Financial Daily from THE HINDU group of publications
Saturday, January 07, 2006
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Financial Daily from THE HINDU group of publications Saturday, January 07, 2006 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER 
North shivers, awaits next westerly system for respiteTHOUGH freezing from the cold wave set off by a passing western disturbance, the north and northwest of the country are ironically left waiting for a successor system whose warm, rising air in the front could offer some respite from the harsh ... More NRIS LKB hikes NRE deposit rate KOCHI: Lord Krishna Bank has increased interest rates on one year to below two-year category of NRE term deposit to 5.63 per cent from 5.60 per cent, effective from January 1. The interest rate offered on such deposits for two-years to ... More AWARDS & HONOURS Awards for 14 young scientists HYDERABAD: Fourteen young scientists from different parts of the country have received the ISCA (Indian Science Congress Association) awards from the President, Mr A.P.J. Abdul Kalam, at the 93rd chapter of the Indian Science ... More BUDGET Pre-Budget talks with industrialists THE Finance Minister, Mr P. Chidambaram, is to hold a customary pre-budget meeting here on Monday with leading industrialists of the country. Apex industry associations have had a round of discussions with the Revenue Secretary, Mr K.M. ... More ECONOMY 
Inflation lower on cheaper fruits, vegetablesTHE annual wholesale price index-based inflation rose 4.40 per cent during the week ended December 24, against previous week's annual rise of 4.62 per cent. The lower growth was mainly due to a fall in prices of fruits and vegetables and ... More FOREIGN TRADE `Chinese reforms to enable Indian law firms to set up office' LEGAL reforms in China are in the offing to facilitate Indian legal firms to set up shop in China and to help Indian companies establish their manufacturing base without any legal hindrance, according to Mr Jin Shan, Vice-President, All China ... More
India set to catch chunk of global business: Kamal Nath HEALTH Satyam deploys Oracle tech for telemedicine project SATYAM Computer Services Ltd and Oracle India have empowered the Byrraju Foundation with a technology solution that helps reach out telemedicine to about 150 villages. By deploying Oracle application, Satyam has ensured that the system will ... More
New tech to screen blood
Terumo Penpol unveils blood bags with safety features PETROLEUM GAIL team to visit Iran next week for additional LNG A DELEGATION from GAIL (India) Ltd is scheduled to visit Iran next week to discuss the issue of sourcing additional 2.5 million tonnes of liquefied natural gas (LNG) over and above the 5 mt LNG already agreed upon between the two countries, the ... More
CCEA approves funding of crude oil strategic storages PHARMACEUTICALS Fake drugs racket busted in Gujarat THE Ahmedabad police along with the Food and Drugs Control Administration (FDCA) have busted a racket where drugs were being allegedly packaged and sold under the brand names of leading pharmaceutical companies. The police on Friday arrested ... More TAXATION CAIT releases report card on VAT regime THE Confederation of All-India Traders (CAIT) has released a report card on nine months of State-level value-added tax (VAT) regime, outlining some of the concerns of trade over the new tax system. One of the main concerns highlighted in the ... More TEXTILES 
Excessive controls hampered textile industry growth: PMTHE Prime Minister, Dr Manmohan Singh, on Friday admitted that stringent domestic regulations and excessive controls have hampered the growth of the Indian textile industry, despite the vast opportunities thrown up by the freeing of global ... More SSI Raw material price hikes hurting SSIs — `No option but to close shop' SSI units are entering into rate contract with customers without a "price variation clause," which means that manufacturers will have to bear the burden of any price increase. More WATER `Educate youth on water conservation' THE Magsasay award winner Mr Rajendra Singh of Rajasthan has stressed the need for creating awareness about water conservation among youths. Delivering the keynote address at the 26th annual Kissan Mela at Koteshwara in Kundapur taluk of Udupi ... More
