The Hindu Business Line : Thursday, December 19, 2002

Gird up your loins to hit 8% growth: PM
THE Prime Minister, Mr Atal Bihari Vajpayee, on Wednesday urged all sections of society to shed the mindset of the past and go ahead to achieve the 8 per cent economic growth spelt out in the approach document to the Tenth Plan (2002-07). In a ... More

Investments missing: NCAER
THE National Council of Applied Economic Research (NCAER) has dubbed the growth of the economy so far this fiscal as "elusive" since the overall prospects remain constrained by lack of new investments even as the first-half saw major gains in ... More

Naidu ropes in the best for advisory role
The idea of such an advisory body is to facilitate the State administration in simplification of administrative practices, rules and procedures towards ensuring simple, transparent and a corruption free administration. More

POWER

Karnataka may buy power from Orissa
FACED with the possibility of a serious power deficit during the coming summer months, Karnataka now wants to reopen discussions with the Orissa State Government for purchase of electricity on a long-term basis. Orissa had offered to supply 250 ... More

TAXATION

Rs 11,000-cr gap in direct tax collections
THE Finance Ministry is set to face a massive Rs 11,000-crore shortfall in direct tax collection targets despite a recovery in the third instalment of advance tax due from corporates in Mumbai and Ahmedabad. A near 20 per cent growth in ... More

Don't keep services out of VAT, says paper
THE introduction of value-added tax without services in the net will affect the very objective of achieving transparency and simplicity, according to a discussion paper brought out by the Taxes Department of the State Government and published by ... More

Statute change for service tax cleared
THE Union Cabinet on Wednesday decided to bring in a Constitutional amendment, which will provide for the formal levy of tax on services by the Centre and enable the States to collect and appropriate the proceeds of the levy. Currently, tax on ... More

BREWERIES

TN distilleries told to stop work on gasohol
The distilleries have been asked to stop work on the projects pending a meeting of the industry representatives with Government officials concerned. More

TERRORISM

Parliament attack, death sentence to accused
A.R. Geelani, Mohammad Afzal (left) and Shaukat Hussain Guru being brought to the Patiala Court, after being sentenced to death by a Special POTA court for the attack on Parliament, in the Capital on Wednesday. ... More

RADIO/TV

Watchdog for TV channels on the cards
IN a bid to regulate the content doled out by various television channels, the Information and Broadcasting Ministry (I&B) is considering setting up an independent Broadcasting Regulatory Authority (BRA). This proposal was put forward by the ... More

SCIENCE & TECHNOLOGY

Arunachal puts satellite data to extensive use
REMOTE sensing data sourced from the series of Indian Remote Sensing (IRS) satellites are finding increasing application in Arunachal Pradesh. In the preparation of administrative maps of districts, identifying hazard areas for earthquakes, ... More

GENDER

Of Mars and Venus
There's a glaring lack of women executives in Indian companies. Considering women form half the consuming public, wouldn't their insights into products help marketing and sales? More

ECONOMICS

`Kautilya's may be alternative model'
A PERFECT balance has to be maintained between State management and people's welfare, and this is the essence of Kautilya's economic treatise Arthashastra, created 2,500 years ago. Economists, social scientists and bankers, discussing ... More

WTO

Like-minded must align at WTO: Shourie
AS issues of concern for developed countries were progressing fast in WTO negotiations but not those of the developing world, India should "make alliances with such countries which could benefit us", the Minister of Commerce and Industry, Mr Arun ... More

IPR

Dr Reddy's wins patent battle with Pfizer
IN a significant development for the US generics market business of Dr Reddy's Laboratories Ltd, the US court for the district of New Jersey has dismissed on Tuesday Pfizer's complaint against Dr Reddy's Labs on the ground that the patent term ... More

EXPORTS & IMPORTS

Withering orders dry up flower exporters' coffers
AS the floriculture industry braces up for a new export season, the bullish sentiment witnessed over the last few years seem to be missing. While established players paint a rosy export picture, struggling entrepreneurs, many of whom have ... More

TOURISM

Tourism panel concerned over travel advisories
The Parliamentary Consultative Committee on Tourism has expressed serious concern over the trend of countries issuing travel advisories asking their countrymen not to travel to India in the recent past. At a meeting today, the Members of ... More

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