Financial Daily from THE HINDU group of publications
Tuesday, September 30, 2003
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INDUSTRY & ECONOMY

AWARDS & HONOURS


CCMB gets CSIR prize
HYDERABAD: The Centre for Cellular Molecular Biology (CCMB) has won the CSIR `Technology' prize for biological sciences for generating the first transgenic Drosophila (commonly known as fruitfly) expressing human tumour suppressor gene Apc ... More

ECONOMY


Hard decisions vital to curb rise in debt-GDP ratio: Rangarajan
As per the latest data, the combined debt-GDP ratio at the end of 2002-03 is estimated at 76 per cent. More

Karnataka likely to hike user charges on select services
THE Karnataka Government is expected to raise the cost recovery of some of the services, implying a cut in subsidies and hike in user charges. The medium-term fiscal policy (MTFP) applicable for the period 2004-2007 has indicated progressive ... More

Govt plans schemes to boost investments
THE Government of India will bring in schemes to incentivise investments, Dr S. Narayan, Economic Advisor to the Prime Minister, has said. Addressing the Madras Chamber of Commerce and Industry (MCCI) here today, Dr Narayan observed that there ... More

ENVIRONMENT


Coke sludge not hazardous, says Kerala pollution board
THE Kerala State Pollution Control Board (KSPCB) has said that the solid waste generated from the Coke bottling plant in Palakkad district in Kerala would not come under the purview of hazardous waste. Disclosing results of a study conducted ... More

HEALTH


SBI inks pact with Apollo Hospitals
STATE Bank of India (SBI) has entered into separate agreements with the Apollo Hospitals to extend loan assistance for hospital treatment. Addressing a press conference here today after signing a pact with the Apollo Hospitals Enterprise Ltd, ... More

Take note of stroke signs
IF a person has sudden onset of severe "thunder clap" headache (the worst headache of his/her life) associated with nausea, vomiting, giddiness, convulsions and transient coma he or she should visit a neurologist, as this may be a warning sign of ... More

Blindness eradication drive in AP lauded
IMPRESSED by Andhra Pradesh Government's initiative on eradicating blindness in the State, the International Agency for the Prevention of Blindness (IAPB) World Health Assembly has asked all developing countries to emulate Andhra Pradesh by 2005 ... More

PETROLEUM


Inter-State gas pipelines under single co likely
THE draft policy on natural gas pipeline released here today has proposed that all inter-State pipelines will from now on be set up by a single company notified by the Government. For the period that the Government notifies the company, GAIL ... More

`Cairn's Saraswati field may get commercial viability nod in a week'
THE `declaration of commerciality' of the Saraswati field (RJ-ON-90/1) in the Barmer basin of Rajasthan, that has been pending with the managing committee of the Ministry of Petroleum and Natural Gas (MoPNG), is likely to come through in a week's ... More

PHARMACEUTICALS


`Accreditation of labs need of the hour'
THE importance of being quality conscious was underlined more than ever before, with the country's top regulators and the cream of the pharma world pointing out the need to accredit laboratories. There is no system currently in place to make ... More

TAXATION


`Implications of changes in tax system should be assessed'
THE Chairman of the Twelfth Finance Commission, Dr C. Rangarajan, has underscored the need to make an assessment of the revenue implications arising from the proposed taxation system for services, introduction of the State-level value-added tax ... More

TEXTILES


`Post-2005, watch out for textile tariff barriers'
POST-2005, the problems of market access would be in the form of tariff and tariff barriers, which would put India at a disadvantage, according to Mr S.B Mohapatra, Union Textiles Secretary. Speaking at the annual conference of the Apparels and ... More

SSI


Lack of marketing support, working capital hits SSIs
LACK of adequate marketing support and working capital has been identified as the major reason for the closure of a large number of small scale industries (SSIs) in the country, as per the quick results of the Third All-India Census of the SSI ... More

Canara Bank in pact with SIDBI
CANARA Bank has signed a memorandum of understanding (MoU) with the Small Industries Development Bank of India (SIDBI) for co-financing small-scale industries, service sector and for undertaking related infrastructure projects. Canara Bank ... More

RADIO/TV


Zee Tele board okays proposal to broadcast 2 channels from India
THE Board of Directors of Zee Telefilms Ltd has approved the proposal to commence broadcasting of Zee TV and Zee Cinema channels from India. The company has already obtained permission from the Ministry of Information & Broadcasting for the ... More

EDUCATION


Sastraposhini bids to link science with development
`SASTRAPOSHINI', the unique student-enabling programme being launched in select educational institutions by the Kerala State Council for Science, Technology and Environment (KSCSTE), will seek to set right the disconnect between science and the ... More

FOODS & FOOD PROCESSING


`Research-technology linkage essential for development'
THE Chairman of the Atomic Energy Commission (AEC) and Secretary of the Department of Atomic Energy (DAE), Dr Anil Kakodkar, today said that the food-processing sector had a lot of potential to help in the economic growth of the country. "We ... More

MEDICAL INSTITUTIONS & HOSPITALS


Sagar Apollo unveils online insurance billing
THE 250-bed Sagar Apollo Hospital has become the first hospital in the country to adopt electronic processing of insurance claims. The city-based multi-disciplinary super speciality hospital said it has introduced the online system to enable ... More

INDUSTRY ASSOCIATIONS


  • Dr Krishnaraj is new Chairman of ICMF
  • New KASSIA President
  • `Expedite gauge conversion'

    RURAL DEVELOPMENT


    Expert cites lacunae in rural industrialisation
    THE current rural industrialisation policy seems to be more attuned to the interests of specific institutional structures already existing, rather than a clear-cut policy framework looking for appropriate institutional structures, says Dr P.M. ... More

    EVENTS


    Take pride in Indian languages: Advani
    INDIANS should take pride in their languages and learn to express themselves forcefully. Only then can they hope to gain the respect of the rest of the world, said the Deputy Prime Minister, Mr L.K. Advani, here today. He added that this could be ... More

  • Meet on management

    SOCIETY & DEVELOPMENT


    ActionAid India unveils `Karm Mitra'
    `INVEST just 20 minutes and Rs 8.22 each day and create a legacy of a better-balanced society and world without any disparity.' That's `Karm Mitra', a crusade to create a just and more equal society launched here by ActionAid India in the ... More

    INCOME TAX


    Squad set up to locate re-routed I-T files
    THE Income-Tax department, despite all good intentions, seems destined to get in and out of difficult situations, especially when the last date for filing of returns approaches. In this case, the last date for filing of I-T returns is September ... More

    TOURISM


    Waugh to boost Australian tourism in India
    AUSTRALIAN cricketer, Steve Waugh, has been appointed Australian Tourism Ambassador to India to boost awareness of Australia as a holiday destination, according to a news release. Recognising that cricket is the top sport in India, and that ... More

    27.5 pc growth in Kerala tourism
    KERALA Tourism has registered tremendous growth during the first six months of the current fiscal, recording a 27.5 per cent growth compared to the national growth rate of 8 per cent, the State Tourism Minister, Prof K.V. Thomas, has said. At ... More

    Snakeboats to race in Hussain Sagar
    MOVING out of the Kerala backwaters for the first time, the famed snakeboats are going to cruise along the Hussain Sagar waters for four days beginning October 2, promising a visual treat to the residents of the twin cities. Four boats, each 83 ... More

  • Tourism Day celebrations
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    Looking back
    Sep. 21-Sep. 27
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    `£10 b Indo-UK trade target attainable'

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    Cotton textile exports up 8 pc

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    Now, text can be heard as speech over telephone


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