Financial Daily from THE HINDU group of publications
Friday, September 09, 2005
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Financial Daily from THE HINDU group of publications Friday, September 09, 2005 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER Bay set for season's first migrant system FOR the first time during the ongoing monsoon season, the Bay of Bengal is tipped to host a cyclonic circulation migrating in from the South China Sea, signalling hope for the rain-starved north and northwest regions of the country. South ... More ECONOMY Commodity prices touch 24-year high in Aug — India, China glitter in gold sales IN August, commodity prices surged to a record 24-year high; India and China were commonly identified as the driving force behind copper, crude and gold rally. Today, the gold price has hit a record high, and the two Asian countries have helped ... More
Sensex zoom: India Inc upbeat on healthy economy
UNDP human development report focuses on India's mixed record
No change in growth assessment says Dy Governor
AP GDP set to rise 7.6 pc
Over 1,200 manufacturing cos registered in June FOREIGN TRADE India, UK agree on economic ties — Pacts on air service, oil, gas signed INDIA and the UK on Thursday agreed to cooperate on a wide range of economic issues including civilian nuclear energy and the hydrocarbon sector. "We have agreed to cooperate in civilian nuclear energy. We have also agreed that our collective ... More
India emerges as Dubai's top trading partner in gold, diamonds
JETCO to help boost trade with UK: Minister INFRASTRUCTURE Cabinet gives approval for alternative route to Leh THE Cabinet Committee on Security (CCS) has approved construction of an alternative route to Leh through Manali in Himachal Pradesh. Briefing presspersons after the meeting, the Defence Minister, Mr Pranab Mukherjee had said the new ... More PETROLEUM 
Crude prices unlikely to come down: ONGC chiefTHE ONGC Chairman, Mr Subir Raha, today said that crude prices are unlikely to come down. He was speaking to newspersons after meeting the Chief Minister, Mr Buddhadeb Bhattacharjee. "I personally feel that the oil prices should remain firm in ... More
Spurt in world oil prices unjustified, says Chidambaram
GAIL ventures into marketing of crude oil
Cairn consortium block — ONGC combine beats HPCL for crude oil purchase POWER Power Ministry mulls importing silicon steel in bulk Transformer manufacturers such as BHEL, Crompton Greaves, Alstom, EMCO and TELC have been severely hit by the rising prices of silicon steel, as also other inputs like copper. More TEXTILES Synthetic, rayon textiles exports up 12 pc SYNTHETIC and rayon textiles exports shot up to an all-time high of Rs 9,681 crore for the year 2004-05. In dollar terms, the growth in exports was about 12 per cent. According to Mr R.L. Toshniwal, Chairman, Synthetic & Rayon Textiles Export .. More SSI Andhra Bank, SIDBI to focus on financing SMEs IN tune with the Small and Medium Enterprises (SMEs) focus announced by the Union Finance Minister in his Budget speech, Andhra Bank and SIDBI (Small Industries Development Bank of India) have entered into an agreement to co-finance SMEs, service ... More PERSONAL PRODUCTS 
`Organised retail can put FMCG cos' sales margins under pressure'THE emergence of modern trade (or organised retail) is currently the biggest challenge facing FMCG manufacturers, who could see increasing pressure on sales margins as a result. This was stated by the CEO and Executive Director of FMCG company, ... More EDUCATION B.M. Khaitan group plans to replicate Assam Valley School model AFTER the success of the Assam Valley School in Tezpur, the Rs 2,000-crore B.M. Khaitan group plans to replicate the model in other parts of the country. Though the programme is in an infant stage, Mr Deepak Khaitan, Vice-Chairman and Managing ... More FOODS & FOOD PROCESSING SPS pact requirements loom over food sector exports INDIA is losing out on export opportunities as domestic producers are unable to meet the requirements of the SPS (sanitary and phytosanitary) agreement signed during the Uruguay round of WTO negotiations to safeguard the health of plant, animal ... More REAL ESTATE & CONSTRUCTION CII report upbeat on construction sector — 'Scope for project exporters to tap new markets' AN increased investment in infrastructure has led to a surge in the activities of the construction industry, according to a report by the Confederation of Indian Industry (CII). The growth wave in the sector is evident from the financial ... More PRECIOUS METALS 
