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Sunday, December 26, 2004

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INDUSTRY & ECONOMY

ANTI-DUMPING
Sunset review investigation initiated on anti-dumping duty on sodium nitrite
THE Designated Authority in the Commerce Ministry has initiated sunset review investigation on anti-dumping duty imposed on sodium nitrite imported from China. Deepak Nitrite Ltd (DNL), Pune, had filed an application before the designated ... More

Anti-dumping duty on lead acid battery imports to be discontinued
THE Designated Authority in the Commerce Ministry has recommended discontinuation of the anti-dumping duty it had imposed on imported lead acid batteries from Chinese Taipei, Hong Kong and Singapore. After a mid-term review of the anti-dumping ... More

TEA
Poor response: E-auction is still not traders' cup of `tea'
IF the response to the electronic auctions introduced by the Tea Board in the different auction centres in the country is any indication, the board has a definite reason to be concerned. The buyers are showing a visible apathy to bid through ... More

AUTOMOBILE COMPONENTS
Auto components, consumer electronic sectors worried — Thai FTA: Favourable tax regime sought
THE domestic auto component and consumer electronics industry are on tenterhooks. Afraid of being swept off their feet by cheap imports from Thailand resulting from the Free Trade Agreement (FTA) that became operational from September, the two ... More

INDUSTRY ASSOCIATIONS
Merchants chamber to set up panels on retail biz, employment
THE Merchants Chamber of Commerce has decided to set up two core committees comprising its own members on retail business development and promotion of employment intensive activities. This was announced by Mr Aditya V. Agarwal, Director of ... More

SCIENCE & TECHNOLOGY
Fuel cell trials show encouraging results
SMALL, compact fuel cells that can power mobile applications among others are at a promising stage of development under a national technology initiative. Experimental modules of these tiny power packs have been put to trials with encouraging ... More

WTO
US telecom body charges VSNL with flouting WTO norms
THE Telecommunications Industry Association (TIA), a trade association representing 700 American IT and communication companies, has charged VSNL with undertaking anti-competitive practices and has urged the US Government to monitor the situation ... More

EXPORTS & IMPORTS
Gold loan repayment norms for EoUs, SEZ units relaxed
EXPORT-oriented units (EOUs) and units in special economic zones (SEZs) that export gold jewellery may have cause for cheer. The Government has further enhanced the flexibility available with such units for repayment of their gold loans. Prior ... More

STANDARDS & BENCHMARKS
APEDA stamp for meat exports mandatory
MEAT and meat products exporters will now be required to necessarily conform to a new regulatory norm that seeks to ensure the adoption of high quality standards and thereby protect the export markets for such items. The Directorate General of ... More




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