Financial Daily from THE HINDU group of publications
Wednesday, March 06, 2002
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Financial Daily from THE HINDU group of publications Wednesday, March 06, 2002 |
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INDUSTRY & ECONOMY AUTOMOBILES Auto policy may set norms for fresh investments THE Cabinet today finalised the auto policy with some changes and the new draft would be tabled in Parliament soon. According to Government officials, the aim of the policy is to promote self-sustained growth of the industry. The policy, ... More BUDGET 10 pc cut in net of special units THE Finance Minister, Mr Yashwant Sinha, has proposed in the Budget for 2002-03 a 10 per cent reduction in the deduction of profits of units in free trade zones (FTZs), 100 per cent export-oriented units (EoUs) etc. for the assessment year ... More CEMENT Assocham to seek duty cut on non-coking coal THE Associated Chambers of Commerce and Industry of India (Assocham) said on Tuesday that it would seek a reduction in import duty on non-coking coal in its post-Budget memorandum to correct the inverted duty structure faced by the cement ... More ECONOMY Economy searches for growth engine The line being taken by the Finance Minster and the senior bureaucrats in his Ministry is that demand revival must be autonomous. More ENVIRONMENT CPCL to invest Rs 200 cr for eco management CHENNAI Petroleum Corporation Ltd proposes to invest about Rs 200 crore for environment management as part of its three million tonnes per annum refinery expansion project, at Manali, North Chennai. In addition, the company is also implementing ... More
No reprieve for Bengal tanners -- Govt directed to release funds for CETP works INFRASTRUCTURE New norms for project cost estimation GOVERNMENT departments and Ministries will henceforth have to compute the costs for projects involving public investment/expenditure based on constant prices as well as completion cost (the cost at which the project is completed), following a ... More TAXATION Tax collection target seen as a tall order ACTUAL tax collections are only about 52 per cent of the estimated figure, and with a small base and an inefficient collection machinery, it is difficult to imagine that the tax collection target in the 2002-03 Budget will be met, according to Mr ... More RADIO/TV 
Cable operators block Zee channelsCABLE television operators in Chennai today blacked out HBO, Cartoon Network and the entire bouquet of Zee channels protesting the hike in subscription fee by these channels. According to the cable operators, HBO and Cartoon Network recently ... More INDUSTRY ASSOCIATIONS CII team for China THE Confederation of Indian Industry (Southern Region) is sending a delegation to China to take a close look at the strategies adopted by it to achieve economic growth, according to a press release from the CII. The study mission will visit ... More SCIENCE & TECHNOLOGY Asean co-operation yields tech products AN Indo-Asean science and technology co-operation plan has resulted in a few specialised products that are now ready for commercial production. Market surveys on industrial scale production of these products will be conducted in India and the ... More DISINVESTMENT IOC cites Constitution to support HPCL, BPCL bid THE Indian Oil Corporation has cited the Constitution in support of its contention that a public sector monopoly is allowed in areas of public interest, such as petro products, IOC's Chairman and Managing Director, Mr M.A. Pathan, said ... More
HPCL, BPCL divestment hits refinery roadblock SMALL SAVINGS `Budget proposals to hit cash savings' BANKER-ECONOMISTS feel that the small savings rate cut and direct tax proposals made in the Budget, including the five per cent surcharge on income-tax, reduction of rebates, and shifting of the 10 per cent dividend tax on the recipients, may not ... More RURAL DEVELOPMENT 
Call to use surplus food stocks for rural jobsArguing that fiscal fundamentalism was as bad as religious fundamentalism, Mr Sitaram Yechuri said that even with a reasonably good cushion such as $50 billion forex reserves and 60 million tonnes of foodgrains, the Finance Minister had not outlined a clear strategy to build aggregate demand in the economy. More
Syndicate Bank initiative TOURISM 
AP to have tourism institute with private sector helpTO meet the demand for professionally qualified persons in the tourism sector, a national institute of tourism and hospitality management is being set up in Hyderabad with private sector participation, according to the Minister for Tourism, Mr T. ... More
FICCI seeks more commitments to tourism sector ECONOMIC OFFENCES Net being used to peddle drugs: Report QUICK to use new technologies, drug traffickers and criminal elements have started exploiting the Internet as a vehicle for trading illegal drugs, according to new report released by a panel of United Nations experts. There are chat rooms that ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Feb. 24-Mar. 2 Policy for workers' security needed: PM CII plea to widen tax net Disinvestment, Budget moves to set the tone for next rally Mitsui pulls out of race for SCI stake Tough agenda for Finance Minister DCA seeks details about Hutchison equity pattern Put reforms on the fast track: Narayanan Cut deficit, lift growth: Survey 10 PSUs to be divested by March Cabinet committee meet on HPCL, BPCL sell-off today Daunting task ahead of Sinha Exports up 1.56 pc in Apr-Jan No highs for breweries, distilleries Sinha lands a knock-out punch -- Rs 12,700 cr extra taxes on individuals, corporates 10 more services come under tax net -- Rs 1,400-cr additional mop-up seen Oil sector deregulation: A(nother) P(erfect) M(anipulation) Changes galore for individual taxpayers Sinha for linking interest rates to inflation `One can't have a road-map every year' |
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