Business Daily from THE HINDU group of publications
Saturday, September 16, 2006
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INDUSTRY & ECONOMY

EMPLOYMENT
Precious poultry
EMPLOYMENT SOURCE: A worker unloading egg trays from a truck at Kochi. The country ranks among the top six egg-producing countries in the world, with an estimated 48 billion eggs being produced every year. The value of output from the poultry ... More

CLIMATE & WEATHER
El Nino will not affect monsoons, say meteorologists
May even prove beneficial for the country More

Weather-linked cover soon
In a bid to protect coffee growers from the vagaries of blossom showers and monsoons, the Government proposes to come out with a weather-linked insurance scheme soon, said Mr G.V. Krishna Rau, Chairman, Coffee Board, on Friday. Addressing the ... More

FOREIGN TRADE
No relook at duty cut to 5 pc under Target: DGFT
`100 pc WTO incompatible, highly prone to misuse' More

Commerce Ministry defends trade data methodology
White paper on computation on public domain for comments More

`Indo-GCC trade can touch $25 b'
The two-way trade between India and the Gulf Cooperation Council (GCC) will have the potential of touching a level of $25 billion by 2010, which at present stands at around $16 billion, according to a White Paper on `Indo-GCC ... More

PETROLEUM
NELP-VI attracts 165 bids from global, domestic majors
Ministry expects $8-10 b investment in all phases; $2 b in first phase More

Decline in energy prices pegs inflation lower
Wholesale price index of all commodities up at 206 points More

POWER
Rains ease up power crisis
Power cuts to be reduced to two hours a day in some parts More

NTPC scouts for sites for nuclear project
To buy 2.5 mmscmd gas from spot markets More

Dabhol project restart slated for October
Power cost to jump to Rs 6-6.25 per unit More

Ministry to seek fresh Cabinet nod for PFC IPO
The Power Ministry is in the process of seeking Cabinet approval afresh for the initial public offer of Power Finance Corporation (PFC), the Power Secretary, Mr R.V. Shahi, said on Friday. "We will go to the Cabinet soon with a proposal for ... More

RUBBER
Tyre companies may roll back prices
Rubber prices fall to around Rs 82 a kg More

TAXATION
`Trade facilitation' may not reduce litigation
Penalty under the scheme shall be 25 pc of the duty, says ED of PwC More

TEXTILES
Gujarat garment body seeks more time to set up units
Govt warns cancellation of land allotment after Nov More

EDUCATION
Andhra varsity offers new MBA
Retail management courses have assumed great importance as the retail sector is poised for a giant leap in the near future, according to Mr Iain Coleman, Visakhapatnam centre manager, HSBC. He was speaking at a function here on ... More

Training pact
MR ROOPEN ROY (left), Managing Director, PricewaterhouseCoopers Pvt Ltd (PwC), and Ms Kathy Grimshaw, Director of International Development, CIMA, at a press conference in Mumbai on Friday. The Chartered Institute of Management Accountants ... More

REAL ESTATE & CONSTRUCTION
SRK Group's apartments project
The Pune-based SRK Group has announced the launch of the Rs 200-crore luxurious and eco-friendly apartments project - Sky Wings Luxury apartments - at the suburban Kakkanad near the proposed Smart City. The project will ... More

INDUSTRY ASSOCIATIONS
Chambers of service
At present, the service tax law does not consider other laws to grant/negate an exemption. More

SCIENCE & TECHNOLOGY
Kerala to strengthen ties with ISRO
Govt to expand activities under `Edusat' More

RURAL DEVELOPMENT
AP to help rural youth
To prepare rural youth for employment in IT companies, the State Government is planning to take up a new initiative. In Ranga Reddy district, where quite a number of IT and related companies are coming up, the Government is ... More

EVENTS
IMF to work for `a broader reform of quotas and voices'
The International Monetary Fund (IMF) Managing Director, Mr Rodrigo de Rato, said in Singapore on Friday that "there is a consensus that we need a new formula ... to measure to what extent countries are rightly represented or not at the ... More

`Energy saving crucial for Indian cos'
Energy saving is crucial for Indian companies to cut costs and compete in the international market, as it is a significant component of the cost of production, according to Mr M.V. Anantha Krishna, the Executive Director of M.K. Raju Consultants ... More

Blood donation camp
Students of the Badruka Institute of Foreign Trade (BIFT) organised a blood donation camp in association with the Lions Club of Hyderabad. As part of the BIFT's awareness of corporate social responsibility, over 100 students ... More

INCOME TAX
The residence factor and tax incidence
Employees sent abroad on deputation can take advantage of the liberal tax provisions concerning non-residents if they stay for more than 182 days in the accounting year outside India. More






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Top Stories
Silicon Valley VCs on hunt for start-ups

`Next 3-6 months crucial for Asian markets'

Forex reserves fall by over $1 b

El Nino will not affect monsoons, say meteorologists

The residence factor and tax incidence

No relook at duty cut to 5 pc under Target: DGFT

Maruti loses case on domain name

`Drastic fall unlikely in natural rubber prices'

Looking back
Sep. 3-Sep. 9
`US slowdown to have minimal impact'

`Potential in real estate enormous'

Knowledge and the Asian challenge

Export price outlook bright for Indian cotton

ONGC, Shell yet to agree on bid strategy for NELP-VI

Power Ministry rejects Rs 5,400-cr incentive claims by States

Tax sops for pharma R&D may be extended

Cairn says it has complied with DGH norms on gas reserves

Anti-money laundering norms hit rural insurance

Jatropha seed prices rally on entry of new players

Tax revenues of VAT implementing States up 26 pc in April-July

CSE rejects Coke's invitation to discuss pesticides issue

New norms to set up export warehouses

GSLV failure due to faulty regulator: Report

Auto industry seeks tax holiday, export sops

Cairn working on apt mode to disclose reserves

Ethanol blended petrol from Nov. 1

`Govt intends to keep inflation under 5 pc'



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