INDUSTRY & ECONOMY
ECONOMY
We will soon gain mastery over inflation: Manmohan
"I cannot authoritatively pronounce the right mix of fiscal and monetary policy. Monetary policy is the preserve of the Reserve Bank of India. Both the RBI and the Finance Ministry are alert to the problem."
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EXCISE AND CUSTOMS
CBEC gets new member
THE Central Board of Excise and Customs (CBEC) has a new member in Mr Subash Chandra, who was till recently the Chief Commissioner (Excise) at Jaipur. Mr Chandra, who has replaced Mr S.K. Mishra in the Board, has now become Member - Revenue ...
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HOTELS
51 hotel projects may come up in S. India
ENCOURAGED by the boom in the hospitality sector, 51 new hotel projects are likely to come up in South India in the next three years. Most of these projects have applied for classification in the three-star category, Mr M.P. Purushothaman, ...
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PSU
Govt to set up board for PSE revamp: PM
THE Prime Minister, Dr Manmohan Singh, on Saturday said "phenomenal" changes are required in the functioning of public sector enterprises (PSEs) to enable them to cope in the present competitive scenario. He said "strategies, structures, ...
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Action plan for more autonomy to PSEs
THE Government has formulated an action plan to increase the efficiency of public sector enterprises (PSEs) by giving them more autonomy and professionalisation to their respective board of directors. This was stated by the Minister for Heavy ...
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POWER
CERC draft norms on inter-State power transmission
THE Central Electricity Regulatory Commission (CERC) has kicked off the regulatory process for involving the private sector in inter-State transmission of electricity. The Commission on Friday issued draft regulations regarding licence for ...
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PERSONAL PRODUCTS
Rising input costs drive FMCG, food firms up the wall
Not only are companies facing the pressure in terms of transportation and the cess, even raw material prices have hit the roof due to erratic monsoons this year.
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RADIO/TV
Prasar Bharati hopes to rope in BBC, CNN on to DTH platform
PRASAR Bharati is in parleys with BBC and CNN to induct them into the DTH (direct-to-home) platform to be launched by Doordarshan on September 15, as part of the countrywide rollout of free-to-air television broadcast services and digital radio ...
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Zee makes presentation to BCCI on telecast
ZEE Telefilms on Saturday made a presentation to the Board of Control for Cricket in India (BCCI) here about its competence to handle cricket telecast over an extended period. A BCCI committee is to meet on Sunday to decide on the bids for ...
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HUMAN RESOURCES
US job market brightens in Aug
IN a report that the incumbent President, Mr George W Bush, is expected to go to town with, the Labour department said that the economy picked up in August adding 1,44,000 jobs only slightly less than the 1,50,000 ...
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EVENTS
Professional institutes told to tighten disciplinary mechanism
THE Government today asked professional institutes to improve their disciplinary mechanism if they want to compete globally as service providers. Reiterating that the Government does not wish to interfere with the autonomy of the professional ...
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EXPORTS & IMPORTS
Customs says cash, no DEPB licence
ALMOST all customs houses have stopped accepting DEPB (duty entitlement passbook) licences for clearance of imported vegetable oils and are insisting on cash payment of customs duty. However, there is no evidence of written instructions from ...
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