![]() Financial Daily from THE HINDU group of publications Thursday, September 01, 2005 |
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INDUSTRY & ECONOMY ACCIDENTS MHADA to clear transit camps of trespassers RESIDENTS in 788 apartments in Dharavi, Sion and Kurla transits camps, which have been forcibly occupied, would be evicted immediately, the Maharashtra Housing and Area Development Authority (MHADA) officials informed newspersons on Wednesday. ... More CLIMATE & WEATHER Cyclonic air circulation brings rain to South TUESDAY'S upper air cyclonic circulation over southeast Tamil Nadu and adjoining southwest Bay of Bengal has churned its way overnight towards west-central Bay off the south coastal Andhra Pradesh coast bringing moderate rain to the peninsula. ... More
NON-CONVENTIONAL ENERGY Wind power body to set up panel to study infrastructure problems THE Indian Wind Power Association, a representative body of those who have put up wind turbines, has decided to set up a committee to study infrastructure problems affecting the sector, especially in Tamil Nadu. The committee, to be headed by ... More SOCIAL SECURITY LIC offers Rs 6,000-cr cover to Infosys staff LIFE Insurance Corporation of India (LIC) said that it has offered the largest group term life insurance cover to employees of Infosys Technologies Ltd, for a total sum assured close to Rs 6,000 crore. The policy offers graded insurance cover ... More
Assocham suggests measures for effective EPFO functioning ANTI-DUMPING `AP shrimp farmers badly hit by US anti-dumping duty' THE State Government wants the US to revoke the anti-dumping duty on shrimp imports into that county and is hopeful of a positive outcome, especially after the recent visit of the US team to Nellore to assess the tsunami damage to the fisheries ... More COURTS/LEGAL ISSUES Conflict resolution: NY-based body keen on cooperation THE New York-based International Institute for Conflict Prevention & Resolution (CPR), an international non-profit alliance of some 500 global corporations, leading law firms and academics at the forefront of new alternatives to litigation, is .. More ECONOMY
India to post 7 pc growth despite oil worries: ADB chiefDESPITE global worries on the oil price front, the Indian economy is set to come out winners with a sustained 7 per cent growth over the next couple of years, Mr Haruhiko Kuroda, President, Asian Development Bank (ADB), said. "We are positive ... More
High-cost of small savings fund loans: States feeling the pinch
Council prepares draft plan for manufacturing sector ENVIRONMENT `Secret' environ draft policy made public by NGO A COPY of the draft National Environment Policy (NEP), which has been marked `secret' and submitted to the Union Cabinet for clearance by the Union Ministry of Environment and Forests, (MoEF) has been obtained by EC-Watch, a collective engaged in ... More EXCISE AND CUSTOMS SBI to collect Central excise, service tax in Mangalore THE Union Government has authorised State Bank of India to collect central excise and service tax in Mangalore Commissionerate of Central Excise. Addressing newspersons here on Wednesday, Mr K. Venkatachalapathy, Assistant General Manager, ... More FOREIGN TRADE Kamal Nath to hold bilateral talks with Italy THE Union Commerce and Industry Minister, Mr Kamal Nath, is to visit Italy during September 1-4 for bilateral discussions with his Italian counterpart, Mr Claudio Scajola, who is the Minister for Productive Activities. An official release said ... More HEALTH Insurers competing for State health cover schemes The State Government insurance schemes involve large number of policies worth crores of rupees. More INFRASTRUCTURE Ernst & Young combine appointed advisor to Iran-India pipeline project AFTER a warding off stiff competition from other consultants, the Ernst & Young (E&Y) India and E&Y UK combine is to be appointed as the financial advisor for the Iran-Pakistan-India pipeline project. A decision to this effect was taken More
GAIL may participate in Iran-Pak-India pipeline
Goa to go in for product-specific SEZs: Minister PETROLEUM Petrol, diesel prices go up 30 pc in UAE THE skyrocketing oil prices has had its consequence in the UAE, a major oil producer, with prices of petrol and diesel set to go up by 30 per cent from September 1. Petroleum distribution companies throughout the country have decided to hike ... More
To soften impact of global crude prices `Oil marketing cos should pitch for better discounts from pvt refiners'
Hurricane effect: US may face energy crisis POWER Delhi Govt okays rollback of power tariff hike THE Delhi Cabinet on Wednesday approved a rollback of the 10 per cent power tariff hike following unprecedented protest by citizens' groups against the move. This is the first time that a tariff hike allowed to private distribution companies ... More TAXATION
