INDUSTRY & ECONOMY
CLIMATE & WEATHER
Persisting `low' over Bay key to monsoon revival
THE trough of low pressure persisting at sea level over the southwest Bay of Bengal over the past few days holds the key to the revival of the northeast monsoon. There has not been any significant rain activity in much of the peninsula for ...
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OUTSOURCING
India looking at manufacture of defence components for US
INDIA is exploring the possibility of outsourcing the manufacture of defence components and spares for American contractors, the Foreign Secretary, Mr Shyam Saran, said. Addressing the India Economic Summit here, he said the possibility of ...
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EXCISE AND CUSTOMS
Case to lower customs tariffs through uniform structure
The speed of `peak' tariff rate reduction has been moderated by the need to preclude absolute reduction in tariff revenues and to provide time and space for alternative revenue sources to fructify.
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FOREIGN TRADE
`RTAs cannot be alternatives to multilateral liberalisation'
A WORLD Bank report has held that there is no truth in the arguments made in certain quarters that Regional Trade Agreements (RTAs) can be an alternative to multilateral liberalisation. It has held that "gains for all developing countries from ...
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India, Israel set up joint study group to boost bilateral trade
INDIA and Israel have agreed to set up a joint study group to formulate a comprehensive economic partnership between the two countries. This was announced by Mr Kamal Nath, Minister for Commerce and Industry, at an interactive meeting ...
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India, Switzerland keen on greater trade
INDIA and Switzerland have emphasised their commitment for further promotion of bilateral trade and investment at the ninth meeting of the Indo-Swiss Joint Commission held here on Wednesday. An official release said that the meeting noted with ...
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HEALTH
Reinstatement of anti-retroviral drugs by WHO evokes positive response
THE reinstatement of two generic anti-retroviral drugs manufactured by the Indian generic drug maker Cipla to the World Health Organisation's approved list of medications for HIV/AIDS patients has generated a positive response from various ...
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Sibal for more investments in AIDS vaccine research
THE Minister of State for Science and Technology, Mr Kapil Sibal, has emphasised the need for speeding up the pace of socio-economic development and increasing the level of investment in research for developing vaccines to combat HIV/AIDS. "As ...
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PETROLEUM
`LPG price must be hiked to Rs 492 for parity'
THE price of cooking gas would need to be hiked by Rs 210.40 per cylinder and kerosene by Rs 11.05 per litre to maintain import price parity, the Union Minister of Petroleum & Natural Gas, Mr Mani Shankar Aiyar, informed the Rajya Sabha on ...
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POWER
Jindal Stainless plans captive thermal unit in Orissa
JINDAL Stainless Ltd proposes to set up a captive thermal power plant to meet its future requirements in Orissa. The power plant will have two modules of 125 MW each - total of 250 MW. The expected date for completion of the first module ...
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Remote-operated grid station commissioned at Bawana
NORTH Delhi Power Ltd (NDPL) today commissioned Delhi's first 66-kV remote-operated, unmanned Grid Station at Bawana. According to a company release, the NDPL Bawana Clear Water Grid is fully remote-controlled and would be operated through ...
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TAXATION
`Govt-industry interaction vital for a foolproof VAT regime'
`VAT would be beneficial to both the trading community and the Government.'
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WATER
Plea for legislation to curb pollution of water sources
INDUSTRIAL pollution and urban wastes have, during the past 25 years, taken a heavy toll in spreading contamination of soil and groundwater across many areas of the country. More than 70 per cent of the people living in rural areas are, ...
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EDUCATION
IIMB meet on innovation from December 16
THE Indian Institute of Management Bangalore, is holding a conference on `Innovation: The Next Lever for Value Creation', from December 16-18. The conference, organised by IIMB Management Review, a management quarterly, will have researchers, ...
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FOODS & FOOD PROCESSING
81 companies to take part in food expo
AS many as 81 companies, many of them from abroad, will take part in the four-day "World of Food India 2004" trade fair being held here on Friday and organised by CIDEX Trade Fairs Pvt Ltd with its parent company Koelnmesse GmbH of Germany. ...
