The Hindu Business Line : Sunday, January 09, 2005

NRIs urged to invest in `other India'
THE 20 million-odd Indians living outside India have been called upon by the Government to become Non-resident Investors in the country, as opposed to being just Non-resident Indians (NRI). Articulating the Government's investment-lead strategy ... More

Overseas Indians see gains from dual citizenship offer
"I HAVE been waiting for dual citizenship for several years,'' says Dr Ravinder R. Surakanti, a doctor who has been living in the US for 28 years. He was expressing a desire that most overseas Indians have been harbouring for a long ... More

BUDGET

ICAI moots tax on educational institutions run on commercial lines
EDUCATIONAL institutions run on commercial lines should be corporatised and taxed as business activity, the Institute of Chartered Accountants of India (ICAI) has said. This is one of the measures suggested by the ICAI in its pre-budget ... More

FOREIGN TRADE

Govt seeks Italy's support to overcome EU trade barriers
THE Government has sought Italy's support and cooperation for overcoming the non-tariff barriers faced by exporters while accessing the European Union markets. "While tariffs are going down (in EU), we are faced with deluge of non-tariff ... More

HOTELS

Fast food chain Nirula's on expansion spree
NIRULA'S, the North Indian fast food chain, may soon set foot south of the Vindhyas. After expanding its reach outside the national Capital region, this desi fast food chain is now eyeing markets including Bangalore, Chennai and Hyderabad ... More

INFRASTRUCTURE

Plan to entrust infrastructure projects with textile bodies
One of the reasons for the Centre thinking of bypassing the State Governments/local administrations in project implementation was that such projects had not shown the level of progress they should have achieved. More

TEXTILES

Textile exporters must reap on brand image in global market: Vaghela
THE Union Textile Minister, Mr Shankar Sinh Vaghela, has advocated that textile exporters must take advantage of the goodwill for `Made-in-India' branding that prevails in the global textile arena by living up to its trade credibility and not ... More

AUTOMOBILE COMPONENTS

Battery industry opposes move to allow duty-free imports
Leading manufacturers have taken up the issue separately with the Centre. The industry has also sought appointments with the Union Finance Minister and the Revenue Secretary to explain its stand. More

TWO/THREE WHEELERS

New Bajaj Pulsars: `Re-loaded' at all right places
IT WAS during one lazy afternoon in January 2001 that we first got a chance to take the Pulsar out for a spin. For the journos who had assembled at Chakan, near Pune, the Pulsar was eye candy. After seeing much ... More

READYMADE GARMENTS

Cargo capacity going full as garment exporters rush to meet deadline
CARGO capacity in freighters and passenger airlines is going full, as there has been a surge in cargo volumes since January 1. Exporters are rushing the garments, which were to have left India by December 31, by air to meet the customers' ... More

BIO-TECH & GENETICS

Law on mandatory transfer of biological material sought
THE Federation of Indian Chambers of Commerce and Industry (FICCI) has petitioned to the Prime Minister, Dr Manmohan Singh, on the need to enact legislation for mandatory transfer of biological material by the developed countries after the expiry ... More

EXPORTS & IMPORTS

Handicrafts exports up 30 pc

NATURAL CALAMITIES

`Govt open to global funds for tsunami victims rehabilitation'
WHEN India turned down international aid for its tsunami victims, the world sat up and took notice. But the Government on Friday sought to dispel the "impression" that it was taking an isolated stand and said it was open to international funds ... More

UNICEF supports Govt health campaign in Andamans
UNICEF is supporting the Government of India's measles and Vitamin A campaign on the Andaman and Nicobar Islands, along with providing other health and technical assistance. Measles vaccine and Vitamin A supplies have reached Port Blair for the ... More

States project tsunami reconstruction cost at Rs 7,000 crore
THE tsunami-affected States and Union Territories have projected the reconstruction cost at Rs 7,000 crore. The detailed damage assessment for the Andaman & Nicobar Islands is being made. While the Andhra Pradesh Government has projected the ... More

Contributions to The Hindu Relief Fund

TOURISM

Tourist arrivals in December up 23 pc
Tourist arrivals in India rose 23.5 per cent in December 2004 as compared to last year, despite the devastating tsunami that hit the country's southern coast. The number of foreign visitors during the past month increased to 3,94,166 from ... More

Troubled waters
Tourists enjoy an evening ride in Kochi. The tsunami has hit Kerala's tourism with an estimated 10 per cent cancellation in the major beach and backwater resorts during the last week of December and an alarming 20 per cent to 30 per cent ... More

Colombo's loss, Kochi's gain
Four hundred and eighty tourists, who came aboard Minerva-II, a cruise ship from Britain, disembarking at Kochi on Saturday. Their plans to call at Colombo were dropped following the tsunami onslaught. They went on a tour of heritage spots in and ... More