Financial Daily from THE HINDU group of publications
Friday, October 17, 2003
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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Cloud seeding remains a blind shot
`SEEDING' with a chemical agent may modify a cloud's development and precipitation, but scientists have not been able to confirm that these induced changes result in verifiable, repeatable changes in rainfall, hail fall, and snowfall on the ... More

PENSION PLANS


Govt hints at widening target base for pension scheme
The Government is currently talking to multilateral agencies and other countries for assistance to set up the Central Record-keeping Agency (CRA). The CRA is expected to be hub of the entire pension sector. More

ECONOMY


Moody's may upgrade foreign currency debt rating
INTERNATIONAL rating agency Moody's Investors Service today said it might upgrade India's foreign currency debt rating in view of the country's strong external position. However, the agency has affirmed its negative outlook on India's domestic ... More

FOREIGN TRADE


IRAQ DIARY
Business opportunities in Iraq beckon Indians
AT the moment Iraq is a rich hunting ground for business opportunities; not only of the huge variety holding the interest of global business conglomerates but also at the middle and smaller levels. That is why, on the ship, Jabal Ali 1, ... More

HEALTH


  • Dialysis at doorstep in Bangalore

    INFRASTRUCTURE


    $240-m IBRD loan for Allahabad project
    The 84.7-km Allahabad bypass is the last remaining section of the Golden Quadrilateral. More

    PETROLEUM


    Stand-alone refineries spared from subsidy burden
    THE Government has decided not to burden stand-alone refinery companies with the Rs 8,000-crore subsidy bill on kerosene and LPG for the current fiscal. This is despite a recent Cabinet decision to split the subsidy burden among all the companies ... More

    POWER


    11 State power boards cut losses up to Rs 5,000 cr
    POWER sector is looking up with as many as 11 State electricity boards (SEBs) having reported reduction in losses over the last two years and public-sector generation companies increasing their recoveries from SEBs, the Power Secretary, Mr R.V. ... More

    TAXATION


  • FKCCI hails entertainment tax cap

    RADIO/TV


    CAS rollout a `complete disaster'
    MR Kunal Dasgupta, CEO of Sony Entertainment Television, has become the co-chairman of the FICCI Entertainment Committee. Filmmaker Mr Yash Chopra is the Chairman of this committee. Mr Dasgupta, giving the keynote address at the FICCI ... More

    Essel Group's DTH to offer 5 film channels
    THE Subhash Chandra-promoted Essel Group's direct-to-home (DTH) platform may not have big broadcasters on board but five new film channels in various genres including action and comedy are being offered on it. Premier Cinema will showcase new ... More

    EDUCATION


    Call to revamp commerce course to suit industry needs
    ACADEMICIANS must revamp the B.Com course to meet the needs of the industry, the Chief Executive (Finance and IT) of BASF India Ltd, Mr S. Ramanath, has said. Delivering the keynote address at a State-level conference on "Corporate challenges ... More

    HCV/LCV/TRACTORS


    `Replacements, low cost funds fuel growth in CV sales'
    THE growth in the sale of commercial vehicles (CVs) in the country seems to be fuelled by both replacement of older vehicles as well as expansion of the fleet strength by the transport operators who for nearly two years were complaining of fall ... More

    MANPOWER


    VRS, the cutting edge tool of India Inc
    NEARLY 90,000 jobs in 30 companies have been lost to technology, globalisation, disinvestment, mergers or acquisitions in the last 3-5 years, . This came to light in a Business Line study of the VRS experiment of the top 30 companies in ... More

    INDUSTRY ASSOCIATIONS


    RBI should allow rupee to appreciate, says Assocham
    THE Associated Chambers of Commerce and Industry (Assocham) has suggested that the Reserve Bank of India should allow the rupee to appreciate further instead of intervening actively in the forex markets thereby pushing up the reserves, as the ... More

  • PHDCCI's new entertainment division

    ECONOMICS


    Puzzling bourses? Try this
    THE news that two profs share this year's Nobel for Economics is already known. What may, however, not be so clear to many is why they got what they got. So, here are all those questions lay people want to send to the Royal Swedish Academy of ... More

    LABOUR REFORMS


    PM stresses need to amend labour laws
    THE Prime Minister, Mr Atal Bihari Vajpayee, has reiterated the Government's position to amend the country's labour legislations to make them more employment-friendly and less biased towards the organised workforce. "The existing labour laws ... More

    TRADE & LABOUR UNIONS


    SC ruling on right to strike: PM favours consensus
    THE Prime Minister today toed a cautious line on the recent Supreme Court ruling that government employees have no fundamental right to go on strike, while favouring a `consensus' over the issue. "The apex court's judgment has not been liked by ... More

    SECURITY


    Navy to buy network capability
    VISAKHAPATNAM: The Indian Navy is moving in the direction of acquiring "network-enabled capability" which the US Navy has, according to the outgoing Flag Officer Commanding-in-Chief of the Eastern Naval Command (ENC), Vice-Admiral Raman ... More

    EVENTS


    US financial sector offers major break for Indian IT industry
    THE US financial services sector has thrown open ample opportunities for the Indian information technology services industry in the area of high-technology cooperation in the recent years, especially after the September 11 terrorist attacks and ... More

    American food products' fest
    CHENNAI: Nilgiris will be showcasing a wide range of US food product at an American Food Festival from October 17 to November 30 in several prime cities of South India. According to a press release, the festival is organised by the ... More

  • Hyderabad engagements

    EXPORTS & IMPORTS


    Govt mulls off-season apple imports from NZ
    THE Government will examine the possibility of importing apples from New Zealand during off-season, especially to cater to the South Indian markets, as part of trade promotion understanding with that country. India and New Zealand have also ... More

    TOURISM


    Karnataka to sell health tourism at London meet
    INSPIRED by the growing interest in Bangalore as a destination for Health Tourism, the State Tourism Department has decided to take its campaign to the World Tourism Market to be held in London soon. "We will present health tourism as a new ... More
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    Top Stories
    Consumer durables must go rural way for growth: Study


    Soya output may touch 7 mt

    India Inc, getting lean and nimble

    `India can be leader in global Web services market'

    Business opportunities in Iraq beckon Indians

    11 State power boards cut losses up to Rs 5,000 cr

    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
    Oct. 5-Oct. 11
    Asian currencies: New global scapegoats

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

    `VAT is the key for economic growth'

    8 pc GDP growth possible this year, says Lahiri

    Oilmeal exports may top 35 lakh t

    Project finance: Investors are still playing safe

    `India, Thailand need to widen trade basket'

    8% growth target difficult without reforms: NCAER

    Protecting the migrant workers' interests

    Rise in global prices, demand for exports — Fall in cotton prices likely to be capped


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