Financial Daily from THE HINDU group of publications
Thursday, February 26, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

INDUSTRY & ECONOMY

CLIMATE & WEATHER
IMD to announce annual monsoon forecast on Apr 15
THE India Meteorological Department (IMD) will announce its annual long range forecast of the country's monsoon, using its newly developed eight-parameter model on April 15, according to the Director-General of the Department, Dr S.K. ... More

NON-CONVENTIONAL ENERGY
TN plans windmills in 27 more districts
THE State Government is contemplating to set up windmills in 27 more places in the State to cross the production of 300 MW in the wind farm sector within the current financial year. Speaking to the presspersons at Tirunelveli, near here, the ... More

AUTOMOBILES
Govt to invest Rs 1,600 cr in new auto testing units
THE Government is planning to invest upwards of Rs 1,600 crore towards setting up two new testing centres in the country on the lines of the Automobile Research Association of India (ARAI). According to Government sources, one centre would be ... More

ECONOMY
S&P expects near-term rates to hold
STANDARD and Poor's (S&P) does not expect interest rates to come under pressure any time soon judging from the demand and supply position in the bond market. But going forward, there could be an upward pressure on interest rates if the macro ... More

India's shine lacks lustre, says The Economist survey
INDIA'S economy is revving up, says The Economist survey of India. The flip side to this trend is that the country is not enjoying an investment boom and there are problems like "too big a deficit" and "too few jobs" that are staring at ... More

AP Govt told to boost private investment
THE Institute of Public Auditors of India (IPAI) on Wednesday asked the Andhra Pradesh Government to encourage more private participation in the areas of social infrastructure and review rationalisation of tax structure every three years. Mr V. ... More

EXCISE AND CUSTOMS
Coimbatore mops up Rs 2,403 cr in excise
THE Coimbatore zonal Central Excise comprising five excise commissionerates has mopped up an excise revenue collection of Rs 2,403 crore in 10 months ending January 2004. This is 9 per cent higher when compared with the excise revenue of Rs 2,203 ... More

Kolkata Central Excise sets up service tax task force
THE Kolkata zone of the Central Excise Department is evolving a `new stream of service tax' administration that encompasses as many as 10 Commisionerates, with greater emphasis on voluntary compliance by service providers. Participating in an ... More

FOREIGN TRADE
Digital signature facility in Madurai
MADURAI: The Additional Export Commissioner, Mr R. Buhril, launched `digital signatures' facility for exporters and importers, at a seminar here. Launching the facility, he said exporters and importers should have the digital certificate ... More

  • Seminar for exporters in Kochi

    HEALTH
    UB affiliate bets on telemedicine
    YOU may be scaling the Mount Everest, but your critical cardio-vascular statistics could be monitored in faraway, John Hopkins University in the US. That's the power of telemedicine. The telemedicine market in India has been estimated to be at ... More

  • Shoulder replacement surgery

    POWER
    PTC to talk to pvt players for trading surplus power
    POWER Trading Corporation (PTC) will begin negotiations with captive power producers (CPPs) in order to trade the estimated 10,000 MW surplus power that the CPPs have. Stating this, the PTC Chairman and Managing Director, Mr Tantra Narayan ... More

    STEEL
    SAIL, RINL may broadbase Australian coal supplies — Mull imports from Canada, Poland
    PUBLIC sector steel producers Steel Authority of India Ltd (SAIL) and Rashtriya Ispat Nigam Ltd (RINL) are trying to broadbase their coal supplies from Australia and are also studying options of importing coal from Europe and Canada. According ... More

    Secondary steel industry wants import duty cut further
    THE secondary steel industry is not satisfied with the Government's move to bring down import duty by just five per cent. They feel it is too little and more should have been done. "A reduction of five per cent is not sufficient to ensure the ... More

    TEXTILES
    SITRA to fabricate fibre unit for Tripura SHG
    THE South India Textile Research Association (SITRA), involved in research and development in non-conventional fibre development, has offered to fabricate and supply to a Tripura-based women self help group (SHG) a fibre extraction machinery for ... More

    WATER
    Lessons on water management
    KOCHI: The Central Water Commission organised a training programme here for schools teachers on water management. The programme, which 50 schoolteachers attended, was meant to generate mass awareness on the scarcity of fresh water. The ... More

    COAL
    CIL asked to make coal available for BPL families
    THE Government has asked Coal India Ltd to make coal available for domestic consumption to families below the poverty line. The modalities of the scheme are yet to be worked out, but the move is expected to provide relief to poor households in ... More

    EDUCATION
    Scholarships mooted for IIM studies
    SCHOLARSHIPS and easy loans are a better option to make management education at IIMs more accessible, according to senior corporate leaders. Reducing fees at IIMs to Rs 30,000 per annum will not necessarily make these institutions accessible to ... More

    IIT Kharagpur to set up disaster management centre
    THE Indian Institute of Technology, Kharagpur (IITK), is setting up an exclusive Centre for Disaster Management, according to Dr S.K. Dube, Director. To be functional from July 2004, the Centre, perhaps the first among the IITs, would be set ... More

    IBM launches TryScience Kiosk
    CHENNAI: IBM India on Wednesday launched its TryScience Kiosk at B.M. Birla Planetarium, Tamil Nadu Science and Technology Centre. Based on the www.tryscience.org Web site, the kiosk is an online ... More

    INDUSTRY ASSOCIATIONS
    Assocham inks MoU with Karachi chamber
    THE Associated Chambers of Commerce and Industry (Assocham) on Wednesday signed a memorandum of understanding (MoU) with the Karachi Chamber of Commerce and Industry (KCCI) to promote trade, investment and economic relations between India and ... More

