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Monday, August 15, 2005

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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Revival of monsoon to take two more days
THE `break monsoon' phase is seen extending for another 48 hours, subsequent to which the upper air cyclonic circulation over North Bay of Bengal will concentrate into a low-pressure area leading to revival of the rain activity in central India. ... More

COURTS/LEGAL ISSUES


Some `books' are to be searched for
O, let my books be then the eloquence, writes the Bard in one of his sonnets. But the customs case of Gujarat Perstorp Electronics Ltd and Pearl Engineering Polymers Ltd that was decided upon by the apex court on August 5 was eloquence about ... More

ECONOMY


GOA - LEISURE AND BUSINESS FRIENDLY
Marching ahead
LARGELY an agrarian economy, which relied considerably on imports, trade and iron ore mining in the pre-liberation days, Goa, today, is an industrially-developing State. Known for its high-literacy rate, widespread knowledge of ... More

Agencies aiding industrial growth
THERE are a number of government agencies working in cohesion to aid industrial growth since a long time. Their style of functioning, concern towards investors and entrepreneurs and positive approach have helped Goa to emerge as ... More

Goa: A factfile
THOUGH geographically small, Goa has developed as a full-fledged and vibrant economy, thanks to its abundant resources. Right from rich natural resources and human resources, the State is blessed with a pleasant climate and a ... More

EXCISE AND CUSTOMS


Corporates have to pay Rs 1 cr excise a year to be termed `large taxpayer unit'
THE Government has decided to set the criterion of a minimum excise payment of Rs 1 crore a year for corporates to be included in the proposed large taxpayer units (LTU) scheme, which would eventually evolve into a single-window facility of all ... More

HEALTH


`Corporates have a big role to play in combating AIDS'
AIDS is a leading cause of disease burden in the country and the corporate sector has a big role to play in containing its spread and handling those infected with care, according to Dr Suniti Solomon, Founder, YRG Care, Chennai. Dr Solomon, ... More

INFRASTRUCTURE


`An ideal destination for SEZ'
"GOA is best suited for a Special Economic Zone (SEZ)", Mr P. Chidambaram, Union Minister for Finance, had said during his brief visit to Goa before the May by-elections to the State Assembly that brought to power the Congress-led ... More

`Spruce up city infrastructure'
HYDERABAD: The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, directed the officials to shore up the infrastructure in the State Capital to deal with natural disasters and cope up with contingencies such as heavy rainfall. The ... More

PSU


PSU drug cos told to build capacity for anti-retrovirals
THE fear that India may pay heavily to treat diseases like HIV/AIDS in the post-product patent regime may prove unfounded. The Government has initiated steps to ensure that drugs for this life-threatening disease are easily available. The ... More

POWER


Work towards energy independence: Kalam
THE President, Mr A.P.J. Abdul Kalam, today called upon the nation to work for attainment of environment-friendly energy independence in a time-bound manner. In his address to the nation on the eve of the 59th Independence Day, Mr Kalam said ... More

`Karnataka must give priority for setting up power plants'
THE Karnataka Government should give priority for establishing power generation plants in the State, according to the State Secretary of Communist Party of India (Marxist), Mr G.N. Nagaraj. Addressing presspersons here on Saturday, he said ... More

AP not to hike power charges next year
THE Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, on Sunday approved a six-point strategy for the power utility Andhra Pradesh Transmission Corporation (APTransco) to prevent the need to hike power charges for domestic consumers ... More

Plan panel favours thrust to N-power
CLOSE on the heels of the Centre's decision to give thrust to the nuclear generation sector, the Planning Commission has also said that the country needs to maintain its lead in Fast Breeder Nuclear Reactors. "India needs to maintain the lead ... More

SUGAR


Industry hails new norms for fixing sugarcane SMP
With the base fixed higher, the farmer loses the benefit of the premium price on every 0.1 per cent increase in recovery. More

TEXTILES


Gandhigram Trust exports curative textiles for Japan
MADURAI: The Centre for Documentation, Research and Training on Natural Dyes, a unit of Gandhigram Trust at Gandhigram, near here, has successfully exported its first batch of curative textiles to Japan. According to Mr Bharathan, a ... More

AP textiles body opposes VAT
HYDERABAD: The Andhra Pradesh Federation of Textile Associations (APFTA) has opposed the proposed imposition of four per cent value-added tax (VAT) on textiles with effect from April next year. In a press release here, the federation ... More

SSI


You may speak as small as you will
Jerry Hall, he was so small, a rat could eat him, hat and all. That's what we learned as a nursery rhyme. I'm sure Jerry would have grown up, just as we did, though that frightful line may now well suit small and medium enterprises (SME), deep in ... More

