Financial Daily from THE HINDU group of publications
Thursday, December 18, 2003
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INDUSTRY & ECONOMY

BUDGET


TN foodgrains merchants seek I-T exemptions
THE Tamil Nadu Foodgrains Merchants Association, in a pre-budget memorandum, submitted to the Union Finance Minister, Mr Jaswant Singh, has demanded that the income-tax exemption limit be raised from Rs 50,000 to Rs 1 lakh and the I-T slabs ... More

ECONOMY


Apply tech power to agri, industry: Kalam
APPLICATION of knowledge-based technology in agriculture and industry could make India a developed nation by 2020 and improve the plight of the 240 million people below the poverty line, according to the President, Dr A.P.J. Abdul ... More

ENVIRONMENT


Coke to form council on environment
THE Indian Advisory Board of Coca-Cola India has decided at its first meeting here on Tuesday to form an India Environment Council. Mr Justice B.N. Kirpal, former Chief Justice of India, will lead the Council as its Chairman. The India ... More

HEALTH


Natco Pharma unveils two more anti-cancer drugs
NATCO Pharma Ltd (NPL), a city-based pharmaceutical company, has announced the launch of two more anti-cancer drugs - Natfost (amifostine injection) and Hyurea (hydroxyurea capsules). In a release on Tuesday, NPL said that Natfost ... More

Kerala NGOs urge Govt to formulate blood policy
The State-level blood programme should be ensure the safety of blood, using the key strategies recommended by the World Health Organisation. More

PETROLEUM


SCOPE for oil cos to bid in sell-off
THE Director-General of the Standing Committee of Public Enterprises (SCOPE), Mr S.M. Dewan, has welcomed the report of the Parliamentary Standing Committee on Petroleum and Chemicals favouring public sector oil firms to bid for companies being ... More

POWER


Task force report on power reforms by Dec 24
THE National Task Force report on power sector reforms, for putting in place an enabling fiscal legislation for the power and energy sectors, will be submitted to the Union Finance Minister by December 24.Talking to newspersons here today on the ... More

TAXATION


VAT panel meet to announce fresh implementation date
THE fresh date for uniform implementation of Value-Added Tax (VAT) in all the 28 States of the Union will be decided only after the crucial meeting of the Empowered Committee of State Finance Ministers for VAT implementation in January in New ... More

TEXTILES


Indo-Tunisian textiles group to meet next month
THE Indo-Tunisian joint expert group on textiles and apparels is to meet in mid-January to further firm up areas of joint co-operation in the field of promoting exports in the emerging world trade. The group would identify areas of strengths ... More

SSI


Small foundry units stir gets `big' support in Coimbatore
NEARLY 400 big and medium foundry units and engineering units having captive foundries here will remain closed on December 22 to express solidarity with the striking tiny and small foundry units in the district. The strike against the abnormal ... More

COAL


Unrest over ban on manual workers for loading, unloading in CCL mines
LAW and order problem is reported to have surfaced in certain coal mining areas of Central Coalfields Ltd (CCL) with the implementation of a ban on using manual workers for loading and unloading work. The ban was imposed by the Union Ministry ... More

GEMS & JEWELLERY


Traditional jewellers hold their own against branded players
BRANDED jewellery speaks loudly these days, and traditional jewellers are concerned their voice may get lost in its din. While they don't perceive a `threat', they are not being complacent either, and are busy modernising various elements of ... More

LEATHER


`Widening of excise net to hit jobs in footwear sector'
A SEEMINGLY innocuous amendment in the Union Budget of 2003-04 (enlarging the scope and ambit of "manufacture" for the purpose of excise levy on goods covered under Section 4A of the Act) has now become a contentious issue for the price-sensitive ... More

SCIENCE & TECHNOLOGY


Hyderabad R&D centre to design space robot
A HYDERABAD-BASED satellite technologies R&D centre is working on an innovative project that seeks to develop a space robot, which the company team expects will be able to send in as a passenger possibly on the PSLV (polar satellite launch ... More

WTO


India urges dropping of 3 Singapore issues from WTO agenda
INDIA has suggested that further work on three Singapore issues — trade and investment; trade and competition policy and transparency in Government procurement — be dropped from the agenda of the World Trade Organisation. On trade ... More

RURAL DEVELOPMENT


Kerala board for entrusting rural water supply with panchayats
THE Kerala State Planning Board has recommended to the State Government that rural water supply be fully entrusted with the local governments. Though the constitutional amendment to this effect was put in place in 1992, the State Government ... More

Malaysia studying Malappuram IT project
THIRUVANANTHAPURAM: A high-level Malaysian delegation, led by Mr Dato'Haji Azmi bin Khalid, Minister of Rural Development, is visiting Kerala for a study of the Akshaya `bridging the digital divide' project being implemented by the State ... More

INTERVIEW


`Attitude change must to wipe out hazardous wastes'
THE little-known National Academy of Customs, Excise & Narcotics, Faridabad (NACEN), through active collaborative ventures with World Customs Organisation and Asian Development Bank, is now poised to emerge as a major customs training ... More

EVENTS


International house wear expo
HYDERABAD: The Small Industries Service Institute (SISI), Hyderabad, has invited participation from small units manufacturing export worthy house wear products in the International Home and House Wear Show to be held at Chicago during ... More

Seminar on quality education
HYDERABAD: The Guru Nanak Engineering College at Ibrahimpatnam is hosting a national conference on `Digital convergence for quality education', under the aegis of the Computer Society of India (CSI) during December 19-20. Technical ... More

Two-day meet on financial knowledge
ORGANISATIONS are increasingly realising the need to equip non-finance managers with financial knowledge. To help meet this need, a two-day programme will be held at The Taj Coromandel, Chennai on December 19 and 20 and has been titled as ... More

  • Management fest
  • Hyderabad engagements

    EXPORTS & IMPORTS


    Mild response to US Bio-terrorism Act
    STRINGENT rules to regulate food imports into the US have come into force; but the response of a large number of firms — both domestic and foreign — to register with the US Food and Drug Administration (FDA) has been lukewarm. It ... More

    TOURISM


    Get set for an Arctic experience in Dubailand
    A HUGE ski dome will be added to the skyline of Dubailand, Dubai's mega tourism development project. The ski dome will open to the public in 2006. It will be called Dubai Sunny Mountain Skidome. The firm 32Group has stepped forward to ... More

    Tourism award for Kerala
    KERALA has won the first-ever Galileo-Express Travel and Tourism Award for the Best State Tourism Board. This prestigious award has been instituted jointly by `The Express Travel and Tourism', the travel business magazine from the Indian ... More


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    In Focus
    Steel Industry in 2003
    Outsourcing backlash
    Stamp paper scam
    Housing finance scenario
    Insurance Round-up — 2003
    Organic farming
    The Cable tangle
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    Rising intolerance
    (The Hindu)
    Vaishnavaite Temples in Tamil Nadu
    (The Hindu)
    Saivite Temples in Tamil Nadu
    (The Hindu)

    In Depth
    Insurance Corner
    Swati CA
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Iraq Diary

    Looking back
    Dec. 7-Dec. 13
    Koodankulam to have 4 more reactors

    Sugar exports losing momentum

    CAS: Several issues unresolved as date with Delhi nears

    `EPF claims to be settled in days'

    Oil Ministry moots cut in duties — Move may hit refining margins

    Bengal leads in small savings, lags in industrialisation

    `US plan to cut tariff may push steel prices up'

    Pharma sector can double market size in 7 yrs, says Ranbaxy CEO

    Industrial growth slips to 5.4 per cent in Oct


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