Financial Daily from THE HINDU group of publications
Thursday, March 10, 2005
Financial Daily from THE HINDU group of publications Thursday, March 10, 2005 |
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INDUSTRY & ECONOMY ANTI-DUMPING Mid-term review of dumping duty on Borax Decahydrate THE Designated Authority in the Commerce Ministry has initiated mid-term review of anti-dumping duty imposed on imports of Borax Decahydrate (BDH) originating in or exported from Turkey. In response to a petition filed by the producer ETI ... More AUTOMOBILES Asia to fuel auto demand, says KPMG survey GLOBAL automotive executives have forecast an accelerated financial turnaround for the industry. They expect to reap higher profits this year as against the earlier forecast of 2006-07, according to an annual global survey of automotive leaders ... More BUDGET In the Budget's aftermath Higher disposable incomes have made the marketer's job more difficult. There is constant pressure to keep up with consumers' appetite for more. More ENVIRONMENT YSR's assurance on industry status for effluent treatment RESPONDING positively to the plea of the common effluent treatment plants (CETPs) for conferring industrial status for the sector, the Chief Minister, Dr Y.S. Rajasekhara Reddy, assured the industrialists managing CETPs that the State would take ... More EXCISE AND CUSTOMS Mysore Zone excise revenue collection up 31 pc THE Mysore Zone of Central Excise collected Rs 3,367 crore revenue till the end of February as against Rs 2,562 crore during the corresponding period of the previous year, registering a growth of 31 per cent. The Belgaum, Mangalore and Mysore ... More PSU TELK to remain in public sector THE Kerala Government has decided to retain Transformers and Electricals Kerala Ltd. (TELK) at Angamaly in Ernakulam district in the public sector. The Government had turned down an offer from Siemens to take a strategic stake in the company, ... More PHARMACEUTICALS `Formulate price mechanism for life-saving drugs' With regard to the hike in prices of life-saving drugs by 4 to 6 per cent, the PHD Chamber of Commerce and Industry (PHDCCI) has asked the Government to undertake the process of formulating price mechanism for medicines. Till now, the country ... More POWER PFC board okays debt package for Nagarjuna Power's Mangalore project THE board of the Power Finance Corporation has cleared the debt-financing package for the 1,015-MW power project near Mangalore, promoted by Nagarjuna Power Corporation Ltd (NPCL). Sources said that the Rs 4,400-crore project is now expected to ... More TAXATION States can exempt traders of turnover up to Rs 10 lakh from VAT STATES have now been granted the leeway to exempt dealers with gross annual turnover of up to Rs 10 lakh from coming under the value added tax (VAT) net from April 1. This is double the turnover ceiling of Rs 5 lakh that was proposed in the ... More
`Mandatory invoices on advance payments can prevent misuse'
CII session on VAT in Thiruvananthapuram
Seed out of VAT purview TEXTILES Cheap cotton price weaves pressure on VSF yarn producers YARN producers using viscose staple fibre (VSF) say the cheap prices of cotton exert price pressure on their products, namely 100 per cent viscose yarn/blends as the softening raw cotton prices have forced many VSF spinners migrate to cotton yarn ... More WATER Water levels decline in Kerala THIRUVANANTHAPURAM: Water levels at the three major reservoirs in the State - Idukki, Idamalayar and Kallada - have registered a fall when compared with recordings made a week ago. According to figures released by the Central ... More
Water from Jhanjavathi for Visakhapatnam RADIO/TV IndusInd Media deal with Swiss co comes under scanner INDUSIND Media & Communications Ltd (IMCL)has come under the scanner of the regulatory authorities following the company's request to use share subscription money from Swiss investment company, Kudelski SA, for buying conditional access system .. More
I&B panel to draft Bill for broadcast content regulator EDUCATION 
A litmus testStudents appearing for SSLC exams prepare to enter the examination hall at the Government Girls High School in Ernakulam on Wednesday. For the first time in the country, the exams will be based on the grading system. This year, 5,85,727 students ... More
Kovai Medical Centre, US varsity offer new course CARS 
