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Saturday, August 20, 2005
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INDUSTRY & ECONOMY

EMPLOYMENT


AP favours broadening scope of employment Bill
THE Andhra Pradesh Government, while complimenting the UPA Government at the Centre for introduction of the National Rural Employment Bill in the Lok Sabha, wants it to cover eight more districts in the State. A statement from the Chief ... More

CLIMATE & WEATHER


Monsoon stays vigorous in East
THE South-West monsoon continued to be vigorous in the East as was evident from the fairly widespread rainfall with scattered heavy to very heavy rainfall recorded in Assam, east Uttar Pradesh, north of Bihar (Nepal), and Chhattisgarh during the ... More

ANTI-DUMPING


Ministry recommends dumping duty on PTFE from China
THE Designated Authority in the Commerce Ministry has recommended imposition of definitive anti-dumping duty on imported polytetrafluroethylene (PTFE) from China, used in electrical, electronic, mechanical and chemical industries. In its final ... More

ECONOMY


Economy can absorb petro-price shock
"THE prospects for the Indian economy remain encouraging," says a study by the Corporate Studies Division of the Department of Statistical Analysis and Computer Services of the RBI. But the study published in the RBI Bulletin (August 2005) ... More

ELECTRONICS


`Electronic recycling plants releasing toxic waste'
GREENPEACE, a non-profit organisation, has found that toxic wastes, including heavy metals, are released into the surrounding areas of the electronic waste recycling plants in India and China. Samples collected from several recycling units in ... More

EXCISE AND CUSTOMS


Cabinet to decide on revised Kyoto convention on customs
About 38 countries, including the European Union, Australia, New Zealand, China and Pakistan, have already signed the convention. More

FOREIGN TRADE


Singapore pact: Bengal spots sectors for investment
TAKING advantage of the recent Comprehensive Economic Co-operation Agreement (CECA) between India and Singapore and further consolidating the Look East Policy, the West Bengal Government has identified several sectors for investors of ... More

HOTELS


Grand Hyatt Mumbai bullish on busy season
SHRUGGING off the impact of the recent flooding in the city, which pushed down average occupancy in its wake, the Grand Hyatt is optimistic about business prospects in the approaching busy season. Apart from expanding its facilities with the ... More

INFRASTRUCTURE


India eyes World Bank aid for Bharat Nirman project
THE country is eyeing World Bank assistance to part-finance its ambitious Bharat Nirman project, which has been conceived to improve basic infrastructure in rural areas. "We have mentioned that India could easily absorb something of the order ... More

PETROLEUM


Qatar keen to supply 1.25 mt more LNG for short term
QATAR has indicated its willingness to supply additional 1.25 million tonnes of liquefied natural gas (LNG) to India on a short-term basis. According to a senior Petroleum Ministry official, Qatar has agreed to sign an agreement keeping the ... More

`Inadequacies in petro price mechanism will hurt economy'
IF distortions and inadequacies in the petroleum price mechanism and its existing tax structure are not corrected, the resultant chaos will hurt the economy in the long run, says a paper brought out by the Associated Chambers of Commerce and ... More

Kerosene through PDS — Plan panel expresses concern over proposed mechanism
THE Planning Commission has expressed reservations on the mechanism being worked out by the Petroleum and Panchayati Raj Ministries for strengthening the distribution and marketing of kerosene under the public distribution system (PDS). Sources ... More

PLASTICS


MCX launches plastics futures
FUTURES trading appear to be going places with plastics now joining the list of commodities. The Multi Commodity Exchange of India Ltd (MCX) on Friday launched futures trading in plastics - polypropylene (PP) and high density polyethelyne ... More

POWER


TN allows third party sale of power
POWER producers in Tamil Nadu can now sell the electricity they produce directly to a consumer other than the electricity board thanks to the Government notifying the regulations on open access framed by the Tamil Nadu Electricity Regulatory ... More

STEEL


Re-rolling steel mill inaugurated
STEEL sector is the most crucial as the country is moving into the fast lane and a number of industrial units are likely to come up in Visakhapatnam district based on the steel plant during the next 10-15 years, the Finance Minister, Mr K. ... More

SSI


Centre's move for agro industry hailed
THE Madurai District Tiny And Small Scale Industries Association (Maditssia) has welcomed the move by the Union Government move to set up an export market development fund and a dedicated financial institution, an agri-business processing and ... More

