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Monday, August 22, 2005

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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Rainfall tapering off in north, northwest
RAIN activity seems to be tapering off in the north and northwest India where only isolated wet sessions are forecast for the next 4-5 days, according to model projections by the National Centre for Medium Range Weather Forecasting (NCMRWF). ... More

AWARDS & HONOURS


MAHE confers doctorate on Kiran Mazumdar Shaw
THE Manipal Academy of Higher Education (MAHE) has conferred an honorary doctorate on Ms Kiran Mazumdar Shaw, Chairperson and Managing Director of Biocon Ltd, Bangalore, in recognition of her outstanding achievements in biotechnology and ... More

Baliga Memorial Award
KOCHI: Mr K.R. Suresh Nair, Director and Head of NeST Research and Development Centre here, has been presented with the 8th IETE B.V. Baliga Memorial Award in recognition of his contribution in the field of electronics and ... More

COURTS/LEGAL ISSUES


Retd policemen in AP may be deployed to execute arrest warrants
THE Andhra Pradesh State Consumer Disputes Redressal Commission (APSCDRC) is likely to deploy retired police officials for executing arrest warrants. The Commission President, Mr Justice I.V. Narayana, told newspersons on Sunday that they would ... More

ECONOMY


Oil may soon begin to hurt
MARKETS on both sides of the Atlantic cheered as oil fell from its all time high mark of $67.10 last Wednesday. The mid-week slide in the crude to $62.25 came despite a lower build up in crude inventories and a higher draw on gasoline inventories ... More

HEALTH


A call for human touch
CAN doctors insist and wait for money (fees) when death is knocking at the doors of the patient? The obvious answer is recovery of fee can wait - but not death - nor the treatment for trying to save the life. With that depressing Q&A ... More

HOTELS


North Mumbai hotels bounce back after flood
THE hotels of north Mumbai, which faced severe flooding during the July 26 deluge, are not expected to suffer any long-term impact on account of their location. The hotel industry is making a quick recovery after the heavy rain that disrupted ... More

INFRASTRUCTURE


CII urges TN to enact infrastructure growth enabling Act soon
TAMIL Nadu should speed up the process of enacting the Infrastructure Development Enabling Act as envisaged in its industrial policy. This will strengthen the institutional framework to enhance infrastructure in the State, according to the ... More

PETROLEUM


Petroleum Ministry not to intervene in levy of excise on LPG, kerosene
THE Petroleum Ministry has said that it is not going to intervene on the issue of applicability of excise duty on petroleum products, particularly kerosene and LPG. Senior Petroleum Ministry officials said that there is no dispute with the ... More

National gas network set to take off — Petroleum Ministry not to wait for regulatory board Bill
THE nationwide gas network project may finally kick off, with the Petroleum Ministry hoping to firm up its views on the draft Natural Gas Pipeline Policy in a month. There are certain issues in the draft policy that needs to be clearly stated, ... More

PHARMACEUTICALS


`India must focus on affordable drug development'
THE Chairperson and Managing Director of Biocon Industries, Ms Kiran Mazumdar Shaw, has said that India has to look at drug development as an opportunity and go after it with a clearly thought-out strategy. She was speaking at the CXO conclave ... More

TAXATION


FICCI outlines agenda for tax laws review
THE Federation of Indian Chambers of Commerce and Industry has outlined a multi-pronged agenda for reviewing domestic tax laws and treaties in order to make the tax laws more compatible with the rest of world, attract foreign investment and make ... More

TEXTILES


Textiles park at Tirunelveli
MADURAI: The Tamil Nadu Government has proposed to establish an integrated textiles park, fifth in the State, in Tirunelveli. The district administration has identified 67 acres on the Tirunelveli-Cheranmadevi stretch. The park will ... More

Meet on `Internet in marketing'
MADURAI: The textile committee, functioning under the aegis of Ministry of Textiles, in association with Handloom Export Promotion Council, is organising a one-day workshop on `Use of Internet in export marketing' at Hotel Royal Court here ... More

SSI


93 pc of small units on expansion mode: CII survey
NINETY three per cent of the 1,000 small and medium enterprises, surveyed by the Confederation of Indian Industry in its 19th Business Outlook Survey on business prospects, plan to authorise more capital investment compared to the previous year, ... More

RADIO/TV


A `soapy' mish-mash
THE midpoint of last week happened to fall on a particularly auspicious day for Keralites. August 17 was the first day of the Malayalam-month of Chingam, Kerala's harvest season and, traditionally, the harbinger of good fortune and plenitude for ... More

EDUCATION


MAHE tie-up with TIFR
MANGALORE: The Manipal Academy of Higher Education (MAHE) and the Tata Institute of Fundamental Research (TIFR), Mumbai, have signed an agreement on advanced research in basic sciences. A MAHE release said here that a memorandum of ... More

