Financial Daily from THE HINDU group of publications
Sunday, February 12, 2006
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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Weather insurance slow to gain acceptance in India
While weather insurance has gained popularity in the West with almost every corporate studying the impact of the weather on its cash flows, it has just started to catch up in India. The cover is a weather-derived insurance product that would ... More

SOCIAL SECURITY


Relief for relief
IN TAMIL Nadu after the recent floods the State Government allowed flood relief ranging from Rs 1,000 to Rs 2,000. This has been received in some cases even by professionals, Government servants etc. Will this sum be taxable in the hands of ... More

BUDGET


Budget `06: Exporters may get service tax rebate
The Government may also come up with measures to ensure that service tax paid on input services used in the service exports is rebated/refunded. More

Budget expectations — Looking for excise breaks
THE Finance Minister, Mr P. Chidambaram, had dangled the carrot of an 8 per cent cut in excise duty for passenger vehicles last year, but did not deliver it as part of his Budget for 2005-06. For the automobile ... More

CPI wants rationalisation of corporate tax exemptions
THE Communist Party of India has urged the Government to strengthen the securities transaction tax (STT) and rationalise corporate tax exemptions. The party also sought the imposition of a nominal tax on FII outflows. CPI leader Mr A.B. Bardhan ... More

INFRASTRUCTURE


India to conduct study for ESCAP on strengthening institutions
THE Department of Commerce will get a study done for the UN Economic and Social Commission for Asia and the Pacific (ESCAP) on how to strengthen existing institutions and instruments for long-term infrastructure financing in the region. The ... More

PHARMACEUTICALS


Trade margins on generic drugs to be capped at 50 pc — No levies on medicines for cancer and HIV/AIDS
The Government has also suggested that the Maximum Retail Price should be inclusive of all taxes and drug's name, its MRP, as well as date of manufacture and expiry should be printed in both English and Hindi. More

POWER


High-level team headed for Oman to strike Dabhol dues settlement — May place firm orders for gas purchase
WITH the erstwhile Dabhol project's dues to the Government of Oman threatening to derail fresh gas procurement for restarting operations at the station, the Centre has scheduled the visit of a high-level team to Oman next week to hammer out a ... More

TEXTILES


Vaghela to present textile industry's case to Chidambaram
THE Union Textiles Minister, Mr Shankersinh Vaghela, on Saturday assured the textile industry that suggestions made by the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) to the Union Finance Minister, Mr P. Chidambaram, would be ... More

WATER


Call to fix norms for national drinking water security
WITH a view to ensure safe drinking water in the country, there is an urgent need for a national regulatory framework that involves active participation of panchayats and village knowledge centres, renowned scientist Dr M.S. Swaminathan has said. ... More

EDUCATION


IIMs may opt for uniform fee for PGP courses — Hike in fees on cards
ALL the six Indian Institutes of Management may finally opt for a uniform fee structure for PGP courses starting this academic year. This will also mean a hike in the fees. "All six IIMs will jointly take a decision soon on this and most ... More

LEATHER


Leather exporters seek Rs 100-cr fund for effluent treatment
THE Council for Leather Exports (CLE) has urged the Finance Minister, Mr P. Chidambaram, to set up in the forthcoming Budget a separate Rs 100-crore fund for assisting tanneries in effluent treatment using the reverse osmosis process. At a ... More

GENDER


Women score high in micro finance
WOMEN avail themselves of 95 per cent of micro finance (defined as provision of convenient financial services to the poor) in the country. Why the gender imbalance? Simple. The loans given to men in the 70s and 80s when the micro finance ... More



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Top Stories
Weather insurance slow to gain acceptance in India


GM unveils Chevrolet Aveo here ahead of US, Europe

Women score high in micro finance

IIMs may opt for uniform fee for PGP courses — Hike in fees on cards

Trade margins on generic drugs to be capped at 50 pc — No levies on medicines for cancer and HIV/AIDS

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Feb. 5-Feb. 11
Canoro poised to complete 3D, 2D seismic surveys

EPF board will dip into reserves to pay interest despite reduction in rate

Free power is fine if State finances permit: Shinde

Spices export continues to decline

Low-cost higher education books hit US stores

`Realty market in India on high growth curve'

India, Russia to set up joint forum on trade, investment

Rise in metal prices hits medium, small units

FBT hits insurance cos' group business

Maharashtra for restarting Dabhol plant with naphtha as feedstock — Willing to pay more for power

`Labour issue delaying decision on Toyota's small car plant' — Japanese trade team visits Bangalore

Airtel completes phase 1 of I-T Dept tech initiative — To connect I-T offices in 510 cities

NCAER pegs GDP growth at 7.8 pc — `Inflation, stocks had good run'

Manufacturing slowdown clips industrial growth to 5% in Dec `05

Edible oil imports drop 21 pc to Rs 5,818 cr in April-Nov

Anti-money laundering software market set for bigger growth

`Get rated, access cheaper loans'



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