![]() Financial Daily from THE HINDU group of publications Wednesday, January 26, 2005 |
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INDUSTRY & ECONOMY LOTTERY
Kerala imposes blanket ban on lotteriesTHE Kerala Government has banned all kinds of lotteries, including those of its own, with immediate effect. This follows the Supreme Court directive that the State Government should obey the order of the apex court staying the Government's ... More ANTI-DUMPING Dumping duty on narrow woven fabrics mooted THE Designated Authority in the Commerce Ministry has recommended imposition of preliminary anti-dumping duty on imported narrow woven fabrics from China and Chinese Taipei, even as none of the exporters from these countries have responded to the ... More COURTS/LEGAL ISSUES US judge urges special courts for patent cases "A LOT of concerns that people have (on drug companies extending the monopoly on their products through incremental developments) can be solved by a good court system," said Mr Randall R. Rader, Circuit Judge on the United States Court of Appeals ... More ECONOMY Pondy Plan outlay fixed at Rs 810 cr THE Annual Plan of Pondicherry for 2005-06 has been fixed at Rs 810 crore inclusive of a relief package of the order of Rs 100 crore to the tsunami-hit people. This was decided at a meeting between the Planning Commission Deputy Chairman, Dr ... More
Tsunami may worsen fiscal deficit: ADB ENVIRONMENT FAO not for massive planting of mangroves THE UN Food and Agriculture Organisation (FAO) has said that rehabilitation of mangroves should be taken up for speedy recovery of coastal eco-systems. But large-scale planting should be undertaken with caution, it said. FAO does not recommend ... More EXCISE AND CUSTOMS `Govt to sign more customs cooperation pacts' THE Government would in the coming days sign customs-cooperation agreements with a number of key countries including China, Singapore, Thailand, Canada and Australia, the Union Finance Minister, Mr P. Chidambaram, said here on Tuesday. Speaking ... More
Kolkata Customs' new system to clear exim cargo HEALTH Fact sheet released for diabetic patients According to the World Health Organisation, there are over 32 million people suffering from this disease in India today. More PETROLEUM GoM meet on gas price hike for fertiliser, power units inconclusive A MEETING of the Group of Ministers (GoM) held here on Tuesday to discuss a proposal to hike the price of natural gas for fertiliser and power units and also to set up a regulator for the oil sector remained inconclusive. "The discussion was ... More
POWER NTPC in talks with NPC for foray into nuclear power generation NATIONAL Thermal Power Corporation (NTPC) is in talks with Nuclear Power Corporation of India (NPCIL) for possibilities of entering into nuclear power business, as part of its diversification agenda. Officials of the Rs 26,000-crore company ... More
Draft power policy to bill corporate farmers in AP TAXATION VAT assignments cheer consultants, accounting firms WITH the value-added-tax (VAT) regime round the corner, consultancy companies and accounting firms are on a roll. Inundated by frantic calls from clients, they have come up with innovative solutions including `VAT calculators', special ... More
FICCI calls for removal of grey areas in VAT regime EDUCATION Karnataka to discuss common entrance test for pvt colleges THE Karnataka Government will discuss issues related to admission through common entrance test (CET) with managements of private professional colleges in Bangalore on Friday. In an informal chat with presspersons here on Tuesday, the Minister ... More REAL ESTATE & CONSTRUCTION YSR woos investors to Visakhapatnam VISAKHAPATNAM is emerging as a favoured destination for many companies in India and abroad, and the State Government is keen on providing all facilities to the investors here, the Chief Minister, Dr Y.S. Rajasekhara Reddy, has said. At a ... More
LEATHER Leather exporters flay cut in duty drawback rates THE Council for Leather Exports (CLE) has decided to take up strongly with the Ministry of Finance the sharp cut in the All Industry Rates of Duty Drawback (DBK) for leather and leather products, announced recently. The new rates have come ... More MINING & QUARRYING
Sand miners strike at the heart of rivers in KeralaDespite restrictions on river sand mining, truckloads of sand are removed and smuggled out in connivance with law-enforcing authorities, it is alleged. More DISINVESTMENT
Govt defers stake sale in BHEL, Maruti to next fiscalTHE Government has decided to defer the proposed sale of 10 per cent equity in Bharat Heavy Electricals Ltd (BHEL) and 7.5 per cent in Maruti Udyog Ltd (MUL) to the next financial year. The Finance Minister, Mr P. Chidambaram, said that the ... More FOREIGN DIRECT INVESTMENT Toyo Denso among 30 FDI plans cleared THE Japan-based Kansai Paints Company Ltd's proposal to acquire shares of Goodlass Nerolac Paints through secondary market transactions involving foreign direct investment (FDI) worth Rs 104.27 crore was among the various FDI proposals approved ... More HUMAN RESOURCES Fund for Kerala domestic workers THIRUVANANTHAPURAM: The State Minister for Labour, Mr Babu Divakaran, has promised to bring domestic workers under the minimum wages law and extend the benefit of welfare fund to them. The Minister said this while inaugurating the 20th ... More EVENTS Indian companies to participate in Abu Dhabi defence expo PROMINENT Indian companies are participating in the upcoming 7th International Defence Exhibition and Conference IDEX 2005, which will be held in Abu Dhabi from February 12 to 17. The key exhibitors from India at IDEX 2005 are BrahMos, BEML, ... More EXPORTS & IMPORTS
On track to $50-b export goal: MaranWITH exports of electronics and computer software services notching a 33-per cent growth rate during 2003-04, the Union Minister for IT and Communications, Mr Dayanidhi Maran, has expressed confidence that India was on track to achieve the export ... More NATURAL CALAMITIES Oceanic survey urged in Kanyakumari MADURAI: The Tamil Nadu Maritime Board has requested Indomer Coastal Hydraulic Private Ltd to carry out an oceanic survey to determine whether any changes such as formation of sand dunes and obstructions in the sea have occurred following ... More
Sri Lanka may hold cricket match for tsunami relief
Special Kerala Assembly session on tsunami
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Looking back Jan. 16-Jan. 22 Indirect tax collections up 12.23% in April-Dec `India must stop harping on US-Pak ties' ICFAI B-school to allow students vend financial products Coal India ready to buy from captive mine owners `Controlling fiscal deficit is the biggest concern' Dr Raghuram G. Rajan, Economic Counsellor and Director of Research, IMF Cairn Energy to invest $200 m in developing new oil finds NHB to launch housing index FMCG unlikely to show value growth this year Saudi Aramco may partner IOC to build crude reserves ONGC to bid for refinery project in Equador Same drugs with multiple price prints? Extreme climates to extend to more areas, warns study Spices exports top 2.5-lakh-t target Gem, jewellery exports rise 38 pc Cruise cos scout for Indian staff `Molecular medicine next big opportunity' Agrochem industry answers Jammu call Exports under deferred payment deals to get advance licence benefits |
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