Financial Daily from THE HINDU group of publications
Saturday, April 02, 2005

News
Features
Stocks
Port Info
Archives
Google

Subscription

Group Sites

INDUSTRY & ECONOMY

RESEARCH & DEVELOPMENT


BITS centre for research
BANGALORE: Birla Institute of Technology & Science (BITS) and Rochester Institute of Technology (RIT), based in Rochester, New York plan to set up a centre for applied research and professional excellence. Called the BITS-RIT APEX ... More

ECONOMY


Cheaper fuel prices pull inflation down to 5.11 pc
THE annual wholesale price index-based inflation fell to 5.11 per cent during the week ended March 19, from the previous week's level of 5.23 per cent. The year-on-year inflation fell by 0.12 per cent during the week mainly on account of a ... More

Mid-term review lays stress on farm growth
THE mid-term review of the 10th Plan (2002-07) has laid stress on revival of agricultural growth and rejuvenation of farm support system, pointing out that achieving a GDP growth rate of 8 per cent would critically depend on achieving higher ... More

PETROLEUM


Govt likely to expand Vizag, Paradip refineries' capacity
THE Petroleum Minister, Mr Mani Shankar Aiyar, has said that the Government would examine the prospects of expanding the capacity of HPCL's Visakhapatnam refinery and the proposed IOC refinery at Paradip for bringing in Saudi Aramco as equity ... More

STEEL


SAIL, Tata Steel raise prices
DOMESTIC steel manufacturers have increased steel prices effective from Friday. Largest domestic manufacturers Steel Authority of India Ltd (SAIL) has raised hot-rolled steel coil prices by around Rs 2,000 per tonne while the second largest ... More

TAXATION


20 States migrate to VAT amid traders' protest — 8 States yet to come on board
UNFAZED over the three-day nationwide agitation against value added tax (VAT), 20 States and major Union Territories such as Delhi and Pondicherry migrated to a VAT regime on Friday. Eight States are yet to come on board for implementing the ... More

Rubber imports may come down under VAT regime
AS value added tax (VAT) comes into force in Kerala from Friday, rubber trade has moved into a lower tax regime which experts say will benefit growers and user industries alike. Under the VAT, natural rubber will have only four per cent ... More

VAT: `Tally mela' on compliance in Delhi
THE Union Minister of Industries, Mr Elangovan, on Friday visited Tally Mela here. Tally Solutions is conducting a host of `Tally Melas', across 10 cities around the country with a view to educate the business community and individuals on Value ... More

Chambers urge States to switch to VAT
INDIA Inc on Friday welcomed the migration of majority of the States to a value added tax (VAT) regime, terming such a move as a historic step. In a statement, the President of the Federation of Indian Chambers of Commerce and Industry ... More

Talks fail; Kerala traders lay siege to Secretariat
ACTIVISTS of the Kerala Vyapari Vyavasayi Ekopana Samithi (KVVES), representative body of the trading community in the State, laid a day-long siege to the State Secretariat building here on Friday, the third day of their "shutters-down" strike, ... More

Chambers hail VAT
THE Confederation of Indian Industry (AP), Federation of AP Chambers of Commerce and Industry (FAPCCI) and Federation of Indian Chambers of Commerce and Industry (FICCI-AP)have welcomed the new tax system that came into force on Friday. Terming ... More

VAT: AP Govt promises efficient refund mechanism
EVEN as dealers and consumers are grappling with the VAT regime that came into force on Friday, the Andhra Pradesh Government has promised that it would work on an efficient refund mechanism, the key component of the new tax system. Speaking to ... More

Hazy scenario
Will it be dearer or cheaper? As the VAT regime came into force on Friday, there was confusion among shoppers and dealers alike. While customers hesitated to buy electronic gadgets, some dealers predicted an increase of Rs 1,000 in the prices of ... More

Delhi VAT Dept to accept computer generated invoices
THE State-level Value Added Tax (VAT) compliance procedures got a bit simpler in the national Capital territory of Delhi. Delhi has moved to a VAT regime replacing sales tax system from today. The Office of the Deputy Commissioner of VAT, ... More

WATER


65 pc households in cities are water deficient: Study
ABOUT 65 per cent of households in Indian cities are water deficient, according to a study by the Tata Institute of Social Sciences. The study, which covered households across seven major cities, revealed that household water consumption is ... More

CAG finds fault with groundwater conservation project in AP
THE much-publicised `Neeru-Meeru' programme of the previous Telugu Desam Government in Andhra Pradesh has not achieved its primary objective of recharging groundwater. In fact, groundwater levels have actually fallen in eight districts during ... More

Vizag still waiting for Godavari waters
IT has been a long wait for Visakhapatnam citizens for Godavari waters and it is not yet clear whether the waters will quench their thirst at least during the coming summer. However, the waters have already reached the Kanithi balancing ... More

