Financial Daily from THE HINDU group of publications
Saturday, November 30, 2002
Markets (Nov. 29)
BL 2501094.91 (+4.78)
BSE Sensex3228.82 (+8.07)
S&P CNX Nifty1050.15 (+0.45)
Dollar (Buy/Sell)48.29/48.42
Gold Std (10 gm)5220 (+20)

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  • Dumping duty on floatglass from China, Indonesia


    `You can't open up economy with a small window' - Mr Hari N. Harilela, Chairman, Hong Kong-based Harilela group
    IF India is to compete with China in economic development or attracting foreign direct investment (FDI), "the Indian politicians will have to do more than change the names of cities... from Bombay to Mumbai and Madras to Chennai," is the ... More

    Fiscal deficit up 20.8 pc in April-Oct
    THE Centre's fiscal deficit rose by 20.86 per cent to touch Rs 69,794 crore during April to October 2002 as against Rs 57,746 crore in the same period last year. The surge in expenditure coupled with slowdown in tax revenues contributed to the ... More

    `More transparency needed in regulation of services'
    THE role of the private sector in public services in Kerala has continued to expand, which demands that the State assumes more of a regulatory role moored on the basic tenet of transparency. This has emerged as one of the key implications of a ... More

    AP to speed up industry clearances
    PLANNING to set up an industry in Andhra Pradesh? All you have to do is file your application through the Internet and three hours later you have all the necessary clearances and licences. Indeed, within a year or so this will become a ... More


    `Group pricing policy not to hit urea producers'
    GROUP pricing policy for urea will not lead to a significant fall in retention price and consequently not impact the profitability of urea producers. According to a Cris Infac report, the group pricing policy, which has not yet taken final ... More


  • Free AIDS screening


    Approval, implementation norms for projects in for overhaul
    A sample check of some projects showed that the major reason for the delay or non-completion was "faulty" implementation which could be traced to "faulty or insufficient" planning at the DPR stage itself. More


    Petrol, diesel to cost 30-40 p less from tomorrow
    CONSUMERS will be paying 30-40 paise per litre lesser for petrol and diesel beginning next month following the recent drop in product prices in the international markets. ``I am happy that international crude prices have fallen. Oil companies ... More


    EREB wants new tariff system in East put off
    THE Eastern Regional Electricity Board (EREB) constituents want to postpone the introduction of the availability based tariff (ABT) system aimed at improving grid discipline. The decision to seek this deferment from January 1 to April 1, 2003 ... More

    REC relaxes lending terms to lighten debt burdens
    Sources said here that REC was willing to forego one of its major lending covenants — guarantees. Instead, REC has indicated that it was prepared to settle for reform-led alternatives. The relaxation comes close on the heels of the PFC making s imilar sops to mitigate borrowers' debt burden . More

    Fourth unit of Srisailam hydel plant commissioned
    THE fourth unit of the underground hydro power station on the left bank of the Srisailam reservoir was commissioned on Friday by the Chairman and Managing Director of the Andhra Pradesh Generation Corporation (APGenco), Mr J. ... More

    N.K. Singh fears over-regulation in petro goods
    THERE are fears that the Petroleum Regulatory Bill is a harbinger for over-regulation by the Government leading to micro-management of private enterprises by the Centre, according to Mr N.K. Singh, Member (Energy), Planning Commission. ... More


    Cane farmers to get low returns from cash-strapped sugar mills
    The sliding sugar prices have adversely affected the mills' ability to source working capital. More


  • Passports despatched


    Efforts on to tackle water crisis
    WATER crisis has taken firm roots in Andhra Pradesh and all the economically attractive resources are exhausted, according to Mr Anil Ch. Punetha, CEO of Water Conservation Mission and State Commissioner for Rural Development. Bringing Krishna ... More


    No high for breweries, distilleries
    WHEN the mercury is rising, a good chilled beer is as good as it gets. But for those in the business of brewing and distilling, this season appears to be overflowing with bottles of woes. An analysis of the financial results of 15 leading brewers ... More


    Meet to discuss ways to revive beedi industry
    Of the seven lakh workers dependent on the beedi industry in the State, over four lakh are from Dakshina Kannada and Udupi. More


  • New head for Thiruvananthapuram DD


    Law soon to implement right to education
    FOLLOWING Parliament's approval of the 93rd Constitutional Amendment Bill making free and compulsory education a fundamental right for children between the age group of six and 14 years, the Government has announced that it would introduce a ... More


  • 2 held for selling `fake' garments


    Cenvat on Tirupur knitwear cluster not feasible: TEA
    THE knitwear industry in Tirupur has drawn the attention of the Kelkar committee on the `impracticability' of bringing the small and medium enterprises (SMEs) dominated knitwear cluster like Tirupur into the `Cenvat' chain considering the ... More


    Jute sector hard hit as procuring agencies delay orders
    UNCERTAINTY looms large over the jute industry, as the procuring agencies of jute sackings have delayed placing of orders despite being assured a huge indent in the middle of November this year. Addressing a press conference, Mr G.M. Singhvi, ... More


    CII, Chinese counterpart to jointly tackle WTO issues
    THE Confederation of Indian Industry (CII) and its Chinese counterpart, CCPIT, have decided to set up a joint group to discuss matters relating to the World Trade Organisation (WTO) and work towards helping both the Governments in forming a ... More

    `US plan on industrial tariffs too ambitious'
    The US proposal to the World Trade Organisation (WTO) on elimination of all tariffs on consumer and industrial goods by 2015 is quite "drastic and ambitious" and seeks to go "far away" from the mandate that was agreed upon in the Doha Ministerial ... More


  • World Disabled Day on Monday


    Consumer activism gaining momentum
    Going by the number of disputes against the private sector, it is most often no better at providing service than the public sector. More


    Harshad, Sahara top I-T defaulters
    STOCK broker late Harshad Mehta and the Sahara group owe a staggering Rs 10,008.41 crore to the Income-Tax Department. Mr Mehta heads the list of 20 top income-tax defaulters owing the department Rs 5,429.57 crore. The combined dues of these ... More


    Singapore, Kerala form tourism working group
    SINGAPORE and Kerala have formed a joint working group to identify tourism investment opportunities in the State, according to Prof K.V. Thomas, Minister of Tourism and Fisheries. The working group would assess the tourism industry and suggest ... More


  • Rafeeque Ahmed is new FIEO chief
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    Top Stories
    HPCL, GAIL form venture to sell eco-fuels in AP

    Customerbroadcast set to double operations

    Spices Board steps in to check cardamom, pepper imports

    `You can't open up economy with a small window' - Mr Hari N. Harilela, Chairman, Hong Kong-based Harilela group

    LifeStyle mulls food retailing venture — Earmarks Rs 60-cr investment

    Fiscal deficit up 20.8 pc in April-Oct

    In Depth
    Gender Justice
    Simple Economics
    Small Investor
    Looking back
    Nov. 17-Nov. 23
    Tax rebates removal, a breach of trust: Experts

    `Promote neem on global arena'

    ICSE online courses eye school dropouts

    Industrial fuels sale up in October

    Non-basmati varieties may take a beating

    Met office aiming at accurate forecast

    Festive October brings smile back to auto sector players

    TV channels among biggest ad spenders in print media

    Garment exports up 15 pc in first half

    Parboiled rice exports hit by price hike

    Fiscal deficit under control: Narayan

    SC hearing on limited mobility — Cellular operators accuse DoT of ignoring TRAI recommendations

    Core sector growth in April-Oct at 5.6 pc — Cement, steel lead the pack

    Govt to relax FDI rules

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