![]() Financial Daily from THE HINDU group of publications Wednesday, April 20, 2005 |
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INDUSTRY & ECONOMY OVERSEAS BORROWINGS ECB access for qualified NGOs NEW DELHI: Qualified non-governmental organisations engaged in micro-finance can now use the external commercial borrowing window. An announcement to this effect was made in the Union Budget 2005-06 and has now been operationalised. Mr ... More NON-CONVENTIONAL ENERGY `Energy efficiency must get due attention' ENERGY efficiency and renewable energy should receive priority attention of macro-economic planners, according to Prof Malimullah Miyan, Vice-Chancellor, IUBAT University, Dhaka. Inaugurating the two-day workshop organised by the Institute of ... More ANTI-DUMPING Paper makers want dumping duty on caustic soda to go THE Indian Agro & Recycled Paper Mills Association (IAPMA) has sought the removal of anti-dumping duty on caustic flakes and caustic lime, alleging that prices of caustic soda and liquid chlorine have been increased "exorbitantly". It also ... More COURTS/LEGAL ISSUES Call to put legal system on the fast track TECH-savvy foreign lawyers are getting ready to invade the country, and if "we do not modernise our judiciary and fill up vacancies for judges in the various High Courts soon, and equip the Members of the Bar adequately to face this challenge, we ... More
New CESTAT President EXCISE AND CUSTOMS CII lists anomalies in Customs duty structure THE Confederation of Indian Industry (CII) has said that certain indirect tax provisions introduced in Budget 2005-06 need a review. Though a few anomalies in the Customs duty (in case of aluminium and electricity meters) had been removed in ... More FOREIGN TRADE Indo-Pak amity heralds hope on prospects for mutual trade benefits PAKISTAN President General Pervez Musharraf's three-day whistle-stop schedule in India and his meeting with the Prime Minister, Dr Manmohan Singh, on the sidelines of a one-day cricket match between the two countries , got the attention of the ... More
Assocham spots 9 areas to drive Indo-Pak trade INFRASTRUCTURE `Better infrastructure needed to boost Indo-Pak trade' THE Federation of Indian Export Organisations (FIEO) has called for infrastructural development across the Indo-Pak border (at both the ends) to facilitate increased cross-border trade flows. Both the countries could draw experience from the ... More PETROLEUM Oil marketing PSUs lose Rs 1,300 cr in two weeks UNDER-RECOVERY on account of subsidised LPG and kerosene and price under-realisation on account of petrol and diesel have taken an abnormal toll in 2005-06. During the first fortnight of April, the oil marketing PSUs have lost a total of Rs ... More
M.P. seeks more kerosene STEEL Global consumption of finished steel products to cross 1 b tonnes THE International Iron and Steel Institute (IISI), a global think tank for the steel industry, said on Tuesday that total consumption of finished steel products in 2005 would cross the one-billion-tonne-mark for the first time in ... More
Steel cos urged to focus on R&D to cut down costs
SAIL to finalise IISCO corporate plan by May TAXATION VAT panel not to introduce new rate for 3 months THE Empowered Committee of State Finance Ministers on value-added tax (VAT) does not favour, for now, the introduction of a new VAT rate between 4 and 12.5 per cent. This position of the VAT panel has been conveyed to the Delhi Government, ... More
Norms laid out for tax rebates on services exports
Ordinance on VAT likely for Kerala SSI units SSI Union Bank advances to SSIs up 20 pc UNION Bank of India's advances to small-scale industries grew by 20 per cent during the financial year 2004-05, to touch Rs 3,765.77 crore. The bank covered 2,247 small-scale industry units under the Credit Guarantee Fund for Small Industries, ... More PERSONAL PRODUCTS FMCG meet to discuss faster movement of goods in Mumbai FMCG and retail industry players will gather in Mumbai on April 21 for an `Efficient Consumer Response' (ECR) meet to discuss how to speed movement of goods, physically and electronically in the FMCG supply chain to benefit consumers. The meet ... More RADIO/TV Rajdeep Sardesai forms venture with TV18 MR Rajdeep Sardesai, former Managing Editor, NDTV, and Mr Sameer Manchanda, former Chief Financial Officer, NDTV, have formed a new venture, Broadcast News, in collaboration with the Television Eighteen (TV18) Group to launch television channels ... More
SS Music to waft into US on direct-to-home
Dish TV offers new DTH package READYMADE GARMENTS
Lankan team visits Vizag apparel park siteTHE State Government is keen on extending all facilities to prospective investors in the proposed apparel park in the Atchyuthapuram mandal of Visakhapatnam district, the Minister for Commercial Taxes, Mr K. Ramakrishna, has said. He was ... More BIO-TECH & GENETICS UK to put up strong show at biotech meet in Bangalore THE British biotechnology sector, the second largest after the US, will put up a strong show at the annual Bangalore Bio 2005 event. A 10-member business delegation is participating in the expo from April 22 to 24. UK biotech companies will ... More SCIENCE & TECHNOLOGY Keltec develops GSLV components STATE-OWNED Kerala Hitech Industries Ltd (Keltec) has developed two major critical components for the Indian Space Research Organisation (ISRO). The components, L40 tanks and L40 contour nozzle thrust chamber, are to be used in the second stage ... More SOCIAL WELFARE ESIC defers decision on higher allocation THE governing board of the Employees' State Insurance Corporation (ESIC) on Tuesday deferred a decision on raising the allocation for workmen and their family members from Rs 750 per insured person per year to Rs 900. The move would have ... More RURAL DEVELOPMENT ONGC mite for AP rural growth ONGC is spending about Rs 60 lakh for socio-economic development initiatives in the Amalapuram-Rajahmundry area every year. Further, out of Rs 1 crore spent annually by the Ravva Project operated by Cairn Energy, ONGC has a share of Rs 40 lakh ... More STANDARDS & BENCHMARKS Safety of baby products Health Ministry under pressure to deliver verdict THE Health Ministry is under pressure to pronounce its verdict on whether the baby products manufactured by companies such as Johnson & Johnson, Himalaya Drug Company and Emami are safe or not. Top officials in the Ministry said that as the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Apr. 10-Apr. 16 Trade policy: EOUs hope for I-T relief Coal India sets production target of 343 mt for '05-06 Truck rentals slip on VAT confusion ICICI Group forays into realty Arm sets up dedicated fund; partners Tishman Speyer New patent regime Discovering new challenges Indian cos going slow on promoting Valdecoxib Govt may allow 20 pc FDI in FM radio broadcasting Corporation tax mop-up touches Rs 83,311 cr FDI enquiries building up for mid-tier realty cos Petro product sales up 1.2% in March; diesel demand falls Crude futures slide 9-10 pc at MCX Power consumers set to get choice of distribution utility 11 State ERCs issue open access guidelines Qatar, India sign air services pact; keen to better trade ties `World trade growth to slow down this year' National Jute Policy aims to boost exports Shipments to be increased to Rs 5,000 cr by 2010 Bumper year forecast for South Eastern Rly Spurt in demand for rakes by sponge iron units Big FMCG brands regaining lost ground from low-priced warriors Chinese garments come cheap |
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