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Wednesday, September 29, 2004

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INDUSTRY & ECONOMY

CONSUMER ELECTRONICS
Consumer durables becoming dearer this festive season
CONSUMERS accustomed to a slash in prices of refrigerators, CTVs, ACs and other appliances around this time of the year, just before the festive season, may be in for a disappointment. For not only have a few industry players announced price ... More

ECONOMY
We may not meet 10th Plan targets, says Pranab
THE Union Defence Minister, Mr Pranab Mukherjee, conceded here today that there may be a "slippage in meeting the 10th Plan targets". Mr Mukherjee told while addressing the 104th AGM of the Bharat Chamber of Commerce that achieving an ... More

Kerala records tardy growth in revenue receipts: Study
Runaway growth in revenue expenditure is the root cause of the State's budgetary problems. More

Govt to once again dip into PSU reserves to cover revenue shortfall
WITH revenues, particularly from indirect taxes, not showing the desired buoyancy, the Government has decided to dip into the resources of cash-rich public sector undertakings to keep its fiscal and revenue deficits within the budgeted ... More

Govt plans to save Rs 3,000 cr through austerity measures
THE Finance Ministry has drawn up a detailed austerity plan through which it hopes to effect expenditure savings to the tune of Rs 3,000 crore during the current fiscal. For a start, it is targeting `autonomous bodies' under various Ministries, ... More

ENVIRONMENT

  • Effluent trigger ruled out in Thiruvananthapuram beach

    FOREIGN TRADE
    Kamal Nath to attend bilateral meetings during Europe tour
    THE Union Commerce and Industry Minister, Mr Kamal Nath, is undertaking a week-long trip to Europe as part of attending bilateral meetings in Paris, London and the India-European Union meeting in the Hague from October 7-14. Sources in the ... More

    EU regulation on trade preference likely in Oct
    THE European Union is likely to bring out a regulation implementing the Generalised System of Preferences (GSP) in October for the next three years. The EU adopted a communication in July setting principles that will guide the EU system of ... More

    Non-oil trade with UAE touches $7.14 b
    INDO-UAE non-oil trade witnessed a jump of 66.6 per cent to $7.14 billion in the 2003-2004 fiscal, with Indian exports to the UAE alone accounting for a 53 per cent rise to $5.08 billion, according to a senior Indian mission official. Mr ... More

    HEALTH

  • Apollo launches telemedicine link with Pak

    PETROLEUM
    Unease in Gulf, Nigeria makes oil, financial markets jittery
    THERE is eerie nervousness in oil and financial markets amid fears over oil supply as prices are edging towards $50 (around Rs 2,298) a barrel mark. The current security threats in Saudi Arabia, Nigeria and Iraq, seem to be compounding the ... More

    Shell Hazira opposed to LNG imports under f.o.b.
    SHELL Hazira Gas Pvt Ltd has protested to the Government against the proposed move to make liquefied natural gas (LNG) imports mandatory on free-on-board (f.o.b) basis, as it would make the Rs 3,000-crore LNG-receiving terminal at Hazira ... More

    Scarce commodity
    A woman carries home a cooking gas cylinder at Adimaly. LPG cylinders are often in short supply in the State.

    More

    POWER
    Regulator asks MSEB, State Govt to settle dues
    THE Maharashtra Electricity Regulatory Commission (MERC) has asked the State Government and the Maharashtra State Electricity Board (MSEB) to settle their differences over the amount they owe each other, before this quarter's `zero energy' bills ... More

    NTPC hopes to finish TN project study by Dec
    The surplus power sold either to other States or to any other bulk buyer, taking advantage of the flexibility provided by the Electricity Act, 2003. More

    Price bids for Bidadi to open next month
    UNDETERRED by the volatile international oil markets, Karnataka Power Corporation Ltd (KPCL) has decided to go ahead with the price bids for fuel supply to the 1400-MW Bidadi gas station. According to sources, the price bids would open in ... More

    TRAVEL & PLACES
    CM to open Kerala Travel Mart at Kochi
    With the Tourism Departments of Andhra Pradesh, Tamil Nadu and Karnataka sharing eight stalls, the KTM will have an ethnic South Indian flavour this time. More