Kerala Govt organises B2B meet for small, medium units
THE Kerala Government is organising a business-to-business meet here during September 6-8 to help small and medium enterprises (SMEs) in the State to showcase their wares and access international markets. The objective of the meet is to provide ... More

EDUCATION


IIT-Kharagpur to have IP law school
THE Indian Institute of Technology, Kharagpur (IIT-KGP) will soon have a School of Intellectual Property Law, according to Mr Sanjiv Goenka, Chairman of the Board of Governors, IIT-KGP. The proposed school is likely to be named after the late ... More

FOODS & FOOD PROCESSING


Food processing park on cards
THE Goa Government is hoping to attract at least 20 units at its proposed food processing park, a pet project of the State Industries Minister, Mr Luizinho Faleiro. Mr Faleiro, a former Chief Minister, who had mooted the idea of ... More

GEMS & JEWELLERY


Gems expo gets under way in Hyderabad
ONE of the biggest shows on gems and jewellery in South India, which aims to provide a platform for jeweller-jeweller interaction, got underway on Saturday at the Hitex Exhibition Centre. The three-day, Hyderabad International Gem and ... More

REAL ESTATE & CONSTRUCTION


NTC plans to sell more properties
THE National Textile Corporation (NTC) is offloading more defunct properties into the real estate market. Fresh on the block are a 1.49-acre (6,040-sq. metre) property in Nagpur and another 12.06 acres in Belur, Howrah. It has already ... More

Build-a-Home exhibition in Thiruvananthapuram
THIRUVANANTHAPURAM: A four-day-long exhibition organised by the Indian Trade Fair Foundation, `Build-a-Home,' which got under way here has been drawing crowds. As many as 80 firms are participating in the annual event that features a ... More

PAPER, BOARD & NEWSPRINT


Biz growing; paper trade keen to move out
ANDERSON Street. Bullock carts vie for space with pedestrians, cyclists, two-wheelers and cars. It is no different from any of the other streets in Parry's. But it shares a speciality along with a handful of others in Parry's such as the ... More

INDUSTRY ASSOCIATIONS


CII survey finds healthy growth in manufacturing
THE Indian manufacturing sector reported healthy growth during April-June 2005 compared to the corresponding period in 2004, said a survey carried out by the Associations Council of the Confederation of Indian Industry (CII). Out of the 135 ... More

SCIENCE & TECHNOLOGY


Charting the seas with aplomb
NATIONAL Institute of Oceanography (NIO), the country's premier ocean research institute situated in the picturesque Dona Paula village on the outskirts of Panaji city, has a mission... "To continuously improve our understanding ... More

MINING & QUARRYING


CITU opposes bauxite mining in Vizag dist
THE memorandum of understanding signed by the State Government with the Jindal group for bauxite mining in the agency (tribal) area of Visakhapatnam district is fraught with peril for the people of the region and it will have adverse ecological ... More

DISINVESTMENT


10 pc divestment in top PSUs can fetch Rs 31,000 cr: Assocham
TAKING advantage of the boom in the stock markets, the Government can raise Rs 31,000 crore by divesting only 10 per cent of its stake in each of the top 14 PSUs, according to an Assocham Eco Pulse Study. The PSUs can fill the State coffers and ... More

EXPORTS & IMPORTS


Textile exports dip despite end of quotas
THE end of the quota regime in the global trade of textiles and clothing was supposed to herald a hectic activity in India's traditional textile and clothing exports. But the promised boom remains a pipedream with the first five months of trade ... More

TOURISM


Looking for a big leap in tourism
DELIGHTED with an annual average growth of over 15 per cent in arrivals of both domestic and foreign tourists, Goa — India's leading global tourist destination — is looking for yet another big leap in the season ... More


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Top Stories
Revival of monsoon to take two more days


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10 pc divestment in top PSUs can fetch Rs 31,000 cr: Assocham

Banks shed longs to meet credit demand

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Industry hails new norms for fixing sugarcane SMP

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In Focus

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The Yuan Revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Aug. 7-Aug. 13
Share of readymades up in rural clothing

`VAT impact on Q1 PC sales only incidental'

Flooded warehouses: Tough task for companies

Govt concerned over spiralling fuel prices: Aiyar

Indian shrimp prices slide in US market

Indo-Pak trade up 76 pc in 2004-05

Pesticide content issue — Pepsi, Coke move SC on Rajasthan HC directive

Rains rescue kharif oilseeds from gloom

Gems and jewellery sector favourite with FIIs: study

Monsoon revival subdued as `weak phase' continues

Hotel stocks attract interest

Transmission line project — CERC says no to PowerGrid's appeal for higher outlay

IVRCL to set up desalination plant near Chennai

Car sales skid 11 pc in July

Palm oil is not a saturated fat, say scientists


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