Financial Daily from THE HINDU group of publications
Wednesday, December 14, 2005
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Financial Daily from THE HINDU group of publications Wednesday, December 14, 2005 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER 
`Easterly wave' sets up base over Andaman SeaAN `easterly wave' has anchored itself as part of a trough of low pressure over the Andaman Sea and is expected to keep moving along a fixed track to the west to impact Tamil Nadu and Kerala by Friday/Saturday. In fact, there are the two ... More NON-CONVENTIONAL ENERGY Ethanol demand to sustain sugar price levels GLOBAL raw sugar prices, which have touched a 10-year high, are expected to remain firm on account of higher demand for ethanol and lower stocks, a top official of a sugar company said. Brazil, one of the leading sugar producing countries, is ... More SOCIAL SECURITY EPFO to switch to double entry accounting system THE long-standing confusion over the Employees Provident Fund Organisation's (EPFO) financial situation may finally be over with the Government deciding to switch to the double-entry accounting system instead of the currently practiced single ... More ECONOMY CMIE increases GDP growth forecast to 7.6% THE Centre for Monitoring Indian Economy (CMIE) has revised upwards its forecast for real GDP growth for 2005-06 to 7.6 per cent, from its earlier expectation of 6.8 per cent. This includes an upward revision in growth projected for the ... More
ENVIRONMENT Protests against sending French ship to Alang — Allowing the highly hazardous Clemenceau will 'harm workers' ACTIVISTS of various groups today urged the French authorities not to scrap the decommissioned French warship Clemenceau in shipbreaking yards in India. Demanding stricter regime for the shipbreaking industry worldwide, in general, and India ... More FOREIGN TRADE France keen on tie-up ventures with Bengal Some of the ventures could be in the emerging areas of fruits, vegetables and dairy products. More HEALTH No heartache on `overuse' of stents, say doctors A decision in the best interest of the patient can be taken if the cardio-surgeon and the cardiologist could take a joint decision on the procedure to be used. More INFRASTRUCTURE AP Govt resolves land row over Kakinada SEZ THE controversy over the acquisition of land for the port-based refinery and special economic zone at Kakinada has been resolved, with the State Government deciding to locate the oil refinery in the Thondangi mandal and minimise land acquisition ... More PETROLEUM Foreign flag vessels may bring down LNG import costs EVEN as the shipping industry is upset over the Government's recent decision to allow foreign flag vessels to import LNG to India, the Ministry of Petroleum and Natural Gas expects this move to significantly reduce LNG transportation costs, which ... More
Petroleum products: Govt readying itself for a price hike? POWER India may take part in clean coal tech power project INDIA is likely to participate in the $1-billion US-sponsored FutureGen Project for emission-free coal-based power plant. China has joined the project and India's participation would ensure that the three largest coal-based economies join hand ... More TAXATION Enforcement directorate for VAT in AP EIGHT months after entering the VAT (Value Added Tax) regime, the Andhra Pradesh Government is contemplating to set up an enforcement directorate to look into VAT-related issues. According to Mr Konathala Ramakrishna, Minister for Commercial ... More TEXTILES CTC phase-out: Training programme in Tirupur A THREE-DAY training programme on the use of alternative substances to replace CTC (carbon tetrachloride) as cleaning agent in the textile industry will begin on Wednesday in Tirupur. The training package, designed for shop-floor managers of ... More RADIO/TV Prasar Bharati to telecast Commonwealth Games NEW DELHI: National Broadcaster, Prasar Bharati has bagged telecast rights to the forthcoming Commonwealth Games Broadcasting to be held in Melbourne from March 15-26, 2006. It will broadcast sporting events live on Doordarshan's ... More EDUCATION BIT ties up with US varsity BANNARI Amman Institute of Technology (BIT) at Sathyamangalam near Erode and the North Carolina Agriculture and Technology State University (NCATSU) have joined hands to expand the levels of activity for the students, faculty and the ... More CARS 
