Financial Daily from THE HINDU group of publications
Friday, February 04, 2005
Financial Daily from THE HINDU group of publications Friday, February 04, 2005 |
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INDUSTRY & ECONOMY LOTTERY Lottery body to protest THIRUVANANTHAPURAM: THE Samsthana Baghyakuri Samrakshana Samiti, an organisation formed to protect Kerala's lottery industry, has announced that it will continue with its agitation against the State Government's decision to ban all ... More BUDGET Kerala Budget today THIRUVANANTHAPURAM: The Finance Minister, Mr Vakkom Purushothaman, will present the State Budget on Friday. This will be a full Budget given the fact that the value-added tax (VAT) regime comes into being from April 1. The Budget ... More CEMENT Cement majors post higher shipments in Jan CEMENT majors have reported a modest increase in shipment and production figures for January. Associated Cement Companies has reported a 7.6 per cent increase in dispatches, year-on-year for the month of January, at 15.05 lakh tonnes, against ... More ECONOMY 
Centre may take Rs 26,000-cr hit on finance panel proposalsTHE Centre's finances may take a hit of around Rs 26,000 crore in the ensuing fiscal alone on account of the Union Cabinet's decision to implement in toto the Twelfth Finance Commission's (TFC) recommendations. According to the Expenditure ... More
Review forecasts marginal fall in Kerala's growth rate
Rs 30,000-cr investments to materialise this year: Oommen Chandy ENGINEERING `Kit pumps are a drain on power' THE pump industry here, which has a major share of the organised market for the product in the country, has made a strong pitch for a crackdown on the kit pump manufacturers. The industry also urged that while giving power supply, electricity ... More ENVIRONMENT An ecological feat worthy of emulation IT is an ecological success story enacted in Thailand and is worthy of emulation by coastal districts in the Gulf of Mannar and Kerala. The spin-offs from this ecological restoration programme have not only revitalised the coastal fishing ... More
Indian eco initiatives a big draw at Gulf expo
EXCISE AND CUSTOMS `Excise collection may not meet target' THE Finance Ministry on Thursday expressed confidence that the overall tax collection during 2004-05 fiscal would be on target even though there might be some shortfall on the excise front. "Things are better now after the scare that we had on ... More HEALTH Tune in... The medical fraternity is waking up to the healing power of music. More INFRASTRUCTURE Poor pay the price for Mumbai's `Shanghaisation' — State adopts `double-standards' in re-sheltering slum-dwellers Only after about 84,000 huts were flattened by civic officials under police protection have strident voices are being raised with support from Ms Medha Patkar of Narmada Bachao Andolan. More PSU Hind Insecticide `move' to shift unit opposed THE Save HIL Joint Action Committee today alleged that there has been a move to shift the technical plant of the public sector Hindustan Insecticides Ltd at Eloor to Maharashtra on the pretext of ban on endosulfan in the State. Mr K.N. ... More PETROLEUM GSPC goes all out to strike gas in third KG well THE pressure is beginning to tell on Gujarat State Petroleum Corporation (GSPC). The company's hopes of getting into the big league now rests squarely on the outcome of the third well that it began drilling at KG-OSN-2001/3, its Krishna ... More POWER Norms issued for competitive bidding to fix power tariff IN a bid to move away from the cost-plus approach being used for determining tariffs in the power sector, the Government has issued guidelines for competitive bidding for tariff determination of power procured by distribution companies. ... More
Govt sees Rs 9 lakh cr investments in power sector by 2012
`Ten private power projects in sight of financial closure'
Sayeed hopeful of early solution to Dabhol imbroglio
Chhattisgarh set to add 11,000 MW
DVC may buy more coal from Eastern Coalfields
NTPC to import coal to tide over shortages TAXATION AP: Medicines, cement, LPG to become cheaper on VAT WHILE the VAT (value-added tax) system remains an enigma to many, it brings cheer to consumers in the State as prices of medicines, LPG, cement and toothpaste are set to fall with effect from April 1. The tax rate on drugs and medicines will be ... More
KSSIA sees flaws in new VAT system
