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Saturday, October 06, 2007
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INDUSTRY & ECONOMY

NRIS
Indian Bank cuts FCNR (B), NRE term deposit rates
More

NON-CONVENTIONAL ENERGY
Windmill investors to meet TNEB on Oct 17
Chennai, Oct. 5 The Tamil Nadu Electricity Regulatory Commission has called for a meeting of windmill investors and the Tamil Nadu Electricity Board to assess the status of evacuation infrastructure and related issues.At the meeting to ... More

CEMENT
Cement manufacturers call for new long-term coal linkages
Approach coal companies for conclusion of fuel supply agreements More

ECONOMY
Forex reserves swell by a record $11.9 billion
Mumbai, Oct. 5 The country’s foreign exchange reserves surged by $11.871 billion to touch $247.762 billion for the week ended September 28, 2007. The rise in reserves is easily an all-time record. In the recent past, there have been some ... More

Infrastructure sector sees 9% growth in August
Driven by performance in cement, coal, electricity More

Reflection of growth
More

EXCISE AND CUSTOMS
Mangalore Customs collection rises
Mangalore, Oct. 5 The Mangalore Customs Commissionerate has collected revenue of Rs 353.98 crore till the end of August as against Rs 209 crore in the corresponding period of the previous year. Addressing presspersons here on Friday, Mr ... More

FOREIGN TRADE
India, Philippines sign pacts to co-operate in 9 sectors
To form a joint commission, enhance collaboration in renewable energy More

‘Indo-Thai FTA vital for speedy two-way investments’
No country can afford to trade in a lopsided manner: Thai Minister More

HEALTH
LIC’s maiden health insurance product soon
Life Insurance Corporation of India will file its maiden health insurance product with the insurance regulator by next month. The product will be a long-term policy and have a savings element, said Mr D.D. Singh, Executive Director (Health), ... More

INFRASTRUCTURE
Karnataka setting up panel to rework pact with Skil Infrastructure
Bangalore, Oct. 5 In its first meeting after the continuing stalemate over the transfer of power to the coalition partner, Bharatiya Janata Party, the Karnataka Cabinet presided over by the Chief Minister, Mr H.D. Kumaraswamy, and the ... More

GE Commercial invests $22 m in OSE
GE Commercial Finance on Thursday announced that it has invested $22 million in Oriental Structural Engineers Private Ltd (OSE), a company engaged in the construction of highways, expressways and urban civil infrastructure. “We are pleased ... More

Call to promote PPP in infrastructure projects
More

PETROLEUM
IOC losing Rs 100 cr a day on petro products sale
Cabinet may consider oil bonds next week More

POWER
UPA-Left panel meet on October 9
More

STEEL
DGFT rewards Vizag Steel
More

SSI
SMEC office in Hyderabad
Hyderabad, Oct. 5 The Small and Medium Enterprises Consortium (SMEC), promoted by Non-Resident Indians (NRIs) in the US, announced the opening up of their office in Hyderabad today and the appointment of Mr Chennuri V. Subba Rao, to oversee ... More

WATER
‘Sewage, the new resource for generating freshwater’
Chennai, Oct. 5 Sewage is the next new resource for freshwater — Chennai generates over 400 million litres a day (mld) and only a fraction of it is reused. Metrowater hopes more industrial units will opt for recycling the city’s ... More

RADIO/TV
Tribunal stays ban on Red FM
New Delhi, Oct. 5 The Telecom Disputes and Settlement Appellate Tribunal (TDSAT) on Thursday stayed the ban on radio channel, Red FM, for its comments on the Gurkha community. The Ministry of Information and Broadcasting had on ... More

GEMS & JEWELLERY
Focus on high end of value chain, jewellery exporters told
New Delhi, Oct. 5 The Union Commerce & Industry Minister, Mr Kamal Nath, today asked the gem and jewellery export industry to become the premier diamond jewellery manufacturing and premier diamond trading centre in the world. ... More

REAL ESTATE & CONSTRUCTION
17 new corridors emerge as strong investment destinations
Bangalore, Oct. 5 Seventeen new corridors have emerged as strong investment destinations for investors with different risk appetites, according to the Cushman & Wakefield - GRI India Real Estate Investment Report 2007: ‘India Gaining ... More

AP Govt to impose 1% cess on construction
Hyderabad, Oct. 5 The construction activity in the State will cost more soon. The State Government will impose 1 per cent cess on construction and hammering out modalities of its collection. All Central and State Government Departments, ... More

New building rules come into force for Tier-II cities
Uniformity of guidelines will ease paperwork More

HDFC property expo in Bangalore
Bangalore, Oct. 5 HDFC today announced the commencement of a three-day property exhibition titled ‘Namma Mane’ here. Inaugurated by Mr Keki Mistry, Managing Director, HDFC, this mega property show will house 42 reputed developers ... More

READYMADE GARMENTS
India, Sri Lanka sign MoU for apparel articles imports
New Delhi, Oct. 5 India and Sri Lanka on Friday signed a memorandum of understanding to finalise the procedural arrangement for operationalisation of the Tariff Rate Quota (TRQ) for import of three million pieces of apparel articles covered ... More

RURAL DEVELOPMENT
A manch to reach out to rural masses
More

HUMAN RESOURCES
Minister urges States to help Centre in skill development
Invites industry to join hands with Centre, States More

REGULATORY BODIES & RULINGS
Scheme to promote new tech in rural areas launched
Telecom Dept to fund 5 projects on pilot basis, calls for applications More

EVENTS
Seven Bengal IT infrastructure cos to attend Bangalore expo
Kolkata, Oct. 5 Some seven IT infrastructure providers from West Bengal will showcase their capabilities and offerings at the four-day Bangalore IT.com exhibition slated to begin from October 29. Stalls would be set up by them in the ... More

‘Industries have significant role in a knowledge economy’
Need to raise R&D investment by Govt and industry stressed More

Industrial pumps expo
More

Symbiosis operations summit today
More

ENTREPRENEURSHIP
Business session for IIT-KGP alumni
Bangalore, Oct. 5 In its effort to promote entrepreneurship, the IIT-Kharagpur (KGP) Technology Alumni Association (TAA), Bangalore Chapter, will be creating a platform for aspiring entrepreneurs to present their business plans and receive ... More

EXPORTS & IMPORTS
Re rise: Hyundai plans reducing dollar-denominated exports
Centre urged to implement export incentive scheme More

BEARINGS, CASTINGS & FORGINGS
Steep hike in pig iron prices hits castings exporters
Already reeling under the rupee impact More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Other Top Stories
AP Govt to impose 1% cess on construction

MRF now a Rs 5,000-cr company

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12 major ports record growth, but miss target

Looking back
Sep. 23-Sep. 29
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‘Vodafone liable to deduct tax at source on Hutch deal’

Forex turnover rises to $34 b

‘HNIs prefer equity, commercial realty’

Rising Re: Textile exporters shift focus to Europe

India moves up 12 places in ‘ease of doing biz’

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Spices export registers 26% growth in Apr-Aug


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