Financial Daily from THE HINDU group of publications
Wednesday, August 24, 2005
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Financial Daily from THE HINDU group of publications Wednesday, August 24, 2005 |
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INDUSTRY & ECONOMY POLLUTION `Check aerosols, retain green cover for better monsoon performance' AFFORESTATION programmes in India are at best a stopgap arrangement and certainly not enough to compensate for human activities that threaten to force a `man-made reduction in monsoon precipitation' in the country, says a leading climate ... More EMPLOYMENT UAE withdraws ban on employment visas IN a move that will have a strong impact on the UAE's expatriate labour market, the UAE Ministry of Interior has announced with immediate effect, the withdrawal of the six-month ban imposed by the immigration and residency authorities on various ... More
LS passes employment guarantee Bill — Scheme to be implemented in 200 districts in phase-I CLIMATE & WEATHER Moisture stress alert in northwest as rains run dry MOUNTING moisture stress in the rain-fed farmlands in northwest India barely a month after a capricious southwest monsoon caused the century's worst case of inundation in Mumbai is threatening to upset crop planning in these areas. The ... More NON-CONVENTIONAL ENERGY Germany to buy carbon credits from TTD solar kitchen IT'S not just devotees who are queuing up at Tirumala Tirupati Devasthanam (TTD). Also approaching the temple is Germany, though for a completely different purpose. In its efforts to reduce green house gas (GHG) emission, the German Government ... More
TNPL plans to expand wind farm capacity SOCIAL SECURITY Payments to pensioners hit CDLB finances THE Calcutta Dock Labour Board (CDLB) is facing a financial crunch because of the disbursement of payments to 7,000 pensioners. This is despite an increase in the operating income of the Board. In 2004-05, this income was Rs 27.86 crore.. ... More ANTI-DUMPING Seafood industry hopes US will lift dumping duty on shrimps HAVING made successful presentations on the impact of the December 26 tsunami, followed by field visits to showcase its impacts on the coastal villages of Nagapattinam and Cuddalore, the seafood industry is optimistic of the outcome of the ... More AWARDS & HONOURS Rajiv award THE Global Economic Council has awarded Rajiv Gandhi Shiromani Award to Dr K.M. Thomas, Vice-President, Analytical Research & Development with Aurobindo Pharmaceuticals Ltd, for outstanding individual achievement and distinguished service to the More ECONOMY Non-governmental role models are alternatives REFORMS = Privatisation. This equation now seems to have been more or less taken for granted the world over. The content of economic and financial reforms is essentially to sell or hand over businesses owned by Government to the private ... More
Infrastructure growth down at 0.5 pc in July FERTILISERS 
Single super phosphate makers seek higher subsidySINGLE super phosphate (SSP) manufacturers, under the aegis of the Fertiliser Association of India (FAI), have demanded that the present subsidy of Rs 650 per tonne be increased to Rs 1,300 per tonne. They have also demanded that the maximum ... More FOREIGN TRADE Talks for Indo-GCC FTA likely by 2006 INTENSE negotiations for a free trade agreement (FTA) between India and the Gulf Co-operation Council (GCC) are likely to be initiated by early 2006 under the framework agreement signed in August 2004. This was stated by Mr Khalifa Bin Ali ... More HEALTH Rs 860-cr DFID grant okayed for health care THE Department for International Development (DFID), UK, has agreed to provide a Rs 860-crore grant for the State's health care sector. This follows a recent visit of top DFID official Andhra Pradesh. The State Finance Minister, Mr K. ... More INFRASTRUCTURE NHAI plans Rs 1,260-cr four-laning of TN highway THE National Highways Authority of India (NHAI) plans to four-lane the Tindivanam-Tiruchi section on NH 45 in Tamil Nadu on a BOT basis at a cost of around Rs 1,260 crore. It has invited applications from companies for pre-qualification under ... More PETROLEUM High crude prices derail IndianOil Petronas' plan to set up LPG terminal THE spiralling of crude prices, leading to high refining margins, and the resultant surge in proposals to set up refineries has thrown a spanner into the works of IndianOil Petronas Pvt Ltd's (IPPL) plan to put up a Rs 250-crore LPG terminal in ... More
Bhagyanagar Gas sets up CNG mother station in Vijayawada
Feasibility study on Iran gas cracker unit expected by Jan PHARMACEUTICALS Patent regime has not increased drug prices, says Paswan INTRODUCTION of product patent since January this year has not lead to any drastic increase in drug prices, the Minister for Chemicals, Fertilisers and Steel, Mr Ram Vilas Paswan said here today. According to available data, the prices of about ... More POWER TN chamber hails move to allow third party sale of power THE Tamil Nadu Chamber of Commerce and Industry has hailed the announcement by the Tamil Nadu Government to allow third party sale of power. In a statement, the chamber President, Mr S. Rethinavelu, has said this visionary move followed the ... More
