Financial Daily from THE HINDU group of publications
Friday, January 21, 2005

News
Features
Stocks
Port Info
Archives
Google

Subscription

Group Sites

INDUSTRY & ECONOMY

CLIMATE & WEATHER


Extreme climates to extend to more areas, warns study
THE overall area experiencing either very dry or very wet conditions is showing a tendency to occupy a greater fraction of the Earth's land area as the globe becomes increasingly warmer. Even as drought has expanded across land areas, the ... More

ECONOMY


Inflation drops on fall in food article prices
THE annual wholesale price index-based inflation fell to a 31-week low of 5.6 per cent for the week ended January 8, from 5.78 per cent recorded during the previous week. The fall recorded in the point-to-point inflation rate was largely on ... More

Meghalaya annual Plan fixed at Rs 800 crore
THE annual Plan of Meghalaya for 2005-06 has been determined at Rs 800 crore which includes one-time additional Central assistance of Rs 51 crore for special projects of importance to the State. The Deputy Chairman Planning Commission, Dr ... More

ENVIRONMENT


Karan Singh warns against river-linking
THE grand plan to link the rivers in the country may not be desirable, as it is fraught with grave environmental hazards besides the huge cost involved, according to Dr Karan Singh, former Union Minister and member of the Rajya Sabha. He was ... More

FOREIGN TRADE


India, Chile sign framework pact to expand trade
INDIA and Chile on Thursday signed a framework agreement on economic cooperation to promote trade expansion by providing limited preferential access to each other's markets initially. The Union Commerce and Industry Minister, Mr Kamal Nath, and ... More

Assocham finds new areas to boost Indo-Pak trade
THE Associated Chambers of Commerce and Industry of India (Assocham) has identified nine key areas of economic activities in which successful joint ventures can be set up between India and Pakistan. These include the cotton industry, engineering ... More

Supplies to SEZ entitled to DFRC benefits
THE Department of Commerce has clarified that all supplies made to special economic zone (SEZ) units after September 1, 2004 would be entitled for the benefits of duty-free replenishment certificate (DFRC) under the foreign trade policy. This ... More

INFRASTRUCTURE


Road closed...
to mad traffic

As mayor of Bogota, Enrique Penalosa rescued the city from its dangerously overgrown traffic. His message: Cities must be designed for people, not cars. More

GIM projects remain pipedreams
EVEN two years after the Global Investor Meet (GIM) held here, no visible progress has been made on the implementation of the major projects announced at the GIM. "Two years later, today, if one draws the balance sheet of the GIM exercise, it ... More

PETROLEUM


LPG kitchen fuel no. 3
AS recently as 2001, the year of the last Census, firewood was still the most important source of kitchen fuel in rural India. 88.6 million households (64 per cent of the total) depended on it. Crop residues and cow dung, next on the list, ... More

IOC to bid with Varun-Exmar for Petronet LNG shipping deal
STATE-OWNED Indian Oil Corporation (IOC) has entered the liquefied natural gas (LNG) shipping sector by aligning with the consortium of Varun Shipping Company Ltd and Belgian natural gas shipping firm Exmar to bid for the LNG shipping deal of ... More

PHARMACEUTICALS


MNCs told to supply `patented' anti-cancer drug
WHILE multinational anti-cancer drug manufacturers had prevented Indian drug firms from distributing the life-saving medicine on the ground that they held the patent rights and had also been granted the exclusive marketing rights (EMR) for these ... More

Price pressure in US cause for concern for drug cos
PRICING pressure in the US generic market is hanging like the proverbial Damocles sword on the large Indian pharmaceutical companies. This could be a cause for concern for companies such as Ranbaxy Laboratories, Dr Reddy's Ltd and Sun ... More

`Allow simvastatin drug sales over the counter'
INDIA should follow the UK in allowing the sale of Simvastatin, a natural cholesterol-lowering drug, over the counter (OTC), dispensing with the practice of a doctor's prescription to buy the drug. Stating this here on Thursday, Dr B.G. ... More

POWER


National Electricity Policy soon
THE Government will be announcing the National Electricity Policy over the next couple of weeks. The guidelines for competitive bidding and the norms for captive power plants would also be finalised shortly, the Power Secretary, Mr R. V. Shahi, ... More

Lighting up their homes, not by moon or stars
LESS than half a percentage point of rural households relied on the moon and the stars for lighting up their homes at night, according to the 2001 Census. To be precise, the figure is 0.3 per cent, surprisingly smaller than the corresponding ... More

STEEL


Steel sector too may get sops given to infrastructure projects
THERE may be some good news for companies planning to set up new steel capacities. Fiscal incentives such as tax holidays, easier norms for external commercial borrowings, and facilities to develop ports and berths are likely to be made ... More

MEDICAL INSTITUTIONS & HOSPITALS


Electronic library set up in Kottayam Medical College
KOTTAYAM: An electronic library has been set up in the Kottayam Medical College with help from the old students of the Medical College working in the US and the Association of Kerala Medical Graduates. Dr N.Sudhayakumar, Principal, and ... More

