Financial Daily from THE HINDU group of publications
Saturday, June 29, 2002
Markets (June 28)
BL 2501130.88 (+9.18)
BSE Sensex3244.70 (+27.55)
S&P CNX Nifty1057.80 (+9.25)
Dollar (Buy/Sell)48.83/48.96
Gold Std (10 gm)5300

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

INDUSTRY & ECONOMY

ECONOMY


GDP growth for 2001-02 estimated at 5.4 pc
THE Government has estimated the country's gross domestic product (GDP) to have grown by 5.4 per cent during 2001-02, as against 4 per cent in the previous fiscal. According to the `revised estimates' of national income, released by the Central ... More

Kerala: `Blade' economy gets blunted
THE informal `blade' economy of Kerala, which operates on the grey fringes between legality and illegality, has crashed. ``The bread and butter of the `blade' economy had traditionally been the high-risk-high-return trade sector, which is ... More

ENVIRONMENT


No mercury pollution at Kodai plant: HLL
THE independent assessment commissioned by Hindustan Lever Ltd (HLL) on the mercury pollution controversy in Kodaikanal has stated that there has been no impact on the ecology of the lake from the operations of its thermometer plant. According ... More

HEALTH


  • Meet to prevent plague

    INFRASTRUCTURE


    TN Govt, IDFC ink pact for core sector projects
    THE Tamil Nadu Government and the Infrastructure Development Finance Co Ltd (IDFC) on Friday signed an MoU to "impart momentum to the development of infrastructure in the State and the process of reforms". The MoU could lead to the formation of ... More

    PHARMACEUTICALS


    Animal tests turning trial of strength
    SEVERAL twists have been added to the contentious tale on animal testing, following the recent meeting convened by none other than the Prime Minister, Mr Atal Bihari Vajpayee, to smoothen ruffled feathers on the issue. Even as the fate of ... More

    TAXATION


    Corporate tax collections double
    WITH India Inc making higher payouts in the first instalment of advance tax, the Centre's net corporate tax collections nearly doubled to touch Rs 3,990 crore up to June 25 this year as compared to Rs 2,085 crore in the same period last year. ... More

    Mass transfers demoralise taxmen
    WITH the mass transfer of 77 Commissioners of Income-Tax (CIT) ordered late on Tuesday last and almost an equal number set to be dislocated within the next few days, taxmen throughout the country are a demoralised lot today. Almost like a ... More

    Karnataka: Doubts remain over new property tax
    OWNERS of vacant non-agricultural land in Mangalore are still in a quandary as to whether they too will be dragged into the tax net from July 1. The self-assessment scheme for property tax is expected to be implemented all over Karnataka from ... More

    TEXTILES


    Textile upgradation scheme norms relaxed further
    TO step up momentum in the operation of the technology upgradation fund scheme (TUFS) for the textile sector, the technical advisory-cum-monitoring committee (TAMC) has further relaxed the financial norms stipulated for TUFS proposals awaiting ... More

    EXIM POLICY


    Karnataka to have separate Exim Policy
    As part of its thrust on export promotion, Karnataka will shortly have its own Exim Policy and other related measures, the Large & Medium Industries Minister, Mr R.V. Deshpande, has said. "The industrial policy identifies exporting units as key ... More

    EDUCATION


  • PG course for techies at IIM-B

    REAL ESTATE & CONSTRUCTION


    Realty MNCs see good ground to be buoyant
    Speaking to Business Line on phone from Chicago, Mr Michael Silver, CEO of Equis, said that the company was planning to be the "real estate department in India'' of global businesses looking at outsourcing their operations here. "The sheer siz e of the Indian market makes it attractive to us,'' he said. More

    LEATHER


    CLE strives to understand Japanese consumer better
    FACED with bright prospects for enhancing the market share of Indian leather and leather products in Japan, the Council for Leather Exports (CLE) has decided to appoint a consultant in Japan to undertake a study on the Japanese consumer ... More

    ALUMINIUM


    Aluminium majors to expand capacity
    DESPITE the global slowdown, the domestic aluminium sector is poised to add impressive capacities, with a target of reaching a million tonnes by year 2004, according to Dr S.K. Tamotia, CEO of Indian Aluminium Company. Currently, the total ... More

