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Sunday, February 13, 2005

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INDUSTRY & ECONOMY

EMPLOYMENT


Other side of the job boom
THIS newspaper reported last week that the information technology industry is on the verge of reaching the one-million-employee mark. This may appear yet another IT industry record but the importance of this achievement ... More

ANTI-DUMPING


Dumping probe on pentaerythritol from China, Sweden
PRICES of imported pentaerythritol may see northward movement, with the Designated Authority in the Commerce Ministry initiating an anti-dumping probe on imports from China and Sweden. Informed sources said that Kanoria Chemicals & Industries .. More

Dumping probe initiated on SFS imports from China
THE Designated Authority in the Commerce Ministry has initiated an anti-dumping probe on imports of sodium formaldehyde sulphoxylate (SFS) from China. SFS is mainly used as discharging agent in textile printing. It also finds uses in food, ... More

BUDGET


Budget will pursue tax reforms: PM
THE Union Budget will continue its pursuit of tax reforms and meeting the goals prescribed in the common minimum programme, according to the Prime Minister, Dr Manmohan Singh. At a press conference here on Saturday, Dr Singh said, "We are ... More

Co secretaries seek tax sops in Budget for export of services
The professionals have also sought inclusion of the practicing company secretaries, chartered accountants and cost accountants for issuing service tax compliance certificate to the department concerned. More

FOREIGN TRADE


India, Lanka to set up trade negotiating panel
INDIA and Sri Lanka have agreed to set up a trade negotiating committee, its working groups and sub groups to set out a road map for negotiations to conclude the Comprehensive Economic Partnership Agreement (CEPA). This emerged at the ... More

INFRASTRUCTURE


GoM views on SEZ legislation to be forwarded to Cabinet
Since SEZs entail world-class infrastructure and the additional costs would be very high, infusion of investment on a massive scale including FDI is needed to make the scheme a success. More

PETROLEUM


ONGC in talks with SAIL to supply coal-bed methane
ONGC has initiated moves to market coal-bed methane (CBM) now that it has firmed up production plan of the gas for 2006-07. Damodar Valley Corporation is likely to emerge as a major customer while SAIL too is believed to be interested in using ... More

PHARMACEUTICALS


Insulin prices have bottomed out, says Wockhardt chief
THE Chairman of Wockhardt Ltd, Mr Habil Khorakiwala, does not see any scope of insulin prices dropping any further. India is already the least-cost producer of insulin and "it is not possible to bring down the prices further," he said at a press ... More

TAXATION


Assocham seeks abolition of MAT
NEW DELHI: The Associated Chambers of Commerce and Industry of India (Assocham) has sought elimination of Minimum Alternative Tax (MAT) terming it as one of the "greatest obstacles in the way of growth of companies and also attraction of ... More

SSI


10 Indo-German collaborations likely
AT least 10 Indo-German collaborations and major outsourcing contracts in automobiles, machine tools, information technology, biotechnology and healthcare are likely to be finalised soon. All these deals have come through in the wake of the visit ... More

AUTOMOBILE COMPONENTS


UK woos Indian automotive cos
INDIAN automotive companies are now being wooed by the British Government's Inward Investment Group,which is in India with a delegation of auto companies looking to network with potential investors into the UK's $72-billion automotive ... More

BIO-TECH & GENETICS


Public-pvt fund for biotech research
THE Union Department of Biotechnology (DBT) is planning to launch a separate public-private fund later this year to give a fillip to discovery-driven research enterprises in biotechnology. "We will have a corpus, which the Planning Commission ... More

MINERALS


Comdaq to launch iron ore futures facility
THE London-based Commodity Dealers Automated Quotation Network (Comdaq.net) will launch futures contract facility for iron ore from February 14. The facility will be available on its Web site More

HUMAN RESOURCES


Govt plans to set up knowledge commission — Time to emerge as global major has come: PM
IN a bid to enable India emerge as the knowledge capital of the world, the Union Government proposes to set up a Knowledge Commission over the next few weeks, said the Prime Minister, Dr Manmohan Singh, on Saturday. Speaking after inaugurating ... More

EXPORTS & IMPORTS


Import of sensitive items down in April-Nov 2004
ALTHOUGH the country's import growth during the current fiscal has been on a double-digit trend, import of sensitive items being monitored by the Commerce Ministry has declined during the first eight months of the current fiscal. An official ... More

Merchandise exports cross $60-b mark
THE country's merchandise exports have crossed the $60-billion mark in the 10 months of the current financial year (2004-05). Exports touched $61 billion in April-January and were estimated to be over $7 billion in the month of January ... More

NATURAL CALAMITIES


`Resilience of Andaman people amazing'
"Both in Port Blair and in Car Nicobar, not one person was weeping. This is the spirit and fortitude of the people here. The local people's response to the situation helped the administration immensely." More


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Top Stories
Crude oil futures likely to lure gold traders


Forex reserves dip by $806 m

Insulin prices have bottomed out, says Wockhardt chief

Import of sensitive items down in April-Nov 2004

`Resilience of Andaman people amazing'

RailTel on fast track, to offer seamless cable link

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
Feb. 6-Feb. 12
`Give priority to drug affordability'

Marketing can be done without a patent: Madras HC

Imported edible oils — Revenue considerations behind move not to slash tariff values?

Hundred movies in one DVD?

Hike in R&D spends eats into pharma cos' profits

NCB cautions pharma cos on distributors with dubious connections

VAT panel seeks removal of CST waiver on inter-State purchases

Auto majors see rise in Q3 input costs

Southern mills way ahead in raw sugar imports

Govt hopeful of meeting export targets

Policy on FDI in retail, realty soon: Kamal Nath

Seafood exports may dip 10 pc

Market for savings second only to food

Chidambaram's 5-point agenda for India to drive global economy

Industrial output up 7.9 pc in Dec


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