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Friday, August 13, 2004

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Delhi-Mumbai airports revamp — Ministerial panel to shortlist bidders based on ABN Amro report
THE inter-Ministerial group (IMG) on privatisation and modernisation of Delhi and Mumbai airports, which met here on Thursday to review the bids submitted by 10 private consortiums, decided to draw up a shortlist based on a report prepared by ABN ... More

Away from the finance beat
THE articulate Finance Minister delighted and disappointed women journalists in the Capital on Thursday. Speaking with members of the Indian Women's Press Corps, Mr P. Chidambaram veered away from his usual finance beat and with a certain ... More

Virus forces `tea break' for e-auctions
IT is a `tea break' in the real sense but prolonging for over two days. And it is probably the first time that a tea auction had to be put off due to `mechanical problem'. Welcome to the era of screen-based auctions of tea where such a ... More

Net direct tax collections up 50 pc
Net direct tax collections of the Central Government up to July 31 of the current fiscal stood at Rs 17,787 crore, representing a nearly 50 per cent increase over the net collections in the same period last year. The Budget estimates for ... More

Seamen threaten strike on PF issue
SEA-BORNE cargo movements to and from India may be affected with a section of seamen threatening to go on strike from August 31 to secure their demand for Government support to recoup the losses suffered by Seamen's Provident Fund (SPF). The ... More

Industrial output up 7.6 pc in Q1
BUOYED by a high growth in the manufacturing sector, industrial output grew by 7.6 per cent during the first quarter of the current financial year, as against a growth of 5.7 per cent registered during the same period last fiscal (April-June ... More

Repo rate hike in the offing
A HIKE in the Reserve Bank of India's repo rate appears to be in the offing as part of the measured inflation control steps. Bankers are anticipating the repo rate hike, well before the peak season credit policy. The repurchase operations or ... More

`Fast breeder reactor projects put on fast track'
INDIANS are now the world masters of the Pressurised Heavy Water Reactor technology — the country has 12 PHWR units running. With the technology learnt from the Fast Breeder Test Reactor project — an R&D project — the nuclear .. More

Indices tumble further on inflation worries
THE markets continue to fall, as the burgeoning inflation has left investors with an unsettled feeling. The BSE Sensex, which fell 77 points on Wednesday, extended its losses by a further 35 points, to close the trading session at 5139 points. ... More

Gold a safer bet than equities, bonds: WGC
WGC has said that India can well become the Regional Gold Trading Hub provided the Futures Exchange was allowed to trade in the spot market; banks and financial institutions actively participate in the gold market and bullion exports are permitted. More

A `wonder herb' to increase cattle yield
"It can be used as a bio-fertiliser, a mosquito repellent, in the preparation of salads and above all as a bio-scavenger for it takes away all heavy metals." More

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