Financial Daily from THE HINDU group of publications
Friday, March 22, 2002
Markets (March 21)
BL 2501122.70 (-7.07)
BSE Sensex3536.26 (-45.06)
S&P CNX Nifty1144.20 (-11.40)
Dollar (Buy/Sell)48.71/48.84
Gold Std (10 gm)4870 (-20)

News
Features
Stocks
Port Info
Archives


Subscription

Group Sites

INDUSTRY & ECONOMY

BUDGET


Entry, turnover taxes go in Karnataka -- Budget undertakes ST rationalisation
THE Karnataka Government has attempted major tax rationalisation and fiscal consolidation measures in the Rs 153-crore deficit Budget for the fiscal year 2002-03. The Chief Minister, Mr S. M. Krishna, presenting the Budget today in the State ... More

A mixed bag, says industry
"The return of the 4 per cent tax on software is ill-timed as the industry is going through a bad patch." More

ECONOMY


Karnataka: GSDP growth rate likely to be 5 pc in 2001-02, says Survey
KARNATAKA showed an economic growth rate of 7 per cent of the GSDP during 2000-01, but this may fall to a rate of around 5 per cent for 2001-02. However, it was the fastest growing State at 8 per cent compared to 5.5 per cent for 14 other ... More

Net OECD aid down 0.4% in 2000
THE net official development assistance (ODA), disbursed by the rich countries' club of the Organisation for Economic Cooperation & Development (OECD), in 2000 was $53.7 billion, which in real terms remained unchanged from the previous year's ... More

Bengal plans mining policy to attract investments
EMBOLDENED by its ranking ahead of some of the country's industrialised States, in respect of commissioned projects, West Bengal is now formulating a mining policy to further boost investments. Top industry department sources said that the ... More

PETROLEUM


IOC hopeful of fresh deal with Reliance soon
INDIAN Oil Corporation (IOC) hopes to formalise a fresh marketing agreement with Reliance Petroleum Ltd by the end of this month, Mr M.A. Pathan, Chairman, IOC, said on Thursday. "The transition agreement (for marketing RPL products) will end ... More

TEXTILES


Textile export target at $15 b
THE Ministry of Textiles has tentatively fixed the textile export target for 2002-03, the inaugural year of the Tenth Plan, in the range of $14.5-15 billion. At a meeting held under the Chairmanship of the Union Textile Minister, Mr Kashiram ... More

PERSONAL PRODUCTS


ECR initiative bonds arch rivals
Arch rivals for over a hundred years, Unilever and P&G as well as a host of other fast-moving consumer goods (FMCG) companies have come together under the Efficient Consumer Response (ECR) initiative to co-operate on various fronts. Speaking at ... More

EDUCATION


TNPCEE 2002: Online issue of exam forms, no big relief
THE initial delight at getting online the application forms and hall tickets for the ensuing Tamil Nadu Professional Courses Entrance Examinations (TNPCEE) 2002, is changing to consternation. Parents now dread the timeless wait to receive the ... More

INDUSTRY ASSOCIATIONS


  • FAI (North) Chairman

    GRANITE & MARBLE


    Stone polishing units up against the wall
    The demand for these natural floor tiles is on the decline since 1990. Consequently, about 250 polishing units in the area are struggling to survive. Of these, 15 units are stated have become sick while an additional 100 units have accumulated ... More

    CINEMA


    KSFDC reconstituted
    THIRUVANANTHAPURAM: Kerala State Film Development Corporation has been reconstituted with Mr P.V. Gangadharan, noted film producer, as Chairman. Other board members are the Managing Director of KSFDC, Director of Doordarshan Kendra, Director of ... More

    DISINVESTMENT


    Core group on HZL meeting today
    THE Union Government on Thursday said that it has received good bids for selling 26 per cent of its stake in Hindustan Zinc Ltd (HZL) to a strategic buyer. "We have received fantastic prices from the bidders for selling 26 per cent of the ... More

