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Saturday, July 30, 2005
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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Overall rainfall above normal by 2 pc
THE southwest monsoon has improved its performance by turning in rainfall 2 per cent above normal as per the statistics (up to July 27) provided by the India Meteorological Department (IMD). The actual rainfall till July 27 was 426.4 mm ... More

`Low' turns into depression; landfall likely today
THURSDAY'S low-pressure area over north-west Bay of Bengal concentrated into a depression and lay centred close to Balasore off the Orissa coast on Friday afternoon. The bolstered monsoon flow will help the system churn in fast to create a ... More

ECONOMY


Inflation up on costlier manufactured items
THE annual wholesale price index-based inflation rose 4.18 per cent during the week ended July 16, up from the previous week's 4.14 per cent. The increase in the year-on-year inflation was largely due to a spurt in prices of food items, energy ... More

HEALTH


AP: Statewide awareness drive on AIDS today
MARKING the completion of the month-long AASHA (AIDS Awareness and Sustained Holistic Awareness) campaign, the State Government is taking up a series of programmes on Saturday all over the State. A national level programme will be held at ... More

INFRASTRUCTURE


`Pvt sector to be encouraged to build Kerala infrastructure'
"THE private sector will be encouraged to play a greater part in infrastructure development, especially in the area of roads and highways. The State Government would soon introduce an exclusive road development policy to facilitate public-private ... More

AP gets Rs 405 cr for road project
THE Centre has allotted Rs 405.14 crore under the Prime Minister's Gram Sadak Yojana (PMGSY) to Andhra Pradesh to take up road works. Announcing this at a press conference here on Friday, Mr J.C. Diwakar Reddy, Minister for Panchayat Raj, said ... More

PETROLEUM


AP Govt proposes creation of gas regulator, State-level boards
THE Andhra Pradesh Government is articulating a case for the creation of a Gas Regulatory Authority and State-level boards for optimal utilisation of gas reserves in the State. It has also suggested certain amendments to the proposed Petroleum ... More

Final report on PDS kerosene distribution by Sept: Aiyar
THE Petroleum Minister, Mr Mani Shankar Aiyar, said on Friday that the final report of the National Council of Applied Economic Research (NCAER) to strengthen the kerosene distribution under public distribution system (PDS) network, so that it ... More

POWER


Securing energy security highpoint of US visit: PM
THE Prime Minister, Dr Manmohan Singh, has asserted that his recent visit to the US has opened up new opportunities and possibilities for promoting India's energy security and pathways to accelerated social and economic development. Making a ... More

`Energy audit to be made mandatory after 2006'
ENERGY audit for installations having a connect load of more than 500 KW will be made mandatory after 2006. This was stated by the Managing Director of Karnataka Renewable Energy Development Ltd (KREDL), Dr B. Shivalingaiah, at a seminar on `Role ... More

KNITWEAR & HOSIERY


TN seeks aid for Tirupur dyeing units
THE Tamil Nadu Government has sought the Centre's assistance to support the dyeing units in Tirupur to set up effluent treatment facilities. In a letter to the Prime Minister, Dr Manmohan Singh, the Chief Minister, Ms Jayalalithaa, said that a ... More

PACKAGING


100 pc jute packaging for sugar restored — Go-ahead from CCEA; order to come into effect from Aug 1
THE Government has restored the 100 per cent compulsory reservation through jute packaging by the foodgrains and sugar industry. The new order is to be effective from August 1. Sources in the Government told Business Line here that this ... More

DISINVESTMENT


Govt stake sale in BHEL, Maruti put on hold
THE Congress-led United Progressive Alliance Government today confirmed that selling of Government stake in Bharat Heavy Electricals Ltd (BHEL) and Maruti Udyog Ltd (MUL) has been put on hold. The Finance Minister, Mr P. Chidambaram, told the ... More

White paper on PSUs divestment this session, says Chidambaram
THE Government would be placing a white paper on public sector disinvestments before the Parliament during the current monsoon session. In a statement placed before both houses of Parliament on the implementation of the recommendations of two ... More

RURAL DEVELOPMENT


Nabard favours more pvt sector role for rural economy
THE Chairperson of National Bank for Agriculture and Rural Development (Nabard), Ms Ranjana Kumar, has stressed on the public private partnership (PPP) model for making the rural economy viable and competitive. She was addressing a session at ... More

EVENTS


Kalam visits Kalady
The President, Mr A.P.J. Abdul Kalam, comes out of the birthplace of Adi Sankara at Kalady after the visit on Friday.

