Financial Daily from THE HINDU group of publications
Wednesday, December 07, 2005
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Financial Daily from THE HINDU group of publications Wednesday, December 07, 2005 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER Bay system turns depression, churning fast to the coast THE National Centre for Medium Range Weather Forecasting (NCMRWF) maintained the fresh rain alert for coastal Tamil Nadu and south coastal Andhra Pradesh as the `low' over southeast Bay of Bengal scaled up in intensity to become a depression ... More NON-CONVENTIONAL ENERGY Funds from USO for non-conventional energy — DoT to `power' rural expansion NON-AVAILABILITY of power may not be a bottleneck for rolling out telecom services in rural areas, with the Department of Telecom mulling to fund usage of non-conventional energy from the Universal Services Obligation (USO) fund. Lack of ... More SOCIAL SECURITY EPFO may go in for interim interest rate TWO lakh subscribers of the Employees' Provident Fund Organisation (EPFO), who have retired since April this year, have not received interest till October because no interest rate has been decided yet. The EPFO's Central Board of Trustees will ... More ECONOMY China's appetite for commodities far from satiated CHINA's growth story is far from over; and every Doubting Thomas can review his stand on the Asian major, according to experts who participated at the recently concluded China Commodities Conference organised by Macquarie Research at Shanghai and ... More
HEALTH Gates to support vaccine development programmes IT WAS the philanthropist in software czar Mr Bill Gates that was at the forefront, on the first day of his visit to India. The Chairman of Microsoft and co-founder of the Bill and Melinda Gates Foundation reserved talking about software and IT ... More
New packaging, labelling norms for tobacco products soon
District-wise action plan to tackle AIDS in AP INFRASTRUCTURE 
For a smooth rideMr E. Sreedharan, Managing Director, Delhi Metro Rail Corporation, explaining the details of the proposed elevated metro rail to the Chief Minister, Mr Oommen Chandy, and the Minister for Water Resources, Mr Thiruvanchoor Radhakrishnan, in Kochi ... More PETROLEUM IOC moves up 5 places in Platts ranking INDIAN Oil Corporation Ltd said on Tuesday that it has moved five places in the Platts Top 250 Global Energy Company rankings to the 21st position this year (2005) up from 26th ranking in 2004. In a statement issued here, it said that IOC was ... More POWER Post-privatisation of distribution circles — Karnataka Govt to discontinue guarantees for power projects The condition has been included in the revised Power Purchase Agreement with Nagarjuna Power Corporation Ltd that was approved last weekend. More
KSEB pegs revenue gap at Rs 302.7 cr TAXATION Service tax collections on target THE Centre's service tax collection in the first eight months of the current fiscal were Rs 11,988.24 crore. Mr K.P. Singh, Director General, Service Tax, Central Board for Excise and Customs, said here on Tuesday that the collections were on ... More
BJP-ruled States to decide on VAT on Dec. 12 RADIO/TV Govt notifies FII/NRI investments in news channels THE Government has clarified that portfolio investments, in the form of FII/NRI deposits, would be permitted in news and current affairs channels uplinking from India within the 26 per cent foreign investment limit subject to the condition that ... More EDUCATION IPE meet focuses on management information systems THE Institute of Public Enterprise (IPE), an autonomous, non-profit educational society, here has been ranked 36th among the B-schools in the country and eighth in South India, according to a survey done by Cosmode-Business World. The IPE ... More
MEDICAL INSTITUTIONS & HOSPITALS Global TB Vaccine Foundation to set up TB lab in Chittoor AERAS, a US-based Global TB Vaccine Foundation funded by the Bill Gates Foundation, has decided to expand its operations to India by opening a specialty laboratory for TB (tuberculosis) diagnosis and immunology at Palamaner in Chittoor district ... More REAL ESTATE & CONSTRUCTION Embassy group eyes Gordon Woodroffe property in Chennai AFTER Shaw Wallace, Falcon Tyres and Dunlop, the next major sale from the Jumbo group stable could well be the land that belongs to Gordon Woodroffe Ltd. The Embassy group of Bangalore is closing in on a deal to buy about 90 acres from Gordon ... More INDUSTRY ASSOCIATIONS Indo-German Chamber to widen network THE Indo-German Chamber of Commerce, which has a system of having honorary representatives of the chamber as part of its promoting trade ties between businesses of both countries, is widening the network of honorary representatives by adding more ... More TEXTILE MACHINERY German textile machinery industry bets big on India The German trade body is seeking to step up efforts to enlarge the share for the Indian market, billed as the future potential market in the light of its importance as an alternative textile outsourcing point. More
