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Monday, March 07, 2005

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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Summer showers break the dry spell in Kerala
The State receives approximately 40 cm of rain during the season that often merges into the pre-monsoon showers. More

LOTTERY


Lottery Bill in current session
THIRUVANANTHAPURAM: The Finance Minister, Mr Vakkom Purushothaman, has said that the State Government will try to bring forward the Lottery Bill during the current session of the State Assembly itself. The Finance Minister said this ... More

BUDGET


Most liked feature of Budget in Delhi is I-T reforms: Survey
DELHI'S denizens have rated the rationalisation in income-tax rates and the increase in tax-free income as the single most liked feature of the Budget 2005-06. Not surprisingly, the most disliked proposal was the tax on withdrawal of more than ... More

ECONOMY


Survey sees CEOs bullish on GDP growth
The proposed tax on cash withdrawals of above Rs 10,000 is not an effective tool to keep a check on the black market, according to majority of the corporate heads. More

ENVIRONMENT


`System to monitor impact of tourism on ecology vital'
WHILE Kerala has developed some excellent policies on eco-tourism, properly implementing these policies is the most important test of the State's commitment to eco-tourism, said Ms Megan Epler Wood, Principal Consultant, EplerWood International. ... More

INFRASTRUCTURE


`Infrastructure outsourcing poised to grow'
eWorld meets Forrester analyst Robert McNeill who is bullish on India's prospects. More

PHARMACEUTICALS


Vizag Pharma City gets Environment Ministry approval
THE Union Ministry of Environment and Forests has accorded environmental clearance to the Rs 400-crore Jawaharlal Nehru Pharma City coming up at Parawada in the outskirts of Visakhapatnam. Announcing this, the Special Representative of Andhra ... More

POWER


NPCIL's first 540 MW generation unit ready
NUCLEAR Power Corporation of India's (NPCIL) first-ever 540 MW power generation unit is now ready. The Tarapur Atomic Power Project's (TAPP) Unit 4 is expected to begin producing power in May. Dr Anil Kakodkar, Chairman, Atomic Energy ... More

NTPC's nuclear power plans
THE Chairman of Atomic Energy Commission, Dr Anil Kakodkar, today confirmed that the NTPC is in talks with NPCIL for exploring the idea of entering nuclear power generation. "There have been some preliminary talks. It will take a while before a ... More

MERC spikes plan to restrict supply to agri customers
THE Maharashtra Electricity Regulatory Commission (MERC) has stopped the State electricity board from implementing a Rs 500-crore plan to restrict power supply to agricultural consumers through a single phase scheme. The regulator has also ... More

TAXATION


State Finance Ministers' meet today on VAT
STATE Finance Ministers will meet here on Monday to review their level of preparedness for introducing the value added tax (VAT) from April 1. This meeting of the Empowered Committee of State Finance Ministers on Value Tax (VAT) assumes ... More

Draft VAT rules to be on Web site in Bengal
DISCLOSING that as many as 15 States were now ready with their VAT Acts, Mr C.M. Bachhawat, Commissioner, Commercial Taxes, West Bengal, said here on Friday that the revised draft VAT Rules for the trade in Bengal would be on the Web site by ... More

AP traders, officials debate VAT
AS the VAT regime approaches, small traders and dealers wonder how it would be like in the new system. Would items like pens, refills, notebooks and compass box come under VAT? If yes, would they form part of `writing material' in Schedule ... More

VAT will raise tax base, reduce prices: Moily
THE former Karnataka Chief Minister, Mr M. Veerappa Moily, has said that the implementation of the value-added tax (VAT) will increase the tax base and bring down the prices of commodities. Inaugurating a seminar on VAT organised by the Kanara ... More

TEXTILES


`Incentives will help textile sector grow'
THE Tamil Nadu Government has come out with an investment incentive scheme to help the textile industry, particularly the small and medium enterprises. The fiscal incentive in the form of interest subsidy for the weaving and processing industry ... More

For a stich in time
An inside view of the Alleppey Cooperative Spinning Mills at Kareelakkulangra near Kayamkulam. Such units will gain from a Rs 26-crore infrastructure development project for the textiles industry announced by the State Industries Department. The ... More

EDUCATION


NCERT bodies hold school curriculum review meetings
IN another step towards finalisation of the national curriculum framework review on school education, a joint meeting of the National Steering Committee of National Council of Educational Research and Training (NCERT) under the Chairmanship of ... More

INDUSTRY ASSOCIATIONS


FICCI moots cluster approach to improve labour productivity
An analysis of the productivity levels in 23 major manufacturing sector segments shows that there is significant potential for improving labour productivity. More

FOREIGN DIRECT INVESTMENT


`Basic infrastructure vital to woo FDI'
THE country may find it difficult to attract and subsequently absorb a chunk of foreign direct investments (FDI) unless active initiatives are taken by the Government to create basic infrastructure and increase the purchasing power of people, ... More

INDUSTRIAL POLICY


Bill for industries support fund
THIRUVANANTHAPURAM: The Industries Minister, Mr V.K. Ibrahim Kunju, has said that the draft Bill for setting up the Traditional Industries Support Fund is ready. Responding to a calling attention motion in the State Assembly on Friday, ... More

EVENTS


  • Agenda for the week


    Comments & Letters to the Editor to: bleditor@thehindu.co.in
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  • Pick a Winner Stock Market Contest

    Top Stories
    Budget puts airlines on a high


    `Service tax on staff recruitment to drive up IT cos costs'

    NPCIL's first 540 MW generation unit ready

    No speed-breakers on Dalal Street

    The politics of Budget-making

    Bankers not happy over diktat on farm credit

    In Focus

    BHEL Disinvestment
    The Yuan Revaluation
    Dabhol power regenerated
    Tracking the rains
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Feb. 27-Mar. 5
    UP, Bihar get 30 pc of tax devolutions

    Gold retail investment demand remains strong

    Cotton yarn exports begin to dip as made-ups make headway

    Drug cos hope to cash in on anti-tobacco drives

    Sharp fall in LPG demand upsets refiners' plans

    Real estate sector cries foul

    Centre's market borrowings may rise 68 pc next fiscal

    Corporate income-tax — A mix of lower tax shelters & rates

    A recast of personal taxation

    Law soon to allow banks to issue pref shares

    Tax savings: Choices galore

    Exporters not enthused by Budget plans

    Experts seek rollback of cash withdrawal tax

    Fringe tax to bite deeper into smaller IT cos

    `In the right direction for hardware sector'

    Partnership firms will have to file I-T returns

    Coal stock position `super critical' at 8 thermal stations

    Service tax exemption on forex payments to go

    The logic of tax on fringe benefits, savings

    TN zone export units' turnover to cross Rs 5,000 cr

    TN trade, industry bodies want quick shift to VAT

    Fringe benefit still gives drug industry the chill

    Software exports from TN to touch Rs 10,000 cr


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