The Hindu Business Line : Monday, August 30, 2004

CLIMATE & WEATHER
Monsoon revival not until next week-end
THE annual typhoon-tornado season has kept its date with the Western Pacific as powerful cyclones fed in by the `warm pool' threatened to rain it down heavily in the Pacific-Rim, including Taiwan, Japan, the Philippines, Japan, Hong Kong and ... More

ECONOMY
Bengal fiscal situation getting worse: CAG
WEST Bengal's fiscal situation is deteriorating very fast, according to the Comptroller and Auditor General of India (CAG) in its review of the finances of the State between 1998-99 and 2002-03. In its recently published report, the CAG has ... More

ENVIRONMENT
Storm over ship-breaking proposal at Kakinada
The Andhra Pradesh Government feels that ship-breaking units at Kakinada will create greater employment opportunities for the fishermen, while environmentalists have opposed the proposal in view of the environmental implications. More

Study proves greenhouse effect a reality
EVER wondered why people have trouble tuning into the famed Radio Ceylon, which according to old timers was a treat by itself? Of course, later entrants such as FM and other local stations may have taken away some of the charm, but the real ... More

FOREIGN TRADE
Trade with Myanmar: Better road links needed
THE NORTH-EASTERN India, which shares international borders with countries such as Bangladesh and Myanmar, needs two things on a priority basis for sub-regional trade to increase in a big way ... More

PETROLEUM
Ethanol-blended fuel in short supply
THE ethanol-blended fuel programme in the southern States has hit a roadblock with sugar industries finding it more lucrative to supply ethanol for industrial and potable alcohol, according to sources. Oil companies, which see this programme ... More

TERRORISM
DAE plea to naxals on shifting machinery
The Directorate's appeal came in the wake of PW asking the officials to return part of the equipment they shifted to K K Tanda recently. More

RADIO/TV
Jaipal hints at Media Commission, Council
THE Union Government is considering appointing the third Media Commission (earlier two were Press Commissions) soon, according to Mr S. Jaipal Reddy, Union Minister for Information, Broadcasting and Culture. Announcing this here on Sunday, Mr ... More

EDUCATION
Universitas 21 Global launches online MBA programme
BY 2020, more than 100 million people will be seeking higher education courses and the only way to cater to this demand will be through eLearning programmes, according to Dr Jeremy Williams, Director of Instruction and Assessment, Associate ... More

REAL ESTATE & CONSTRUCTION
`Reconsider service tax on real estate sector'
THE Confederation of Real Estate Developers' Associations of India (CREDAI) has urged the Government to reconsider the levy of service tax on the real estate sector. The confederation has reiterated that the industry was not a service industry ... More

INDUSTRY ASSOCIATIONS
Assocham pins hopes on national trade policy
THE Associated Chambers of Commerce and Industry of India (Assocham) President, Mr Mahendra K. Sanghi, is hopeful that the first National Trade Policy of the UPA Government will create a conducive environment for India to attain at least 1 per ... More

FOREIGN DIRECT INVESTMENT
Delhi is hot choice for foreign telecom players
KARNATAKA and Andhra Pradesh may be attracting the largest investments in IT sector; but when it comes to telecom, Delhi seems to be the favourite destination for foreign investors. Close to 25 per cent of all the FDI proposals approved ... More

EVENTS

Engagements

In Hyderabad today

INCOME TAX
I-T (Hyd) assurance to banks
HYDERABAD: The Income-Tax Department has assured the banks the Department would extend all help to ensure smooth collection of taxes. The assurance came from Mr P.A. Chowdary, Chief Commissioner of I-T (Hyderabad), the Department, at ... More

EXPORTS & IMPORTS
Alarming rise in edible oil import value
IT is common knowledge that India left China behind and became the world's largest importer of vegetable oil with inflows of about 4.4 million tonnes in 1998-99, incidentally the year of record indigenous oilseeds output at 24.8 mt. For five ... More

Cotton mills seek ICA arbitration for imports
THE cotton mills in the country have asked the Government to incorporate a provision in the National Foreign Trade Policy (NFTP) stipulating arbitration by the Indian Council of Arbitration (ICA) as a mandatory condition for import of cotton. ... More

Tea exporters' plea to allow house-stuffing
AT a time when the members of the tea trade were literally rejoicing the reversal in fortunes, the circular from the Coimbatore Central Excise disallowing `house-stuffing' by member-exporters came as a bolt from the blue. Addressing the 22nd ... More

NATURAL CALAMITIES
Jayalalithaa seeks Rs 1,680-cr drought aid
THE Tamil Nadu Government has sought from the Centre Rs 1,680 crore assistance to tide over the continued drought caused by the deficiency of the South West monsoon. The Chief Minister, Ms Jayalalithaa, in a letter to the Prime Minister, Dr ... More

TOURISM
The potential of inland waterways
ANYONE who has travelled even a minor distance in Kerala will quickly realise the importance of inland waterways for the State's economy and culture. Not only are they the lifeline for the people who live along the backwaters, they are also ... More

Rajasthan developing new tourist destinations
AFTER witnessing a 50 per cent growth in domestic and foreign tourist arrivals last year, Rajasthan is trying to expand the scope of tourism offerings by exploring new destinations and festivals. The idea is to tap the April-September period, ... More