Financial Daily from THE HINDU group of publications
Sunday, January 01, 2006
Markets (December 30)
BSE Sensex9397.93 (+74.68)
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INDUSTRY & ECONOMY

NRIS


ICICI Bank's credit cards for NRIs
ICICI Bank has launched a credit card, called `Global Indian Credit Card' for NRIs. It is an international credit card denominated in Indian rupees and will cater to NRIs visiting India. It provides the facility of supplementary cards for family ... More

COURTS/LEGAL ISSUES


Legal services offshoring may earn $600 m revenue by 2010
WITH the maturing of offshoring and increasing acceptance of India as a destination, a range of non-customer relationship management and non-transaction related services requiring not just skill but "knowledge" are being increasingly offshored ... More

ECONOMY


Reforms thrust needed to buoy economy
THE Indian economy and the stock market have been on a roll in 2005. For the third successive year, the GDP growth is expected to top 7 per cent and one encore year is practically taken for granted. This despite the ... More

Rally in commodity prices may continue in Q1
THERE is every indication that the commodity rally of late 2005 will continue into the first quarter of the New Year, if not beyond; and may flatten in the second half of 2006. In a general sense, commodity and energy prices are expected to ... More

EXCISE AND CUSTOMS


New scheme for compounding of excise, customs offences
IN an effort to prevent litigation and encourage early settlement of disputes, the Finance Ministry has introduced the facility of compounding of Central excise and customs offences. For this purpose, the Centre has come up with the Customs and ... More

FOREIGN TRADE


SAFTA holds promise if full benefits accrue: India Inc
WITH the South Asian Free Trade Agreement (SAFTA) becoming effective from January 1, 2006, there would be a major boost in the intra-regional trade and development, according to the Confederation of Indian Industry (CII). The chamber is of the ... More

HOTELS


THE YEAR THAT WAS
Hospitality sector gets a boost from buoyant economy
Among the highlights of the performance was the sharp growth in occupancies and average room rates in second-tier cities such as Indore, Jaipur, and Agra; the flood of investment in the sector by both hoteliers and new entrants; and interest in the b udget hotel segment. More

PETROLEUM


Subsidy burden: Oil cos to cough up Rs 3,274 cr for Q3 — Ministry continues with previous quarter's formula
THE upstream oil companies — Oil and Natural Gas Corporation, GAIL (India), and Oil India Ltd — will have to cough up Rs 3,274 crore as part of the subsidy burden for the third quarter of the current fiscal. According to sources, ... More

PHARMACEUTICALS


Pharma: Some agony, not much ecstasy
IF the domestic pharmaceutical industry will remember the year 2005 as the watershed year of the patent regime and sightings of growth opportunities, it will also not forget the other heartburns that came along. The much awaited pharma policy is ... More

SSI


Ministry mulls body to do biz with SMEs
THE Union Ministry of Defence is contemplating establishing a permanent body for maintaining a link between the defence purchase authority and small and medium enterprises (SMEs). This was announced by the Defence Minister, Mr Pranab ... More

WATER


Water tank cleaning is now a branded service
IF every service is in the process of being branded, why not tank cleaning too? And someone has realised the potential of just that. Tanclean Pvt Ltd has got into organised water tank cleaning services for commercial establishments and ... More

PAPER, BOARD & NEWSPRINT


Paper manufacturers upbeat as demand may remain robust
PAPER manufacturers are optimistic about the outlook for 2006 as they expect the demand to remain buoyant. Apart from the positive mood in manufacturing and exports that are expected to result in brisk demand, a major factor is that there has ... More

SCIENCE & TECHNOLOGY


Scientist bags ISCA award
HYDERABAD: Dr Ch. Srinivasa Rao, Senior Scientist at Central Research Institute for Dryland Agriculture (CRIDA), has been selected for the `Dr B.C. Deb Memorial Award for Soil/Physical Chemistry' award of ISCA (Indian Science Congress ... More



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Top Stories
H-1B professionals earning less than US counterparts: Report


Hospitality sector gets a boost from buoyant economy

Cos raise over Rs 75,000 cr from global markets in 2005

Forex down $5 b in April-September on valuation loss

Rally in commodity prices may continue in Q1

Paper manufacturers upbeat as demand may remain robust

Subsidy burden: Oil cos to cough up Rs 3,274 cr for Q3 — Ministry continues with previous quarter's formula

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
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Dec. 25-Dec. 31
NMCE unlikely to launch futures in petro products

Cable operators in a fix on HC order of only `U' certificate movies

POSCO's port project `will affect turtle nesting'

Despite flooding, investments buoy TN hopes

SC order on overloading — Truck rentals go up

`Three-fold strategy likely to raise GDP growth'

Prospects for bulk pineapple exports brighten — Pilot consignment of 5 tonnes sets sail for Dubai

Indian Oil eyeing opportunities in Africa

Paper prices to go up

Auto sector: Having a successful run

Rice exporters unlikely to make offers till mid-Jan — Millers in AP more keen on meeting levy obligations

The year of `employee' for India Inc

Mines Ministry rejects plan to sell 5 pc Nalco stake to boost NIF — Will toe DoD line if proceeds are used to expansion

Rains, freight costs hit cut-flower exports

Balancing affordability, intellectual property

Big B, cricket & new content big draw for broadcasters

Fog dispersal mechanism to beat airline blues away — Cost-effective, eco-friendly tech available in the West is best option

Consumer durables sector ends year on a high note

Debt burden of rural households up 4 pc since 1991: Survey

Holcim entry shakes up cement industry

FMCGs: The return to growth

Current account deficit widens to $7.6 b in Q2


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