Financial Daily from THE HINDU group of publications
Thursday, July 25, 2002
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Financial Daily from THE HINDU group of publications Thursday, July 25, 2002 |
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INDUSTRY & ECONOMY ECONOMY 
`India right on development track'TWO years after world leaders set measurable goals for development and poverty eradication by 2015, the United Nations Development Programme (UNDP) has lauded India, saying it is one of the few countries on track to meet the UN Millennium ... More
Are States falling into a deeper debt trap? FOREIGN TRADE Assocham team to visit Mauritius A 13-MEMBER business delegation, sponsored by the Associated Chambers of Commerce and Industry of India (Assocham), is to visit Mauritius between July 26 and 31. The delegation, led by Assocham Alternate President, Mr R.K. Somany, will study ... More INFRASTRUCTURE IIEL sets up review body for equipment funding deals INDIAN Infrastructure Equipment Ltd (IIEL), a member of the Srei International Finance Group, has set up an independent Environment Advisory Board (EAB) to advice the company on environmental aspects prior to funding of infrastructure equipment, ... More
IL&FS, L&T combine to develop infrastructure PHARMACEUTICALS NPPA raises prices of 2 drug formulations THE National Pharmaceutical Pricing Authority (NPPA) has revised the prices of three drug formulation packs with retrospective effect from July 22. While the prices have been fixed for the first time in the case of one formulation — a ... More POWER PFC loan to be sought for Bengal project THE West Bengal Power Development Corporation Ltd has decided to approach the Power Finance Corporation for loan for its proposed 2000 MW Sagaridghi thermal power project in Murshidabad district. This follows the lack of progress with the Asian ... More TAXATION Kerala Govt announces tax concessions THE Kerala Finance Minister, Mr K. Sankaranarayanan, has announced a series of tax concessions, including withdrawal of sales tax on ginger and a substantial reduction in the sales tax on coffee. Speaking after introducing the Kerala Finance ... More TEXTILES Rana calls for parity in power cost for powerloom sector THE Union Minister for Textiles, Mr Kashiram Rana, has called for parity in the cost of power used for fabric manufactured by powerloom sectors across the country. The States where the tariffs were high needed to extend some kind of incentive ... More COAL Conciliatory talks soon to avert coal strike EVEN as the seven-day strike call, given by all the Central trade unions operating in the domestic coal industry stands, the Union Ministry of Coal and Mines has initiated moves to avert the strike, scheduled to begin from August 5. The office of ... More RADIO/TV No consensus over cable regulation Bill THE Government's efforts to evolve a consensus on the Bill paving the way for a conditional access system (CAS) did not make much of headway, with Opposition parties like the Congress and the Left continuing to oppose it. The Information and ... More EDUCATION HCV/LCV/TRACTORS 
Truant rain may further dampen tractor sectorEVEN as tractor companies underplay the impact of the drought, market analysts are expecting the truant monsoon to take a further toll on the domestic tractor industry. The industry has already seen a decline of 10 per cent in the first quarter ... More ELECTRICAL GOODS Indian cos being `torch'ed by Chinese imports IT is now the turn of domestic torch light manufacturers, both in the organised and unorganised sectors, to feel the heat of imports from China. Starting from November last year, these cheap Chinese torch lights are being imported into the ... More REAL ESTATE & CONSTRUCTION TN CM stand on regularisation of buildings kindles hopes THE announcement of the Chief Minister, Ms J.Jayalalithaa, that the Cabinet, on July 25, would take a `just decision' on the demands for reduction in the building regularisation fee in respect of unauthorised constructions has kindled hopes of a ... More READYMADE GARMENTS Codissia to organise garment fair COIMBATORE District Small Industries Association (Codissia), which has been holding industrial fairs mostly related to enginnering/automobile/agri-business, is venturing into garment fair for the first time. The association has joined hands ... More DISINVESTMENT