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Wednesday, October 01, 2003
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INDUSTRY & ECONOMY

OUTSOURCING


  • GKM ties up with US co

    ECONOMY


    Powered by manufacturing, services sectors — First quarter GDP grows 5.7 pc
    THE Indian economy has registered a healthy growth rate of 5.7 per cent during the first quarter of the current fiscal, over and above the 5.3 per cent figure for the corresponding period of 2002-03. What is particularly encouraging about the ... More

    Global economy searches for new growth engine
    Is it not high time that Europe, Japan, China and India boosted domestic demand, markets and internal growth engines? More

    Net foreign liabilities decline $20 b
    THE net foreign liabilities of the country have come down by $20 billion over the past five years. According to the data on `India's international investment position' released by the Reserve Bank of India today, the net foreign liabilities ... More

    Farm sector set for rebound
    THE farm sector is set for a spectacular rebound this year, courtesy the monsoon. The Agriculture Ministry on Tuesday projected production of kharif foodgrains, oilseeds and cotton to rise by 19.86 per cent, 63.56 per cent and 40.92 per cent, ... More

    Current account shows $1.2 b deficit in April-June period
    THE country's current account has registered a deficit of $1.2 billion during the April-June 2003 period, reversing a trend of surplus positions for six consecutive quarters since the third quarter of 2001-02. During this period, quarterly ... More

    External debt rises $5 b
    INDIA'S external debt has increased by $5 billion to $109.6 billion in the first quarter of the current fiscal from $104.6 billion as at the end of March 2003. According to figures released by the RBI, "The increase in external debt during the ... More

    Cover guarantees to get rating, Crisil tells States
    CREDIT Rating Information Services Ltd (Crisil) has tightened its methods of assessing the credit-worthiness of State Government-guaranteed papers and has begun insisting that the guarantors fund the liabilities. Speaking to Business ... More

    Develop Surat as global centre: Jaswant
    THE Finance Minister, Mr Jaswant Singh, on Tuesday asked the Gujarat Government to develop Surat as an international centre for trading, manufacturing and industrial activities. Addressing an international conference organised by CII, Mr Singh ... More

    HEALTH


    Healing touch for all
    Telemedicine offers immense scope to bring people under the health cover but more must be done to make it effective. More

    Telemedicine link tested
    KOCHI: Reliance Infocomm on Tuesday demonstrated a preview of its enterprise solutions capability for telemedicine display. Reliance Infocomm, in association with Televital, demonstrated the technology by providing 2-Mb bandwidth ... More

    Blood donation camp
    THIRUVANANTHAPURAM: Surgicals major, Terumo Penpol, is joining hands with the All Kerala Blood Donors Society (KEBS) to conduct a blood donation camp on Wednesday, nationally observed as blood donation day. An official of Terumo Penpol ... More

    HOTELS


    Croatia invites investments in hotel sector
    KEEN to attract more tourists from India, Croatia has invited the Indian business community to participate in its ongoing disinvestment of hotels. "Croatia welcomes Indian investments, particularly from the hotel industry, the Croatian ... More

    INFRASTRUCTURE


    Kinfra workshop to identify export infrastructure in Kerala
    THE Kerala Industrial Infrastructure Development Corporation (Kinfra), in association with Infrastructure Development Finance Corporation (IDFC) has organised a workshop on identification of infrastructure requirements for increasing exports from ... More

    PETROLEUM


    Nine new bidders for 22 oil, gas blocks
    BRITISH energy major BG, Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Russia's Zarubezneftgaz, were among the nine first time bidders for the 24 oil and gas exploration blocks offered under the fourth ... More

    PHARMACEUTICALS


    Scope seen for clinical research outsourcing
    THE potential India offers for taking up outsourced clinical trial research by a string of global pharma companies was highlighted at the 37th annual general meeting of the Organisation of Pharmaceutical Producers of India (OPPI). Setting the ... More

    TAXATION


    Direct tax revenues rise 15 pc
    THE country's direct tax revenues rose by 15.07 per cent on the back of a sharp 28.5 per cent growth in corporate tax collections in the April to September period this year. According to a Finance Ministry statement, the total tax collections ... More

    TEXTILES


    Synthetic textile exports surpass target by Rs 450 cr
    "More pertinent is the fact that 92 per cent of the exports are non-quota products." Thus, the industry is poised to tackle the quota free regime in 2005, Mr Rakesh Mehra said. More

    WATER


    Indo-Bangla water talks collapse
    THE 35th meeting of the Indo-Bangladesh Joint River Commission remained inconclusive with the Bangla delegation apparently not convinced about India's stand that the ambitious river inter-linking project would not harm the neighbouring country's ... More

    EDUCATION


    Ministry keen to set up fly ash training institute
    THE Union Ministry for Urban Development is willing to support the setting up of a national training institute for promoting the utilisation of fly ash and rice husk ash and create trained manpower. Announcing this, the Minister of State for ... More

    REAL ESTATE & CONSTRUCTION


    IT, retail drive realty boom in Bangalore — Project quality, quick completion add to the demand
    DEVELOPERS today not only focus on aesthetics of the building but are also taking significant measures to improve efficiencies, size of floor plates, car parking requirements and reliability of infrastructure. From the days when artificially ... More

