Financial Daily from THE HINDU group of publications
Tuesday, March 04, 2003
| Markets (March 3) | ||||||||||
|
Financial Daily from THE HINDU group of publications Tuesday, March 04, 2003 |
|
||||||||||||
|
|
|||||||||||||
|
INDUSTRY & ECONOMY FARM CREDIT Law reforms panel proposes passbook for agriculturists The proposed Bill is aimed at offsetting the hurdles faced by agriculturists in raising loans. The passbooks could be produced to avail credit from cooperative societies, banks and financial institutions without having to mortgage their holdings. More BUDGET `Budget offers ample benefits to the salaried' THERE has been mixed response to the Union Budget with the chambers of commerce terming it as practical. "It is positive and reasonable," the GMCI Chairman for taxation committee, Mr S. Krishnaswamy, told newspersons. He said the budget has ... More
REACTIONS Mixed response to Budget from accounting firms THE response to the Union Budget by leading accounting firms and telecom companies has been mixed. Mr B.K. Syngal, Vice-Chairman, BPL Communications Ltd, said that the service tax of eight per cent will neutralise most of the benefits given by ... More ECONOMY Debt buyback will benefit economy, says Jaswant THE Budget proposals of restructuring State Government debts and the buyback of the Union Government's domestic debt from the banks would have a beneficial effect on the economy and the fiscal situation over the next few years, according to the ... More ENVIRONMENT Workshop on sea sand mining In Kerala THE Swadeshi Science Movement (SCM) has decided to conduct a workshop here on `Offshore sand mining; the pros and cons' in the backdrop of widespread concern over sea sand mining, a proposal for which came up during the recently concluded Global ... More
Mistakes galore in conservation rules EXCISE AND CUSTOMS Retail sale price excise evasion gap plugged FOR companies that have been evading payment of retail sale price (RSP)-based excise duty by clearing goods from their factories in bulk and getting them packed and labelled outside, the Union Budget brings some bad news. From now on, if a ... More
FICCI welcomes relief in customs duties
Customs Tariff Bill approved
`Industry must pass excise benefits to consumers'
Exemptions make India competitive, says Natco chief PSU PSU profits up 66% in 2001-02: Survey The combined turnover of all the CPSUs marked an increase of Rs 20,491 crore, from Rs 4,58,237 crore to Rs 4,78,728 crore. More PHARMACEUTICALS Companies begin to lower prices — Medical expenses set to get easy on purse MEDICAL expenses may soon be less exacting on the purse, with prices set to come down on cancer drugs, diabetes-related kits and medical equipment. From Nicholas Piramal India Ltd (NPIL), which has a basket of cancer drugs and glucometers to ... More
`Equating pharma, biotech with IT a welcome sign' STEEL Budget proposals may augur well for steel units "The budget has been very good on infrastructure which is going to be good for steel, cement,'' Mr B. Muthuraman, Managing Director, Tata Steel said. More TAXATION 
`No intention to tax services exports'CALL it election year populism or political shrewdness. The Finance Minister, Mr Jaswant Singh, is doing a Sachin Tendulkar on the Indian industry. He is stepping out in the initial overs after the Budget and playing to the galleries by ... More
`Wanted: Litigation-free tax system'
TEXTILES Optional duty cut may bring textile trade under net THE removal of optional excise duty on fabrics and the exemption of the job working textile units in the weaving sector as announced would make registration of the textile trade/merchandising under the excise regime inevitable, feel the sources ... More
TYRES Excise cut on tyres may bring down prices THE proposed reduction in excise duty on automotive tyres from 32 per cent to 24 per cent ad-valorem rate in this year's Union Budget should result in a six per cent reduction in price of tyres covering passenger cars, multi-utility vehicles ... More WATER Call to protect groundwater sources THE Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) Managing Director, Dr M.G. Gopal, has warned that there were several threats to the city's water bodies and sought an early warning system to protect surface and groundwater ... More RADIO/TV Cable operators, Star TV haggle over pay channels — Customers made to cough up more TELEVISION cable operators in Tamil Nadu have stopped relaying Star programmes including Vijay TV in most of the districts, except Chennai, while officials at Star Group claimed that the Star was off only in SCV, part of the Sun Network, ... More EDUCATION Kerala: Diploma course in TA planned THE Institution of Engineers (India), Kerala centre, is instituting a diploma course in Transactional Analysis from March 8 onwards, according to a spokesman of the IE(I) here. Transactional Analysis (TA) deals with communication and ... More
Rs 38.76 cr for education of minorities in AP
KNITWEAR & HOSIERY 8 pc duty on cotton knitted fabrics, garments — Cotton hosiery units in a spot over excise duty The units producing for the local market are faced with the unpleasant task of hiking the end price of their product to the extent of the new excise rate they will suffer. More DISINVESTMENT FACT in talks with Kribhco/Iffco FERTILISERS and Chemicals Travancore Ltd (FACT) has initiated discussions at the senior most levels of Kribhco/Iffco to participate in the disinvestment process of FACT, which would be to the mutual advantage of both FACT and ... More LABOUR REFORMS Study cites lacunae in labour policies THE Public Affairs Forum, an organisation for promotion of public awareness on policy issues, has called upon the State Government to improve the ways of administering the headload workers' wage and welfare funds in order to ensure better returns ... More INCOME TAX Good Budget for salaried, says HR executive ACCORDING to Mr Leo Fernandez, Vice-President, India Life Hewitt, an HR BPO firm: "It is a welcome Budget for the salaried class due to the higher standard deductions and reintroduction of standard deductions for salaries above Rs 5 lakh, and ... More TOURISM Banyan tree to prop up tourism potential THE world's largest and oldest banyan tree— Timmamma Marrimanu— located in Anantapur district of Andhra Pradesh has been identified as the focus for the development of the place into a tourist centre by the State Government. In an ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
 Pick a Winner Stock Market Contest
Top Stories In Focus Run-up to Budget Kelkar Report Bottled water: How safe is it? Telecom Competition Oil PSUs: Disinvestment dilemma Housing Fin. rate war: Bonanza for consumers! NPAs in Banking In Depth Simple Economics Consumer Notes Tax Talk The Brahmananda collections NRIs & Investment Avenues Corporate Governance Gold: Still the winner? Cars: Always a beauty Books and Reviews Looking back Feb. 23-Mar. 1 Anti-dumping duty on China-made metal torches Study on diabetes unearths bitter truths Traditional items, engg goods dominate export basket — Account for 18% growth in April-Nov Ministry may grant Rs 30 cr for leather park in Bengal Chambers' reaction mixed Budget breathes new life into pharmaceuticals sector Jaswant leaves more money in salaried pocket Dividend tax, capital gains tax to go — Capital markets get a lift Price cuts drive auto into top gear CST cut to hurt States by Rs 5,000 cr Style & substance true to form Want better roads? Pay 50 paise more for diesel, petrol |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home | Copyright © 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |