old Saral form
    THE Government today notified simplified income-tax filing procedures by giving the option to individual tax payers with income up to Rs 2 lakhs to file returns in the old Saral form (Form 2 D). Non-corporate tax payers with total income of ... More

    TOURISM


    Kerala: No fall in tourist arrivals
    DESPITE the tensions on the Indo-Pak border and warnings from some embassies, tourist arrivals into Kerala continue unabated. ``We have had a very good summer tourist season, much better than those of the last two years,'' Mr George Dominic, ... More

    ECONOMIC OFFENCES


    Steps to check money laundering
    AN expert group of the Reserve Bank of India has recommended that banks create `customer profiles' on individual customers and also review the non-resident deposit schemes as a measure to check money laundering. The review of NRI deposit ... More

    Market integrity: RBI expert group submits report
    THE internal technical group on market integrity constituted by the Reserve Bank of India has submitted a report to the chairman of the standing committee on international financial standards and codes on May 30. The report provides an ... More


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  • Top Stories
    Eco-savvy women's self-help groups


    Margin money for soya oil trading may be hiked

    Patents Bill needs surgery, say pharma MNCs

    ORG pegs BPL on top; LG differs

    Steps to check money laundering

    Chennai Container Terminal issue -- Ministry stays clear of P&O-TAMP face-off

    `Dramatic turnaround' for Tata Engg in Q4

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives

    Looking back
    May. 26-Jun. 1
    Sharp rise in domestic prices -- Tyre makers seen importing rubber

    Fiscal deficit set to end closer to 6 pc -- Rs 10,000-cr revenue shortfall seen

    Yet another normal monsoon forecast

    Confidence in strong global recovery waning, says BIS

    Balmer Lawrie sell-off in two phases finalised

    Export trend shows diversification to small nations


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