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Saturday, February 05, 2005

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INDUSTRY & ECONOMY

SOAPS & DETERGENTS


Nirma, Henko also to cost more
"With the prices of an ingredient likely to continue their upward spiral, there could be another round of price increase." More

BUDGET


Modest tax effort in Kerala budget
THE imposition of 10 per cent luxury tax on marriage halls and related services, concessions in agricultural income tax, addition of a slew of items to the entry tax list and reliefs to small traders under value-added tax (VAT) regime are some of ... More

Kerala Budget: CII dubs it `directionless'
THE CII-Kerala has said that the Kerala Budget 2005-06 lacks direction with no concrete proposals to check the alarmingly increasing revenue deficit. The total debt of the State has increased four-fold in the last decade from Rs 10,113 crore ... More

Chambers hail Kerala Budget
THE Cochin Chamber of Commerce and Industry has welcomed the decision of the Government to present a full Budget without invoking the vote on account provisions in the Constitution. This would lead to a systematic expenditure planning and this ... More

ECONOMY


Inflation declines on cheaper food, edible oils
THE annual wholesale price index-based inflation dropped by 0.05 per cent to 5.37 per cent for the week ended January 22, mainly due to cheaper vegetables and fruits, edible oils, fuel and manufactured products. The point-to-point inflation index ... More

EXCISE AND CUSTOMS


CBEC working on single data centre
IN a year's time, trade in India would be dealing only in the electronic form with all issues related to the Customs, Central Excise and service tax. The Central Board of Excise and Customs (CBEC) has taken up massive information technology ... More

FOREIGN TRADE


African team calls for strengthening of bilateral ties
A 16-member high-level delegation of African envoys has called for mutual cooperation for the benefit of the two regions. The delegation, which is on a four-day visit to Andhra Pradesh, is discussing business and other areas for bilateral ... More

Congo team in talks with Ranbaxy to buy drugs
THE Congo Government is now looking at India to source drugs and essential medicines. It is in the advanced stage of finalisation of a deal with the New Delhi-based Ranbaxy Laboratories Ltd. A high-power Congo delegation led by its Minister of ... More

PHARMACEUTICALS


Elected to Pharma Society
HYDERABAD: Dr Prakash V. Diwan, Deputy Director & Head, Pharmacology Division of the Indian Institute of Chemical Technology (IICT), here has been elected General Secretary of the Indian Pharmacological Society for a period of three years ... More

POWER


  • KSEB plans for Cherthala town

    TAXATION


    Karnataka Assembly passes VAT Bill
    THE Karnataka Legislative Assembly on Friday passed the Karnataka Value Added Tax (Amendment) Bill, 2005, thus giving effect to the decisions taken at the national level to replace the existing sales tax system. VAT will come into force form ... More

    TEXTILES


    Investors in powerloom parks looking for bridge loan facility
    INDIVIDUAL investors taking up projects in the proposed hi-tech powerloom weaving park projects in Tamil Nadu have mooted a proposal to avail themselves of bridge loans to meet timely capital infusion needed for the decentralised weaving ... More

    SSI


    Mangalore fashion institute to hold `Khadi Walk'
    THE Mangalore Institute of Fashion Technology will hold a `Khadi Walk' from the college premises to the office of the Deputy Commissioner on February 19. According to a press release by the institute here on Friday, the walk is being organised ... More

    WATER


  • Stir against lake reclamation

    EDUCATION


    Minister wants research at university level enhanced
    THE Union Minister for Information, Broadcasting and Culture, Mr S. Jaipal Reddy, has called for efforts to encourage research on university campuses. Regretting that research is being confined to specialised research institutions, neglecting ... More

    Bangalore to host education fair from Feb 26-28
    THE first Global Education and Training Exhibition (GETEX), an extension of GETEX - Dubai, Asia's largest Student Recruitment Exhibition, will be held from February 26-28 here. The event, organised by the International Conferences and ... More

    REAL ESTATE & CONSTRUCTION


    `FDI reforms can pump $1-1.5 b into realty'
    The real estate industry, which has long been pressing for FDI in all real estate projects, including stand-alone ones, is now pinning its hopes on the Union Budget 2006, which is just around the corner. More

    FOREIGN DIRECT INVESTMENT


    `Good response to India as investment destination'
    INDIA and like-minded developing countries which met in Davos recently would come out with a united position on agriculture in their forthcoming meeting in New Delhi in March 2005 besides exchanging views on other issues like non-agricultural ... More

