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Thursday, June 13, 2002
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INDUSTRY & ECONOMY

ECONOMY


Industrial growth in April rises marginally to 2.9 pc
INDUSTRY has registered a 2.9 per cent growth in April, belying expectations of a nascent recovery on the back of buoyant trends in excise collections and pick up in non-food credit offtake. According to the quick estimates of the Index of ... More

TN industry looks to more from CM
Industry circles point out that decisions on some major proposals have been pending for a long time and the Government should look into these without further delay. More

Panel on States' fiscal health
THE Centre and States have decided to set up a joint committee headed by the Finance Minister, Mr Yashwant Sinha, to review the deteriorating fiscal health of States and to suggest measures to improve their fiscal position. This was decided at ... More

TN's annual Plan at Rs 5,750 cr
"The State Government's proposal to set up a consortium for promoting foreign investment would attract multinational investors." More

ENVIRONMENT


World Bank aid sought for arsenic centre in Kolkata
THE Union Ministry of Rural Development is planning to set up an Arsenic Mitigation Centre in Kolkata soon, according to the Minister, Mr. M. Venkaiah Naidu. "We have already talked to the World Bank seeking their technical collaboration in ... More

HEALTH


  • Naidu stresses on AIDS awareness

    PHARMACEUTICALS


    Three panels mooted for welfare of lab animals
    AGAINST the backdrop of the contentious debate on the status of laboratory animals between the pharma industry, the Union Health Ministry and the Committee for the Purpose of Control and Supervision of Experiments on Animals (CPCSEA), three new ... More

    Monsoon means more money
    KOCHI: Monsoon is the time for rejoicing for pharma companies in Kerala. As the monsoon thunders over the Arabian coast, the resident population gets into a collective wheezing and sneezing frenzy and the outpatient departments of all ... More

    POWER


    Mescom to supply power in 9 districts
    RESPONSIBILITY for the retail supply of power in nine districts of Karnataka will henceforth vest with the Mangalore Electricity Supply Company Ltd (Mescom) following a Government order dated February 15. Mescom will cover the districts of ... More

    Balraj to head power regulatory panel
    THE Tamil Nadu Government on Wednesday appointed the Chairman and a member to the Tamil Nadu Electricity Regulatory Commission, thus paving the way for the commission to become fully functional. The commission has been without a chairman since ... More

    White paper may set off MSEB unbundling
    A WHITE paper on power sector reforms, to be presented in the State Assembly by June-end, could be the beginning of unbundling and eventual privatisation of the Maharashtra State Electricity Board, State Government officials said. A general ... More

  • Kerala Govt plan to prevent electrical mishaps

    TAXATION


    Sinha says surge in tax mop-up signals revival
    THE Government has held out hopes of a turnaround in the economy on the back of a surge in revenue collection, especially indirect tax. The Finance Minister, Mr Yashwant Sinha, said here on Wednesday that he had reasons to believe that there ... More

    Resource mobilisation in AP -- User charges on more services likely
    At a recent review meeting on user charges, it was decided to persuade users to pay up if the quality of services is commensurate with the price and the delivery of the services is cost-efficient. However, these users will not be made to pay for the inefficiency of the public agencies. More

    WATER MANAGEMENT


    Karnataka: Water management forum to be launched
    YET another civic initiative aimed at better and sustainable water resources management will take off in Bangalore next week. The forum, which is yet to be named, will work on the lines of the Bangalore Agenda Task Force and in tune with it. ... More

    EDUCATION


    AP plans more schools to boost primary education
    THE Andhra Pradesh Government is currently concentrating on imparting primary education to children so as to achieve 100 per cent literacy rate and eliminate child labour in the State by 2004, according to the Chief Minister, Mr N. Chandrababu ... More

  • ICFAI to open more branches

    INDUSTRY ASSOCIATIONS


    FICCI hails Indian gesture on Pak
    THE Federation of Indian Chambers of Commerce and Industry (FICCI) is hopeful that second track diplomacy will ensue prosperity for the region. On the ensuing de-escalation and evident reduction of tension at the border area, Dr Amit Mitra, ... More