More

New stamp
(From right) Mr George Deikum, Mission Director, USAID India, actress Smriti Irani, Mr P. K. Hota, Health and Family Welfare Secretary, and Mr S. Samant, Chief Postmaster General-Delhi Circle, Department of Posts, at the launch of the new ... More

  • In Hyderabad today

    ENTREPRENEURSHIP


    FICCI arm to aid women entrepreneurs
    THE FLO (FICCI Ladies Organisation) has decided to support women entrepreneurs in exploring opportunities in jute and aroma industries and floriculture. Besides, the organisation would help the members — DWCRA (Development of Women and ... More

    NATURAL CALAMITIES


    RBI directs banks to provide assistance to rain-hit units
    THE Reserve Bank of India on Friday said it has advised banks to provide special package of financial assistance to units affected by the recent rain and floods in Maharashtra. In a release issued today, the RBI said bank branches have been ... More

    Banking operations limping back to normalcy
    BANKING operations are back on course following the two-day disruption due to the heavy downpour in Mumbai and the neighbouring districts. A few operations (ATM transactions, settlement and clearing) did suffer some minor hurdles in the last ... More

    Airlines resume flights from Mumbai
    AIR INDIA operated 15 flights on Friday morning to destinations in Europe, the US, the Gulf, South-East Asia and Africa in an effort to restore normalcy in flight operations following the re-opening of Mumbai Airport last evening. A spokesman ... More

    Maharashtra: Deshmukh puts toll at 696
    THE official death toll due to rainfall, resultant floods and landslides in Maharashtra has risen to 696, said the Chief Minister, Mr Vilasrao Deshmukh, while addressing mediapersons on Friday. The toll could rise further as more bodies could ... More

    Patalganga river cripples Mumbai industrial units
    AT 6.20 p.m. on July 26, when there was a blow-out in the skies, there was four feet of water inside the factory premises of Cadila Healthcare Ltd at Patalganga, according to Mr Vinayak Pise, Senior Manager, Human Resources. By late evening, 64 ... More

    Small, medium units take a break
    THOUGH the suburban railway line, arguably the lifeline of Mumbai, was up and running on most regular routes, the medium and small industries in the city remained functional only on paper. The various industrial estates located in the ... More

    Properties of production houses suffer damage
    SHAH Industrial Estate at Mumbai's Andheri suburb, which houses a number of entertainment companies' offices and studios, went under water following Tuesday's deluge. Reports of the damage to the estate and other offices and sets of ... More

    TOURISM


    Uttaranchal tourism targets South
    CHENNAI: The Uttaranchal Tourism Development Board is targeting the South and West to drive domestic tourism. On the international front, the focus is on arrivals from Germany, the UK and France. Mr Arun Srivastava, Director (Marketing ... More


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    Top Stories
    100 pc jute packaging for sugar restored — Go-ahead from CCEA; order to come into effect from Aug 1


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    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
    Jul. 17-Jul. 23
    `Break monsoon' scaled down; `weak monsoon' in

    Steel prices likely to firm up by September: RINL chief

    Exports rise 19 pc in first quarter

    `FMCG sector to grow over 50 pc by 2010'

    Ma Foi predicts cooling off quarter for jobs

    NELP panel calls for appointment of nodal officers

    Indian Textile Clusters, Carrera Holdings sign pact for textile consortium

    No let-up in movement of ore to steel plants

    Rajeev Chandrasekhar may tune into FM radio

    Govt fixes floor price for e-auction of coal

    Chidambaram for `measured response' to market swings

    Yuan change: No major benefit seen for textile exporters

    Iron ore market to remain in balance till 2010

    India largest recipient of World Bank aid

    Exim Bank to extend $400 m line of credit — Firms exporting to 2 CIS nations, Francophone countries likely to benefit

    Textile exports to US decline in May


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