EDUCATION


Classes for diploma holders
THIRUVANANTHAPURAM: The Centre for Continuing Education under the Institution of Engineers (India), Kerala State Centre, proposes to conduct classes for the benefit of engineering diploma holders. According to Mr N. Rajkumar, Honorary ... More

Workshop on algorithms at Thiruvananthapuram
THIRUVANANTHAPURAM: The Kerala Education Grid Resource Centre at the Indian Institute of Information Technology and Management-Kerala (IIITM-K) is organising a workshop on Analysis and Design of Algorithms here on Saturday and Sunday. ... More

FOODS & FOOD PROCESSING


CERC calls for measures to check microbial contamination in foods
THERE is an urgent need to set standards that check microbial contamination in foods as the existing food laws do not address the same, suggested an Ahmedabad-based consumer organisation. Consumer Education and Research Centre (CERC) has made a ... More

MEDICAL INSTITUTIONS & HOSPITALS


Liver transplant at Global Hospitals
MR Abdul Haleem Magdi (48) is one of the lakhs of Egyptians infected with hepatitis C that may lead to liver cirrhosis and cancer. About 20 per cent of the 62 million Egyptians suffer from hepatitis C. Doctors say the disease assumed ... More

REAL ESTATE & CONSTRUCTION


More FSI for old Mumbai buildings?
THE Maharashtra Government is considering a hike in floor space index (FSI) from 2.5 to 4 for the redevelopment of 19,000 old buildings in Mumbai city. However, the rider is that the redevelopment would have to be undertaken by the Maharashtra ... More

Chennai suburbs may soon wake up to malls
THOUGH Chennai was considered the retail capital of the country, mall development here had been rather slow. But this would soon change with a number of developers planning to set up malls. At present the city has only one large mall, Spencer ... More

KNITWEAR & HOSIERY


`De-reserving knitting sector will boost technology, investments'
Globally the growth in knitwear consumption and trade has been growing at a faster clip than that of woven garments. More

SOCIAL WELFARE


AP Govt accords extra benefits for the displaced
THE State Government has revised the policy for resettlement and rehabilitation of people whose source of livelihood was substantially affected or who were displaced from their dwellings on account of acquisition of land or acquisition of a house ... More

RURAL DEVELOPMENT


  • Rs 100-cr Nabard loans to AP

    HUMAN RESOURCES


    CII-Coimbatore hails move to allow women work late night
    THE Confederation of Indian Industry (CII) Coimbatore, has held the Centre's decision to amend the Factories Act allowing women workers to attend to late night shifts will kick-start the labour law revamp soon which will make the labour statutes ... More

    EVENTS


  • In Hyderabad today
  • AIMA meet in September

    EXPORTS & IMPORTS


    Bananas, oranges tag on to Maharashtra's export kitty
    THE Maharashtra State Agricultural Marketing Board (MSAMB) is all set to add a few more products to its export kitty. Mahamango, mahaanaar (pomegranate) and mahagrapes have been doing the rounds for the last couple of ... More

    TOURISM


    Move for Buddhist tourism circuit in AP
    WHEN thousands of Buddhists turn up for the international conference Kalachakra at Amaravathi in Guntur district of Andhra Pradesh during early 2006, they could have a glimpse of some of the popular Buddhist sites, renovated and spruced up with ... More


    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Pick a Winner Stock Market Contest

    Top Stories
    Gmail space: One, two,... Infinity?


    IRMA board begins search for new chief — Conspiracy to capture institute, says Kurien

    Indices jump on last day of each quarter to prop up NAV

    Home loans set to grow at 30-40 pc

    Rubber imports may come down under VAT regime

    In Focus

    BHEL Disinvestment
    China's 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
    Mar. 20-Mar. 26
    G-20 adopts New Delhi Declaration

    `India has to focus on building strong corporations'

    New technique to remove cancerous breast tumours

    Coffee exporters, buyers grapple for stocks

    Mumbai port emerging auto exports hub

    GDP may grow 7-8 pc next fiscal: PM

    Maharashtra to slash stamp duty on commodity market transactions, G-secs

    `Common carrier principle to get buried with Petronet India'

    Infrastructure industry index slips 0.6 pc in Feb

    Displacing conventional fuels reduces energy/GDP ratio

    HDFC joins SBI to float real estate venture fund

    Spices export exceeds volume target

    Time to compress rural credit delivery system

    Protocols for automotive electronics — Infosys becomes premier partner in Autosar

    Inflation down despite costlier food items

    Reliance Life sets up cord blood archive

    MNC drug cos patently unhappy with new regime

    Traditional goods push exports up 20 pc


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

    Copyright © 2005, 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