Financial Daily from THE HINDU group of publications
Tuesday, September 09, 2003
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INDUSTRY & ECONOMY

ANTI-DUMPING


Dumping duty mooted on floatglass imports
IMPORTS of clear as well as tinted varieties of floatglass (thickness 2 mm to 12 mm) from China and Indonesia may turn more expensive, with the Designated Authority in the Commerce Ministry recommending a definitive anti-dumping duty on imports ... More

ECONOMY


`Bengal industrial climate improving'
IN a recent "Business Perception Survey: West Bengal 2003" carried out by the Indian Chamber of Commerce (ICC), among a cross section of 60 captains of industry, corporate CEOs and opinion makers in the State's business circle, some 55 per cent ... More

FOREIGN TRADE


Scope for more trade with Singapore underscored
THE Minister of State for Urban Development and Poverty Alleviation, Mr P. Radhakrishnan, on Monday said that the potential for mutual co-operation between India and Singapore is immense. Addressing a seminar on `India-Singapore: Partnership in ... More

Washington State team in Mumbai to strengthen ties
A 15-member trade delegation from the State of Washington, led by Mr Sam Reed, Secretary of State, visited Mumbai on Monday as part of its programme to contribute to increasing trade between India and the Washington State. This is the first US ... More

HEALTH


PSI to implement AIDS campaign in 12 major ports
POPULATION Services International (PSI), a voluntary organisation, is implementing HIV/AIDS prevention programme in the 12 major ports with funding support from the US Agency for International Development (USAID). Mr Justin DeNormandie, ... More

  • AP constitutes pre-natal diagnostic board

    INFRASTRUCTURE


    PSBs limit exposure to infrastructure projects
    Banking sources said that absence of exit options was one of the major reasons for the slow growth in credit offtake and the consequent low credit deposit ratios. More

    POWER


    Calcutta High Court sets aside WBERC power price hike
    A DIVISION bench comprising Justice Banerjea and Justice S.P. Talukdar of the Calcutta High Court today set aside the decision of the West Bengal Electricity Regulatory Commission (WBERC), which enhanced by 52 paise the cost of every unit of ... More

    TAXATION


    Tax collection at source for metal scraps put off
    THE Union Government has again put off its decision on collection of 10 per cent tax at source (TCS) on non-ferrous metal scrap, trade sources have said. The implementation of this levy, perceived by the trade to have adverse impact, had earlier ... More

    Selection norms for technical staff on tax tribunal flayed
    SENIOR lawyers and practising chartered accountants, while welcoming the move by the Union Government to set up a national tax tribunal (both for direct and indirect taxes) for speedy disposal of appeal cases have criticised the selection ... More

    Event management cos face confusion over service tax
    The event management services (EMS) were brought under the service tax net by the Finance Act, 2002, with effect from August 16, 2002, vide a notification. More

    TYRES


    Tyre cos seek rubber export subsidy review
    "The total subsidy for rubber exports works out to over 23 per cent. This includes Rs 3.50 a kg cash subsidy extended by the Centre, waiver of rubber cess of Rs 1.50 per kg by the Rubber Board and exemption of purchase tax of 12.65 per cent." More

    WATER


    Centre to take up Rs 1,000-cr water harvesting project
    THE Union Minister for Rural Development, Mr Kashiram Rana, has said that the Centre would soon take up a Rs 1,000 crore water harvesting project. "The programme details are being given final touches. The likely duration of the project would be ... More

    TN planning to aid Siruthuli project
    `PROJECT Siruthuli', a public initiative taken up in Coimbatore to revive the water sources in and around the city, has received a shot in the arm with the State Government considering a proposal to extend assistance to the project, estimated to ... More

    RADIO/TV


    Licence fee for radio, TV sets favoured
    THE Chairman of Prasar Bharati, Mr M.V. Kamath, is for the imposition of licence fee for radio & TV sets at the point of purchase. Concurring with the idea mooted by the Prasar Bharati CEO, Mr K.S. Sarma, he said there are nearly 125 million ... More

    I&B Ministry to hold meet with States on CAS
    IN yet another attempt to try and implement the conditional access system (CAS), top officials of the Information and Broadcasting Ministry (I&B) will meet officials of the four States where the system has been mandated. Sources in the Ministry ... More

