INDUSTRY & ECONOMY
NRIS
SBH lowers NRE deposit rates
State Bank of Hyderabad (SBH) has revised the interest rates under Non-Resident (External) term deposits with effect from Wednesday. According to a release, interest on deposits for a period between one year and less than two ...
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SOCIAL SECURITY
TUs' move on rate issue
Peeved at the way the interest rate on Employees Provident Fund was reduced for fiscal 2005-06, the trade union representatives in the Central Board of Trustees of the Employees Provident Fund Organisation may not authorise the Labour Minister ...
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`Retiring employees need not return extra PF interest'
Delayed notification on amendment of rates
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CEMENT
Cement likely to remain in short supply in AP
Huge orders from government continue to fuel demand
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ECONOMY
`The best thing for Indian industry is opening borders'
Gurcharan Das speaks to BrandLine.
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The good news
Gurcharan Das on the private sector
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ASK HARISH BIJOOR
Building Incredible India
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FOREIGN TRADE
Bengal Initiative asks Vietnam for trade consulate
Bengal Initiative has asked the Vietnam Government to set up a trade consulate here and start direct flights between Vietnamese cities and Kolkata. This was stated today by the Mayor of Kolkata, Mr Bikash Ranjan Bhattacharyya, who led a 26-member ...
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PETROLEUM
ONGC, OIL renew pact for Assam crude movement
MoU valid till March 2012; to be converted into agreement in 6 months
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LNG deal: Deora may meet Iranian President
The Petroleum Minister, Mr Murli Deora, is to meet the Iranian President, Mr Mahmoud Ahmadinejed, on Thursday, to pursue commitments made by Iran, which include supply of five million tonne liquefied natural gas (LNG) annually for 25 years ...
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PLASTICS
Plastics expo in Hyderabad
Hyderabad will host the second edition of the Indian plastics exhibition, IPLEX 2007, to be held between April 27 and 30 at Hitex Exhibition Centre here. The exhibition would focus on the potential of South India in general and Andhra Pradesh ...
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RUBBER
2006 declared `boom year' for coffee, rubber
The Department of Commerce has announced the price spectrum band for the year 2006 for rubber, coffee and tea. A release issued here said the price spectrum band for each commodity has been calculated on the basis of the seven years' moving ...
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TAXATION
Kamal Nath meets Chidambaram
The Union Commerce and Industry Minister, Mr Kamal Nath, on Wednesday called on the Finance Minister, Mr P. Chidambaram, at his North Block office. This meeting comes in the backdrop of reported differences between the Finance ...
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EDUCATION
Virginia-India community college
The Commonwealth of Virginia proposes to set up jointly with the government of India and NASSCOM a community college in India on the lines of the Northern Virginia Community College. A research collaboration effort is also ...
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IT industry growth will be there long term, says Nasscom chief
Mr Lakshmi Narayanan, Cognizant Technology Solutions' Vice-Chairman and Chairman of industry body Nasscom, is confident that the growth of the information and communication technology (ICT) industry will last several years, perhaps even 20 years, ...
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VETA's home study package
VETA, one of the leading spoken English training academies, has introduced Home Study Course Package (HSC) for job aspirants. The package contains 60 cards. Each card has instructions on common English usage, sentences construction and ...
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REAL ESTATE & CONSTRUCTION
AP Builders to halt Govt works from today
In protest against the delay in implementing Government orders providing for additional funds to contractors on account of increased cost of construction, the Builders Association of India, AP centre has decided to halt all Government ...
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Real estate expo on April 28-29
`Real estate is engine of economic growth'
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INDUSTRY ASSOCIATIONS
TN chamber opposes fee on cheques, drafts
The Tamil Nadu Chamber of Commerce and Industry has said that it is "shocked" by the decision of the Reserve Bank of India to consider the "illogical and ill-conceived" proposal mooted by its study group to charge fee on transfer of funds through ...
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`Inter-State trade barriers must go'
Collective domestic product of the northern states can increase by two per cent if the inter- state trade barriers are removed and proactive steps are taken to implement a common market, according to a study conducted by the PHD Chamber of ...
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RURAL DEVELOPMENT
Technical training for people affected by Tata Motors project
WBIDC, tech education department sign pact with company
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BUSINESS MODELS
`Marketing has shifted focus to business models'
Marketing has progressed beyond the four Ps (price, place, positioning & product) and one of the new points of interest was `resources.'
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EVENTS
Study fair opens at Hyderabad
Over 1,000 students visited the two-day Education Worldwide India Fair, which began here Wednesday. The fair, organised by the New Delhi-based Global Events and Expositions Pvt Ltd, has 46 participants including 15 from abroad representing ...
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ENTREPRENEURSHIP
Entrepreneurship training programme for unemployed youth
MADITSSIA Business Information Centre (BIC) is organising an `Entrepreneurship training programme for unemployed youths' on April 28. The programme will provide detailed information on opportunities available in Madurai district, ...
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EXPORTS & IMPORTS
Govt may revisit iron ore export tax next month
Mines Ministry, industry say duty makes ore mining uneconomical
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Rupee gains more, closes at 40.9
"We do not have a particular band for exchange rate for rupee. But we certainly would like to avoid excess volatility."
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The other side of rupee
There is a flip side to the appreciating rupee, which went below Rs 41 to a dollar on Wednesday. Indian oil companies, for example, would see 7 to 8 per cent lower rupee outgo on their purchases in the international market. However, possibilities ...
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Pulses imports need no subsidy
The Union Government's reported decision to grant a 15 per cent subsidy to parastatals and public sector trading companies for importing large volumes of pulses is an aberration that is not justified and needs an urgent review. Conceded that ...
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Exporters seek RBI intervention to arrest rupee rise
Comfort zone seen between Rs 43.5 and Rs 44
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Oil products exports leap 44.8%
Refinery capacity expansion, exports by private refiners cited as reasons
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