The Hindu Business Line : Sunday, June 02, 2002

Exports recover, up 18% in April
AFTER a low export growth of 0.08 per cent against the pruned three per cent target in the last fiscal, the first month of the current fiscal export performance looked up with exports fetching $3,680.89 million, marking a hefty 18.17 per cent ... More

UN joins West in pulling out India staff
GERMANY and France on Saturday joined the growing list of western nations, led by the US and the UK, which have asked their citizens to leave India in view of the on-going tension between India and Pakistan. The United Nations also decided to ... More

`War of letters' on VSNL investment continues
IN what is turning out to be a "war of letters" between the Department of Telecommunications (DoT) and the Tata group, a fresh set of mail was despatched to Mumbai on Saturday. According to official sources, while a formal letter of disapproval ... More

Petrol price hike likely on Monday
THE Government will announce on Monday a hike in the retail prices of petrol and diesel, besides a reduction in the excise duties on these two products, the Petroleum Minister, Mr Ram Naik, said on Saturday. Indications are that petrol prices ... More

Top-level changes in PSU insurance cos -- P.C. Ghosh may take over as GIC Chairman
AS part of the top-level changes in the public sector insurance sector, Mr P.C. Ghosh is likely to take over as chairman of the national re-insurer, General Insurance Corporation Ltd (GIC). Mr Ghosh is currently the Managing Director of GIC. ... More

Gond suspended
THE Union Government has suspended Mr A.K. Gond, Commissioner of the beleaguered Seamen's Provident Fund Organisation, to facilitate a "free and fair" probe into the gilts scam. The order for suspending Mr Gond was cleared by the Union Shipping ... More

Duty drawback rates cut for 450-500 items
THE Government on Saturday revised duty drawback rates for close to 850 items following changes in tariffs made in this year's Budget. Duty drawback is an incentive to compensate exporters for customs and excise duties borne on inputs used in the ... More

Football-crazy States lap up colour TVs
THE World Cup Soccer 2002 has come as a bonanza for television manufacturers. Introduction of innovatively designed, game-centric products, attractive promotional schemes and extended warranty periods have persuaded people to make a beeline for ... More