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Sunday, December 11, 2005
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INDUSTRY & ECONOMY

INVESTMENTS


Coins and futures, the new road to El Dorado
THE recent surge in gold prices to a 25-year high has done much to repair the metal's image as a good investment. Its value has doubled over the past couple of years. If you already own stocks, fixed deposits and ... More

Gold Futures: For the market savvy
GOLD Futures are for those who have technical knowledge of how commodity markets operate. Mr C. J. George, MD of Geojit Securities, a commodity trading firm, agrees that as of now the majority of the trades in gold ... More

ECONOMY


Lest your wealth ends as a bubble
WHAT is wealth? It is the product of man's capacity to think, defines Ayn Rand. Wealth is a tool to measure human welfare, Bill Gates tells Bill Moyers in an interview (www.pbs.org), when recounting how he and ... More

NEWS ANALYSIS
Focus on sustaining higher economic growth
THE scorecard of the economy in the first half of the current fiscal, placed in Parliament on Friday by the Union Finance Minister, Mr P. Chidamabaram, is a mixed bag in that while it exudes justifiable satisfaction over the growth trajectory ... More

`Allow private sector in agriculture to achieve 8.1 pc GDP growth'
THE domestic private sector should be allowed to enter all areas of agriculture, including cultivation, independent of Government policies, if "we have to achieve the projected 8.1 per cent GDP growth in the Tenth Plan period." Private sector ... 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

FOREIGN TRADE


PM to discuss trade with ASEAN members
THE Prime Minister, Dr Manmohan Singh, will take part in the ASEAN Business and Investment Summit 2005 in Kuala Lumpur. He will leave for Malaysia on Sunday morning. The objective of the summit is to facilitate commerce and trade between the ... More

INFRASTRUCTURE


Air cargo biz attracts airlines, but faces infrastructure hurdles
GROWTH in air freight services to and from India, especially in the wake of the burgeoning trade in the pharmaceutical and gems and jewellery sectors, has been attracting new and existing airlines in this space. But inadequate airport ... More

SSI


Rating agency signs MoU with five banks for loans to SMEs
THE small and medium enterprises (SMEs) in the country can now hope to avail loans at softer rates. SME Rating Agency (SMERA) has signed memorandum of understanding with five commercial banks to link their credit ranking to extend credit at 2.5 ... More

RADIO/TV


CNN announces winners of Young Journalist Award
NEW DELHI: CNN International announced the winners of the CNN Young Journalist Award 2005 (CNN YJA). Mr Ravinder Sharma, Aaj Tak, won the title in the television category. Mr Anuj Chopra, who is a freelance journalist, was awarded the ... More

REAL ESTATE & CONSTRUCTION


REALTY CHECK - A BUSINESS LINE FEATURE
Not by private property alone
`The commons are often eclipsed in writings about the village...' More

Sharing a legacy
Property inheritance is often fraught with disagreements. M. V. Kali Prasad outlines some the issues involved. More

THE `REAL' MCCOY
Gains and duties
They are not directly in the picture. But if the actual sale consideration of a house is less than the value fixed by the stamp duty authorities, Section 50C of the Income-tax Act requires you to substitute this value instead of the ... More

The ground work
The plot or house you have chosen may look just right, but ensure that all the required property documents are in place, says C. H. Gopinatha Rao. More

BharatMatrimony Group launches property portal
THE BharatMatrimony Group has launched a property portal, IndiaProperty.com, entailing an investment of Rs 4.5 crore in the next one year. The portal would provide information on buying, selling and renting in real estate, the Group CEO, Mr ... More

PRECIOUS METALS


Gold, silver imports by banks drop as prices rise
IMPORTS of gold and silver by banks fell in the recent months and bankers and analysts attribute this to the galloping prices. Some banks said that there has been a 20 per cent fall in import in terms of volume in the third quarter of the ... More

MINERALS


52 MoUs for mining, but none cleared
THE recent rush for iron ore mining leases appears to have reached a dead end. The race between the three States of Orissa and the newly-created Jharkhand and Chhattisgarh for getting commitments from potential investors and the hurry for signing ... More

FOREIGN DIRECT INVESTMENT


India tops US for 2nd spot in FDI destination rankings
INDIA replaces the US as the second most attractive FDI location, up from last year's third place ranking, according to the latest Foreign Direct Investment Confidence Index, an annual survey of executives from the world's largest companies ... More

EVENTS


Govt cautious on growth projections: Chidambaram
Blames sluggishness in coal, power

GROWTH sluggishness in the vital sectors of coal and electricity has made the Government a little more cautious in making higher GDP growth projections (more than the projected overall 7 per cent) for the second half of the current fiscal, while ... More

TiEcon to bring entrepreneurs, venture capitalists on one platform
THIS year The Indus Entrepreneurs' (TiE) flagship event, `Entrepreneurship Unleashed', TiEcon India 2005, (December 15-16) to be held in the Capital, will have an additional day on December 14 that will see entrepreneurs face to face with ... More

`Corporate social responsibility necessary'
"CSR spending in the long run will turn out to be a good business proposition," Dr Irani asserted. More

INCOME TAX


Tough going for salaried class
THE Budget-making exercise has started in right earnest and, once again, the portents are ominous for the salaried class. The system of EET — Exempt, Exempt, Taxable — is likely to be introduced, and will ... More

NATURAL CALAMITIES


General insurers plan `natural catastrophe' pool
GENERAL insurance companies have decided to create a `natural catastrophe pool' to cushion themselves against rising international reinsurance rates. The General Insurance Council has appointed a technical group to examine the feasibility of ... More

Fanoos havoc
A farmer displaying paddy damaged by water-logging of his fields in Thanjavur district on Saturday. Heavy rains under the influence of cyclonic storm `Fanoos' have inundated many parts of Thanjavur and Nagapattinam districts in Tamil Nadu. The ... More




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Top Stories
52 MoUs for mining, but none cleared


Focus on sustaining higher economic growth

India tops US for 2nd spot in FDI destination rankings

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
Dec. 4-Dec. 10
Bill to amend CST Act to be introduced

For Railways, steel may indeed be worth its weight

`Growth story for paints is here'— Booming economy drives domestic market to the fore

Crop cover: Satellite images to assess claim payouts

Tax experts want wider scope for quoting PAN to check evasion

Panel for exempting contribution to superannuation funds from FBT

`Releasing ads thru DAVP not in PSUs' interest'

Cotton exports likely to top 20 lakh bales

EEPC facilitates $1-m export orders from SE Asian markets

e-encyclopaedia on traditional knowledge getting ready

China's appetite for commodities far from satiated

German textile machinery industry bets big on India

30 pc chilli output dip may hit oleoresin sector

Niche foreign retailers have big plans for India

Shrimp exporters turn innovative; revamp biz

India could become a hub for vaccine production: PM

China's auto sector set to enter critical phase

Centre tries hi-tech initiative to monitor power stations

Advanced degree H-1B visas likely to dry up soon

BMW looking to source components from India — Signs pact with TN for CKD plant

15 lakh t soyameal contracted for exports

Beer: No more a seasonal drink?

PM urges unions to respond to changing times


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