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Friday, April 19, 2002
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INDUSTRY & ECONOMY

ANTI-DUMPING


Govt may not relent on plea for dumping rules
THE Government is unlikely to immediately relent to the demands of a section of the domestic manufacturers on framing of specific rules to tackle the problem of circumvention of anti-dumping measures. "The formulation of anti-circumvention ... More

Dumping probe on ferro silicon
NEW DELHI: The designated authority in the Ministry of Commerce and Industry has initiated anti-dumping investigation on import of ferro silicon from South Africa and Macedonia. The petition seeking anti-dumping probe on ferro silicon ... More

CEMENT


Limestone royalty -- Cement cos told to pay arrears
CEMENT companies in Tamil Nadu have been slapped with notices stating that there has been a "short payment" of royalty on limestone that the companies have to pay the Government and asking them to pay the sums immediately. According to reliable ... More

ECONOMY


7 lakh workers lose livelihood in Ahmedabad
WORKERS are the worst victims of violent incidents in Gujarat and have suffered massive loss of incomes so far, in addition to the continuing threat posed by the process of globalisation, according to representatives of trade unions. On a very ... More

Karnataka: Subsidy bills may torpedo fiscal correction plans
KARNATAKA'S fiscal correction, supported by the World Bank, is in jeopardy due to the escalating subsidy bills. According to the State Government data, subsidies have maintained a growth rate of over 20 per cent since initiation of fiscal ... More

Kerala: ADB plans talks for $300-m loan
THE Asian Development Bank (ADB) has announced its decision to hold "detailed discussions'' with the Kerala Government regarding a $300-million loan, which has been the eye of a storm with the Opposition assailing the State Government for ... More

ENVIRONMENT


Environmental regulation and industrial competitiveness -- The Porter hypothesis
IN A 1991 article published in Scientific American, Mr Michael Porter, the Harvard guru of `competitive advantage' fame, said: "Strict environmental regulations do not inevitably hinder competitive advantage against foreign rivals; indeed, ... More

CAG raps AP Govt for inaction on rising air pollution
Joint inspections conducted by the officials of the Transport, Civil Supplies Department and representatives of public sector oil companies revealed that 20 per cent of the vehicles violated the emission norms prescribed. More

Removing the clogs
The Tamil Nadu Government is desilting the Adyar river, which flows through Chennai before emptying itself into the Bay of Bengal. The de-silting operations form part of a long-term project to clean up the city's waterways - the Cooum and ... More

FOREIGN TRADE


`India, US need to look beyond security ties'
IT is for India and the US to take the official-level relationship beyond security-related issues and enlarge the scope to foster a better partnership on economic issues, according to the former US Ambassador to India, Mr Frank Wisner. This ... More

Lombardy eyes Bangalore for IT investments
LOMBARDY, Italy's rich and powerful northern State and home to fashion capital Milan, is looking at investments from Bangalore's IT companies and developing ties with other sectors in India. Milan is also Italy's own IT hub. Its President, Mr ... More

PETROLEUM


Cabinet okays Bill for petroleum regulator
The regulatory board will also authorise entities to market petroleum products, lay down service obligations for retail outlets and marketing entities and monitor prices of petroleum products. More

Marginal rise in diesel sales
AFTER several months, there has been an improvement in sales of diesel, albeit marginal, indicating a revival in the economy. However, the growth in sales is still negative. Diesel sales, which account for about 40 per cent of the country's ... More

STEEL


Duty cut on coking coal imports likely
A section of the steel producers, particularly SAIL, has appealed for a waiver of the customs duty but the Government is only considering a marginal reduction and a decision is expected shortly after which it will be sent to the Ministry of Commerce. More

US' rusty steel policy
IT IS generally assumed that in the US, the Republicans are free-trade votaries and the Democrats, protectionists. This is not factually right though. There are times when Republicans turn protectionists and Democrats espouse free trade; trade ... More

COAL


Coal India likely to hike prices soon
COAL India Ltd (CIL) is expected to effect a moderate increase in the price of all grades of coking and non-coking coal soon as the state-owned coal major feels that a price revision is urgently required to neutralise the impact of additional ... More

