The Hindu Business Line : Tuesday, May 13, 2003

`Women must be consulted on Budget'
DR Poornima Advani, Chairperson of the National Commission for Women, has suggested here that women groups should be consulted before preparing the Union Budget. "Views of 50 per cent of the population should be reflected in the annual ... More

ECONOMY

Manufacturing pushes up industrial growth to 5.8 pc
A STRONG recovery in the manufacturing sector has helped push up industrial growth to 5.8 per cent in fiscal 2002-03, from 2.7 per cent in the previous year. As per the latest estimates of index of industrial production (IIP) released by the ... More

`NDA managed economy well during Iraq war'
THE Union Finance Minister, Mr Jaswant Singh, on Monday claimed credit on behalf of the Government for what he considered to be better management of the Indian economy during the recent crisis of the US attack on Iraq. "Compare what India did ... More

Kerala's annual Plan fixed at Rs 4,430 cr
THE annual Plan of Kerala for 2003-04 has been fixed at Rs 4,430 crore, which is inclusive of additional Central Assistance of the order of Rs 80 crore. This has been decided at a meeting between the Planning Commission Deputy Chairman Mr K.C. ... More

FOREIGN TRADE

Mozambique invites Indian industry
THE President of Mozambique, Mr Joaquim Alberto Chissano, today said that Indian enterprises could play a role in business links, technology and investment in Mozambique. Addressing captains of industry, he outlined the various investment ... More

POWER

Simhadri Plant: Technical snag likely to persist
THE Simhadri power plant at Parwada has been facing problems since April 20 and was often forced to stop generation "due to problems cropping up in the transmission system caused by the salinity in the atmosphere and consequent failure of the ... More

Evacuation system causing outages near Simhadri: NTPC
RECENT outages at the National Thermal Power Corporation Ltd-owned, 1000-MW Simhadri power plant in Visakhapatnam was due to the evacuation system rather than due to problems in the plant itself, according to the Executive Director of NTPC ... More

TAXATION

UPASI workshop on VAT today
TO explain the concept and implications of Value Added Tax (VAT), the United Planters' Association of Southern India (UPASI) is organising a workshop at the Tea Trade Association of Coimbatore on May 13. Experts from the three southern States ... More

TEXTILES

Powerloom weavers court arrest
EVEN as the extended deadline for declaration of textile stocks for `Cenvat' duty credit claims expires on Monday, the Erode-based textile traders and powerloom weavers largely connected to the grey fabric trading went on a picketing agitation ... More

TYRES

Tyre makers to urge Govt to rescind ban — Following SC ruling on rubber import under advance licence
TYRE manufacturers are likely to urge the Government to rescind the ban on import of natural rubber through advance licence scheme following the Supreme Court's order upholding a Bombay High Court ruling holding the ban null and void. "Once we ... More

RADIO/TV

Multi-system operators give thumbs-up for CAS
AFTER broadcasters, content providers, today it was the turn of multi-system operators (MSOs) to meet the Minister of State for Information & Broadcasting, Mr Ravi Shankar Prasad. While the former two have been expressing worries about the ... More

Govt open to airing news on FM
THE Government is open to the idea of allowing private FM radio broadcasters to air news, but will open up the sector only after looking at all the aspects. Speaking at the Foreign Correspondents Club, the Information and Broadcasting Minister, ... More

One Alliance bouquet goes off the air in Kerala
FOR cable television subscribers in Kerala, 2003 has proved to be an eventful year so far. First, there was the blackout of popular sports channels ESPN and Star Sports by cable operators in the State. And now, the "temporary withdrawal" of ... More

GEMS & JEWELLERY

Jewellery complex ready for inauguration
THE gems and jewellery complex in the Visakhapatnam special economic zone is ready for inauguration and the entrepreneurs in the field should take full advantage of the facilities offered here and set up units. At a promotional meet organised ... More

DAIRY & DAIRY PRODUCTS

`Dairy sector shifting focus on ethnic products'
THE dairy industry is witnessing rapid changes. In search of better returns, the industry is widening its focus to include traditional milk products, and these are emerging as new profit centres for the organised sector. As of now, ethnic dairy ... More

`Biscuits will cost more post-VAT'
BISCUITS are a poor man's bread, but though the proposed VAT on bread is 4 per cent, biscuits are faced with a VAT imposition of 12.5 percent, lament biscuit manufacturers. Not only will the proposed move eat into the revenues of the estimated ... More

WTO

SARS strengthens case for drugs at affordable cost — Singapore, others may join India's stand at WTO
EVEN as the killer-flu SARS (Severe Acute Respiratory Syndorme) affects the health of economies in the Asian region — it just may add fuel to the fire-power of India and other developing economies in their stand on public health at future ... More

LABOUR REFORMS

ILO unveils report on unfairness at work
THERE is no `one size fits all' approach for achieving equality at work, nor will discrimination disappear from the workplace because it is forbidden, were some of the key messages in `Time for equality at work' - the International Labour ... More

EVENTS

`Cost data can resolve tariff tangle'
TO resolve tariff tangle, cost data will come as a handy tool for the telecom industry. Expressing this view at a seminar organised by the Institute of Cost and Works Accountants of India (ICWAI) on `Cost Accounting Records (Telecommunications) ... More

ALTERNATIVE MEDICINES

Rigid product norms stem herbal exports
EXPORT potential of the Indian system of medicines such as Ayurveda and Siddha is although very high, issues such as standardisation of products and lack of relevance to current therapy areas put its share in the $62-billion market to just 0.3 ... More

PEOPLE

New FCI chief

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