    TERRORISM
    AP panel to monitor talks with Naxalites
    THE Andhra Pradesh Government has appointed a 20-member monitoring committee to supervise the talks between the Government and CPI (ML) (People's War). The committee comprises civil rights activists, senior journalists, academicians and ... More

    RADIO/TV
    Zee Tele gets nod to launch sports channel
    ZEE Telefilms Ltd (ZTL) has received necessary regulatory approvals to launch a sports channel, Mr Subhash Chandra, Chairman and Managing Director , said. "We have received uplinking approvals. The test signals should be available in a day or ... More

    Zee has not met eligibility criteria: ESPN-Star
    ESPN-Star Sports (ESS) has once again contended that Zee Telefilms does not satisfy the eligibility criteria for acquiring the telecast rights for the matches organised by the Board of Control for Cricket in India (BCCI). ESS has claimed before ... More

    TELEVISION SETS
    `Thai trade pact no threat to CTV sector'
    DESPITE the Thailand-India free trade agreement (FTA) in place, the domestic colour television (CTV) industry need not fear any immediate threat due to imports from Thailand, say industry insiders. Even multinational companies in India that have ... More

    BEVERAGES
    `Withdraw special excise duty on soft drinks'
    THE Associated Chambers of Commerce and Industry of India (Assocham) has demanded the withdrawal of special excise duty (SED) of 8 per cent on carbonated soft drinks to help the beverage industry grow further. In a representation submitted to ... More

    HANDLOOM
    AP Govt moves to revive handloom sector
    IN a bid to revive the handloom sector, the Andhra Pradesh Government has decided to explore a variety of options, ranging from tapping corporates and the Railways to preparing a calendar of expos for selling handloom. The State Finance ... More

    MINING & QUARRYING
    `Mining hits women hard'
    MINING often undermines the rights of women and they are worse hit than men in the aftermath of indiscriminate exploitation of the mineral resources by the industry, Ms. K. Bhanumathi, of mines, minerals and PEOPLE (m, m&P), has said. m,m&P i More

    CINEMA
    Telugu film industry to set up monitoring cells to curb piracy
    RHETORIC and clichéd concerns over the problem of piracy, at last, finally give way to some scope for real action from the Telugu film industry to put off the problem. After being bogged down by huge losses to the tune of Rs 300 crore annually ... More

  • `Popcorn' team arrives

    SMALL SAVINGS
    Post offices give swanky banks a run for their money
    THE humble post offices, fighting a valiant battle against the swanky, technology-driven new age banks, have more than held their ground. "Our savings bank and postal deposits have continued to surge, well into the present decade," the Post ... More

    SOCIAL WELFARE
    Half-a-day's pay, but a big change for the children
    IN its one year of existence, the Bangalore-based Parikrma Humanity Foundation has impacted three groups (if not more) of people at different levels: About 500 school dropouts, employees of 20 corporates and the team at Parikrma itself. The ... More

    RURAL DEVELOPMENT
    Rate slab fixed for SGSY loans
    THE Government has asked the Reserve Bank of India and Nabard to ensure that the loans extended to self-help groups under Swarnjayanti Gram Swarozgar Yojana (SGSY) is made available within a slab of 4 to 6 per cent interest. "We are facing ... More

  • Banks told to help rural women in AP

    LABOUR REFORMS
    Chidambaram for flexibility in labour markets
    THE Finance Minister, Mr P Chidambaram, on Tuesday voiced support for introducing "flexibility" in the labour markets, stating that employers needed this tool to manage downturns in business cycles. Inaugurating India's first temporary staffing ... More

    E-COMMERCE & E-BUSINESS
    C1 India goes live with e-tendering platform
    NEW DELHI: E-Procurement solutions provider C1 India, said it has gone live with the e-procurement platform of Directorate General of Supplies and Disposals (DGS&D). "The platform will allow DGS&D to raise public tenders and streamline ... More

    EVENTS

  • Management meet on Oct 7
  • Travel Mart at Colombo
  • In Thiruvananthapuram today
  • In Hyderabad today

    TOURISM

  • Ayurveda resort launched



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    Net direct tax collections up 47.66%


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