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Tuesday, January 11, 2005

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INDUSTRY & ECONOMY

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    BUDGET


    Pre-budget talks: Chidambaram to meet industry captains today
    TAKING the consultative dialogue of the pre-Budget exercise forward, the Union Finance Minister, Mr P. Chidambaram, is all set to meet the captains of trade and industry, on Tuesday. This pre-Budget consultation with industry comes at a time ... More

    FIEO for reducing transaction costs in exports
    THE Federation of Indian Export Organisations (FIEO) has called for reducing transaction costs and the incidence of taxation to make Indian exports globally competitive. In its pre-budget presentation to the Commerce Ministry, the industry ... More

    ECONOMY


    `Coalition politics does not hinder development'
    COALITION politics, which has now come to stay in the Indian political scene, per se does not hinder economic development. It rather renders stability of some sort, though in the final analysis, it actually boils down to implementation of ... More

    Economic advisory panel holds first meeting
    THE Prime Minister, Dr Manmohan Singh's, Economic Advisory Council (EAC) met on Monday for the first time here to discuss proposals with regard to taxation and other current economic issues. "The council discussed wide ranging issues ... More

    ENVIRONMENT


    More time likely for Kerala industries to meet environment norms
    INDUSTRIAL units in Kerala that were ordered to close down by March this year for failing to meet various environmental norms may receive more time to comply with environmental guidelines, said Dr D. B. Boralkar, a member of the Supreme Court ... More

    EXCISE AND CUSTOMS


    Excise payments: NSDL to take up pilot project on data collection
    NATIONAL Securities Depository Ltd (NSDL) may play an important role in the coming months in helping the revenue department collect real-time data on excise duty payments made through various bank branches of the country. "A pilot project is to ... More

    FOREIGN TRADE


    India, Italy to step up co-operation
    INDIA and Italy have resolved to step up bilateral trade flows as a common goal for mutual benefit and reinforcement of political links. This is indicated in the agreed minutes of the just-ended sixteenth session of the India-Italy Joint ... More

    India must buy US products to make up for outsourcing job loss: Blackwill
    INDIA needs to buy more US products and services to compensate for the US jobs lost due to outsourcing, according to the former US ambassador to India, Mr Robert Blackwill. Mr Blackwill, in his new role as the President of lobbying firm Barbour ... More

    Rise in Indo-Pak trade key to resolving issues: Kamal Nath
    THE key to solving Indo-Pak issues lies in increasing bilateral trade, the Commerce and Industry Minister, Mr Kamal Nath, said while addressing a joint meeting of PHDCCI and Lahore, Karachi and Rawalpindi Chambers of Commerce and Industry. He ... More

    INFRASTRUCTURE


    Land use conversion to develop industrial estate in Coimbatore approved
    THE nearly three-year wait for the approval of the State Government for land use conversion to establish a private industrial estate close to Coimbatore has ended with the Government according permission to the plan . The promoters of the ... More

    PHARMACEUTICALS


    Patents Ordinance 2004 — Relief for generic drug-makers
    The recently amended patent legislation may be beneficial to generic drug manufacturers, who may be able to breathe easy for a few more years. More

    POWER


    KSEB to seek regional status for Kayamkulam plant
    IN order to reduce the huge financial commitment on account of the "dedicated" nature of the NTPC Kayamkulam thermal station, the Kerala State Electricity Board (KSEB) is seeking to get it converted into a regional station. The entire power ... More

    TAXATION


    Call for voluntary compliance of service tax
    MR Onkar Nath, Chief Commissioner of Customs and Central Excise (Hyderabad), has called for voluntary compliance of service tax by all service providers. Addressing an interactive session on service tax with members of the Federation of Andhra ... More

    TEXTILES


    Synthetic, rayon textile exports may fall short of target
    SYNTHETIC and rayon textile exports will perhaps not achieve this fiscal's target of $2,200 million. One of the most promising segments of the textile industry, the synthetic textiles segment was affected by a number of factors such as the 45 ... More

    Nethaji Apparel Park inaugurated — Textile sector needs Rs 27,000-cr investments says Chidambaram
    THE Union Finance Minister, Mr P. Chidambaram, has visualised a capital investment requirement of Rs 27,000 crore for textile sector to enable it to take on the evolving market opportunities thrown open by the seamless global textile trade. ... More

    An apparel park with a marked difference
    THE new industrial complex at Ettiveerampalayam village on NH 47, houses the country's first privately-promoted apparel park. The special purpose company, Nethaji Apparel Park (NAP) has implemented the Rs 300-crore project for the knitwear ... More

    SSI


    High-level task force to monitor Kerala SSI sector
    THE State Government has constituted a high-level task force, with the Chief Minister as its Chairman and the Industries Minister as Vice-Chairman, for the overall development of small-scale industries in the State. A decision in this regard ... More

    EDUCATION


    Slew of proposals at education seminar
    ESTABLISHMENT of an operational secretariat for E-9 countries, preparation of online resource materials for capacity building and keeping in place a mechanism for documentation and dissemination of best practices were among the several proposals ... More

