Financial Daily from THE HINDU group of publications
Thursday, January 20, 2005
Financial Daily from THE HINDU group of publications Thursday, January 20, 2005 |
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INDUSTRY & ECONOMY NON-CONVENTIONAL ENERGY `Good potential for using vegetable oils as biofuels' "Palm diesel may be the answer to the fluctuating price and defend the floor price." More EXCISE AND CUSTOMS Bangalore chamber against excise duty on food processing sector IS it a tax on innovation? And could the levy be justified while offering the same product with a slight variation. The Bangalore Chamber of Commerce and Industry (BCIC) seems to be in dissonance with the Government's levy of 16 per cent ad ... More FOREIGN TRADE Advisory service launched for relocating to Scotland THE Scottish Executive has announced the launch of a relocation advisory service. The service is designed to assist individuals in overcoming barriers to relocation by providing a one-stop-shop for information on moving to Scotland, it said in ... More HEALTH Experts urge relook at Organ Transplant Act THE Human Organ Transplant Act, which is 10-year-old needs a review and suitable amendments made to promote cadaver organ donation and ensure that the needy get the benefit. Reflecting this view, several experts drawn from the medical, legal, ... More
Ministry writes to Philip Morris, Delhi Govt on tobacco ads HOTELS InterContinental Goa in pact with Champneys for spa therapies InterContinental The Grand Resort, Goa has started offering the Champneys spa experience at the property. The UK-based Champneys Health Resorts is one of the largest destination spa brands in the world. With this tie-up, InterContinental Goa ... More INFRASTRUCTURE 
Green to greyAge-old trees being cut down to make way for a flyover at a busy intersection in Bangalore. The Bangalore Development Authority has chopped scores of trees to facilitate the ... More PETROLEUM CNG: Panel on VAT hopeful of sorting out contentious issues THE Empowered Committee of State Finance Ministers on value-added tax (VAT) is hopeful of sorting out issues relating to levy of an appropriate VAT rate for compressed natural gas (CNG). The VAT rate on CNG has been a bone of contention ... More
Scicom partners with Norwegian co for data centre
`Diplomatic moves on to get more oil, gas' PHARMACEUTICALS Same drugs with multiple price prints? CONSUMERS may find several strips of the same tablet but with different prices printed on them, despite being from the same company, said a pharma analyst on the current pricing confusion in the industry. The analyst's remark is not directed at ... More POWER India may soon have a power exchange NATIONAL Thermal Power Corporation, Power Grid Corporation of India Ltd (PGCIL) and Power Trading Corporation (PTC) have decided to work together for establishing a power exchange. "NTPC, PGCIL and PTC have a consensus to work together for ... More TAXATION Oil traders seek VAT exemption for daily-use items TRADERS are hoping that the Union Government will exempt items of day-to-day use such as edible oils from the purview of value added tax. In a communication to the Union Finance Minister, Mr P. Chidambaram, the Madurai Oil and Oilseeds ... More
Kerala announces tax relief for fertiliser units
IPSTA demands cut in purchase tax on pepper TYRES Why tyre firms are not keen on futures TYRE companies, the largest consumers of natural rubber in the country, have not yet been active in the futures trading. Their absence is often blamed as one of the main reasons why the futures trading has not really taken off for rubber, ... More EXIM POLICY `Fast track clearance scheme for EOUs in 3 weeks' THE Union Minister for Commerce and Industry, Mr Kamal Nath, on Wednesday assured export-oriented units (EOUs) that the Fast Track Clearance scheme, which seeks to expedite Customs clearances to qualified EOU units, would be in operation within ... More LEATHER New project to use domestic sewage to treat tannery effluent LEATHER tanners and the municipal administrations of Ambur and Wallajah of North Arcot district, Tamil Nadu, will jointly implement a Rs 50-crore project for domestic sewage disposal and tannery effluent treatment. Under the project, the ... More READYMADE GARMENTS `Major deterrent to value-added exports' THE Apparel Export Promotion Council (AEPC) has expressed dismay over the drastic reduction in the duty drawback rates, terming it as a major deterrent to value-added exports from the country. In a communication to the Union Finance Minister Mr ... More MINERALS 2 iron ore exporters barred NEW DELHI: The Government has disallowed two firms from exporting iron ore on the ground that they were exporting high iron containing ore, namely Fe64. According to the existing rules Fe64 is canalised through the MMTC while other ... More DISINVESTMENT Shipping Ministry mulls privatisation of CIWTC THE Shipping Ministry is mulling privatisation of public sector river transport company Central Inland Water Transport Corporation (CIWTC) and has accordingly initiated a move, according to informed sources. The Ministry, it is learnt, might ... More EVENTS EXPORTS & IMPORTS All-industry duty drawback rates revised — Specific rates to replace ad-valorem for many products THE Finance Ministry has revised the all-industry duty drawback rates to give effect to the Customs and Excise duty changes announced on July 8 last year in the Union Budget for 2004-05. Duty drawback payments are made to exporters to ... More
Orissa hopes to garner Rs 1,000 cr from software exports by 2006-07
NATURAL CALAMITIES 
Tsunami reliefMr N. Ram, Editor-in-Chief, and Mr N. Murali, Joint Managing Director, The Hindu, hand over a cheque for Rs 1.5 crore from The Hindu Relief Fund to the Chief Minister, Mr Oommen Chandy, in Thiruvananthapuram on Wednesday. ... More
Govt approves Rs 2,731-cr package for tsunami victims
TOURISM 
New drive to boost tourism launchedIN an effort to sensitise the people about the tourism sector, the Ministry of Tourism on Wednesday launched `Atithi devo bhava' (ADB), an initiative aimed to provide the inbound tourist a sense of being welcomed to the country. "An ... More PEOPLE Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment The Yuan Revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jan. 9-Jan. 15 Tourist arrivals in December up 23 pc NRIs urged to invest in `other India' Patents Ordinance 2004 — Relief for generic drug-makers Synthetic, rayon textile exports may fall short of target PSBs nonchalant over sunset clause on NPAs Swaminathan foundation proposes new approach to rehabilitate tsunami victims Hypersonic travel may become a reality Export target set at $88 b for next fiscal GAIL to supply gas to RCF through Dahej-Uran pipeline Industrial output grows 7.9 pc in November Gem & jewellery exports rise 43 pc in April-August Exports up 23.41 pcin April-December Textile export to quota countries in Jan-Dec up 5.48 pc Gujarat to attract investments over Rs 87,000 crore Raghuram Rajan for calibrated roll-out of economic policies |
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