Financial Daily from THE HINDU group of publications
Saturday, April 13, 2002
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Financial Daily from THE HINDU group of publications Saturday, April 13, 2002 |
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INDUSTRY & ECONOMY BUDGET 3 key Budget proposals being reviewed by Govt THE Finance Ministry has kicked off the process of reviewing three key Budget announcements — taxing dividends in the hands of the shareholder, slashing interest rate on small savings instruments and pruning of income tax rebate on ... More COURTS/LEGAL ISSUES 
Resolving disputes with less painWITH the first batch of neutrals being trained by the city-based Indian Centre for Mediation and Dispute Resolution (ICMDR), Chennaiites who do not want to go through the legal process for their disputes can now opt for mediation. Among those ... More ECONOMY 
Industrial growth marginal at 2.6 pc in 11 monthsINDUSTRIAL output has registered a marginal growth of 2.6 per cent in the first 11 months of the current fiscal as against 5.4 per cent in the corresponding period in the previous year. According to the latest `quick estimates' of the Index of ... More
MSCI cuts India weightage further FOREIGN TRADE Mexico initiative for trade data panel THE Mexican Ambassador to India, Mr J.F. Carlisle, is taking the initiative to form a committee of Indian and Mexican entrepreneurs for exchanging information on trade and industry. At a meeting with the members of the Indian Chamber of ... More PHARMACEUTICALS Karnataka Pharma units in pink, thanks to outsourcing The total turnover of the industry in the State is estimated to be in the region of Rs 1,600 crore. More POWER IDBI seeks NTPC technical consultancy for Dabhol IDBI has sought technical consultancy from the National Thermal Power Corporation for maintenance of Dabhol Power Company (DPC), according to the Union Minister of State for Power, Ms Jayawantiben Mehta. Speaking to reporters on the sidelines ... More
TEXTILES Policy irks powerloom sector THE cotton fabric/made-ups manufacturer-exporters in the decentralised powerloom sector have serious reservations over the conditions imposed in the new Exim policy provisions on sub-contracting of specific jobs by the export-oriented units ... More
Powerloom exporters' entitlement WATER MANAGEMENT Maharashtra to release 3 tmc ft water THE Maharashtra Government has agreed to release about three tmc ft of water to the Krishna river from the Doodhganga Kalmamavadi reservoir. This is expected to help meet the drinking water shortage in the border districts of Bijapur, Bagalkot ... More EXIM POLICY 
No relaxation of curbs on export units: DGFTTHE Director-General of Foreign Trade, Mr N.L. Lakhanpal, on Friday virtually ruled out the withdrawal of the new conditions imposed in the Exim Policy on the Export Oriented Units (EOUs)/Export Processing Zone (EPZ) units that are ... More
`Existing schemes must be pruned' AUTOMOBILE COMPONENTS ACMA delegation to tour Egypt THE Automotive Component Manufacturers Association (ACMA) is taking its first-ever business exploratory delegation to Egypt, the grouping said in a statement on Thursday. The mission would tour auto component and vehicle-manufacturing units, ... More FOODS & FOOD PROCESSING Kerala: Govt team to be trained in HACCP THE Kerala Government proposes to suitably train a team of 20 officials who will prospectively constitute the core of the State Industries Department, conversant with the nitty-gritty of training and certification of processed agricultural ... More SCIENCE & TECHNOLOGY Kalam makes light of Pak nuclear `threat' DR A.P.J. Abdul Kalam, former Principal Scientific Adviser to the Government of India and arguably the father of the country's guided missile system, has made light of the Pakistan President, Mr Pervez Musharaff's recent threat of possible ... More CINEMA Film industry is insurance shy FILM insurance is for the moment a profitable business. Notwithstanding the newness of Bollywood to organised film making, United India Insurance Co Ltd — the only agency currently providing film insurance — estimates that claims so ... More
TN cinemas allowed to hike ticket prices SMALL SAVINGS 
EPF trustees stick to 9.5 pcTHE stage is set for a fresh confrontation between the Finance Ministry and the Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO), following the latter's decision on Friday to stick to its earlier recommendation ... More IPR `Doha concessions not included in Patents Bill' EVEN as the Patents' Amendment Bill is pending discussion in Parliament, drug manufacturers have expressed concern that it does not echo the concessions that emerged at the WTO Ministerial conference in Doha. Mr Gajanan Wakankar, Executive ... More
BHEL R&D unit gets aggressive on patents TRADE & LABOUR UNIONS INTUC plea to unions BANGALORE: The Indian National Trades Union Congress (INTUC) has appealed to all its affiliated unions in the public sector units not to participate in the nationwide strike call given by various trade unions on April 16. In a ... More EVENTS Southern Africa keen on IT solutions from India THE Southern African Developing Community (SADC) is keen to adopt information technology (IT) solutions from India for its industrial development, which has shown a recovery in the last five years. Learning from India's interaction with ... More ENTREPRENEURSHIP `Fear of failure haunts Indian entrepreneurs' THE country scores the highest in necessity entrepreneurship that has led to economic growth. However, it ranks third in fear of failure, which inhibits entrepreneurship, with 27.8 per cent respondents, after Korea with the highest of 64 per cent ... More INCOME TAX Ease I-T norms for charitable trusts: ICAI THE Institute of Chartered Accountants of India (ICAI) has suggested that religious and charitable trusts be permitted to apply their income for religious and charitable purposes even during the financial year immediately following the financial ... More TOURISM Tourism promos on global TV channels planned THE Government is considering a proposal to advertise India as an attractive international tourist destination on the major international television channels, according to the Director-General, Tourism, Mr Vinod Duggal. "We are thinking of ... More
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Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Mar. 31-Apr. 6 Traditional export items under-perform Govt cuts SDS to 9 pc; PF rate reduction on anvil Bleak export scenario set to change: Maran New initiatives to drive export growth Simplified norms; specific packages Farm exports freed; thrust to SEZs -- Maran gives Exim policy a friendly push Extra revenue outgo on sops at Rs 1,000 cr -- Total outflow may top Rs 27,000 cr in 2002-03 To cover pool account deficit -- Govt issues Rs 9,000-cr bonds to oil majors Exports falter, 11-month growth rate at 0.06 pc BoP problem unlikely: Jalan `Newsprint cos have no plans to raise capacity' Mineral water plant in AP leaves the locals high and dry? Natural gas at market prices to power, fertiliser cos: Naik Electronics export up 37 pc |
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