Financial Daily from THE HINDU group of publications
Friday, August 12, 2005
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Financial Daily from THE HINDU group of publications Friday, August 12, 2005 |
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INDUSTRY & ECONOMY EMPLOYMENT 
Working it outJob seekers scanning the opportunities available from a vender selling application forms at Dalhousie Square in Kolkata. According to available estimates, the country's labour force is growing at a rate of 2.5 per cent annually and employment at ... More CLIMATE & WEATHER Subdued monsoon revival forecast INDICATIONS are that the cyclonic circulation over North Bay of Bengal could upgrade itself to a `low level cyclonic circulation' at best, leading to a less-than-robust revival of monsoon flows by Sunday. There are even some models that ... More NON-CONVENTIONAL ENERGY 
Poor transmission causing wastage, say wind energy units`The electricity board hardly does any assessment before issuing NoC on whether it possessed the required facility to clear the energy generated by the windmill farms.' More
Windmills' growth in TN due to textile update fund? ELECTRONICS 
Global electronics fair in SeptemberELCOMP India 2005, an international exhibition to showcase local manufacturing and Research and Development capabilities in the electronics industry would be held in the Capital in September. "Buyers of electronic components and sub-systems ... More FOREIGN TRADE Italian cos keen to invest in Bengal, Gujarat OVER 50 medium and large-sized Italian companies are keen to invest in West Bengal and Gujarat among other States in agri-business, food processing, petrochemicals and power sectors, according to Mr Raffaele Langella, Head of Economic and ... More
`UK could be India's bridgehead to Europe' PETROLEUM 
To cut losses of PSU oil companies — Govt hints at price hike for petro-productsTHE consumers may have to shoulder a part of the burden of the rise in international oil prices. The Petroleum Minister, Mr Mani Shankar Aiyar, today indicated that to cut losses of the state-owned oil companies, some burden would have to be ... More
ONGC to restore 70% of Bombay High output in 20 days PHARMACEUTICALS Schedule M of drugs rules revised THE Government has amended the Good Manufacturing Practices (GMP) outlined in Schedule M to the Drugs and Cosmetics Rules to ensure that manufacturing units comply with the WHO and international standards of production. Under the amended rules, ... More POWER Bengal power board restructure may miss deadline THE restructuring of West Bengal State Electricity Board (WBSEB), which includes unbundling of distribution and generation, may spill over to the extended deadline of December 2005. The board is, however, hopeful of making net profits in ... More TAXATION VAT panel to meet on August 24 STATE Finance Ministers are to meet here on August 24 under the aegis of the Empowered Committee of State Ministers on Value Added Tax (VAT). "The meeting will have an omnibus agenda. All implementation issues concerning VAT would be discussed ... More
Service tax meet in Mangalore SSI Tanstia's concern over SSI package THE Tamil Nadu Small & Tiny Industries Association (Tanstia) has expressed concern about the special financial package for small and medium industries announced by the Union Finance Minister, Mr P. Chidambaram. Reacting to the package, Tanstia .. More WATER IVRCL to set up desalination plant near Chennai IVRCL Infrastructure & Projects Ltd has bagged a Rs 500-crore contract to set up a sea water desalination plant for the Chennai Metropolitan Water Supply and Sewerage Board. The project, expected to supply drinking water to Chennai, has been ... More EDUCATION Move to set up distance learning centres of IIITs in AP THE Andhra Pradesh Government is actively considering the proposal to establish Distance Education Campuses of International Institutes of Information Technology (IIITs) in different parts of the State. Campuses would be opened in Vijayawada, ... More
Aga Khan Network in pact for quality education centre in AP REAL ESTATE & CONSTRUCTION `Infrastructure status for housing can make access to funds easier' ACCESS to low-cost institutional funds could become easier for real estate developers in the country, if a proposal to confer infrastructure status on housing sector is accepted by the Government. The Ministry of Finance has already been ... More PRECIOUS METALS 
Spot gold may test resistance levelSPOT gold prices shot higher on Wednesday amid a weaker dollar and strong crude prices post Tuesday's rate increases by the Federal Reserve. This despite, a robust growth in the job market numbers, which came in higher than market expectations at ... More METALS 
Baldev Raj is new president of Indian Institute of MetalsDR Baldev Raj, Director of Indira Gandhi Centre for Atomic Research (IGCAR) and a distinguished scientist, has been elected the Honorary President of the Indian Institute of Metals. Headquartered at Kolkata, Indian Institute of Metals is a ... More INDUSTRY ASSOCIATIONS Kerala Chamber voices concern THIRUVANANTHAPURAM: The Chamber of Commerce, Thiruvananthapuram, has expressed distress over the failure of the all-party meeting convened by the Chief Minister to consider banning traffic-choking processions and demonstrations in front of ... More KNITWEAR & HOSIERY Well knit! Once exclusively associated with `femininity', knitting has now become the cool thing to do in North America with many men signing up for knitting classes. More SCIENCE & TECHNOLOGY Medal for Dr Ahmed Kamal HYDERABAD: Dr Ahmed Kamal, Deputy Director, Organic Chemistry Division at the Indian Institute of Chemical Technology (IICT), here has been selected for the Chemical Research Society of India (CRSI) medal, for his contributions to ... More DISINVESTMENT Govt plans to offload 10 pc Nalco stake through ADR/GDRs AFTER biting dust with its bid to go ahead with the disinvestment of Bharat Heavy Electricals Ltd (BHEL), the Government is now planning the disinvestment of another profitable public sector undertaking, National Aluminium Company Ltd (Nalco) ... More WTO WTO: India to urge US to improve offer on services INDIA will press for a better commitment from the US on the crucial areas of cross border supply of services (mode 1) and movement of natural persons (mode 4) in their ongoing bilateral services negotiations, the Commerce Secretary, Mr S.N. ... More RURAL DEVELOPMENT ICICI Bank sees big scope in rural credit ICICI Bank had worked out a strategy to cover the whole of rural India in the next three years. More
AP Govt plans rural thrust thru bank linkages
Panchayats' role in public-private venture stressed
INCOME TAX I-T Dept launches quarterly filing of e-TDS returns THE Income-Tax Department, in a strong bid to move into a paperless regime through the full-fledged online filing of TDS (tax deduction at source) returns at the shortest possible time, has introduced (from the current quarter) the quarterly ... More EXPORTS & IMPORTS EEPC aims to boost exports to $30 b by 2010 THE Engineering Export Promotion Council (EEPC) has chalked out a comprehensive strategy to double engineering exports to nearly $30 billion by 2009-10 from the present level of $14.9 billion, requiring a year-on-year growth of 15 per ... More NATURAL CALAMITIES Whither Mumbai? A checklist of some basic infrastructure that the country's commercial capital desperately lacks... More
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