Financial Daily from THE HINDU group of publications
Thursday, December 29, 2005
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Financial Daily from THE HINDU group of publications Thursday, December 29, 2005 |
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INDUSTRY & ECONOMY POLLUTION West Bengal may make jute bags use mandatory THE West Bengal Government, which has decided to ban plastic bags in Kolkata and other prominent towns and cities in the State, intends to make use of jute bags mandatory through suitable legislation. The State government has identified the ... More CLIMATE & WEATHER Fog dispersal mechanism to beat airline blues away — Cost-effective, eco-friendly tech available in the West is best option The William Haight technique can be adapted to produce clouds where none exist, or to disperse fog by forming clouds. More NRIS 
IMD redemption begins from today — Banks get ready with attractive products to woo fresh depositsTHE total outgo from foreign exchange reserves for the redemption of the India Millennium Deposits (IMD) would be $7.079 billion, the Reserve Bank of India said in a release today. So far, the central bank has sold foreign exchange worth $5.107 ... More
IMD redemption will not hit liquidity: Chidambaram
ICICI Bank launches credit card for NRIs ACCOUNTANCY `Redefine accounting services as accounting technology' "The most significant aspects of international trade in accountancy services were the widespread nature of local qualifications and licensing requirements." More PETROLEUM Oil cos seek transparent subsidy sharing policy `Since there are no concrete figures available, it becomes difficult for a company to work out the financial strategies' More
PHARMACEUTICALS 
Balancing affordability, intellectual propertyINDIAN drug makers woke up to opportunities ushered in by a new product patent regime in 2005. But as the day wore on, it just got more difficult. Litigation, pricing uncertainties and sheer competition forced domestic drug makers into a tight ... More POWER Power tariff hikes on cards — NTPC, SEB expenses `hauled' over the coals While NTPC accounts for around 30 per cent of the total power generated in the country, coal-fired generating stations of SEBs — which account for much of the remaining generation — are also faced with increased costs on account of coal i mports. More
Minister rules out unbundling of KSEB TAXATION 
Corporates paying over Rs 5-cr excise in metros — Large taxpayer units to be functional from April 1COME April 1, 2006, corporates which pay excise duty of over Rs 5 crore in a year and are assessed to corporation tax in any of the five specified metro cities could opt for the facility of Large Taxpayer Units (LTU) that is to be put in place by ... More
Bharat Chamber wants MAT scrapped TEXTILES AP textile traders call for bandh against VAT levy TEXTILE traders in Andhra Pradesh have called for a `textile trade bandh' on January 6, 2006 against the decision to levy VAT on all textile items. The traders would also go on relay hunger strike on January 23, 24 and 25 through out the ... More SSI Banks now target SMEs for growing asset portfolio AS interest rates for corporate credit have touched rock bottom levels and fierce competition has emerged in the home-loan and personal-loan segments, several banks have begun to see small and medium enterprises as the hot destination to build ... More PERSONAL PRODUCTS On a growth curve A buoyant economy and growing disposable income have presented several opportunities and challenges. The year ahead should see consumer goods companies driving the growth agenda. More RADIO/TV 
Big B, cricket & new content big draw for broadcastersUnlike 2004 when the broadcast industry grew like a colossus, in 2005 it was the turn of the print media to capture much of the attention and growth. More EDUCATION ISB extends deadline to accept GMAT scores THE Indian School of Business (ISB) here has extended the deadline to accept GMAT scores from prospective students till January 15, 2006. This is to facilitate applicants who are unable to take their tests due to unavailability of GMAT ... More INDUSTRY ASSOCIATIONS PHDCCI for lower spreads on commercial loans THE PHD Chamber of Commerce and Industry has suggested lower spread on the prime lending rate (PLR) charged by commercial banks on loans given to business units. The chamber has sought maximum spread or excess interest over the PLR at one per ... More
FICCI proposals to Ministry on limited liability partnerships law SCIENCE & TECHNOLOGY `Guidelines needed for stem cell research' INDIA requires guidelines to tap the tremendous potential held out by stem cells, especially in medicine, in a scientific manner and safeguarding ethical issues, the Council of Scientific and Industrial Research (CSIR) Director-General, Dr R.A. ... More MINERALS Protest against uranium project to coincide with Science Congress WHILE discussions on `Science and technology to rural areas' will be held at the upcoming Indian Science Congress in Hyderabad, scientists will conduct parallel sessions in villages, extending support to villagers against the proposed uranium ... More FOREIGN DIRECT INVESTMENT Cabinet unlikely to take up issue today — PIO investment in domestic aviation PERSONS of Indian Origin (PIO) wanting to invest in the domestic airline sector may have to wait a bit longer. The Union Cabinet, which was earlier expected to consider whether PIO investment in domestic aviation sector should be treated at ... More RURAL DEVELOPMENT To take banking to rural areas — RBI asks RRBs to offer credit cards, no frills account CUSTOMERS in rural and semi-urban areas would soon be able to access banking services such as `no frills' accounts and credit cards. The Reserve Bank of India has asked Regional Rural Banks (RRBs) to offer these facilities as a measure aimed at ... More HUMAN RESOURCES The year of the wage earner! Even as the industry rode on the BPO wave, issues such as job-hopping and shortage of skilled manpower threw up the need for fresh attitudes and perspective. More EXPORTS & IMPORTS 
Rains, freight costs hit cut-flower exportsTHE Christmas and the New Year season has turned out to be a mixed bag for the country's cut-flower exporters. Though no official estimates from South India Floriculture Association (SIFA) were available, a few exporters whom Business ... More
Karnataka plans export surge in five years TOURISM Meet to chalk out road map for eco-tourism centre THE Kerala Institute of Tourism and Travel Studies (KITTS) is taking the lead to establish an international centre for eco-tourism development in Thiruvananthapuram. As the first step towards the establishment of the centre, the institute is ... More
Coming soon, floating ayurveda centres ECONOMIC OFFENCES I-T dept analysing high-value transactions uncovered in Bengal THE Bengal Zone of the Income-Tax Department, with the help of AIR (Annual Information Report)-backed third party information, has uncovered data on large number of high value transactions. These pertain to cash deposits (of Rs 10 lakh and ... More
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Pick a Winner Stock Market Contest
Top Stories In Focus Dynamic Tirupur Trends in IT - 2005 FDI in retail sector Indian Aviation: Sky is the limit India Inc's bonus bonanza India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Dec. 18-Dec. 24 Annual info reports helping to track high value transactions: CBDT chief Coal gasification projects — ONGC may rope in Shell as joint venture partner India, Pak see no stumbling block in executing gas pipeline project — Confident of finalising project structure by April '06 German co in talks with Indian power firms for carbon credits Revised draft declaration at WTO meet a positive step: India Inc Poultry body plans floor price for egg export India's FDI record no big deal, says Yale Prof `WTO deal favours the rich'; Left plans stir Port-related infrastructure: CBDT eases norms for getting tax breaks Carbon credits trading — UN panel extends deadline for prompt start projects Domestic concerns addressed at WTO meet: Kamal Nath Govt will safeguard national interests at WTO, assures Minister — Hong Kong draft gives enough 'negotiating space' Sugar mills may delay fulfilling export obligation Large claims on account of floods — PSU insurers may trim dividend payouts `Oil marketing cos' under-recoveries continue to rise' Cable TV rate hike not to be enforced: TRAI Exports decline 11 pc in November — Apr-Nov exports up 16 pc ISRO planning for indigenous launches `Grown-ups also need diphtheria booster vaccines' |
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