    ITDC employees protest march
    THIRUVANANTHAPURAM: Hundreds of local residents and employees of India Tourism Development Corporation (ITDC) took part in a protest march by Janakeeya Pratirodha Samithi against privatisation of ITDC Kovalam Beach Resort. Inaugurating the ... More

    SMALL SAVINGS


    Cap on investment in Govt relief bonds off
    THE Finance Minister, Mr Yashwant Sinha, offered some relief to the retiring employees in the private and public sector by announcing the lifting of the Rs 2 lakh investment ceiling in the Government of India Relief Bonds. This announcement was ... More

    FOREIGN DIRECT INVESTMENT


    Toyota, Suzuki among 57 FDI plans cleared
    TOYOTA Motor Corporation's proposal to increase its stake in Toyota Kirloskar Motor Pvt Ltd from the present 88.88 per cent to 99 per cent with fresh foreign direct investment worth Rs 106.5 crore and Suzuki Motor Corporation's proposal to set up ... More

    IPR


    APTDC, CII to set up IRPs cell
    HYDERABAD: The Andhra Pradesh Technology Development and Promotion Centre (APTDC), with the support of the State Government and Confederation of Indian Industry (CII), is setting up an integrated Intellectual Property Rights (IPRs) ... More

    RURAL DEVELOPMENT


    Need to focus on rural areas to push growth stressed
    IF India wants to successfully tackle the two major problems of poverty and unemployment, it should work towards a sustainable GDP growth rate of 8-9 per cent over a period of 10-15 years, and this growth should be domestic ... More

    EVENTS


    `Transparency in regulations must to attract investment'
    INDIA should learn from the countries of South-East Asia in evolving a regulatory framework that is transparent and hassle-free and which, in the long run, will encourage investment in to the country, Advisor to the Finance Minister, Dr Rakesh ... More

    Policy measures soon to boost SEZs, says Maran
    THE Government plans to come up with a host of policy initiatives to enable the special economic zones (SEZs) in the country become engines of growth of the economy, exports as well as employment. Inaugurating an international convention on ... More

  • Hyderabad Engagements
  • Kochi Engagements
  • Chennai Engagements
  • Bangalore Engagements
  • Thiruvananthapuram Engagements

    EXPORTS & IMPORTS


    VEPZ exports touch Rs 218 cr
    VISAKHAPATNAM: Exports from the Vizag Export Processing Zone (VEPZ) have touched the Rs 218-crore mark so far in the current fiscal. The zone currently has 11 units in operation, a majority of them being software development ... More
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Top Stories
    Gold exchange key to boost market: Reddy


    Defence levy: Tax or fine?

    Restraint against joining proceedings in US -- Dabhol lenders get HC reprieve

    She draws strength from Vivekananda

    Pvt banks better PSBs in cost control

    The CeBIT innovations: Products of the future

    BSE deliberates on free-float index

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    Mar. 10-Mar. 16
    Combined profit of PSUs up 9.22 pc in 2000-01 -- ONGC tops list with Rs 5,229 crore

    Dividend tax stays: Sinha

    Fiscal responsibility Bill -- Deficit limits to stay, but with changes

    IOC monopoly over import ends -- BPCL makes first spot crude buy

    The Budget and its fineprint

    Industrial drag persists in Jan

    ONGC rider on gas supply puts IPCL sale in a limbo

    Interest cut on I-T refunds

    Feb car sales take highway

    House panel slams Govt on petrol cess redirection

    Govt rethink on powers to hike excise rates

    Oil refineries face hike in insurance premiums

    Third World to post modest growth: IBRD

    Govt retirement schemes for pvt sector employees?

    Paper trade getting out of the woods

    No going back on reforms, says Antony

    Scrutiny norms for export cargo eased

    Govt reviews crude oil price rise

    Tax base wider; but little change in mop-up: CAG


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

    Copyright © 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line