The Hindu Business Line : Sunday, December 28, 2003

Annus Mirabilis for investment
Anything that the investor touched in 2003 turned to gold. This midas touch however is unlikely to work in 2004. Risk containment measures are likely to play an important role. It is necessary to remember that what you lose in a market downturn will decide how much you add to your wealth than what you gained in 2003. More

ECONOMY

Merge coal, steel, oil Ministries: Panel
The report also outlined the administrative mechanism by which the task force is to be formed. More

ICAI theme for regional meet `not befitting'
THE former Congress Chief Minister of West Bengal and a legal practitioner, Mr Siddhartha Sankar Ray, criticised the members of the eastern regional council of the Institute of Chartered Accountants for selecting the theme `Resurgent India - ... More

`Use forex reserves to further reforms'
THE former Union Finance Minister and leader of the Congress Jananayaka Peravai, Mr P. Chidambaram, has urged the Centre to immediately act on the swelling forex reserves in furthering the economic reforms. Stating that the reserves would rise ... More

ELECTRONICS

Electronic exports post 200% growth in six years
EXPORT of electronic components from India has touched Rs 2,400 crore during 2002-03 as more multinational companies have outsourced components from the country, according to the Electronics and Computer Software Exports Promotion Council ... More

PHARMACEUTICALS

Bilcare drive to find proper packing material for drugs
EVERY natural product, be it a vegetable or a fruit, comes with a unique outer layer that sends messages about the contents. When Mr Mohan Bhandari consumed medicines, he thought it odd that different medicines had similar packaging, thereby ... More

EDUCATION

Plan panel wants educational loans at lower rates
PARADOXICAL though it might sound, the fact remains that while the rates of interest in consumer sectors like housing and car purchase hover around 7 per cent to 8 per cent, educational loans suffer from the high prevailing rates of ... More

INDUSTRY ASSOCIATIONS

RBI urged to fix collection rate for outstation cheques
THE Indian Chamber of Commerce and Industry (ICCI) has urged the Reserve Bank of India to fix the collection charges for outstation cheques as banks are charging high amounts from customers for collection of outstation cheques. ICCI said that ... More

SCIENCE & TECHNOLOGY

BrahMos missile set for production
THE supersonic cruise missile — BrahMos — is now ready for production. The commercial sale would happen next year, Dr. A. Sivathanu Pillai, CEO and Managing Director, BrahMos and Chief Controller (R&D), Defence Research and ... More

CERAMICS

Ceramic tile makers want duty cut on raw material imports
THE Indian Council of Ceramic Tiles & Sanitaryware (ICCTS) has urged the Centre to reduce the customs duty on imported raw material from 25 per cent to 10 per cent. At present, the import duty on raw material as well as imported ceramic tiles has ... More

WATCHES & ACCESSORIES

Watch industry upbeat on future
AFTER two years of stagnation and dip in some segments, the country's watch industry is set to grow at about 9 per cent-11 per cent in 2004, according to Mr Kapil Kapoor, Regional Director, Timex, South Pacific and India. Mr Kapoor, who was ... More

EVENTS

1,000 delegates expected to participate — NRI/PIO meet to open on Jan 9
THE second Pravasi Bhartiya Diwas, a convention of non-resident Indians and persons of Indian Origin (PIO) being organised by the Government in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI), is expected to ... More

ENTREPRENEURSHIP

YES Academy lines up $230,000 worth projects
THE YES Academy, which was launched here during the recently concluded four-day YES (Youth Empowerment Summit) Regional Summit, has lined up 10 projects worth $230,000 to study the employability of various segments and opportunities for ... More

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