NIMS to be made full-fledged varsity
A FULL-FLEDGED Nizam's Institute of Medical Sciences (NIMS) University will be established in Hyderabad soon. Endorsing the proposal, the Chief Minister, Dr Y.S. Rajasekhara Reddy, also agreed to provide 150 acres of land for the campus. The ... More

REAL ESTATE & CONSTRUCTION


Build Expo 2005 to open tomorrow in Coimbatore
THE bi-annual construction fair, Build Expo 2005, will begin here from January 22. The six-day fair event, to be held at the Codissia Intech Trade Fair Complex, will showcase the latest offerings from construction industries of national and ... More

LEATHER


CLE urges Govt to reconsider cut in duty drawback rate
THE leather industry has expressed shock and concern over the reduction in duty drawback rates for major items of export and has urged the Centre to reconsider the change. According to a press release from the Council for Leather Exports (CLE), ... More

MINING & QUARRYING


Moving earth
A man transports sand on a country boat in a picturesque locale in Alappuzha district. Sand mining continues to blight Kerala rivers, but it is a source of livelihood for thousands of people. ... More

FOREIGN DIRECT INVESTMENT


FDI in retail not to affect small players: Assocham
A STUDY carried out by the Associated Chambers of Commerce and Industry of India (Assocham) has found that small retailers in India would not be affected for the next 10 years in case FDI is permitted in the retail sector. The study titled ... More

RURAL DEVELOPMENT


Syndicate Bank venture fund for rural projects
THE public sector Syndicate Bank has set up a venture capital fund along with Shell Foundation International. The venture fund would have a corpus of Rs 12.5 crore. Shell has contributed about half million dollars for the venture fund. The fund ... More

TRADE & LABOUR UNIONS


INTUC calls for ban on iron ore export
THE Indian National Trade Union Congress (INTUC) is of the view that exporting iron ore in bulk quantities to countries such as Japan will hurt the interests of the domestic steel industry in the long run and therefore, it should be done away ... More

EVENTS


Soup and bread fest in Coimbatore
THE Residency, Coimbatore, is hosting a soup and bread festival till January 30 at its Pavilion restaurant. The Soup and Bread Festival is open along with the dinner buffet every day and with the lunch buffet on Sundays. Six breads — ... More

Health Conclave in Mumbai on February 4
NEW-AGE mantras in the healthcare delivery business, such as accreditation, branding and communication will be some of the segments that will be highlighted at the Health Conclave 2005 to be held in Mumbai. This will be the first time that ... More

Meet on peritoneal dialysis begins today
SHANTHA Biotechnics, the Hyderabad-based company, will launch `Shanpiotien' — recombinant DNA erythropoietin — on Saturday at the Second Asian Chapter Meeting of the International Society for Peritoneal Dialysis (ISPD). The ... More

  • In Hyderabad today

    EXPORTS & IMPORTS


    Spices exports top 2.5-lakh-t target
    EXPORTS of spices crossed the 2004-05 target of 2.5 lakh tonne during the first nine months of the current fiscal, following substantial increase in shipments of certain low value items. In terms of value, it has gone up by Rs 229 crore from that ... More

    NATURAL CALAMITIES


    All for a good cause
    Hundreds of school children of West Bengal walked to collect funds and sympathy for the Tsunami affected people in Kolkata on Thursday.

    More

  • Contributions to The Hindu Relief Fund

    ECONOMIC OFFENCES


    Power theft detected in Palakkad
    THIRUVANANTHAPURAM: The vigilance wing of the Kerala State Electricity Board (KSEB) raided five industrial units in Palakkad on Wednesday, which unearthed instances of power theft amounting to Rs 8 crore. The units inspected included ... More


    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Pick a Winner Stock Market Contest

    Top Stories
    Extreme climates to extend to more areas, warns study


    IDBI, Bank share swap ratio fixed at 100:142

    SEBI mulls altering takeover code

    Pharma sector — No side-effects of patent regime

    Spices exports top 2.5-lakh-t target

    A380 may open new biz opportunities for HAL

    Profit or loss, business owners feel the stress

    ACC net rises 138 pc in Q3 to Rs 53 crore

    Satyam Q3 net rises 20 pc; ups guidance

    Biocon Q3 net rises 44 pc

    In Focus

    BHEL Disinvestment
    The Yuan Revaluation
    Dabhol power regenerated
    Tracking the rains
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Jan. 9-Jan. 15
    Tourist arrivals in December up 23 pc

    NRIs urged to invest in `other India'

    Patents Ordinance 2004 — Relief for generic drug-makers

    Synthetic, rayon textile exports may fall short of target

    PSBs nonchalant over sunset clause on NPAs

    Swaminathan foundation proposes new approach to rehabilitate tsunami victims

    Hypersonic travel may become a reality

    Export target set at $88 b for next fiscal

    GAIL to supply gas to RCF through Dahej-Uran pipeline

    Industrial output grows 7.9 pc in November

    Gem & jewellery exports rise 43 pc in April-August

    Exports up 23.41 pcin April-December

    Textile export to quota countries in Jan-Dec up 5.48 pc

    Gujarat to attract investments over Rs 87,000 crore

    Raghuram Rajan for calibrated roll-out of economic policies


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

    Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line