Financial Daily from THE HINDU group of publications
Monday, April 03, 2006
Markets (March 31)
BSE Sensex11279.96(-27.08)
S&P CNX Nifty3402.55 (-16.40)
US Dollar (Buy/Sell)44.64 (-0.09)


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INDUSTRY & ECONOMY

NRIS


IOB hikes FCNR deposit rates
Indian Overseas Bank has raised interest rates on FCNR deposits across maturities. The bank has raised the rate payable for deposits for periods over one year and less than two years to 5.15 per cent (4.9 per cent), for 2-3 years ... More

Karnataka Bank hikes NRE rates
Karnataka Bank has increased interest rates on NRE deposits with effect from April 1. A bank release said the interest rate on NRE deposits of one year to less than two years has been increased to 6.04 per cent (5.90 per ... More

INVESTMENTS


Scene of action
Investments in Assembly and Testing are happening. India could become an A&T hub in the semiconductor space. More

NON-CONVENTIONAL ENERGY


AP CM lays foundation stone for bio-diesel plant
Bio-diesel is of great importance to meet the energy requirements of the future and, as it also helps the farmers, all attempts should be made to encourage the setting up of bio-diesel plants, said the Andhra Pradesh Chief Minister, Dr Y.S ... More

ECONOMY


Investments into AP double in last two years
Chief Minister to woo CEOs at Bangalore conclave More

Ernakulam dist tops in revenue collection
The annual revenue mobilisation in Ernakulam district in the just concluded fiscal ending March 31 has achieved a record collection Rs 4,900 crore against Rs 4,777 crore registered in 2004-05. The amount is the highest ever achieved by any of the ... More

FOREIGN TRADE


MRAs with Singapore: Final talks by July 31
India and Singapore have agreed to complete negotiations on Mutual Recognition Agreements (MRAs) on goods, before July 31 this year, during the first review of the Comprehensive Economic Cooperation Agreement (CECA). The ministerial review ... More

Taiwan trade team coming to Chennai
A 70-member business delegation from Taiwan will visit Chennai on May 15, according to Mr Yuen-Chuan Chao, President and Chief Executive Officer, Taiwan External Trade Development Council (TETDC). The delegation would consist of ... More

HEALTH


Relaxed mind is an alert mind
Bihar School of Yoga, Munger, trains sannyasins and yoga teachers. One of its popular publications is The Effects of Yoga on Hypertension, by Dr Swami Shankardevananda. What is hypertension? It is excessive tension caused by ... More

INFRASTRUCTURE


KRL project set to transform face of Vypeen island
Rs 18 crore earmarked for community development More

PHARMACEUTICALS


`Sequential' opposition delaying drug patents
Pharma majors take up the issue with Centre More

POWER


2 units tested successfully at Tehri
Project set to produce power by June More

STEEL


SAIL registers record output, sales in '05-06
Driven by exports, domestic demand More

TAXATION


VAT: Keep penalties in abeyance
While welcoming the implementation of value added tax (VAT) in Madhya Pradesh, the PHD Chamber of Commerce and Industry has urged the State Government to keep the imposition of any penalties in abeyance for at least the first six ... More

`Milestone of a judgement'
The apex court ruled that the imposition of sales tax on any facilities of telecom services is untenable. Experts share their views. More

EDUCATION


IIFT to offer MBA course in Kolkata
The Indian Institute of Foreign Trade (IIFT) would offer postgraduate management programme at its new Kolkata centre this academic year. Moreover, for the small and medium enterprises (SME) segment, it would set up an SME centre. The ... More

IIM-A to hike fees by 12 pc
Increase in scholarships for students from lower income groups More

Bimtech students win all-India contest
Students of Birla Institute on Management Technology (Bimtech), Greater Noida, won the first prize for their business plan on retail jewellery stores in the country at the recent annual fest, `Perspective 06', of the Institute of Management, ... More

FOODS & FOOD PROCESSING


Pasteurising plant for `panchamirtham'
A `pasteurising' plant for the famous Palani `Panchamirtham' is coming up at the foothills of this temple town of Palani on an estimated outlay of Rs 40 lakh. The Sri Dhandayudhapani Temple Trust is initiating the proposed project. The ... More

MEDICAL & SURGICAL EQUIPMENTS


`GE scanner is significant tool in diagnosis'
The recent introduction of new GE Light Speed Volume CT which reportedly can non invasively capture the image of any organ in the human body in just a second and perform a whole body trauma scan in less than 10 seconds is clearly a beginning in ... More

