The Hindu Business Line : Tuesday, July 02, 2002

Jaswantspeak on economy
I AM not a globalisation fundamentalist. I am greatly attracted by the underlying theme, that globalisation will lead to greater equalisation. If globalisation is the economic equivalent of political democracy, it's welcome. But it would be an ... More

Second coming for a liberal
IN May 1996 when Mr Jaswant Singh first took over as Finance Minister in the 13-day BJP-led Government, lowering of interest rates and reining in the Centre's spiralling fiscal deficit figured on the top of his wishlist. Today, he takes over at ... More

Stocks cheer change at North Block
THE financial community today appeared pleased with Mr Jaswant Singh moving into North Block in place of Mr Yashwant Sinha. While many money-managers Business Line spoke to were not willing to guess what changes Mr Singh's arrival would ... More

Curtains for Sinha regime
OVER the last four years, the Finance Minister, Mr Yashwant Sinha, and his staff have been used to reports about the Minister's exit each time a Cabinet reshuffle was around the corner or when a scam broke out in the financial sector. Each ... More

CMIE for pension funds access to capital markets
THE Centre for Monitoring Indian Economy (CMIE) Chairman, Dr S.A. Dave, on Monday stressed the need for an early integration of pension funds into the overall financial system of the country. Addressing a National Seminar on `Economic ... More

Top priority to economic revival: Jayalalithaa
A new industrial policy is on the anvil to rejuvenate industry. The State's performance during the Ninth Plan has been discouraging with the manufacturing sector decelerating and employment declining in the organised sector. More

ENVIRONMENT

Coastal States to move Centre on CRZ Act
Yet another amendment has been brought to the CRZ Act allowing construction to come up till 50 metres away from the tidal point along lakes and rivers. More

POWER

India ties up with Finland to boost power sector
INDIA and Finland have agreed to promote co-operation in the power sector following discussions between the Minister of Power and Heavy Industries, Mr Suresh P. Prabhu, and the Minister for Trade and Industry of Finland in Helsinki, Mr Johannes ... More

Shortfall
Though the monsoon arrived in Kerala on time, the rains since then have been scanty in the catchment areas of the hydel projects. The Mattupetty reservoir in Idukki district has recorded only 16 per cent rainfall this season. ... More

TEXTILES

Textile exports

CARS

Ahead of insurance tariff hike — Brisk sale of cars in Bangalore
CAR dealers in Bangalore had a busy weekend, as customers scrambled to complete the formalities for buying new cars, ahead of the insurance tariff hike for motor vehicles, which came into effect today. A random poll across the city revealed ... More

REAL ESTATE & CONSTRUCTION

TN Govt in a bind over building regularisation
WITH the Coimbatore Corporation Council adopting a resolution requesting the Tamil Nadu Government to make modifications in its order on building regularisation, the focus has now turned on the likely response of the State Government. What is ... More

BMP proposal on Madivala Complex

INDUSTRY ASSOCIATIONS

FKCCI signs MoUs with Malaysian team
BANGALORE: A team from the Perek State in Malaysia, which visited Karnataka recently, has identified business opportunities in areas such as agro-processing, cement products, railway supplies, machine tool accessories, textiles, ... More

CII hails changes in council of Ministers

TRADING

e-waybills for small traders in AP soon
A CUT-OFF date will be set in consultation with traders' bodies for unregistered traders to fall in line with other honest businessmen and those who fail to comply will be severely dealt with, according to Mr N. Ramesh Kumar, Commissioner of ... More

DISINVESTMENT

Karnataka Soaps to be privatised
KARNATAKA Soaps & Detergents Ltd (KS&DL), manufacturer of the famed Mysore sandal soap, is to be privatised. The State Cabinet today decided to divest 74 per cent of the equity in the State PSU in favour of the private sector. A total of Rs ... More

Iffco-Kribhco may not take part in SCI disinvestment
THE co-operative fertiliser team of Iffco-Kribhco is set to pull out of the race for acquiring a controlling stake of 51 per cent in Shipping Corporation of India (SCI). "We will take an internal approval not to take further part in SCI ... More

EXPORTS & IMPORTS

April-May exports record 10.46% growth at $7.4 b
Provisional figures put out by the Directorate-General of Commercial Intelligence & Statistics show that the country's imports during April-May 2002 are valued at $8,444.62 million over the level of imports valued at $8,768.24 million, showing a dec line of 3.69 per cent. More

TOURISM

Princely chariots
Chariots used by the erstwhile princely rulers of Kochi are some of the main tourist attractions at the Hill Palace Museum, Tripunithura.

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Top Stories
Restructuring the food economy

PC sales in semi-urban, rural areas go up

Private insurers must give statutory cover: TAC

Net telephony without PCs a reality

ITC's e-drive for rural farm growth gets good response

April-May exports record 10.46% growth at $7.4 b

In Depth
Gender Justice

Simple Economics

Guide to derivatives

Looking back
Jun. 23-Jun. 29
Another rice barter deal with Manila

Gem, jewellery exports up 39 pc in April-May

Sweat for the vision to ignite billion souls, urges Kalam

Finance Ministry sticks to 9% rate on EPF deposits

Govt allows FDI in print media

Railway Minister not keen to divest PSUs on his turf

Reinvested earnings may come under FDI tag

Poor show by traditional items causes negative export growth