ASCI — A college that moulds administrative mandarins
A neat blend of strengths in infrastructure, geographical location, and conducive environment has enabled ASCI to contribute to policy initiatives of the State and Central Governments. More

MEDICAL & SURGICAL EQUIPMENTS


Medical devices market needs regulation: Board
THE Drug Technical Advisory Board (DTAB) seems to have driven the proverbial last nail into the coffin as far as the unregulated medical devices market in the country is concerned. Following a meeting earlier this month, the DTAB has told the ... More

PRECIOUS METALS


IIGC 2005: A BUSINESS LINE FEATURE
Of festivals & rush for gold
IT is that time of the year when gold purchases in the form of jewellery begin to pick up. India, the world's largest market for gold, has the utmost fascination for gold jewellery, much of it dictated by religious and social compulsions. But ... More

The changing scenario
GOLD and silver (bullion) have a tremendous historical, religious, cultural, social and economic significance in India. Copious references can be found in the country's mythologies, epics and other literature over centuries or even millennia ... More

PAPER, BOARD & NEWSPRINT


PARRY'S PANORAMA 7
Book binding trade opts for automation in Chennai
PAPER traders concentrated in Parry's have attracted others in related areas of trade constituting a wide range of stationeries. Among them are the converters — they convert paper to notebooks. In the hustle and bustle of Parry's in ... More

MINING & QUARRYING


Hong Kong co eyeing Indian mining sector
GENERAL Nice Resources (Hong Kong) Ltd, a Rs 2,500-crore trading company with interests in steel and related areas in Hong Kong, plans to expand its operations in India. According to Mr Jaffe Lau, Executive Director, General Nice Resources, ... More

NEWSPAPERS & PUBLISHING


Marxism insights must guide development policy design: PM
CALLING himself a liberal in social philosophy, the Prime Minister, Dr Manmohan Singh, today said Marxism captures two very important aspects for the progress of a nation. Firstly, it attaches great importance to sustained and rapid ... More

SOCIAL WELFARE


PM inaugurates 2nd phase of land distribution scheme in AP
IF the country manages to sustain the economic growth witnessed last year, it would be able to eradicate poverty within next five-ten years, the Prime Minister, Dr Manmohan Singh, said on Sunday. "India is witness to all round growth, and if ... More

RURAL DEVELOPMENT


Rajiv Internet Villages in AP to offer Government to citizen services
THE Prime Minister, Dr Manmohan Singh, on Sunday launched the delivery of Government to citizen services through the Rajiv Internet Villages, where about 8,618 centres would be operational in 22 districts. Dr Singh's visit coincided with the ... More

LABOUR REFORMS


Two Bills mooted for welfare of unorganised sector workers
THE National Commission for Enterprises in the Unorganised Sector has recommended that the Government bring in two Bills for the welfare of workers in the unorganised sector. The two Bills are the Unorganised Sector Workers Social Security ... More

SECURITY


Preparations on for issuing national identity cards
For security reasons, the Centre plans to allocate national ID cards with a pilot project of three million cards being rolled out in the next few months. Labelled the National Citizen Card, the pilot project has been approved by the Home Ministry ... More

EVENTS


  • Agenda for the week

    EXPORTS & IMPORTS


    More major ports a key requirement to meet export targets
    INDIA'S export earnings in 2004-05 topped $80 billion, notching up a 24 per cent growth over the previous year, while the country's import value touched $105 billion — 34 per cent up from the earlier year. The ... More

    NATURAL CALAMITIES


    Shrimp exporters bid to get US dumping duty revoked — US team to survey tsunami-hit areas
    REPRESENTATIVES from the aquaculture industry, including the Marine Products Export Development Authority, made a pitch to a delegation of the US International Trade Commission on the impact of tsunami on aquaculture industry and shrimp ... More

    TOURISM


    First cruise of the season arrives at Cochin Port
    THE first cruise vessel to call at the Cochin Port during the current tourist season, Pacific Princess, with 611 passengers and a crew of 377, arrived on Sunday morning from Colombo, and left for Mumbai in the evening. A vessel of ... More



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    Top Stories
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    In Focus

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    In Depth

    Gender Justice
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    Looking back
    Aug. 14-Aug. 20
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    Industry hails new norms for fixing sugarcane SMP

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    10 pc divestment in top PSUs can fetch Rs 31,000 cr: Assocham

    Awaiting the oil after-shock

    Govt announces norms for textile parks scheme

    Will King Abdullah keep Saudi economy well-oiled?

    Exporting iron ore is against national interests: Tata Steel MD

    Consumer durables sales decline in H1

    Employment Guarantee Bill: Govt agrees to Left demands

    Economy can absorb petro-price shock

    `Electrical industry posts healthy growth in first quarter'

    Qatar keen to supply 1.25 mt more LNG for short term


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