Business Daily from THE HINDU group of publications
Monday, June 26, 2006
Markets (June 25)
BSE Sensex10412.93 (+11.63)
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INDUSTRY & ECONOMY

CLIMATE & WEATHER
Monsoon `low' deferred, but forecast maintained
Weather models have deferred the formation of the monsoon `low' over the Bay of Bengal but that has not prevented the southwesterly flows in the revived pulse from toying with the western coast in full force. The act of deferment (from June 26 ... More

INVESTMENTS
Keeping an eye on your investments
One sealed document in the will, marked for Mike, was written in Braille. Mina's sons were furious. They questioned the lawyer, "Who is this Mike?" The lawyer suggested. "Let's first see what message your mom has for the two of you. The first ... More

BUDGET
Predictable, but not gutsy
Politically predictable and fiscally prudent, the first budget of the LDF Government in Kerala seemed to sum up the dilemma of how to increase revenues while ensuring that the State's marginalised sections are protected. More

SSIs unhappy with budget
Kerala State Small Industries Association said that the State budget had neglected the small-scale industries sector and the Government had not considered any of the proposals put forth by the Association. The Association ... More

CONSUMER ELECTRONICS
Stocking a surprise...
... are shops with `sleek grey stuff' in consumer electronics. Are the products as reliable as branded ones, and at half the price? It's the consumer's call. More

ECONOMY
Stocks will grow at a faster rate relative to the GDP
Debt will attract decent amounts of money: UTI Mutual More

FOREIGN TRADE
Seminar showcasing Bahrain today
A team of delegates from the Bahrain Economic Development Board is in the city and will meet an exclusive gathering of select Indian exporters on Monday. The meet, organised by the Exim Bank of India, aims at showcasing Bahrain as an attractive ... More

HEALTH
Control measures
WITH REPORTS of Chikungunya fever spreading in Hyderabad, there is a heavy rush at homeo stores to purchase preventive drugs. Chikungunya is a rare form of viral fever caused by an alphavirus that spreads by mosquito bites. Hundreds of people are ... More

INFRASTRUCTURE
Jharkhand chalks out mega city development plan
43 MoUs signed for various projects totalling Rs 1,90,000 cr More

TN urged to allot land for development projects
The Union Finance Minister, Mr P. Chidambaram, has urged the State Government to expedite the allocation of land for various development projects to accelerate the process of development in the State. He was speaking after laying the foundation ... More

Vizag airport readying for take-off
As Visakhapatnam gets into the fast lane, with several new industrial projects coming up and IT companies flocking to the city, its airport needs better facilities. The project to expand the runway to facilitate the landing of the bigger ... More

PETROLEUM
Tanker newbuilding goes full steam ahead
Crude oil prices are soaring and the prices of new-building tankers used for transportation of oil too have skyrocketed in past few years. Yet, there is no let up in shipping lines, including those carrying Indian flag, queuing up for acquiring ... More

POWER
Call to amend Electricity Act
The State Electricity Minister, Mr A.K. Balan, has requested Members of Parliament from the State to work for amending the Electricity Act of 2003 that helps retain the status of State Electricity Boards or, better still, allows ... More

STEEL
`Open mind on iron ore issue'
The Jharkhand Minister of Finance and Urban Development told newspersons in Kolkata that his Government had an open mind on the iron ore allocation issue vis-à-vis the announced steel projects in the State, including the mega 12-million tonne ... More

RADIO/TV
New Bill to usher in broadcast regulator
To ensure pvt broadcasters fulfil public services obligations More

EDUCATION
e-audit lab to come up at IIITM-K
e-Information Systems, Security and Audit Association (eISSA) will set up an e-audit lab at the Indian Institute of Information Technology and Management-Kerala (IIITM-K) at Technopark here. This was announced at a technical ... More

New curriculum for CA course
Major changes are envisaged in the new curriculum of CA course to be implemented shortly so as to equip the students to face new challenges in the changing scenario, said Mr V. Murali, Chairman, Board of Studies of the Institute ... More

English gets a leg-up at Maharashtra schools
"I could clearly sense the difference in standard of knowledge in English language, when in competition during graduation with students from other board," says Ms Tejaswini Mirji, who recently passed out from a State-board school. Poor English ... More

Unesco to support Akshaya e-project
The Unesco has expressed willingness to support Akshaya, the State's IT dissemination project, in the field of women empowerment. A communication to this effect has been received, a spokesman for the Akshaya project said here. As per the ... More

GOLD & SILVER
Gold may head lower again
Gold futures finished higher on Friday on modest gains fuelled by a late short-covering rally due to firmer oil prices. Gold often gets a lift from rising oil prices because some investors turn to the metal as a hedge against inflation. ... More

INDUSTRY ASSOCIATIONS
Panel to discuss manufacturing industry concerns
A high level committee on manufacturing led by the Prime Minister, Dr Manmohan Singh, will meet next month to discuss macro-economic measures needed to make industry globally competitive, according to a press release from the Confederation of ... More

MINERALS
ISA asks Govt to auction iron ore mines thru competitive bidding
Domestic steel manufacturers have asked the Government to introduce competitive bidding auction for allotment of iron ore mines to actual users. In a communication to the Planning Commission, the Indian Steel Alliance (ISA) has suggested the ... More

WTO
Concern over `Simple Swiss' formula in WTO talks
The Federation of Indian Chambers of Commerce and Industry has expressed concern over NAMA (Non-Agricultural Market Access) Chair's remarks in the draft modalities that `Simple Swiss' formula for tariff reduction has found more support in World ... More

TRADE & LABOUR UNIONS
Call to exempt Kochi port from strike purview
Chambers cite compelling reasons for exemption More

EVENTS
Global workshop on clinical trials
Transworld Institute of Professional Development and Training, a Hyderabad-based non-profit society is organising its second international workshop on clinical trials at Hyderabad. The workshop, being jointly organised by the ... More

ENTREPRENEURSHIP
Dealmaking for UK plc
As Dealmaker, Alpesh Patel brings exciting technologies and high finance together `My strategy for India is — open up the communication channels right across all the cities, either through Nasscom, the IITs, or the IIMs,' says Alpesh Patel More

EXPORTS & IMPORTS
Coir Board seeks to rope in Commerce Ministry
A CFS for Alappuzha More






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Dearer rupee, cheaper India!

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12 States allotted 19 coal blocks

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Budget targets the rich in Kerala

Left parties oppose divestment move


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