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Saturday, December 10, 2005
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INDUSTRY & ECONOMY

CLIMATE & WEATHER


TN on alert as `Fanoos' heads for coast
Strong onshore winds clocking 60-70 km/h are likely to wallop the coastal districts of south Andhra Pradesh and Tamil Nadu. More

SOCIAL SECURITY


PM to look into EPF interest rate issue
THE Prime Minister, Dr Manmohan Singh, today said that he would discuss with the Labour Ministry and officials on what could be done about the 8.5 per cent interest rate announced for the Employees Provident Fund (EPF) for the current ... More

AWARDS & HONOURS


ABN Amro salutes `earth heroes'
Another proposal is to focus on the protection of the dispersed areas and corridors around the sanctuary. Dispersing of the lions is happening due to the increase in the number of cattle, which enter the sanctuary for grazing. More

ECONOMY


NPA recovery will benefit all: Mid-year review
FASTER recovery of non-performing assets (NPAs) and improved efficiency in banking system could help banks in offering remunerative rates for savers and more attractive rates to borrowers, the Government has said in its mid-year review of the ... More

Inflation up on costlier food, manufactured items
THE annual Wholesale Price Index-based inflation rose 4.54 per cent during the week ended November 26, up from the previous week's annual rise of 4.32 per cent. The surge in the year-on-year inflation rate was largely on account of higher food ... More

Mineral policy to help boost Jharkhand's economy
The Government has received about 20 investment proposals covering mines & minerals, power and hotel industries More

`Follow Bengal model development strategy'
WEST Bengal's development experiences could be of relevance to Kerala when the State is formulating its development strategy for the next decade, said the West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee. Inaugurating the `International ... More

ENGINEERING


`New tech vital for pump sector'
TECHNOLOGICAL advancements in design and product improvement initiatives in pump manufacture is expected to have a positive impact in the industry's performance in the coming days, said Mr Vijay R. Kirloskar, Chairman and Managing Director, ... More

HEALTH


Asia Cryo-Cell, SRMC to set up research centre
THE Chennai-based Asia Cryo-Cell, which is into banking of cord blood stem cells, and Sri Ramachandra Medical College & Research Institute, have joined hands to set up a `stem cell transplant centre' within the premises of the college. The Rs ... More

PETROLEUM


States express reservations about dual pricing of LPG, kerosene
THE Petroleum Ministry's proposal to consider dual pricing for subsidised kerosene and cooking gas (LPG) has not found many takers amongst the State Governments. At a high-level meeting called by the Petroleum Ministry, representatives of ... More

PHARMACEUTICALS


Indian cos in WHO pre-qualification list for vaccines
SOME Indian companies such as Bharat Biotech, Shanta Biotech, Panacea Biotec and Serum Institute are now part of the World Health Organisation's pre-qualification list. Speaking to newspersons, Mr Alan Court, UNICEF Representative, said, "This ... More

POWER


MESCom cuts distribution losses to 13 pc
The loss reduction would translate into higher revenues for MESCom as it would make available at least 70 million units more for sale. More

BREWERIES


Beer: No more a seasonal drink?
The States that bore the brunt of the rains this year, have shown growth in beer consumption during the season. More

RADIO/TV


BBC's proposal for 20% stake in Radio MidDay okayed
NEW DELHI: BBC Worldwide's proposal to pick up 20 per cent stake in Mumbai-based FM radio operator Radio MidDay involving foreign direct investment worth Rs 11.87 crore was among the various FDI proposals cleared by the Government on ... More

EDUCATION


Aerospace varsity planned in Bangalore
SIATI would be looking at financial support from the Central and the State Governments though it would be largely self-financed. Tentatively it will require finances of the order of Rs 10-15 crore. More

SCIENCE & TECHNOLOGY


US supports Indian involvement in ITER project
THE US and other partners in the International Thermonuclear Experimental Reactor (ITER) project have invited India as a full partner in the energy venture. "The US and its ITER partners — the European Union, Russia, Japan, South Korea ... More

GENDER


Women guides
A taxi driver-cum-guide during the launch of women-driven tourism taxis in the Capital on Friday.

