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Monday, May 05, 2003

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INDUSTRY & ECONOMY

BUDGET


SIMA welcomes passage of Finance Bill
SOUTHERN India Mills Association (SIMA) has welcomed the passage of the Finance Bill which carries through the completion of the cenvat chain for the textile sector. `The completion of the cenvat chain will create a level playing field and ... More

ECONOMY


Political gimmicks, nasty GIM-nastics
Whether GIM was a success is anyone's guess. As with countless other roadshows and expos by previous Governments, wholesome praise and optimism always come from those who manage such shows. After all, they have nothing to lose but their voices. More

ENVIRONMENT


HLL mercury waste to leave for NY on May 7
THE mercury waste from the thermometer plant of Hindustan Lever Ltd in Kodaikanal is likely to leave Tuticorin port for New York on May 7. The Greenpeace has voiced its concern for the shipment overstaying at Tuticorin. According to shipping ... More

Met data is elementary for project consultancy
WHAT is the nature of trust placed by industrial and infrastructural project consultants on data relating to behaviour of the Elements made available, for instance, by the Met Department? Elementary, in the words of Mr Santhosh Nair, Director ... More

HOTELS


  • Hotel Park View opens today

    PETROLEUM


    Goa plans reduction in sales tax on ATF
    THERE could be some good news for the domestic airlines industry in the near future. Goa is examining a proposal to reduce the incidence of sales tax on aviation turbine fuel (ATF) to four per cent. "The Chief Minister, Mr Manohar Parrikar, has ... More

    PLASTICS


    AP urged to set up special zones for plastic industry
    MR Kamal P. Nanavaty, Senior President (Polymer Division), Reliance Industries Ltd, has asked the Andhra Pradesh Government to "create Daman-Silvasa type" zones in the State to promote the plastic industry. Delivering the keynote address at the ... More

    POWER


    Reforms help cut power tariff this year: Transco
    AFTER about four years of embarking on the reforms process in the power sector, the Transmission Corporation of Andhra Pradesh has succeeded in reducing the power tariff by about 0.74 per cent in the current financial year. If the inflation is ... More

    New power tariff from April in Karnataka
    MANGALORE: The new power tariffs fixed by the Karnataka Electricity Regulatory Commission (KERC) will come into effect from the first meter reading after April 1, according to a release from Mangalore Electricity Supply Company ... More

    TEXTILES


    Karnataka textile, garment makers seek entry tax exemption
    THE textile and readymade garment manufacturers plan to meet Karnataka Government officials later this week to seek exemption from paying entry tax. "We want entry tax abolished with VAT expected to come into place soon," the Chairman, textile ... More

    SSI


    Kassia launches `save SSI' drive
    THE Karnataka Small Scale Industries Association (Kassia) has launched a `save SSI campaign' to draw the Government's attention to the issues plaguing the growth of small-scale industries. All State-level small-scale industries associations ... More

    EDUCATION


  • Mobile to flash intermediate results

    MEDICAL INSTITUTIONS & HOSPITALS


    Bypassing surgery?
    The Bio-Oxy clinic in Chennai uses chelation and ozone therapies to treat a variety of ailments. More

    LEATHER


    Tanneries welcome sewer system plan
    THE All India Skin and Hide Tanners and Merchants Association (AISHTMA) has welcomed the Tamil Nadu Government's announcement that underground sewer system would be provided in 14 municipalities. According to an AISHTMA release, the tannery ... More

    FOREIGN DIRECT INVESTMENT


    FDI policy `lacks coherence'
    IN a direct indictment of the policy of foreign direct investment (FDI) being followed by the Government, the Standing Parliamentary Committee on Commerce has underscored the urgent need to improve the macro-economic and organisational framework ... More

    EVENTS


  • Technology Day fete on May 11

    INCOME TAX


    No income-tax sops for crorepati sportstars
    SACHIN Tendulkar, Saurav Ganguly or Vishwanathan Anand may not be able to avail themselves of the proposed tax incentive for sportspersons announced by the Finance Minister, Mr Jaswant Singh, last week. For, Finance Ministry sources say that for ... More

    EXPORTS & IMPORTS


    Traditional items drive export growth
    THE 19 per cent export growth achieved during the first ten months of the fiscal 2002-03 was led by salutary trends in the export of traditional items such as gems and jewellery, chemicals and related products, engineering goods and textiles, ... More

    TOURISM


    KTDC introduces eco-certification for tourism sector
    THE Kerala Tourism Department has introduced an eco-certification scheme as part of its efforts to promote eco-friendly tourism in a big way in the State. The scheme, styled "Eco-Kerala", attempts to evolve a set of practices to help each ... More

    TRENDS


    New leaders with `richer aroma'
    IT often happens on railway journeys that span days and nights. You have a reservation but at some odd station up North, there comes in this gruff passenger who butts you in - in more ways than one - and plants himself firmly as an extra ... More
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    New telecom tariffs — PCOs make distress calls to TRAI

    Traditional items drive export growth

    Consumer Protection Act — Changes, the good and the unnecessary

    In Focus
    SARS scare
    Truckers' Strike
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collection
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Apr. 27-May. 3
    Three new SARS cases — Testing time for health officials

    Exports bring cheer to auto industry — Maruti Udyog spearheads growth

    CII forecasts 6-6.4 pc growth in GDP

    ADB says 6 pc growth possible

    Exports top $50 b in `02-03

    Overall biz confidence index down, says FICCI survey

    Finance Ministry says RBI growth projection realistic

    Protection of pharma cos' research — `Data exclusivity must for consumer safety'

    WHO declares India SARS-free

    `Let us drive growth, not wait for it to happen' — Mr Anand Mahindra, newly-appointed CII President

    Panel suggests homoeo doses for SARS


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