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Sunday, January 25, 2004

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INDUSTRY & ECONOMY

CONSUMER ELECTRONICS
`Duty cuts may not lead to cheaper consumer durable prices for now'
YOU may have to wait a little longer before your colour television (CTV), refrigerator or air-conditioner becomes lighter on the pocket. While industry analysts are optimistic that the latest Customs duty reduction on inputs for these products ... More

ECONOMY
Bank credit up Rs 11,417 cr
GROSS bank credit in the system has increased by Rs 11,417 crore during the fortnight ended January 9, 2004 to touch Rs 7,91,989 crore. This is inclusive of food credit which increased by Rs 184 crore to Rs 36,536 crore and non-food credit by ... More

EXCISE AND CUSTOMS
Import duty cut on inputs for auto parts, others
IN a fresh dose of off-Budget, pre-election Customs duty cuts aimed at bolstering competitiveness of the domestic manufacturers of auto components, plastics and resins, electrical appliances and white goods, the Finance Ministry has lowered ... More

PHARMACEUTICALS
Exclusive marketing rights — Novartis gets stay against 6 firms
THE saga of litigation on the issue of exclusive marketing rights (EMR) for a drug took a fresh turn with Novartis getting a stay from the Madras High Court restraining six drug companies from manufacturing and distributing imatinib mesylate ... More

AUTOMOBILE COMPONENTS
Auto component sector bags orders worth Rs 23.4 cr
THE auto component industry has bagged orders worth Rs 23.4 crore and generated business enquiries worth Rs 58 crore during the Auto Enterprise 2004 exposition. According to a statement from the Confederation of Indian Industry (CII), one of ... More




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