INDUSTRY & ECONOMY
CLIMATE & WEATHER
Monsoon shifts gears in Kerala
A`FRESH pulse' saw the south-west monsoon end a distinctive but short lull, shift gears and revive bringing the entire State under its influence during the week ending June 9. But rainfall continued to be concentrated in the north, according ...
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In dire straits
The monsoon brings its share of woes for the fishermen along the Kerala coast. The rains turn the sea too rough for fishing boats like the ones in the picture, idling for about a month now on the Alappuzha coast. The nearly three-month rainy ...
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BUDGET
`Raise I-T limit to Rs 75,000'
THE Tamil Nadu Chamber of Commerce & Industry has called for the implementation of Value Added Tax along with a range of concessions on excise duty and tax rates. It urged the implementation of VAT with an exemption limit of Rs 50 lakh on ...
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ECONOMY
'Intervention in business is my duty' — Sarkozy ruffles industrialists' feathers
THE European Union is passing through a phase of quandary over its quest to boost economic growth, control inflation and above all create employment, as on an average nearly nine per cent of the European workforce is unemployed and lives off ...
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Young MPs share views on `The Vision of India'
THE Associated Chambers of Commerce and Industry (Assocham) on Thursday organised an interaction with young parliamentarians including Mr Sachin Pilot, Mr Milind Deora, Mr Naveen Jindal, Mr Sandeep Dikshit and Mr Anantakumar Hegde, among others. ...
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FOREIGN TRADE
Trade ties with Mexico to be strengthened
INDIA and Mexico have resolved to reinforce bilateral economic cooperation and step up trade and investment with a view to fully realising the potentials for mutual growth on a sustainable basis. The Minister of State for Commerce and Industry, ...
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HEALTH
Bitter pill
The Kerala High Court has come down upon chemists and medical stores that do not have proper storage facilities. The court has asked the State Government to cancel the licences of those shops that do not keep medicines in wooden shelves. When ...
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PETROLEUM
Left reconciled to small hike in petro goods prices
THE Left parties seem more or less reconciled to a marginal hike in consumer prices of petro-products even as the Government is finalising a package to mitigate the impact of the hardening international crude prices at the retail end. An ...
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PHARMACEUTICALS
14 cos in the Ciprofloxacin ring
IT may not be a piece of cake after all for Ranbaxy and Dr Reddy's — the two Indian companies that on Thursday announced getting the US Food and Drug Administration (USFDA) approval to market generic versions of antibiotic Ciprofloxacin in ...
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Ranbaxy, Reddy's get final USFDA approval for Ciprofloxacin
RANBAXY Laboratories Ltd and Dr Reddy's Laboratories Ltd have received final approval from the US Food and Drug Administration (USFDA), for the manufacture of Ciprofloxacin tablets. A statement from Ranbaxy said the company had receive approval ...
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Penicillin makers seek steps against Chinese imports
DOMESTIC penicillin manufacturers have sought the Central Government's help after their operations had been rendered unviable following a big increase in China's manufacturing capacity of the drug and a subsequent crash in its price. At a news ...
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POWER
Kerala Govt to lift load-shedding
THE Kerala Government has decided to lift the prevailing half-an-hour load-shedding in the State from June 15. The decision has been taken in view of the early onset of south-west monsoon and the good rainfall in the catchment areas till date, ...
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AP Govt to review PPAs with four power cos
The Andhra Pradesh Government has called on the managements of four fast-track private power projects in the State to re-negotiate their power purchase agreements (PPAs). The Chief Minister, Dr Y. S. Rajasekhara Reddy, said that as per the ...
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STEEL
Paswan assurance on per capita steel use
THE Minister for Steel, Chemicals and Fertilisers, Mr Ram Vilas Paswan, on Thursday met a delegation from the Indian Steel Alliance (ISA) and has assured them that the Ministry would take steps to ensure that per capita consumption of steel in ...
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WATER
Water levels rise in Kerala
THIRUVANANTHAPURAM: Water levels in the three major reservoirs of the State - Idukki, Idamalayar and Kallada - have registered an improvement when compared with the levels recorded during the last week. According to figures ...
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AUTOMOBILE COMPONENTS
ACMA sees scope for fresh investments of Rs 3,000 cr
FOR the Indian components industry it is good news all over, except for concerns about availability and high prices of steel, and the effects of the free trade agreements (FTAs) that India is signing with various countries. Last year, the ...
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WTO
Cabinet panel chalks out plan on trade issues
THE Cabinet Committee on WTO on Thursday met under the Chairmanship of the Prime Minister, Dr Manmohan Singh, in order to endorse the broad position New Delhi would take in the next month's WTO General Council meeting to draw framework agreements ...
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EVENTS
In Hyderabad today
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