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Tuesday, January 17, 2006
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INDUSTRY & ECONOMY

NON-CONVENTIONAL ENERGY


Minister calls for implementation of Hydrogen Energy Road Map
THE Government said on Monday that the National Hydrogen Energy Road Map needed to be implemented in all its dimensions. The Minister for Non-Conventional Energy Sources, Mr Vilas Muttemwar, said that following the preparation of the Road ... More

ECONOMY


`Govt must enhance Plan expenditure'
THE Government must enhance Plan expenditure, even at the cost of higher fiscal deficit, Dr S. Narayan, Former Economic Adviser to Government of India, said here on Monday. Delivering a speech on the theme `Fiscal Prudence vs Public Expenditure' ... More

CII predicts 40 pc growth in IT sector
A SURVEY conducted by the Confederation of Indian Industry (CII) has pegged a 40 per cent growth rate in information technology sector during October 2005-March 2006. The Business Outlook Survey conducted by CII's southern region for ... More

`Progress' curbs Kerala's access to Central funds
KERALA'S success in controlling population growth has hit it both directly and indirectly in terms of Central fund allocations, a working paper by the Centre for Socio-economic and Environmental Studies (CSES) has pointed out. With the Twelfth ... More

ENGINEERING


Fears over DEPB mismatch unfounded, says EEPC
According to the EEPC Chairman, there is no need for absolute withdrawal of the DEPB Scheme. More

ENVIRONMENT


Seminars to promote online carbon trading
IN order to promote online carbon trading among India companies, Asia Carbon Exchange and New Values would conduct seminars in Mumbai (on January 17) and New Delhi (on January 18). The seminars would be on the theme of "Global Online Carbon ... More

`India, China will be key in biosphere map'
INDIA and China are shaping the global biosphere and are therefore central to whether the world succeeds in building a healthy, prosperous, environmentally sustainable future for the next generation, says the Washington-based Worldwatch ... More

FOREIGN TRADE


Bangalore Chamber, Ireland body sign pact
THE Bangalore Chamber of Industry and Commerce on Monday signed a memorandum of understanding with the Dublin Chamber Of Commerce, Ireland, to establish closer cooperation for investments opportunities. The visiting Irish delegate, Mr Jean ... More

INFRASTRUCTURE


Stress on better roads
THE Minister of State for Civil Aviation, Mr Praful Patel, has said that none of the sectors will develop if the road infrastructure is not given a boost. Mr Patel, who inaugurated the Federation of Automobile Dealers' Association (FADA), ... More

PETROLEUM


Cabinet nod for India-Venezuela pact in hydrocarbon sector
Venezuela is among the top 10 crude oil producers in the world and holds among the largest proven reserves in the Western Hemisphere. More

POWER


`Ultra-mega' power plants — Generation cost to be under Rs 2 per unit
THE proposed `ultra-mega' power projects, to be set up by private players at five sites with capacities of over 4,000 MW each, are likely to generate electricity at a cost of under Rs 2 per unit. "The generation cost for these plants is ... More

KLG Systel deploys power transmission solution in UP
KLG Systel, a technology player in the power sector, has announced the deployment of Rs 21-crore technology solution for managing the transmission and distribution of power in Uttar Pradesh. "The project has been underway for over two years ... More

TAXATION


TN Chamber plea on VAT
MADURAI: The Tamil Nadu Chamber of Commerce and Industry has appealed to the Chief Minister to implement value-added tax (VAT) in the State from April 1. In a pre-budget memorandum for the interim budget for 2006-07, the chamber pointed ... More

SSI


Publicity for `One-Time Settlement' schemes not adequate: SME body
THE Industrial and Financial Reconstruction Association for Small and Tiny Enterprises (Infraste) has complained to the Reserve Bank of India over the "poor publicity" given by banks to the RBI-directed `One-Time Settlement' scheme for small ... More

EDUCATION


Marwari society to launch management, tech institute
CALL it a makeover for the 76-year old Marwari Balika Vidyalaya Society (MBVS). Being one of Kolkata's oldest organisations of its kind, the society is promoting a multi-disciplinary institute linked with overseas colleges. MBVS, which has ... More

AUTOMOBILE COMPONENTS


Auto components sector doing brisk biz at Expo
THE show-stealers at the ongoing Auto Expo in the Capital may have been the bevy of premium cars on display, but away from the limelight it is the components industry that has been quietly doing the big business at the event. Auto component ... More

CONSULTING


  • ConTec services launched

    REAL ESTATE & CONSTRUCTION


    Forum for changes to Act to prevent violation of building norms
    THE Citizens Forum for Mangalore Development has stressed the need for amending the Karnataka Municipal Act to prevent the violation of building norms. Addressing presspersons here on Monday, Mr Sylvester D'Souza, member of the core group of ... More

    Inox Leisure multiplex to open in Chennai
    The company has entered into an alliance with the Pantaloon Group, which gives Inox preferential access to real estate development that is either funded or managed by the group. More

    Residential complex in Kochi
    KOCHI: Mr K.V. Thomas, MLA, has launched the marketing of Atria, the residential complex to be set up in Kochi. Mr Shibu Baby John, MLA, inaugurated Atria's Web site. Atria is a residential complex with 76 apartments, promoted by ... More

    PRECIOUS METALS


    Dubai gold resumes 143-kg winning campaign
    THE Dubai Gold and Jewellery Group (DGJG), an association of more than 700 gold and jewellery members in Dubai, has resumed its promotions, the jewellery campaign and the gold coin campaign. The Group announced its mega winnings of 143 kilos of ... More