    `Legal system should be supportive of entrepreneurial efforts'
    MR Justice Devinder Gupta, Chief Justice of Andhra Pradesh High Court, has called upon the Federation of Andhra Pradesh Chamber of Commerce and Industry (Fapcci) to strive hard to maintain the public confidence in the economic ... More

    TEXTILE MACHINERY
    Textile engg industry seeks level field
    THE textile engineering industry is seeking the removal of anomalies and a restructuring of fiscal levies to allow it a level-playing field in the domestic market against foreign suppliers. Mr Sanjay Jayavarthanavelu, Co-Chairman, Federation of ... More

    GRANITE & MARBLE
    `Granite industry continues to shine'
    THE boom period for the granite industry, which started in 2002-03, is continuing even in the current fiscal. Granite exports from the country are expected to register a 20 per cent increase over the previous year as the Indian products have ... More

    HEALTHCARE PRODUCTS
    `Good scope for Indo-Pak co-op in healthcare sector'
    INDIA could capture the $3-trillion global healthcare industry and there is potential for co-operation between India and Pakistan, said Mr Vinod Khanna, Union Minister of State for External Affairs. Delivering the inaugural address at the ... More

    DISINVESTMENT
    Divestment process to start ticking soon for HMT cos
    TWO units of the state-owned HMT Group — HMT Tractor and HMT International — could be put on the divestment block in a couple of months, according to Government sources. "Expressions of interest (EoI) to sell off both the units is ... More

    WTO
    `Services must be part of WTO framework pacts'
    SERVICES would have to be necessarily included in any framework agreement that is being attempted by the US and the European Union (EU) to bring the multilateral talks at the World Trade Organisation (WTO) back on rail, Mr S.N. Menon, Special ... More

    RURAL DEVELOPMENT
    VC funding for youth — Women SHGs set to take up mini-hydel projects in AP
    IN a series decisions the Andhra Pradesh Government will allow women self help groups (SHGs) to get into power generation with mini-hydel projects, announced a new youth empowerment policy that seeks to provide linkages with venture funding and ... More

    Lokenath Mission centre in Hyderabad
    HYDERABAD: Lokenath Divine Life Mission, with its experience in the areas of upliftment of the urban and rural poor through the spread of education, health and micro-credit, plans to open a centre in Hyderabad, according to a press ... More

    Banks urged to meet Rozgar Yojana targets
    RESERVE Bank of India has urged banks to expedite the meeting of targets as stipulated in the Prime Minister's Rozgar Yojana (PMRY). In a circular issued to the chiefs of all commercial bank's here on Wednesday, the apex bank has said, "The ... More

    EVENTS
    CII to organise seminar on employee involvement in Kochi
    THE Confederation of Indian Industry, Kerala, is organising a one-day seminar on `Kerala's high performance workplace through employee involvement' here on Saturday. The objective of the seminar is to unleash and to share the experiences of ... More

    Chinese products expo in Mumbai
    THE China Council for the Promotion of International Trade (CCPIT) organised its first exhibition in Mumbai this week, showcasing industrial and consumer products from China. The exhibition, jointly organised by Worldex India/China, is being ... More

  • In Hyderabad today

    EXPORTS & IMPORTS
    Maharashtra hikes sugar export subsidy
    THE Maharashtra Government has decided to give a subsidy of Rs 250 per quintal for exports to the State sugar co-operative mills for the current season (2003-04), from November 1, 2003, official sources said. This will be given in addition to ... More

    Non-availability of ships hits corn exports
    CORN (maize) exports from the country have slowed down as global buyers are delaying taking delivery of their consignments due to non-availability of ships. On the other hand, a higher aflatoxin level is proving to be a deterrent in entering ... More

    Domestic demand, high price continue to mar spices export
    THE downward trend continues in export of spices from the country with the decling touching Rs 280 crore during April - January of the current fiscal. Given the situation, total exports during the current fiscal are certain to remain far below ... More

    TOURISM
    Ponda beauty
    Fishermen cast their nets in the backwaters of Mandovi River in Ponda, Goa. The river connects the islands of Chorao, Divar, Jua and Cumbarjua, each of which is a tourist ... More

    Sunset cruise
    Foreign tourists on a sunset cruise in the waterways in Kochi. As per the figures available from the Tourism Department, as many as 1,42,915 tourists from various countries visited various destinations in Kerala since November last fetching a ... More




    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line

  • Pick a Winner Stock Market Contest

    Top Stories
    Stone laid for Infosys' second centre in Chennai


    Double standards in nuclear proliferation

    Non-availability of ships hits corn exports

    Tata Motors' Korean buy to boost China plans

    India's shine lacks lustre, says The Economist survey

    `Granite industry continues to shine'

    Looking back
    Feb. 15-Feb. 21
    GAIL offer to open on February 27, ONGC March 5

    Eli Lilly's ED drug likely to face clones' onslaught

    Heavy duty trucks drive commercial vehicle segment

    `Urbanisation, lifestyle changes will drive growth'

    `Slovenia joining EU will open up opportunities for India'

    Tile majors chart growth strategy

    Retail investors may get discounts on some sell-offs, says Shourie

    Free trade pact with Singapore likely after polls

    Dumping duty on shrimp imports unfair, says industry

    `World steel output may cross 1-b tonne'

    Service tax audit now extended to all taxable services

    New schemes for emerging export streams on anvil

    5-mt crude buffer at Vizag, Mangalore: Naik

    Centaur deal: Shourie denies `under-pricing'

    Govt wary about allowing Chinese biotech imports

    `Real estate boom in metros riding on BPO'

    CCMB breakthrough could help cancer therapy


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

    Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line