The Hindu Business Line : Friday, January 25, 2008

ACCIDENTS
Ratification of ILO convention
The Union Cabinet on Thursday gave its approval for placing a statement before the Parliament to convey the Government’s decision for ratification of an ILO Convention, which would form the guideline for formulating and implementing a ... More

URBAN DEVELOPMENT
Kerala okays development projects worth Rs 239 cr
Kochi, Thiruvananthapuram to benefit More

SOCIAL SECURITY
Health insurance for artisans
More

DOUBLE TAXATION TREATIES
Double taxation pact with Mexico
The Union Cabinet on Thursday gave its ex-post-facto approval for the signing of double taxation avoidance agreement (DTAA) with Mexico. The agreement was signed in New Delhi in September 2007 on the occasion of the visit of Mexican President, Mr ... More

ECONOMY
‘Agflation’ — reversal of a global trend
More

13th Finance Commission meets
The Thirteenth Finance Commission, under the Chairmanship of Dr Vijay Kelkar, held its first meeting here on Wednesday.The day-long discussions focussed on the terms of reference of the commission, its mandate, scope as well as ... More

ENVIRONMENT
Industries urged to invest in green production methods
More

HEALTH
Dental meet in Mangalore
Mangalore, Jan. 24 The 61st Indian Dental Conference, organised by Indian Dental Association, will be held here from January 25 to 28. A press release issued by Dr U.S. Krishna Nayak, Chairman of Organising Committee, said that 60 national, ... More

INFRASTRUCTURE
Stir against KSEZ gaining momentum
The agitation against the Kakinada special economic zone is gathering momentum, as the opposition parties and unions are objecting to the “coercive methods” adopted by the State Government to take possession of the lands acquired ... More

PSU
NMDC gets Navaratna status
Hyderabad, Jan 24 NMDC Ltd has joined the elite club of public sector units with the status of a ‘Navaratna’, as per a Union Government notification today.The Hyderabad-headquartered PSU, which achieved a turnover of Rs ... More

PETROCHEMICALS
Barauni may be made petrochemical hub
Ministry wants expansion of GAIL’s pipeline network More

PETROLEUM
IOC may get Rs 3,980 cr subsidy from upstream cos
IOC is likely to get Rs 3,980 crore from state-owned upstream companies — ONGC, Oil India, and GAIL (India) — as subsidy for the third quarter of the current financial year. To partly offset the revenue loss suffered by the ... More

POWER
Sikkim to withdraw LoIs issued to pvt hydel project developers
Gangtok, Jan. 24 The Sikkim Government has decided to withdraw letters of intent issued to private hydroelectricity developers for four proposed hydel projects in the State. This was decided in a Cabinet meeting held here last week, ... More

TEXTILES
Textiles: ‘India can catch up with China’
Visakhapatnam, Jan.23 China has a head start over India in the global textile market, with the former enjoying a market share of almost 20 per cent against the latter’s three per cent, but still India can catch up, given the right policy ... More

HC ruling on bonus, ex-gratia for TN textile workers
Chennai, Jan 24 The Madurai Bench of the Madras High Court has ruled that as per the Payment of Bonus Act, if a workman had worked for 30 days in a relevant period, he was eligible for a pro rata bonus. Therefore, once the management was ready ... More

SSI
United Bank ties up with KVIB
United Bank of India (UBI) and Khadi & Village Industries Board (KVIB) signed an MoU here on Thursday for collection of registration fees and distribution margin money, according to a press release issued by the bank. With the signing of the ... More

FOODS & FOOD PROCESSING
Comply with food laws before tapping US market: FDA expert
US consumers are willing to pay more for safe, quality food More

CONSUMERISM
Consumer awareness scheme
The CCEA on Thursday gave its nod for the implementation of the ongoing plan scheme for creation of consumer awareness during the 11th Plan Period (2007-2012). The campaign would be in print, electronic, outdoor and other media covering the ... More

INCOME TAX
Tax body moots clubbing exemptions with deductions to eliminate MAT
Kolkata, Jan. 24 The Direct Taxes Professionals’ Association (DTPA), in a recent pre-budget memorandum to Union Finance Minister, Mr P. Chidambaram, has suggested combining of all the Exemptions with Deductions under Chapter VIA of the ... More

EXPORTS & IMPORTS
TN chamber urges ban on edible oil exports, online trading
The Tamil Nadu Chamber of Commerce and Industry has urged the Union Government to ban the export of edible oil, edible oil seeds and online trading of edible oil to contain the soaring prices of edible oil.A delegation of the Chamber ... More

ALTERNATIVE MEDICINES
Cabinet clears Ayurveda institute
New Delhi, Jan 24 The Union Cabinet on Thursday approved the establishment of All-India Institute of Ayurveda, an autonomous organisation under the Department of AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and ... More

ECONOMIC OFFENCES
Dilly-dallying over Lok Pal
Corruption will be out one day, however much one may try to conceal it; and the public can, as its right and duty, in every case of justifiable suspicion, call its servants to strict account, dismiss them, sue them in a law court or ... More

I-T sleuths seize Rs 1.75 cr
More