    INDUSTRY ASSOCIATIONS


    FICCI signs pact with London chamber
    THE Federation of Indian Chambers of Commerce and Industry (FICCI) and the London Chamber of Commerce and Industry (LCCI) has signed an agreement of cooperation to promote and strengthen the development of economic and trade relations and ... More

    Case for SEZ at Coimbatore
    A REQUEST to the Union Commerce Ministry to play a proactive role in establishing a special economic zone (SEZ) in Coimbatore district to meet the requirements of entrepreneurs not only from this region but from other areas too has been made by ... More

  • CII meet on transparency

    KNITWEAR & HOSIERY


    Exports from Tirupur to US surge
    The premier knitwear town of Tirupur has pulled off a big punch in its exports to the coveted US market with a whopping 74 per cent rise in exports to America in 2002 calendar. And, the surge in Tirupur's share in total US exports from India ... More

    TEXTILE MACHINERY


    Revamp of textile engg industry sought
    THE domestic textile engineering industry continues to be dogged by falling share of its supplies of machinery to the user-industry compared to the total demand for textile machinery. Though the Textile Engineering Industry (TEI) recorded a 10 ... More

    SCIENCE & TECHNOLOGY


    Insat 3E to free ISRO from leased transponders
    INSAT-3E, the latest Indian satellite in space since Sunday, is expected to make the national space agency self-sufficient in transponder capacity. Once it is put to work, it will free ISRO from the lease of 23 transponders on two foreign ... More

  • NGRI scientist bags award

    NEWSPAPERS & PUBLISHING


    `Samaj' launches edition in Vizag
    MANY parts of Orissa and coastal Andhra Pradesh, both of which were in the erstwhile Madras presidency, share a common ethos and cultural heritage and therefore both States should strive together to better the lot of people and promote their ... More

    LABOUR REFORMS


    Skill-development course for child labourers planned in AP
    THOUSANDS of children engaged in child labour doing menial jobs in hotels spread across the State will be freed and admitted to skill-development courses being taken up soon. The Andhra Pradesh Hotels Association and the Iranian Hotel Owners' ... More

    EVENTS


    Mumbai to host Maritime expo from Oct 8
    REPRESENTATIVES of shipping companies from 25 countries, including the Netherlands, Belgium, Germany, Norway, USA, UK, Sweden and Denmark, will gather at Mumbai to attend the third India International Maritime Expo (INMEX) from October 8 to ... More

    Prop World expo from tomorrow
    THE second edition of Prop World, a property related exhibition, will have on offer 9,000 properties and 40 builders from Chennai and Bangalore. The exhibition will be held between October 2 and 5 and is organised by the Rotary Club of Madras ... More

  • Karnataka engagements
  • Hyderabad Engagements

    INCOME TAX


    Last-hour rush!
    With September 30 being the last day to file the income-tax returns, people queue up at Mayur Bhawan in New Delhi on Tuesday.

    More

    TOURISM


    11.6 pc rise in foreign tourist arrivals in India
    THERE has been a significant jump in foreign tourist arrivals in India between January and June this year compared with the same period last year, even as proactive measures are underway to promote India's tourist attractions in the Gulf region ... More

    `Tourism has major role in poverty eradication'
    INDIA registered a growth of 14.2 per cent in tourist arrivals and about 16 per cent in forex earnings in January and February 2003, despite various negative factors on the global front, which affected tourism to other countries, according to Ms ... More

    Road map to push tourism in big way
    There will be more focussed marketing outside the country at the travel marts. More

    `Develop Dhanushkodi as tourist centre'
    AN appeal to the State Government to develop Dhanushkodi near Rameswaram as a tourist centre, where a new track is to be laid by the Railways, was made by the Union Minister of State for Railways, Mr A.K. Moorthy, here. While participating at ... More

    PEOPLE


    PRSI office-bearers for Mangalore-Manipal Chapter
    MANGALORE: The installation of the office-bearers of the Public Relations Society of India (PRSI), Mangalore-Manipal chapter, will be held here on Wednesday. Dr H.S. Ballal, Vice-Chancellor of Manipal Academy of Higher Education ... More

  • Lalit Mathur is NIRD chief
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
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    Top Stories
    Karnataka IT Secy seeks voluntary retirement


    `Coal demand-supply gap likely to widen'

    Insat 3E to free ISRO from leased transponders

    11.6 pc rise in foreign tourist arrivals in India

    Ministry's bid to make air travel hassle-free

    Old age profile dogs shipping fleet

    Rlys selling tourist train concept to corporates

    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
    Sep. 21-Sep. 27
    If domestic companies get level playing field ...
    `WTO-bound 20 pc duty on paper products not a threat'


    `£10 b Indo-UK trade target attainable'

    Better services key to alleviate poverty: World Bank

    ISRO says 2-tonne satellite a safe bet

    Have you left a will? It's time for estate planning

    `Poor show by infrastructure sectors bucks growth trend'

    Cotton textile exports up 8 pc

    Biotech sector set to grow 25-30 pc: Survey

    Readymade garment exports up 2.2 pc in first-half

    Now, text can be heard as speech over telephone


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