Financial Daily from THE HINDU group of publications
Tuesday, September 06, 2005
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Financial Daily from THE HINDU group of publications Tuesday, September 06, 2005 |
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INDUSTRY & ECONOMY POLLUTION 
CrackdownThe illegal commercial units on the banks of the Mithi river in Mumbai. The Bombay High Court has directed the Brihanmumbai Municipal Corporation to serve eviction notices to all illegal commercial units within 10 days. ... More CLIMATE & WEATHER Monsoon active in South again THE southwest monsoon has swung back into action in peninsular India with most parts receiving fairly widespread rains with isolated heavy rainfall during the 24 hours ending Monday morning. However, this has been matched only by a ... More CEMENT Cement cos may cash in on export boom CEMENT companies that have milked gains from the current rosy export scenario may have to make all the hay they can while the sun still shines. Mr Kumar Mangalam Birla, Chairman of UltraTech, one of the larger beneficiaries of the export boom, ... More ENVIRONMENT Go in for eco-friendly Ganesh idols: Greens THE Green Corps has appealed to the people to go for eco-friendly Ganesh idols for this Vinayaka Chatruthi. "Don't use Plaster of Paris (PoP) to make the idols or offer plastic flowers to the God," the Directorate of Andhra Pradesh National ... More FOREIGN TRADE India Inc wants FTA in services with EU, says Assocham survey THE country's leading CEOs favour signing of specialised free trade agreement (FTA) with the European Union (EU) in the services sector, according to an Assocham survey. The Assocham Business Barometer Survey of 100 CEOs and MDs of firms with ... More
UAE's free trade zone opens office in Mumbai PSU Kerala: Cabinet panel clears VRS schemes for PSUs THE Cabinet sub-committee on public sector undertakings (PSUs) in Kerala has given an in-principle approval for the release of funds for implementing a voluntary retirement scheme (VRS) in Steel Industrials Kerala Ltd, Kerala State Salicylates ... More PETROLEUM Decision on fuel price hike likely today — PM tells Left there's no alternative THE long-pending issue of raising the prices of petroleum products may be resolved tomorrow at a meeting of the Union Cabinet, with the Left parties now reconciled to the hike. The Finance Minister, Mr P. Chidambaram, also indicated today that ... More
Raha skips Dhaka visit on `health grounds' PHARMACEUTICALS Vaccine majors make beeline for Indian market ARE children becoming virtual pin-cushions as global vaccine-makers bring in more products into India or is there really a need for the several vaccines being lined up for the country? The US-based drug-maker Wyeth is poised to bring into India ... More POWER Power-deficit Gujarat struggling to keep pump sets running — Imposes 4-day week on industry A SUDDEN spurt in power demand from the agriculture sector has caught Gujarat completely unawares, forcing the Government to impose a four-day week on industry. Interestingly, four months ago, when Maharashtra was reeling under a severe power ... More TAXATION Region-specific tax breaks distort businesses Given the competitive environment in which businesses function, even a small concession can disturb the balance in favour of players in certain regions, and by implication hurt the interest of others. More SSI RBI proposes one-time settlement for SMEs IN a move that will benefit the small and medium enterprises sector, the Reserve Bank of India has asked public sector banks to provide a simplified mechanism for one-time settlement of chronic non-performing assets in this sector. In the ... More
Draft SME Bill to be passed in next Parliament session WATER `Deforestation, sand mining bring water table down' According to a study, water availability by 2050 in the rivers Achankovil, Pampa and Manimala will drop by 459 million cubic metres, 3,537 million cubic metres and 398 million cubic metres respectively. More EDUCATION Educational loans: Chidambaram concern over high interest rates THE Union Finance Minister, Mr P. Chidambaram, has voiced concern over the rate of interest charged on educational loans.Terming the 10.75 per cent rate charged on these loans as `high', Mr Chidambaram told a gathering of student beneficiaries ... More
Coaching institute's target PAPER, BOARD & NEWSPRINT Newsprint sector betting big on new launches in print media "To provide a level playing field for the domestic producers, the customs duty on newsprint should be raised to 20 per cent." More INDUSTRY ASSOCIATIONS Allow self-certification for large taxpayer unit scheme too: India Inc CORPORATE India has suggested to the Finance Ministry that the concept of self-certification be extended to them under the Large Taxpayer Units (LTU) scheme, which is expected to eventually evolve into a single-window facility of all major tax ... More
Tech upgrade fund for foundry sector urged SCIENCE & TECHNOLOGY IIIT-H aims big in artificial intelligence THE International Institute for Information Technology-Hyderabad is eyeing the growing area of artificial intelligence, which has applications ranging from computer vision and language technology to robotics. Addressing a press conference ... More MINERALS New iron ore mining policy on the cards THE Union Ministry of Mines is actively considering the introduction of a new iron ore mining policy for ensuring easy availability of ore by iron and steel manufacturers in the non-iron ore-bearing States. Indicating this, Mr Amit Kiran Deb, ... More EVENTS Strict adherence to coastal zone regulations urged "IF there is one lesson that the tsunami has taught us, it is that coastal regulatory zone stipulations should be strictly adhered to," Dr K.S.R. Murthy, the Director of the local branch of the National Institute of Oceanography, said. He was ... More
International furniture fair in Mumbai next month
Kochi B2B meet begins today
INCOME TAX CAs, industry groups to have a say in new income-tax code INDIA Inc, industry associations, income-tax experts and chartered accountants may get to have a say in the framing of the new income-tax code. The Finance Ministry has promised that chartered accountants and the other stakeholders would be ... More EXPORTS & IMPORTS IT, ITeS exports to grow by 35%, says Nasscom THE National Association of Software and Service Companies (Nasscom) on Monday said that the export of IT and IT-enabled services was expected to grow between 30-35 per cent in 2005-06. The apex body for software and IT services companiesalso ... More
Competition makes things tough for tea exports TOURISM Uttaranchal to focus on tourism infrastructure THE Government of Uttaranchal will spend around Rs 100 crore every year for the next three years on the creation of tourism infrastructure in the State. In addition, private sector investment to the tune of Rs 3,000 crore in the State's tourism ... More
Travel agencies face shortage of manpower
Karnataka to focus on infrastructure for eco-tourism 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 Aug. 28-Sep. 3 TCS pilot project for efficient functioning of rural job scheme Hike petrol price, not diesel: Montek Tonnage tax boosts fleet strength — Outlook positive for shipping cos GAIL to begin drilling in Bengal basin in Oct No monsoon revival soon; South benefits from `break monsoon' 'As mobile base grows, so does service tax kitty' Oil Ministry not for price stabilisation fund — `Cess funds can be used to share subsidy burden' The burden of farmers' debt Money in the air Farm GDP growth declines to 1.1 pc MFs keep away from oil stocks Funding still a roadblock for biotech start-ups RBI notification on dual pricing not to impact hotels' margins China unlikely to be major steel exporter Maharashtra wants ban on kesari dal to go Cashew exports may gain on dip in global output — Delay in Indonesian, Brazil crops seen pushing up demand for Indian produce Not just wine, but beer too would flow freely! `States with VAT in place may earn higher revenues' Paper makers set to hike prices Reliance gets Rs 10,500-cr excise notice `Warning signal' on world economy Monsoon exits West; fresh southern pulse brewing |
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