More

WTO


WTO Ministerial: House panel presents list of dos and don'ts
WITH the Sixth Ministerial Conference of the WTO set to begin next week in Hong Kong, the Standing Parliamentary Committee on Commerce has urged the Indian team to insist upon combining all subsidies on farm products being doled out by rich ... More

BEFI call on WTO Ministerial
THIRUVANANTHAPURAM: The All-India President of the Bank Employees Federation of India (BEFI), Mr P. Sadasivan Pillai, has called on the bank employees to make a success of the protest day on Monday (December 12) to coincide with the WTO ... More

INDUSTRIAL POLICY


National Design Policy to be unveiled in January — `Designed in India' label to assure quality
THE Department of Industrial Policy and Promotion is all set to roll out the National Design Policy as a new-year gift to Indian designers in January 2006. As per the policy, those products coming under its ambit will require to meet certain ... More

TRADE & LABOUR UNIONS


PM urges unions to respond to changing times
The Prime Minister said that the time has come to take stock of the labour laws and see how best to serve the interests of the working masses. More

EVENTS


INDIA CALLING 2005: INDIA-GULF PARTNERSHIP SUMMIT
New era of economic interaction
THE India-Gulf Partnership Summit is being viewed here as a hallmark event that signifies the new era of economic interaction between the Gulf states and India. As the first such large gathering of nearly 350 Indian and UAE industry ... More

On the summit
THE Indian Business and Professional Council, IBPC, Dubai and Indian Merchants' Chamber (IMC) are jointly organizing the 'India-Gulf Partnership Summit' in Dubai from December 9-11. The summit is being held under the patronage of Sheikh Hamadan ... More

Overcoming connectivity challenge
INDIA is one of the world's fastest growing significant economies with most macro-economic indicators favouring continued rapid progress. While annual GDP growth averaged 5.4 per cent during the Ninth Five Year Plan (1997-2002), the first three ... More

India on the cusp of FDI take-off
ON Wednesday, Mr Bill Gates announced at a press conference in New Delhi that Microsoft would invest $1.7 billion in India over the next four years. A day earlier, chipmaker Intel's Chairman, Mr Craig Barrett, who was also on an India tour, ... More

`A platform to boost biz opportunities'
EVEN while Dubai is dressing up for the mega eleventh edition of the Dubai Shopping Festival, an equally, if not more, important event for India is coming up in the City of Gold. Indian Merchants Chamber (IMC) has chosen, and rightfully so, ... More

Help varsities update syllabus, ICAI told
THE Institute of Chartered Accountants of India (ICAI) should share its expertise with Indian universities to help update the syllabus in tune with the changing times, said the Kerala Governor, Mr R.L. Bhatia. Inaugurating the 37th regional ... More

`India, China to dominate global working force'
THE Director-General of the Council for Scientific and Industrial Research (CSIR), Dr R.A. Mashelkar, said that about 40 per cent of the global working population in the next 10 to 15 years would be from India and China. Inaugurating the ... More

IAF air show on Sunday, Monday
THIRUVANANTHAPURAM: The Indian Air Force will put up an air show at the Shankumughom beach on Sunday and Monday. Mr S.Y. Savur, Air Marshal, of the Southern Air Command Headquarters told newspersons that a `formation fly past' by three ... More

INCOME TAX


I-T Dept keeping tabs on high-value transactions
HAVING successfully conducted raids on 345 entities belonging 20 industrial segments and seized Rs 14.62 crore of unaccounted money recently, the Income Tax department here has appealed to the high-income individuals and institutions to adhere to ... More

EXPORTS & IMPORTS


15 lakh t soyameal contracted for exports
AT least 15 lakh tonnes of soyameal have been contracted for exports with the delivery schedule extending up to March. However, prices for these export contracts have declined. "Soyameal exports are doing well and around 15 lakh tonnes have ... More

NATURAL CALAMITIES


Govt approves Rs 9,870-cr Tsunami package
THE Empowered Group of Ministers (atits meeting held on Friday has approved the Tsunami Rehabilitation Programme at an estimated cost of Rs 9,870 crore. Rehabilitation initiatives spread over eleven sectors were approved for the Tsunami ... More

ALTERNATIVE MEDICINES


Global ayurveda meet begins
THE four-day Global Summit on Ayruveda organised by Thrissur-based Vaidyaratnam got off to a colourful start here today with a call to carry out more research studies on this traditional system of medicine. In his inaugural address, the State ... More

TOURISM


Golden jubilee
A family takes a boat ride in the Nagarjunasagar dam to the Nagarjuna hill, which is 9 km away from the dam.

More

Kerala Tourism bags award
THIRUVANANTHAPURAM: Kerala Tourism has won the Galileo Express Travel and Tourism award for the country's best State Tourism Board. The award, which is part of an annual event, was received on behalf of Kerala Tourism by Mr Bharat ... More




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Top Stories
Bombay HC approves RIL demerger


Sumitomo group plans 3rd subsidiary in India

Forex reserves rise $921 m

PM urges unions to respond to changing times

15 lakh t soyameal contracted for exports

IRDA plans third-party risk pool for motor insurance

Beer: No more a seasonal drink?

In Focus

Trends in IT - 2005
FDI in retail sector
Indian Aviation: Sky is the limit
India Inc's bonus bonanza
India Inc's overseas acquisition
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

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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