INDUSTRY & ECONOMY
ACCIDENTS
IBS Software to market accident management tool
ABSENCE of inter-governmental agreements on sharing information on accidents may just have ambushed a Thiruvananthapuram-based software company's plans for marketing its accident management product internationally. Called GeoKAMS ...
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BUDGET
CGA deficit figures lower than `revised estimates'
THERE is something to cheer on the fiscal front, with the Centre's fiscal and revenue deficit for 2003-04 turning out to be much lower than the `revised estimates' released at the time of presenting the Interim Budget on February 3. As per the ...
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'Bring farm I-T under Union List'
THE Institute of Chartered Accountants of India (ICAI) has suggested that the power to tax income from agriculture could be put in the Union List and the Central Government may be empowered to levy and collect the tax on agricultural income. ...
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CONSUMER ELECTRONICS
`Price fall spurs sale of consumer goods'
THE consumer durables industry growth rate in production has been more in terms of volume rather than value for a number of products, according to a Federation of Indian Chambers of Commerce and Industry (FICCI) survey. "This has happened due ...
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ECONOMY
Urbanisation: UN report portrays the failure of govts
THE only assertion that can be made with any degree of confidence about elections in India is that it is the poor voter - and not the upper or middle class one - who makes and breaks governments. And yet, successive governments in India ...
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Traditional sector to top Kerala Govt's priority list
THE State Government has decided to bring back agriculture and the traditional sector to the top of its agenda, the Chief Minister, Mr A.K. Antony, said. Addressing newspersons after a Cabinet meeting here on Wednesday, Mr Antony said the ...
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Plan panel worried over lack of core team
WITH the United Progressive Alliance (UPA) Government set to unveil the 2004-05 Union Budget soon, the Planning Commission, headed by the Prime Minister, Dr Manmohan Singh, as its Chairman, appears to be dithering over appointing a helmsman and a ...
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ENVIRONMENT
UNEP study on pollution of seas, oceans
EYEING the shark fin soup entry in the menu of the five-star hotel serving coastal delicacies? Then stomach this first - as many as 100 million sharks are killed annually for their meat and fins used for the soup and hunters typically catch ...
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Clean Kerala mission
THIRUVANANTHAPURAM: The Local Administration Minister, Mr Cherkalam Abdullah, has inaugurated the new office and Web site of the Clean Kerala Mission. The mission was set up by the State Government to coordinate operations for the ...
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EXCISE AND CUSTOMS
Excise hike on ATF, duty cut on LPG, kerosene mooted
THE Petroleum Ministry has informally sounded the Finance Ministry for raising the excise duty on Aviation Turbine Fuel (ATF) from 8 per cent to 16 per cent. In return, it has sought a reduction in excise duty on LPG and kerosene from the ...
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Online filing of excise returns from June 30
COME June 30, manufacturers of excisable goods, export-oriented units and registered dealers can electronically file their monthly/quarterly excise returns. The facility of e-filing of excise returns would be available, for the present, only ...
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PETROCHEMICALS
Reliance raises petrochem prices
RELIANCE Industries Ltd has raised prices of its polymer, polyester and fibre intermediate products for June in line with rising international petrochemical prices. The price of polymers polyethylene and polypropylene was up three per cent ...
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PETROLEUM
UAE to raise oil output
THE UAE will increase oil output by 4,00,000 barrels a day this month to meet the increasing demand and to cool down tensions in the international market for global economic stability, the UAE Minister of Petroleum and Mineral Resources, Mr Obeid ...
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PLASTICS
ICRA calls for dereservation of plastic industry
On the growth rate too, ICRA expressed concern, saying that the growth rate may be slower at between 8 and 10 per cent per annum over the medium term.
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STEEL
VSP staff get assurance on wage arrears
THE Union Steel Minister, Mr Ram Vilas Paswan, has agreed to clear the wage arrears (3 years) to the Visakhapatnam Steel Plant staff at the earliest and has also promised to visit the plant shortly, according to Mr M. Rajasekhar, General ...
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TAXATION
TN: Plea for service tax relief
MADURAI: An appeal to remove the maintenance and repair services from the purview of service tax has been made by the Tamil Nadu Weights and Measures Manufacturers, Dealers and Repairers Association, here. In a letter addressed to the ...
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SSI
`Match-making' meet for Kerala SMEs planned
TAKING a step or two further from the business-to-business (B2B) meet held last year, the Kerala Industries Department, it is learnt, is firming up plans to hold a "match-making" convention for the small and medium enterprises in the State. The ...
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WATER
Rainwater pits to be sunk in Thiruvananthapuram
THIRUVANANTHAPURAM: The Thiruvananthapuram City Corporation is preparing to take up a project to construct 20,000 rainwater pits within city limits. The project is being implemented as part of the World Environment Day celebrations on ...
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COAL
`Politics behind move to shift CIL headquarters'
THE issue relating to shifting of Coal India Ltd's (CIL) head office from the city to Ranchi has not been taken "seriously" by head office executives and employees because they feel that the move initiated by the new Coal and Mines Minister, Mr ...
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REAL ESTATE & CONSTRUCTION
Rise in Chennai land cost may tell on construction
THE increase in land cost in the city, especially on the Old Mahabalipuram Road (OMR), might lead to a slow-down in the construction industry, which has just recovered from the setback in the mid-1990s, fear market sources. One reason for the ...
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Mirror on the wall
Glass houses such as this one in suburban Thrissur are fast becoming a common sight in Kerala. Even old traditional houses are being remodelled and renovated with reflective glass fixed in fabricated aluminium frames. Availability of such `fancy' ...
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LEATHER
Leather exporters in eastern region diversifying into other segments
LEATHER exporters from the eastern region are now branching out to other product segments, diversifying from leather goods and gloves, their main areas of strength. Most of the sectors dealing with leather, have registered a growth rate of 100 ...
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BIO-TECH & GENETICS
FDI for biotech sector among Sibal's priorities
ON the new agenda of Department of Science and Technology (DST) is attracting foreign direct investment (FDI) to the biotech sector, spelling out a biotech policy and lessening the regulatory shackles on the sector. "I want to attract ...
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SOCIAL WELFARE
Integrated plan to tackle child labour in AP
THE State Government is planning to rope in 34 different departments and non-Governmental organisations in an attempt to eliminate child labour in the State. An exclusive cell, Child 3RC Cell (Child Rights, Release, Rehabilitation and ...
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RURAL DEVELOPMENT
Six banks to back Kudumbashree housing scheme in Kerala
SIX leading banks have extended support to the Kerala State Poverty Eradication Mission's (Kudumbashree) `Bhavanashree' micro housing initiative. Bank of India, Canara Bank, Central Bank of India, Indian Bank, State Bank of India and State ...
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EVENTS
In Hyderabad to day
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