Financial Daily from THE HINDU group of publications
Monday, January 02, 2006
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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Fog alert on as induced `low' impacts west Rajasthan
Model predictions suggest a rise in night temperatures by about two deg C over many parts of northwest India during the next 24 hours and fall in day temperature by about two-three deg C over the next two days. More

ECONOMY


`Showcase potential of Dakshina Kannada, Udupi districts'
THE Union Minister of State for Statistics and Programme Implementation, Mr Oscar Fernandes, has urged the members of trade and industry in Mangalore to showcase the potential of Dakshina Kannada and Udupi districts at the `Pravasi Bharatiya ... More

Business confidence up on sound economy, says CII outlook survey
A SOUND performance of the economy in the past six months together with improved current situation and perceptions of higher growth and capacity expansion are the reasons for the strong business confidence that prevails in the country, says a ... More

PETROLEUM


LNG shipping: Have Indian owners missed the wind?
THE just-concluded tendering process by Petronet LNG Limited for hiring an LNG ship to haul cargo from Qatar to its expanded Dahej terminal in Gujarat has exposed the claims by the domestic shipping industry that the ... More

PHARMACEUTICALS


Govt to step up monitoring of small hikes in drug prices
THE Government will step up monitoring of even small price hikes of drugs and pharmaceutical products. While currently the National Pharmaceutical Pricing Authority (NPPA) seeks explanations from companies on price hikes of over 20 per cent in a ... More

POWER


Power tariff not to be hiked in AP
APTransco (the Transmission Corporation of Andhra Pradesh), and the four DisComs (distribution companies) have decided not to hike power tariff for all categories of consumers during the year. The industrial consumers can expect a further ... More

TAXATION


Capital gain in case of transfer of immovable property — Tax experts, lawyers lash out at I-T clause
THE much debated section 50C of the Income-tax Act, decried as bad in law by both tax lawyers and practitioners, is again in the limelight, prior to another Union Budget. Chambers of commerce and industry and senior tax lawyers and practitioners ... More

EDUCATION


Fortune business school signs pacts with 2 US universities
THE Delhi-based Fortune Institute of International Business (FIIB) has signed a MoU with the School of Business, California State University Monterey Bay (CSUMB), US, and also an agreement of academic co-operation with the University of Arkansas, ... More

PRINTING


KINFRA plans industrial park for printing sector
THE Kerala Industrial Infrastructure Development Corporation (KINFRA) is looking at setting up an export-oriented industrial park for the printing sector. In addition to the `print park,' the company is also looking at setting up a `watercraft ... More

HUMAN RESOURCES


Lack of skilled labour major concern for retail sector
LACK of trained personnel has emerged as a primary area of concern for the high growth retail sector. The retail industry, which is growing at a double digit pace, has been facing an acute shortage of trained personnel. "While investment in ... More

COD — An institute with a difference
The Centre was set up with seed money from four corporates — Madura Coats, Bangalore, Bharat Bijlee, Mumbai; Bank of Baroda and MMTC. More

EVENTS


Greetings from the first citizen
The President, Mr A.P.J. Abdul Kalam, exchanging New Year greetings with a group of women at Rashtrapati Bhavan on Sunday.

More

EXPORTS & IMPORTS


SAFTA may not lead to immediate jump in imports
THE ushering in of the treaty on South Asia Free Trade Area (SAFTA) from Sunday is not expected to lead to any immediate quantum jump in imports into India since as many as 884 specific product groups have been kept on the Sensitive List where ... More

VENTURE CAPITAL


Gabriel Venture Partners to step up India investments
THE venture capital industry is poised for growth in 2006 with many global funds having raised a lot of money in 2005. The funding could possibly be in later stage capital, according to Mr Navin Chadda, General Partner, Gabriel Venture ... More

NATURAL CALAMITIES


A `disastrous' year for insurers
GRAPPLING with the after-effects of the tsunami, floods in Mumbai, Gujarat, Chennai and Bangalore and earthquake in Jammu & Kashmir, the insurance industry has recorded a loss in excess of Rs 3,000 crore. Yet, this is just a fraction of the ... More

TOURISM


Cruise packages find many takers
SEA cruises are still new to India but there seems to be enough takers for a voyage. According to Star Cruises, which set the ball rolling on domestic sea cruises by stationing the Super Star Libra on Indian waters, its one-night New ... More



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Top Stories
Business confidence up on sound economy, says CII outlook survey


Banks achieve 57% of farm credit target in H1

`Fingerprinting' to unmask anonymous Web surfers

IMD redemption pressures liquidity

Lack of skilled labour major concern for retail sector

A `disastrous' year for insurers

Flying into a turbocharged 2006

Reforming personal tax can be taxing

Can fund houses sustain the current trend?

LNG shipping: Have Indian owners missed the wind?

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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