Financial Daily from THE HINDU group of publications
Wednesday, August 21, 2002
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INDUSTRY & ECONOMY

COURTS/LEGAL ISSUES


HC dismisses jute mills assn plea against bag order
MR Justice P.C. Ghose of the Calcutta High Court today dismissed the writ petition filed by the Indian Jute Mills Association (IJMA) challenging the Union Government's decision on compulsory packaging of jute bags to the extent of 80 per cent for ... More

ECONOMY


External debt situation improves
INDIA'S external debt stands at $98.4 billion at the end of December 2001, which includes $95.6 billion long-term debt and $2.75 billion short-term debt. The total external debt in end-December 2001 has declined by 2.9 per cent as compared to ... More

FOREIGN TRADE


It's time to tap Latam for exports: Envoy
THE current crises in Latin American countries have in a way created opportunities for Indian exporters to tap these markets, according to the Indian Ambassador to Venezuela, Mr R. Vishwanathan. Addressing a seminar on `Building exports with ... More

INFRASTRUCTURE


Hudco ready to fund works in Thiruvananthapuram
THE Union Minister of State for Urban Development, Mr O. Rajagopal, has conveyed the willingness of the Housing and Urban Development Corporation (Hudco) to extend financial assistance for a series of developmental works planned for ... More

PHARMACEUTICALS


DPCO courting controversy over life-saving drugs
THE issue of price control over life-saving drugs continues to dog the Pharmaceutical Policy 2002 and the yet-to-be-announced new Drug Price Control Order (DPCO). Senior officials with the Ministry of Chemicals and Fertilisers confirmed that ... More

POWER


Prabhu's problems began much earlier
THE omens weren't auguring well. About a month ago, the Shiv Sena leader, Mr Balasaheb Vikhe Patil, wrote to the Prime Minister, Mr A.B. Vajpayee, complaining about the performance of his friend, party and Cabinet colleague, the Power Minister, ... More

STEEL


Constraints galore for ferro alloy units: Panel
Raw materials, such as manganese ore, chrome ore, quartz, reductants and fluxes (limestone and dolomite) are available within the country, but the quality of certain raw materials is posing problems. More

Sponge iron units told to set up coal washeries
COAL-BASED sponge iron units in the country continue to face problems in getting the required quality and quantity of coal, affecting their production. The Sponge Iron Manufacturers' Association (SIMA) should take up the issue of setting up ... More

SAIL plants told to share best practices
THE various units under Steel Authority of India Ltd (SAIL) have been urged to share their best practices for the overall improvement of the organisation. Mr U.P. Singh, Executive Director (Operations), said this would help the plants to ... More

TEXTILES


PM to open global meet on textiles
THE Prime Minister, Mr Atal Bihari Vajpayee, will inaugurate a three-day international conference on textiles in New Delhi on October 28. This conference, which was being held under the aegis of the International Textile Manufacturers' ... More

SSI


Windals solution for small, medium biz
WINDALS Infotech Pvt Ltd, has come out with an enterprise management solution (EMS) for small and medium-sized businesses. The EMS has been developed in-house with the expertise of Windals Auto Pvt Ltd, the parent company of Windals Infotech. ... More

WATER MANAGEMENT


Marginal rise in water levels in Kerala
THIRUVANANTHAPURAM: Water levels in the major reservoirs in the State— Kallada, Idukki and Idamalayar — have risen following rains during the past few days. At Idamalayar, the level rose by 15.68 ft to 477.56 ft from ... More

EDUCATION


Few takers for IT course in polytechnic colleges
Till a few years ago, Karnataka was the only State in the South offering good technical courses and students from other States flocked to these polytechnic colleges for admission. More

Awareness drive for education in Australia
IN an effort to attract more students from the Southern States, especially Andhra Pradesh, the Australian Education International (AEI) organised a seminar to sensitise students and education agents to the opportunities `Down Under'. More than ... More

  • Business management courses

    REAL ESTATE & CONSTRUCTION


    Middle-class surge
    An apartment complex coming up in Kochi. Flats are becoming popular in the urban areas of Kerala due to population pressure and high cost of land.

    More

    INDUSTRY ASSOCIATIONS


    Ambattur estate office-bearers
    CHENNAI: The following have been elected office-bearers of the Ambattur Industrial Estate Manufacturers' Association (AIEMA) for 2002-03 at the Annual General Meeting held on Saturday, according to a press release from the association: Mr ... More

    KNITWEAR & HOSIERY


    Tirupur producers hike prices of hosiery products
    TIRUPUR based hosiery manufacturers have increased the prices of all hosiery products sold for the domestic market by 5 per cent with effect from Tuesday. The rate increase will cover all popular domestic hosiery products such as the vests and ... More

    MINERALS


    Tenth Plan to ease private funding of minerals sector
    In its final chapter on minerals and industrial development to be dovetailed into the main Tenth Plan document, the Planning Commission has said the objective would also be to bolster R&D for technological beneficiation of low grade ores. More

    WTO


    Services export medium-term plan draft ready
    THE first discussion draft of the country's medium-term strategy on export of services is ready and will be taken up for further deliberations within the Department of Commerce, according to the Minister of State for Commerce and Industry, Mr ... More

    `GATS talks must lead to fair trade balance'
    The Minister of State for Commerce and Industry, Mr Rajiv Pratap Rudy, said the need for developing countries to insist upon a multilateral assessment of the trade in services even though the developed countries were taking a position that national a ssessment would have to be undertaken by the respective members. More

    INDUSTRIAL POLICY


    AP to promote four industrial `clusters'
    The State will also make the necessary recommendations to the Centre for sanction of grant under the industrial cluster development scheme. The Chief Minister also said incentives to promoters who have set up industries by acquiring assets of old uni ts would be given. More

    EVENTS


    Meet to discuss services export on Aug 27
    A seminar on services export to be held here on August 27 will cover the areas of healthcare, financial services, hospitality industry and logistics services. The one-day seminar is being organised by the Federation of Karnataka Chambers of ... More

    INCOME TAX


    `I-T Dept survey powers not tapped fully to boost revenue'
    Calling for a qualitative approach, Mr Narayan Jain, tax advocate and Chairman of DTPA's taxation sub-committee, said the Department could push collections in a big way even at the current tax base if the powers of survey are exercised fully. More

    EXPORTS & IMPORTS


    SEZ units can have special foreign currency accounts
    UNITS in Special Economic Zones (SEZs) will be allowed to have stand-alone special foreign currency accounts in lieu of the Exchange Earners Foreign Currency (EEFC) accounts. According to sources, the main benefit of such accounts is that they ... More

    TOURISM


    Dubai firm gets mandate for Rs 300-cr tourism projects in AP
    THE Dubai-based Emaar Properties has bagged the Andhra Pradesh Government's mandate to develop the Rs 300-crore tourism projects that encompass an international convention centre and a hotel along with a golf course in Manikonda village in Ranga ... More

    ECONOMIC OFFENCES


  • Kerala: Raids on shops
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  • Top Stories
    Maruti studying market for launch of Ignis


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    Tenth Plan to ease private funding of minerals sector

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    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
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    CII revises up industrial growth estimate to 4.5%

    Prasar Bharati to restart programme outsourcing

    Endosulfan remains a riddle shrouded in controversy

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    GoM grapples with problem of PSU dues


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