The Hindu Business Line : Tuesday, September 16, 2003

`Unorganised sector tops job creation'
GOING by India's globalisation experience, Small and Medium Enterprises (SMEs) appear to present the only hope for growth and employment creation. In the year 1999-2000, the organised sector's total contribution to employment was only 8 per ... More

AUTOMOBILES

Car sales slow down in August — Commercial vehicles up 39.3 pc
AFTER five consecutive months of double-digit sales (following the excise cut in the Union Budget), car sales climbed a modest 6.7 per cent in August 2003. While Hyundai and Tata Motors saw an improved performance in the month, market leader - ... More

ECONOMY

Monetary policy has differential effect on States: Study
The differential elasticity, in conjunction with differing industry mixes across States, may account for differential sub-national effects of monetary policy. More

FOREIGN TRADE

CEOs spot several core areas for Indo-Pak ties
THE Indian and Pakistani business community has identified several core areas where more business can be done between the two countries. This emerged after the first meeting of the India-Pakistan Chief Executives Officers (CEOs) Forum here on ... More

PETROLEUM

KRL opposes FACT plea to scrap entry tax on petroleum products
It is advisable to reduce the sales tax rather than to go for abolition of entry tax, says KRL. It still extends 30-day credit facility to FACT without interest and another 30 days with interest at PLR. More

Oil PSUs to share LPG subsidy burden; Reliance spared
THE Government-controlled oil sector companies alone will bear the brunt of the Cabinet's decision to spread the LPG and kerosene subsidy burden beyond Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation ... More

TAXATION

`Patents Controller can certify tax deduction on royalty income'
THE Central Board of Direct Taxes (CBDT) has ruled that the Controller General of Patents, Designs and Trade Marks would be the specified authority for certifying the claims made by a resident individual seeking tax deduction on royalty income ... More

SSI

SSI Ministry to focus on development of clusters
THE Union Ministry of Small Scale Industry (SSI) has decided to support the setting up of a Cluster Development Resource Centre at the National Institute of Small Industries Extension & Training (NISIET), Hyderabad. Stating this, the Secretary ... More

RADIO/TV

State Govts seek more time for CAS rollout
THE State Governments of Maharashtra and West Bengal are to come up with fresh dates for implementing Conditional Access System (CAS) in Mumbai and Kolkata respectively. At a meeting between officials of the State Governments of West Bengal, ... More

Radio City moves court for licence protection
AFTER Star News, it is now the turn of Radio City to seek court protection against the Government's move to cancel the licence for violating the FM radio norms. The Ispat group-owned Music Broadcast Private Ltd (MBPL), which holds the Radio ... More

3 new FM transmitters for Kerala

EDUCATION

Foreign study programme

INDUSTRY ASSOCIATIONS

FAPCCI offers to lend a hand
THE Federation of Andhra Pradesh Chamber of Commerce and Industry (FAPCCI) has said it would help artisans improve quality of the products and perk up designs to make them competitive and tap the Rs 200-crore potential, especially for the lace ... More

HANDLOOM

Hard times for handloom `kora' silk units
WITH hardly 40 days left for Deepavali, the 100 per cent cotton and art silk saree makers here are wondering which way their fortunes will swing this time as the anticipated work orders from wholesalers/master-weavers are yet to flow in. Worse ... More

AGRICULTURAL INSTITUTIONS

Kerala Nabard office shifted

SCIENCE & TECHNOLOGY

Sharad Yadav rules out National Test House merger with IBS
"It would be pointless to destabilise the two premier scientific organisations through a merger," Mr Sharad Yadav commented. More

WTO

Cancun trade talks collapse — Disappointed but not downhearted: Supachai
"Notwithstanding the failure , the negotiations would continue and we will essentially put across India's concerns," said the Commerce Minister, Mr Arun Jaitley. More

NGOs blame rich nations for failure
EVEN as the trade talks collapsed, NGOs immediately came out with a slew of statements blaming the rich world for its total lack of understanding of the dynamics of the evolving developing countries' clout within the WTO on issues dear to them. ... More

Assocham hails India's stand at Cancun
REGRETTING the current deadlock among nations at Cancun over the draft ministerial text, which has led many to fear a demise of the multilateral trading system, the President of the Associated Chambers of Commerce and Industry (Assocham), Mr R.K. ... More

Singapore issues led to failure: CII
THE Confederation of Indian Industry (CII) on Monday ``applauded'' the Commerce Minister, Mr Arun Jaitley, for his ``outstanding performance'' at the World Trade Organisation (WTO) conference in Cancun, Mexico. In a statement, the chamber has ... More

FICCI praises firm stand at Cancun
WHILE regretting the inconclusive outcome of the Cancun Ministerial Conference, the Federation of Indian Chambers of Commerce and Industry (FICCI) has complimented the Indian negotiators for playing a leading role in forming and maintaining a ... More

IPR

Intellectual Property Appellate Board to be set up in Chennai
THE Government has notified the setting up of the Intellectual Property Appellate Board (IPAB) in Chennai. It has notified September 15 as the date for bringing into force the Trade Marks Act, 1999, and the Geographical Indications of Goods ... More

RURAL DEVELOPMENT

Micro-credit and macro risks?
By implementing a transparent scheme that chose beneficiaries regardless of their caste, creed, religion or political affiliation, the Palakkad experience succeeded. More

Ministry, MNES tie-up for rural tech mission
THE Union Power Ministry has joined hands with the Union Ministry of Nonconventional Energy Sources (MNES) to set up the Rural Electrification (Supply) Technology Mission through the decentralised generation system. The objective of the mission ... More

EVENTS

Outsourcing benefits everyone: Advani
THE Deputy Prime Minister, Mr L.K. Advani, has sought to assuage the concerns expressed by the developed countries over the shifting out of jobs to India. Inaugurating the 30th National Management Convention of the All-India Management ... More

Philately expo from Sept 20

EXPORTS & IMPORTS

Jute exports increase 62 pc — But miss Rs 1,000-cr target
JUTE exports in the last financial year 2002-03 registered a growth of 62 per cent compared to the previous financial year but missed the targeted Rs 1,000 crore because of the Iraq war. According to statistics prepared by the Jute Manufactures ... More

TOURISM

Sharjah hopes to sell 5,000 holiday packages in India
THE authorities of Sharjah hope to sell at least 5,000 holiday packages in India during the next six months, senior Government officials said here today. Addressing a press conference here to launch the `Special Sharjah holiday packages' in ... More

PEOPLE

CPWD official gets award
MR J.N. Bhawani Prasad, Director General (Works) of the Central Public Works Department, was conferred the "Eminent Engineers Award" instituted by the Institute of Engineers, here on Monday. The Institute of Engineers, which is the largest ... More

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