INDUSTRY & ECONOMY
COURTS/LEGAL ISSUES
`Conditional registration of trademark illegal'
THE Registrar of Trade Marks had erred in registering a trademark by imposing conditions as to the area of operation, the Intellectual Property Appellate Board, Chennai has held. In its recent order, the board averred that the Registrar having ...
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ECONOMY
Industrial growth tops 10 pc in Oct
THE country is, for the first time since the mid-1990s, witnessing an industrial resurgence of sorts. The official Index of Industrial Production (IIP) has registered a year-on-year increase of 10.1 per cent in October. Given that the ...
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Labour cost gap widens between India, China
THE gap in labour costs is widening between the Indian and Chinese manufacturing sectors. According to the latest Oxford Economic Forecasting data, the average Indian hourly labour costs have gone up by 25 per cent between 2001 and 2003, as ...
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8 pc growth sustainable: Chidambaram
THE Finance Minister, Mr P. Chidambaram, on Friday said attaining an economic growth rate of 7-8 per cent and sustaining it for 10 years is not an impossible task. "We have to climb the ladder and stay there," he said at a book release function ...
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EXCISE AND CUSTOMS
Customs duty cut in ensuing Budget will not hurt domestic industry: PHDCCI
THE United Progressive Alliance (UPA) Government should lower customs duties from the current peak level of 20 per cent to 15 per cent in the ensuing budget, the new President of the PHD Chamber of Commerce and Industry (PHDCCI), Mr K.N. Memani, ...
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FOREIGN TRADE
Indo-UK bilateral trade to register 20 pc growth
INDO-UK bilateral trade is expected to register a growth of 20 per cent in 2004-05 over 2003-04. From a level of around $ 10 billion in 2003-04, the Indo-UK bilateral trade is expected to touch $ 12 billion in 2004-05, according to Mr Stephen ...
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PETROLEUM
`Normalcy in Iraq crucial for stability in oil prices'
INTERNATIONAL oil prices are likely to remain volatile unless new steps are initiated to restore normality in Iraq, according to the Defence Minister, Mr Pranab Mukherjee. "Unless international security environment is improved and certain ...
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BPCL sees 6 pc growth in petro product sales
BHARAT Petroleum Corporation Ltd on Friday said petroleum product sales are expected to grow by about 6 per cent this fiscal to over 22 million tonnes from 20.86 million tonnes last fiscal. "Total product sales are likely to increase by 5.5-6 ...
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STEEL
Govt rules out regulatory body for steel sector
THE Government today ruled out the possibility of forming a regulatory body for keeping a check on steel prices, according to an official release. Since steel prices have been stable for the last few months, an independent regulatory body at ...
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TAXATION
Double taxation pact with Mauritius to be revisited
NEW DELHI: The Government will revisit the double taxation avoidance agreement (DTAA) with Mauritius, the Finance Minister, Mr P. Chidambaram, has said. "We will revisit the treaty with Mauritius on some aspects in order that ...
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TEXTILES
Acting out life's eternal struggle
MUMBAI'S dilapidated chawls were once testimony to textile mill workers' lives and struggles. The textile mill worker as a community is on its way out, but a play depicting their life returns to Mumbai after three years. Adhantar, ...
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Nepal seeks joint ventures with Indian textile firms
CITING a highly liberalised FDI policy with macro-economic stability to boost, Nepal has sought joint ventures in textiles with Indian companies for taking advantage of the duty-free EU access now available for Nepalese items, as an LDC (Least ...
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WATER
AP plans Rs 220-crore project to recycle wastewater for industrial use
THE Andhra Pradesh Government has found a creative way to turn the liability of wastewater into an opportunity. Putting wastewater into use for agricultural and industrial use, the Government decided to spend Rs 220-crore on a project that ...
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RADIO/TV
Broadcasters should not deny content to distributors: TRAI
BROADCASTERS will now not be allowed to deny content to distributors of television channels - be cable operators, direct-to-home (DTH) service providers or any other platform. The Telecom Regulatory Authority of India (TRAI) today issued a ...
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INDUSTRY ASSOCIATIONS
Employers want ID Act dismantled
THE Employers' Federation of Southern India (EFSI) has strongly favoured dismantling of the Industrial Disputes (ID) Act from the organised sector. The EFSI Tamil Nadu Chairman and Director of Ashok Leyland, Mr J.N. Amrolia, said the unionism ...
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READYMADE GARMENTS
Karnataka to expand apparel park
BUOYED by the response to the first phase of the apparel park at Doddaballapur, the Karnataka Industrial Areas Development Board (KIADB) plans to acquire additional 250 acres for the second phase expansion. In the first phase, KIADB had ...
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TRADE & LABOUR UNIONS
Thiruvananthapuram AIR, DD staff stage sit-in
Kerala: Transfers to be cancelled
TOURISM
Ellora Aurangabad fest begins today
THE three-day Ellora Aurangabad Festival, which kicks off at Sohneri Mahal in Aurangabad on Saturday, hopes to attract 30,000 visitors this year. According to an official release, the festival hopes to provide visitors an insight into the ...
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