`Delay VAT implementation' TEXTILES TN asked to allocate funds for powerloom park projects THE office of the Textile Commissioner under the Ministry of Textiles (MoT) has suggested that the Tamil Nadu Government make early budgetary allocation as the latter's share for the capital subsidy reimbursement programme under the Hi-tech ... More SSI SSI registrations drop in Kerala THERE has been a decline in the number of small-scale units registered and employment generated in Kerala in 2003-04. According to the Economic Review - 2004, the number of registered SSI units in the State was 5,305 during the year and the ... More EDUCATION `Softexam' IT practical test THIRUVANANTHAPURAM: The software called `Softexam' will be employed in the conduct of the information technology (IT) practical test for the Secondary School Leaving Certificate (SSLC) examination this year. A decision on the use of the ... More LEATHER Global leather cos keen to set up shop in India RAW material and component suppliers for leather products globally are looking to Indian manufacturers. The industry is set to grow with leading brands of the US and Europe sourcing from India. Participants at the India International Leather ... More BIO-TECH & GENETICS Bio Asia meet to unveil Asian biotech union BIO Asia-2005, the annual global bio-business forum being hosted jointly by the State Government, Genome Valley and All India Biotech Association (AIBA), will unveil the activities of the Federation of Asian Biotech Associations (FABA). ... More PAINTS Paint cos may pass on input cost hikes to consumers ROBUST demand for paints has probably given some paint companies the confidence to pass on some of the input cost increases but margin pressures are expected to remain. Asian Paints (India) Ltd, which recently increased prices by an average 4.5 ... More DISINVESTMENT Sell-off fund — Will it fall victim to petty politics? The Government is seriously thinking of setting up a sell-off fund, which will be used partially for strengthening the public sector and for financing social sector programmes. It is hoped that the present decision of the Government would be earnestl y implemented, and not become a victim to petty politics. For this, the Government would have to be clear on several issues, says G. Ganesh. More SMALL SAVINGS `Govt will step in to meet EPF shortfall' THE Government will step in with the necessary financial assistance to ensure that subscribers of the Employees' Provident fund Organisation (EPFO) actually receive 9.5 per cent interest on their deposits for 2004-05, despite the Finance ... More FOREIGN DIRECT INVESTMENT FDI cap hike in telecom `sends right signals' THE decision to increase foreign direct investment (FDI) cap in telecom sector to 74 per cent sends the right signals to investors abroad and shows India's confidence in attracting foreign investment, according to the US Coordinator for ... More
Mauritius consortium among 24 FDI proposals cleared RURAL DEVELOPMENT Kerala cabinet clears local housing scheme THIRUVANANTHAPURAM: The State Cabinet has cleared a loan-based housing scheme to be implemented in 30 select grama panchayats in Idukki, Kottayam, Wayanad, Pathanamthitta and Kollam districts. Briefing newsmen here after a Cabinet ... More EVENTS Technical meet on rubber in Pune tomorrow THE Indian Rubber Manufacturers Research Association (IRMRA) is organising a one-day technical seminar on rubber compound and rubber components for rubber and allied industries on February 5 in Pune. This is the second such seminar being ... More
Symposium on TDS
NATURAL CALAMITIES TOURISM Nepal air connectivity restored; tourism hit WHILE air connectivity between India and Nepal returned to normalcy today with Indian Airlines, Jet and Sahara restarting operations, the recent incidents there have affected tourism significantly. Officials of the various airlines operating ... More ECONOMIC OFFENCES 
Spurious kickMr K. Venkat Reddy, Additional Deputy Commissioner of Police, Commissioner's Task Force, displays confiscated spurious foreign liquor at a press conference in Hyderabad on Thursday. ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment The Yuan Revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jan. 23-Jan. 29 Fall in passenger carrier sales hits 3-wheeler industry growth Manufacturing segment records strong growth in H1: CII survey Tamil channels ride high on dubbed English movies Petro product sales grow 1.5 pc in Dec Survey finds upheavals, subsidence in Andamans GoM meet on gas price hike for fertiliser, power units inconclusive On track to $50-b export goal: Maran `Govt to sign more customs cooperation pacts' Tea exports decline drastically; imports up Textile sector can touch $100 b post-MFA: Study Govt may hike subsidy for single super phosphate units Hill highway to boost Kerala's rural economy VAT group to submit report by Feb 15 |
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