![]() Financial Daily from THE HINDU group of publications Friday, April 04, 2003 |
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INDUSTRY & ECONOMY ECONOMY Will the war serve US interests? Analysts believe that the single-most plausible motive for the US and the UK waging war against Iraq is to protect the interests of their oil companies. And, as for economic consequences, war-related expenditure is unlikely to help the US and the wor ld economy come out of the current recession, says Alok Ray More
The economic cost of war
War, business and the world order
Fewer factories, more places of worship in Bengal
FOREIGN TRADE Sweden wants India to cut red tape SWEDEN said that India should have a rethink of its stand at the Doha meet of the World Trade Organisation on transparency in government procurement and trade facilitation. "We must have a broad-based approach which benefits all," the Sweden ... More HEALTH Pegasus Foundation initiates programme on healthcare ethics in Karnataka ETHICS should form an integral part of medical science and with the ever-increasing expectations of patients, personnel involved in healthcare profession should be well equipped to meet the emerging challenges of ethics and legal issues connected ... More INFRASTRUCTURE Kolkata's business district may undergo sea change THE riverfront hub of Kolkata's business district is set to undergo a sea change if recommendations tabled by a British waterfront mission are followed. Representatives of the mission on Thursday presented a synopsis of their draft report on an ... More PETROLEUM Jaswant promises no `shocks' in oil prices THE Union Finance Minister, Mr Jaswant Singh, today assuaged fears of oil prices shooting up because of the war in Iraq. Mr Singh reassured a gathering here that volatility in crude oil prices has already been absorbed by the country and the ... More PHARMACEUTICALS NPPA fixes price for erythromycin estolate THE National Pharmaceutical Pricing Authority (NPPA) has for the first time fixed prices for the anti-bacterial erythromycin estolate formulations, while simultaneously revising prices of 39 other formulation packs including asprin tablets, ... More POWER Dabhol offshore lenders vote for termination of power purchase pact A release issued by representatives of the offshore lenders cited lack of progress towards "viable restructuring'' of the 2,184-MW power project, which has been lying shut since June 2001, as one of the reasons for the "reluctant'' decision. More
Rise in power tariffs fail to reduce subsidy burden in Karnataka TEXTILES Minister assures excise relief to garment makers THE Minister for Small-Scale Industries, Dr C.P. Thakur, will meet the Union Finance Minister, Mr Jaswant Singh, to emphasise on the need to withdraw the proposed 10 per cent excise duty on readymade garments. Dr Thakur gave this assurance ... More
Claim on Cenvat duty credit April 7 deadline set for textile producers to declare stock
SSI Nihilent package for SMEs The company has done beta testing of the applications in the last four months, and the product is likely to be launched in a month. More WATER EDUCATION AUTOMOBILE COMPONENTS Auto components sector expects 10 pc growth THE domestic auto component industry is hopeful that its business will grow by10 per cent in the next six months, according to a survey by the PHD Chamber of Commerce and Industry. The survey, conducted among component makers in Haryana and ... More MEDICAL INSTITUTIONS & HOSPITALS Birla Heart Centre in Bengal to expand facilities THE B.M. Birla Heart Research Centre, located here, has planned an outlay of around Rs 20 crore for establishment on new facilities, upgradation and extension of some existing facilities to new areas. According to Mr M.L. Pachisia, member of ... More REAL ESTATE & CONSTRUCTION Duty waiver for Gujarat housing inputs extended CEMENT and steel supplied for reconstruction or repair of private buildings in earthquake-affected areas of Gujarat would be exempted from excise duty for one more year i.e until March 31, 2004. A massive earthquake measuring 6.9 on the Richter ... More PAPER, BOARD & NEWSPRINT CPPRI signs MoU with Swedish counterpart THE Central Pulp and Paper Research Institute (CPPRI) has entered into a memorandum of understanding (MoU) with its Swedish counterpart STFI during the just-concluded Indo-Swedish Joint Commission meeting ... More BIO-TECH & GENETICS DISINVESTMENT Financial bids likely in June for Punjab Tractors THE financial bids for Punjab Tractors are likely to be invited in the first week of June. "The diligence period is expected to take about two months, because of the large number of bidders involved in the process and particularly due to the ... More
Karnataka Antibiotics, CIL arm mooted for sell-off
FOREIGN DIRECT INVESTMENT SAB among FDI plans cleared THE Finance Minister, Mr Jaswant Singh, on Thursday cleared 52 foreign direct investment (FDI) proposals amounting to Rs 321 crore. These include proposals from Principal Financial Group, South African Breweries, AB Electrolux and Caterpillar ... More WTO India submits service sector `request list' to WTO members INDIA has submitted a "request list" on service sectors of interest to the country to a number of member countries of the World Trade Organisation (WTO). According to the Annual Report 2002-03 of the Department of Commerce released here, the ... More SOCIAL WELFARE RURAL DEVELOPMENT Nabard sanctions Rs 928 crore NABARD has sanctioned over Rs 928 crore under the Rural Infrastructure Development Fund VIII for 22 States across the country. With this, the cumulative sanctions to 25 States under RIDF VIII during the year 2002-03 have reached the level of ... More HUMAN RESOURCES Offshore staff help forex kitty boom IF all our migrant workers slogging offshore don't end up in jails for visa problems but keep sending in remittances, we would need less external debt. This much can be surmised from a new report from the World Bank, titled Global Development ... More EVENTS ALTERNATIVE MEDICINES Ayurveda could be included in armed forces medical system THE Union Government would consider including Ayurveda in the medical treatment system of the defence forces if projects were submitted after conducting scientific studies and evaluation of the traditional system of medicine, according to Mr O. ... More TOURISM War and virus take toll on global meets THE war in Iraq combined with the killer flu in Asia has dealt a body blow to the domestic travel, conference and tourism industry. Reeling under the impact, several international conferences that were to be held in the country are either being ... More
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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 Mar. 23-Mar. 29 Iraq conflict unlikely to boost Gulf states' defence spending Banks given more leeway to finance divestment India emerges global R&D base for MNCs Conditional access many queries still unanswered Banks refuse refinance support to State PSUs Manufacturing does better by its employees Divestment of oil PSUs gets SC nod `FBTR: We had to cross many a hurdle' Mr S.B. Bhoje, Director, Indira Gandhi Centre for Atomic Research Fallout of Iraq war Power purchase cost of South plants set to soar TDS on fare differential Travel agents get notice War creates a gulf for mango exports to W. Asia Alphonso may come for a song in domestic market `Indian N-reactors set new global benchmark' Motorcycle sales slow down No service tax exemption on forex earnings, says CBEC chief Relook at excise on branded edible oils NCAER survey pegs car demand growth at 8 pc FDA move likely to hit food products export Trade sees prior information norms `impractical' New excise system makes steel dearer to consumers Spinners wake up to falling cotton yield |
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