Financial Daily from THE HINDU group of publications
Thursday, September 18, 2003
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INDUSTRY & ECONOMY

CLIMATE & WEATHER


  • Cloud seeding in Anantapur

    ECONOMY


    S&P sees positive trends
    INTERNATIONAL ratings services, Standard & Poor's on Wednesday said the "generally positive trends have become apparent in the third quarter of 2003" in Asian countries, including India. The comments are contained in a review of Asia-Pacific ... More

    Fallout of SC verdict on HPCL, BPCL divestment — Finance Ministry allays fears over fiscal deficit target
    PUTTING up a brave front, the Finance Ministry today said that it was premature to conclude that the Supreme Court's ruling against privatisation of HPCL and BPLC without seeking Parliamentary approval would lead to slippages in the Centre's ... More

    Vast scope for non-tax revenue in Kerala: Study
    KERALA has the scope for increasing non-tax revenue through higher user charges as the prevailing rates for public services are at lower levels, having been fixed long ago. The factors responsible for the low non-tax revenue, according to a ... More

    World Bank report calls for prudent fiscal management
    THE World Bank's economic report on `India: Sustaining reform, reducing poverty' has prescribed steps to achieve higher growth and has stressed on the need to improve delivery of health, water, sanitation and educational services for continuing ... More

    Karnataka seeks debt stabilisation package — Call to hike divisible pool devloution to 40 pc
    THE Karnataka Government today sought a debt stabilisation package to provide relief to the States. In a presentation to the Chairman of the 12th Finance Commission, Dr C. Rangarajan, the Chief Minister, Mr S.M. Krishna, said such a fund would ... More

    ENVIRONMENT


    Environment Ministry invites objections for simplifying CRZ Act
    THE Udupi MP, Mr Vinaykumar Sorake, said here that the Union Ministry of Environment and Forests has invited objections for simplifying the Coastal Regulation Zone (CRZ) Act. Attending a `public contact meet' of the Mangalore City Corporation ... More

  • Greenwashing corporate crimes

    EXCISE AND CUSTOMS


    Filing excise return made easier
    COME October 1, manufacturers of excisable goods may find the process of filing their statutory return with the excise department less taxing. The excise department has now come up with a unified and simplified one page statutory return that ... More

    FOREIGN TRADE


    Chennai to host Austrade show from Sept 26
    THE Australian Trade Commission (Austrade) will hold an exhibition of products made by Australian SMEs in Chennai on September 26, according to Mr A.K. Thareen, head of Austrade, Chennai. Fifty-four Australian SMEs will exhibit their wares in ... More

    HEALTH


    Kolkata to host global programme on AIDS
    KOLKATA is to host a three-day international conference on "Building a multi-sectoral response to the HIV epidemic through sharing" from September 22. The West Bengal State AIDS Prevention & Control Society (WBSAPCS) is organising the meet in ... More

    PETROLEUM


    Oil marketing cos looking forward to price reduction
    WITH crude oil prices dropping to a four-month low, hovering in the range of $27 per barrel, public sector oil marketing companies will have to undertake a reduction in prices of petrol and diesel if this southward price trend continues till ... More

    TEXTILES


    Texprocil hails EU move on bed linen imports
    THE Cotton Textiles Export Promotion Council (Texprocil) has welcomed the decision of the European Commission (EC) terminating the ongoing partial interim review and also the expiry of the anti-dumping measures imposed on imports of cotton type ... More

    SSI


    Kerala: Banks urged to be liberal in offering loans to SSIs
    THE Kerala State Small Industries Association has suggested that banks should expand its lending activities to small and medium enterprises more liberally. Banks should institute sound and robust risk management practices. No financial ... More

    WATER


    AP Govt mulls panel to study Almatti impact
    THE Andhra Pradesh Government is contemplating to appoint a high-level committee comprising irrigation and energy experts to study the impact of Almatti reservoir in Karnataka on the hydel power generation in the State, according to the State ... More

    RADIO/TV


    The wait before they go pay again?
    With the offtake of set-top boxes being poor, Tamil pay channels take shelter under a special free mode for fear of hurting advertising revenues. It's now wait-and-watch time for them. More

