Financial Daily from THE HINDU group of publications
Friday, January 24, 2003
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Financial Daily from THE HINDU group of publications Friday, January 24, 2003 |
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INDUSTRY & ECONOMY INVESTMENTS Retail trading in bonds — Why it does not make economic sense Retail trading in government bonds does not serve much economic purpose. Introducing zero-coupon bonds instead will lead to faster development NON-CONVENTIONAL ENERGY Canara Bank loan for solar home lighting The CMD said the experimental scheme will be extended to other parts of the country subsequently and could cover larger number of people than the initial 10,000. More CHEMICALS `Chem sector set to emerge $100-b industry' Opportunities for the chemical industry includes stimulation of domestic demand, access to global market and investment in new emerging growth areas. More ECONOMY 
10% hike seen in salaries this yearSALARIES will witness a 10.1 per cent hike across all sectors and employee groups in India this year, according to the Seventh Annual India Salary Increase Survey conducted by HR outsourcing and consulting firm, Hewitt Associates. The survey ... More
Fiscal Responsibility Act on the anvil
Low Central revenue transfers put pressure on State Govt
Mufti woos investors from Karnataka
ENVIRONMENT Govt plans to ramp up `Clean Kerala' drive THE State Government will ramp up its `Clean Kerala' campaign aimed at improving the levels of hygiene in the State. And as part of this initiative, the government has announced the establishment of awards for local bodies that maintain the ... More FOREIGN TRADE Exporters get relief on SAD incidence IN a move that would benefit exporters availing the Duty Entitlement Passbook (DEPB) scheme, the Government has announced that it would neutralise the incidence of Special Additional Duty (SAD) of Customs on the import content of exported ... More HEALTH Bausch & Lomb seeks tie-up with LV Prasad BAUSCH&LOMB India, the eyecare major, has entered into talks with the LV Prasad Eye Institute to enlist technical support for the nationwide Lasik Education Programme which the company proposes to launch soon. Lasik, short for laser-assisted in ... More INFRASTRUCTURE Exhibition centre at Whitefield by April The Minister said considering the increasing frequency of exhibitions in the city, the State Government had decided to set up a permanent exhibition centre. More PSU Consider legal options to recover PSU dues: GoM THE Group of Ministers (GoM) on Statutory Dues on Thursday asked the Ministry of Heavy Industries (MHI) to look at legal options, in consultation with the Law Ministry, for recovering over Rs 2,100-crore statutory dues from the sick public sector ... More PETROLEUM POWER SEBs to use bond route to settle dues with CIL A CIL source said the total coal sales dues stood at about Rs 6,750 crore as on December 2002. Out of which, undisputed and disputed amounts would be Rs 4,600 crore and about Rs 2,150 crore, respectively. More STEEL Steel trading bets on e-commerce for volume STEEL trading in India is all set to go the Internet way. And if everything goes well, then e-commerce will account for around 20 per cent of the total steel traded in the country in the next three years, according to Mr V.S. Jain, Chairman of ... More TAXATION CBEC upbeat on indirect tax collections ENCOURAGED by the performance of the six core sector industries in the first three quarters, the Chairman of the Central Board of Excise and Customs (CBEC), Mr M.K. Zutshi, on Thursday said the Government was hopeful of achieving the ambitious ... More TEXTILES Basic duty on textiles must be fixed at 8%: CII THE Confederation of Indian Industry (CII) has recommended that the basic excise duty should be levied at the uniform rate of eight per cent across the value chain in the textiles industry. In its pre-Budget memorandum, the chamber has said ... More EDUCATION Wipro applies thought to education "JUST another brick in the wall?" If you don't remember this Pink Floyd number, then just talk to some offshore clients of Indian software companies. More often than not, you will hear a complaint that sounds like this: "Indian software ... More SCIENCE & TECHNOLOGY Document on aeronautical policy soon By the end of the current calendar year, The Aeronautical Society of India will place before the Centre "an integrated policy document'' to enable the latter to formulate the National Aeronautical Policy. Stating this during an interface with ... More MINING & QUARRYING Bid to raise FDI in mining sector FOREIGN direct investment (FDI) inflows in the mining sector are not satisfactory and efforts are under way to facilitate more FDI into this sector for which the Government is contemplating a number of changes in mining regulations. This was ... More
EVENTS Naidu leaves for Davos THE Andhra Pradesh Chief Minister, Mr N. Chandrababu Naidu, is leading a delegation from the State to the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, to be held during January 23 to 28. Mr Naidu would address at the ... More
PEOPLE 
Brahmananda passes awayPROF P.R. Brahmananda, noted economist and President of the International Economic Association (IEA), died here on Thursday following a cardiac arrest. He was 77. Prof Brahmananda was only the fourth Indian to be made the honorary president of ... 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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