Financial Daily from THE HINDU group of publications
Tuesday, July 01, 2003
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Financial Daily from THE HINDU group of publications Tuesday, July 01, 2003 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER DK receives record rainfall MANGALORE: With the southwest monsoon gaining momentum in coastal Karnataka, the Dakshina Kannada district received 5,471.80 mm of rainfall till June 28 compared to 3,318.20 mm last year. According to statistics available here, ... More LOTTERY Online gamble FINALLY, after watching other cash-starved States lure corporates with deep pockets, technology and good distribution skills to come and set up shop to sell dreams, Kerala falls in line too. The Government will allow private players to run online ... More COURTS/LEGAL ISSUES Non-submission of certificate from PCB — Madras HC rules acceptance of tender can't be invalid SUBMISSION of tenders for bidding in auction for hazardous goods without production of a `no objection' certificate from the State Pollution Control Board could not be held to be invalid, the Madras High Court has said. As the Hazardous Wastes ... More ECONOMY BoP surplus lower by $1.88 b in Jan-March INDIA's balance of payments surplus was lower by $1.88 billion in the January - March 2003 quarter at $ 4.31 billion, as compared to a surplus of $6.19 billion in the same period the previous year, according to the data released by Reserve Bank ... More
S&P keeps India below investment grade
Fiscal deficit shoots up on lower tax collections
ENVIRONMENT `Ecology under threat from tourism plans' THE State Government, in its bid to promote tourism in Visakhapatnam district in a hurry, is causing irreversible damage to the eco system, especially the beaches, and its policies are posing a grave threat to the olive ridley turtles, Mr Pradeep ... More
Waste treatment project in Howrah on BOO basis
EPTRI bid to create need for evaluation of natural resources
INFRASTRUCTURE Deadlock over Vizag SEZ land acquisition THE hitch in land acquisition for setting up a special economic zone in the Atchyuthapuram and Rambilli mandals of Visakhapatnam district could not be cleared by the high-powered negotiations committee which held prolonged discussions with ... More POWER 
Power Grid Corpn ties up with Tata Power for transmission``This project was the beginning of public-private participation in power transmission which should be a trend-setter for future investments,'' Mr R.P. Singh said. More
WATER Privatisation of Vizag water diversion scheme opposed THE district unit of the CPM has opposed the decision of the State Government to privatise the Godavari waters diversion scheme and hand it over to L&T, as it would ``enrich the company at the expense of the steel plant and other industries and ... More RADIO/TV 
Govt looks at options for smoother CAS roll-overEVEN as there are just 15 days left for the implementation of the Conditional Access System (CAS), it is still very unclear whether the consumer will have to buy a set-top box (STB) to watch his favourite pay channels. While emphasising that ... More EDUCATION Ministry mulls marine institute in Kanyakumari THE Ministry of Environment and Forests proposes to establish a `National Institute of Coastal and Marine Diversity' at Kanyakumari, at a cost of Rs 20 crore. Announcing this at a press conference here, the Union Minister for Environment and ... More
REAL ESTATE & CONSTRUCTION ITES raises hopes of real estate biz: Study WITH IT-enabled services (ITES) making waves, the real estate sector is agog with hopes of making further inroads into the city, which has witnessed a marked increase in the built-to-suit type of infrastructure. However, rentals and economic ... More
INDUSTRY ASSOCIATIONS CII team to press for changes in UK work permit rules THE Confederation of Indian Industry (CII) is taking a delegation of Chief Executive Officers (CEOs) to the UK, which will take up the need to change the work permit rules in the UK. The 16-member mission is being led by Mr Anand Mahindra, ... More
DISINVESTMENT New Secy for disinvestment IN a major reshuffle of Secretaries, the Government today appointed Mr Dhirendra Singh, as the new Disinvestment Secretary in place of Mr S.S. Meenakshi Sundaram. Mr Singh was Special Secretary (Procurement), Ministry of Defence. Mr Meenakshi ... More FOREIGN DIRECT INVESTMENT India to adopt global norms for compiling FDI inflows WITH the Union Government shedding its "conservative approach" in compilation, the data on foreign direct investment (FDI) into India will, henceforth, look far rosier than ever before. In its efforts to bring the FDI data reporting system ... More RURAL DEVELOPMENT EVENTS Chennai global trade fair slated for December INDIA Trade Promotion Organisation (ITPO) and Tamil Nadu Trade Promotion Organisation (TNTPO) will conduct the Chennai International Trade Fair 2003, scheduled to begin on December 27 and go on till January 4, 2004 The fair will be held at the ... More
`Setting task objectives is vital in industries'
INCOME TAX 
UTI arm deployed for PAN cardsTHE Income-Tax Department on Monday announced that it would outsource, effective July 1, a part of the business process of Permanent Account Numbers (PAN) to UTI Investors Services Ltd (UTIISL), which is a Government company under the Companies ... More EXPORTS & IMPORTS EU to levy higher duty for basmati import IT is a market that annually buys roughly 1.6 lakh tonnes (lt) of basmati rice from the country, valued at almost 100 million euros (Rs 525-530 crore). But with the European Union (EU) now deciding to virtually scrap the existing so-called ... More TOURISM AP tourism Dept to add colour to Pushkaram THE upcoming Godavari Pushkaralu is expected to be a shot in the arm for the State Government, which is trying to cash in on the huge potential in temple tourism, with over 3.5 crore pilgrims expected to take "the holy dip in 200 ghats along the ... More
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