Financial Daily from THE HINDU group of publications
Thursday, June 16, 2005
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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Monsoon in a weak phase; yet to progress beyond Goa
FURTHER progress of the southwest monsoon beyond Goa on the west coast is not expected until Sunday next, although Konkan and Goa, including Mumbai, may receive light to moderate rains from Friday. Model projections by the New Delhi-based ... More

AWARDS & HONOURS


  • Manager of the Year award

    COURTS/LEGAL ISSUES


    Gurgaon consumer council
    GURGAON: A consumer council is being set up in Gurgaon to address the problems being faced by citizens here under the aegis of the executive committee of the Grahak Sahayak. The move had been made to build consensus on deficiency in ... More

    FOREIGN TRADE


    To manage customs stations — Govt to set up Land Port Authority
    THE Government of India is in the process of setting up a national Land Port Authority in the country. This organisation will have the responsibility of managing the land customs stations in the country, said Dr Christy Fernandez, Additional ... More

    HEALTH


    Smoking off films, TV from Oct 2
    THE Information and Broadcasting (I&B) Ministry has finally conceded to the Health Ministry's diktat on stubbing smoking scenes in cinema and television serials. From October 2, all new movies and television shows would be banned from showing ... More

    Iron and iodine now a must for salt: Ramdoss
    SALT manufacturers will soon have to compulsorily fortify salt with iron and iodine.The Government today reinstated the ban on sale of non-iodised salt for human consumption. Speaking to newspersons, Health Minister, Dr A Ramadoss said, "We are ... More

    TeleVital to raise $10 m for e-medicare expansion
    Televital, an integrated telemedicine and e-health technology solutions company, promoted by Mr Kumar Malavalli and friends, will be raising $10 million in the next six months to expand the scope of technology and products for the healthcare ... More

    PETROLEUM


    Aiyar to meet PM today; petro prices may be revised
    THE Government is likely to take a decision tomorrow on the revision of petroleum and diesel prices. The Petroleum and Natural Gas Minister, Mr Mani Shankar Aiyar, will meet the Prime Minister, Dr Manmohan Singh, tomorrow on the issue of ... More

    `India unfazed by US opposition to Iran gas pipeline'
    THE US threats to impose sanctions on Pakistan in the event of Iran-Pakistan-India gas pipeline project taking off would not work as a deterrent, the Petroleum Minister, Mr Mani Shankar Aiyar, said on Wednesday. "I am unfazed, especially ... More

    POWER


    Bina-Nagda-Dehgam transmission lines — CERC directs PowerGrid to bear escalated cost
    THE Central Electricity Regulatory Commission (CERC) has come down heavily on PowerGrid Corporation of India Ltd (PGCIL), directing it to execute a transmission link at a "benchmark cost" suggested earlier by the utility, which formed the basis ... More

    PERSONAL PRODUCTS


    Up go prices, again
    Rising input costs and VAT are forcing companies to hike prices across various FMCG businesses. However, some economy segments are being spared. More

    EDUCATION


    Infy-Education World awards
    BANGALORE: Infosys Technologies Ltd and Education World along with Activity, announced Mr T. Sriramkumar and Mr Sanesh Kadur, as winners of the Infosys-Education World Young Achievers Award, in the junior and senior category, ... More

    Online course for Satyam staff
    HYDERABAD: Satyam Computer Services Ltd on Wednesday announced the enrolment of 136 employees in the graduate management and MBA programmes offered by Universitas 21 Global. The students come from Satyam's offices in nine different ... More

    PRECIOUS METALS


    Silver up further
    SILVER moved up further, while gold rule steady on the local bullion market on Wednesday on firm overseas market and steady buying. Pure gold .999-fineness closed steady at Rs 6,120 for 10 grams. Standard mint closed higher at Rs 6,090 for 10 ... More

    MINING & QUARRYING


    Central team assessing impact of Vedanta's mining site at Kalahasti
    A TWO-MEMBER team of the Supreme Court-appointed Central Empowered Committee visited the site of Vedanta Alumina's proposed Rs 4,500-crore alumina refinery at Lanjigarh in Orissa's Kalahandi district on Wednesday to assess if the project would ... More

    FOREIGN DIRECT INVESTMENT


    CPI(M) formalises policy on economic agenda — `FDI okay only if it enhances country's productive capacity'
    THE CPI (M) today said it had formalised its policy and approach towards globalisation, foreign capital inflow, foreign funding, privatisation and the public sector. Releasing its political and organisational report adopted at the 18th Party ... More

    EVENTS


    Engineering fair in Mangalore from Friday
    MANGALORE: A three-day State-level engineering project exhibition-cum-competition will be held in Mangalore from June 17. More than 50 projects from various engineering colleges in Karnataka will be displayed at the exhibition. ... More

    EXPORTS & IMPORTS


    Raw cashew nut imports up in line with rising kernel exports
    EVEN as cashew kernel export has increased in recent months, the industry's dependence on imported raw nuts has gone up substantially, with indigenous production failing to keep pace with the growing demand for the raw material. Export in ... More

    Input-output norms for 12 new export items notified
    NEW DELHI: THE Government has notified the standard input-output norms (SION) for 12 new export items. Out of the 12 new norms, nine relate to chemicals and allied products and three to plastic products. An official release said the ... More

    Exporters switch to long-term LCs
    DOMESTIC exporters have begun accepting long-term letters of credit (LCs) from foreign importers in a bid to ensure exchange rate stability. Bankers said that this departure to long-term LCs, for 180 days and beyond, stems from the fact that ... More

    TOURISM


    Monsoon packages from Taj group
    WITH the onset of the monsoon season across the country, the Taj group has once again come out with a package of Taj Monsoon Blockbuster Offers. According to an official statement, the offers valid from June 16 through August 31, are ... More

    ECONOMIC OFFENCES


    CVC moots integrity pact in Govt tenders
    THE Central Vigilance Commission (CVC) has advised all Government Departments to adopt the transparent system of `integrity pact' while floating tenders for major purchases and projects. The Chief Vigilance Commissioner, Mr P. Shankar, said ... 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
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    Looking back
    Jun. 5-Jun. 11
    Waking up to the pollution threat

    Assocham pitches for rural home loans at 6 pc interest

    Cotton imports may slow down: USDA

    Monsoon brings copious rains in Kerala

    TN scraps entrance test for professional courses

    `Bumper quarter' likely for pharma cos

    Power sector remains area of concern: Plan panel

    Car sales up 13 pc in May; 2-wheelers increase 22 pc

    Biotech industry revenues cross $1 b; Biocon retains top spot

    High net worth individuals in India up 14.6%: Study

    Ma Foi survey points to job market slowdown

    Relief for oleoresin units as ban on light berries pepper import goes

    In terms of per capita GDP — Karnataka, Bengal fastest growing States

    Opening monsoon `pulse' fizzles out

    Health study in Punjab shows high pesticide residues in blood

    `Indo-Thai FTA may hurt domestic cos'


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