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Monday, October 31, 2005


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INDUSTRY & ECONOMY

CLIMATE & WEATHER


North-East monsoon pauses to take a breath in; fresh spell likely soon
FORECASTS by the National Centre for Medium Range Weather Forecasting (NCMRWF) indicate that the northeast monsoon may have only paused for taking a breath in, before roaring back to life over the south peninsula earliest by Thursday next. Dr ... More

NRIS


NRI group sets up pilot plant to process vanilla
IF the entire quantity of an estimated 700 tonne of synthetic vanillin used in the country by various industries is substituted by natural vanillin that itself would open up tremendous potential for growing vanilla in the country. Natural ... More

ECONOMY


Reflections on the Credit Policy — Prioritise lending to small enterprises
THE markets have absorbed the benign signals that the RBI Governor, Dr Y. V. Reddy's Credit Policy sent out on October 25, 2005. There has been neither euphoria nor shock. The episode had some drama about it, partly ... More

`Maharashtra on right fiscal track'
THE Maharashtra Government has come out with its profit-loss account for the first six months. The Finance Minister, Mr Jayantrao Patil, told presspersons on Saturday that revenue receipts for the first six months stood at Rs 14,120 crore, up ... More

FOREIGN TRADE


`Indian biz sector can benefit from trade with Mauritius'
THE Indian business sector can benefit from increasing bilateral trade with Mauritius, since the island-nation provides a gateway to profit in the African market, according to Mr Rama Sithanen, Deputy Prime Minister, and Minister of Finance and ... More

`Japanese investors keen on India'
THE time is ripe for India to woo investors in Japan who are looking for new locations for investments and manufacturing facilities, according to the Indo-Japan Chamber of Commerce & Industry. A 14-member delegation of industrialists and senior . More

HEALTH


Blood donor motivators' meet in Thiruvananthapuram
THIRUVANANTHAPURAM: The Kerala Chapter of the Indian Society of Blood Transfusion and Immuno-haematology (ISBTI) and the All-Kerala Blood Donors Society (KEBS) jointly organised a conference of blood donor motivators here on Friday last. ... More

INFRASTRUCTURE


PMO reviews progress of infrastructure projects in Kerala
THE Prime Minister's Office (PMO) is monitoring the Rs 29,000-crore projects, including Rajiv Gandhi Combined Cycle power project Stage II at Kayamkulam by NTPC, LNG Terminal, Vallarpadam Container Transhipment Terminal, Gas Grid from Kochi to ... More

Tirupur convention centre
COIMBATORE: The hosiery town of Tirupur will soon sport a convention centre with facilities at international standards. The convention hall will come up in the existing India Knit Fair complex on the outskirts of Tirupur. Estimated to ... More

POWER


Tuticorin port, NLC tie up for thermal plant
THE Tuticorin Port Trust (TPT) and Neyveli Lignite Corporation (NLC) have signed an agreement for a proposed 1,000 MW thermal plant to be set up on the Tuticorin port land. Two new thermal power plants, each 500 MW capacity, at a cost of Rs ... More

UP to produce 3,870 MW more power in 5 yrs
AN additional power of 3870 MW would be generated in Uttar Pradesh in the next five years, said Mr A.K. Gupta, Industrial Development Commissioner, Government of Uttar Pradesh. He was speaking at an interactive meeting with members of the PHD ... More

STEEL


VSP expansion likely to be cleared today
THE proposed capacity expansion of the Visakhapatnam Steel Plant (VSP) from three million tonnes (mt) of liquid steel to 6.3 mt, cleared by the Union Government earlier this week, will be a shot in the arm for the industrial growth of Vizag and ... More

TEXTILES


Govt mulls flexible labour norms for textiles sector
While the existing labour laws would be applicable in case of the "core group" of workforce, firms would have the flexibility to recruit and retrench the "non-core" workers provided the unit undertakes that each of these workers is employed for at le ast 100 days a year. More

TERRORISM


Security alert across Karnataka
CITY officials are ensuring security in the face of bomb blasts at New Delhi. After a high level meeting at the State capital, the Karnataka Chief Minister, Mr N. Dharam Singh, issued a security alert across the State on Sunday. Extra ... More

Blasted site
A scene at the Sarojini Nagar Market on Sunday, a day after of series of explosions rocked the Capital.

