The Hindu Business Line : Thursday, March 13, 2003

Looking for a good bet
NOT so long ago, one could put money in a bank fixed deposit account and take home double the investment in about five years or even less. Today, one has to carefully plan out where each penny goes to make sure that your kitty doesn't lose ... More

AUTOMOBILES

Indian auto industry close to global standards
THERE is a quality revolution in the light vehicles industry so much so that the gap between the Indian and the global light vehicles industry is narrowing down, according to an official of J.D. Power, the international firm that undertakes ... More

Budget hopes drive down car sales during Feb
DOMESTIC passenger car sales fell 22.7 per cent in February as consumers postponed their purchases in anticipation of a price decline following an excise duty reduction in the Budget. After eight successive months of growth, total sales fell to ... More

BUDGET

Extra levies feared in Karnataka Budget
Considering the fact that elections would be held in the State next year, the general perception among the trade and industry is that some populist measures are likely to be announced. More

ECONOMY

Industry grows 6.4 pc in January
INDUSTRY continues to be on revival mode, with the official Index of Industrial Production (IIP) registering a healthy 6.4 per cent year-on-year growth during January, compared to 3.8 per cent in the same month last year. According to the ... More

FOREIGN TRADE

Textile market access tops agenda of EU talks
Pakistan was eligible for export of clothing (Chapter 60 to 63) to EU at zero customs duty. The concessions would have major impact on India's exports to EU and might result in trade diversion in excess of 250 million euro. More

INFRASTRUCTURE

Roadmap for future of SEZs in offing
THE Commerce Minister, Mr Arun Jaitley, on Wednesday said that he would take up certain pending issues concerning special economic zones (SEZs) with the Finance Ministry to ensure that the 17 approved SEZs get off to a good start. Addressing ... More

`Priority to local body projects'
THIRUVANANTHAPURAM: The Minister for Local Administration, Mr Cherkalam Abdullah, has described as baseless reports to the effect that the State Government has been dilly-dallying on the issue of giving technical clearance to projects ... More

PLASTICS

High input cost hits plastics units
THE Rs 25,000-crore plastics manufacturing industry in India has been badly hit by a sharp rise in the prices of domestic raw materials during the last few months, forcing it to cut production by 40 per cent of the installed capacity. According ... More

POWER

Will TNERC pull the plug on free power?
WITH the Tamil Nadu Government reportedly expressing its inability to foot the bill for free supply of electricity to farmers and huts, even while lending its support to the policy of continued free power supply to them, the electricity consumers ... More

Increase in power tariff decried

RUBBER

TN, Tripura plan projects to boost rubber output
TRIPURA is likely to emerge a prominent player in India's rubber map if a proposal by the State Government to set up a Rubber Industries Park there succeeds. The State Government is actively considering a proposal to set up this park, the ... More

TAXATION

Delhi to modify draft VAT Bill
THE Government of the National Capital Territory of Delhi proposes to bring about further changes to the draft value-added tax (VAT) Bill. These modifications are being undertaken to take care of the concerns expressed by different ... More

SSI

Tax relief for khadi sector
THE Governments of Kerala, Rajasthan, Jharkhand and Uttranchal, among others have said that the khadi village and small-scale sector in their States will not be taxed. Addressing a press conference, the Chairman of the Khadi and Village ... More

States to provide tax relief to SSI sector
"Several State Governments are sympathetic to the cause of the sector. We are getting positive response from several States." More

WATER

'Presence of pesticides in bottled water blown out of proportion'
THE fracas over pesticides in bottled water is an issue that has been blown out of proportion, according to FRESH (Foundation of Food Research and Enterprise for Safety and Hygiene), a Bangalore-based NGO which works towards food safety. ... More

CIGARETTES

Going up in smoke
If the Centre goes ahead and bans cigarette advertising, it will mark the end of a promotional segment that saw the best of brand-building campaigns. More

EDUCATION

Education fair for engineering colleges in TN
WITH admission to engineering colleges just round the corner, Zak Span is organising an education fair for engineering colleges in Tamil Nadu, which will be held in Chennai, Coimbatore and Madurai. Mr Syed Zakir Ahmed, Chairman, Zak Trade Fairs ... More

CARS

SUVs set to blaze new trail
AFTER the buzz created by the `D' segment cars, it is now the turn of sports utility vehicles (SUVs) to stir up excitement in the Indian automobile market. Some companies have already launched their SUVs, while some others plan to do so in the ... More

INDUSTRY ASSOCIATIONS

FICCI officials meet Modi
TWO of FICCI's top guns, Dr Amit Mitra and Dr A.C. Muthiah, called on the Gujarat Chief Minister, Mr Narendra Modi, on Wednesday and held prolonged discussions. Today's meeting between Mr Modi and the FICCI, was ostensibly to declare mutual ... More

CII signs MoU with Japanese body
THE Confederation of Indian Industry (CII) on Wednesday signed a memorandum of understanding (MoU) with Nippon Keidanren to provide a framework for sustainable cooperation between the business communities of India and Japan. The signing of the ... More

BIO-TECH & GENETICS

Bio 2003 in Bangalore from April 15
THE third edition of Bangalore Bio, the Karnataka-sponsored annual biotechnology meet and trade fair, will have nearly 100 companies as participants, including several biggies such as Eppendorf, Sartorius and Novozymes. Bangalore Bio 2003 will ... More

RURAL DEVELOPMENT

Expert demands national policy to promote ARIs in Kerala
A COMPREHENSIVE and dynamic national policy for Agro and Rural Industries (ARIs) is the need of the hour as this sector has the potential to be the engine of growth for Indian economy. "The ARIs need a more focussed attention at both the macro ... More

LABOUR REFORMS

Labour laws to be amended for creating more jobs
Most of the labour enactments in the State have been found to be out of tune with the requirements of the day. The nature of work and its profile have also changed substantially in the recent past. More

TOURISM

APTDC to build hotel in Shirdi
IN an effort to provide better facilities to the increasing flow of pilgrims from Andhra Pradesh to the temple town of Shirdi in neighbouring Maharastra, the Andhra Pradesh Tourism Development Corporation (APTDC), will soon take up the ... More

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