The Hindu Business Line : Sunday, December 04, 2005

Definitive dumping duty on organic chemical proposed
THE Designated Authority in the Commerce Ministry has recommended imposition of definitive anti-dumping duty on imported organic chemical 1-Phenyl-3-Methyl-5-Pyrazolone from China. The subject goods are used in dye and pharmaceutical companies ... More

AUTOMOBILES

Auto sector: First-gear sales, top-gear valuation
AUTOMOBILE stocks are at the forefront of the market rally, which is interesting considering that the growth rates in important segments of the industry are cooling down. Is there something the market knows that we do not? Sales of trucks and ... More

ECONOMY

Local bodies should be encouraged to raise own tax revenues: Rangarajan
LOCAL bodies have to be incentivised to raise their own resources after having handed them with the power to raise adequate amount of revenues, the Chairman of the Prime Minister's Economic Advisory Council, Dr C Rangarajan, has ... More

Lack of data hampers finance panels
THE absence of credible data does hamper the efforts of State and Central finance commissions in estimating the expected transfer of resources from the State level to local bodies, said the Chairman of the Prime Minister's Economic Advisory ... More

Kerala's plan outlay for 2006-07 at Rs 6,210 cr
THE Kerala Cabinet has approved an annual plan outlay of Rs 6,210 crore for 2006-07. This works out to an increase of nearly 16 per cent or Rs 840 crore over the current annual plan outlay of Rs 5,370 crore. The annual plan, which was cleared ... More

INFRASTRUCTURE

PM launches urban mission — `Property rights can be used as collateral for financing new investment'
THE Prime Minister, Dr Manmohan Singh, today launched the Rs 1 lakh-crore Jawaharlal Nehru National Urban Renewal Mission (JNNURM) aimed at improving urban infrastructure and urban basic services in over 60 cities with a million-plus population, ... More

PETROLEUM

BPCL EGM to consider Kochi Refineries merger
MUMBAI: Bharat Petroleum Corporation Ltd (BPCL) has said it will be holding an extraordinary general meeting of its shareholders on January 16, to consider the scheme of merger between the company and Kochi Refineries Ltd (KRL). The ... More

POWER

Damodar Valley applies for more captive coal blocks
DAMODAR Valley Corporation (DVC) coupled with its subsidiary Maithon Power Ltd has applied for more captive coal blocks. Informed sources said that while MPL has applied for four captive blocks, DVC has applied for three to four blocks to feed ... More

TAXATION

Bill to amend CST Act to be introduced
THE Government is keen to strike a balance between the appellate mechanisms that existat the Central and the State level for resolving disputes under the Central Sales Tax Act. It now wants to ensure that the appellate mechanisms at both these ... More

INDUSTRY ASSOCIATIONS

With Rs 1,700 cr in kitty, Centre may not yield to industry on FBT
The Government is not averse to receiving suggestions for fine-tuning the FBT provisions More

SCIENCE & TECHNOLOGY

ISRO keen on having a bigger share of the space pie: Nair — 'Recover and renew launch vehicles' plan in conceptual issues'
ISRO was in the process of developing a new vehicle that would carry launch vehicles of load of four to five tonnes. An MoU had been signed with the European ... More

EVENTS

Meet on energy management
KOLKATA: Efficient energy management at the blast furnaces leaves a positive impact on a steel plant's profitability because the blast furnaces consume 60 per cent of the energy requirement of an integrated steel plant. Mr K.K. Khanna, ... More

Big trade houses from UAE to take part in Mumbai expo
THIS will be the third straight year that the UAE business houses come calling to India. Major business enterprises from the UAE, including Nakheel, the premier real estate company, National Bank of Dubai, Dubai Islamic Bank and Morison Menon ... More

EXPORTS & IMPORTS

EOUs highlight problems to DGFT
THE Export Promotion Council for EOUs and SEZ Units (EPCES) has impressed upon the Government the need for bolstering the EOUs which would export Rs 33,753 crore worth of goods this year. A delegation of EPCES under the Chairmanship of Mr Sharad ... More

Exim Bank, Basix pact to boost rural exports — To jointly promote livelihoods among poor households
Basix is a new generation livelihood promotion institution currently working with over 2.5 lakh poor households in 50 districts covering eight States. More