Financial Daily from THE HINDU group of publications
Tuesday, January 14, 2003
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INDUSTRY & ECONOMY

ANTI-DUMPING


Ministries to meet today on vanaspati
FOUR Union Ministries - the Ministry of Finance, Commerce, Food & Consumer Affairs and Health - is meeting tomorrow to discuss ways to handle the alleged dumping of vanaspati by Nepal. According to industry sources, the meeting is likely to ... More

BUDGET


Sushma wants IT treatment for entertainment sector
THE Information and Broadcasting Ministry has once again sought to bring the entertainment sector on par with the IT sector. As part of the pre-Budget meeting, the Information and Broadcasting Minister, Ms Sushma Swaraj, has urged the Finance ... More

COURTS/LEGAL ISSUES


Lok Ayuktas to meet on Jan 17
BANGALORE: The seventh national conference of Lok Ayuktas, Lok Pals and Upa Lok Ayuktas will be held in Bangalore on January 17 and 18. The Vice-President, Mr Bhairon Singh Shekhawat, is slated to inaugurate the meet and the Deputy ... More

ECONOMY


Kerala Govt survey on senior citizens, agri census get under way
THE State Government is taking up a comprehensive survey on the living conditions of the sizable population of the aged (60 years and above) who now constitute as much as 10 per cent (32 lakh) of the State's population (3.2 crore) and is still ... More

Clear objective vital for reforms, says Joshi
Simply by chanting the mantra of reform, reform and reform, reform will not come through. We have to be clear in our objective." More

Govt performance satisfactory: Advisor
THE three-year term of the NDA Government at the Centre has been `satisfactory' and targets set in various areas have been met, according to the Economic Advisor to the Government, Mr Jagdish Shettigar. Addressing a press conference here, he ... More

ENGINEERING


BHEL gas turbine flagged off
HYDERABAD: The first indigenously manufactured advance class gas turbine manufactured by BHEL, Ramachandrapuram unit has been flagged off to the Gujarat State Electricity Corporation (GSEC) on Monday. The gas turbine is being ... More

EXCISE AND CUSTOMS


Textile Ministry proposes lower excise duty burden
EVEN as the textile sector is riddled with divergent view points on what should be the applicable excise duty rate, the recommendations from the Ministry of Textiles (MoT), the administrative Ministry for the sector, seems to be adding one more ... More

`Duty cut must reflect non-cenvat payouts'
THE reduction of customs duties in line with the three-rate customs duty structure proposed by the Kelkar Committee task force on indirect taxes, should reflect the non-Cenvat cost disadvantages that the domestic industry faces. This is one of ... More

PHARMACEUTICALS


Sinha trains guns on spurious drug trade
THE Union Health Ministry is all set to crack its whip on "the merchants of death" or spurious drug manufacturers and a commission is to be set up for this purpose. Under the chairmanship of Dr R.A. Mashelkar, Director-General of the Centre for ... More

POWER


Wartsila eyed for power supply to Cochin SEZ
THE Cochin Special Economic Zone has tentatively identified Wartsila India Ltd, the Indian arm of the Finland based MNC, to take over and run the distribution and supply of power in the zone. Wartsila has indicated that it was planning to put ... More

STEEL


Pact with US on steel
INDIAN steel producers and the US Government have arrived at a preliminary understanding that no single product should be exported in excess of 3 per cent of US' total import of that product. The same will also be applicable for flat products ... More

READYMADE GARMENTS


35,000 papers filed for garment FCFS
BUOYED by the fresh demand from the US and the EU markets, garment exporters filed almost 35,000 applications for first-come first-serve (FCFS) quotas which opened on January 10. The increased demand has resulted in high cut-off prices for some ... More

TEXTILE MACHINERY


Exports to Vietnam, Iran — Textile machinery sector for $200-m line of credit
THE domestic textile machinery industry is exerting pressure on the Heavy Industry Ministry to put in place a $200-million line of credit it has proposed for the exclusive textile machinery exports to Vietnam and Iran. Smarting under the ... More

CONTRACEPTIVES & PROTECTIVES


German Remedies awareness drive
HYDERABAD: Greman Remedies Ltd, the Mumbai-based pharmaceutical company, has conducted an awareness programme on the use of emergency contraceptives here on Saturday. According to the company representatives and the medical ... More

GRANITE & MARBLE


Chennai to host stone fair — Granite units seek policy support
If the Government gave the requisite policy support, the country could virtually be the hub for building monuments in various countries, exploiting one of its finest granite deposits and the largest reserves in the world. More

RURAL DEVELOPMENT


Nabard chalks out micro-credit plans for 12 lakh BPL families
Micro finance has emerged as a major opportunity for millions of rural poor who look forward to `deal poverty with dignity'. More

TRADE & LABOUR UNIONS


Beedi workers seek uniform wage policy
THE Udupi and Dakshina Kannada Beedi Karmikara Hitharakshana Vedike, formed under the auspices of the Guruvayanakere-based Nagarika Seva Trust, plans to organise a State-wide rally in Mangalore on February 25 to focus on the worsening plight of ... More

EVENTS


Ethnic reception
A giant hoarding resembling the Kerala temple architecture welcomes delegates to the Global Investor Meet in Kochi.

More

ENTERTAINMENT & LEISURE


Kerala: Blackout of sports channels on
THE blackout of ESPN/ Star Sports channels by cable television operators in Kerala has entered the fourth day with little signs of an immediate solution to the stalemate. The boycott is in response to a price hike by the broadcaster from December ... More

TOURISM


UK preparing for tourism alliances
THE UK Government will shortly work out its business plan for forging tie-ups with India in the cultural heritage and tourism sector. Stating this during an interaction with Business Line on the sidelines of a seminar, Mr John McNama, ... More
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India Interior
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Looking back
Jan. 5-Jan. 11
One award GM can't be proud of

Big cos move WTO to block essential drugs supply

Biscuit industry sticks to tried and tested recipes

`GDP may run upstream thru river link' — Mr Suresh Prabhu, Chairman, Task Force on Linking of Rivers

Market conditions may not cheer consumer goods majors

IRDA for more tax sops to encourage savings

No money for the poor

PM opens door for dual citizenship — Legislation in Budget session

OPEC to stabilise crude prices soon — To consider concession for India

At Maruti TrueValue, older is now better

Petroleum reserve soon to meet contingencies

`Investing in health will reassure foreign investors'


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