RADIO/TV


Cos compete for FM space in Mumbai
IF everything goes well, April 29 could well be a big day for radio buffs in Mumbai. The airwaves will finally be thrown open to private companies, putting an end to All India Radio's monopoly. In all, five companies have acquired licences to ... More

REAL ESTATE & CONSTRUCTION


TNHB takes `agent' route to boost sales
In a bid to give a boost to its marketing efforts for projects outside Coimbatore city, the TNHB has invited applications for appointment of agents to sell ready-to-occupy houses in Kannama Naickanur in Udamalpet project area. More

LEATHER


Dyers' failure to meet norms -- Pollution notices to Tirupur units
MEMBERS of the dyeing and bleaching units coming under the seven common effluent treatment plants (CETPs) in the hosiery town of Tirupur are facing the stick from the State Pollution Control Board (TNPCB) for failing to install the secondary ... More

DISINVESTMENT


Price bids to be called for NFL next month
THE Union Government will invite price bids for selling 51 per cent of its stake in National Fertilisers Ltd (NFL) in May. The move comes after the Group of Ministers (GoM), headed by Mr K.C. Pant, Deputy Chairman, Planning Commission, cleared ... More

Govt to retain majority stake in Nalco post-divestment
THE Union Minister for Coal and Mines, Mr Ram Vilas Paswan, has made it clear that the Government will continue to maintain its majority shareholding in National Aluminium Co (Nalco). Talking to presspersons after inaugurating the Rs ... More

FOREIGN DIRECT INVESTMENT


36% foreign cos making profits: FICCI survey
According to the report, policy issues have shown a marked improvement over the last year with 93 per cent of the respondents saying that handling of approvals at the Central level is good to average and policy-related issues such as funds flow mec hanisms are effective . More

EVENTS


Spotlight on State's attractions for investors -- Global conference on chemicals opens today
The two-day event is being organised by the Federation of Indian Chambers of Commerce and Industry and the State Department of Industries and Commerce, along with Indian Institute of Chemical Technology and Indian Chemical Manufacturers Association. More

  • Hyderabad Engagements
  • Kochi Engagements
  • Thiruvananthapuram Engagements
  • Bangalore Engagements

    EXPORTS & IMPORTS


    `Synergy in strategy, reforms to boost exports'
    THE implicit synergy in the medium-term export strategy, Union Budget and the Export-Import (Exim) policy and the sequencing of reforms with coherence in policy measures herald an optimistic outlook for India's export scenario, says the Economic ... More

    TOURISM


    Karnataka cabinet okays Rs 126 cr more for tourism infrastructure
    IN a major decision that is expected to give a boost to tourism promotion in the State, the Cabinet today approved additional funds to the tune of Rs 126 crore to develop tourism infrastructure. Tourism, which has been gaining special ... More
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  • Top Stories
    Dyers' failure to meet norms -- Pollution notices to Tirupur units


    Farmers ready, but where are Bt cotton seeds?

    Cabinet okays Bill for petroleum regulator

    Policyholders' protection regulation in the offing

    Interest rate adharma

    Delaying VAT is no taxing issue

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    Apr. 7-Apr. 13
    WHO's new mantra: Put on your jogging shoes

    TN to push for number one position in FDI flow

    Buy India Act to redefine Govt steel procurement

    MFs can invest 4 pc of assets in foreign papers -- SEBI fixes individual limit at $50 m

    Direct tax mop-up falls short of target

    No petro price hike for now: Minister

    Caution to Govt on dividend tax

    India to return to higher GDP growth soon: ADB

    Suzuki set to take control of Maruti with 56% stake -- Rights issue renunciation almost finalised

    I-T rules on perks to be eased further

    It's a different `dot' game

    Madras HC stays cut in tax on perks

    Industrial growth marginal at 2.6 pc in 11 months

    3 key Budget proposals being reviewed by Govt

    EPF trustees stick to 9.5 pc

    Kalam makes light of Pak nuclear `threat'


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