Financial Daily from THE HINDU group of publications
Sunday, November 13, 2005
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INDUSTRY & ECONOMY

FOREIGN TRADE


S. Africa seeks Indian expertise in IT, ITES
THE Indian business sector can use the South African market as a springboard to reach African markets, according to Mr Radhakrishna Padayachi, Deputy Minister for Communication, Republic of South Africa. Addressing a meeting organised by the ... More

India, US to set up focus groups to boost trade
IN an effort to facilitate increased trade and investment flows between India and the US, the two countries have agreed to establish focus groups on agriculture, tariff and non-tariff barriers, services, investment, innovation and ... More

PHARMACEUTICALS


Govt softens stand on generic drug prices — Control only for branded medicines
GENERIC pharmaceutical companies may have a reason to rejoice with the Government considering the option of keeping these medicines out of price control. In an attempt to promote generics, the Chemicals and Fertilisers Ministry is planning to ... More

STEEL


Amidst volatile price situation ...
Cost control, product mix boost steel cos' numbers

With demand for steel staying buoyant, it was higher volume that helped companies report a substantially improved turnover. More

SSI


BoB cuts interest rates on SME loans
BANK of Baroda on Saturday announced reduction in interest rates on loans to small and medium industries. For fund-based limits of Rs 2 lakh but less than Rs 25 lakh for maturity up to one year, the bank has announced reduction by 200 basis ... More

REAL ESTATE & CONSTRUCTION


REALTY CHECK
`Open' to good influence
Open spaces are therapeutic. Green spaces are as vital as other amenities like hospitals, schools or roads. More

Cuts and the tax cut
M.V. Kali Prasad outlines the tax laws applicable to commissions given and taken in real estate deals. More

What's the master plan?
C.H. Gopinatha Rao scans Chennai's blueprint for urban development More

House as clinic
I am a doctor working from my house, which I have converted into a clinic. Is the house liable for tax under income from house property? Gautam Majumdar, Kolkata No, it is not. Section 22 of the Income-tax Act leaves out ... More

PRECIOUS METALS


Gold prices pushing 7K; is correction due?
INDIAN gold prices moved up to a high of Rs 6,995 per 10 grams, tracking the overnight surge in bullion prices in New York. The standard gold price ended higher by Rs 35 at Rs 6,995 and gold .999 made a similar gain to close Saturday's session ... More

DISINVESTMENT


Will disinvestment soon be back on track?
SHARES of public sector companies were back in the limelight the last two days. And the immediate provocation appears to be the statement of the Finance Minister, Mr P. Chidambaram, that the Government is considering ... More

RURAL DEVELOPMENT


Implement `PURA' in mission mode: Kalam
THE President, Dr A.P.J. Abdul Kalam, has stressed the need to implement Providing Urban Amenities in Rural Areas (PURA) in `mission mode' to drive growth in far-flung areas and said at least 100 PURA complexes need to be launched by the end of ... More

EVENTS


`Food processing, key to economic growth'
Frozen idlis, chilled curry tickle global palate

INDIAN brands may not have made inroads into the international market but Indian foods — frozen idlis to the US, Malaysia and Singapore, with chutney and sambhar; chilled curry in drums — have arrived on the international scene, ... More

Cetex Petro launches food-grade lubricants
Indian legislations also mandate the use of food grade lubricants in units manufacturing food and pharma products. More

CII summit to discuss green tech benefits
THE CII-Sohrabji Godrej Greeen Business Centre (CII-GBC) will hold `Green Business Summit-2005' here on December 8 and 9. The third edition of the summit would provide a platform for various stakeholders to showcase and deliberate on the ... More

Engineering export council gears up for Hannover Fair
THE Chairman of Engineering Export Promotion Council (EEPC), Mr Rakesh Shah, said here on Thursday that "the world has recognised India as the future of engineering activities and Hannover Fair, by accepting India as the Partner Country for 2006, ... More

INCOME TAX


ELSS investment in current fiscal eligible for tax benefits
THE Central Board of Direct Taxes (CBDT) has clarified that investments made on or after April 1, 2005, in equity linked savings scheme (ELSS), which are in accordance with ELSS 1992 or ELSS 1992 as amended in 1998 are also eligible for tax ... More



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Top Stories
`Food processing, key to economic growth'
Frozen idlis, chilled curry tickle global palate


ELSS investment in current fiscal eligible for tax benefits

Amidst volatile price situation ...
Cost control, product mix boost steel cos' numbers


In Focus

Indian Aviation: Sky is the limit
Stock splits
India Inc's bonus bonanza
Dabhol power regenerated
Sethusamudram Canal Project
India Inc's overseas acquisition
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Nov. 6-Nov. 12
Chilli pulls down H1 spices export

Ma Foi to convert quarterly employment survey to half-yearly

`India's trade with SAARC region up 19%'

INSAT-4A fully booked — ISRO sees good demand for DTH services

Tea exports likely to be hit as EU sets new residual limits

Oilmeal exports rise on demand from S-E Asia

Govt notifies hike in FDI ceiling in telecom to 74%

Exporters revert to dollar invoices as euro weakens

FMCG cos up adspends to cash in on resurgent growth

US-China textile pact may not affect India: Exporters

Infrastructure: India, US to create stronger investment climate

Heavy rains forecast as low pressure over Bay stays put

Import of sensitive items up 5.2 pc in Apr-Aug period

`Change seen in livelihood patterns in rural areas'

FDI flow into infrastructure projects
Dispute resolution mechanism must: US


High prices take toll on bullion demand

Dip in crude prices, oil bonds may help oil cos post profits

DDT set to make a comeback as malaria control agent


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