Financial Daily from THE HINDU group of publications
Thursday, February 16, 2006
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Financial Daily from THE HINDU group of publications Thursday, February 16, 2006 |
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INDUSTRY & ECONOMY NRIS Cabinet gives nod for voting rights for NRIs IN a major move the Union Cabinet today approved the grant of voting rights to non-resident Indians (NRIs). A decision was taken to amend the Representation of the People Act 1950 to amplify the definition of "ordinarily resident" to include ... More NON-CONVENTIONAL ENERGY Srei unveils new loan scheme for solar water heaters SREI Renewable Energy Unit, promoted by Srei Infrastructure Finance, today launched, on a test basis, in Bangalore, its `Retail Finance Scheme for Solar Water Heating Systems'. Under the scheme, a low subsidised interest rate is offered, to ... More BUDGET 
Biscuit manufacturers seek reduction in taxesBiscuit manufacturers today said they might resort to price increase if the forthcoming Budget fails to bring them excise relief. "The high rates of taxation coupled with the steep increase in the prices of inputs like wheat flour, sugar and ... More ENVIRONMENT Closure notice to brick kilns KOCHI: The Ernakulam District Collector has ordered closure of all brick kilns functioning in Kadungalloor Panchayat. The Collector had asked the Panchayat Secretary to file a report after ensuring that all clay extraction and the ... More EXCISE AND CUSTOMS 
$14-17/t hike in tariff values for veg oilsTHE Union Government on Wednesday raised the tariff values or the base price at which the customs duty are calculated for vegetable oils. This comes after it cut the values thrice this year. While the values for the palm group of oil have ... More
Plea against excise duty on refined oils PSU Stake sale in ONGC, GAIL: JM Morgan, Citi Financials IOC's merchant bankers INDIAN Oil Corporation (IndianOil) has nominated JM Morgan and Citi Financials as merchant bankers for sale of part of its shareholding in Oil and Natural Gas Corporation and GAIL (India) Ltd. Both the merchant bankers would advise the company ... More PETROLEUM Lower crude supplies may affect Numaligarh Refinery output NUMALIGARH Refinery Ltd (NRL), which is suffering from low capacity utilisation, is set to end the year with production lower than the targeted 2.2 million tonnes (mt). The BPCL subsidiary has a capacity to refine three mt of light sweet ... More
Iran pipeline project: Pakistan Minister coming today POWER `Hydel power capacity to be raised by 10,000 MW' THE Government is likely to add about 10,000 MW of hydro-electric generation capacity during the Tenth Plan, the highest ever capacity addition from hydro sector in any Plan period. A capacity of 5,380 MW has already been added in the Tenth ... More
Phase I of Dabhol plant to be restarted from May 15 TAXATION `Service tax inflow may touch Rs 23,000 crore' Mr K.P.Singh, Director General of Service Tax, said all kinds of maintenance and repairs, including software, came under the purview of the tax. More WATER 
Kerala Govt clears plan to set up Periyar river authorityTHE State Government has given its nod for setting up Periyar River Authority so as to conduct regular monitoring and suggest measures to improve the quality of the river. The authority, which was constituted considering the suggestions from ... More RADIO/TV `Unified licence favours telecom sector' — Broadcasters want IPTV under cable law TELEVISION broadcast companies including Star India, Zee Network and ASC Enterprises have told the Telecom Regulatory Authority of India (Trai) that the existing unified licensing regime was heavily loaded in favour of telecom operators. ... More EDUCATION Survey throws light on poor state of school education GOOD news for those who are worried about the state of affairs with regard to education is that 93.4 per cent of children in the age group of 6-14 years are enrolled into schools. Bad news is 51.9 per cent (in the age group of 7-14 years) of ... More
IIITM-K course FOODS & FOOD PROCESSING Food processing park inaugurated in Bengal THE Rs 18-crore food processing park on 50 acres of land at Sankrail, Howrah district, with world-class infrastructure facilities, was inaugurated today by the West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee. The park is located 28 km ... More INDUSTRY ASSOCIATIONS AP Chamber flays move to restrict courier service THE move to restrict courier companies from carrying letters weighing less than 500 gm came in for sharp criticism from the trade and business chambers in the State. The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI), ... More TEXTILE MACHINERY Non-woven technology meet in Combatore THE Confederation of Indian Industry, Coimbatore, in association with the Southern India Mills Association (SIMA), is conducting a seminar on `non-woven technology' here on Friday. The seminar will focus on machinery, market and case studies of ... More SCIENCE & TECHNOLOGY Digital imaging catches on in Indian film industry CINEMA has increasingly become technology heavy. Not only are computer graphics imaging or 3D animation picking up, film content itself is going digital with more graphics and visual effects. "Today the storyline incorporates the use of digital ... More RURAL DEVELOPMENT Rural NGOs seek revolving cash credit from Nabard Plans under way for CNRI-Shops across the country to market NGO/SHG products. More EVENTS Artisans' meet in Kottayam KOTTAYAM: The State conference of the Artisans' Federation of India (AFI) will be held at CSI Retreat Centre, Kottayam on Friday and Saturday. The Federation aims at safeguarding the interests of more than 15 crore of the traditional ... More
INTUC meet on Friday
Lightning safety EXPORTS & IMPORTS `Textile exports to US, EU show big growth' THE country's textile exports in the non-quota regime, effective from January 1, 2005, has registered a phenomenal growth in market share in the US and European Union. This was stated by Mr Shankarsinh Vaghela, Union Textile Minister, who was ... More
`Credit insurance essential in export management' ECONOMIC OFFENCES LPG cylinders seized KOCHI: The Civil Supplies Corporation officials have seized 36 domestic LPG cylinders from commercial institutions in the city. The cylinders were seized during raids conducted by the officials under the direction of the District ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Feb. 5-Feb. 11 Canoro poised to complete 3D, 2D seismic surveys EPF board will dip into reserves to pay interest despite reduction in rate Free power is fine if State finances permit: Shinde Spices export continues to decline Low-cost higher education books hit US stores `Realty market in India on high growth curve' India, Russia to set up joint forum on trade, investment Rise in metal prices hits medium, small units FBT hits insurance cos' group business Maharashtra for restarting Dabhol plant with naphtha as feedstock — Willing to pay more for power `Labour issue delaying decision on Toyota's small car plant' — Japanese trade team visits Bangalore Airtel completes phase 1 of I-T Dept tech initiative — To connect I-T offices in 510 cities NCAER pegs GDP growth at 7.8 pc — `Inflation, stocks had good run' Manufacturing slowdown clips industrial growth to 5% in Dec `05 Edible oil imports drop 21 pc to Rs 5,818 cr in April-Nov Anti-money laundering software market set for bigger growth `Get rated, access cheaper loans' |
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