Board may bid for EIL with ICICI Venture THE board of directors of Engineers India Ltd (EIL) plans to bid for acquiring controlling stake in the company along with ICICI Venture Fund. According to official sources, the board is also planning to seek the Government's nod to participate ... More SMALL SAVINGS Rs 123 cr mobilised through national savings in Kerala THE National Savings Organisation (NSO) has mobilised Rs 123 crore during the first three months of the current year in Kerala. An official spokesman quoted the Regional Director, National Savings, Mr B. Raju Babu, as saying that the net target ... More RURAL DEVELOPMENT Giving credit card where it's due... A POTTER or a carpenter in the remote village may soon be able to avail of bank credit through a plastic card. The Finance Ministry has asked banks to examine the scope for enhancing credit to rural artisans. A working group of bankers has ... More
LIC wooing villagers through `Bima Grams' FINANCIAL INSTITUTIONS Jaswant seeks fresh status report on IFCI THE Government appears to have decided to examine the IFCI revival issue right from scratch once again with the Finance Minister, Mr Jaswant Singh, having sought a fresh status-report on the institution from the financial sector division of his ... More TRADE & LABOUR UNIONS Kerala headload workers oppose Bill TRADE unions of headload workers belonging to CITU, AITUC, UTUC and the BMS struck work throughout Kerala on Tuesday in protest against the introduction of a Bill in the State Assembly seeking to regulate loading and unloading ... More EVENTS Thail trade centre in South likely THE business community in Karnataka will have yet another chance to explore new opportunities in Thailand when the three-day `Thailand Exhibition 2002' opens at Kanteerava Stadium here on Thursday. This is the second such meet, which will ... More ENTREPRENEURSHIP INCOME TAX Bulk returns deadline extended NEW DELHI: The last date for bulk filing of returns by salaried employers through their employees has been extended to August 31. An official statement issued here clarified that there is no change in the last date for filing of returns ... More EXPORTS & IMPORTS New ECGC cover to ease LC discrepancy woes The Export Credit Guarantee Corporation of India is now offering cover to exporters for losses due to `LC discrepancies' as an offshoot of their existing `LC Comprehensive Risks' policy charging no extra premium. `LC discrepancies' are variations bet ween the LC contents and bill of lading. More
Row over forming promotion council for 100 pc EOUs NATURAL CALAMITIES 
Country facing worst drought in over 10 years: Ajit SinghIT is official now. The Agriculture Minister, Mr Ajit Singh, has declared that the country is on the threshold of the "worst and most widespread drought'' in over a decade. Speaking to presspersons after a four-hour long meeting convened with ... More ALTERNATIVE MEDICINES Ayurveda cong panel to meet tomorrow THE Union Health Minister, Mr Shatrughan Sinha, is expected to attend a meeting here on Friday of the organising committee for the four-day World Ayurveda Congress 2002, scheduled to open in Kochi on November 1. Announcing this, an Ayurveda ... More TOURISM India safe for global tourists: Jagmohan THE Union Minister for Tourism, Mr Jagmohan, today called on international tourism bodies to do their bit to correct the wrong impression that India is not a safe tourist destination. "This is not the first time that India has suffered due to ... More ECONOMIC OFFENCES Money laundering Bill re-introduced with changes in RS THE Government on Wednesday re-introduced in the Rajya Sabha a Bill aimed at preventing money laundering, after incorporating virtually all the recommendations of a select committee of the Upper House. The only recommendation of the committee, ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Gender Justice Simple Economics Guide to derivatives Looking back Jul. 14-Jul. 20 PM announces 8-point agenda for 8% growth India Inc fears `harsh' steps in ordinance Centre goes in for early expenditure management Clouds over crop area — Kharif sowing toll heaviest for soya Labour Ministry told to cut EPF rates Illegal border trade put at $2 billion Novartis sues Dr Reddy's in US for patent breach Banks likely to resume power sector funding |
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