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Monday, May 23, 2005

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INDUSTRY & ECONOMY

EMPLOYMENT


`4 m new jobs in housing sector by 2015'
A survey by the Associated Chambers of Commerce and Industry (Assocham) has found that the Bharat Nirman project is expected to generate over four million new jobs by 2015. The demand for dwelling units is likely to rise to 80 million for lower ... More

NRIS


Foreign inward remittance — Getting rid of the stumbling blocks
With the increase in inward remittances, individuals need to have a thorough understanding of all the options available to them, weighing all the pros and cons, before finally deciding the system through which they can remit their payments. More

ECONOMY


PM promises `bold' policy initiatives to boost growth
THE Prime Minister, Dr Manmohan Singh, today promised "bold" policy initiatives on the economic front so that public finances may be improved at all levels of Government. Calling for a reduction in "wasteful" subsidies and diversion of ... More

Coalition politics delaying reforms
THE personal goodwill enjoyed by the Prime Minister, Dr Manmohan Singh, for his simplicity and integrity, has saved the Government from critical appraisal of its one year in office, particularly in terms of management of the economy. A ... More

Visakhapatnam girijans suffer exploitation by money-lenders
IT is a familiar sight in the agency (tribal) areas of Visakhapatnam district, herds of donkeys transporting forest and agricultural produce to the plains. Behind it lays a tale of human greed, exploitation and callousness. These donkeys ... More

ENVIRONMENT


Call to protect Vembanad-Kole wetlands
THE Government should take urgent steps to procure and declare representative parts of the Vembanad-Kole wetland complex, one of the most endangered ecosystems in the State, as a protected area taking into account its uniqueness and importance as ... More

HEALTH


Vaccine prices go up in some States post-VAT
THE prices of some essential vaccines for diphtheria, pertusis (whooping cough), tetanus, polio, tuberculosis and measles have gone up in certain States after the Government implemented value-added tax (VAT) at 4 per cent. According to Mr ... More

INFRASTRUCTURE


No smart consensus
AS the United Democratic Front (UDF) Government in the State enters the last of its five-year term in office, it faces a barrage of accusations and allegations regarding its development and industrialisation agenda. The most strident and virulent ... More

PSU


KSTC posts operating profit
AFTER a gap of 14 years, Kerala State Textiles Corporation (KSTC) recorded an operating profit, amounting to Rs 1.75 crore, in 2004-05. This is against an operating loss of Rs 6.38 crore incurred in the previous year. The cash loss was reduced ... More

PETROLEUM


Scheme to strengthen PDS kerosene distribution from Aug, says Aiyar
THE Petroleum Ministry plans to launch the scheme for strengthening the distribution and marketing of kerosene under the public distribution system (PDS) by the first fortnight of August. This is to ensure that the subsidised product is made ... More

PHARMACEUTICALS


Pharma industry must focus on R&D, generics to exploit potential: CII
THE Indian pharmaceutical industry has the potential to be worth $48 billion by the 2007, said a Confederation of Indian Industry study. The industry should export domestically produced generics, and present itself as an offshore location for ... More

TEXTILES


Textile industry fears dumping from China
THE move by the US and the European Union to impose import curbs on Chinese garments has sparked off apprehensions among Indian textile sector players about the possibility of Chinese clothing items swamping the Indian market, for domestic ... More

Textile exporters `must get their pricing right'
"It would be difficult for India to compete with China and Pakistan in the selling of commodity textiles" More

`Delay in land development led to demise of many Mumbai mills'
THE delay in allowing development of mill land was "without question" one of the reasons why most of Mumbai's cotton textile mills had not survived. This had led to dwindling of workforce from 2.5 lakh workers more than a decade ago to ... More

BREWERIES


AP wine dealers against cancelling of existing licences
THE Andhra Pradesh State Wine Dealers' Association (APSWD), representing the Rs 6,500-crore liquor business in the State, has appealed to the Government to continue the old excise policy by retaining the licences of existing dealers. "The ... More

