Financial Daily from THE HINDU group of publications
Wednesday, May 03, 2006
Markets (May 2)
BSE Sensex12218.78(+176.22)
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INDUSTRY & ECONOMY

CEMENT


Rein in cement prices: Govt
Manufacturers told to initiate corrective steps soon More

Cement sales up for 2 groups
The Ambuja and AV Birla groups have reported increased year-on-year cement despatches for April 2006 although the percentage increases show wide variation. The AV Birla group's despatches rose 6.08 per cent in April 2006 at 26.28 lakh tonnes ... More

ECONOMY


The man who should have won the Nobel
John Kenneth Galbraith (October 15, 1908 to April 29, 2006). How should his epitaph read? `Economist who held a mirror to society,' as in the obit headline of www.nytimes.com? Or, `By far the most famous economic thinker of his day,' as ... More

Do the rich locomote the global economy?
The super-rich have loosened their purse strings. More

FOREIGN TRADE


`FTA talks with Gulf will uphold Indian interests'
Suggestions sought from all stakeholders on creating level field More

Thai biz group visits Delhi
A visiting Thai business delegation listed food products, tourism, gems and jewellery, real estate, telecom and IT, entertainment, and infrastructure as the main areas of partnership between Thailand and India. At a meeting ... More

Full-time US Treasury rep to be posted in Mumbai
Reflecting India's growing economic and financial importance globally, the US is to soon have a full-time treasury representative based in India. At present, the US has such full-time treasury representatives only in Japan and China. Talking to ... More

HOTELS


Leela Group to set up five new hotels
The Leela Group of Hotels will expand its chain of luxury hotels by setting up five new hotels across the country at an estimated investment of Rs 1,200 crore. These include four new hotels in Udaipur, Chennai, Hyderabad and Pune. The fifth one ... More

PSU


`Consultant for AI-IA merger soon'
Proposal to hike the minimum equity for scheduled airline More

PETROLEUM


IA plans Rs 300 fuel surcharge soon
Taking Rs 400-cr hit due to hike in fuel prices More

Crude oil prices may touch $100
Iran, which is the fourth largest oil producer, has predicted that crude oil prices might touch $100 per barrel by this winter. Asked if crude prices could touch $100 a barrel, the visiting Iranian Deputy Oil Minister, Mohammad ... More

POWER


Dabhol plant Block II to be operational soon
Block-II of plant to be operational soon More

Centre to meet northern States on grid discipline
The Centre has called a meeting with State Governments in the northern region this week to persuade them to maintain grid discipline in order to avoid any breakdown of the transmission network. "We have called a meeting of Energy Secretaries ... More

BREWERIES


Slight drop in beer sales in AP
Andhra Pradesh has registered a one per cent drop in beer sales, even as its hard spirits showed a buoyant growth of 21 per cent during the last financial year. The high price of beer, mainly due to the heavy dose of taxation by the State ... More

REAL ESTATE & CONSTRUCTION


Advance India scouts for partners for new projects
In talks with financial institutions, realty funds More

INDUSTRY ASSOCIATIONS


Spectrum battle reaches PM's Office
GSM cell operators' body counters Ratan Tata's suggestions More

Citigroup's India CEO to head Amcham
Mr Sanjay Nayar, Chief Executive Officer-India, Citigroup, has been elected as the Chairman of the American Chamber of Commerce in India (AMCHAM). He was elected at the chamber's annual general meeting held on Monday. During ... More

IPR


Issue of product patents to be brought down to 6 months
Intellectual Property Management Institute in Delhi planned More

SOCIAL WELFARE


Of cartoon, quotas and distress
The complex issue of reservation can have valid for and against arguments More

EVENTS


Hyderabad all set for ADB meet
About 2,500 delegates from 63 countries across the globe would be gathering at Hyderabad on Wednesday for the four-day 39th Annual Meeting of the Board of Governors of Asian Development Bank (ADB). The event brings together senior government ... More

EXPORTS & IMPORTS


LNG deal with Iran runs into rough patch
Iran insists on changes in contract; India unwilling to renegotiate More

TOURISM


Travel mart fair to be held in Sept
The fourth Kerala Travel Mart, KTM 2006 will be held in Kochi during September 28-30, according to tourism industry sources. Organised by the Kerala Travel Mart Society as a public-private partnership, the event is intended to create a platform ... More

STANDARDS & BENCHMARKS


`FCI can take delivery of Australian wheat'
`Pesticide residue within norms'; PPQ go-ahead on weeds, fungal pathogens More

ECONOMIC OFFENCES


HC stays SEBI order on Karvy
Company can continue normal market activities; no shifting of DP accounts More
Advt Links: New York urban nature A Nice and Cozy Hotel in Bruges Flash Templates Fair Guide Construct Data About:Blank tax deductions Tanning Beds Personal Computing resources Business Health Insurance Simple Forex Trading Now



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RBI Annual Credit Policy 2006-07

Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Jet Airways gets working on cargo business


Indian stocks `not cheap': DWS

IA plans Rs 300 fuel surcharge soon

Slaughter of the lambs

Standard Life stake sale to Citi okayed

`Consultant for AI-IA merger soon'

`FCI can take delivery of Australian wheat'

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
More

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More

Looking back
Apr. 23-Apr. 29
Singapore sees signs of growth in biz travel

SIDBI, Nabard credit arrangement is `cosmetic tinkering'

Gold volatility: Caution required

Protocol pacts with China to export mango, grapes

`Don't refuse third party motor policies'

Rubber exports top 70,000 t

Pakistan looks for more sugar from India

Crude oil prices always a cause for worry, says Chidambaram

Top retailers gearing up to meet barcode deadline

Array of trade pacts a cause for concern: India Inc

MRPL may firm up proposal to lift crude from PMT in May

Demand keeps soyameal exports buoyant

Indirect tax mop-up surpasses target

Service tax to be applicable on 15 new services from May 1

It's Cyclone Mala, likely to head for Myanmar coast

Balco residual stake sale after CCEA okays valuation

GAIL to fork out Rs 538 cr in Q4 towards subsidy sharing

Posco to invest $200 m this year

Revised target in direct taxes may be missed

Cyclone Mala is strongest after Orissa Cyclone

Importing high oil content seeds will make commercial sense

SFCs losing SME assets to banks

India Knit Fair ropes in German firm for marketing

Infrastructure sector grows 4.9 pc in 2005-06

NHPC to take cue from China

Private cell operators to team up with Postal Dept

Infrastructure growth faulty: Report

Tariff values for palm oils hiked

Rush for shifting DP accounts

More than system inadequacy



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