![]() Financial Daily from THE HINDU group of publications Saturday, April 12, 2003 |
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INDUSTRY & ECONOMY ECONOMY
8 per cent growth target realisable, says India Inc `Manufacturing, core sectors hold key'CAN the country's annual growth rate crawl up from 5.6 per cent in 2002-03 to the targeted 8 per cent? The broad sentiment in Indian industry is that it is a "realisable target", but it significantly hinges on how well domestic growth is balanced ... More ENVIRONMENT BET for better civic projects NOISE pollution, solid waste management, cleansing of lakes, traffic management, the city corporation's byelaws the areas in which Bangalore Environment Trust (BET) has contributed is long. The 16-member team that forms the Trust has ... More EXCISE AND CUSTOMS Tirupur back in Coimbatore Excise purview TIRUPUR Central Excise/Customs division, hitherto operating under the Salem Central Excise commissionerate has been remerged with the Coimbatore Central Excise Commissionerate with immediate effect. The remerger of the Tirupur Central ... More INFRASTRUCTURE Nanguneri industrial park `gone with the wind' "GONE with the wind," was the State Information Technology Minister, Mr D. Jayakumar's cryptic reply when a member in the Assembly enquired about the fate of the multi-crore high-tech industrial park which was to come up at Nanguneri in ... More PSU CAG pulls up AP Housing Corporation THE Comptroller and Auditor General (CAG) has pulled up the Andhra Pradesh State Housing Corporation "for changing the subsidy-based all-India scheme into a loan-based State Government scheme without approval of either Central or State ... More TAXATION VAT on sugar, textile, tobacco items Centre urged to review need for additional excise duty THE PHD Chamber of Commerce and Industry (Phdcci) has urged the Centre to examine the need for levy of additional duty of excise (AED) on sugar, textiles and tobacco products in a scenario where States are to be empowered to impose value added ... More
House panel finds fault with toll collection policy TEXTILES Small powerloom weavers may get some excise relief THE Centre may not agree for a roll-back of the textile Cenvat chain though weavers in the decentralised powerloom clusters are opposing the extension of excise duty on fabrics woven by them. But it seems it may relent on their demand to exempt ... More
`EU ready for near-zero duty on textiles' SSI Seminar on small industries KOCHI: The Institute of Small Enterprises and Development is organising a one-day seminar on globalisation and challenges of small industry on April 30. The seminar will deliberate on the key areas of concern such as patents, trademarks, ... More WATER
Forgotten projectThe Musi River and the Nandanavanam Project seem to have been forgotten by all. A few years back, the State Government had initiated with much fanfare a project to cleanse the river. But this picture of the river filled with drainage water taken ... More
Sabarmati river front body gets PM's award EDUCATION TN okays plan for law college near Chennai THE Tamil Nadu Government has approved the Dr Ambedkar Law University's proposal to set up a law college near Chennai, said the Minister for Law, Mr D. Jayakumar in the Assembly today. Moving the demand for grants for the law department, Mr ... More AUTOMOBILE COMPONENTS Indo-German cos' income up 3.36 % INDO-GERMAN companies listed on domestic bourses have recorded a bottomline growth of 28.54 per cent during the three months ended December 2002 compared to the corresponding period of the previous year, a review conducted by the Indo-German ... More MEDICAL INSTITUTIONS & HOSPITALS Kerala CM to lay foundation stone KOCHI: The foundation stone for the new block of the PVS Memorial Hospital and Trade Centre will be laid by the Chief Minister, Mr A.K. Antony, on the hospital premises on April 12. Mr P.V. Chandran, Chairman of the hospital, said that ... More REAL ESTATE & CONSTRUCTION Karnataka may empower banks for property registration WITH the amendment to the Stamp Act to do away with the age-old stamp paper printed in the Government Press, Karnataka is planning to try out the medium of a nationalised bank to validate property registration documentation before being endorsed ... More INDUSTRY ASSOCIATIONS MAIT urges excise duty cut to boost PC sales PRICES of personal computers (PCs) could come down by Rs 3,000-5,000 and spur sales by 30-35 per cent if the Government cuts the excise duty to eight per cent from the current 16 per cent, the Manufacturers Association for Information Technology ... More
`Electricity Bill to open more doors for investments' SCIENCE & TECHNOLOGY Insat-3A has space to make more money ANY talk of money from space is somewhat anathema in the rather socialist portals of the Department of Space. But the just launched Insat-3A seems set to be a major cash-cow for the domestic space agency, going by the user interest it has ... More DISINVESTMENT BBUNL set to take Jessop sell-off issue to SC BHARAT Bhari Udyog Nigam Ltd (BBUNL) is all set to take the Jessop & Company disinvestment matter to the apex court. Sources said that this would happen as soon as it gets the necessary papers from the Calcutta High Court which had, on March ... More
Ministry invites advisors for Hind Paper divestment RURAL DEVELOPMENT Priority for Kerala tribal rehabilitation THIRUVANANTHAPURAM: Tribal rehabilitation works accounted for as much as Rs 51.5 crore (64.4 per cent) out of the Rs 78.2 crore spent under various heads during 2002-03, according to a spokesman of the Tribal Welfare Department. This ... More EVENTS `India Inc, MNCs are two sides of the same coin' INDIA Inc need not fear the multinational corporations (MNCs) any more. For, India Inc has the home advantage while MNCs are required to package their product offerings keeping in view local flavours and tastes, according to Mr N.D. Mehta, ... More EXPORTS & IMPORTS Scope to export farm implements to Uganda THERE is scope for exporting agricultural machinery, including tractors and power tillers, to Uganda, according to Mr Deepak Roy, Indian High Commissioner in Uganda. Exporters should explore business opportunities with regard to smaller ... More ALTERNATIVE MEDICINES Herbal market poised for healthy growth THE green consumer is coming of age. The demand for medicinal plants is increasing everyday and the World Health Organisation (WHO) has projected that the global herbal market will grow to $5 trillion by 2050 from the current level of $62 ... More TOURISM Husain, Tharoor team up to sell Kerala to tourists POSITIONED as a `celebration of Kerala', God's Own Country, a coffee table book with illustrations by painter M.F. Husain and text by author Shashi Tharoor, was released at a function here today. The 57-page book, brought out by the ... More
Tourist facilitation centre to come up in Hyderabad STANDARDS & BENCHMARKS Review of food adulteration scheme mooted EVEN as the pesticide-residue issue that rattled the bottled water industry in the not-so-distant past remains to be completely resolved, a Standing Committee report has recommended an "overall review" of the Prevention of Food Adulteration (PFA) ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories 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 Mar. 30-Apr. 5 War makes way for tourists to feel God's own Country War, media and sheer hypocrisy Exim Policy provides more sops to SEZs Exim Policy proactive, says India Inc Cabinet okays six-level intervention plan Rs 40,000 cr earmarked to rev up State power boards Rubber stocks dip on higher offtake 30,000-tonne imports likely by tyre makers before August Will the war serve US interests? Offshore staff help forex kitty boom Incidence of cancer quite high in India ISRO team reviews draft on lunar mission |
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