    READYMADE GARMENTS


    Nepal `tops' in garment exports to India
    Even though certain value addition norms and safeguards have been incorporated in the India-Nepal Trade Treaty to prevent inflow of third-country products into India, the Government has been finding it difficult to enforce them. More

    MINING & QUARRYING


    Tribals displaced by Tata Steel project — Orissa Govt to announce revised rehabilitation package soon
    THE revised compensation and rehabilitation package for villagers at Kalinga Nagar in Orissa affected by the setting up of an integrated steel-cum-iron ore mining project of the Tata Group will be announced within a month. This was indicated here ... More

    WTO


    For successful conclusion of multilateral trade talks — `Lot of work to be done post-Hong Kong'
    INDIA and the United Kingdom have said a lot of work remains to be done post-Hong Kong, if the ongoing Doha Round of multilateral trade talks under the umbrella of the World Trade Organisation (WTO) are to successfully end by the projected ... More

    RURAL DEVELOPMENT


    AP earmarks Rs 23,000 cr for rural amenities
    THE Andhra Pradesh Government plans to provide basic amenities to 21,000 villages across the State over a period of three years under `Indiramma' scheme, involving over Rs 23,000 crore, the Chief Minister, Dr Y.S. Rajasekhara Reddy, has informed ... More

    AP Minister's call
    HYDERABAD: The State Minister for Agriculture and Civil Supplies, Mr N. Raghuveera Reddy, has called for turning vast stretches of wastelands into bio-diesel plantations in order to reduce oil imports. Addressing a gathering after ... More

    EVENTS


    Break if you can
    The Auto Expo 2006 in Delhi showcased a technological breakthrough - glass that could sustain accidents, vandalism, theft and even terrorist attacks. Though the live demonstration focused on car security, the XDS Glass Protection System is now ... More

    BioAsia meet
    HYDERABAD: The third edition of BioAsia 2006, the global bio business forum organised by the Andhra Pradesh Government, will be held here during February 9-11. The Secretary, Union Department of Biotechnology, Dr M.K. Bhan, is expected ... More

    Management convention in Kochi
    KOCHI: The Kerala Management Association is organising its silver jubilee annual management convention on February 9 and 10 here at Le Meridien International Convention Centre. The theme this year is: Shrinking World - Mounting ... More

  • Engagements in Mumbai

    INCOME TAX


    Tax advantage for recent buyers of Reliance shares — Stiff tax liability for short-term sale of RIL stock
    THE shareholders of Reliance Industries, who bought the stock before the record date, may be able to book a capital loss on sale of their investments, if the company's public notice in newspapers on Monday is anything to go by. Capital loss ... More

    Maditssia wants FBT to go
    MADURAI: The Madurai District Tiny And Small Scale Industries Association (Maditssia), while partially welcoming the announcement by the Union Finance Minister, Mr P. Chidambaram, to provide relief by simplifying the fringe benefit tax ... More

    EXPORTS & IMPORTS


    Exports in December up 16 pc; April-Dec trade deficit widens
    Goaded by the sound performance of exports, the Commerce Minister is organising a meeting of exporters with the Prime Minister early next week to map out strategies and sort out the problems plaguing the exporters in particular. More

    Base import prices cut for crude palm, soyabean oils
    THE Government today revised tariff values for various vegetable oils vide customs notification 02/2006. The tariff value of crude palm oil and crude soyabean oil has been reduced marginally. These two oils dominate the country's import ... More

    TOURISM


    Out of bounds
    Crossed red flags and a signboard were put up at Kovalam beach to warn tourists against rough seas on Monday.

    More




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    The economic decline of Maharashtra


    Base import prices cut for crude palm, soyabean oils

    Committee asks SEBI to place depositories, DPs on high alert — Bank of Baroda, Andhra Bank follow-on offers

    Talks on renewal of treaties hit rough patch — No discounts, say reinsurers

    `Ultra-mega' power plants — Generation cost to be under Rs 2 per unit

    Tax advantage for recent buyers of Reliance shares — Stiff tax liability for short-term sale of RIL stock

    In Focus

    Auto Expo 2006
    IPO Scams
    FDI in retail sector
    Dynamic Tirupur
    Surging Sensex
    Gold scaling new highs
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Jan. 8-Jan. 14
    Hard choices ahead for Govt: PM

    Knowledge network, voting rights for overseas Indians soon: PM
    Easy remittance facility, special insurance planned


    FM radio: Will ad flow be music to bidders?

    ISRO in sight of foreign satellite contract

    Govt working towards zero-based Budget: Montek

    Suguna group to export 'portion' chicken to Japan

    Carbon credit: Rs 15,000-crore investments likely

    Copters to clean power lines in Northern Grid — But consumers may have to shell out more

    `Big' small cars to miss fair action

    Reliance demands compensation for selling petro products below cost price

    India in six-nation clean energy initiative

    US rate hikes near end?

    Agriculturists seek stepping up of farm sector investments

    Edible oil imports down in April-October

    Textile sector needs more reforms, investment — IMF study scenarios give little cause for cheer

    ONGC submits report on discoveries

    Left seeks restoration of 9.5% interest rate on EPF

    Volvo may bag another order for 25 buses

    SEBI unearths another IPO scam in IDFC

    Indirect tax collections up 15.73 pc in April-December

    Modernisation of airports by AAI will be okay, says Left

    Sugar coops to supply ethanol to oil PSUs

    Govt to invite EoIs for five `ultra mega' thermal power projects

    Cars drive up 8.8 pc growth in Dec — Two-wheelers stay flat; commercial vehicles down


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