    EDUCATION


  • Osmania varsity to offer MBA

    HCV/LCV/TRACTORS


    Tractor sales down 17.8 pc in Q1
    LAST year's poor monsoons continued its negative impact on the domestic tractor industry, with industry sales falling 17.8 per cent during April-June 2003. Companies whose sales were hit adversely in the period included Mahindra and Mahindra, ... More

    REAL ESTATE & CONSTRUCTION


    ICRA to grade real estate, construction in SAARC region
    CREDIT rating agency ICRA has signed a memorandum of understanding (MoU) with the SAARC-Chamber-Construction Industry Council to provide construction grading services to countries in the region. According to Mr Amul Gogna, Executive Director, ... More

    HANDLOOM


    Madurai handloom workers seek relief
    THE handloom workers of Madurai have urged the Centre and State Governments to withdraw the levy of taxes on yarn and control yarn prices. A meeting of the representatives of several handloom workers' unions here recently stressed that the ... More

    KNITWEAR & HOSIERY


    Tirupur customs agents to hold awareness meet
    WITH rise in imports of machinery and accessories and the potential for enhancing exports of finished garments to and from Tirupur, the Tirupur-based Customs House Agents Association (CHAA) is set on educating the members in the logistics chain ... More

    DISINVESTMENT


    Speed up legislative process for oil PSUs' divestment: FICCI
    THE Federation of Indian Chambers of Commerce and Industry (FICCI) has urged early completion of legislative process towards disinvestment of HPCL and BPCL. FICCI'S Senior Vice-President, Mr Y.K. Modi, in a reaction to Tuesday's Supreme Court ... More

    SC ruling may slow down privatisation: CII
    THE President of the Confederation of Indian Industry (CII), Mr Anand Mahindra, has said the Supreme Court judgment on the disinvestment of HPCL and BPCL will push back the time schedule of the privatisation process. In a statement, Mr ... More

    FOREIGN DIRECT INVESTMENT


    India moves up in Kearney's FDI Confidence Index
    "While the higher ranking indicates that there is greater interest among investors to look at India as an investment destination, the actual inflows are, however, a function of many other factors that investors look at before bringing in their inves tments," Mr Laudicina said. More

    HUMAN RESOURCES


    `Right to employment crucial for achieving right to food'
    Dr Dev argued that right to employment was crucial for achieving right to food. More

    INDUSTRIAL POLICY


    `TN industrial policy will lower production costs'
    THE Tamil Nadu Government's industrial policy which looks to upgrade transport infrastructure such as airports, seaports and major traffic corridors would help lower transaction costs for the manufacturing industry, thereby lowering production ... More

    EVENTS


  • Hyderabad Engagements

    ECONOMIC OFFENCES


  • AP: Stamp scam snowballs
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
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  • The Hindu eBooks

    Pick a Winner Stock Market Contest

    Top Stories
    SC ruling may hit divestment of insurance cos


    Banks differ with RBI on housing loans

    `TAMP must continue in present form as regulator'

    Gold prices seen breaching $400-mark
    Indian offtake may peter out, says GFMS


    Tractor sales down 17.8 pc in Q1

    India moves up in Kearney's FDI Confidence Index

    In Focus
    Cola Controversy
    The Cable tangle
    Indo-China Relations
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    In Depth
    In Kashmir
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Corporate Governance

    Looking back
    Sep. 7-Sep. 13
    Auto parts cos wilt under increasing steel prices

    Uncertainty over coal capacity in Tenth Plan

    SME new thrust area for tech cos

    WTO drugs deal: Does it really benefit developing countries?

    Tyre cos seek rubber export subsidy review

    Holograms aren't for products alone — Govt depts too seek stamp of safety

    Turnkey telemedicine solutions from Apollo

    7% rise in indirect tax collections in April-August

    Will water take on colas?

    After neighbourhood papers, it's now TV channels in TN

    Where is manufacturing headed?

    Industry posts 5.6 pc growth in July

    Culprit genes may hold cancer clues

    No hike in LPG, kerosene prices this fiscal


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