Financial Daily from THE HINDU group of publications
Monday, June 06, 2005
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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Monsoon sets in over Kerala
THE southwest monsoon has set in along the Kerala coast with the first few showers, accompanied by thunder activity, lashing Thiruvananthapuram and a few other centres early Sunday morning. An India Meteorological Department (IMD) update said ... More

OUTSOURCING


KPO: To KISS and win in US
RECENTLY, we were invited by the Indo-American Chamber of Commerce to make a presentation on `How to win BPO business in the US?' Knowledge Process Outsourcing (KPO) — is still in its infancy and is not ... More

`Design' set to join the outsourcing bandwagon
THERE'S a new sector looking to join the outsourcing club. This time it is the design world, which believes that the time has come to scout for work across the shores and sees substantial potential in setting up BPO like, but integrated, ... More

ECONOMY


CII forecasts 3 pc farm growth
THE CII expects agricultural output to increase by about three per cent this fiscal compared to one per cent in the previous fiscal. Higher growth in agriculture is likely to be driven by projection of normal southwest monsoon; improvement in ... More

AP Govt allays fears of industry on priorities
THE Andhra Pradesh Chief Minister, Dr Y. S. Rajasekhara Reddy, has allayed entrepreneurs' apprehensions over his Government's priorities. The Chief Minister was addressing a seminar on `Industrial Opportunities in Andhra Pradesh' organised ... More

Karnataka plans to export goods worth Rs 60,000 cr
THE Karnataka Industries Minister, Mr P.G.R. Sindhia, has said that the State is planning to export goods worth Rs 60,000 crore during the current financial year. Presenting the `KCCI Export Awards 2004', organised by the Kanara Chamber of ... More

FOREIGN TRADE


`India hopeful of FTA with Singapore soon'
THE South Asian Free Trade Agreement (SAFTA) is expected to be signed by January 2006, while India is hopeful of a free trade agreement with Singapore very soon, said Mr S.N. Menon, Secretary in the Union Ministry of Commerce and Industry. ... More

TEXTILES


Foundation stone laid for hi-tech weaving park in Namakkal dist.
THE foundation stone for the Cauvery Hi-Teach Weaving Park, one of the three powerloom weaving parks projects approved by the Centre in Tamil Nadu, was laid today in Namakkal district. The State Finance Minister, Mr C. Ponnaiyan, who laid the ... More

Merger of 2 textile infrastructure schemes on cards
THE Ministry of Textiles is keen to merge two existing infrastructure development schemes viz., Textile Centres Infrastructure Development Scheme (TCIDS) and Apparel Parks for Export (APE) Scheme to infuse a sense of synergy for the overall ... More

WATER


Rs 675-cr plan to solve drinking water woes in AP
THE Andhra Pradesh Government has finalised a Rs 675-crore action plan to solve drinking water problems in all fluoride-affected habitations in next three years. This is expected to benefit 28 lakh people. Reviewing drinking water supply ... More

BREWERIES


New liquor policy in AP to make premium brands costlier
THE recent changes in the State liquor policy have pushed up the prices of some of the premium liquor brands, created distortions in the industry, encouraged bootlegging and is set to drill a hole into the overall revenues to the State ... More

RADIO/TV


Health, I&B ministers to discuss ban on smoking scenes
THE Health Minister, Dr Anbumani Ramadoss, and the Information and Broadcasting (I&B) Minister, Mr S. Jaipal Reddy, are expected to meet later this month to discuss the implementation of the ban on smoking scenes shown in cinema and ... More

EDUCATION


On how not to set a question paper
A CIMA Stage 3 problem in `management accounting techniques' begins thus: "County Preserves produce jams, marmalade and preserves." And question 2(a) of the May 2005 CA Final paper on `cost management' begins this way: "C Preserves produces Jams, ... More

BEVERAGES


When they sleep, shouldn't we be awake?
THIS week, there is an unusual mail from a reader with a link to Horlicks. How I wish I simply clicked it and presto a hot cup of the drink materialises on my desk, reminding me of schooldays when we downed litres of it in pursuit of the mirage ... More

INDUSTRY ASSOCIATIONS


Assocham pitches for rural home loans at 6 pc interest
THE Associated Chambers of Commerce and Industry of India (Assocham) has called for a new National Housing and Habitat Policy aimed at promoting rural housing under Bharat Nirman Project with a minimum interest rate of six per cent and lock-in ... More

EVENTS


Workshop on forest produce
HYDERABAD: The National Institute of Rural Development (NIRD) under the Union Ministry of Rural Development will organise a two-day national workshop on `Non-Wood Forest Produce (NWFP) policy' from June 7. The workshop, slated to be ... More

  • In Hyderabad today
  • Agenda for the week

    EXPORTS & IMPORTS


    China and ASEAN: India's emerging markets
    THERE HAS been a remarkable shift from west to east. Till last year the US was the sole power driving India's global trade. But no more, with the emergence of China and the Association of South-East Asian Nations ... More

    Cotton imports may slow down: USDA
    COTTON imports into the country may slow down on wider adoption of Bt (Bacillus thuringiensis) cotton in the medium term. Also, the country has potential to produce enough cotton to meet the demand of spinning mills, says an arm of the US ... More

    China among top 5 for Indian exports
    CHINA is among the top five destinations of Indian exports according to the latest available disaggregated merchandise trade data for 2004-05. The top five destinations sorted on the basis of the growth rated in dollar terms in 2004-05 over ... More

    TOURISM


    KTDC to invest Rs 30 cr in tourism infrastructure
    OVER the next few months, the Government-owned Kerala Tourism Development Corporation Ltd (KTDC) will invest over Rs 30 crore in various ventures intended to improve the tourism infrastructure in the State. Besides building two new hotels, the ... More

    Tour operators seek relief on service tax on in-bound packages
    FACED with eroding competitiveness in world markets, Indian tour operators have now sought relief on the service tax payable by them on in-bound tour packages. The Indian Association of Tour Operators (IATO), which represents the interests of ... More



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    In Focus

    BHEL Disinvestment
    China's revaluation
    Dabhol power regenerated
    Tracking the rains
    Sethusamudram Canal Project
    India Inc's overseas acquisition
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    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    May. 29-Jun. 4
    Concessional import quota for edible oils, corn unchanged

    CII against job quotas in pvt sector

    NACO's figures on AIDS kick up storm

    Tax on cash withdrawals takes effect

    Household assets: Ownership pattern

    CSIR body projects 34 pc deficit rainfall in June

    ACC, Aditya Birla cos post higher cement shipments for May

    J&J to bring in new line of treatment for blood cancer

    Campco wins order to export arecanut to Pak

    Mines Ministry against disinvestment of Nalco

    Hatchet to come down on indirect tobacco advertising


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