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Sunday, December 21, 2003

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INDUSTRY & ECONOMY

EMPLOYMENT


Look at alternative means of job creation: UN official
MOST developing economies are focussing on growth without addressing the vital issue of employment generation. This is disturbing given the huge requirement for job creation in the Asia-Pacific region and calls for a focus on creation of ... More

NON-CONVENTIONAL ENERGY


Turning municipal waste into fuel — Selco power plant model in AP shows the way
ANDHRA PRADESH has more than one reason to cheer about when the Minister of State for Science and Technology, Mr Bachi Singh Rawat, dedicated to the nation a 6.6-MW power plant using municipal solid waste (MSW) as fuel near Shadnagar on ... More

ECONOMY


Further momentum to reforms, says Jaswant
THE Finance Minister, Mr Jaswant Singh, has said that besides giving a further push to economic reforms, the $100-billion plus foreign exchange reserves would allow Indian companies and financial intermediaries to access foreign currency ... More

EXCISE AND CUSTOMS


Ministry seeks customs duty cut on power distribution equipment
AS part of its pre-Budget proposal, the Power Ministry has written to the Finance Ministry seeking a reduction in Customs duty on power distribution equipment. Currently, the total duty on meters and meter reading instruments, switchgears, ... More

FOREIGN TRADE


Take concrete steps towards SAFTA, says FICCI
IN the backdrop of the ceasefire and the other positive steps taken by both India and Pakistan, the Indian corporate sector is optimistic that this would lead to strengthening of the South Asian Association of Regional Cooperation (SAARC) ... More

HEALTH


Private participation in ESI hospital lab facilities: Sahib Singh
THE Employee State Insurance-run hospital network is set to invite private sector participation that will help locate costly lab equipment and laboratories across its chain of hospitals in the country, the Union Labour Minister, Mr Sahib Singh ... More

PETROLEUM


Oil majors cross-holdings: Sell & gain
IT generated a controversy when it was put through but the cross-holdings story is heading for a happy ending. Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation and Gail (India) Ltd are sitting on potential gains ranging from 235-360 ... More

PHARMACEUTICALS


`Pharma cos have to prepare for changing US procedures'
INDIAN drug companies' manufacturing process would now be subjected to a more focused inspection by US regulators if they plan to export there, said Dr Ludwig Huber, a compliance expert at Agilent Technologies. The US Food and Drug ... More

Assocham seeks duty exemption on life-saving drugs
THE Associated Chambers of Commerce and Industry (Assocham) has suggested Customs duty exemption on life-saving drugs which currently ranges from 5 per cent to 15 per cent and reduction of the duty to 10 per cent on drug intermediaries and bulk ... More

GEMS & JEWELLERY


Platinum: The new style statement
IT LOOKS like steel yet is three times as expensive as gold. It may not have the sentimentality of gold or the aura of diamonds but it shines in the fashion sweepstakes. Its rarity confers on it an air of ... More

ECONOMICS


Need to integrate law, economics: Amartya
THERE is a need to integrate law and economics, two apparently dissimilar subjects, with a view to make their applications more effective. Their integration would also help meet various political, social and cultural objectives. This was stated ... More

IPR


Fresh steps on to help small units leverage benefits of IPRs
THE Department of Scientific and Industrial Research (DSIR), under the Ministry of Science & Technology, has taken up a second set of initiatives to help Indian industry leverage the benefits of intellectual property rights (IPR), particularly ... More

EVENTS


`Textile sector must be de-fragmented'
De-fragmentation of the textile sector is to leverage technology and the high-valued product manufacture through branding. More

EXPORTS & IMPORTS


Accelerated clearance scheme extended to Bangalore cargo complex
THE Finance Ministry has decided to extend its accelerated clearance of import and export scheme to the Bangalore Air Cargo Complex. The scheme has already been introduced, since April 2003, on a pilot basis at Air Customs (both export and ... More

EU makes conformity marking a must for entry of certain products
CONFORMITE Europeene Marking, the mandatory product certification introduced by the European Union for products entering EU countries, is now extended to 23 categories of items. The CE Marking regulations are enforced through the instruments ... More


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Mid-Term Monetary and Credit Policy for the year 2003-2004

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Top Stories
Turning municipal waste into fuel — Selco power plant model in AP shows the way


SEBI keeping an eye on bull-run

US media falls into `patriotism' trap

In Focus
Stocks: Dizzying Heights
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. 14-Dec. 20
FDI inflow in telecom plummets 97%

`India largest recipient of remittances in Third World'

`Over-prescription may lead to antibiotics crisis'

New debt swap package for States in offing: Jaswant

Coastal movement of POL products — Oil cos' proposal to water down cost

CII-Ascon survey shows growth at faster clip

FCI decision on grain export allocation in Jan

Supportive policy regime key to food processing: McKinsey

Move to create level-playing field for life-saving drugs

Act changes come into force from January — Infant food cos in a spot

Nepal to emerge as sourcing base for beer?

Oil cos: Cabinet nod for sale of cross-holding

SCI: A case of missed business opportunity


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