    SOCIAL WELFARE


    Contributory pension scheme to cover all Kerala Govt employees
    THE contributory pension scheme will be extended to cover all employees joining Government service with effect from April 1 this year in the State. The Finance Minister, Mr Vakkom Purushothaman, announced this while presenting Budget 2005-06 ... More

    RURAL DEVELOPMENT


    Oracle to link Orissa panchayats
    THE Panchayati Raj Department of the Government of Orissa has engaged Oracle India to build an integrated IT infrastructure to connect 314 blocks and 30 District Rural development Agencies in the State. The idea is to cover all the 6,234 gram ... More

    EVENTS


    `Chartered accountants must strive for global competitiveness'
    WITH the services sector assuming a dominant share in the country's gross domestic product, newer opportunities were opening up for chartered accountants, particularly in the area of export of accountancy services. Stressing on this point in ... More

    Plastics exposition to be held in Chennai from Feb 25-28
    AN Indian plastics exposition, "IPLEX `05" will be held from February 25-28 in Chennai at the Trade Centre, Nandambakkam. The plastics exhibition is being organised for the first time in South India and especially in Chennai. The exhibitionoffers ... More

    Rolls Royce to have strong presence at Bangalore air show
    ROLLS Royce, bullish on the prospects in the Indian market, is to have a strong presence at the Aero India air show. The five-day air show opens in Bangalore on February 9. Addressing a press conference, the Managing Director, Rolls-Royce ... More

    Coimbatore to host biennial show on subcontracting
    THE biennial subcontracting show styled `Subcon 2005' is expected provide the opportunity to the small scale units to explore the possibilities of becoming preferred vendors of large and medium enterprises. The event to be held from February 17 ... More

  • In Hyderabad today

    INCOME TAX


    I-T Department sets higher target for TN
    THE Income-Tax Department has increased its target fixed for Tamil Nadu this financial year. The net revenue has reached Rs 8,000 crore and is expected to reach Rs 9,000 crore by the end of the year, according to the Chief Commissioner of ... More

    EXPORTS & IMPORTS


    Vegoil imports increase
    VEGETABLE oil imports last month touched four lakh tonnes, thanks to a decline in international prices. In the previous two months, imports averaged a little over three lt a month. According to estimate made available to Business Line by ... More

    Amul aims at trebling milk exports this year
    PURSUING an ambitious target to market Amul milk in 50 cities across the country, the Gujarat Cooperative Milk Marketing Federation (GCMMF) is also striving to enhance its presence in the overseas milk market. From Rs 50 crore last year, GCMMF is ... More

    NATURAL CALAMITIES


  • Health Dept reflects on tsunami
  • Contributions to The Hindu Relief Fund

    TOURISM


    Training for tourist cabbies
    AS part of Athidi Devobhava campaign, the Union Ministry of Tourism will be holding a capacity building programme for drivers of auto-rickshaw and cars, beginning February 6. "We will tell them how to deal with the tourists. We will teach them ... More

    ECONOMIC OFFENCES


    `Black' is not beautiful
    The black money menace needs to be handled administratively and not merely by legislation, says T. N. Pandey More


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    Top Stories
    `FDI reforms can pump $1-1.5 b into realty'


    BSNL challenges TDSAT order on extending tariff cut to pvt operators

    Pantaloon to pick up 49 pc stake in Planet Sports for Rs 14. 2 crore

    Inflation declines on cheaper food, edible oils

    Market intervention to hold prices — Procurement may cost Cotton Corp Rs 325 cr

    Nirma, Henko also to cost more

    Vegoil imports increase

    Ministry cuts cargo charges for coastal vessels by 40 pc

    In Focus

    BHEL Disinvestment
    The Yuan Revaluation
    Dabhol power regenerated
    Tracking the rains
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Jan. 23-Jan. 29
    Fall in passenger carrier sales hits 3-wheeler industry growth

    Manufacturing segment records strong growth in H1: CII survey

    Tamil channels ride high on dubbed English movies

    Petro product sales grow 1.5 pc in Dec

    Survey finds upheavals, subsidence in Andamans

    GoM meet on gas price hike for fertiliser, power units inconclusive

    On track to $50-b export goal: Maran

    `Govt to sign more customs cooperation pacts'

    Tea exports decline drastically; imports up

    Textile sector can touch $100 b post-MFA: Study

    Govt may hike subsidy for single super phosphate units

    Hill highway to boost Kerala's rural economy

    VAT group to submit report by Feb 15


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