EDUCATION


Course for independent directors
THE Bombay Chartered Accountants' Society, in association with S.P. Jain Institute of Management Studies and Research, has announced its second course on independent directors' studies. The course is designed for individuals currently sitting ... More

Education expo on Australian institutes
A GROUP of 40 Australian universities and institutions is offering their courses to the Indian students in an interview exhibition-`Education Roadshow'. The exhibition, which started from Delhi, would go to several cities in the country ... More

Keltron multimedia course
THIRUVANANTHAPURAM: The Kerala State Electronics Development Corporation (Keltron) has launched the Keltron-certified Multimedia Expert Course (KCMEC) with a free multimedia computer scheme at its IT Education and Training Centre at ... More

ELECTRICAL GOODS


`Electrical industry posts healthy growth in first quarter'
THE Indian Electrical and Electronics Manufacturers' Association (IEEMA ) has reported significant growth in the industry in the first quarter of the current fiscal, especially in segments such as transmission lines, switchgear and rotating ... More

FOODS & FOOD PROCESSING


Beware of colourful ready-to-eat foods: study
THE growing demand for ready-to-eat (RTE) foods in the country has thrown up a new problem. In an effort to make food items appealing, the use of synthetic colours has gone up. If you consume excessive synthetic colours, even if they are ... More

REAL ESTATE & CONSTRUCTION


Global investment in real estate touches $457 b in '04
In Asia-Pacific, the total real estate investment of $48.3 billion represented a 74 per cent increase over 2003. Of this, 24 per cent came from cross-border investment, which has grown by over 146 per cent to reach $11.5 billion. More

Changing skyline
These high-rise buildings in Visakhapatnam present a pleasing sight. But, how safe are they?

More

INTERVIEW


`Our major problem is poor progress of economic reforms'
INFLATION of nearly 13 per cent and lack of political will to carry out economic reforms, particularly in the public sector, is a great cause of worry for the Sri Lankan economy, Ms Dushni Weerakoon, Deputy Director of the Institute of Policy ... More

EVENTS


State officials in Mumbai to plug Kochi B2B meet
BUSINESS clusters in Kerala are getting ready to showcase their wares for domestic and international markets. The venue will be the business-to-business (B2B) meeting being organised by the State Government in Kochi during the first week of ... More

IATO national meet in Kochi from Aug 26
THE 21st national convention of the Indian Association of Tour Operators (IATO) will be held in Kochi from August 26-29. The theme of this year's convention is `Incredible boom - Incredible challenges'. The convention will be inaugurated ... More

Hindu Young World Quiz in Hyderabad
Hyderabad: The Hindu Young World Quiz 2005 will be conducted in Hyderabad on August 22 at the Hari Hara Kala Bhavan from 10 a.m. Sponsored by Eveready Batteries, the event is being conducted at 12 centres. The Commissioner of Police, , ... More

NATURAL CALAMITIES


NGOs shoulder relief, rehab burden in Mumbai
After the deluge of July 26 that stopped Mumbai in its track for about a week, and dampened many a hardy Mumbaikar's spirit, those keen to make a difference are creeping out of the woodwork... literally. In early August the Maharashtra Chief ... More

TOURISM


Travel agents to Celebrate Singapore
SOME travel agents from India have joined the promotional campaign of `Celebrate Singapore' — the month-long festivities promoted by Singapore Tourism — by offering a booklet of coupons. These booklets offer special deals from ... More

Orissa to step up tourism promotion — Ropes in actress Nandita Das as brand ambassador
NANDITA Das will be the brand ambassador of Orissa Tourism, according to Mr Surjya Narayan Patro, Orissa's Tourism Minister. "Ms Das will showcase Orissa as the destination for tourists through the slogan, "Come Home to Orissa," Mr Patro told ... More

PEOPLE


ASCI chief on UN panel
HYDDERABAD: Dr Siripurapu Kesava Rao, Director-General, Administrative Staff College of India (ASCI), Hyderabad, has been nominated as a member of the prestigious United Nations Committee of Experts on Public Administration ... More


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Top Stories
Economy can absorb petro-price shock


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`Electrical industry posts healthy growth in first quarter'

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In Depth

Gender Justice
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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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