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Thursday, August 22, 2002
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INDUSTRY & ECONOMY

ANTI-DUMPING


Dumping duty on POY from S. Korea, Turkey
THE Designated Authority in the Commerce Ministry has recommended imposing definitive anti-dumping duty on all imports of partially oriented yarn (POY), a yarn of polyester, from South Korea and Turkey. POY is an intermediate that is subjected ... More

ECONOMY


Core sector grows 9.3 pc in July
EVEN as the economy faces the prospect of a sharp decline in agricultural production due to the monsoons playing truant this year, there is continued good news flowing on the industrial front. The official index of the six `core' infrastructure ... More

ENGINEERING


Bangalore & machine tools — made for each other?
MACHINE tools might not be a match for its better-known cousin, information technology (IT), that has put Bangalore on the global map. But no one can deny the fact that much before IT even got into the lexicon, Bangalore had made rapid strides ... More

National Manufacturing Technology Show: Holding the `Ace' thru sheer effort
AMONG the major machine tool companies in Bangalore is ACE Designers Ltd, which was conceived in 1979 when three enterprising design engineers, Mr A.V. Sathe, Mr Srinivas Shirgurkar and Mr B. Machado committed to pool their resources to start a ... More

ENVIRONMENT


`Brown haze impact exaggerated'
THE scare being sought to be raised over the so-called Brown Cloud hanging over the Asian landmass and its likely impact on monsoon and agriculture in the country have been dismissed as speculative and based on poor assessment of the ... More

IIT to introduce pollution-free vans
CHENNAI: Indian Institute of Technology, Madras, has introduced electric vans manufactured by Bharat Heavy Electricals Ltd (BHEL), to reduce the pollution caused by the increased number of vehicles on the campus. These noise and ... More

Central order on distilleries irks TNPCB
THE Tamil Nadu Pollution Control Board has joined issue with the Central Pollution Control Board for by-passing the State Government and issuing closure notices to a number of distilleries in the State. According to officials, the Central ... More

AP Govt earmarks Rs 650 cr for forest project
A SPECIAL forest development project has been taken up in 14 districts of the State with an outlay of Rs 650 crore, the Chief Minister of Andhra Pradesh, Mr N. Chandrababu Naidu, said here on Wednesday. Addressing forest officials at the Dr MCR ... More

India set to do a Doha at Johannesburg summit
AFTER making its presence felt at the Doha Ministerial Conference of the WTO, India looks set to stand its ground at the forthcoming World Summit on Sustainable Development (WSSD) at Johannesburg from August 26. "India will oppose any efforts ... More

FOREIGN TRADE


Bengal seeks to tap leather markets in South Africa
Urging the industrialists present to explore the possibilities of business opportunities with Southern African countries in the leather sector, the Minister assured full support from the State's side for strengthening initiatives in this regard. More

INFRASTRUCTURE


Public-private partnerships in infrastructure `not adequate'
Pointing out that the coverage of urban population through civic amenities such as sanitation and supply of potable drinking water was still low, he remarked that inadequacy of urban infrastructure adversely impacted the environment. More

POWER


`1.6 billion do not have access to electricity'
ABOUT 1.6 billion people today have no access to electricity and 2.4 billion rely on primitive biomass cooking and heating. In the absence of radical new policies, 1.4 billion will still have no electricity in 30-years' time, according to Mr ... More

`Make energy while the sun shines'
"MAKE hay while the sun shines." In the Indian context, this proverb should be redefined to "make energy while the sun shines". Giving this piece of advice, economist and Andhra Pradesh Governor, Dr C. Rangarajan, said in India with the sun ... More

Move to prevent grid collapses due to over-drawals
IN order to minimise grid failures on account of over-drawal of power during periods of low frequency, the Regional Load Despatch Centre (RLDC) has been authorised to disconnect lines of defaulting States when the frequency drops below 49 Hz. The ... More

STEEL


Panel for wide-ranging reliefs to ferro alloy units
THE committee set up the Union Government to assess the demand for ferro alloys during the Tenth Plan period has made several recommendations towards removing the constraints hampering the industry. Its first recommendation is that power should ... More

