The Hindu Business Line : Sunday, July 20, 2003

Crop prices rule higher, may boost farm incomes
IT is not only copious monsoon rainfall and the imposition of a 9 per cent interest ceiling on crop loans up to Rs 50,000 that provide some cause for cheer to the country's battered farming community. There is an additional factor that could ... More

FOREIGN TRADE

AIMO to boost ties with Singapore
WITH a view to learning from the Singapore experience, the All India Manufacturers' Organisation (AIMO) has begun efforts to building bridges with that country to expand the scope of manufacturing industry. Taking an initiative in this ... More

For India Inc, UK is gateway of Europe
DESPITE the uncertain global situation, the United Kingdom has maintained its position as Europe's top inward investment location. And aiding the UK in this regard was India, the second largest source of inward investment into the European ... More

POWER

National power tariff policy by Oct
WITH the Electricity Act 2003 now in place, the Union Power Ministry is working on a series of policy documents, including a national electricity policy and an electricity tariff policy, the draft of which has been released. Addressing the ... More

REC plans to float IPO
RURAL Electrification Corporation (REC) is working on a proposal to float an initial public offering (IPO) amounting to 10 per cent of its equity. "We will be shortly submitting a proposal to the Power Ministry for their in-principle approval," a ... More

NTPC likely to gain from uncertainty over Petronet LNG terminal
UNCERTAINTY over the future of the Petronet LNG Ltd (PLL)'s proposed terminal here has driven some of the prospective customers to initiate negotiations with the NTPC for a tie-up. Fertilisers and Chemicals Travancore Ltd (FACT), probably the ... More

STEEL

Record global steel offtake projected
GLOBAL steel consumption has been increasing at an annual rate of 4 per cent thus far in 2003, which, if sustained, would reach a record level exceeding 800 million tonnes of finished products. International trade in steel has remained strong ... More

RADIO/TV

CAS confusion stalls awareness promos
With the uncertainty surrounding the implementation of the Conditional Access System (CAS), Government departments, broadcasters, and cable operators are now wondering whether to continue with consumer awareness campaigns or not. This, despite ... More

Broadcasters won't budge on rates
To ensure a smooth implementation of the Conditional Access System (CAS), the Government had asked broadcasters to come up with attractive pricing for pay channels. But, the broadcasters are not in a mood to oblige. They seem to have decided to ... More

CARS

Car sales — On the fast track
PASSENGER car sales have set a scorching pace this summer. The first quarter ended June 30 saw a 28 per cent growth in sales volumes; the highest since the first quarter of 1999-00 when the industry ran up a sales ... More

HCV/LCV/TRACTORS

Good monsoon boosts tractor industry outlook
TRACTOR manufacturers may have reason for some cheer at last, what with the monsoons not playing truant this year and the Finance Minister stating that easier terms on loans for farm equipment/tractors would be set. According to Mr R.C. Jain, ... More

BIO-TECH & GENETICS

`Use of biotech products to see big growth by 2007'
NUTRACEUTICALS, high-quality seeds, herbal drugs, software-driven bioinformatics and newer vaccines and diagnostics are the exciting prospects of the application of biotechnology, especially in the Indian context. The industry, especially the ... More

ECONOMIC OFFENCES

RBF Nidhi: HC directive for corrective steps
The Chief Judge, Court of Small Cases, has also been directed to dispose of all the attachment applications within a period of three months. More

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