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Sunday, January 05, 2003

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INDUSTRY & ECONOMY

INVESTMENTS


Fine on print
THE fixed deposit programme of Tamil Nadu Newsprint and Papers is a good option for investors. The company's fundamentals have remained strong. However, the interest rates are lower than that offered by some of the leading manufacturing ... More

Stocks could be the saviour
THE year 2003 has started on a rather sombre note for savers. The sharp downtrend in the yields on government securities continues unabated. The yield on a 10-year government security fell to below 6 per cent. On cue, bankers immediately talked ... More

Max New York Life's Single Premium Insurance Bond
THE focus this week is on the Single Premium Insurance Bond of Max New York Life. By providing guaranteed benefits on maturity, coupled with tax incentives, such plans are an attractive option in a regime of falling interest ... More

  • ICICI Bank's tax saving bonds
  • IDBI exercises call option
  • SIDBI cuts rate on capital gains bonds

    COURTS/LEGAL ISSUES


    Cheque bouncing: HC allows appeal against conviction
    THE Madras High Court has held that an order of the Additional Sessions Judge setting aside the conviction by the lower court of the accused in a case involving bouncing of cheques could not be sustained for the reason that a defence witness was ... More

    ECONOMY


    Asian Social Forum for creating `another world'
    THOUSANDS of people who landed here from various parts of Asia to attend the meetings of the Asian Social Forum (ASF) believe that "another world is possible". "It is just as well that another world is possible, because the present one is ... More

    ENGINEERING


    Engineering companies: Ticking well
    ENGINEERING companies started 2002 started on a positive note with bulging order-books and profits. The share prices of some engineering company stocks soared to new highs, generating as much as 50 per cent returns during the past six months. ... More

    ENVIRONMENT


    One award GM can't be proud of
    GM vehicles alone account for about 1.65 per cent of world carbon emissions — a substantial amount for a single company. More

    FOREIGN TRADE


    UK Minister's visit to enhance trade ties
    THE three-day visit of the British Minister for Trade and Industry, Ms Patricia Hewitt, to India from January 6 marks the high-point of a year-long celebration of Indo-British Partnership (IBP) as also "a successful" culmination of a decade of a ... More

    TEXTILES


    Indian textile exporters threatened by neighbours
    FEARS are growing that India's neighbours will overtake it in the textile exports race post-2005, according to Mr Senthil Kumar, Chairman of PDEXCIL (Powerloom Development and Export Promotion Council). This is because the domestic textile ... More

    INDUSTRY ASSOCIATIONS


    Cetma proposes panel to iron out CAS issues
    THE Consumer Electronics & TV Manufacturers' Association (Cetma) has suggested the setting up of a Steering Committee primarily to iron out various issues in the implementation of the Conditional Access System (CAS). Cetma is one of the ... More

    FICCI meet on tax, corporate laws from Jan 15
    TO put forth the views of India Inc on the issues concerning the industry before the forthcoming Union Budget, the Federation of Indian Chambers of Commerce and Industry (FICCI) will organise a two-day annual convention on tax and corporate laws ... More

    SCIENCE & TECHNOLOGY


    Kalam weaves dream for space agencies
    IMAGINE a global `space' force taking care of virtually everything that one can think of, from drinking water, energy needs, connectivity, education, river networking, medicine, mining or navigation. Or even deflecting or killing the asteroid ... More

    ISRO plans planetary mission by 2015
    ISRO plans to carry out a planetary mission around 2015 in collaboration with international agencies, the ISRO Chairman, Dr K. Kasturirangan, said on Saturday. The domestic space agency is discussing several possibilities of scientific tie-ups ... More

    DISINVESTMENT


    Oil companies — Free them from Government control
    FOR those questioning why the state-run oil companies should be privatised, the Government came up with yet another compelling reason this week. It asked the oil companies, all of which are majority-owned by it, to declare interim dividends so ... More

    EVENTS


    You are No. 1
    The President, Dr A.P.J. Abdul Kalam, interacting with school children at the 90th Indian Science Congress in Bangalore on Saturday.

    More

    INCOME TAX


    Procedures/Rebates: Taxing gifts to your wife
    I AM a pensioner with an annual income of Rs 1,90,000. I want to gift Rs 2,00,000 to my wife. Kindly advise the tax implications of the income arising from this gift. A. Ramalingam Reply The income arising from out of the gift to ... More

    IT is not `higher education'
    MY son is employed and wants to continue higher studies in information technology. He is already a post-graduate, and intends to take a bank loan for his higher studies. Can he claim a deduction under Section 80E in respect of loan repayment, and ... More

    TOURISM


    India to woo tourists from Gulf
    RIDING on the back of a sudden spurt in overall tourist traffic to India in October and November last year, the India Tourism Office, Dubai, is initiating measures to attract more Arab tourists to visit India, particularly as increased airline ... More
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    Top Stories
    One award GM can't be proud of


    Crucial questions on MSP freeze, crop preference

    In Focus
    Inside China

    Stock scam unravelling
    Petrol pump controversy
    Kelkar Report
    Reliance & Telecom Competition
    2002: A drought year
    In Depth
    Gender Justice
    Simple Economics
    India Interior
    Consumer Notes
    Looking back
    Dec. 29-Jan. 4
    BJP, allies rap panel proposals

    Kelkar suggestion on edible oil duty a healthy one

    Traditional items push export growth in H1

    Tea futures marks Upasi bid to be supply chain leader — Mr N. Dharmaraj, Chairman of Upasi Tea Committee

    Gasohol programme watered down

    Ascon study upbeat on manufacturing sector

    Exports post 16% growth in Nov

    `Manufacturing must focus on tech'

    Rice exporters fault Govt policies, fear loss

    Will PPF retain glitter in the long run?


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