    `Private sector cannot replace role of States in higher education'
    The withdrawal of the State from higher education will neither be in the interest of the country nor of the private sector. More

  • Nova Institute offers 3D animation course

    GEMS & JEWELLERY


    Losing sheen
    Diamond cutting in progress at a unit in Thrissur. The workers were on strike for several days demanding higher wages. Diamond cutting and polishing industry, spread over five panchayats in Thrissur district, is losing out to its counterparts in ... More

    REAL ESTATE & CONSTRUCTION


    AP CM lays foundation stone for academy of land information
    THE Chief Minister, Dr Y. S. Rajasekhara Reddy, on Monday laid the foundation stone for new buildings of the Andhra Pradesh Academy of Land Information Management (AALIM) at Gachibowli on the outskirts of the State capital. The academy, being ... More

    INDUSTRY ASSOCIATIONS


    CII summit in Kolkata from tomorrow
    THE Prime Minister, Dr Manmohan Singh, will inaugurate the 11th Partnership Summit, the flagship event of the Confederation of Indian Industry (CII) to be held in Kolkata from January 12 to 14. The summit, to be held Kolkata after eight years, ... More

    MINING & QUARRYING


    IT programme for mining executives
    THE Mining, Geological & Metallurgical Institute of India (MGMI) has emphasised the need for familiarisation with the use of information technology in the mining industry, so as to improve productivity and safety in mining operations. In a bid .. More

    IPR


    Patents definition: Waiting for clearer picture
    WITH the product patent regime in place, all eyes are on how the Government grants patents to the over 4,500 applications pending in the mail box. While the domestic pharmaceutical industry has been maintaining that the Ordinance does not ... More

    Music cos want to be treated on par with other IPR industries
    THE heralding of the uniform value-added tax (VAT) regime may not be sweet to the ears of the beleaguered music industry. With just a couple of months left for the implementation of the VAT, the music industry is stepping up pressure by asking ... More

    EVENTS


    International convention centre planned
    THE Kerala Government is establishing a modern international convention centre complex here with public-private partnership on a build-own-operate-transfer basis. The complex is proposed to be located on a 46-acre land adjacent to the Aakulam ... More

  • Mobile philately exhibition in Thiruvananthapuram

    SOCIETY & DEVELOPMENT


    Chidambaram urges students to chip in for society, research
    WHILE hailing the Indian intellectual prowess and knowledge, the Union Finance Minister, Mr P. Chidambaram, advised the student community to visualise the future on a broad perspective. "Do not miss opportunities. Give up the self-centric or ... More

    INCOME TAX


    PSBs nonchalant over sunset clause on NPAs
    PUBLIC sector banks are unlikely to be impacted by the sunset clause in the Income-Tax Act on provisions for non-performing assets. Under Section 36 (I, vii-a ) of the IT Act, bankers were allowed an income tax deduction of up to 10 per cent on ... More

    NATURAL CALAMITIES


    Swaminathan foundation proposes new approach to rehabilitate tsunami victims
    A NEW twist to food-for-work programme as a part of rehabilitation of tsunami victims and strengthening coastal ecology as a defence against sea water intrusion were some of the short term and long term measures suggested for handling such ... More

    Commerce Ministry presents Rs 1.05 cr to PM for tsunami relief
    THE Union Commerce and Industry Minister, Mr Kamal Nath, on Monday presented a cheque for Rs 1.05 crore to the Prime Minister, Dr Manmohan Singh, towards the Prime Minister's National Relief Fund (PMNRF). This contribution has come from the ... More

  • Contributions to The Hindu Relief Fund

    STANDARDS & BENCHMARKS


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    Top Stories
    Patents Ordinance 2004 — Relief for generic drug-makers


    Revival of coffee bourse unlikely

    PSBs nonchalant over sunset clause on NPAs

    Synthetic, rayon textile exports may fall short of target

    ADR offerings: Concern over `export of capital market'

    £ 16-b gain from offshoring, says UK trade body chief

    Swaminathan foundation proposes new approach to rehabilitate tsunami victims

    In Focus

    BHEL Disinvestment
    The Yuan Revaluation
    Dabhol power regenerated
    Tracking the rains
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Jan. 2-Jan. 8
    Domestic leather industry: Pace picks up

    `US economic expansion to continue this year'

    Customs duty on defectives of steel and iron slashed

    Dumping duty on mica pearl pigment mooted

    Tsunami: Chennai Port escapes major damage

    `Product patent regime to drive R&D outsourcing to India'

    Rs 8,000-cr plan for rural phones

    Govt plans pharmacy chains for making cheap drugs accessible

    Govt turns cash-rich!

    Indian roses set to bloom in Russia, Poland

    US scientist questions utility of costly early warning systems

    Indo-Nepal trade via Birgunj ICD from Feb 1

    Metal scrap prices rise on import curbs

    Housing demand

    Banks have enough to spare for infrastructure projects

    Inflation falls on cheaper fuel, fruits, vegetables

    Herbalife begins clinical trials on nutritional supplements

    IOC, ONGC differ over cross-holdings

    Govt to levy excise on retail prices of drugs


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