Financial Daily from THE HINDU group of publications
Tuesday, July 16, 2002
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INDUSTRY & ECONOMY

COURTS/LEGAL ISSUES


  • AP sets up fast-track courts

    ECONOMY


    Bengal Govt has no proper record of guarantees: CAG
    EVEN as the amount of guarantees given by the West Bengal Government on loans raised by State bodies increased from Rs 4,415.56 crore in 1997 to Rs 9,676.52 crore in 2001, it was found that the State Finance Department had not systematically ... More

    Business `getting back its confidence'
    THE buoyant business confidence detected in the earlier Business Expectation Survey (BES) of the National Council of Applied Economic Research (NCAER) continued in the latest round of survey too, reflecting "a broad-based recovery in business ... More

    FOREIGN TRADE


    CII chief on UK mission to restore confidence
    THE President of the Confederation of Indian Industry (CII), Mr Ashok Soota, is leading an 18-member delegation to the UK to restore confidence of the business traveller in India's investment climate. In a statement, the chamber has said that ... More

    HEALTH


    Mobile clinics move in to fill disaster management vacuum
    IN a country where disasters are not exceptional and primary healthcare centres (PHC) are ill-equipped to deal with routine happenings, let alone calamities - the concept of mobile clinics is slowly, yet surely, gaining ground. Equipped with ... More

    Guidelines released to help surgeons
    "A HI-TECH surgery is akin to pilots flying advanced jets. A successful outcome depends as much on the skill of the pilot as on the air-worthiness of the jet he has to pilot.'' And here in lies the significance of the `First Guidelines on ... More

    Bengal Govt woos pvt players in health sector
    THE West Bengal Government has admitted that it had wrongly undermined the role of private players in the health sector in the last 25 years. As a correction, it has now sought cooperation from private players for the development of ... More

    PETROLEUM


    LSHS, furnace oil prices slashed
    OIL companies on Monday slashed prices of furnace oil and low sulphur heavy stock while petrol and diesel prices remained untouched. The prices will be effective midnight of July 15. The ex-refinery prices for fertiliser units at Mumbai ... More

    POWER


    Power projects may spill over into 11th Plan
    CAPACITY additions in Karnataka's power sector are likely to spill over into the Eleventh Plan period as most of the projects are far from achieving financial closure. Sources said here that only the 210 MW unit of the Raichur Thermal Power ... More

    Eastern region restores power export to South
    THE power crisis that had gripped the eastern region over the last three days was expected to ease somewhat this week with the National Thermal Power Corporation making assurances on bringing back one of the three 500 MW now under ... More

    DPC lenders meet deadlocked again
    DISCUSSIONS between Indian lenders to the Dabhol Power Company (DPC) and US agency OPIC remained inconclusive on Monday because of "differences of opinion" between the two parties. According to financial institutional sources, the Indian ... More

    Rationalise power tariff, says CII
    THE Confederation of Indian Industry (CII) has suggested that a rational tariff policy needs to be evolved to give a boost to power sector reforms. In a statement, the chamber said that regulation based on one-part tariff of systems did not ... More

    SSI


    IDBI Bank unveils products for SMEs
    IDBI Bank has announced the launch of two new products targeted at the small and medium business clientele in Andhra Pradesh, which it claimed would enable the clientele avail of significant savings on their transactions. In a press release, ... More

    COAL


    IEA urges coal reforms alongside power sector
    In a monograph on `Coal in the energy supply of India', the Paris-based IEA has said with the world's third largest hard coal reserves after the US and China, India wants to underwrite energy security by expanding coal production. More

    FOODS & FOOD PROCESSING


  • Agro-based industrial units scheme

    GEMS & JEWELLERY


  • TN jeweller installs carat meter

    REAL ESTATE & CONSTRUCTION


    Real estate biz picking up in Bangalore
    BANGALORE'S real estate sector is seeing a revival; but this time round, both builders and investors need to be cautious, warns Mr S.N. Nagendra, Deputy General Manager, Karnataka and Goa, Housing Development Finance Corporation Ltd. According ... More

    PAPER, BOARD & NEWSPRINT


    Paper prices revision on cards
    INTEGRATED paper mills have plans to revise the prices of all varieties of papers at regular intervals till the average prices touch the peak level that prevailed on March 2001. This was confirmed by a source at the Indian Paper Manufacturers ... More

    HANDLOOM


    Handloom tech conference at Kannur
    THIRUVANANTHAPURAM: The Kannur-based Institute of Handloom and Textiles Technology (IHTT) will organise a technology conference in November this year with a view to holding deliberations on the problems being faced by the handloom sector, ... More

    BIO-TECH & GENETICS


    Rs 27.5-cr Dutch funds for AP biotech scheme
    THE Netherlands Government has provided Rs 27.5-crore funds for the second phase of the Andhra Pradesh-Netherlands Biotechnology Programme (APNLBP), which is being hosted by the Institute of Public Enterprise (IPE) here. The major initiatives ... More

    CINEMA


    CII (South) plans core group on film industry
    THE confederation of Indian Industry (Southern Region) plans to create a core group on film industry that will look at policy issues to enhance the industry's competitiveness, exploit institutional finance and export markets. According to a ... More

    SMALL SAVINGS


    IFCI may be denied access to EPF funds — ICICI also to be struck off PFI list
    THE Finance Ministry is planning to knock off the troubled financial institution IFCI as well as ICICI from the list of eligible public financial institutions (PFIs) whose bonds can be subscribed to by provident funds. The proposal to delete ... More

    RURAL DEVELOPMENT


    Kerala: Deputations to district planning panels
    THIRUVANANTHAPURAM: The State-level coordinating committee for decentralised planning has decided that one member of the Block Panchayat Association and two members from the Gram Panchayat Association shall be deputed to the district-level ... More

    EXPORTS & IMPORTS


    Cotton yarn exporters eye Far East
    DOMESTIC cotton yarn exporters are hopeful that they will be able to compensate the loss of business in Bangladesh by enhancing exports to the Far East and Chinese markets. It is to be noted that the cotton yarn exports have dropped substantially ... More

    TOURISM


    Lanka expects tourist flow from India to double
    ARRIVALS of Indian tourists into Sri Lanka are expected to more than double this year from last year's 34,000 tourists. The optimism comes despite LTTE problems and the island-nation has recorded arrivals of 37,700 from January to June this ... More

    Wagamon's beauty
    A snaky narrow road in Wagamon, a tourist destination in Idukki district, where the State Government has already allocated 1,050 acres for tourism development.

    More


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