Financial Daily from THE HINDU group of publications
Saturday, December 21, 2002
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Financial Daily from THE HINDU group of publications Saturday, December 21, 2002 |
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INDUSTRY & ECONOMY AUTOMOBILES `Rectify cost anomalies in auto sector' IN order to hold its own in the globally competitive automobiles and auto components industry, the domestic players have urged the Government to correct the existing cost anomalies in the segment. "It needs to be appreciated that Indian ... More ECONOMY Forex reserves will absorb oil shocks, says Jaswant THE Finance Minister, Mr Jaswant Singh, today said that the comfortable forex reserves position would enable the Government to absorb the spurt in global crude prices due to the war-like situation developing in Iraq. "With forex reserves ... More
Escap sees GDP growth rising to 5.6% EXCISE AND CUSTOMS Specific duty for petrol, diesel likely TO cushion the impact of volatility in global crude prices on consumers, the Kelkar panel on indirect taxes is set to recommend specific duty rates for petrol and high speed diesel (HSD) in its final report to be submitted early next week, ... More
Duty changes may hit car makers POWER 
CESC lenders `happy' over Bengal regulatory panel orderTHE tariff order given by the West Bengal Electricity Regulatory Commission (WBERC) in the case of CESC making it the only power utility in the country with a tariff structure which is devoid of cross-subsidisation, is likely to have a neutral ... More TAXATION TN sales tax collections up 13.5 pc SALES tax collections in Tamil Nadu continue to be buoyant with the revenue from this source showing a 13.5 per cent increase during the April-October 2002 period, when compared to the same period last year. The increased collections have ... More TEXTILES ICMF wants fiscal support only for viable units THE Indian Cotton Mills' Federation Chairman, Mr Chinthan N. Parikh, has cautioned that the financial restructuring being mooted by the industry to bring fiscal relief to the needy textile enterprises should be limited to supporting only the ... More SSI 
`Global thinking must for SMEs'THE Prime Minister, Mr A.B. Vajpayee, has called for global thinking on how to ensure greater stability of small and medium enterprises (SMEs), while stressing on the need for liberating all domestic enterprises, especially the SMEs from the ... More
Codissia for SSI clusters to boost exports
SSIs told to approach BHEL TYRES Tyre production up 25% in Oct TYRE production surged by 25 per cent in October boosted by rising sales of trucks, cars, and motorcycles, data released by the Automotive Tyre Manufacturers Association (ATMA) showed. Total production in October increased to 44.2 lakh tyres ... More DISINVESTMENT Panel pulls up Govt on BPCL, HPCL Oil companies on common sharing basis are using this kind of infrastructure and disinvestment of HPCL and BPCL would endanger the successful functioning of common sharing basis. More HUMAN RESOURCES Crafting a home-coming decision THE top-of-the-line Indian graduate, after getting an engineering degree under his belt, has two options. Make a beeline for one of the top management schools in the country or better still, head out to destinations spanning the US or even some ... More NON-PERFORMING ASSETS Karnataka asks banks to go slow on NPA recovery ALARMED by banks' persistent pursuit of defaulters in the recent months, the State Government has asked banks and financial institutions to slow down the enforcement of the Securitisation Ordinance in Karnataka. Speaking at the State Level ... More EXPORTS & IMPORTS FIEO welcomes changes in drawback table THE Federation of Indian Export Organisations (FIEO) has welcomed the Government's decision to amend and incorporate the description, rates, caps and conditions in some entries of the Duty Drawback Table 2002-03. The FIEO President, Mr ... More TOURISM TN tourism policy soon THE Tamil Nadu Government will be coming out with a working tourism policy, in tune with the Central Tourism Policy, according to the Tamil Nadu Minister for Tourism, Mr A. Miller. He was speaking at the inaugural session of the Chennai Fest ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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