Financial Daily from THE HINDU group of publications
Wednesday, April 09, 2003
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INDUSTRY & ECONOMY

TOYS


No kidstuff this
A bunch of Scooby-Doo toys imported from China are lined up at a shop in Hyderabad. The All India Toy Manufacturers Association estimates that by 2005, the toy industry in the country will be worth nearly $200 million. Large-scale imports of ... More

EXCISE AND CUSTOMS


Karnataka excise revenue exceeds Rs 2,110 cr
BANGALORE: The State has garnered excise revenues of over Rs 2,110 crore so far this year, while the total collections last year were Rs 2,400 crore, according to the Excise Minister, Mr M.M. Naniah. The Excise Department is also ... More

FOREIGN TRADE


India, Singapore sign trade pact
INDIA and Singapore on Tuesday signed a declaration of intent for a Comprehensive Economic Cooperation Agreement (CECA) between the two countries. The declaration was signed by the Commerce Minister, Mr Arun Jaitley and the Singapore Minister ... More

Scope for power-intensive industries in Africa
A DELEGATION from the Southern African Development Community (SADC), consisting of 14 member-countries, is on a four-day visit in Chennai to highlight investment opportunities available in their region. At a seminar here on Tuesday, the ... More

HEALTH


Karnataka: Authorities on alert to tackle SARS scare
THE State authorities are all geared up to tackle the SARS (severe acute respiratory syndrome) scare, with Central Government health service doctors posted at the airport to examine and screen disembarking passengers. Facilities are being ... More

POWER


Mumbai HC orders report on Dabhol
THE Mumbai High Court on Tuesday directed its appointed receiver to prepare a detailed report on the technical, commercial and financial feasibility of the 2184 MW Dabhol power project, with help from Indian lenders, within three months. The ... More

Kerala: Power tariff to be reviewed annually
`There is widespread fear that the Electricity Bill would lead to wholesale privatisation of the power sector. I would like to allay these fears here and now. We do not think privatisation is necessary.' More

STEEL


Jamshedpur to host Asia steel meet '03
JAMSHEDPUR is all set to host the 2nd Asia Steel Conference 2003 from April 9-12,2003. Over 400 delegates, including around 100 from other countries in Asia and Europe and the US are slated to attend the conference and present their perspective ... More

TAXATION


16 States may adopt VAT from June
THE West Bengal Finance Minister, Dr Asim Dasgupta, on Tuesday expressed hope that at least 16 States and two Union Territories will be in a position to fully implement Value-Added Tax (VAT) from June 1, the new deadline agreed on by these ... More

RADIO/TV


Basic tier fee for CAS at Rs 71.33
THE Government today took yet another step in assisting the implementation of a Conditional Access System (CAS) by fixing the price of the basic tier comprising free-to-air channels at Rs 71.33 (exclusive of entertainment and service ... More

REAL ESTATE & CONSTRUCTION


Dubai throws open real estate sector — NRIs upbeat on investing in property
FOR the first time, NRIs along with other expats living in the UAE have the option of investing in property in Dubai, following a decision by the Dubai authorities to throw open some major projects in the real estate sector to expatriates on a ... More

KNITWEAR & HOSIERY


AEPC seeks simple norms, enhanced drawback rates
THE Apparel Export Promotion Council (AEPC) Chairman, Mr Virendra Uppal, has pleaded for procedural simplification and enhanced drawback rates, following the withdrawal of excise and small-scale industry (SSI) exemption covering the garment ... More

MINERALS


Record output by KMML
THE State-owned Kerala Minerals and Metals Ltd (KMML), the leading manufacturer of rutile grade titanium dioxide pigment in the country, has achieved record production during 2002-03. The company produced 28,136 tonnes of titanium dioxide ... More

FOREIGN DIRECT INVESTMENT


Singapore proposes $1-b fund to invest in India
CAUTIONING India against slackening the pace of reforms, the Singapore Prime Minister, Mr Goh Chok Tong, on Tuesday announced that his Government was prepared to set up a $1-billion fund to invest in Indian businesses and infrastructure after ... More

WTO


`WTO talks must focus on development'
INDIA has said that the focus of the WTO negotiations currently underway should be on development issues as reflected on the Doha Work Programme. Expressing concern over lack of meaningful progress on any of the development-related issues such ... More

TRADE & LABOUR UNIONS


ITPO woos AP-based exporters
ITPO has decided to provide a package of facilities, including construction and decoration of a stand of 9 square metres, to and fro freight of exhibits, and handling and clearing of up to 250 kg of goods for foreign trade fairs. More

EVENTS


Foodtech fair to lay stress on industry development in Kerala
FOODTECH, the international conference and exhibition on food processing and packaging, to be organised here from May 6 to 11 is expected to play a major role in the development of the food processing industry in the State. The event, to be ... More

Centre to push for urban reforms
THE Centre will encourage State Governments to speed up urban reforms in areas such as computerisation of municipal bodies, streamlining property tax and enhancement of collection efficiencies, taking advantage of the Rs 500-crore Urban Reforms ... More

EXPORTS & IMPORTS


Project export promotion council mooted
AN official committee has suggested the establishment of a Project Export Promotion Council (PEPC) and an Export Development Fund in a significant move to bolster the country's project exports. The Government had set up a Task Force under the ... More

TOURISM


We're going out... they aren't coming in
FOR the first time, tourism has become a net negative foreign exchange earner, with the country increasingly emerging as a source rather than destination for international travel. During April-December 2002, the total forex earnings from ... More

SARS silver lining seen for tourism
THE spread of the Severe Acute Respiratory Syndrome (SARS), which is said to have originated from certain provinces in China and Hong Kong, may be leading to sleepless nights for the health authorities in the neighbouring countries but the ... More

PEOPLE


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    Top Stories
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    Credit limit for overseas ventures hiked

    We're going out... they aren't coming in

    New norms soon for pvt sector in major ports

    Do farmers have friends?

    Sri Lanka: Of peace without war

    Chennai's front office on the sands of time

    In Focus
    Run-up to Budget
    Kelkar Report
    Bottled water: How safe is it?
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    Housing Fin. rate war: Bonanza for consumers!
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collections
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Mar. 30-Apr. 5
    War makes way for tourists to feel God's own Country

    War, media and sheer hypocrisy

    Exim Policy provides more sops to SEZs

    Exim Policy proactive, says India Inc

    Cabinet okays six-level intervention plan — Rs 40,000 cr earmarked to rev up State power boards

    Rubber stocks dip on higher offtake — 30,000-tonne imports likely by tyre makers before August

    Will the war serve US interests?

    Offshore staff help forex kitty boom

    Incidence of cancer quite high in India

    ISRO team reviews draft on lunar mission


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