NTPC to help State utilities improve generation efficiency STEEL IISCO plans upgrade of transport facilities at Burnpur plant IISCO, now under Steel Authority of India Ltd (SAIL), has before it for consideration a plan for creation of new and upgradation of existing facilities for transportation and logistics in view of the proposed modernisation and capacity expansion ... More TAXATION Maharashtra may make VAT compensation claim of Rs 250 crore for Q1 MAHARASHTRA is likely to make a compensation claim of Rs 250 crore to the Central Government for the shortfall in tax revenues recorded by the State in the first quarter of the current fiscal on account of the introduction of State-level VAT from ... More TEXTILES PARRY'S PANORAMA 8 
Godown Street - a textile paradise in tattersTHERE are men standing outside each shop at Godown Street, once the hub of the textile business in South India, trying to coax customers into the shops selling a wide range of textiles. The chorus of `saris, salwar kameez, shirting, suiting ... ... More SSI 
CII plans to develop 7 SME clusters in SouthTHE CII-Southern Region (CII-SR) plans to initiate seven more SME clusters in Bangalore, Madurai, Coimbatore, and Hyderabad by the end of April 2006 to take the total to 10. The three other clusters are at Ambattur in Chennai and ... More WATER 
Fouled watersA scene from Nenmara near Palakkad. A study conducted by the Kerala State Council for Science, Technology and Environment has found that a majority of wells in the State are affected by faecal contamination. About 60 per cent of the population ... More RADIO/TV Big names likely in second round of bids for FM radio THE second round of bidding for FM radio licences due to commence with availability of tender documents by month end, could bring big names to the table. With prospective candidates required to get their act together shortly, fund raising ... More
TV 18 India firms up plans for Hindi news channels MEDICAL & SURGICAL EQUIPMENTS Life-saving device for heart patients WOCKHARDT Heart Hospital, which has launched specialise services for heart care in twin cities in association with Kamineni Hospital, has successfully implanted life saving automatic implantable cardioverter defibillator (AICD) or a pacemaker on ... More
New device for tumour surgery MEDICAL INSTITUTIONS & HOSPITALS Mumbai's new 1,000-bed hospital eyes medical tourists WITH an eye on medical-tourism, a 1,000-bed hospital is slated to come up close to Mumbai's Sahar International Airport. The multi-speciality hospital project is a follow-through on the BMC's (Brihanmumbai Municipal Corporation) unfinished ... More INDUSTRY ASSOCIATIONS Non-deposit-taking NBFCs under Cos Act favoured THE Associated Chambers of Commerce and Industry of India is of the view that non-deposit taking non-banking financial corporations (NBFCs) should not be governed by the Reserve Bank of India and should be regulated under the Companies Act, 1956 ... More HANDLOOM Expert panel calls for APCO restructuring AN expert committee looking into weavers' problems in Andhra Pradesh has suggested restructuring of APCO (Andhra Pradesh State Handloom Weavers Cooperative Society) board and infusion of Rs 50 crore, while making a case for a new textile ... More SCIENCE & TECHNOLOGY Tech bazaar on Aug 27 HYDERABAD: Scientific and research and development institutes can now showcase their innovations at a daylong `Technology Bazaar' to be organised here on August 27. The ICFAI Centre for Entrepreneurship Development (ICED) in a statement ... More RESORTS & AMUSEMENT PARKS Noida amusement park unveils first ride NOIDA Entertainment City, a proposed amusement park in the Delhi NCR, on Tuesday unveiled its first ride, Mega Disk'O, to a select group of kids and media. The estimated cost of the entire project is Rs 1,000 crore. Spread over an area of 147 ... More WTO Bids invited for evaluation of WTO technical assistance A STEERING committee established by the WTO Committee on Trade and Development has invited bids from individuals, teams and companies for evaluation of the trade related technical assistance (TRTA) activities of the World Trade Organisation ... More EVENTS Seminar on economic concepts BANGALORE: The Bangalore Chamber of Industry and Commerce (BCIC) will be organising a workshop on "Economic Value Added (EVA) Concepts and its Implementation" on August 26 here. Mr Sanjay Kulkarni, Managing Director, Stern Stewart & Co, ... More EXPORTS & IMPORTS Alternative to DEPB plagued with technical troubles The absence of the rider to import the very inputs that have been used in the exported product makes the DEPB payments countervail-able in terms of the WTO rules. More NATURAL CALAMITIES Mumbai motor claims now hit spares hurdle THE repair of cars damaged in the floods has been further delayed by the lack of spare parts. While insurance companies have arrived at settlements with car dealers and surveyors with respect to labour charges, the lack of spare parts could cause ... More
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Looking back Aug. 14-Aug. 20 Kadirgamar's assassination shatters Lankan peace Industry hails new norms for fixing sugarcane SMP Revival of monsoon to take two more days 10 pc divestment in top PSUs can fetch Rs 31,000 cr: Assocham Awaiting the oil after-shock Govt announces norms for textile parks scheme Will King Abdullah keep Saudi economy well-oiled? Exporting iron ore is against national interests: Tata Steel MD Consumer durables sales decline in H1 Employment Guarantee Bill: Govt agrees to Left demands Economy can absorb petro-price shock `Electrical industry posts healthy growth in first quarter' Qatar keen to supply 1.25 mt more LNG for short term |
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