The Hindu Business Line : Sunday, August 15, 2004

ECONOMY
Containing inflation major challenge: Kalam
THE President, Dr A.P.J. Abdul Kalam, on Saturday identified containing the present spiralling inflation rate among the major challenges facing the Government. "Our economy has yielded a growth rate of the Gross Domestic Product (GDP) by over 8 ... More

FOREIGN TRADE
`Trade policy to level the field for DTA units, EOUs, SEZs'
THE National Foreign Trade Policy (NFTP), to be unveiled by the Commerce Minister, Mr Kamal Nath, on August 31, may come up with initiatives aimed at providing a level playing field between domestic tariff area (DTA) units, 100 per cent export ... More

IACC urged to co-ordinate with Indo-US JBC on services FTA
THE Union Commerce Minister, Mr Kamal Nath, on Friday asked the Indo-American Chamber of Commerce (IACC) to co-ordinate with the Indo-US Joint Business Council (JBC) for joint evaluation of the merits and various other aspects of a free trade ... More

PETROLEUM
How to beat the petrol price hike?
FUEL prices are soaring like nobody's business, and so it has become almost everybody's business to understand why the numbers on the pump display panel change faster than you can say `pet-rol.' For those who feel they're left holding the empty ... More

IOC to leverage expertise for overseas contracts
INDIAN Oil Corporation Ltd (IOC) will leverage on its domain expertise in the area of exploration and production (E&P) to bid for projects and contracts overseas. For the oil major, while a major part of its growth in the years ahead would be .. More

`IBP will maintain identity as IOC's marketing division'
AFTER its merger with Indian Oil Corporation Ltd (IOC), IBP Co Ltd will maintain its identity as the marketing division of the former, according to Dr N.G. Kannan, Managing Director of IBP Co Ltd and Director (Marketing) of IOC. Addressing a ... More

STEEL
Paswan's options to check steel prices
THE Union Minister for Chemicals, Fertilisers and Steel, Mr Ram Vilas Paswan, said he would propose either the establishment of an independent regulatory authority to monitor steel prices or the reduction in the import duty on steel at the ... More

Steel conferences on Oct 17, 20
METALJUNCTION.com, the 50:50 joint venture between Tata Steel and Steel Authority of India Ltd (SAIL), is organising two one-day conferences in Mumbai in association with Metal Bulletin of London. The conferences will be held on October 17 and ... More

TEXTILES
`Capacity consolidation in textiles not happening'
ONE of the challenges for the domestic textile sector in tapping new business opportunity in a quota-free textile trade next year is scaling up capacity and the possible way of achieving this is through consolidation of capacities through ... More

Report on promoting technical textiles likely this month
THE blueprint on promoting technical textiles in the country will be ready this month and the expert committee on technical textiles formed by the Government more than a year ago is expected to table the report to the Centre this month. The ... More

RURAL DEVELOPMENT
NAC forwards two Bills to Govt
THE National Advisory Council (NAC) to the Congress-led UPA coalition decided on Saturday to forward the draft National Rural Employment Guarantee Bill, 2004, and the suggested amendments to the Freedom of Information Act, 2002 (proposed to be ... More

ECONOMIC OFFENCES
DCA to crack down on errant promoters, directors of NBFCs — Plans 'full-fledged inspection' of books
The Department is now taking careful steps to fix the promoters and directors of those NBFCs that failed to comply with the repayment schedules ordered by the Company Law Boards of different regions. More