REAL ESTATE & CONSTRUCTION


Panchshil Infrastructure to invest Rs 150 cr in Pune
Eyeing booming hospitality sector in the city More

`Chennai heading for acute housing shortage'
Infrastructure crunch to be stretched to the limits More

INDUSTRY ASSOCIATIONS


FICCI study sees hardening of rates
Sops for infrastructure lending suggested More

Delhi Chamber asks Govt not to recast SEZ group
Says it may impact foreign trade policy More

PRINTING


Printo rolls out first of 13 shops in Bangalore
Printing and documenting market is seen at $3.6 billion More

SOCIAL WELFARE


P&G, CRY launch `Shiksha'
P&G and CRY have announced the launch of `Shiksha,' an initiative to lead a child to the path of education here on Saturday. Pledging their support to the programme, several film and TV stars urged the consumers to buy large ... More

RURAL DEVELOPMENT


Development schemes' funds to be released on quarterly basis
Karnataka Dy CM opens resource centre in Dakshin Kannada district More

HUMAN RESOURCES


`H-1B fee paid by US cos funds scholarships'
Study says skilled foreign-born professionals essential for competitiveness of US companies More

CII-Schwing Stetter tie-up
The Confederation of Indian Industry (CII) and Schwing Stetter India, a ready-mix concrete equipment manufacturer, have tied up to provide skill training for youth on concrete pump operation and batching plant operation. CII and ... More

EVENTS


Voting Assam style!
GOING TO THE VOTERS: Polling officials getting on a boat with the electronic voting machines on Sunday at Kolongpaar, 53 km from Guwahati city. The EVMs are taken to Barbeela polling station under 52 Dispur constituency where the total number of ... More

Session on blood donation
Surgicals major Terumo Penpol, in association with the Federation of Residents Association of Thiruvananthapuram , is organising an awareness session on blood donor motivation on April 7, the World Health Day. Explaining the ... More

  • Agenda for the week

    EXPORTS & IMPORTS


    Export subsidy to activate pepper market
    The decision to extend is likely to help the futures show some improvement. End to uncertainty seen positive More

    TOURISM


    Govt chalks out plans to develop coastal tourism
    `Konkan Package', `Konkan Riviera' schemes to be taken up More

    ECONOMIC OFFENCES


    Checking accounts...
    Banks and financial institutions are turning to software to vet customers and enforce anti-money-laundering guidelines. More
    Advt Links: Personal Computing resources Hawaii Vacations - Hanalei Bay Resort



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  • Union Budget 2006-2007

    Economic Survey 2005-2006


    Top Stories
    `Aggressive investing in stocks is fraught with risks'


    DPW boxes-in South Asia

    Where is the threat?

    IIM-A to hike fees by 12 pc

    Forex reserves decline $6.1 b on valuation loss

    Springboard ready for gold's leap

    White arecanut growers holding on to stocks

    Vanilla prices fall on undercutting

    FICCI study sees hardening of rates

    In Focus

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    In Depth

    Bihar Diary
    Orissa Diary
    Gender Justice
    Simple Economics
    Tax Talk
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    Looking back
    Mar. 26-Apr. 1
    `Critical gap' in US Trade Policy

    ONGC roadshow: 26 firms respond

    Medical kit sector rules out new investments

    Cellular operators slap notice on BCCI

    `Print media has scope in digital age'

    The vital missing track

    `I am focussing on structural issues in specific sectors'

    Value-added spices export surges

    VAT compensation: Karnataka, Bihar, AP get Rs 902 cr

    CAS meet: Stakeholders differ on pricing of channels

    India gains edge in par-boiled rice market

    `Nano tech, the new wealth creator'

    PAN holders can view tax statements online

    `Businessmen coming back to Bihar'

    Actis to invest in pvt power projects

    Govt to create more power capacity by 2017

    Sample from MP district tests positive for bird flu

    Chicken producers declare hatching holidays

    Project to produce ethanol from sweet sorghum

    ONGC may pay more for OMCs to book profit

    Banks raise FCNR (B) deposit rates

    New India seeks overseas reinsurance partner

    New Jamnagar refinery: RIL looking for partner

    Manmohan to discuss power sector reforms with CMs

    `Adulteration rampant in edible oils'

    Indian tea to gain on rising Kenyan prices

    Micro finance attracts high interest at B-schools

    Govt set to meet revised estimates for indirect taxes

    Grapes turn `sour' for exporters

    External debt down by $5 b at $119.2 b

    H-1B visa filings for `07 from tomorrow

    Copper, zinc producers likely to hike prices



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