Gold likely to consolidate in rangeSPOT gold prices ended marginally higher on Wednesday, as the dollar strengthened against the major currencies. Sell-off in the crude oil futures markets affected sentiment in gold, as it is considered a hedge against inflation. The US ... More DISINVESTMENT Suzuki Motor chief calls on Chidambaram The meeting comes at a time when the company is firming up plans to set up its second plant in Haryana. More FOREIGN DIRECT INVESTMENT `Chennai bests China' WHY did Nokia choose Chennai for its manufacturing plant with an investment of $150 million? Government sops? Or the lovely Chennai heat? Maybe. Maybe not. But you could leave the realms of conjecture if you read a recent report that Nokia ... More
Taiwan-based hardware cos show interest in Chennai WTO Meet on WTO & engg profession at Mangalore MANGALORE: The Officers' Association of Kudremukh Iron Ore Company Ltd will conduct a seminar on `WTO and engineering profession' here on September 13. A press release by the association said here that Mr P. Tamilvanan, Chairman of New ... More SOCIAL WELFARE FAPCCI to form NGO HYDERABAD: The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI), the 90-year-old chambers representing thousands of businesses in the State, has decided to form a non-governmental organisation (NGO). The NGO, which ... More RURAL DEVELOPMENT 
Manufacturing excellence in India — Implications for a rapidly integrating economyEVENTS Kochi B2B meet generates orders worth Rs 22 crore THE three-day Business-to-Business (B2B) meet, which concluded here today, generated business orders worth Rs 22 crore from customers across the world for products ranging from processed food to construction materials. The State Industries ... More INCOME TAX `Govt will address inconsistencies in FBT' REMOVING certain doubts over the constitutional validity of the Fringe Benefit Tax (FBT), Dr Parthasarathi Shome, Advisor to the Union Finance Minister, on Thursday sought to make it clear that FBT was not a tax on expenditure and that it was ... More EXPORTS & IMPORTS Tea Board to tackle quality issue to raise exports — Sets 200 million kg export target for 2005 THE Indian Tea Board has set an overall export target of 200 million kg (mkg) for 2005. Plans are on to produce more orthodox tea and address issues of quality and packaging to garner a bigger share of the global export market, said the Board's ... More NATURAL CALAMITIES Katrina effect: Insurance cost for projects set to harden HURRICANE Katrina has sent the jitters down the domestic non-life insurance companies who fear a major hardening of the reinsurance markets worldwide. Industry sources said that non-treaty reinsurances have already hardened in the aftermath of ... More TOURISM Ban on late night music worries Goa hotels RECENT Supreme Court directives to States to strictly control noise pollution after 10 p.m. and the latest directives of the Goa Bench of the Bombay High Court to State Government Departments concerned to implement the said Supreme Court ... More
Travel film fest on Kerala from today ECONOMIC OFFENCES Magadh SE: SEBI to take up issue with DLF THE Stock Exchange Board of India (SEBI) is likely to look into the workings of DLF Commercial Developers, the Delhi-based group that was named as the acquirer in the Bhoruka Financial Services dealings — the counter that was unlawfully ... More CARTOON 
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Top Stories In Focus BHEL Disinvestment The Yuan Revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
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Looking back Aug. 28-Sep. 3 TCS pilot project for efficient functioning of rural job scheme Hike petrol price, not diesel: Montek Tonnage tax boosts fleet strength — Outlook positive for shipping cos GAIL to begin drilling in Bengal basin in Oct No monsoon revival soon; South benefits from `break monsoon' 'As mobile base grows, so does service tax kitty' Oil Ministry not for price stabilisation fund — `Cess funds can be used to share subsidy burden' The burden of farmers' debt Money in the air Farm GDP growth declines to 1.1 pc MFs keep away from oil stocks Funding still a roadblock for biotech start-ups RBI notification on dual pricing not to impact hotels' margins China unlikely to be major steel exporter Maharashtra wants ban on kesari dal to go Cashew exports may gain on dip in global output — Delay in Indonesian, Brazil crops seen pushing up demand for Indian produce Not just wine, but beer too would flow freely! `States with VAT in place may earn higher revenues' Paper makers set to hike prices Reliance gets Rs 10,500-cr excise notice `Warning signal' on world economy Monsoon exits West; fresh southern pulse brewing |
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