Financial Daily from THE HINDU group of publications
Wednesday, June 29, 2005
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Financial Daily from THE HINDU group of publications Wednesday, June 29, 2005 |
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INDUSTRY & ECONOMY POLLUTION Tirupur dyeing industry seeks Jayalalithaa help THE dyeing units in Tirupur caught in the pollution tangle and strictures from the Madras High Court for letting effluents into the Noyyal river are looking to the Chief Minister, Ms J. Jayalalithaa, to bail them out. With the next hearing of ... More CLIMATE & WEATHER Vigorous monsoon spell in North India THE well-marked low-pressure area over northwest Bay of Bengal and adjacent Gangetic West Bengal has concentrated into a depression on Tuesday and moved in a northwest direction to position itself over Jharkhand. This, in tandem with the ... More ECONOMY Some States unhappy with TFC's suggestion on market borrowing THE Twelfth Finance Commission's (TFC) recommendation that the Centre should not act as an intermediary in the borrowing programme of the States has come in for qualified reservation at the meeting of the National Development Council here A ... More
`Outcome Budget' in July
Efficient govt is the key: PM
EXCISE AND CUSTOMS Central excise to operate help centre from KCCI premises THE Central Excise help centre for manufacturers in the small-scale sector will start functioning in the premises of Kanara Chamber of Commerce and Industry (KCCI) in Mangalore from July 1. A KCCI release said here that the objective of the ... More FOREIGN TRADE Pranab sees scope to boost defence business with US THE disappointing aspect of relations between India and the US has been that although the two societies are so close in terms of shared values, "we have yet to develop a substantial partnership in the defence industrial sector," the Defence ... More PSU NTC may develop gem, jewellery centre on Mumbai mill land BUOYED by the returns the sale of surplus lands of its three mills fetched, amounting to Rs 1,160 crore, National Textile Corporation (NTC) is keen on retaining one of the mill lands for itself to develop it on a commercial scale. Sources in ... More PETROLEUM Govt asks IOC to seek second opinion on IBP merger swap ratio IBP Co Ltd may have to wait for a little while before it is formally merged with Indian Oil Corporation Ltd. The Government has asked IOC to seek a second opinion on the swap ratio for the proposed merger. The Finance Ministry had raised ... More
ONGC to net Rs 1,400 cr thanks to hike in gas prices
Oil industry services declared public utility for 6 more months
GSPC gas may be ready for commercial usage by Dec '07 POWER Monsoon eases power situation across AP WITH the onset of monsoon in several parts of the State, the demand-supply mismatch in the power sector that persisted during the summer is showing signs of easing. There is no load relief for the past seven days. However, the State resorted to ... More
NGOs seek review of hydel power policy
Coal, Power Ministers to discuss thermal plants' problems today TEXTILES Textile hub for Mahabubnagar CHEGURU Village on the Hyderabad-Bangalore Highway in Mahabubnagar district is tipped to emerge as a textile hub. Investments of Rs 2818.16 lakh are expected for creating the necessary infrastructure in the public-private partnership ... More
IL&FS keen on textile proposals RADIO/TV Cabinet to take up pvt FM radio policy THE Cabinet is expected to take up the new private FM radio policy at its next meeting, which will pave the way for moving from a licence fee regime to a revenue sharing structure. While the 20 per cent foreign investment cap will remain, the ... More EDUCATION AP: Training in soft skills HYDERABAD: Renaissance SoftLabs and Andhra Pradesh State Council for Higher Education (APSCHE) have come together to impart soft skills for students aspiring for professional careers and to train trainers. Announcing this partnership ... More
Coaching classes for GATE
Learning programme GEMS & JEWELLERY Jewellery market estimated at over Rs 58,000 cr: Survey THE total jewellery market in India is estimated at over Rs 58,000 crore, of which diamond jewellery comprises the largest segment at about Rs 15,000 crore. According to a survey by the Gitanjali Group, branded diamond jewellery is growing at ... More REAL ESTATE & CONSTRUCTION Real estate boom may help NTC fund revamp NATIONAL Textile Corporation (NTC) may net from asset sale more than the Rs 4,000 crore it has proposed to spend on revamp, if the prevailing boom in the property market continues for some more months. The current round of the Mumbai-centric ... More HEALTHCARE PRODUCTS Clarity eludes sale of nutraceuticals in Maharashtra from July LACK of clarity and nutraceuticals seem to go hand-in-hand. First, there is ambiguity on whether nutraceuticals is a food or drug. And, now, there is confusion on whether nutraceutical products can sell in Maharashtra without a drug licence, come ... More FOREIGN DIRECT INVESTMENT Tariff reduction formula only on bound rates, says Kamal Nath INDIA on Tuesday made it clear that any tariff reduction formula negotiated under the aegis of the WTO would have to be based only on bound rates and not on applied rates. Addressing the Unctad stakeholder consultation workshop on ... More RURAL DEVELOPMENT Kerala to formulate bamboo policy IN line with the Centre's thrust on development of the bamboo sector in the country, the State Government is framing a bamboo policy that, among other things, aims at sustainable development and utilisation of bamboo resources in the State. ... More INCOME TAX Direct taxes advisory panel revamped THE Government has reconstituted the central direct taxes advisory committee under the chairmanship of the Union Finance Minister, Mr P. Chidambaram. A release said that the committee would have three official members and 16 non-official ... More EXPORTS & IMPORTS Amul posts marginal topline growth, trebles its exports LAST fiscal, the Gujarat Co-operative Milk Marketing Federation (GCMMF) became the first Indian dairy products company to treble its export sales to Rs 115 crore. However, the federation's topline grew just 1.4 per cent in 2004-05 to reach Rs ... More NATURAL CALAMITIES ADB's extended tsunami mission from July 1 THE Asian Development Bank (ADB) team, which has just completed a field trip to the tsunami-hit areas in Tamil Nadu and Kerala, is in the process of approving about $20 million for retroactive expenditures. The bank expects an extended mission ... More PEOPLE DGP to head Youth Hostels Assn of AP unit VISAKHPATNAM: Mr Swaranjit Sen, State Director-General of Police, was elected the President of the State unit of the Youth Hostels Association of India earlier this week in Hyderabad, according to a press release issued here on Tuesday. ... More
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Looking back Jun. 19-Jun. 25 `N. America accounts for over 60 pc of exports' `Navratnas public sector character won't be altered' Use of disinvestment proceeds — Throwing good money after bad? Petro subsidies: Flawed basis IDFC proposal among FDI worth Rs 484 cr cleared Singapore-India pact: A `win-win' settlement Sri Lankan vanaspati imports hurting local industry: IVPA Costlier fuel not to push FMCG prices up Taxation of profits from DEPB licence sale — PM's council favours going easy on `small exporters' `Steel prices may revert to $600' Star open to offering channels to Chandra's DTH platform Cabinet okays Bill on alternative medicines States yet to claim for revenue loss from VAT implementation — It is 'early days', caution Ministry officials Bajaj, Hero Honda, Enfield top customer satisfaction: Study Cabinet nod for GDN headquarters in India Tourism industry upbeat on domestic, foreign travel `Cement, best performing sector' |
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