Financial Daily from THE HINDU group of publications
Friday, September 06, 2002
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INDUSTRY & ECONOMY

ANTI-DUMPING


Dumping duty on acrylic fibre imports
THE Designated Authority in the Ministry of Commerce has recommended the imposition of definitive anti-dumping duty on all imports of acrylic fibre from the UK, Germany, Bulgaria and Brazil. Acrylic fibre is a long chain of synthetic polymer ... More

COURTS/LEGAL ISSUES


Police told to keep off resort's lawful activities
THE Madras High Court has directed the police, inter alia, the Director General of Police and the City Commissioner of Police, not to interfere with the "regular and lawful" business of the City-based Highland Holiday Homes Private Ltd, "so long ... More

ECONOMY


India's fiscal situation unsustainable: IMF
THE International Monetary Fund (IMF) faults India's performance in the domain of public finances, a critical measure of macroeconomic stability, as being "notably worse than other developing countries," even as the fallout of the wide-ranging ... More

Neeru-Meeru!
Villagers of Kadiri in Anantapur district have to shell out money for their drinking water needs. About a dozen private tankers are selling water here due to an alarming depletion in groundwater levels and poor rainfall this year. ... More

ENVIRONMENT


No progress on key issues at Earth Summit: Sinha
THE Minister for External Affairs, Mr Yashwant Sinha, today termed the just-concluded World Summit on Sustainable Development (WSSD) at Johannesburg a "mixed bag." Though the meeting offered some scope for optimism, it failed to make progress ... More

`Earth Summit' brings to fore vision of children
A FIVE-point declaration to address a gamut of issues pertaining to basic rights, education, health and poverty, and a commitment to do their best to make the world a better place to live in the next 10 years — this is what the 110 ... More

FERTILISERS


Cabinet okay to shut HFC, FCI units
THE Union Cabinet today approved the recommendations of a Group of Ministers (GoM) to close down two units of Hindustan Fertiliser Corporation (HFC) and the Fertiliser Corporation of India, respectively. At its meeting here, the Cabinet agreed ... More

HEALTH


Conference on peritoneal dialysis
DOCTORS belonging to the Peritoneal Dialysis Society of India are scheduled to hold their 6th annual conference at Fisherman's Cove near Chennai on September 7th and 8th. The theme of conference is expected to be an exchange of views on recent ... More

PETROLEUM


Low sulphur fuel supply in Chennai
CHENNAI: The oil companies supplying fuel in the city have jointly decided to provide low-sulphur petrol and diesel (with sulphur content less than 0.05 per cent) to the entire metropolitan area. Earlier the supply of this green fuel was ... More

POWER


APGenco steps up output to meet NLC shortfall
The situation has become more challenging because a number of thermal units were slated for annual overhaul in anticipation of a normal monsoon. More

IISc moots power from biomass
A PROPOSAL for utilisation of biomass, which Kerala is never short of, as an additional source of power generation has come up even as the State is going through an acute power crisis. As per the estimates worked out by the Indian Institute of ... More

White paper suggests restructuring of MSEB
MAHARASHTRA needs investments of about Rs 30,475 crore for building generation, transmission and distribution capacities in the next 10 years, according to the white paper on power reforms prepared by the State Government. According to the ... More

TAXATION


Direct tax collections up 18.3 pc
THE Centre's net direct tax collections grew by 18.3 per cent up to the end of August this year and stood at Rs 14,385 crore as against Rs 12,156 crore in the same period last year. With a slowdown in direct tax collections, the Finance ... More

TEXTILES


Weaving a magic with Paithanis
AT 10 a.m. Dwarakabai Chintamani is the first of the 100 to 150 women labour force to be at her loom to weave Paithani sarees at the Government-owned weaving centre at Paithan village, Aurangabad district. In an ordinary green saree with a ... More

`Reversible' palloo
The border and the `reversible' palloo are the defining features of an original Paithani saree. The unique fact about the palloo is it is `reversible' with the same design seen on both sides. More

