Financial Daily from THE HINDU group of publications
Tuesday, May 03, 2005
Financial Daily from THE HINDU group of publications Tuesday, May 03, 2005 |
|
|
|
|
|
INDUSTRY & ECONOMY CLIMATE & WEATHER Cyclonic pattern under close watch: Met Office THE upper air cyclonic circulation that triggered widespread rain/thundershowers in parts of Coastal Andhra Pradesh, Tamil Nadu and Kerala could well be the precursor to the southwest monsoon, if last year's trend is any indication. Mr M. D. ... More NRIS 
Banks lower FCNR, NRE deposit ratesA number of banks have lowered the interest rates on their NRE term deposits and FCNR deposits . The rate changes by Dena Bank and Bank of Baroda will take effect immediately, according to press releases issued by both banks. Similarly, Bank ... More
ANTI-DUMPING `Domestic industry structure must be factored in for anti-dumping duty' THE Designated Authority in the Commerce Ministry should take into account the structure of the domestic industry that petitions for imposition of anti-dumping duty, while initiating an anti-dumping probe and recommending imposition of the duty, ... More ECONOMY China's rapid economic growth hits Asian nations differently Trade is not the only channel by which Chinese growth impacts on the prospects of its neighbours. Another channel is foreign direct investment. More
EXCISE AND CUSTOMS Molasses duty cut to Rs 750/t THE Finance Minister, Mr P. Chidambaram, on Monday brought partial relief to the sugar industry by reducing the excise duty on molasses to Rs 750 a tonne from Rs 1,000 asproposed in the Budget. The sugar industry will now have to shell out an ... More
Chidambaram defends settlement with ITC FOREIGN TRADE Boost trade with enlarged EU in IT, biotech: Assocham THE Associated Chambers of Commerce and Industry of India (Assocham) has stressed the need for expanding India's trade basket with the enlarged European Union (EU) in areas such as Information Technology & Communication, biotech and ... More
HEALTH Govt asked to check clinics promising stem cell cure The Parliamentary Standing Committee on Health and Family Welfare, has asked the Government to check clinics making claims of curing various diseases using stem cells. The committee had sought the views of the Director General of the Indian ... More
AP to formulate health mission INFRASTRUCTURE `Defined legal framework vital for pvt investments in infrastructure' THE Confederation of Indian Industry (CII) on Sunday said that a stable and clearly defined legal and regulatory framework is imperative for attracting private sector participation (PSP) in the infrastructure sector. A report prepared by CII ... More PSU 
Central PSEs record 64 pc increase in net profit in 2003-04CENTRAL Public Sector Enterprises (CPSE) have shown a 64 per cent increase in cumulative net profit at Rs 53,169 crore in 2003-04, while the turnover of these firms rose about 10 per cent to Rs 5,86,140 crore against the previous year, according ... More PETROLEUM Petro-price hike: Govt finds it tough to convince Left THE Union Government may have a tough task on its hand in convincing its Left allies for raising petrol and diesel prices. Opposing any move to raise petroleum product prices, the senior leaders of Communist Party of India (CPI) on Monday ... More
IEA book on oil saving methods
`AP to have gas grid by 2007-08' PHARMACEUTICALS FBT: Booster for pharma industry THE pharmaceutical industry has something to rejoice. The Finance Minister's announcement of levying fringe benefit tax on 5 per cent of the expenditure incurred on conveyance, tour and travel including foreign, use of hotels, boarding and ... More POWER Hoarding owners feel aggrieved by MERC ban HOARDING owners and specialist outdoor agencies may oppose the recent move by Maharashtra Electricity Regulatory Commission (MERC) to temporarily ban neon signs, illuminated hoardings during evening hours till June. The ban is on account of the ... More
Damodar Valley gets captive coal linkage
KPCL plans to import coal for Raichur station
MSEB offices, workers attacked TEXTILES Sisspa calls for status quo on security deposit for HT consumers THE South India Small Spinners Association (Sisspa) is upset over the State electricity board slapping an increase in additional security deposit for high-tension (HT) power consumers. The Tamil Nadu Electricity Board's demand notice rising the ... More SSI ESIC `move' irks Coimbatore tiny units SMALL and tiny units in Coimbatore are up in arms over the alleged action of the ESI Corporation in demanding job-working units, employing less than 10 persons, to remit their ESI contribution, which they say is against law since such units are ... More INDUSTRY ASSOCIATIONS FICCI for setting up free zone at Vizag port THE Federation of Indian Chambers of Commerce and Industry has asked the Andhra Pradesh Government to develop a free zone at Visakhapatnam port on the lines of Jebel Ali Free Zone in Dubai. The free zone would trigger economic growth by giving ... More INCOME TAX 
Savings accounts exempt from cash transaction tax — More relief for senior citizensTHE Finance Minister, Mr P. Chidambaram, on Monday announced a softening of the incidence of proposed Fringe Benefit Tax (FBT) on companies, while exempting transactions in savings bank accounts from the Banking Cash Transaction Tax ... More
FBT: Software industry feels let down
India Inc disappointed over FBT retention
Relief for senior citizens EXPORTS & IMPORTS Duty drawback rates revised upwards — Schedule covers about 2,620 products THE Government on Monday announced an upward revision in drawback rates for most products. Releasing the All Industry Rates of Duty Drawback, 2005-06, the Government said that the new rates will come into effect from May 5. Barring a few ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus BHEL Disinvestment China's 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 Apr. 24-Apr. 30 `Biotech industry needs to address regulation, funding issues' Kamal Nath hints at `hire and fire' in special economic zones Despite rising costs, paint sector may post 5-15 pc topline growth Now, KPO in patents `Average earner is risk averse' Small cars continue to rule the sales chart Freight market dips, but shipping firms buoyant Ginger exports cross 13,000 t 'Commercial use of fly ash can reduce pollution threat' Global demand for eco-lodges expected to rise by 10 pc ESCAP pegs India's GDP growth rate at 7.5 pc Traditional items boost export growth in April-Jan Tea exports from South rise in 2004 Time-of-day power tariffs on the anvil Spices exports rise 18 pc in 2004-05 Indians top `intending car buyers' list across Asia |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home | Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line |
