Financial Daily from THE HINDU group of publications
Wednesday, January 01, 2003
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Financial Daily from THE HINDU group of publications Wednesday, January 01, 2003 |
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INDUSTRY & ECONOMY ECONOMY 
Economy shrugs off drought impact — GDP growth touches 5.9 pc in first halfTHE Indian economy seems well poised to achieve a growth rate of around 5.5 per cent during 2002-03, notwithstanding the impact of drought and the sluggish performance of the farm sector. According to the latest quarterly estimates of gross ... More EXCISE AND CUSTOMS CII wants excise cut on many products THE Confederation of Indian Industry (CII) has made a plea for the removal of the 16 per cent special excise duty (SED) on aerated soft drinks/water. In its pre-Budget memorandum, CII said that the aerated soft drinks industry can contribute ... More HEALTH Temptingly empty The US healthcare sector is ripe for automation and it looks like the right time for the Indian IT industry to make room for itself at the table. But will Indian companies manage to break the barriers that have kept them out of the picture? More PSU APSRTC hopeful of bringing down losses THE Andhra Pradesh State Road Transport Corporation (APSRTC) which has been in the red for a few years and suffered a loss of Rs 272 crore last year alone, is hopeful of bringing down the losses to Rs 200 crore this year if the hitherto ... More PETROLEUM LPG transporters threaten strike — To decide on course of action tomorrow The transport operators want to include the IOC too in the boycott list as the oil major is reported to have expressed inability to stick to its word of effecting an 8.5 per cent increase in the transport rate. More
Gasohol programme watered down POWER KPCL to go it alone in Bellary power project KPCL was persuading BHEL to pick up an equity stake in BTPS. BHEL has so far not participated in the equity of any of the projects where it had supplied equipment, since this is not part of the company's charter. More
`No power tariff hike during next 3 months' TAXATION Kelkar moots steps to curb power misuse by ITOs TAKING into account growing public apprehensions over the unbridled power enjoyed by income-tax officers with regard to survey operations, the Kelkar Committee, in its final report submitted to the Government, has recommended that a survey should ... More
Tyre dealers seek early switch-over to VAT regime TEA 
Tea futures marks Upasi bid to be supply chain leader — Mr N. Dharmaraj, Chairman of Upasi Tea CommitteeTHE United Planters' Association of Southern India (Upasi) is getting ready to launch the country's first tea futures exchange, for which it has been granted a licence by the Forward Markets Commission (FMC). The feasibility of tea futures was ... More RADIO/TV EDUCATION INDUSTRY ASSOCIATIONS KCCI plea to demarcate hawking zones THE Kanara Chamber of Commerce and Industry (KCCI), in an attempt to protect the interests of `legitimate' businesses, has asked the Mangalore City Corporation to clearly demarcate `no-hawking zones' in the city to ensure that `areas where ... More READYMADE GARMENTS Premiums hit roof on rush for readymades THE revival in the US and the European Union markets has driven the rush for readymade garment quotas, with fresh quotas set to open on January 1. The premiums on some of these categories indicate that the demand is there for these items. ... More KNITWEAR & HOSIERY TEA submits proposal for common Tirupur brand WITH industrial clusters being bestowed policy support by the Government under the Exim Policy to promote their wares, the Tirupur Exporters' Association (TEA) has forwarded a proposal to the Commerce Ministry for promoting an exclusive brand for ... More
Accessories fair in Tirupur from Jan 8 SCIENCE & TECHNOLOGY Earth station inauguration on Jan 3 KOCHI: The Union Minister of State for Tourism and Culture, Mr Vinod Khanna, will inaugurate the earth station of India Vision Satellite Communications Ltd on January 3. With the inauguration of the earth station, India Vision will be ... More MINING & QUARRYING Expert panel to study mineral mining THIRUVANANTHAPURAM: The Industries Minister, Mr P.K. Kunhalikkutty, has said that an expert committee will be constituted for studying the entire gamut of issues relating to mining of minerals along the coastal areas of Alappuzha ... More FOREIGN DIRECT INVESTMENT Bayer Crop among FDI plans worth Rs 107 cr cleared THE Government has approved Germany-based Bayer Crop Science's proposal to increase its stake in Aventis Crop Science India Ltd from 67.08 per cent to 100 per cent involving foreign direct investment (FDI) worth Rs 74 crore. A total of 23 ... More
Oppn offers support for investors' meet SOCIAL WELFARE An exclusive space for senior citizens in Pune SENIOR citizens in Pune have got what actually can be termed a year-end gift thanks to a city construction company which has come up with `the first residential complex exclusively designed keeping in mind the requirements of the country's ... More TRADE & LABOUR UNIONS Coir workers end strike Export orders would henceforth be confined to exporters, coir co-operative societies, small-scale producers and producer co-operative societies. More EVENTS CII plans labour conference on January 11 CONFEDERATION of Indian Industry, Kerala is organising a conference on `Kerala Work Force Vision - Role of Trade Unions in Investment Attractiveness' on January 11. The themes of the conference will be `Redefining Industrial Relations: ... More
INCOME TAX Kelkar prescription draws flak THIRUVANANTHAPURAM: The State Minister for Non-Resident Keralite (NRK) Affairs, Mr M.M. Hassan, has written to the Centre requesting that the Kelkar committee prescription for taxing the income of non-residents be discarded forthwith. In ... More EXPORTS & IMPORTS Handloom exports may touch Rs 2,800 crore HANDLOOM exports earnings are poised to touch Rs 2,800 crore this year, according to the Union Minister for Textiles, Mr Kashiram Rana. Talking to newspersons here on Tuesday, the Minister said foreign buyers preferred Indian handloom products ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Inside China Stock scam unravelling Petrol pump controversy Kelkar Report Reliance & Telecom Competition In Depth Gender Justice Simple Economics India Interior Consumer Notes Looking back Dec. 22-Dec. 28 SEBI eases pricing norms for PSU disinvestment — 2-week average price criteria not applicable Dumping duty on raw silk imports recommended CEOs for phasing out tax exemptions Indian realtors train eyes on Gulf market A paradox of poverty and plenty Despite claims, RIDF is a flop When will we have e-democracy? Readymade garment H1 exports increase 11 pc Atomic minerals deposits found in AP coast Delhi Metro Rail gets green certification EU says no to `blood' roughs Plastic makers' move to rid Tirumala of waste Jalan optimistic about achieving 8 pc growth People-factor dominates liquor industry saga |
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