Financial Daily from THE HINDU group of publications
Friday, March 07, 2003
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INDUSTRY & ECONOMY

SOAPS & DETERGENTS


Ministry to study duty anomalies on toiletries
FACED with the threat of re-location of units involved in manufacture of soaps and toiletries to neighbouring countries, the Finance Ministry has in-principle agreed to examine the duty anomaly that may have crept in this year's Budget on account ... More

PENSION PLANS


Pension plan to offer 3 options
THE new pension structure promised in the Union Budget would be kicked off by the licensing of six pension fund managers (PFMs) who would be permitted to offer a limited bouquet of three schemes each to subscribers, with a maximum cap of equity ... More

EPS members can join new system
THE new pension system proposed in the Budget will be open to subscribers of the existing Employees Pension Scheme-1995 (EPS), which is managed by the public sector Employees' Provident Fund Organisation (EPFO). "The EPS subscribers can opt for ... More

BUDGET


It's all about jugglery
BELIEVE it or not, such is the art of jugglery with figures in the annual arithmetic called the Budget that the essential difference between a good budgetary exercise and a bad one - as perceived by corporates and the people at large - is, ... More

Supplementary demands placed in LS
THE third and final batch of supplementary demands for grants for the current fiscal involving a net cash outgo of Rs 5,495.12 crore was placed in the Lok Sabha on Thursday by the Minister of State for Finance, Mr Anandrao Adsul. The final ... More

INFRASTRUCTURE


CII infrastructure meet to focus on South
THE Confederation of Indian Industry - Southern Region has taken up a study on an integrated approach to sustainable infrastructure development. It plans to release this report at the infrastructure summit being organised by it in Chennai on ... More

PLASTICS


  • Tech upgradation programme

    POWER


    Liberalised project norms to benefit Nagarjuna Power — Substantial reduction in tariff likely
    The customs duty reductions alone are expected to push down the first year tariff from the project to about Rs 2.40 a unit. More

    Vigilance probe into power projects
    THIRUVANANTHAPURAM: The State Government has ordered a vigilance inquiry into the alleged irregularities in the renovation of some power projects during the tenure of the previous Left Democratic Front (LDF) Government. The ... More

    TAXATION


    States to go ahead with VAT implementation on April 1
    "Most of the larger States such as Maharashtra, Gujarat, Karnataka and Tamil Nadu are fully prepared to implement VAT from April 1." More

    States to implement VAT on April 1
    "Most of the larger States such as Maharashtra, Gujarat, Karnataka and Tamil Nadu were fully prepared to implement VAT from April 1." More

    COAL


    Many cos sitting idle on coal mining blocks
    MAJOR corporate houses in the country are sitting idle on high-quality coal blocks bearing low ash content coal allotted to them for captive mining. Despite the availability of resources, these companies are always finding some excuse or the ... More

    REAL ESTATE & CONSTRUCTION


    Budget 2003-04: Short shrift for realty
    THOUGH the real estate sector has welcomed the Finance Minister's decision to continue with the existing income tax rebate up to Rs 1,50,000 in the housing sector, there is a section of the industry, which feels that the Government has overlooked ... More

    TOBACCO


    Withdrawal of excise exemption on tobacco to stay
    THE Finance Ministry is unlikely to relent to the demands of a section of the tobacco industry to restore excise duty exemption granted to units manufacturing cigarettes, pan masala containing tobacco and other tobacco products in the North ... More

    SCIENCE & TECHNOLOGY


    Germany, ESA big customers for NRS Agency data products
    ISRO has set up an earth station in Germany, as part of a global network of nearly a dozen stations to receive the imagery from the series of India's remote sensing satellites (IRS), which are considered the best in the business. More

    EVENTS


    AEC meet in New Delhi
    POLICYMAKERS and scholars from major countries of Asia are to congregate here on March 10-11 for an international conference. The conference will present a case for an Asian Economic Community (AEC), that would be broader in coverage than the ... More

    Afghanistan seeks support from Indian industry
    AFGHANISTAN had renewed hopes of support from the Indian industry, the President of Afghanistan, Mr Hamid Karzai, said here today. Addressing captains of industry at a meeting here, Mr Karzai said that Afghanistan hoped to get support from ... More

    INCOME TAX


    Exporters to get I-T refunds faster — Dept working on e-funds transfer
    The Government reimburses or refunds the taxes, duties, etc., that might have been suffered by the goods exported by the exporters. More
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    It's all about jugglery

    Many cos sitting idle on coal mining blocks

    Phaneesh shrugs off NJ Bill

    RBI readies relief package for seafood exporters

    Exporters to get I-T refunds faster — Dept working on e-funds transfer

    A battle-cry against war

    In Focus
    Run-up to Budget
    Kelkar Report
    Bottled water: How safe is it?
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    Housing Fin. rate war: Bonanza for consumers!
    NPAs in Banking
    In Depth
    Simple Economics
    Consumer Notes
    Tax Talk
    The Brahmananda collections
    NRIs & Investment Avenues
    Corporate Governance
    Gold: Still the winner?
    Cars: Always a beauty
    Books and Reviews
    Looking back
    Feb. 23-Mar. 1
    Anti-dumping duty on China-made metal torches

    Study on diabetes unearths bitter truths

    Traditional items, engg goods dominate export basket — Account for 18% growth in April-Nov

    Ministry may grant Rs 30 cr for leather park in Bengal

    Chambers' reaction mixed

    Budget breathes new life into pharmaceuticals sector

    Jaswant leaves more money in salaried pocket

    Dividend tax, capital gains tax to go — Capital markets get a lift

    Price cuts drive auto into top gear

    CST cut to hurt States by Rs 5,000 cr

    Style & substance true to form

    Want better roads? Pay 50 paise more for diesel, petrol


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