More

EDUCATION


Follow the PERFECT formula
M. V. Kali Prasad on how to approach the November 2005 CA exams More

Special IT education package launched in Bangalore
RAMAN International Institute of Information Technology (RiiiT) has launched "IT KIDS", a special package of teaching materials, to assist students and teachers in honing IT skills. The Karnataka IT & BT Secretary, Mr M.S. Shankaralinge Gowda, .. More

INDUSTRY ASSOCIATIONS


Draw up model double taxation pact, says FICCI
TO minimise the complexities of cross-border transactions and speed up the flow of investments between India and other countries, the Federation of Indian Chamber of Commerce and Industry has suggested a few measures. To overcome taxation of ... More

India Inc's manpower costs growing faster, says Assocham
THE staff cost of India Inc is increasing at a faster rate (22 per cent) than the growth in net profit and total income. This is because of accretion in the head-count and higher pay packets, says an Assocham Eco Pulse analysis. This analysis ... More

EVENTS


`Supply chain management vital to success of products'
GOOD support services and speedy delivery mechanisms enhance the value of a company's product, almost as much as the product's inherent quality, Mr Mohamed Iqbal Dabhoiwala, Lead Consultant, Supply Chain Practice, Bristlecone India Ltd, has said. ... More

EXPORTS & IMPORTS


AILBIEA turns five
THE All-India Liquid Bulk Importers and Exporters Association (AILBIEA) celebrated its fifth anniversary on Friday amid fanfare. The Bombay Port Trust (BPT) Chairperson, Ms Neera Yadav, assured AILBIEA of all co-operation. She said that the ... More

NATURAL CALAMITIES


AP Govt seeks Rs 800-cr flood relief from Centre
ANDHRA Pradesh has sought an interim assistance of Rs 800 crore from the Centre towards relief and rehabilitation measures, following the extensive damage to crops and property due to recent heavy rains and subsequent floods. In a letter to the ... More

TOURISM


Centre earmarks Rs 488 cr for tourism projects in States
THE Ministry of Tourism has earmarked Rs 488 crore for tourism projects in various States for the current financial year without any precondition of matching grant, the Minister for Tourism, Ms Renuka Chowdhury, has said. The States, however, ... More

ECONOMIC OFFENCES


Software piracy a `middle-class' crime?
This discussion paper seeks to study the links between income levels in society and software crime. Is the middle-class in for some blame? More



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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Oct. 23-Oct. 29
US Senators push for 50 pc hike in H-1B visas

`8 pc growth rate may not be sustainable'

Govt gets ready to handle bird flu outbreak issues

Centre may allow post offices to disburse credit in rural areas

Fresh rain alert for Tamil Nadu, AP coast

FMCG sector buoyancy to continue: Adi Godrej

DSCL Energy, Agrinergy enter pact for emission reduction solutions

Fertiliser output in August close to target

India to import onions from China, Pak

`Low' materialises, tipped to intensify further

India third largest initiator of new anti-dumping measures during H1

Reliance to take up large-scale jatropha farming

Auto component makers feel China has an edge

Indian, Chinese textile producers gain, post-quotas: ILO

Govt to stockpile bird flu drugs

India Inc worried over Govt plan to ink more FTAs

Storm may survive landfall to last a while

Core sectors growth dips to 1.8% in Sept

Filing returns: Salaried class may be spared

Slowdown in world trade growth likely, says WTO

Egg exporters cash in on avian flu fears — Disease-free poultry farming helps gain advantage in global market

Depression splits into two off AP coast

Bengal Govt vetting Wal-Mart proposal — Govt favours FDI but not at the expense of local biz


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