EDUCATION


Mid-day meal scheme in AP schools from Oct 2 — Push to 100 pc literacy by 2005
THE Andhra Pradesh Government is set to launch the mid-day meal scheme for school children from October 2. The Chief Minister, Mr N. Chandrababu Naidu, said the scheme would further bolster the efforts of the Government to attain 100 per cent ... More

INDUSTRY ASSOCIATIONS


Assocham for Act to limit partners' liability to equity
THE Associated Chambers of Commerce and Industry of India (Assocham) has made a case for enactment of a Limited Partnership Act that would limit the liability of the partners to their equity contribution. The chamber has also called for an ... More

Assocham sending team to UAE
A 20-MEMBER business delegation, under the auspices of the Associated Chambers of Commerce and Industry of India (Assocham), will visit the United Arab Emirates (UAE) during September 7-11. "We foresee strategic tie-ups in many areas with the ... More

SCIENCE & TECHNOLOGY


Nano-tech all set to pervade the world
AFTER IT and BT, the new emerging area in frontier technologies is nano-particles. These novel materials and structures promise to revolutionise technological developments and India has the opportunity waiting to be part of the dramatic events ... More

PM renames Sriharikota Space Centre
THE Prime Minister, Mr Atal Bihari Vajpayee, today renamed the Sriharikota Space Centre (SHAR) as Prof. Satish Dhawan Space Centre by unveiling a plaque at Sriharikota through a satellite link from his residence here. Speaking on the occasion, ... More

DISINVESTMENT


Make-or-break meet on reform process: Shourie
THE September 7 meeting of the Cabinet Committee on Disinvestment (CCD) would be crucial in determining the future course of the privatisation process, according to the Union Disinvestment Minister, Mr Arun Shourie. "The CCD meeting would be a ... More

Shourie: Knight in disinvestment armour
IT could have been an editorial meeting. Reporters at the IMC auditorium today got lessons on how to cover one of the most important events in India's economic history - Disinvestment. "We must not just report on who says what. Our duty is ... More

Advani, Fernandes discuss divestment
CONTINUING with its efforts to break the impasse over the proposed privatisation of HPCL and BPCL, the Deputy Prime Minister, Mr L.K. Advani, and the Defence Minister, Mr George Fernandes, held a meeting here on Thursday to discuss and arrive at ... More

IPR


IP offices to be upgraded
THE Government has embarked on a major modernisation programme for the intellectual property (IP) offices with over Rs 100 crore being earmarked for infrastructure creation and upgradation. Speaking at the WIPO-DIPP-FICCI Asia Pacific Regional ... More

Meet on IPR strategies
THE Confederation of Indian Industry and the Andhra Pradesh Technology Development Centre, in association with the Andhra Pradesh Government, are organising an international conference on "Innovation and IPR strategy" on September 12 and 13 to ... More

EXPORTS & IMPORTS


RBI lowers risk weighting for New India's export credit cover
IN a move designed to encourage better risk management products, the Reserve Bank of India (RBI) has reduced the risk weighting to 50 per cent for export credits covered by New India Assurance Company's Business Credit Shield (BCS). The RBI has ... More
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Top Stories
Premji has a date with talent


LIC in talks with States for pensions for underprivileged

Kania report fallout — CSE staff urge SEBI to allow NSE hubs

Cabinet okay to shut HFC, FCI units

Nano-tech all set to pervade the world

Railway bifurcation: Zones of contention

Weaving a magic with Paithanis

In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Aug. 25-Aug. 31
`Monsoon failure not a cause for panic'

Debt swaps may be restricted to loans against small savings

Move for FDI in elementary education comes under fire

MPs seek review of fresh investment plans of KIOCL

Firms, Govt depts allowed to outsource non-core work

No time respite for FM players on licence fee

Power Trading Corpn to handle Bhutan power

RBI annual report 2001-2002 — Economic climate may force RBI to change stance


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