    EDUCATION


  • ISB programme begins tomorrow

    REAL ESTATE & CONSTRUCTION


    FaL-G technology for using fly ash in housing schemes
    THE Fly Ash Building Material Manufacturers' Association (FABMAS) has come forward to execute a housing scheme at Singhnagar in Vijayawada under `Valmiki Ambedkar Awas Yojana' scheme. According to a press release issued here on Monday by the ... More

    PRECIOUS METALS


    Farm output recovery may drive demand up for gold
    FOR bullion marketers in countries such as India with large unsatiated demand for gold, the latest World Bank forecast that over the medium-term, prices are expected to fall below $300 an ounce as supplies from all sources exceed demand is sure ... More

    INDUSTRY ASSOCIATIONS


    CII-sponsored `green' meet from Sept 19
    TRIGGERING a `national movement' green business, the Confederation of Indian Industry and its Sohrabji Godrej Green Business Centre is holding a two-day summit beginning September 19 with the theme `Green is competitive'. Announcing this at a ... More

    Singapore-India chamber delegation meets Bengal CM
    A DELEGATION from the Singapore-India Chamber of Commerce today held discussions with the West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, and his Industry Minister, Mr Nirupam Sen, showing interest in sectors such as infrastructure, ... More

    CINEMA


    Auditing panel mooted for film business
    TRANSPARENCY on the revenue side of the Indian film business as a means to ensuring organised financing for film production, was emphasised at a discussion on film financing organised by FICCI here recently. Raising the point, Mr Sunir ... More

    NEWSPAPERS & PUBLISHING


    India, Pak publishers sign agreement
    THE Federation of Indian Publishers (FIP) has signed a memorandum of understanding with Pakistan Publishers and Booksellers Association (PPBA). Under this, the FIP and PPBA would jointly form a working group for the exchange of information and ... More

    WTO


    WTO drugs deal: Does it really benefit developing countries?
    The recent eleventh-hour agreement on TRIPs and public health concerns of poor countries has been hailed by some as a major breakthrough, while others argue that the resolution is purely cosmetic. In this edition of Macroscan, C. P. Chandra sekhar and Jayati Ghosh consider this latest agreement in the background of the previous experience and debate. They conclude that it does not provide much relief either to poor countries that may need to import drugs or to generic manufac turers of drugs in developing countries. More

    SECURITY


    Holograms aren't for products alone — Govt depts too seek stamp of safety
    NOT just FMCGs and private sector manufacturing companies but Government departments too are queuing up to get their products hologrammed. Among the Government bodies which have taken recourse to the security ring that a hologram offers are ... More

    EVENTS


    Good governance exhibition in Oct
    A THREE-DAY international exhibition `Good Governance India' and a conference on `Good Urban Governance — Making Cities Work' would be held here from October 29. Fairfest Media Ltd, an organiser of trade fairs in the country, will be ... More

    TACED meet from tomorrow
    THE Tamilnadu Council for Enterprise Development is organising a five-day programme in the city, starting from September 10, for potential exporters aimed to inculcating extrepreneurial skills for export ventures, apart from covering various ... More

    INCOME TAX


    Last date for filing TDS returns extended
    THE Finance Ministry has extended the last date for filing of TDS (tax deducted at source) returns to November 30, for tax deducted during 2002-03. The last date for filing of annual returns had earlier been extended uniformly to September 30 ... More

    PEOPLE


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    Top Stories
    Shipowners association in a spot over seafarers' union row


    Forex assets double but earnings up a tad for RBI — High-yielding domestic assets base shrinks

    Tyre cos seek rubber export subsidy review

    Bharti, Reliance take toll on CellOne

    Was `Golden Rice' known to Indian farmers centuries ago?

    WTO drugs deal: Does it really benefit developing countries?

    Holograms aren't for products alone — Govt depts too seek stamp of safety

    In Focus
    Cola Controversy
    The Cable tangle
    Indo-China Relations
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    In Depth
    In Kashmir
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Corporate Governance

    Looking back
    Aug. 31-Sep. 6
    SBI staff asked to keep tab on transactions of `terrorist groups'

    Consumer durables see festival support

    Portfolio management schemes — the in-thing

    Exports in July rise 5.75 per cent

    `Auto component sector must move up value chain'

    Rebound in global FDI likely in 2004, says Unctad report

    CBDT okays new investment pattern for PFs

    Dave for phasing out PPF scheme

    SC reserves order on BPCL, HPCL disinvestment

    `Indians have the highest job rates among Asians in UK'


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