Financiers upbeat on used car loansUntil last year, lending for `second-hand' car purchases was seen as risky. Question was whether a used-car buyer — presumably of a lower-income bracket — will repay his loan? But now there is empirical evidence to show that this ... More REAL ESTATE & CONSTRUCTION Realty industry sees rise in cost of flats THE real estate industry has warned that the recent Union Budget announcement of imposing service tax on construction of residential complexes, coupled with the impact of increase in levies on steel could result in a 4-5 per cent hike in the ... More
Prospects for construction sector
`Gradual land sales will bring greater value for mill owners' HANDLOOM TDP, BJP stage walkout over weavers' issue THE opposition Telugu Desam and Bharatiya Janata Party members staged a walkout from the Andhra Pradesh Legislative Assembly on Wednesday in protest against what they termed as the indifferent attitude of the State Government towards the plight ... More HOUSING FINANCE `Get products with chilli checked for banned dye before exports' THE Spices Board has advised all the exporters registered with it to get the samples of food products such as pickles produced by them for export checked for the presence of Sudan 1. It has also said shipments could be done only after ... More SCIENCE & TECHNOLOGY `ISRO exploring low-cost access to space' THE Indian Space Research Organisation (ISRO) is exploring methods of gaining `low-cost access' to space, and improving India's competitiveness in the area, according to its Chairman, Mr G. Madhavan Nair. To achieve this, ISRO has to bring down ... More
National award for Kerala scientist NEWSPAPERS & PUBLISHING ABC to interact with media planners on March 16 EVER wondered why some ads are published only in one publication and not in others? The answer is that it is a particular group of professionals in the advertising fraternity that makes a call on which ad goes where and when. Their decision on ... More IPR Kerala CM calls for stringent adherence to IPR `The frequent incidence of bio piracy only goes to reveal the hypocritic attitude of Western scientists towards indigenous knowledge.' More RURAL DEVELOPMENT Interest subsidy for SHGs in AP HYDERABAD: As many as 2,24,635 self help groups (SHGs) in Andhra Pradesh are eligible for interest subsidy up to an extent of 6 per cent on bank loans obtained by them under an incentive scheme announced by the State Government, according ... More EXPORTS & IMPORTS Soya oil tariff cut leads to revenue loss THE recent change in degummed soyabean oil tariff value has created an awkward situation for the Finance Ministry as the move is widely seen to be out of tune with market realities. Worse, it is suspected to have been made with the intention of ... More
Factor in education cess, says Finance Ministry
`Tuna fishing will boost marine product exports'
Best exporter award for BEL, Bal Pharma TOURISM Demand for new tourist circuit in Kerala THIRUVANANTHAPURAM: The Capital City Development Forum has urged the Government to set up a new tourist hub linking Poovar, Kovalam, Sanghumukham, East Fort, Veli, Akkulam, Kadhinamkulam, Papanasam, Thenmala, Ponmudi, Neyyar dam, ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment The Yuan Revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Feb. 27-Mar. 5 UP, Bihar get 30 pc of tax devolutions Gold retail investment demand remains strong Cotton yarn exports begin to dip as made-ups make headway Drug cos hope to cash in on anti-tobacco drives Sharp fall in LPG demand upsets refiners' plans Real estate sector cries foul Centre's market borrowings may rise 68 pc next fiscal Corporate income-tax — A mix of lower tax shelters & rates A recast of personal taxation Law soon to allow banks to issue pref shares Tax savings: Choices galore Exporters not enthused by Budget plans Experts seek rollback of cash withdrawal tax Fringe tax to bite deeper into smaller IT cos `In the right direction for hardware sector' Partnership firms will have to file I-T returns Coal stock position `super critical' at 8 thermal stations Service tax exemption on forex payments to go The logic of tax on fringe benefits, savings TN zone export units' turnover to cross Rs 5,000 cr TN trade, industry bodies want quick shift to VAT Fringe benefit still gives drug industry the chill Software exports from TN to touch Rs 10,000 cr |
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