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Saturday, April 30, 2005

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INDUSTRY & ECONOMY

FOREIGN RELATIONS


Indo-Japanese Parliamentary Forum launched
THE Indo-Japanese Parliamentary Forum (IJPF) was launched under the auspices of the FICCI by the Minister for External Affairs, Mr K. Natwar Singh, here on Friday. While addressing the meeting Mr Singh said that the two countries could further ... More

ECONOMY


Inflation rises on costlier manufactured products
THE annual wholesale price index-based inflation rose to a four-month high of 5.64 per cent during the week ended April 16 from 5.48 per cent during the previous week. The year-on-year WPI inflation surged by 0.16 per cent mainly on account of ... More

EXCISE AND CUSTOMS


Govt frames new system for Customs, excise reporting
COME May 1 Customs and Central excise field formations would have to conform to a new system of reporting to the Finance Ministry. The new system seeks to ensure greater efficiency, substantial savings in resources of the Revenue Department, ... More

FOREIGN TRADE


`Japanese firms ready to expand in India'
CALLING for co-operation between India and Japan at the bilateral, regional and global levels, the Japanese Prime Minister, Mr Junichiro Koizumi, on Friday said many Japanese firms are willing to invest in India and expand their businesses, ... More

Import surge leaves trade deficit at all-time high
THE country's merchandise exports during 2004-05 touched a record $79.59 billion, fuelled by sustained demand abroad for traditional and non-traditional items, even as the trade deficit also set a record level of $26.6 billion following an ... More

HEALTH


Blood bank info centre
COIMBATORE: The Coimbatore Branch of the Indian Red Cross Society (IRCS) has set up a 24-hour Blood Bank Data Information Centre. Continuous data can be obtained from the Information Centre on blood availability, in all the blood banks ... More

POWER


Reliance Energy for restricted power consumption
FOLLOWING the Maharashtra Electricity Regulatory Commission order of April 26, Reliance Energy in a press release has advised its consumers to restrict their power consumption in May and June. The company has requested consumers to switch off ... More

TAXATION


AP: Plastic industry to get monthly VAT refunds
THOUGH the overall review of VAT (value-added tax) is to take place after July 1, the Andhra Pradesh Government has started fine-tuning the new tax regime. The first benefit goes to the plastic industry, thanks to what the industry calls an ... More

Shutters down for VAT
A scene at Sadar Bazar (a wholesale market) in the Capital on Friday during the traders' bandh to protest against VAT.

More

Maharashtra to review octroi soon
THE Maharashtra Government is planning to review octroi in the State. Proposals for reviewing octroi are actively being considered by the departments of Urban Development and Finance. The Government will clarify its position on the issue by ... More

SSI


SME sector `will benefit from credit policy'
THE RBI Governor's assertion that the apex bank would explore modalities to meet the growing financial needs of the SMEs, the Confederation of Indian Industry (CII), Southern Region, perceives that it would give the much needed fillip for this ... More

WATER


Different joint venture
Kids carrying drinking water on the outskirts of Chennai. With the scorching summer and depleting groundwater levels residents are forced to trek long distances for a pot of water. ... More

EDUCATION


Osmania varsity pact with NGRI
HYDERABAD: The National Geophysical Research Institute (NGRI) and Osmania University (OU) have signed a memorandum of understanding (MoU) to undertake collaborative work in areas of common interest. Dr V.P. Dimri, Director of NGRI, and ... More

CARS


Indians top `intending car buyers' list across Asia
AN online survey by AC Nielsen shows that Indians top the list of intending car buyers across Asia. When compared with their American and European counterparts, Asians were the "most aspirational" when it came to car ownership in the next 12 ... More

HCV/LCV/TRACTORS


AP sending team to Germany for talks with Volkswagen
HOPEFUL of clinching the Volkswagen deal, Andhra Pradesh is sending a high-level delegation to Germany on Saturday night. The delegation would discuss with the automobile major some issues that came in the way of finalising a memorandum of ... More

INDUSTRY ASSOCIATIONS


AP CM to address FICCI meet
HYDERABAD: The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, will address the captains of Indian industry here on May 2. The meeting, being organised by the Federation of Indian Chambers of Commerce and Industry (FICCI), ... More

EVENTS


Meet on green lighting a Hyderabad
HYDERABAD: Dr Pramod Deo, Chairman of Maharashtra Energy Regulatory Commission (MERC), has said that green lighting should be made part of the Indian building codes to promote the concept. Addressing a two-day meet on `Green lighting' on ... More

EXPORTS & IMPORTS


Spices exports rise 18 pc in 2004-05
SPICES exports rose 18 per cent in 2004-05 to a record $491 million as almost all commodities registered healthy growth during the year, the Spices Board has said. Volume grew 32 per cent during the fiscal to 3.35 lakh tonnes (lt), surpassing ... More


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Top Stories
Keyman cover can be sold as term policy only


Panel questions open sky policy on airline IPO day

Indians top `intending car buyers' list across Asia

Spices exports rise 18 pc in 2004-05

GE Shipping Q4 net up 36 pc to Rs 252 cr

Grasim Q4 net profit down 19 pc on higher expenses

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Apr. 17-Apr. 23
`Fringe benefit tax to hit SSIs hardest'

Banks offering new schemes to lure women depositors

India second largest apparel exporter to US?

Panel report on oil PSUs' merger likely next month

Charak Pharma in pact with Russian co for liver disorder drug

IISCO-SAIL merger: Montek riles Left again

Power projects sans govt guarantees — FIs ready to accept alternative payment security mechanism

Global consumption of finished steel products to cross 1 b tonnes

CII lists anomalies in Customs duty structure

Oil marketing PSUs lose Rs 1,300 cr in two weeks

Gem and jewellery exports up 29 pc at $15.7 b — GJEPC prefers exemption system over refunds for VAT

Bank deposits losing favour with NRIs

Textile companies move to keep up with global trends

It's advantage India as China plans to tax its textile exporters

As global iron prices fall — Domestic steel prices likely to soften

Good pre-monsoon showers may help advance cardamom picking


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