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Monday, September 30, 2002

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INDUSTRY & ECONOMY

RESEARCH & DEVELOPMENT


X-ray crystallography facility soon at CCMB
A modern X-ray crystallography facility to peep into the micro-structures of biological material and aid in better understanding of modern biology is being established at the Centre for Cellular and Molecular Biology (CCMB), here. The Rs. ... More

ECONOMY


CEOs favour 50 bps cut in bank rate to spur growth
A REDUCTION in the bank rate in the mid-year review of the monetary policy will help in strengthening and sustaining the revival of industry, a snap poll of Chief Executive Officers (CEOs) has shown. The poll also shows that the industry ... More

`India lagging behind China in economic growth'
INDIA needs to display much greater determination, discipline and political will to emulate China's impressive all-round economic growth over the past decade, the Leader of Opposition in the Rajya Sabha, Dr Manmohan Singh, said here. Addressing ... More

Plan paper stresses on paradigm shift in thinking to meet targets
The Plan document is understood to have contended with greater candour that "achievement of these targets will require significant departures from our current ways of doing things''. More

Fiscal handicap
ONCE upon a time, not very long ago, Kerala was blessed (or cursed, depending on your particular political whim) with a zero-deficit budget. Happily for the dismal science of economics, this money magic experiment was short-lived, and few ... More

ENVIRONMENT


The urban dilemma
Cities are centres of human consumption which draw heavily from the surrounding ecosystems. At best the citizens can help reduce adverse environmental impact. More

Call for managing plastic wastes
A ban on plastics had not been considered a viable option in any country. Even developed countries were only exploring waste management options. There are over 60-70 technologies for plastic recovery and recycling. More

HEALTH


`Core sector status for healthcare will draw pvt funds'
INFRASTRUCTURE status for the healthcare sector is necessary to attract greater private participation, according to Dr Pratap C. Reddy, Chairman of Apollo Hospitals. He was addressing the two-day national conference on "The India Healthcare Forum ... More

POWER


Karnataka Govt to go ahead with privatising DisComs
The World Bank, which is supporting Karnataka with a structural adjustment loan equivalent to Rs 12,000 crore, including power sector reforms, had insisted that the State Government complete distribution privatisation during the current year itself. More

Southern grid on high alert — Slight improvement in power availability
The State was coping with a 450-MW loss from the Central sector and depleted hydel generation, which have contributed to a shortage of about 20 million units per day. More

SSI


Use funds for exports, Minister tells SMEs
THE Andhra Pradesh Government has created an industrial infrastructure development fund and earmarked 10 per cent of it for technology development but it is regrettable that SMEs have not come forward to make use of it, said Mr K. Vidyadhara Rao, ... More

Ice plants feeling the heat of cold storages
ALONG the Marina in Chennai, there is a place still referred to by some as the Ice House, although it long ceased being used for the purpose it was originally built for. The Ice House now is a memorial to Swami Vivekananda. This Ice House is ... More

RADIO/TV


Channels waking up to late-night shows
TOP Secret Beaches, Beach Hour, Star Trek, Lipstick, Kahin Kissi Roz...Just some of the late night serials to attract adult viewers. After pre- prime-time and post- prime-time, the focus of most television channels is now on the ... More

EDUCATION


IBRD aid sought to revamp higher education
THE University Grants Commission (UGC) has sought the financial assistance of World Bank to part-finance the proposed major restructuring of the traditional higher education system in the country so as to ensure employment opportunities for the ... More

INDUSTRY ASSOCIATIONS


Somany for single national VAT regime
INDIA must strive to directly move into a standardised single national value-added tax (VAT) regime by April 2003, the new President of the Associated Chambers of Commerce and Industry of India (Assocham), Mr R.K. Somany, has said. "If at all ... More

Sisspa seeks cut in cotton yarn duty
SOUTH India Small Spinners Association (Sisspa) has asked the Central Government to lower the excise duty on cotton yarn from the present eight per cent to four. The association feels that lower excise would also lead to better duty compliance ... More

READYMADE GARMENTS


Garment industry worried over hike in sales tax — Six-month abeyance expires today
THE Karnataka State Garment Association has expressed apprehensions over the increase in sales tax to eight per cent from October, when the six-month exemption granted by the Government to continue with the old rate of four per cent expires. ... More

BIO-TECH & GENETICS


SIDBI arm to float fund to boost biotech sector
THE Mumbai-headquartered Sidbi Venture Capital Ltd (SVCL), a wholly-owned subsidiary of Small Industries Development Bank of India (SIDBI), will soon float a national fund for the biotechnology sector. The proposed fund is likely to have a corpus ... More

MINERALS


CIL to phase out manual jobs to facilitate mechanisation
MR N.K. Sharma, Chairman of Coal India Ltd (CIL), has stressed the need for phasing out the manual job elements in the coal-mining sector to pave the way for mechanisation. This strategy is considered crucial for any mineral industry in the ... More

GENDER


Trust these women to disprove debt trap fears
IN the well-lit and neatly kept house in Karpannur village on the outskirts of Salem town, a group of 19 women are working meticulously converting silver wire into chunky anklets. The house belongs to Meghala, but the enterprise is collectively ... More

DISINVESTMENT


New price criterion for PSU open offer
THE Securities and Exchange Board of India (SEBI) has introduced an additional criterion for determining the price of the open offer of shares during the disinvestment of a public sector undertaking. The acquirer would now have to price the ... More

LABOUR REFORMS


Kerala Govt advises caution on labour law changes
KERALA has emphasised the need for observing caution while proceeding to act on some of the labour strategies and reforms proposed by the National Labour Commission and has said that the formal views of the State Governments need to be ... More

INTERVIEW


Texprocil gearing for post-quota regime — Mr T. Kannan, Chairman
We have thought of creating a textile intelligence centre or knowledge centre, which could collect and analyse data and make them available to member-industries. This specialised service would be rendered through business process outsourcing (BPO). More

EXPORTS & IMPORTS


  • DGFT clarification

    TOURISM


    700 buyers to attend Kerala Travel Mart
    AN estimated 700 buyers will interact and do business with over 140 tourism service providers from across the State during the three-day Kerala Travel Mart (KTM) which gets under way at the International Convention Centre in Kochi from ... More
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    Top Stories
    Trust these women to disprove debt trap fears


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    Rise in newsprint price likely from October

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    `Security' curbs likely on FDI from neighbouring nations

    State Govts not for using small savings to retire high-cost debt


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