![]() Financial Daily from THE HINDU group of publications Tuesday, June 03, 2003 |
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INDUSTRY & ECONOMY EMPLOYMENT Plan panel sets up task force on job creation A target for generation of 50 million new employment opportunities has been envisaged during the Tenth Five-Year Plan, reflecting the commitment of the Government to create 10 million employment opportunities per year. More CLIMATE & WEATHER Schools open, but skies don't MORE than 15,000 schools across the State reopened to uncharacteristically bright sunshine with the southwest monsoon failing to keep the date. Normally, schools open to waves and waves of rain brought in by the rain-bearing clouds floating in ... More
INVESTMENTS `Investment in gold is a risk management tool' IF you are one of those stock market aficionados and is feeling quite cheated at the way your portfolio has been performing, then it's time to look at gold. For, a bar of 24 carat gold offered among the best returns in the year 2002 ... More CEMENT Cement output, despatches rise in May CEMENT majors have mostly reported increased despatches and production, year-on-year, for May 2003. ACC Ltd has reported an increase of 11.4 per cent in cement despatches for the month, at 13.79 lakh tonnes (12.37 lakh tonnes in May 2002). ... More ECONOMY Govt to prepay $1.6-b worth bilateral loans AFTER prematurely retiring high-cost foreign currency loans aggregating around $3 billion from the World Bank and the Asian Development Bank (ADB) in late-February, the Government is now planning to undertake similar prepayment of bilateral debt ... More
Bengal rolls out red carpet for pvt sector FOREIGN TRADE MoU signed for trade with Kazakhstan KAZAKHSTAN was identified as the best destination for trade in Central Asia on account of a safe business atmosphere by Mr Raviprakash Khemka, President, Indo-Kazakhstan Chamber of Commerce, at a meeting here. At a business meet that featured ... More HEALTH Manipal Hospital starts preventive oncology clinics MANIPAL Hospital, has introduced `preventive oncology clinics' for early detection and treatment of cancer. The weekly clinics will be held on Friday afternoon and will focus on identification of individuals in high-risk groups, prognostic ... More PETROLEUM TN: LPG tanker crew stir `has little impact' DESPITE reports of drivers and cleaners of bulk LPG transport vehicles calling for strike from today, the transport vehicle operators based in Namakkal have claimed that there is no impact of the strike call. They have also clarified that the ... More PHARMACEUTICALS Vizag pharma city proposal `sound' THE proposed pharma city project at Parawada in Visakhapatnam district is well-conceived, as it contains an integral component of a common toxic waste treatment facility for the units, the second one in the State, according to Mr G.V. Raghava ... More POWER
Tata Power to light up more homesTATA Power Company plans to increase its retail customers in Mumbai to 50,000 from 17,000 in one-and-a-half years. The company, which has over 8.5 lakh retail customers in Delhi, plans to focus more on the power distribution business. In the ... More
PFC accepts AP model for funding Mangalore project
Bengal power users plan `bill boycott'
STEEL Delhi to host steel meet today THE Ministry of Steel, Department of Commerce, Unctad and the Confederation of Indian Industry (CII) are jointly organising a national conference on global steel initiatives here on Tuesday to discuss India's concern on the initiative of the ... More WATER Water from cleansed lakes soon WITH the Rs 200-crore plan to develop lakes and improve urban greenery in the twin cities going ahead as scheduled, the Hyderabad Urban Development Authority (Huda) is getting ready to sell water to industrial units at a "very low price" ... More EDUCATION TELEVISION SETS CTV sales dip 3.4% in April LG, Samsung go with double-digit growth IT was the flat television segment that continued to drive growth for the colour television (CTV) industry in April as well. According to ORG-Marg data for the month, while the conventional television market declined by 7.9 per cent during the ... More LEATHER Leather shoe trade in for a shakeout Industry officials indicate that the sharp drop in footwear components exports can be traced to a disappointing performance in leather footwear uppers. European manufacturers prefer to import full shoes to offset rising labour cost at home. More KNITWEAR & HOSIERY Hosiery workers rally tomorrow May announce stir plan if talks fail THE six central hosiery workers trade unions, which have planned a joint rally in Tirupur on June 4 to highlight the pending knitwear industrial workers wage issue, may use the rally platform to announce a struggle programme including finalising ... More JUTE Ministry plans to close down all 6 mills of NJMC: TUs THE Union Ministry of Textiles has decided to close down all six mills of National Jute Manufactures Corporation (NJMC) Ltd, according to representatives of trade union wings of the workers and officers of the organisation. Addressing a press ... More SCIENCE & TECHNOLOGY Chemical institute earns Rs 17 cr for project work THE Hyderabad-based Indian Institute of Chemical Technology (IICT) has earned Rs 17 crore for project work from both public and private agencies during the fiscal 2002-03. It has also maintained the top slot with 120 overseas patents, among the ... More MINERALS KMML on expansion spree Move to scale up presence in global titanium market THE State-owned Kerala Minerals and Metals Ltd (KMML), the only grey-gold company in the State public sector, has drawn up a strategy to gradually increase its presence in the global market for high-quality titanium dioxide at competitive ... More SMALL SAVINGS EPFO plans to set up recovery cell THE Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) is planning to set up a separate Directorate of Recovery for provident fund arrears on the lines of the Directorate of Recovery functioning in the income-tax ... More IPR `Compulsory licensing for drugs augurs well for India' AFTER the success of the Doha Declaration, where public health was put above trade concerns another significant development has been achieved at the World Health Assembly (WHA) recently held in Geneva, with governments agreeing to allow ... More RURAL DEVELOPMENT PMRY getting closer to target in Kerala THE performance of the Prime Minister's Rojgar Yojana (PMRY) in Kerala, the Centrally sponsored scheme that promotes enterprise in the tiny sector of industries, service and business, has improved during 2002-03 with a target achievement of 84 ... More EVENTS International meet on urban lakes THE Hyderabad Urban Development Authority (Huda) is organising a three-day `International workshop on urban lakes' here beginning June 16 to discuss various issues that have a bearing on lakes in major cities. "The ever-expanding cities pose a ... More
EXPORTS & IMPORTS `IT exports moving up quality ladder' THE software and services exports are witnessing an increasingly common scenario of a "reverse technology flow" wherein it is being seen that software companies have higher quality standards than their customers. In an industry update, the ... More
FDA norms irk seafood exporters Appointment of agent in US seen expensive proposition
April export growth encouraging: DGFT TOURISM Domestic destinations turning tourist hot spots THE discovery of India by the domestic traveller seems to have begun in right earnest. With the holiday season now on in full swing, Indians are travelling not only to destinations abroad but also to places as Coorg, Ooty, Cochin, Munnar, ... More
War and virus bring good tidings to domestic tourism Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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