RADIO/TV 
29 cos participate in FM radio bidding — Govt likely to mop up over Rs 500 crTHE Government has kicked off the second phase of FM radio privatisation with over 29 companies participating in the financial bidding process for 64 frequencies in 13 metros and key cities. Initial estimates suggest that the Government is likely ... More EDUCATION Manipal U launches tutorial solution for USMLE MANIPAL Universal Learning Pvt Ltd (Manipal U), a constituent of Manipal Education and Medical Group, has launched a tutorial solution for USMLE (United States Medical Licensing Examination). Addressing presspersons here on Friday, Mr Rajen ... More LEATHER CLRI develops eco-friendly leather processing technology THE Central Leather Research Institute (CLRI) has formalised an eco-friendly technology that replaces, to a great extent, the chemical processing in the leather industry to bio-processing, reducing cost of raw materials and adding value to the ... More SCIENCE & TECHNOLOGY Science Congress to unveil Hyderabad Plan of Action HYDERABAD: There won't be any formal Declaration when curtains fall on the 93rd Indian Science Congress on Saturday. "Instead, we will come out with the Hyderabad Plan of Action by March," Dr I.V. Subba Rao, the General President of the ... More DISINVESTMENT CCEA cuts PDS foodgrains quantity, hikes issue price — Divestment in NMDC, NLC on hold THE Cabinet Committee on Economic Affairs (CCEA) today deferred a decision on disinvestments in National Mineral Development Corporation (NMDC) and the Neyveli Lignite Corporation Ltd, indicating that it had taken note of the opposition of the ... More FOREIGN DIRECT INVESTMENT Bycell proposal among FDI worth Rs 741 cr okayed THE Government today approved 44 proposals involving FDI worth Rs 741 crore including those of Swiss telecom major Bycell, CDC, Citigroup, Standard Chartered Bank, British Gas, and Adidas. The proposals that the Finance Minister, Mr P. ... More RURAL DEVELOPMENT 
NGO protestActivists of different NGOs protesting in New Delhi on Friday against the killing of tribals in Orissa. Six tribals were killed in a police firing during a protest against the proposed Tata Steel unit at Kalinga Nagar in Orissa on ... More HUMAN RESOURCES Recruitment industry's forex earnings on the rise WHILE about 4.25 lakh Indians flew out of the country last year with overseas offer letters in their pockets, the Indian recruitment industry had to tailor deeper pockets for its foreign exchange earnings. With 12-15 per cent of a recruitment ... More EVENTS FAO moots tripartite pact with India, China to wipe out hunger THE Food and Agriculture Organisation (FAO) of the United Nations has mooted a tripartite agreement between India, China and the organisation to expand the scope of its existing programme of South-South co-operation to eradicate hunger in the ... More
INCOME TAX Making amends for a lost deduction Why not permit the deduction of employment-related expenses from salary income, asks T. N. Pandey More
India Inc makes a pitch against FBT
I-T collections up 42 pc till Dec EXPORTS & IMPORTS 
Seafood exports — Chennai Port tops in value, JNPT in quantityCHENNAI Port continues to lead in seafood exports during the first eight months of the current fiscal. Chennai Port remained on top by contributing 21.92 per cent in value followed by Kochi 18.69 per cent and Vizag 16.12 per cent. However, in ... More
PIRACY Cabinet okays anti-piracy pact for Asia THE Cabinet on Friday okayed signing and ratification of Regional Cooperation Agreement on combating piracy and armed robbery against ships in Asia. It has also been decided that designation of Coast Guard would be the focal point for the ... More TOURISM Kerala: Tourism trends highlighted TOURISM is an important economic activity for Kerala, said Mr E.K. Bharath Bhushan, Principal Secretary-Tourism, Government of Kerala. Inaugurating a two-day seminar on `Issues and trends in eco-tourism development in India' organised by the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Surging Sensex Dynamic Tirupur Trends in IT - 2005 FDI in retail sector WTO - Hong Kong meet India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
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