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MEDICAL INSTITUTIONS & HOSPITALS
Rs 11-cr plan for mental hospital in Thiruvananthapuram
THIRUVANANTHAPURAM: The Chief Minister, Mr Oommen Chandy, has said that the Mental Health Centre at Peroorkada here will be elevated to the status of a Centre of Excellence. A Rs 11-crore plan has been prepared for the development of ...
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HUMAN RESOURCES
Half of global workforce earns less than $2 a day: ILO study
SOME 1.4 billion people, or, in effect, 50 per cent of the global workforce, are trapped in abject poverty, unable to earn enough to lift themselves and their families above the $2-a-day (Rs 88 a day) poverty line. The silver lining, however, ...
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Salary hike to be high next year: Survey
SALARY increases in many Asian countries including India are expected to be high next year, says a survey by Mercer Human Resources Consulting. According to the company's `Global compensation planning report 2005', employees in India can expect ...
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ALLIANCES & JOINT VENTURES
Indian entrepreneurs scout for plant, machinery in S. Korea
THIS is the latest hunting ground for those hoping to add an electronics or textile manufacturing unit to the one back home at a throwaway price. The reasons being cited for the disinterest in small and medium manufacturing units, once the ...
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EVENTS
Industrial fair in Kolkata from Dec 20; jute to be main theme
THE 18th Industrial India Trade Fair, considered the single-most important annual trade event of eastern and north-eastern part of the country will be held in the city from December 20 to 31 with " jute" as the main theme. China has agreed to ...
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`New crime patterns call for innovative approach to forensics'
CHANGING patterns of crimes call for innovative methods to detect and forensic scientists are playing a vital role in expediting the justice process. This also calls for constant upgrade of forensic laboratory to handle newer and more challenging ...
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Auto Infotronics meet
CHENNAI: The Institute of Electrical and Electronics Engineers (IEEE) and the Society of Automotive Engineers (India) will jointly hold a conference on Automotive Infotronics in Chennai on December 10 and 11. Between the inaugural ...
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Meet on smart appliances
HYDERABAD: The Institute for Electrical and Electronics Engineers (IEEE) would host a two-day international conference on smart appliances as a part of its bi-decennial celebrations in January. The General Chair of the Hyderabad Chapter ...
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ICAI Southern Region meet
HYDERABAD: he Southern Regional Council of the Institute of Chartered Accountants of India (ICAI) is holding its two-day 36th regional conference here from Friday. The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, is the ...
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ENTREPRENEURSHIP
Awards for entrepreneurs
THIRUVANANTHAPURAM: Applications have been invited from those who have excelled in the small industries sector, made a name for themselves in their chosen enterprise and proven credentials in the R&D sector for being nationally recognised ...
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EXPORTS & IMPORTS
COMMODITY COMMENTARY
Policy to encourage cotton exports nowhere in sight
ALARMED by the continued steep fall in cotton prices and discontent brewing over ineffective Government intervention, ministers in the Union Government have been trying to talk the market up, but in vain. They have stated on more than one ...
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Ministry clarification on EPCG scheme
THE Revenue Department has clarified that the notifications allowing import under the export promotion capital goods (EPCG) scheme at concessional rate are also applicable for clearances from 100 per cent export-oriented units (EOUs), subject to ...
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TOURISM
Malaysia to review I-visa pilot project
THE Malaysian government will review the Internet (I) visa scheme implemented in Chennai as a pilot project, by the end of this year. The I-visa scheme, under which travel agents could apply for a visa online with a Rs 3.5-lakh bank guarantee, ...
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Legislation for tourism zones to be drafted soon: Kerala Minister
THE State Government will soon introduce a law for the establishment of tourism zones in the State, said Mr K.C. Venugopal, Minister for Tourism, Government of Kerala. All development activity, especially construction, in these special zones ...
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Destination Dubai 2005 edition released
THE Dubai Department of Tourism and Commerce Marketing (DTCM) on Wednesday announced the release of the 2005 edition of its flagship tourism manual `Destination Dubai'. The annual publication, now in its 14th year, offers tour ...
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