The Hindu Business Line : Friday, July 30, 2004

ECONOMY
Report points to AP's mounting fiscal liabilities
THE fiscal liabilities of Andhra Pradesh have nearly doubled from Rs 28,297 crore in 1998-99 to Rs 54,831 crore in 2002-03, resulting in steep interest outflows to the tune of Rs 6,131 crore, a 34 per cent growth over previous years. More than ... More

FOREIGN TRADE
We will take a re-look at free trade pact with Thailand: PM
INDIA will take a hard re-look at the free trade agreement with Thailand which the Vajpayee Government initiated last year. The Prime Minister, Dr Manmohan Singh, announced the changed position of the Indian Government on board the special ... More

Bulgaria to support investment projects
IN a bid to attract foreign investments to Bulgaria, Mr Boyko Boev, Deputy Minister of Agriculture and Forests of the Republic of Bulgaria, said that his Government would provide institutional support for major foreign investment ... More

POWER
GBC proposes to develop world-class power plants
THE CII-Sohrabji Green Business Centre has proposed to develop at least five world-class power plants, with a view to helping the Indian power sector to reach global standards. Announcing this here, Mr P.K. Kukde, Chairman of the summit, said ... More

CWC appointed consultant for NTPC projects
NTPC ha appointed the Central Water Commission (CWC) as its consultant for designing and engineering of two hydro power projects in Uttaranchal. An MoU to this effect was signed between the two companies here, an NTPC release said. As per ... More

SSI
SSIs worst hit by GTB moratorium in AP
THE Small Scale Industry (SSI) sector has been seriously impacted by the moratorium placed on Global Trust Bank (GTB), especially those holding current accounts without any other facilities. Hence, the Reserve Bank of India should consider ... More

WATER
Bill to double APWRDC borrowing limits
THE Andhra Pradesh Legislative Assembly on Thursday adopted a Bill that enhances the borrowing limits of AP Water Resources Development Corporation (APWRDC) from the existing Rs 1,000 crore to Rs 2,000 crore. Piloting the Bill in the House, ... More

RADIO/TV
`Pvt channels free to join DTH platform'
DOORDARSHAN, which is set to launch its DTH (direct to home) platform early next month, has invited private channels to join the platform as a part of the 40-channel free to air offering. The Union Information Minister, Mr S. Jaipal Reddy, said ... More

EDUCATION
CAPE fixes fee for courses
THIRUVANANTHAPURAM: The Co-operative Academy of Professional Education (CAPE) has fixed the tuition fee for the management seats in the five engineering colleges run by it for the 2004-05 academic year. According to an official ... More

REAL ESTATE & CONSTRUCTION
`Smaller cities hold future for mall developers'
A YEAR ago Mr Rahul Saraf, Managing Director of Forum was apprehensive about the business opportunities available in Bhubaneswar in Orissa. That his fears were misplaced is borne out by the fact that, today, he is planning to open a second mall ... More

SCIENCE & TECHNOLOGY
Aryabhatta award
HYDERABAD: Well-known scientist and former Director, National Remote Sensing Agency, Hyderabad, Prof. B.L. Deekshatulu, has been awarded the prestigious Aryabhatta Award-2002 by the Astronautical Society of India. The award recognises ... More

PAINTS
Paint research centre coming up in Kolkata
THE Indian Paint Association (IPA) and Jadavpur University (JU), through their Industry Institute Partnership Cell (IIPC), have joined hands to set up the country's first Indian Paint Research Centre (IPRC) at the Salt Lake campus ... More

SOCIAL WELFARE
Quota for the handicapped in Kerala
THIRUVANANTHAPURAM: The Assembly Committee on the Welfare of Women, Children and the Handicapped has directed the State Government to ensure that it observes the reservation norms for handicapped persons in Government appointments. The ... More

EXPORTS & IMPORTS
Mills in South may go for cotton import
NOTWITHSTANDING the current lull in the sale of yarn and fabric, textile mills in the South may pitch for import of raw cotton to take advantage of the easy international price situation. The textile units, especially those involved in the ... More

MMTC buys DAP from global market to meet shortfall
IN a fire fighting measure to meet the shortfall of di-ammonium phosphate (DAP) fertiliser in the domestic market, the Government controlled MMTC Ltd on Thursday booked a cargo of 60,000 tonnes of DAP from US-based Phoschem. The move is aimed ... More

TOURISM
Traffic jam?
A houseboat on the backwaters. Proliferation of houseboats are allegedly flouting environmental norms and adversely affecting the fragile eco-system of Vembanad Lake. ... More