The Hindu Business Line : Thursday, June 01, 2006

CLIMATE & WEATHER
Monsoon rolls down curtain of rain over west coast
Odd upper trough forecast to reach southward may cast a shadow in the near term More

CEMENT
Cement prices down marginally
Govt intervention brings wholesale prices below Rs 200 More

ECONOMY
Farm sector propels GDP growth to 8.4%
Sharp dip in mining; economy grows 9.3 pc in Q4 More

We will continue to attract FIIs: Chidambaram
`Stock slide due to global factors' More

India-US economic relations on a high
Given the instances of bounce-back of the US interests in India, it would not be over-optimistic to foresee a paradigm shift in the relations between the two countries. With China figuring as the hot topic of debate in board rooms of several Americ an multinationals, India's policymakers should strike to take the edge. More

`Managing capital flow surge, a challenge to developing nations'
Subsidies imposing heavy burden on Govt purse: World Bank report More

CII on manufacturing growth rate
Even as the Confederation of Indian Industry welcomed the revised estimates of the Central Statistical Organisation for the GDP growth last fiscal at 8.4 per cent, it said the manufacturing growth of 9.0 per cent for the fiscal ... More

FOREIGN TRADE
Indo-Scandinavian trade Web site
Business-matching.com, a company based in Sweden, has launched a membership-based Web Site to promote trade between India and the Scandinavian countries. The site will provide a platform for sellers in India to interact with ... More

GE chief meets Lalu, top PMO officials
Spells out co's efforts to gather support for Indo-US nuclear deal More

HOTELS
Chennai to have more star hotels
High occupancies driven by IT, construction sectors More

INFRASTRUCTURE
KfW extends € 54 m credit to IL&FS
The German bilateral KfW has extended a € 54 million Line of Credit facility to IL&FS, guaranteed by the Government, with a specific mandate to finance private sector infrastructure projects. The KfW Loan is a three-tier .. More

Tariff plan for Mumbai Metro project
The tariff plan for the 11 km Versova-Andheri-Ghatkopar of the Mumbai Metro project was approved by the Maharashtra Government on Wednesday. The decision was taken after the weekly Cabinet meeting, according to an official press ... More

PSU
Revamp of Bengal PSUs
The West Bengal Government on Wednesday set in motion the second phase of restructuring of the public sector undertakings. A meeting was held at Writers' Buildings on Wednesday to discuss the restructuring of 30 State PSUs with ... More

PETROLEUM
Decision on fuel price hike next week: Deora
The Petroleum Minister, Mr Murli Deora, and the Finance Minister, Mr P. Chidambaram, today met the Prime Minister, Dr Manmohan Singh, to discuss the issue of petroleum product pricing. Soon after the meeting, Mr Deora told newspersons that the ... More

States urged to help smooth run of ethanol-blended petrol plan
The Petroleum Minister, Mr Murli Deora, has urged the State Governments to facilitate smooth implementation of the ethanol-blended petrol (EBP) programme in the country. Expressing concern over the fact that some States such as Karnataka, ... More

POWER
REC to fund 500-MW thermal project
AP CM to lay foundation stone today More

PSL lowest bidder for Dabhol-Panvel pipeline
PSL Ltd has announced that it has emerged as the lowest bidders in GAIL's fast track project - Dabhol-Panvel pipeline. The approximate value of the pipeline tender is Rs 218 crore. The company would provide GAIL with a 30-inch diameter ... More

GMR Group keen to bid for ultra mega power projects
GMR Group is interested in bidding for the proposed ultra mega power projects but would take a final decision on its intent only after a clarity emerged in the policy with regard to issues like payment security, fuel linkage and power purchasing ... More

TEXTILES
Textile parks: Ministry gets 52 project proposals
The Ministry of Textiles has received 52 project proposals for setting up textile parks under the scheme of integrated textile parks. But it is likely to shortlist this number so that the final sanction would be restricted to 25 projects this ... More

BREWERIES
UB Group's top 5 liquor brands valued at $1.8 b
Also figure among world top 100 brands More

PERSONAL PRODUCTS
FMCG ads come under ASCI scanner
Complaints against some cos upheld by CCC More

RADIO/TV
FIFA fever
With viewership expected to shoot up for the World Cup, marketers look to play hard. More

EDUCATION
India dominates in number of overseas students in US
The largest number of overseas students in the US last year came from India, according to Mr Michael Owen, US Consul-General. Speaking to newspersons, he said that 81,000 Indian students went to the US last year while China, which ranked ... More

Biz course from London varsity
The Delhi-based Indian School of Business and Finance (ISBF) plans to offer bachelors degree in business, management and finance with support from the University of London External Programme. The students at ISBF will have to ... More

INDUSTRY ASSOCIATIONS
More handsets sold than subscribers added: ICA
Yankee group's study findings disputed More

BIO-TECH & GENETICS
Biotech meet in Bangalore from June 7
The State-sponsored sixth biotechnology event, Bangalore Bio 2006, will have a significant German presence, according to an official release. Participants at the three-day conference and trade fair beginning on June 7 are biotech databases and ... More

DAIRY & DAIRY PRODUCTS
The more the Marier
Both Britannia and Parle take up cudgels on behalf of Marie - the fastest growing category in biscuits More

SOCIAL WELFARE
Bengal plans standard rehab package
The West Bengal Government has decided to formulate a standard rehabilitation package for people who will have to part with their agricultural land for industrial purposes. Nine regions spread across the State — such as ... More

ENTREPRENEURSHIP
Empowering through entrepreneurship
The empowerment of the weaker sections among the SC/STs and OBCs must be through entrepreneurship and business rather than by quotas. Reserving seats in higher educational institutions will not go far, considering the situation at the school level, says R. VAIDYANATHAN. More

ECONOMIC OFFENCES
Two CSE brokers suspended
The Securities and Exchange Board of India (SEBI) has suspended Subhash Baheti & Co and Archana Khandelwal, both members of Calcutta Stock Exchange (CSE). The regulator has, in exercise of its powers under Section 19 of SEBI Act, 1992 read with . More