Financial Daily from THE HINDU group of publications
Friday, November 15, 2002
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INDUSTRY & ECONOMY

AWARDS & HONOURS


Awards for apparel makers
THE Clothing Manufacturers' Association of India (CMAI) has instituted national awards for excellence in apparel to recognise the efforts of manufacturers and retailers in the industry. The association also honours those who have made a lifetime ... More

COURTS/LEGAL ISSUES


Karnataka HC asks Govt to spell out policy on life-saving drugs — Stays implementation of pharma policy
THE Karnataka High Court has stayed the implementation of the National Pharmaceutical Policy 2002 until the Centre comes out with a list of essential and life-saving drugs in consultation with the Union Ministry of Health & Family Welfare. It ... More

ECONOMY


Positive impact on Indian currency seen — Moody's upgrade likely
The review was primarily based on the substantial strengthening of the country's external financial situation. More

Knowledge, tech hold key to growth, Kalam tells children
THE President, Dr A.P.J. Abdul Kalam, today said that knowledge and technology, driven by competition and innovation, should be the primary production resource base of India in the 21st century. Addressing nearly 1,400 school children and ... More

  • Centre not to raise borrowings

    ENVIRONMENT


    TN: 4 municipalities show the way in managing solid wastes
    Despite devolution of financial powers to urban local bodies, only three to five per cent of the budget was allocated for solid waste management. More

    EXCISE AND CUSTOMS


    Major reshuffle in Customs, Excise depts
    In the reshuffle, the CBEC has created two separate Customs (Sea) Commissionerate for export and import. More

    FOREIGN TRADE


    `India must get its basics right for more global trade'
    THE gap between India and China, in relation to world market share, is widening and will continue to do so if the differences in culture and infrastructure between the two countries remain as they are, according to Prof Egon B. Heil, Professor of ... More

    US to ease export of high-tech items to India
    INDIA and the US have agreed to stimulate bilateral high technology commerce towards realising their goal of transforming India-US relations, signalling a sort of a distinct easing of restrictive technology regime the US has been adopting towards ... More

    Canada hopes to double trade with India
    CANADA is hoping to double the $2-billion (2001) Indo-Canadian trade, and an MoU has been signed between PCI and Tata Consultancy Services in Andhra Pradesh, according to Canada's Minister of Natural Resources, Mr Herb Dhaliwal. The Minister ... More

    Japanese trade team coming
    A HIGH-LEVEL business delegation from Japan will visit India between December 18 and 21. "The visit, being organised by the Federation of Indian Chambers of Commerce & Industry, will cover Bangalore and Kolkata'', Mr S K Birla, Chairman, ... More

    Croatia offers passage to European markets
    MR Stjepan Mesic, President of Croatia, has said that there is a need to change the current relatively low level of economic co-operation as compared with the good political relations between the two nations. The President was addressing an ... More

    HEALTH


    Gates gets a taste of rural healthcare
    FROM Seattle to Shadnagar, the technology man — Mr Bill Gates, Chairman of Microsoft Corporation, has come a long way on a mission with a difference — that is of empowering the rural healthcare system by supporting a major vaccination ... More

    Vaccine programme is my commitment to society: Gates
    The Program for Appropriate Technology in Health (PATH) was expanding the path of vaccines. For instance, all children in the US would get Hepatitis B vaccine. "We want all children in India also to get this vaccine". More

    Sections of new mental health Act opposed
    THE Indian Association of Private Psychiatry has opposed the implementation of the new Mental Health Act, 1987 saying that various sections in the Act would affect the smooth functioning of private mental hospitals in the State. Speaking to ... More

    INFRASTRUCTURE


    Project investments flat in Sept quarter: Survey
    THE services sector, which has been a major engine of growth in the country over the past year or so, is among the sectors affected by the general slowdown in the investment scenario, according to a survey. The findings indicate that project ... More

    FIPB turns down AP township plan
    THE Foreign Investment Promotion Board (FIPB) has rejected Andhra Pradesh Housing Board's (APHB) plan for the development of an integrated township near Hyderabad, through a joint venture with IJM (India) Infrastructure Ltd. The proposal has ... More

    PSU


    No fresh guarantees, Karnataka Govt tells PSUs
    The devolvement is partly on account of the inability of the state-owned entities to service outstanding debts. The outstanding guarantees provided to state public sector corporations had increased to Rs 12,000 crore, sources said. More

    Keltec supplies TPMs to BARC
    THE State-owned Kerala Hitech Industries Ltd (Keltec) has supplied two pairs of three-piece manipulators (TPMs) developed by it to Bhabha Atomic Research Centre (BARC). TPM is an import substitute for handling hazardous materials, including ... More

    PESTICIDES


  • Pesticides sector wins case against CBEC

    PETROLEUM


    Petro prices set to soften
    CONSUMERS can heave a sigh of relief with the oil marketing companies set to reduce the prices of petrol and diesel in line with the recent softening in global crude prices. "I am happy that international crude prices have fallen. So, if the ... More