    INDUSTRY ASSOCIATIONS


    Karnataka: Industry seeks rollback of power tariff hike
    AN industry delegation led by the Chairman of the Confederation of Indian Industry (CII) Karnataka, Mr M. Lakshminarayan, met the Chief Minister, Mr S.M. Krishna, here on Friday and urged him to roll back the power tariff hike. The joint ... More

  • New GMCI President

    SCIENCE & TECHNOLOGY


  • Correction

    DISINVESTMENT


    Push to Nepa divestment
    The Nepanagar plant is currently operating at a substantial loss even after closing down its pulp mill. The plant is producing 100 tonnes of newsprint per day utilising wastepaper. More

    HC extends interim order in Jessop case
    MR Justice Kalyan Jyoti Sengupta of the Calcutta High Court has extended the interim order till July 31 in the Jessop & Co Ltd (JCL) disinvestment case. Earlier, on March 7, the court directed the Board for Industrial and Financial ... More

    INDUSTRIAL POLICY


    Industry clusters planned at Bellary, Belgaum
    THE Karnataka Government is planning to develop industry clusters in Bellary and Belgaum under the Central Government's cluster development scheme, according to the State Commerce and Industries Secretary, Mr Ashok Dalwai. Participating in an ... More

    EVENTS


    `Enhancing skills alone will help India gain dominance'
    WITH the emerging dominance of knowledge-based industries over traditional industries, competitiveness is increasingly `man-made' rather than being dictated by natural resources, and leadership is therefore a crucial issue, said the Tamil Nadu ... More

    `IT cos now need to create new products, markets'
    ALMOST 70 per cent of the world IT spend is on support and maintenance of the existing systems, according to Mr Arun Jain, CMD and CEO of Polaris Software Lab Ltd. Software companies have been charging their customers for their own inefficiency ... More

    North-East Business Summit next month
    IN an effort to attract investors to the North-Eastern States, the Ministry of Development of North Eastern Region in association with the Indian Chamber of Commerce Calcutta and FICCI, will host a two-day North-East Business Summit in Mumbai ... More

  • Tech summit in Oct

    EXPORTS & IMPORTS


    Poor show by traditional items causes negative export growth
    TRADITIONAL items such as gems and jewellery, textiles and engineering goods, which account for slightly half of the country's aggregate exports notched up negative to modest growth during 2001-02, leading to the overall export growth being -1.17 ... More

    `No calamity contingent duty on exports under bond'
    THE Central Board of Excise & Customs (CBEC) has clarified that the National Calamity Contingent Duty (NCCD) need not be paid on goods exported without payment of duty under a bond. The NCCD was imposed in the Finance Act, 2001, on bidis and ... More

    TOURISM


    KSTDC to offer 8 hotels for private development
    The hotels would be given out on a 30-year concession on the basis of renovate, operate, maintain and transfer. More
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Top Stories
    NHB to get mortgage-backed securities listed on NSE


    Buying online no bait for shoppers, says study

    IA Bharat Darshan scheme for tickets worth Rs 1 lakh

    Grains output seen at 211.3 mt — Record rice production; cotton, oilseeds, cereals recover

    Poor show by traditional items causes negative export growth

    What hampers Indian exports?

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives
    Looking back
    Jun. 16-Jun. 22
    Infrastructure projects: Talks soon with ADB, World Bank for $2-b loan

    No changes in EPFO structure proposed -- Pension panel meet on June 24

    NCAER sees real GDP growth rate at 5.5 pc

    Export growth rate set at 12 per cent

    FDI inflows cross $4 b in 2001-02

    Reader base for newspapers up

    Govt mulls new classification beyond Navaratna for PSUs

    Pick-up in non-food credit — Economy on revival path?

    Cement, petro products drive core sector growth

    WorldSpace sees no threat from FM radio

    PAN must for more bank transactions

    India, an emerging force in biotech: E&Y

    PAN coverage scope to be expanded

    I-T Dept told to refund all amounts by July 15


    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