Financial Daily from THE HINDU group of publications
Tuesday, May 10, 2005
Financial Daily from THE HINDU group of publications Tuesday, May 10, 2005 |
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INDUSTRY & ECONOMY NRIS Housing: Plea to modify FEMA IN a bid to enable people of Indian origin (PIOs) and non-resident Indians (NRIs) to invest in mass housing and real estate development including plantation, the Associated Chambers of Commerce and Industry of India (Assocham) has sought ... More NON-CONVENTIONAL ENERGY Long-term supply of ethanol for blended petrol programme — ISMA yet to respond to draft MoU THE Ministry of Petroleum and Natural Gas is still awaiting response from the Indian Sugar Mills Association (ISMA) to sign a memorandum of understanding (MoU) to ensure long-term supply of ethanol. According to official sources, a draft MoU ... More ECONOMY `US job growth is just a wayside puddle' EVEN as solid majority of Americans continue to cast doubt on the directions of this Bush administration's economic policy, the Labour Department is pointing to April statistics that shows nearly a quarter of a million new jobs that have been ... More HEALTH Tobacco: Health Ministry may ban brand extension ads THE Health Ministry's proposal to disallow advertising of brand extensions could come as a blow to companies promoting products such as apparel, greeting cards or bravery awards using tobacco brand names. According to highly placed sources, ... More
AP: Polio immunisation campaign on May 15 HOTELS Attrition rate hits hotel industry at entry, junior levels THE hotel industry is facing a manpower crunch especially at the entry and junior management levels. More than half of the students, who pass out from catering institutes, are not interested in getting into the hospitality industry, industry ... More PETROLEUM Govt wants all players in oil sector to bear subsidy burden WITH no legal backing to rope in the petroleum refining companies to share the subsidy burden on petroleum products, the Government is working with the oil companies to evolve a mechanism which would result in equal sharing of subsidy burden ... More POWER TN, AP, Karnataka plan joint venture for 3,000-MW project WITH power shortages looming large over most of the country and barely any fresh generation capacity in sight, three States have decided to take matter into their own hands. In a unique experiment, the power utilities of Tamil Nadu, Andhra ... More TAXATION Double taxation avoidance — Mutual agreement norms come under CAG scanner THE mutual agreement procedures (MAP), which taxpayers opt for to resolve disputes arising from double taxation avoidance agreements (DTAAs), have come in for close scrutiny of the Comptroller and Auditor-General of India (CAG). A CAG report ... More TYRES Haryana matches Delhi, pegs VAT rate on automotive tyres at 12.5 pc IN yet another instance where tax rate variations among States is set to be resolved, Haryana has decided to peg the VAT rate on automotive tyres at 12.5 per cent as against the existing 8 per cent. This move would ensure parity between Delhi and ... More REAL ESTATE & CONSTRUCTION CREDAI plans property expo in London, Dubai THE Confederation of Real Estate Developers Association of India (CREDAI) today said that it would organise the annual exhibition, Property 2005, at London and Dubai in association with Maharashtra Chamber of Housing Industry. CREDAI's 2nd ... More INDUSTRY ASSOCIATIONS Assocham welcomes tabling of SEZ Bill NEW DELHI: The Associated Chambers of Commerce and Industry (Assocham) on Monday said that the introduction of the SEZ Bill will give a tremendous boost to the concept of SEZ and help attract huge investments in manufacturing sector, ... More BIO-TECH & GENETICS Oommen Chandy to lay foundation for Kinfra biotech park near Kochi today THE Chief Minister, Mr Oommen Chandy, will lay the foundation stone for the Kinfra Biotechnology Park at nearby Kalamassery tomorrow. Kinfra has already acquired 50 acres at Kalamassery, where it owns 240 acres. Another 50 acres is available ... More SCIENCE & TECHNOLOGY Cartosat beams out 3D pictures THE first 3D pictures from Cartosat-1 have come in, the Indian Space Research Organisation (ISRO) said in a release here. The black and white images are of Punjab (Amritsar) and Gujarat, over which the satellite passed on Sunday. They come ... More NEWSPAPERS & PUBLISHING Mumbai print media entrants unfazed by newsprint cost IN the city's Fort area, brothers Charudutt and Sudanshu Dangat of Dangat Newspaper Agency are gearing up for the arrival of at least three new English newspapers in the months ahead. Unlike the anticipation drummed up through media hoardings and ... More INDUSTRIAL POLICY No special provisions on labour flexibility for SEZs — Govt introduces Bill in Lok Sabha THE Government today introduced in the Lok Sabha the Special Economic Zones Bill, 2005, which provides for a stable and long-term fiscal policy framework with minimum regulatory intervention for such zones. It also provides for a single-window ... More REGULATORY BODIES & RULINGS CAG finds FCI grains' export operation `inept' THE Comptroller and Auditor General of India (CAG) has detected gaping holes in the export of foodgrains by the public sector behemoth Food Corporation of India (FCI) during November 2000-February 2004 as the entire export operation was both ... More INCOME TAX Consolidated recovery target for income-tax arrears mooted THE Chief Commissioners of Income-Tax (CCIT), while discussing a Central Action Plan for recovery of income-tax arrears at a recent meeting chaired by the Revenue Secretary, have suggested that there should be one consolidated target for arrear ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment China's revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back May. 1-May. 7 `I-T sop for salaried class with rider needs relook' `E-governance of judicial system to be fully implemented soon' Chidambaram tells I-T Dept to target big spenders to widen tax base China's rapid economic growth hits Asian nations differently Molasses duty cut to Rs 750/t India Inc disappointed over FBT retention Service tax exemption for farm income insurance premium Drop in shipments to US affects pepper exports; down to below 15,000 t IBM among 29 FDI proposals cleared Edible oil imports surge in April Five commodities drive exports 26 pc in April-February Costlier edible products drive inflation up CAG finds fault with surplus land sale of NTC unit Small savings collections up 19% |
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