    POWER


    N-power to touch 10,000 MW by 2008
    THIRUVANANTHAPURAM: The share of nuclear power in the total electricity generated in the country would be around five per cent by the end of the 11th Plan, according to Dr Anil Kakodkar, Chairman of the Atomic Energy Commission. ... More

    Kerala: Electricity regulatory panel set up
    THIRUVANANTHAPURAM: The Kerala Government has constituted a State Electricity Regulatory Commission with Mr M.K.G. Pillai, former Director-General of Central Power Research Institute, as the Chairman. The other members of the commission ... More

    TAXATION


    Kelkar hints at changes in report
    DR Vijay Kelkar, Advisor to the Finance Minister, today gave an indication that his panel on direct and indirect taxes would look at incorporating changes or even dropping some of the recommendations made in the Consultation Paper, considering ... More

    CST phase-out from April 2004
    INDIA Inc may be in for some disappointment. The Finance Ministry has agreed to cut the Central sales tax (CST) to 2 per cent only from April 1, 2004, one year after the proposed implementation of value-added tax (VAT) by States. The levy will be ... More

    VAT Bill in winter session: Jaswant
    THE Government will introduce a Bill in the forthcoming Winter Session of Parliament to enable the implementation of Value Added Tax (VAT) in the country from April.1, 2003, the Finance Minister, Mr Jaswant Singh, has said. According to Mr ... More

    SSI


    Vizag SSI survey under way
    A SURVEY of the small scale units in Visakhapatnam district has been undertaken by the Visakhapatnam District Industries Centre (DIC) as part of the nationwide third census of registered and unregistered units in all States. A DIC press release ... More

    RADIO/TV


    Cable operators told to clear tax dues
    THE Pollachi Municipality has issued an ultimatum to the cable TV operators to remit their tax dues immediately or face stringent action. The entertainment tax arrears is said to have mounted to Rs 30 lakh. The Municipality has served notices ... More

    EDUCATION


    Kerala Cabinet clears mass computer literacy plan
    The programme aims to give at least one member from each family some 15 hours of focused training on how to use computers, access e-mail and the Internet. More

  • CII, Bangalore college plan joint seminars

    MEDICAL INSTITUTIONS & HOSPITALS


    Development project for AIIMS unveiled
    Under the new plan, all the three campuses within the AIIMS premises would be revamped with enhanced floor area ratio and increased ground coverage. More

    REAL ESTATE & CONSTRUCTION


    Bid to expedite housing projects — Govt simplifies norms for layout approvals
    IN an apparent bid to give a push to the real estate sector, the Tamil Nadu Government has decentralised the authority for according approvals to the promotion of layouts in Corporation, Municipalities and town panchayat areas. The State ... More

    SCIENCE & TECHNOLOGY


  • Joshi for stronger scientific ties with European Union

    WTO


    Broad front needed for WTO talks, says Shourie
    THE Minister for Disinvestment, Commerce and Industry, Mr Arun Shourie, has underscored the need to ensure that the process of the ongoing multilateral negotiations is carried forward on a broad front. This, he said, is to ensure that the ... More

    SOCIAL WELFARE


  • Elders health card launched

    EVENTS


    Trade fair off to impressive start
    THE two-week long India International Trade Fair on Thursday got off to a glittering start with major corporates, from both India and abroad, displaying their variegated wares for trade promotion and commercial cooperation. Inaugurating the ... More

    2-day workshop on aseptic processing
    A TWO-DAY technical workshop for the pharmaceutical industry will be held here on November 15 and 16 on aseptic processing. The All-India Drug Control Officers' Confederation and technology provider, Millipore, are hosting the workshop. The ... More

    Seminar on map technology
    WITH India emerging as a major data conversion centre for Geographic Information Systems (GIS), a four-day international conference on the subject - Map India 2003 - is scheduled to be held in the Capital between January 28 and February 1, ... More


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  • Top Stories
    Salary bills go up as software cos hire more


    Allahabad HC stays UP decision on statutory price for cane

    Disclosures must not end with IPOs

    Cost-cutting, exports are India Inc's new mantras

    Chacha Kalam

    Agencies find new ways to beat cuts in adspend

    Project investments flat in Sept quarter: Survey

    CST phase-out from April 2004

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Nov. 3-Nov. 9
    Use of anti-dumping measures declines — China `dumps' the most, while India probes the most

    `FDI computing system needs changes'

    CII pegs GDP growth rate at 5.4 per cent

    319 medicinal plants of Indian origin endangered

    Asia-Pacific CEOs see bleak year ahead for world economy

    Bill Gates thrust this time is healthcare

    Export drive helps reduce mounting foodgrain stocks

    PSUs worried over funds in IFCI

    Kelkar hits salaried class the hardest

    Lanka may outstrip God's Own Country

    Pension, social security cover for unorganised sector on the anvil

    Pay thru the roof

    Ethanol blended petrol to cost up to 75 p less


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