    MINING & QUARRYING


    Sand mining banned in Ernakulam dist
    THE Ernakulam District Administration has banned sand mining in the entire district with effect from July 1. A decision in this regard was taken at the meeting of a district-level committee. The ban will continue till September 30 and may be ... More

    DISINVESTMENT


    `Privatisation process will be delayed' -- Divestment Ministry opposes BPCL float
    THE Ministry of Disinvestment has opposed the Petroleum Ministry's proposal to permit Bharat Petroleum Corporation Ltd (BPCL) to launch an initial public offering of 50 crore shares aggregating around Rs 1,000 crore. According to MoD ... More

    RURAL DEVELOPMENT


  • Nabard grant for school projects

    EVENTS


    HAL may scout for private partners for major projects
    IN a major shift in strategy, the aerospace major Hindustan Aeronautics Ltd will be looking at the private sector to partner it in executing major projects such as the Sukhoi 30 MkI, the limited series of the light combat aircraft and the ... More

    Food summit resolves to fight hunger
    A TOTAL of 182 countries have committed to reduce the number of hungry people by 2015, according to the final declaration of the World Food Summit. Heads of state and governments approved the declaration on the opening day of the four-day ... More

    INCOME TAX


    Full I-T exemption for privilege, free passes of railway staff
    This means that the railway employees including the officers will not have to pay I-T on the perquisite value of their privilege passes and PTOs. The decision of the Finance Ministry was conveyed by the Finance Minister, Mr Yashwant Sinha, to the Rai lway Minister, Mr Nitish Kumar. More

    EXPORTS & IMPORTS


    Move to involve States in export efforts
    IN a bid to ensure greater involvement of States and Union territories in the country's export effort, the Union Government, in a major initiative, has allocated Rs 330 crore for `assistance to states for the development of infrastructure for ... More

    Provisional clearing of DEPB bills irks exporters in Kolkata
    EXPORTERS of the eastern region, using both the land customs route and air and sea customs, have suddenly hit a road block with the Kolkata customs according provisional clearance for DEPB shipping bills. It is learnt that on the basis of an ... More

    TOURISM


    Sahara optimistic about Bengal tourism project
    Sahara India is developing the world's largest mangrove forest in the Sunderbans and is planning to develop it into a major tourist hub with floating vessels and world-class facilities. More

    Southern States make beeline for travel mart
    Hotels and resorts in the State are offering an estimated 2,000 rooms at discounted rates for the stay of the participants. More

    ECONOMIC OFFENCES


    ECB violations: FERA cases to be dropped
    THE Reserve Bank of India and the Government have decided not to proceed under the erstwhile Foreign Exchange Regulation Act (FERA) against top corporates, who had been served notices earlier for violating the guidelines on external commercial ... More

    Survey soon on corruption in five S. Asian countries
    According to Dr Gopakumar Krishnan, the newly appointed Programme Manager (Asia-Pacific), Transparency International, in about a month's time, it will bring out a document on corruption in five countries in South Asia__Sri Lanka, India, Pakistan, Ba ngladesh and Nepal. More


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  • Top Stories
    `Privatisation process will be delayed' -- Divestment Ministry opposes BPCL float


    SAIL raises Rs 500 cr for funding VRS

    I-T: Of non-filers and under-reporters

    LIC set to venture into Sri Lanka

    Industrial growth in April rises marginally to 2.9 pc

    Survey soon on corruption in five S. Asian countries

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives

    Looking back
    Jun. 2-Jun. 8
    Uncle Sam's report card

    Exports recover, up 18% in April

    Petrol price hike likely on Monday

    100% FDI plan in tea plantation raises queries

    Ambattur estate: Survival of the fittest?

    Rs 9,063-cr shortfall in tax revenue -- Fiscal deficit overshoots target by Rs 4,490 crore

    What to do with your old car? Ask BMW

    Govt hikes petrol, diesel prices; cuts excise duty

    Visa troubles cause worry in travel, tourism industry

    Steps to check money laundering

    Patents Bill needs surgery, say pharma MNCs

    Eco-savvy women's self-help groups

    Not much difference in FDI flows to India, China: IFC

    India, Lanka open Nafta-type trade ties


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