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Sunday, April 10, 2005

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INDUSTRY & ECONOMY

ECONOMY


Inter state trade council proposal timely step: FIEO
THE Federation of Indian Export Organisations (FIEO), Eastern Region, has described the proposed setting up of an Inter State Trade Council as a timely move in the context of VAT implementation across 21 States. Talking to newspersons here on ... More

FOREIGN TRADE


Chinese PM to explore economic ties with India
THE Chinese Prime Minister, Mr Wen Jiabao, flew in on Saturday evening on a two-day visit to Bangalore. He will visit the offices of Indian and Chinese software companies TCS and Huawei India Ltd on Sunday and wrap up his sojourn with a visit ... More

Trade policy: EOUs hope for I-T relief
THE Annual Supplement 2005 to the Foreign Trade Policy has come as a ray of hope for export-oriented units (EOUs) on the income-tax front. It has held that EOUs would be permitted to claim income-tax exemption for income on export proceeds ... More

Electronic data interchange to be functional in a year
THE Director-General of Foreign Trade (DGFT), Mr K.T. Chacko, is quite optimistic that within a year the electronic data interchange (EDI) would be fully functional as all the "community stakeholders" such as the Customs, health and sanitation ... More

HEALTH


Control blood sugar with `smart' insulin pumps
Unlike insulin injections, a pump automatically delivers a constant rate of insulin round the clock and can be operated by the user. More

PETROLEUM


Report on HPCL Vizag refinery expansion to be ready soon
THE detailed feasibility report for the expansion of Hindustan Petroleum Corporation Ltd's (HPCL) Vizag refinery to 15 million tonnes will be ready by the end of the first quarter of the current fiscal. The report is being prepared by ... More

POWER


Kanoria Chemicals to sell surplus power to PTC
KANORIA Chemicals & Industries Ltd has signed a power purchase agreement with Power Trading Corporation (PTC) to sell 10 MW surplus power to PTC from the company's captive thermal power plant located at its integrated chlor-alkali manufacturing . More

COAL


Coal India sets production target of 343 mt for '05-06
A senior CIL source said the company was confident of crossing the higher target as it did during the fiscal ended March 2005. More

FOODS & FOOD PROCESSING


Seafood exporters call off strike
THE Seafood Exporters Association of India (SEAI) on Saturday called off their proposed strike on April 11 after the Union Commerce Minister stated that an immediate solution would be worked out regarding taxation issue. The association said ... More

INDUSTRY ASSOCIATIONS


Assocham for speedy disposal of pending corporate cases
THE Associated Chambers of Commerce and Industry of India (Assocham) has expressed concern over the piling up of 50,000 corporate cases, pending in various courts of laws, against which action has been initiated on technical grounds for ... More

Industry groups laud foreign trade initiatives
INDUSTRY and trade associations have welcomed the annual supplement of the Foreign Trade Policy for 2005-06 announced on Friday by the Union Minister for Commerce and Industry, Mr Kamal Nath. The Council for Leather Exports (CLE) has said the ... More

TRADING


Honda's trading arm to set up subsidiary in India
HONDA Trading Corporation, the trading arm of the Japanese multinational Honda group, has decided to set up a wholly-owned subsidiary in India. The company would undertake trading activities and provide support services to other group companies ... More

TOURISM


Hong Kong hopes tourists will surely `Discover' it in 2006
AFTER facing a downswing because of the SARS epidemic, Hong Kong is betting on high returns from tourism. Towards achieving this, not only has the Government announced HK$500 million (Rs 280 crore) in additional tourism funding (the total ... More


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Top Stories
Ahill to widen garment range, enter Lanka


Trade policy: EOUs hope for I-T relief

Forex reserves rise by $297 m

Coal India sets production target of 343 mt for '05-06

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Apr. 3-Apr. 9
`VAT will lower tax burden on business'

Zee Telefilms serves notice to BCCI, seeks Rs 1,630-cr compensation

Chilli exports touch all-time high

Thermal plants' coal shortage worsening

Traditional items propel exports in April-December

Pharma MNCs likely to tighten hold on patents

50% value addition must on tea exports by EOUs, SEZs

New emission norms lead to shake-out in diesel car segment

First mapping satellite to be launched in May

Edible oil imports seen rising 5 lakh t

VAT hits live chicken exports to Kerala

Cement majors report rise in despatches

US households swell Indian exporters' kitty

Oil firms seek hike in petro prices; Cabinet to decide

Consumers' purse in for a squeeze

Vegoil imports down to 2.48 lakh tonnes in March

IOC, Saudi Aramco plan merchant storage oil terminal — Drop plans for facility to store crude reserves

Oil cos may lose Rs 810 cr if price hike not allowed

On the right track to double trade, create employment

China's loss could be India's gain in high demand apparel items

Which is the largest selling car? Read the fine print


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