Financial Daily from THE HINDU group of publications
Wednesday, January 22, 2003
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Financial Daily from THE HINDU group of publications Wednesday, January 22, 2003 |
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INDUSTRY & ECONOMY INVESTMENTS Nabard cuts CG bond rates again THE National Bank for Agriculture and Rural Development (Nabard) has decided to further reduce the interest rate on its capital gains bonds by 75 basis points. On January 2, the rates were lowered to 6 per cent from 6.5 per cent. In a press ... More ANTI-DUMPING Only Doha talks can resolve dumping row: EU INDIA's concerns over anti-dumping issues, especially with the European Union, can find remedy only at the Doha Development Agenda (DDA) negotiations under the auspices of the World Trade Organisation (WTO), according to Mr Michel Caillouet, ... More ECONOMY Deficit monetisation on downtrend The Government expenditure on salaries, interest and incomes in the organised sector show up as bank deposits, which again go to the Government as investment in gilts, in the absence of adequate credit demand and lack of good lending opportunities. T he RBI credit to Government has been contained because of this round-tripping. More ENVIRONMENT `Assessing lead levels, a big hurdle' BANGALORE: Lack of standard procedures to assess lead levels is a big hurdle in compiling Indian industrial data on lead with regard to exposure, poisoning and pollution. The Government should accept the specifications set by the ... More FOREIGN TRADE EU expansion to benefit Indian cos THE Government on Tuesday maintained that the enlargement of the European Union (EU) through the addition of 10 more countries in the next few years would only open more opportunities for the Indian business community. "EU enlargement would ... More HEALTH Blindness prevalent in Karnataka BANGALORE: A national survey on blindness has shown that barely 50 per cent of the people in Karnataka have near normal vision and prevalence of blindness is more than the national average. Covering 40,000 people all over the ... More PHARMACEUTICALS Indian drug majors take WTO battle to Africa DESPITE efforts to push Indian generic pharma companies into a corner in the worldwide arena, the domestic pharma industry has decided to strike back by taking the battle of affordable drugs to a different battlefield - the African nations. ... More POWER NHPC mulling tie-up route for N-E project THE National Hydro Electric Power Corporation (NHPC) is weighing the options of entering into a joint venture to implement the 2000 MW Subansiri project in Arunachal Pradesh. Sources said the techno-economic clearance for the project was ... More
Delhi SOS for more power STEEL 
Low rates for steel cos; debt recast plan clearedTHE corporate debt restructuring forum of financial institutions (FIs) and banks today approved a revamp of about Rs 20,000-crore debt of three major steel-makers - Essar Steel Ltd, Ispat Industries Ltd and Jindal Vijayanagar Steel Ltd. The ... More TAXATION WATER Drinking water projects for Kolar BANGALORE: The drought-affected Kolar district will get a fresh lease of life with the Government deciding to spend the entire Rs 8.15 crore allocated by the 11th Finance Commission for the district for drinking water projects. Kolar ... More INDUSTRY ASSOCIATIONS Chambers' co-operation sought for balanced industrial growth The Chief Secretary said the Government would make efforts to direct investors to move away from Bangalore and choose other districts for investment. More KNITWEAR & HOSIERY Tirupur knitwear team to visit Italy A DELEGATION of 20 companies in the cotton knitwear sector from Tirupur is visiting Treviso in Italy on January 23 and 24 to explore business opportunities. The delegation will participate in a seminar organised by Treviso Technologia, followed ... More TEXTILE MACHINERY Support sought for shuttleless looms THE Centre should encourage domestic producers of shuttleless looms rather than providing fiscal incentives for their import, according to Mr G.K. Sundaram, Chairman and Managing Director of Lakshmi Mills, Coimbatore. The earlier expectations ... More NEWSPAPERS & PUBLISHING Foreign investment in news agencies being reviewed AFTER permitting foreign direct investment (FDI) in the print media, the Government has decided to look into the issue of allowing foreign investment in news agencies. Currently foreign agencies can distribute news in India only through an ... More DISINVESTMENT Oil PSU sell-off gains momentum — Divestment Ministry seeks to convene CCD meet THE plan to sell Government stakes in oil refining and marketing companies HPCL and BPCL gained momentum on Tuesday, with the Disinvestment Ministry seeking a meeting of the Cabinet Committee on Disinvestment (CCD) at the earliest to finalise the ... More WTO `EU must stick to Doha trade negotiations' THE European Union has to adhere to the Doha round of WTO negotiations, as failure to do so will bring world trade at the crossroads. This was stated by Mr Jairam Ramesh, Economic Affairs Secretary of the Congress Party, at an international ... More EVENTS Jaswant to lead team to WEF THE Union Finance and Company Affairs Minister, Mr Jaswant Singh, will lead India's representation at the annual meeting of the World Economic Forum (WEF), which begins in Davos, Switzerland, on Thursday. The Chief Ministers of Andhra Pradesh ... More
EXPORTS & IMPORTS ECGC steps to correct claims-premium ratio IN a bid to correct the adverse claims-premium ratio on pre-shipment guarantees, said to have climbed to a cumulative high of 147 per cent in the last five years, Export Credit Guarantee Corporation of India Ltd (ECGC) has now introduced a ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Kelkar Report Telecom Competition Oil PSUs: Disinvestment dilemma NPAs in Banking In Depth Gender Justice Simple Economics India Interior Consumer Notes Tax Talk Industry Analysis 2002: A drought year Gold: Still the winner? Books and Reviews Looking back Jan. 12-Jan. 18 FICCI for restoration of 10% creeping acquisition limit `Rural sector needs more credit avenues' |
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