Financial Daily from THE HINDU group of publications
Tuesday, October 07, 2003
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INDUSTRY & ECONOMY

EMPLOYMENT


Employment 2010 and the seven trends
EMPLOYMENT as we know it is unlikely to exist in a few years. But how different will it be and what are the trends that will characterise employment a few years from now? In an attempt to find some answers to these questions, Totus Consulting, ... More

CLIMATE & WEATHER


`Depression' brings widespread rains
THIS is that time of the year when the withdrawing southwest monsoon runs into charged-up atmospheric systems on both sides of the peninsula. A string of `low pressure' zones and `depressions' rev into life over vast expanses of the Bay of ... More

ANTI-DUMPING


Dumping duty on caustic soda mooted
THE Designated Authority in the Commerce Ministry has recommended imposition of definitive anti-dumping duty on imported caustic soda from Chinese Taipei, Indonesia and the European Union (excluding France). In its final findings notified here ... More

ECONOMY


Asian currencies: New global scapegoats
America's twin deficits, many economists fear, would lead to a collapse of the dollar and global recession. In their desperation to find a solution, they have turned their attention to Asia, with the demand that governments, especially the Chinese Go vernment, should revalue exchange rates, so that adjustment in the US would be smooth and growth would be triggered in Europe and Japan. In this edition of Macroscan, C. P. Chandrasekhar and Jayati Ghosh assess this effort to fin d new whipping boys to conceal American sins. More

ENVIRONMENT


`Project Siruthuli' looking at power or manure
THE `Project Siruthuli' team in Coimbatore is looking at two options to convert the huge garbage generated in the city every day — to generate power or manufacture manure — and consultants from both India and abroad have shown ... More

MCH gearing for Musi project
THE Municipal Corporation of Hyderabad (MCH) is gearing to take up the River Musi conservation project, which would involve installing five sewerage treatment plants and recharge of acquifers, according to its Commissioner, Ms Chitra ... More

`Auto fuel policy an eyewash'
THE Centre for Science and Environment has rejected the national auto fuel policy announced earlier today saying that it is "nothing better than an eyewash". "The policy is so weak and uncaring about public health objectives that it virtually ... More

FOREIGN TRADE


CII spots areas for tie-up with Thailand
ON the eve of the Prime Minister, Mr Atal Bihari Vajpayee's arrival in Thailand on a three-day visit, the Confederation of Indian Industry (CII) has identified seven potential areas of co-operation to promote trade and investment ties between the ... More

POWER


Blackout in parts of Maharashtra
Although supplies to eastern districts of Maharashtra remained unaffected, power supply to Sangli, Kolhapur, Satara, parts of Pune, Thane and Raigad districts collapsed. More

TAXATION


Delhi traders protest against TIN order
A LARGE number of trade leaders belonging to more than 150 trade organisations of Delhi on Monday staged a `Protest Sit In' against recent TIN (Trader Identification Number) order of the Sales Tax Department of Delhi Government. The traders ... More

April-Sept direct tax collections rise 16 pc
THE direct tax collections for the period April-September, 2003 have showed an increase of 16 per cent over the corresponding period last year. This is above the targeted growth of 15.9 per cent. According to an official release, it was felt ... More

ST collections top Rs 500 cr in Kerala
THIRUVANANTHAPURAM: Sales Tax collections touched a record Rs 500.72 crore during September. This is the first time that these revenues crossed Rs 500 crore, a State Government official said here. This represented a jump of 37 per cent ... More

TEXTILES


EU charges on bed linen exports — Govt, Texprocil likely to submit reply by Oct 10
THE Union Government, along with Texprocil, is likely to submit its reply to the European Union by October 10 against the European Commission's charges of subsidies on Indian cotton bed linen exported to EU countries. Recently, the European ... More

WATER


`Water management must focus on conservation'
With water available to agriculture set to drop by 21 per cent by 2020, there is an urgent need to enhance efficiencies, Dr M. Velayutham said. More

Drinking water project for Surathkal
MANGALORE: The Surathkal MLA, Mr K. Vijaykumar Shetty, has said that the State Government had given technical approval for the Rs 14-crore Rajiv Gandhi Community Drinking Water Supply project to be taken up in 13 villages of his ... More

RADIO/TV


Ministry seeks more details on Digiwave
DISSATISFIED with the response sent by Ispat Group's Music Broadcast Pvt Ltd (MBPL) on Radio City, the Information and Broadcasting (I&B) Ministry has shot off another letter seeking further clarifications on Digiwave, a Star company which is its ... More

EDUCATION


AP to probe admissions to pvt medical courses
AMIDST allegations of irregularities in the medical and dental admissions, the State Government has decided to "investigate" the entire admission process, particularly with regard to the `B' category admissions. Addressing a news conference ... More

LEATHER


US team to visit Indian footwear facilities in Nov
A TEAM of executives from US companies will be visiting Indian footwear manufacturers next month with the aim of sourcing their import requirements from these companies. Sources at the Council for Leather Exports (CLE), the Union Commerce ... More

CINEMA


Maharashtra theatres may down shutters on Oct 17
MORE than 1,120 single-screen cinema theatres in Maharashtra have threatened to close down on October 17 and observe a `Black Diwali,' after the State Government failed to resolve their demands for tax breaks and other facilities. ... More

DISINVESTMENT


No decision yet on IOC sell-off: Naik
WITH the minutes of the meeting of the Cabinet Committee on Disinvestment (CCD) last week on the splitting of IOC still awaited, the Petroleum Minister, Mr Ram Naik, on Monday said that "no decision has been taken" on IOC ... More

IOC employees threaten strike
EMPLOYEES of Indian Oil Corporation Ltd have threatened to go on an indefinite strike to protest the Cabinet Committee on Disinvestment's proposal to sell a part of the company's business after splitting it. "To begin with, we will go on a ... More

INDUSTRIAL POLICY


50% remission in stamp duty for SIDCO, SIPCOT sites, says TN
THE Tamil Nadu Government has announced a 50 per cent remission on stamp duty for industries purchasing plots and sheds in industrial estates developed by SIDCO and SIPCOT. While the order has been welcomed by the manufacturing community in ... More

EXPORTS & IMPORTS


Engg goods post 53 pc growth — Gems exports fail to shine in Apr-May
NOTWITHSTANDING a double-digit export growth of 11 per cent during the first two months of the current fiscal, traditional export items such as textiles, gems and jewellery, plantations and marine products underperformed causing concern to the ... More
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Asian currencies: New global scapegoats

Engg goods post 53 pc growth — Gems exports fail to shine in Apr-May

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

Looking back
Sep. 28-Oct. 4
More gains likely for garment trade in post-quota regime

Publishing industry making it big in foreign markets

Car demand seen registering 8 per cent annual growth

`Post-2005, watch out for textile tariff barriers'

11.6 pc rise in foreign tourist arrivals in India

Insat 3E to free ISRO from leased transponders

Export growth slows in Aug — April-Aug trade deficit zooms to $6,044.68 m

`EU water norms for finished beverages will be tough to follow'

Zee to launch DTH without other major broadcasters on board

What ails introduction of new drugs

`38 pc of small industry units staying closed'


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