`States with VAT in place may earn higher revenues'TAX revenues of value-added tax (VAT) implementing States are likely to register a robust growth in the second quarter of the current fiscal despite the disruptions caused by the rains that lashed Mumbai in the last week of July. "We expect ... More SSI Crisil launches SME rating service `The rating could help SMEs avail themselves of credit at better rates.' More BREWERIES Not just wine, but beer too would flow freely! WINE-MAKERS may be popping the bubbly as the Centre prepares to loosen its grip on wine. But the "preferential treatment" given to wine could be extended to beer too. As Maharashtra sits on the fence on whether `wine should flow as freely as ... More RADIO/TV A brand news challenge News channels are investing in brand building as they see in it a way to cut through the clutter. But is that enough? More EDUCATION National Insurance offers cover for educational loans THE National Insurance Company (NIC) has submitted a proposal to the Kerala Government for providing insurance cover to those students who avail themselves of educational loans. This comes at a time when sanctioning and repayment of ... More
Hegde institute's new campus GEMS & JEWELLERY Jewellery design and tech institute set up in Delhi THE Confederation of Indian Industry's Delhi State Council and the Delhi State Industrial Development Corporation (DSIDC) have joined hands to set up a National Institute for Jewellery Design and Technology in Delhi. At a session on `Delhi: An ... More PRECIOUS METALS Gold faces downside risk on long liquidation GOLD has got stuck in the recent range of $433-438 an ounce, and continues to take its cue from euro movements. There seems to be a lack of catalyst to drive prices in either direction, while investors have turned cautious. Record speculative ... More INDUSTRY ASSOCIATIONS Vanaspati cos hit by duty structure: PHD Chamber THE growth of the vanaspati sector has been affected by an ``inverted'' duty structure coupled with the increasing import of the commodity from Malaysia, posing a potential threat to its very survival in the country, the PHD Chamber of Commerce ... More GENDER Big, real and beautiful Bigger women are finally having their day in advertising in the US. Or are they? More
Women lawyers back Nalini Chidambaram FOREIGN DIRECT INVESTMENT ABF plans 3 projects in Bengal ABF International, a business promotional arm of Henry Ford's great grandson, Mr Alfred Ford, has plans to make massive investments in India promoting and developing tourism, adventure sports, village industries' park and cosmology. While its ... More EVENTS Cardiological society meet in Mangalore MANGALORE: The third annual conference of Cardiological Society of India and the Karnataka Association of Cardiothoracic and Vascular Surgeons will be held here from September 2 to 4. A press release by Dr B.V. Manjunath, Organising ... More INCOME TAX FICCI urges rethink on some aspects of FBT WHILE welcoming the Finance Ministry's explanatory notes on the Fringe Benefit Tax (FBT), the Federation of Indian Chambers of Commerce and Industry (FICCI) also expressed concern over some issues, includingthe move to impose FBT on dealer ... More
EXPORTS & IMPORTS Cashew exports may gain on dip in global output Delay in Indonesian, Brazil crops seen pushing up demand for Indian produce THE delayed cashew crop in Brazil and Indonesia is likely to push up demand for Indian cashew kernel this year in the world market. This could result in cashew exports topping last fiscal's level. "The delay would result in decline in ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Aug. 21-Aug. 27 Marxism insights must guide development policy design: PM Domestic copper prices rise to record high High crude prices derail IndianOil Petronas' plan to set up LPG terminal LS passes employment guarantee Bill Scheme to be implemented in 200 districts in phase-I Garlic exports gallop on access to Pak, Bangla 7-8% growth rate must to sustain job scheme: PM India Inc upbeat, says FICCI survey `Brand-repair' a major issue for drug cos: KPMG NAC draft Bill urges cess for unorganised sector Food Safety & Standards Bill tabled in Lok Sabha PM confident of consensus on FDI in retail, labour laws Drop in minerals prices pulls down inflation Foreign pilots may be hired to fly Air India's B777s Weather alarm for northwest; overall deficit 3 pc Automotive tyre exports up 6.3 pc Advisory panel to suggest integration of oil PSUs: Aiyar |
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