Financial Daily from THE HINDU group of publications
Tuesday, June 18, 2002
Markets (June 17)
BL 2501160.09 (+4.23)
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Dollar (Buy/Sell)48.94/49.07
Gold Std (10 gm)5230

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Ministry revokes dumping duty on synthetic rubber
"With virtually no domestic producer for the item and no likelihood of revival of the closed unit, the tyre industry is faced with no alternative, but to import synthetic rubber." More


  • Kerala: Demand to recast Planning Board


    For cleaner Hyderabad -- 15-plus vehicles to be phased out
    After the drive of the Delhi Government to bring stiff norms for vehicles to check the growing pollution menace in the Capital, Hyderabad would now become the second city in the country to go in for such measures. More


    Thailand invites investments in education, IT
    THE Ambassador of Thailand to India, Mr Bandhit Sotipalalit, has urged the Indian business community to invest in his country through joint ventures in diverse sectors including information technology, medium-sized industry, educational ... More

  • Thai delegation to visit Hyderabad


    APIDC to establish biotech fund; plans equity divestment
    The State-owned corporation has, thus far, promoted 791 units which involves a total outlay of Rs 4,834 crore and has played a pivotal role in local entrepreneurial developmental activities supporting the small and medium sectors. More


    AP: Public hearing on tariff principles
    THE Andhra Pradesh Electricity Regulatory Commission (APERC) has called for a public hearing on its "Consultative paper on long-term tariff principles'' which seeks to achieve efficiency, economy and growth in the power sector. The public hearing ... More


    Rubber shortage hits goods making units
    THE rubber goods manufacturing sector, dominated by the small and medium units, seems to have run into serious trouble over the availability of natural rubber, especially the widely used RSS-4 grade. There are some 6,000 SSI units all over the ... More


    SBI lines up credit schemes for small biz
    STATE Bank of India (SBI) will be launching small business credit card and tailor-made home loans in the State where the demand for housing loans is on the increase. Speaking to newspersons, Mr C. Sundarashyam, Chief General Manager, Kerala ... More


    Cauvery water treatment plant commissioned
    BANGALORE and areas under seven urban bodies around it are expected to get 270 mld (million litres per day) of potable water by July-end with the commissioning of the raw water line and treatment plant today. The treatment plant at ... More


  • MBA programme


    Garment exports up 9.22% in May
    GARMENT exports to restricted countries have registered a 9.22 per cent increase in value terms during May 2002 at $431.10 million compared to the export performance of May 2001. An official release said that the total export of garments to ... More

    Garment exporters irked at bid to ban quota transfers
    A PROPOSED ban on the transfer of certain garment quota categories to bring down the premiums in these categories has set sections of the garment exporters into a panic. The ban will be in place until September 20. In the past three weeks, the ... More


    New insurance cover for TN handloom weavers
    A MUMBAI-based manufacturing company of viscose rayon yarn, NRC, has brought hundreds of weavers in Tamil Nadu under social security cover through the Birla Sun Life's `Social Security Insurance Scheme'. Mr N. Unnikrishnan, Vice-President ... More


    No changes in EPFO structure proposed -- Pension panel meet on June 24
    EAGER to get pension reforms moving, the Ministry of Finance has decided not to propose any changes in the structure and powers of the Employees' Provident Fund Organisation (EPFO) and the existing pension-related schemes during the initial years ... More


    WTO to review India's policies
    INDIA'S trade policy is to come up for review at the World Trade Organisation (WTO) at Geneva on June 19. This would be the third such review for the country and is expected to be concluded over a period of two days - June 19 and June 21. ... More


    Nabard panel plans to boost rural credit system
    The Rural Infrastructure Development Fund, created out of the shortfall of lending to agriculture, should not be seen as an escape route from investing in agriculture. More


  • Union criticises Minister's tirade


    Sinha to attend Asian finance ministers' meet
    THE Finance Minister, Mr Yashwant Sinha, will be leading an Indian delegation for participation in the Asian Cooperation Dialogue (ACD) to be held at Bangkok during June 18-19. The ACD, an informal forum of Asian finance ministers, would be ... More

  • Bangalore Engagements


    Eco-tourism set to take root in Kerala
    FROM the curious to the cursory, Kerala has everything that a tourist can ask for - from beach tourism, backwaters, wildlife, hill resorts, historical monuments to culture and vintage architecture. And now, the State has begun to loosen its ... More
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  • Top Stories
    How the US subsidises its farmers

    Rabo bank to take off early next year -- To focus on growth sectors

    Vanishing cos get show-cause notices

    IDC expects strong growth in outsourcing

    GIC may transfer stake in 4 PSU insurers at par

    Wheat prices at 26-month high

    No changes in EPFO structure proposed -- Pension panel meet on June 24

    In Depth
    Gender Justice
    Simple Economics
    Guide to derivatives

    Looking back
    Jun. 9-Jun. 15
    Wind mill revolution in Germany

    DNA Repository dedicated to nation

    Finance Ministry decision on EPF interest next week

    Hepatitis B vaccination for infants takes off

    FMCG needs push in consumer spend to stay on growth path

    Industrial growth in April rises marginally to 2.9 pc

    Survey soon on corruption in five S. Asian countries

    `Privatisation process will be delayed' -- Divestment Ministry opposes BPCL float

    CESC falters on FRN interest

    Product-specific safeguard duty on Chinese goods in offing

    FI, bank funding of projects worth Rs 50,000 cr -- Special purpose vehicles for infrastructure likely

    An initiative to recycle PET bottles

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