Sponge iron cos urge dumping duty on scrap
THE conflict between sponge iron manufacturers and the electric arc furnace (EAF)-based steel industry has taken a new turn, with the Sponge Iron Manufacturers Association (SIMA) filing a petition seeking imposition of anti-dumping duty in ... More

TAXATION


Drought surcharge on the cards?
The officials, however, clarified that the additional surcharge route would be taken only after exhausting all other options, including re-appropriation of demands under various Plan schemes and dovetailing these with drought-related projects. More

WATER MANAGEMENT


Rain centre inaugurated
The Tamil Nadu Chief Minister, Ms Jayalalithaa, agricultural scientist Dr M.S. Swaminathan, and the Secretary, Municipal Administration and Water Supply Department, Ms Santha Sheela Nair, at the inauguration of the Rain Centre in Chennai on ... More

INDUSTRY ASSOCIATIONS


Nasscom sees pricing pressure bottoming out
THE National Association of Software and Service Companies (Nasscom), a grouping of Indian software exporters, feels that "there are indications of pricing pressure bottoming out," its president, Mr Kiran Karnik, has said. "Pressure from the ... More

READYMADE GARMENTS


Bind tariff for garments export at 20%: CIAE
THE Confederation of Indian Apparel Exporters (CIAE) has suggested to the Government of India to bind the tariff-line for garment at a uniform 20 per cent with a condition that lowering the import tariff for garments should be linked to similar ... More

SCIENCE & TECHNOLOGY


NIO centre at Vizag bags ISO 9001
THE regional centre of National Institute of Oceanography (NIO) at Visakhapatnam, a major ocean research facility on the east coast, has been awarded the ISO 9001 certification by TUV, Germany, for quality system for research in oceanography and ... More

EVENTS


Manufacturing tech show opens today
THE National Manufacturing Technology Show (NMTS 2002), an exhibition of indigenous machine tools and manufacturing solutions, will be inaugurated on Thursday at the Ace Designers Complex in Peenya Industrial Area here. The five-day ... More

  • Hyderabad Engagements

    INCOME TAX


    Banks reject tax challans sans PAN
    IF remittance of tax dues is mandatory, can banks turn down challans for want of a `Permanent Account Number (PAN)'? This is exactly what is happening here, for no fault of the assessee. Banks have, during the last couple of days, refused to ... More

    EXPORTS & IMPORTS


    'Raw sugar imports to replenish stocks' — Part of cost-effective operations, says Sakthi Sugars CMD
    SUGAR mills in the country have begun to import raw sugar as part of their operations to be cost-effective. In a situation of excess stock position, rock bottom rates in the international arena, high cost of financing the working capital ... More

    TOURISM


    Maharashtra shows its wares
    Maharashtra is pulling out all the stops with a high-decibel campaign to attract a cross-section of tourists to the state. More

    Plans for big boost to tourism in Haldia
    GIVEN the steady growth of this port city as the nerve centre of industrial activity in West Bengal, the Haldia Development Authority (HDA) has finalised a long-term tourism development-cum-investment plan with a vision to transform the ... More

    Uttaranchal names global consultants for tourism plans
    THE Government of Uttaranchal has appointed international tourism consultants, Panell Kerr Foster Consultants Ltd (PKF), to undertake two master plans — re-opening of the three high altitude airstrips in Pithoragarh, Uttarkashi and Chamoli ... More


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  • Top Stories
    `Tata reputation will stand the test of time'


    Sustaining development — An opportunity in Johannesburg

    Shakti LPG turns sick — Net worth wiped out

    Nasscom sees pricing pressure bottoming out

    Customers still to benefit: TRAI survey

    Banks reject tax challans sans PAN

    'Raw sugar imports to replenish stocks' — Part of cost-effective operations, says Sakthi Sugars CMD

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Aug. 11-Aug. 17
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    Students make a beeline for foreign professional courses

    `Gaping holes' in education Bill

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    FDI at $2.51 b sets new record in H1

    Morgan Stanley cuts forecast to 4.7%

    Software exports from STPI units up 47 pc

    Car market shifting gear; end of the road for Maruti 800?

    CII revises up industrial growth estimate to 4.5%

    Prasar Bharati to restart programme outsourcing

    Endosulfan remains a riddle shrouded in controversy

    Felling of trees made an offence in AP

    GoM grapples with problem of PSU dues


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