Financial Daily from THE HINDU group of publications
Tuesday, February 01, 2005
Financial Daily from THE HINDU group of publications Tuesday, February 01, 2005 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER MET SIGNS Sporadic rains in Kerala THE cyclonic circulation to the south of Sri Lanka continued to bring rain at a few places in the State on January 30 and at isolated places on the three preceding days. According to the Agromet advisory dated January 31 issued by the Met ... More NRIS NON-CONVENTIONAL ENERGY `India to be part of global hydrogen energy initiative' INDIA has joined a global initiative of 15 countries, with the US playing a major role, in efforts to tap hydrogen as a viable and cost-effective energy option. India will play a significant part in evolving research and development programmes, ... More LOTTERY Lottery body asks Kerala Govt to revoke ban THE All India Federation of Lottery Trade and Allied Industries, the apex body of lottery traders in the country, has urged the State Government to revoke the ban on lotteries immediately as it provides an alternative mode of employment to lakhs ... More COURTS/LEGAL ISSUES Call for effective dispute redressal mechanism MR Justice T.Ch. Surya Rao of the Andhra Pradesh High Court has stressed the need to have an effective dispute resolution mechanism in the country and advised the Indian Council of Arbitration (ICA) to bring pressure on the Parliament on the ... More
No decision yet on new SAT members ECONOMY 
TN sets its sights on higher growthTHE Tamil Nadu Government is hoping for a higher growth in gross State domestic product this year. "The seasonal conditions in 2004 have been better than in the last several years. This has led to the forecast of a higher growth in gross State ... More
EXCISE AND CUSTOMS 
Govt issues Ordinance to negate excise relief to ITCIN what would come as a major blow to ITC Ltd, the Government has adopted the retrospective legislation route to negate the Rs 803-crore excise relief that was granted to the company by the Supreme Court in September last year. A Presidential ... More FOREIGN TRADE Pak envoy hopeful of boost to trade ties with India THE Pakistan High Commissioner to India, Mr Aziz Ahmad Khan, is confident that the Agreement on the South Asian Free Trade Area (SAFTA) will come into force as scheduled from January 1, 2006. In an interaction with journalists from The ... More
Canadian team woos Indian investors HEALTH Campaign in Pune to raise awareness about heart diseases WHERE there is a will there is a way is what third year mass communications students from Pune Ms Ruchi Agrawal and Ms Supriya Saxena seem to have set out to prove. These youngsters have kicked off `Care for heart', a comprehensive week-long ... More
INFRASTRUCTURE 
It's munch timeLabourers at a construction site at Taramani in Chennai break for lunch. More than seven IT companies coming up in the area employ hundreds of skilled and unskilled labourers. ... More PETROLEUM IOC-Oil India combine bags oil block in Libya A CONSORTIUM of Indian Oil Corporation (IOC) and Oil India Ltd (OIL) has won an on shore oil block - Block 086 - in the highly prospective Sirte basin in Libya. The two firms recently forged an alliance for venturing into oil and gas ... More PHARMACEUTICALS Breach of data protection norms may be liable under Official Secrets Act STRINGENT punishment could await persons breaching the proposed new data protection norms. A committee chaired by the Chemicals and Fertilisers Ministry has suggested that any person violating the breach of confidence by making public undisclosed ... More POWER Essar, Jindal, Nagarjuna plan to sell electricity THE power trading business is in for a quantum jump. Promoters of at least 10 major power projects in the pipeline — with a cumulative installed capacity in excess of 6,000 MW — are planning to sell the electricity generated by their ... More TAXATION Assocham opposed to VAT on imports THE Associated Chambers of Commerce and Industry of India (Assocham) said on Monday that it was opposed to any levy of value-added tax (VAT) on imports. The Empowered Committee of State Finance Ministers on Value-Added Tax and the Union ... More
Kerala Chamber to oppose penal provisions in VAT regime TEXTILES `Weavers must learn more about global market' INDIAN fabrics and traditional designs may have made a mark internationally, but these have to be developed to compete in the international market, according to Ms Sara Thorn, an Australian textile and fashion designer. According to her, the ... More EDUCATION GEMS & JEWELLERY Chennai to host gold jewellery trade fair in May THE Gold Jewellery India International Exhibition (GJIIE 2005), the first-ever business-to-business gold jewellery trade fair, is to be held in Chennai from May 20 to 22.The three-day exhibition is being organised by the World Gold Council (WGC) ... More LEATHER Leather show to emphasise more on business this time THE International Leather Fashion Show 2005 will bridge the current fashion trends in skins and that anticipated for the coming spring and autumn/winter. The trend in leather fashion is shifting from the rugged and showing signs of wear to the ... More
Leather trade seeks long-term measures INDUSTRY ASSOCIATIONS Madurai as IT hub sought MADURAI: The Madurai District Tiny and Small Scale Industries Association (Maditssia) has submitted a memorandum to the Union Minister for Communications and Information Technology, Mr Dayanidhi Maran, seeking the Union Government's help ... More SCIENCE & TECHNOLOGY 
ECIL to develop antenna system for moon missionELECTRONICS Corporation of India Ltd (ECIL) will design, develop and install the Deep Space Network (DSN) antenna system, which will play a key role in the country's ambitious moon project — Chandrayaan. ECIL will work with ISRO Satellite ... More NEWSPAPERS & PUBLISHING Magazine for farmers Sharad Krishi launched THE Centre for International Trade in Agriculture and Agro-based Industries (CITA), a non-profitable organisation that helps farmers conduct business against the backdrop of WTO, has announced the launch of Sharad Krishi, a magazine ... More DISINVESTMENT Govt divestment plans a positive step, say marketmen THE Government decision to sell minority stake in profitable PSUs is seen as a positive move by the stock market players. Such sales will result in higher floating stocks in the Indian market, a factor that attracts foreign investors. Besides, ... More EVENTS ENTREPRENEURSHIP `Foreign varsities studying Indian entrepreneurs' success stories' INDIAN entrepreneurship accounts are becoming popular case studies for management students in foreign universities. Ten MBA students from the University of Wisconsin-Madison School of Business who were on a study of entrepreneurship in the ... More EXPORTS & IMPORTS Airfreight sops for cardamom exports extended THE Spices Board has extended the airfreight assistance of Rs 45 a kg for cardamom exports to the West Asian countries up to February 28. The Board, in a bid to boost exports of cardamom and a consequent increase in prices, had introduced the ... More NATURAL CALAMITIES Kerala: Tsunami victims between Govt and deep sea THE future of thousands of tsunami victims in Kollam district remains uncertain, as the Government is yet to implement its rehabilitation package even as most of its relief camps are being closed. The Army, which has been doing yeoman service ... More
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Looking back Jan. 23-Jan. 29 Fall in passenger carrier sales hits 3-wheeler industry growth Manufacturing segment records strong growth in H1: CII survey Tamil channels ride high on dubbed English movies Petro product sales grow 1.5 pc in Dec Survey finds upheavals, subsidence in Andamans GoM meet on gas price hike for fertiliser, power units inconclusive On track to $50-b export goal: Maran `Govt to sign more customs cooperation pacts' Tea exports decline drastically; imports up Textile sector can touch $100 b post-MFA: Study Govt may hike subsidy for single super phosphate units Hill highway to boost Kerala's rural economy VAT group to submit report by Feb 15 |
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