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Thursday, November 07, 2002

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INDUSTRY & ECONOMY

ECONOMY


Jaswant calls meet on fiscal situation
WITH less than a month to go before the Finance Ministry kickstarts the 2002-03 Budget formulation exercise, the Finance Minister, Mr Jaswant Singh, has decided to take stock of the Centre's fiscal situation, particularly on expenditure trends so ... More

HEALTH


US to give $120 m for India's AIDS fight
THE US Government will be financing $120 million over the next five years to fight the spread of AIDS in India, according to the US Ambassador to India, Mr Robert Blackwill. Mr Blackwill said that in the past five years the American ... More

INFRASTRUCTURE


Coimbatore infrastructure under strain
EVEN as the Mayor of Coimbatore and the Opposition parties are engaged in a slanging match over his performance during the first year in office, the citizens of the textile city are wondering whether it would lose the privilege of being one of ... More

Action plan mulled for Kerala capital
The development strategy would seek to showcase Thiruvananthapuram as a development model for Kerala. More

PETROLEUM


Soft global crude prices yield no gain for consumers
WHEN crude stocks in the US rise, global crude prices soften. However, consumers in India have little to cheer from this development. For the past four weeks, US crude stocks have been rising, driving the Brent crude index, which was hovering at ... More

POWER


Power shortages may queer the pitch for VAT transition
POWER shortages have become a new addition to the list of woes impeding the States' transition to the value added tax (VAT) regime. Sources said that in most States, power shortages have lead to severe shortfalls in tax revenue realisations, ... More

TEXTILES


Europe bans two more azo dyes
IN a decision that will affect the textile and leather industry, a new directive issued by the European Communities has added two new Azo-dyes (amines) in its banned list of 20 such dyes. The two dyes added to the banned list are 0-anisidine ... More

EDUCATION


Karnataka: Five new training colleges for nurses
BANGALORE: Karnataka will have five new nurses training colleges with three of them being proposed in Bangalore itself. The other two will be set up in Mangalore and Mysore. A decision to this effect was taken at the State Cabinet ... More

PAPER, BOARD & NEWSPRINT


Paper manufacturers seek steady raw material supplies
EVEN as the domestic demand-supply gap for all varieties of writing and printing paper is feared to grow sharply over the coming years, large integrated paper mills are apprehensive about their survival in the long run unless effective steps are ... More

READYMADE GARMENTS


A readymade advantage
Textile majors have snapped up smaller readymade garment brands for more well-rounded potrfolios. Catalyst looks at the trend. More

GENDER


Careers start from home, say celebrities
BOTH are very successful people with totally different images. But Ms Kiran Bedi and Ms Roopa Kudva have the same bit of advice to women managers — re-engineer your homes to have a successful career growth. They were speaking at IBM's ... More

FOREIGN DIRECT INVESTMENT


TN wooing US Inc to set up plants
THE Tamil Nadu Chief Minister, Ms Jayalalithaa, has requested the US Ambassador to India, Mr Robert D. Blackwill, who called on her at the Secretariat today, to facilitate the visit of a top ranking US business delegation to Chennai and Tamil ... More

EVENTS


`Global-scale plants hold the key to success'
THE Chinese are good at making simple things in large batch sizes. But, when it comes to manufacturing products that involve flexible manufacturing with a high level of product and industrial engineering, multi-vendor coordination and continuous ... More

INCOME TAX


Kelkar hits salaried class the hardest
THE Kelkar task force had many noble objectives of rationalisation and simplification of tax structure, procedures and assessments. The vision of the task force was to make the department customer-friendly and transparent, besides widening the ... More

EXPORTS & IMPORTS


India's share seen up in world rice trade
THE international market for rice in 2002 has been gathering momentum in recent months. World rice trade this year may touch 25.7 million tonnes, 1.7 mt higher than in 2001, according to forecast made by Food and Agriculture Organisation (FAO). ... More
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