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Sunday, August 29, 2004

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INDUSTRY & ECONOMY

OUTSOURCING
AICPA ethics panel moots outsourcing disclosure rules
AN ethics committee of the American Institute of Certified Public Accountants (AICPA) has proposed bylaw changes to its code of professional conduct to require accounting and tax businesses in the US to disclose to clients the outsourcing of to ... More

CONSUMER ELECTRONICS
Profitability margins in consumer durable cos may fall further
WITH higher raw material costs, price erosions and cutthroat competition driving selling expenses, the margins of consumer electronics and durables firms are likely to be subjected to further reduction. "The profitability margins in the ... More

ENVIRONMENT
New facility to efficiently manage use of Halons
The fire-extinguishing agent is preferred for areas such as electronic installations where no secondary damages can be tolerated. More

COAL
Coal supply: TN seeks PM's help
THE Tamil Nadu Government has sought the Prime Minister's intervention to step up coal supply to the four thermal power stations of the Tamil Nadu Electricity Board to prevent a breakdown in power generation. The Tamil Nadu Chief Minister, Ms ... More

SMALL SAVINGS
EPFO told to recover arrears to meet Rs 206-cr shortfall
THE Union Labour Ministry has asked the Employees Provident Fund Organisation (EPFO) to intensify the drive to recover provident fund arrears to meet the shortfall of Rs 206 crore at the current rate of 8.5 per cent. The Ministry, it is learnt, ... More

SOCIAL WELFARE
Greenspan sounds alert on retirement benefits
TOUCHING on a sensitive issue in an election year, the Chairman of the Federal Reserve, Mr Alan Greenspan, has warned America that it stands to face "abrupt and painful" choices if the Social Security and Medicare systems are not trimmed quickly ... More

EXPORTS & IMPORTS
Illegal copper scrap import hitting domestic producers
ILLEGAL imports of copper scrap into the country are hurting domestic copper producers, electrical products manufacturers and other users. Such imports were over 1.50 lakh tonnes last year in different forms such as copper druid (contain roughly ... More




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Top Stories
Banks told to pare exposures to G-secs


Illegal copper scrap import hitting domestic producers

Looking back
Aug. 22-Aug. 28
Steel makers unhappy over import duty cut

Singareni Collieries signs pact with labour union

Oil prices and the world economy

Education cess on customs duty — Ministry rejects industry request for change in calculation method

Bengal Govt `offers' reins of IISCO to Jindals — Parent co SAIL says no plan to disinvest

Inflation pressure hits States' fiscal reforms

Now, book Indian Airlines ticket online

`Fake auto spares market near $1 b'

No service tax on truck operators: Chidambaram

Company secretaries look for more room in pharma sector

Inflation dips to 7.94 pc; vegetable prices soar

World Bank lending to India may go up to $3 b

Rubber export subsidies may be slashed 50 pc

Pharma, biotech the new draw for overseas Indians

Penicillin makers curtail production — Fall in prices of end products

Pharma units seek duty sops for R&D


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