Financial Daily from THE HINDU group of publications
Tuesday, January 03, 2006
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Financial Daily from THE HINDU group of publications Tuesday, January 03, 2006 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER 
Westerly system stagnates, kicks up rain/snow in NorthThe system, with the `low' in tow, is expected to move northeast, leading to a progressive decrease in precipitation activity over the region from Wednesday More NRIS Diaspora Knowledge Network likely to be set up THE Andhra Pradesh Government, in association with the Ministry of Overseas Indian Affairs (MOIA), is likely to set up a Diaspora Knowledge Network. It will be an information technology and communications network and will seek to leverage the ... More
AUTOMOBILES Four-wheeler sales growth slows in 2005 THE double-digit growth seen in four-wheeler sales hit a speed-breaker in 2005 as all the segments, including passenger cars and commercial vehicles, saw growth dip to a single digit. According to year-end figures released by the Society of ... More ECONOMY PM stresses need to bridge urban-rural divide THE Prime Minister, Dr Manmohan Singh, today said that growth alone was not the sufficient condition for alleviating poverty, since the divide between urban and rural India has to be bridged, which calls for large-scale investments in rural India ... More ENVIRONMENT SRF, Subhash Kabini among 17 cos to get UN validation for carbon trading SEVENTEEN projects from India have been registered by the UN panel as clean development mechanism (CDM) projects as on date with projects of Subhash Kabini Power Corporation, SRF and Tamil Nadu-based Raghu Rama Energy Ltd's biomass power projects ... More EXCISE AND CUSTOMS 
Tariff values on vegetable oils reduced — Industry terms it as `small revision'; steepest cut for RBD palmoleinTHE Union Government on Monday cut the tariff values on vegetable oils by $3-24 but the industry termed it as a "small reduction". The revision comes after a gap of over 45 days and follows demand from the edible oil industry to revise the ... More INFRASTRUCTURE THE YEAT THAT WAS 
Construction industry takes bigger stridesTHE deluge in Mumbai and unprecedented rains in Chennai, Bangalore and other growing cities in 2005 exposed the weak and vulnerable urban infrastructure in India. Slow pace of privatisation of airports and other public-private projects too ... More PSU 
Left opposes divestment in profitable PSUsTHE Left parties on Monday reiterated their position that disinvestment of profitable public sector units was not the proper way of raising resources, thereby putting a question mark on the Government's proposed move to sell shares in some ... More PETROLEUM Iran-Pak-India pipeline — India for linking gas prices to crude, alternative fuels WITH the Iran-Pakistan-India (IPI) gas pipeline project moving towards the trilateral level, the issue of pricing, project structure and routing of the pipeline would become the core areas of deliberations. India has indicated that the gas prices ... More POWER `Mega insurance policies is the trend in energy sector' GENERAL insurance companies seem to be swayed by mega policies . Recently, Oriental Insurance negotiated and clinched the deal for providing insurance cover to a private airliner indicating the trend. And Bajaj Allianz General Insurance is quite ... More
`KSEB proposal not feasible' TAXATION VAT compensation claims of Bihar, Sikkim settled THE Finance Ministry has settled the compensation claims made by Bihar and Sikkim for the loss in tax revenues arising from implementation of State-level value-added tax (VAT). While Bihar received compensation of Rs 14 crore, the other State ... More TEXTILES Ban on Chinese textiles boosts Indian export growth THE clampdown on Chinese textile exports by the US and the EU seems to be working in favour of Indian exporters, who raked in big sales in these markets in 2005 in most of the products where Chinese shipments have been curtailed. In case of ... More SSI IDBI, SIDBI to co-finance SMEs IDBI Ltd has signed a memorandum of understanding with Small Industries Development Bank of India (SIDBI) for co-financing of small and medium enterprises (SMEs), service sector and infrastructure projects in industrial clusters in the ... More GEMS & JEWELLERY BIS advisory on hallmarking THIRUVANANTHAPURAM: The Bureau of Indian Standards has issued an advisory to consumers to go for only hallmarked jewellery. This comes close on the heels of an order issued by the Reserve Bank of India to all scheduled commercial banks ... More INDUSTRY ASSOCIATIONS Trade, industry seek clarifications in industrial policy EVEN as the State is getting ready for the new industrial promotion policy, which targets to attract over Rs 15,000-crore worth investments during 2005-10, the trade and industry have come out with a wish-list, including certain clarifications ... More SCIENCE & TECHNOLOGY Science congress to focus on rural issues During the national virtual congress of farmers, the President would interact with farmers based in Andhra Pradesh, Tamil Nadu, Karnataka, Rajasthan, and Maharashtra, through a video conference aimed at getting a direct feedback from them. More FOREIGN DIRECT INVESTMENT TRAI panel proposes 74% FDI in cable TV operations THE Telecom Regulatory Authority of India's Committee on Broadband and Telephony over Cable TV Network has suggested allowing 74 per cent foreign direct investment in cable TV operations to bring it on par with the policy governing cellular and ... More INTERVIEW 
Synergy among oil PSUs through M&A required: Aiyar `I am much less interested in tie-ups abroad. Energy security like charity begins at home.' "I think, in 2006 it could be said that India has definitively positioned itself centre-stage in the global dialogue of the hydrocarbon sector." More EVENTS 
Venerable meetingThe Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, greeting His Holiness the 14th Dalai Lama at the inaugural of the Holy Relics Gallery in the AP State Museum in Hyderabad on Monday. ... More
Revenue adalat
EXPORTS & IMPORTS Slowdown in vegoil import DECEMBER witnessed considerable slowdown in vegetable oil imports for various reasons including pressure of domestic arrivals, price disparity and sluggish offtake. Imported oil arrivals aggregated 2.27 lakh tonne last month, down from 3.27 ... More ALTERNATIVE MEDICINES `Market for ayurveda largely untapped' — Need to evolve scientific discipline from a rich knowledge base AYURVEDA needs immediate and extensive reorientation to gain scientific credibility, as this traditional old system of medicine is poised for an unprecedented expansion in the global scenario. A paper submitted at a recent seminar pointed out ... More
Ayurvedic exports to sport label on heavy metals from today ECONOMIC OFFENCES CBDT extends time for filing quarterly returns on deposits ONE of the two anti-tax evasion measures introduced by the Government through the Union Budget 2005-06 continues to be beset with implementation problems. The Finance Ministry has once again extended the due date for filing of quarterly returns ... More PEOPLE New chamber office-bearers THIRUVANANTHAPURAM: The Chamber of Commerce, Thiruvananthapuram, elected the the office-bearers for 2005 at its held here recently: They are: Mr M.R. Narayanan (President); Mr C. Chandramohanan and Mr S. Gouthaman (Vice-Presidents); Mr ... More
Bibek Debroy is PHDCCI Secretary General
Shantilal Daga to represent ICAI in developing nations committee Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Dynamic Tirupur 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
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