Financial Daily from THE HINDU group of publications
Thursday, May 01, 2003
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Financial Daily from THE HINDU group of publications Thursday, May 01, 2003 |
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INDUSTRY & ECONOMY BUDGET 
Jaswant announces more duty sops — Textiles major beneficiary; `States conformity on VAT must'LEAVING the introduction of the proposed value-added tax (VAT) regime hanging on a slender thread, the Finance Minister, Mr Jaswant Singh, today announced changes in his 2003-04 tax proposals both on the direct and indirect tax front including ... More
Finance Bill: Highlights of Jaswant's reply ECONOMY Delhi's Plan pegged at Rs 5,025 cr THE annual Plan of Delhi for the current fiscal has been pegged at Rs 5,025 crore at a meeting between the Planning Commission Deputy Chairman, Mr. K.C. Pant, and the State Chief Minister, Ms Sheila Dikshit. In his remarks, Mr Pant said the State ... More ENGINEERING Core sector focus bolsters engg, capital goods THE going has never been so good for the Indian engineering and capital goods industry. After plunging fortunes in the past few years, the last fiscal saw a reversal of trend. With the Government's increased focus on infrastructure development, ... More ENVIRONMENT FOREIGN TRADE New EU offer set to expand trade EVEN as the offer of the 15-member European Union (EU) on services was laid bare on Tuesday, the EU offers "fully preserved" European public services, in particular European health and social services, education and audio-visual services, where ... More
Belgium keen on joint ventures HEALTH TN to set up expert panel to monitor SARS THE Tamil Nadu Government will constitute a State-level expert committee to monitor the Severe Acute Respiratory Syndrome (SARS) situation, the Health Minister, Mr S. Semmalai, told the Assembly today. Replying to a special calling attention ... More INFRASTRUCTURE MoU signed for Kochi Kinfra Park IT zone THE Kerala Industrial Infrastructure Development Corporation (Kinfra) and the US-based Creative Infocity Inc have signed a memorandum of understanding for the establishment of an IT zone at the Kinfra Export Promotion Industrial Park in Kochi. ... More PETROLEUM Govt allows oil cos to lower stockpile WITH the Iraq war fever and the threat of disruption in product supply receding, the Government has allowed petro-marketing companies to run their business at lower inventory levels. The public sector oil marketing companies were asked by the ... More POWER CCEA clears Omkareshwar project estimates THE Cabinet Committee on Economic Affairs (CCEA) has approved Rs 2,224.73 crore as the cost estimate of the Omkareshwar Project (Unit I and III). The multi-purpose project is being constructed on the Narmada river and will have an installed ... More TAXATION No meeting point on VAT agenda, launch MAJOR differences over the implementation of a value-added tax (VAT) regime in 16 States from June 1 have cropped up between the Centre and the State Governments, threatening to derail the launch of the new tax reforms. States are not seeing ... More
VAT implementation — `Centre must compensate for revenue losses'
TN to deduct TDS for work contracts TEA TEXTILES I-T: Powerloom sector gets relief IN a major relief to the powerloom sector, the Finance Minister, Mr Jaswant Singh, on Wednesday said that the declaration of stock values not exceeding Rs 10,000 per powerloom would not be subjected to any scrutiny for income-tax purposes. As ... More
More concessions for textile sector announced
SITMA lauds Cenvat sops for small powerloom weavers WATER River linking projects — Centre lacks political will, says Patil "The people of Hubli would have got drinking water from Malaprabha if the project had been okayed by the Centre." More COAL RADIO/TV New-look Asianet Global being rechristened ASIANET Global, the round-the-clock Malayalam news and current affairs channel, is being restructured in order that the preponderant place of news-based programmes from this "other channel" belonging to Asianet Communications Ltd, the leading ... More
DD to set up KU band for wider reach EDUCATION SSC results on cell phones HYDERABAD: Bharti Mobile Ltd, promoted AirTel, on Wednesday announced that its mobile subscribers in Andhra Pradesh can access the SSC examination results on SMS, from 10 a.m. on May 1. The Head-Marketing, AirTel, AP, Mr Vijay ... More
TWO/THREE WHEELERS `Mobike sales may skid on poor monsoon' A WEAK monsoon could be a fresh dampener to the already decelerated growth in domestic motorcycle sales, senior officials from the two-wheeler industry said. According to Mr R. Chandramouli, Vice-President (Sales & Marketing), TVS Motor Co ... More TELEVISION SETS Mission health Consumer care takes on a new meaning nowadays with manufacturers of durables selling their wares on the health platform. Catalyst investigates the trend. More INDUSTRY ASSOCIATIONS CII mulls panel to revive manufacturing IN a bid to give a thrust to the manufacturing industry, the Confederation of Indian Industry (CII) has proposed to constitute a National Steering Committee to spearhead its initiatives for the revival of the sector. To be headed by the ... More DISINVESTMENT Big names eye PTDC assets A number of big companies including Club Mahindra of Chennai, Piccadily Hotels of Chandigarh, A.L. Batra Group and Pawha Builders of New Delhi, Neem Chameli Resorts of Amritsar and an overseas Indian group from the UK have evinced interest in the ... More FOREIGN DIRECT INVESTMENT 
Kalamassery truck terminal poised to be a reality soonTHE first project placed before the Global Investors Meet is going to be a reality soon with the commissioning of a truck terminal of international standards at Kalamassery on the outskirts of Kochi. The first phase of the Rs 12-crore project, ... More RURAL DEVELOPMENT HUMAN RESOURCES `Productivity crucial for labour survival' SENIOR trade unions leaders with varied political affiliations along with the West Bengal Labour Minister, Mr Md Amin, unanimously agreed that labour force must increase its productivity for the survival of the industry. According to them, ... More EVENTS CII debate calls for change in mindset THE day-long national debate on `Manufacturing Excellence in India', which was organised by the Confederation of Indian Industry (CII) and telecast live, evoked some interesting reactions from the participants at the workshop conducted by its ... More
Kerala Minister's homily to Industries Dept EXPORTS & IMPORTS RBI advice on rupee export credit MUMBAI: The RBI has extended the validity of the one percentage point reduction in the ceiling on rupee export credit to October 31,2003. The apex bank had advised such a reduction first in September 2002, which was to remain in force up ... More TOURISM STANDARDS & BENCHMARKS Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus SARS scare Truckers' Strike Telecom Competition Oil PSUs: Disinvestment dilemma NPAs in Banking In Depth Simple Economics Consumer Notes Tax Talk The Brahmananda collection NRIs & Investment Avenues Corporate Governance Gold: Still the winner? Cars: Always a beauty Books and Reviews Looking back Apr. 20-Apr. 26 Entertainment policy on the anvil CII finds mobiles, housing finance leading the charge Rs 90,178-cr tax arrears uncollected as on March '02 Investment proposals in Karnataka worth Rs 3,620.33 cr approved — TVS Motor, Infosys, Intel figure in list USFDA to bring in stringent measures to regulate imports `Indian students flocking to US varsities despite recession, 9/11' The phenomenon of `energised inflation' Chennai, Bangalore real estate values firm up |
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