EDUCATION


CBSE results on AirTel
AIRTEL will inform over SMS the results of the Plus Two examinations of the Central Board of Secondary Education (CBSE) on May 23. According to a release from Bharti Tele-Ventures, customers can SMS the candidate's registration number to 333 to ... More

MBA course offer
THIRUVANANTHAPURAM: The Department of Business Administration, College of Engineering-Thiruvananthapuram, has called for applications to the Master of Business Administration (MBA) course it offers. The institution offers a two-year ... More

SCIENCE & TECHNOLOGY


India plans supersonic jet trainer facility
LEVERAGING the light combat aircraft (LCA) technology, India is now considering the possibility of developing its own supersonic jet trainer facility along with a multi-role medium range combat plane indigenously. Mr M. Natarajan, Scientific ... More

NRSA gets ISO certification
HYDERABAD: The National Remote Sensing Agency (NRSA) has been awarded ISO 9001:2000 certification by STQC, New Delhi, in recognition of their establishment and maintenance of quality management system, according to a NRSA statement. ... More

CINEMA


A new angle
Digital film-making lends a new angle to the making of films. A look at what it promises. More

FOREIGN DIRECT INVESTMENT


Are food chains awaiting retail FDI to set up shop?
IS the absence of any concrete roadmap on foreign investment in the retail sector making multinationals wary of investing in India just yet? Several global food and beverage chains have delayed setting up shop in the country over the last 8-10 ... More

SOCIAL WELFARE


SBH donates medical van to Ramakrishna Math
HYDERABAD: The State Bank of Hyderabad (SBH) has donated fully equipped medical van costing Rs 13.21 lakh to Ramakrishna Math. In a press release, the bank said, the van was equipped with portable X-ray, dental chair, ECG, pathological ... More

EVENTS


Expert to address power meet
HYDERABAD: Mr T.L. Sankar, IAS (Retd), an energy expert and senior advisor and former principal of the Administrative Staff College of India, has been invited to deliver the keynote address at the session on `India energy and power ... More

  • Agenda for the week

    EXPORTS & IMPORTS


    Raw sugar imports: Industry worried over policy changes
    IS the party over for raw sugar imports? This question is worrying a section of the sugar industry in the country following a change in the Foreign Trade Policy. However, another section feels there is nothing to worry due to an additional ... More

    Data discrepancies over textile exports
    The Secretary (Textiles), Mr R. Poornalingam, is understood to have underscored the importance of timely availability of trade data on textiles and clothing, specially for taking any decision on an urgent basis. More

    CO-OPERATIVES


    `Allow TUCS to exit from PDS sales'
    THE TUCS (Triplicane Urban Co-operative Society Ltd) Employees Association has demanded that the State Government compensate it for the losses it suffers in handling sales under the Public Distribution System (PDS) or relieve it of the ... More


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    Top Stories
    RBI decision to drop MIFOR needs relook


    Cell firms' Q4 revenues up 10.5 pc

    Left to caution Govt on sources of seed supply

    Fertiliser fallacies: Danger to food security

    India plans supersonic jet trainer facility

    Raw sugar imports: Industry worried over policy changes

    Short-covering may lift benchmarks

    In Focus

    BHEL Disinvestment
    China's 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
    May. 15-May. 21
    Something is rotten in fruit trade

    Ministry clarifies on gem, jewellery sector service tax

    Star India to charge 50% premium on prime time ad rates

    Talks on phosphoric acid rates fail — DAP supplies may dry up, warn fertiliser cos

    Monsoon caravan set rolling: IMD

    Govt clears DTH proposals of Space TV, Sun Direct

    Edible oil imports rise 21 per cent

    Dubbed Hollywood flicks boost box office

    Posco may sign MoU with Orissa Govt next month

    Seafood exporters file suit against US Customs — Bond requirement for shrimp imports challenged

    Inflation falls a tad on dip in food prices

    Centre's 1-year report card — `Unfinished' agenda bugs pharma sector

    `Indian textile market fastest growing in 2004'

    Aiyar for equitable sharing of oil price hike burden


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