Financial Daily from THE HINDU group of publications
Saturday, June 07, 2003
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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Kerala: `Weak' monsoon onset predicted
THE fact that the `engine' of the seasonal weather system is failing to rev up to specifications is more than reflected in the delayed onset of the southwest monsoon, already behind schedule by more than a week. According to Mr M.D. ... More

ANTI-DUMPING


Float glass imports from China, Indonesia — Domestic industry seeks permanent dumping duty
FLOAT glass manufacturers in the country are hoping that the provisional anti-dumping duty imposed on float glass imported from China and Indonesia will be extended into a permanent arrangement. Following representations from the float glass ... More

AWARDS & HONOURS


Kerala: Ambedkar Media Award set up
THIRUVANANTHAPURAM: The State Government has set up an Ambedkar Media Award for journalists who have been focussing on the problems confronting Scheduled Castes and Scheduled Tribes and highlighting developmental issues concerning these ... More

Cash awards for Central staff wards
THIRUVANANTHAPURAM: Cash awards will be given to the children of Central Government Employees in offices coming under the Central Government Employees' Welfare Coordination Committee (CGEWCC), Thiruvananthapuram, who have scored ... More

ENVIRONMENT


Bengal CM pulls up big industries, auto sector for pollution
THE WEST Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, has ticked off a section of industry for being callous towards environment protection issues. "They are more enthusiastic about profits than pollution control,'' he said at a meeting ... More

EXCISE AND CUSTOMS


Customs restricts DEPB credit to meet tax target
WORRIES on the revenue front are forcing customs authorities to resort to desperate measures to achieve monthly collection targets. While denial of duty drawback claims of exporters is an `accepted' practice followed by the Revenue Department ... More

FOREIGN TRADE


Preferential trade pact with Egypt soon
At present, the two countries are in the process of identifying the sectors where there could be focussed bi-lateral trade. The fourth round of discussion will be examining the "wish list" of commodities that both the countries would like to trade in , Mr Sastry said. More

  • Trade agreement with Mercosur okayed

    INFRASTRUCTURE


    AP: Kanaka Durga Temple trust lends Rs 10 cr for civic works
    TWO civic projects here would be completed thanks to the benevolent gaze of the presiding deity, Goddess Kanaka Durga. The temple authorities, who have deposited over Rs 40 crore in fixed deposits, have agreed to release Rs 10 crore to the ... More

    Kerala Govt urged to build hill highway
    THE Kerala-based Indian Farmers Movement (Infam) has suggested to the State Government that it should initiate steps for setting up a hill highway instead of the express highway. Dr M.C. George, National Trustee of Infam, said that the general ... More

    PETROLEUM


    BPCL in talks with ONGC for joint bidding in NELP
    BHARAT Petroleum Corporation Ltd (BPCL) is in talks with Oil and Natural Gas Corporation Ltd (ONGC) for joint bidding for oil fields in the fourth round of the New Exploration and Licensing Policy (NELP). The move is part of refining and ... More

    IOC campaign for `Diesel Super' in Mangalore
    THE Mangalore divisional office of Indian Oil Corporation (IOC) will be organising a 15-day campaign from June 12 to popularise the `environmental-friendly' diesel `Diesel Super'. The campaign will be organised in 35 petrol pumps in seven ... More

    TEXTILES


    Stock declaration: Textile units get more time
    THE Government has extended the last date for declaration of stock of inputs (as on April 1, 2003) by textile units for claiming one-time Cenvat credit up to June 15. Earlier, the deadline was fixed at May 26. The decision has been taken after ... More

    SSI


    Innovative financing sought for small sector
    THE Credit Guarantee Fund Trust for Small Industries (CGTSI), set up by the Government of India and the Small Industries Development Bank of India (SIDBI), on Friday called for innovative financing tools to pep up inflows of finance into the ... More

    EDUCATION


    PTU distant education plan
    KOCHI: The Punjab Technical University (PTU) is all set to revamp it distance education programme. The university is planning to increase its centres to 2,000 and the course offered to 450. The University was established in 1997 under ... More

  • IIT software lab for MBAs

    REAL ESTATE & CONSTRUCTION


    Govt nod awaited for Andhra Cement Company site sale
    THE Andhra Cement Company unit here, once the only major industry in Vijayawada, which provided employment to many of the citizens and contributed substantially to its growth, is set to pass into history and in its place is proposed a modern ... More

    PAPER, BOARD & NEWSPRINT


    Raw material delay hits notebook supply in South
    Despite the presence of major manufacturers locally, the notebook converters had opted to place their orders for paper with the mills in the North because of the high prices quoted by the local mills. More

    DISINVESTMENT


    Essar Shipping, Videocon submit EoIs for 51 pc stake in SCI
    ESSAR Shipping Ltd and Videocon group have submitted expressions of interest (EoIs) for acquiring a 51 per cent stake in the national flag carrier Shipping Corporation of India. ``We have submitted EoIs for acquiring Government equity in ... More

    Due diligence for Punjab Tractors disinvestment completed
    THE Punjab Government has completed the due diligence process for the disinvestment of Punjab Tractors, the country's second largest tractor company. "The diligence process is almost over, only a few clarifications and queries are being ... More

    FOREIGN DIRECT INVESTMENT


    Apprehension over decision to open up key services sector
    THE Cabinet Committee on WTO's in-principle endorsement of initial offers on a range of services sector on a reciprocal basis, particularly, through encouraging foreign direct investment in these services, would rob Indian opposition to trade ... More

    RURAL DEVELOPMENT


    Geomatics cell opened at NIRD
    THE newly set up Geomatics Cell at the National Institute of Rural Development (NIRD) here was inaugurated today by the Principal Scientific Adviser, Government of India, Dr R. Chidambaram. Dr Chidambaram, who visited the Rural Technology Park ... More

    HUMAN RESOURCES


    TN unveils online job portal
    THE Tamil Nadu Government has launched an online interactive job portal through which the private sector can also access the human resource database available with the employment exchanges. Launched by the Department of Employment and Training, ... More

    EVENTS


  • Hyderabad engagements

    TOURISM


    Nepal to launch religious tourism packages
    THIS summer vacation enjoy not only the natural beauty and shopping experience in Nepal but also pay obeisance at various famous holy places in the Kingdom. In an effort to attract more tourists from India, the Nepal Tourism Board (NTB) is to ... More

    Southern States to seek circular `heritage train'
    REALISING the fact that development of tourism cannot be achieved in isolation, the southern States have decided to work together to promote a common menu of tourist destinations, besides bringing pressure on the Union Government to sort out ... More

    BOOKS


    `Handbook of Jobs' released
    THIRUVANANTHAPURAM: The Publications Division of the Union Ministry of Information and Broadcasting has released a book, titled "A Handbook of Jobs and Careers", authored by Ms Jayanthi Ghosh, eminent writer and career guidance ... More
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    In Focus
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    Pakistan Diary
    Indo-Pak Monitor
    Indo-China Relations
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    NPAs in Banking
    In Depth
    Simple Economics
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    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
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    Books and Reviews
    Looking back
    May. 25-May. 31
    `Consumer interest to be kept in mind on CAS'

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    Maruti IPO process begins on June 12

    Infrastructure projects — Policies still not conducive for pvt investments: Crisil

    Concern over low returns on pension funds

    Stock valuation for RCF disinvestment — Long-term fert policy, feedstock supply hold key


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