Passenger car sales down 2.31 pc in NovAFTER the festive season high, domestic passenger car sales in November came down by 2.31 per cent to 68,840 units from 70,468 units in the same month a year ago. In fact, eight out of 11 carmakers reported a drop in volume during the month, ... More BEVERAGES Soft drinks industry seeks removal of special excise duty IN a bid to improve margins and operate profitably in a segment that is seasonal in nature, the soft drinks industry has asked for abolition of the Special Excise Duty (SED) of 8 per cent on aerated soft drinks in the forthcoming budget. The ... More MANPOWER Employers bullish about hiring: Survey A MANPOWER India survey suggests sustained positive hiring intentions by employers in the country during the first quarter of 2006. According to the Manpower Employment Outlook Survey released here today, hiring intentions of Indian employers ... More SCIENCE & TECHNOLOGY GSI gold resources in AP HYDERABAD: The Geological Survey of India (GSI) has established gold resources in Andhra Pradesh. Over the past decade it has established 0.70 million tonnes of ore with 4.65 grams/tonne of gold in Dona Temple block in Anantapur ... More DISINVESTMENT Govt identifies more PSUs for divestment THE Government is set to carry forward the divestment of profit making non-navratna public sector undertakings (PSU) with the Finance Ministry identifying six such entities to off load a minority stake of between 5-10 per cent. The PSU ... More FOREIGN DIRECT INVESTMENT VW team holds talks with TN Govt A TEAM from Volkswagen, the German car manufacturer, on Tuesday held discussions with the Tamil Nadu Government officials, as part of its on-going process of finding a location to set up a manufacturing plant. According to reliable sources, ... More WTO 
Capital protestActivists of the Bharatiya Mazdoor Sangh and Bharatiya Kisan Sangh demonstrating in the Capital on Tuesday against the ministerial meeting of WTO being held in Hong ... More EVENTS AP Public Relations meet HYDERABAD: The Hyderabad Chapter of the Public Relations Society of India (PRSI) plans to organise the 9th AP Public Relations conference during February 11-12, 2006. According to a press release, all India level competitions would be ... More
Kolkata trade fair from Dec 21 INCOME TAX `Bangalore region is third largest centre for I-T collections' THE Bangalore region has emerged as the third largest centre for income tax collections after Mumbai and Delhi. Briefing reporters here on the performance of the region, the Chief Commissioner of Income-Tax, Bangalore, Mr J.K. Rao, said that ... More
I-T Dept expects to boost online returns soon
Clarification on ELSS NATURAL CALAMITIES 570 flood-hit cars in Mumbai await repairs — Insurance surveyors suggest exchange offer FIVE-and-a half months since floods struck Mumbai and there are still some 570 cars yet to get repaired. The tally of damaged cars awaiting attention is 300 Honda, 173 Mercedes and 100 Toyota vehicles. Mr Mahendra Dhruva, National President, ... More ECONOMIC OFFENCES Duryodhan at large THE falling of 11 MPs into the trap laid by the web site CobraPost and some scribes posing as representatives of small manufacturers, and visuals of their accepting with apparent eagerness amounts varying between Rs 15,000 and Rs 1,10,000, shown ... More
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Top Stories In Focus Trends in IT - 2005 FDI in retail sector Indian Aviation: Sky is the limit India Inc's bonus bonanza India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Dec. 4-Dec. 10 Bill to amend CST Act to be introduced For Railways, steel may indeed be worth its weight `Growth story for paints is here'— Booming economy drives domestic market to the fore Crop cover: Satellite images to assess claim payouts Tax experts want wider scope for quoting PAN to check evasion Panel for exempting contribution to superannuation funds from FBT `Releasing ads thru DAVP not in PSUs' interest' Cotton exports likely to top 20 lakh bales EEPC facilitates $1-m export orders from SE Asian markets e-encyclopaedia on traditional knowledge getting ready China's appetite for commodities far from satiated German textile machinery industry bets big on India 30 pc chilli output dip may hit oleoresin sector Niche foreign retailers have big plans for India Shrimp exporters turn innovative; revamp biz India could become a hub for vaccine production: PM China's auto sector set to enter critical phase Centre tries hi-tech initiative to monitor power stations Advanced degree H-1B visas likely to dry up soon BMW looking to source components from India — Signs pact with TN for CKD plant 15 lakh t soyameal contracted for exports Beer: No more a seasonal drink? PM urges unions to respond to changing times |
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