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Sunday, October 17, 2004

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INDUSTRY & ECONOMY

ANTI-DUMPING
Dumping duty on PSF imports withdrawn
THE Finance Ministry has withdrawn the definitive anti-dumping duty on polyester staple fibre (PSF) imports from South Korea, Malaysia, Taiwan and Thailand. The Revenue Department in March last year imposed the definitive anti-dumping duty, ... More

CEMENT
Cement consumption in South may pick up in second half
CEMENT consumption in the southern region is expected to improve in the second half of the year after a negative growth in the first six months. The lower government spending on infrastructure and slowdown in the implementation of the projects ... More

HEALTH
After Rofecoxib ban, other drugs on watch list
FOLLOWING the Government's decision to ban Rofecoxib (an anti-arthritis drug), just weeks after Merck voluntarily withdrew its branded version Vioxx, the Health Ministry plans to review the status of drugs that were previously banned or withdrawn ... More

INDUSTRY ASSOCIATIONS
MAIT welcomes new broadband policy
THE Manufacturers Association for Information Technology (MAIT) has welcomed the Government's recent announcement on the introduction of the new broadband policy. "Delicensing of 2.4-2.8 GHz frequency for outdoor usage; 802.11b and 802.11g for ... More

SMALL SAVINGS
EPFO settling claims at interim rate of 8.5 pc — Subscribers to lose if rate hiked later
THE Employees Provident Fund Organisation (EPFO) is settling claims of subscribers who have been closing their accounts since April this year, assuming the interim rate of 8.5 per cent to be the final rate. This may lead to losses to the ... More

ECONOMIC OFFENCES
Anil Nanda in judicial custody
INDUSTRIALIST Mr Anil Nanda, former Managing Director of Escorts Ltd and CMD of Goetze (India) Ltd, was remanded to judicial custody for two weeks on Friday in a case of alleged customs evasion. A Delhi court hearing the case reserved its order ... More

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    Top Stories
    Forex reserves up $20 m


    Demand for Indian tobacco may rise

    Cement consumption in South may pick up in second half

    Looking back
    Oct. 10-Oct. 16
    NTPC issue attracts 14 lakh retail investors

    Upasi concerned over sharp increase in tea imports

    Rofecoxib ban — Boom seen for other Cox II inhibitors

    Exports in Sept up 17 pc

    Does `drug' master files number tell a tale?

    ONGC plans foray into oil recovery consultancy

    Diesel consumption rises 15.4 pc in Sept

    Bill to revamp professional institutes gets Cabinet nod

    Govt bans rofecoxib sale

    Thought @ the speed of government

    `Govt expenses far more rigid than revenues'

    Industrial growth at 7.9 pc in August

    Disinvestment panel to be wound up

    India may join hands with Singapore, Thailand for Asian healthcare hub

    UAE, Kuwait to hike oil production capacity

    Mumbai Customs EDI a nightmare for importers

    India may gain from declining US textile sector fortunes

    No respite from crude price rise: ONGC chief

    Labour remittances not eligible for new benefits


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