`Widen list of textile machinery eligible for 5% import duty'
Joint venture investment in textile machinery favoured SCIENCE & TECHNOLOGY New scheme for women scientists next year A SCHEME to bring women scientists who have suffered a break in their career back into the mainstream science activity is expected to be implemented by the middle of next year, the Minister of State for Science and Technology, Mr Kapil Sibal, ... More CINEMA New year may see US studios entering India THE changes in the Hindi film industry have opened up possibilities not only for alternative themes but also for filmmakers of all genres. The metamorphosis of this industry could also see the entry of US studios into India. "The door is ... More
Bollywood scripts success stories in 2005
`Most cinemas in TN need to be upgraded' CREDIT RATING S&P keeps India's rating below investment grade GLOBAL rating agency Standard & Poor's has maintained India's sovereign rating below investment grade over fears of mounting fiscal deficit. S&P has affirmed its `BB+' long-term and `B' short-term sovereign ratings on India. The outlook on t More FOREIGN DIRECT INVESTMENT 
Niche foreign retailers have big plans for IndiaNICHE foreign retailers are making a beeline for the Indian market. In fact, despite the FDI policy pertaining to retail being unclear, over 10 foreign niche segment retailers have recently set up or announced their intention to set up shop in ... More WTO CII for lower tariff cuts by developing nations CLOSE on the heels of the Hong Kong Ministerial of the World Trade Organisation, the Confederation of Indian Industry released its position paper on Monday, supporting the proposal for tariff reduction put forward by Argentina, Brazil and India ... More
Kamal Nath to lead Indian team at WTO meet INDUSTRIAL POLICY UP blazes new trail with sugar industry promotion policy THE munificent step of the Uttar Pradesh Government in the form of new sugar industry promotion policy, announced in August 2004, has turned out to be both salutary and timely. This is despite apprehensions among some sugar mills in the State of ... More EVENTS Property exhibition at Kochi KOCHI: Kerala Builders Forum will organise "the KBF Property Expo" on December 16, 17 and 18 at the Jawaharlal Nehru International Stadium. This is the second property exhibition in the same year held by KBF. This indicates the growth ... More SOCIETY & DEVELOPMENT Donation from DRDO HYDERABAD: The Defence Electronics Research Laboratory, Director, Dr R. Sreehari Rao, and senior staff of the Lab on Tuesday presented a demand draft of Rs 1 lakh to the State Governor, Mr Sushil Kumar Shinde. The money was saved from the ... More EXPORTS & IMPORTS 
Tax exemption with riders for profit from DEPB licences — Amendment Bill introduced in LS; provisions a let down, say exportersPROFITS earned from sale or transfer of duty entitlement passbook (DEPB) licences are not to be tax-exempt across the board, as demanded by exporters. The Taxation Laws (Second Amendment) Bill introduced in the Lok Sabha by the Finance ... More
TOURISM Kerala Tourism Web site redesigned THE Kerala Tourism Minister, Mr K.C. Venugopal, on Tuesday launched Kerala Tourism's redesigned Web site. The content and structure of the site, www.keralatourism.org, has been redesigned to make it easier to use for visitors. The ... More
ECONOMIC OFFENCES Corporates under watch for tax evasion THE Revenue Department is on the prowl to check tax evasion by service providers. The corporates under watch by the Revenue department include Wipro GE Medical, IBM Global Services, TNT India, Air India, Jet Airways, Indian Airlines, ONGC Videsh ... More
AP Govt orders probe into `irregularities' in Kuppam project Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus FDI in retail sector Indian Aviation: Sky is the limit India Inc's bonus bonanza Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Nov. 27-Dec. 3 We missed the IT bus: Mukesh Ambani LIC welcomes FDI in insurance biz Tiles industry resents `dumping' by China `FMCG cos must adopt aggressive strategies to realise growth potential' AP mosambi finds space in Singapore retail shelf Good response to Indo-UK `twinning' study courses Panel on EET system of taxation submits report After H1 bull run, rice exports may slacken Govt plans to decontrol fertiliser prices; may start with SSP Infrastructure growth slows in Oct Govt expects liberal dividends from PSUs Centre to unveil pharma policy soon Rlys fears higher classification for iron ore may hit earnings BG India, ONGC to operate 3 offshore deepwater blocks |
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