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Friday, July 07, 2006
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INDUSTRY & ECONOMY

CLIMATE & WEATHER
Mumbai rains dampen insurers' spirits again
Claims trickling in; clear picture of damage to be known in next few days More

City back to normal
The Mumbai city returned to its regular routine as rains eased on Thursday after five days of heavy downpour. Suburban train services - the lifeline of the city - were restored as floodwaters receded. Schools and colleges, shut for a ... More

Monsoon may enter weak phase again
Wednesday's monsoon depression weakened rapidly overnight into a well-marked "low" and moved North-Northwest later to settle down as a feeble "low" over south Rajasthan on Thursday. This brought the ongoing wet session progressively to an end ... More

ECONOMY
The gung-ho Indian
Young professionals give a thumbs-up to Brand India More

Liquidity comfortable, oil prices a concern: RBI
The Reserve Bank of India on Thursday said that `oil prices' are an international concern. In an informal meeting with journalists at the end of the meeting of the newly-reconstituted board of RBI, the Deputy Governor, Dr Rakesh Mohan, said that ... More

REPORTER'S DIARY
Hasty and bitter
The Central Government's knee-jerk reaction to the rising prices of essential commodities is leading to one fiasco after another. After wheat, the Government seems to have slipped on the sugar front too. Just as it failed to see that wheat ... More

`Infrastructure will see investment of Rs 3,20,000 cr in the next 6 years'
Assocham study sees significant role for private sector More

ENVIRONMENT
An earth-friendly Interface
A petroleum-dependent enterprise's efforts to tread lightly on the planet... More

FOREIGN TRADE
Nathula Pass reopened after 44 years
29 commodities to be exported to China, 15 to be imported More

India to take up Pak decision at SAARC Ministerial Council
Denial of trade liberalisation programme under SAFTA by Islamabad More

Event marked by euphoria, nostalgia
Traders from either side of the border rushed to greet and shake hands with each other More

Tibetan `don't'
Well don't they say money knows no colour and no boundaries! In a week that saw China running the much-talked-about train to Tibet, amongst reports of protests from some section of Tibetans, a colleague vacationing in Karnataka came across an ... More

PETROLEUM
`Too early to consider oil rate hike'
Oil marketing companies (OMCs) are yet to receive any communication from the Government for effecting commensurate price rise if India basket crude (comprising 55 per cent West Asian variety and 45 per cent Dated Brent) crosses $70. In fact, ... More

PHARMACEUTICALS
Maharashtra FDA gets third chief in 3 years
The Maharashtra Food and Drug Administration (FDA) has got a new Commissioner, the third in three years - a track record that unsettles the pharmaceutical industry, as it has to build bridges with the State regulatory authority with every ... More

POWER
CCEA nod for Tehri power plant
The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved the 1,000-MW Tehri Pumped Storage power plant in Uttaranchal to be set up at an estimated cost of Rs 1,657.60 crore. The approved cost includes an interest ... More

TAXATION
VAT panel to meet on July 15
The State Finance Ministers are to meet here on July 15 under the aegis of the empowered committee of State Finance Ministers on Value Added Tax (VAT). Official sources said that the VAT Panel is expected to review the ... More

TEXTILES
Chemical dyestuffs to come under EU scanner
REACH compliance mandatory for exporters More

COAL
Call to amend coal mines Act to allow private participation
`Oils PSUs must be encouraged to develop blocks abroad' More

BREWERIES
Beer sales stumble in Karnataka
Northern States are new guzzlers More

EDUCATION
ICFAI varsity plans to evolve into knowledge generating university
Keen to emulate global majors Cambridge, Harvard More

`Demand for management courses to continue'
The demand for management courses, which appear to have picked up in the wake of the opening up of the Indian economy in the early 1990s, is sustainable since the courses offered by the premier B-schools are very much relevant to what is ... More

Canopy for village schools
Finding teachers... the digital way. More

U21Global offers new course from Nov
U21Global, an online graduate school, will offer a new course — Master of Management in International Business (MMIB) from November. Designed to prepare executives for management and leadership roles, the programme will ... More

Growth of students opting for Australia static at 33 pc
Singapore Airlines announces special student fares More

Tech grant
MR ADRIAN KOCH, Senior Vice-President, Personal Systems Group, Asia Pacific & Japan, Hewlett-Packard, handing over a plaque to Mr D. Vishwanathan, Vice-Chancellor, Anna University, on the university being selected for the HP technology for ... More

REAL ESTATE & CONSTRUCTION
NTC seeks nod to sell 93 acres
Stands to net more than Rs 3,000 cr More

AP disputes land grant to Pak refugees
The Andhra Pradesh Government will challenge the decision of the settlement commissioner to assign over 200 acres prime land at Puppalaguda to the heirs of refugees from Pakistan. Addressing a press conference here on Thursday, ... More

DISINVESTMENT
PM puts divestment on hold
Move follows DMK threat to withdraw support to UPA Govt on sale of NLC shares More

Chambers concern over decision on divestment
India Inc has expressed disappointment over the Government's decision to put on hold, pending further review, all disinvestments decisions and proposals of public sector units (PSUs). It feels that this would send wrong signals about the future ... More

HUMAN RESOURCES
`Available'
With some public sector top slots opening up for new appointments, there is a perceptible change in some of the aspirants. At a recent press conference relating to the oil sector, a top official in the hydrocarbon business was holding forth and ... More

Masons highest paid among non-farm workers
Even as urban India is in the midst of a real estate and construction boom, masonry has emerged as the highest-paid occupation for men in rural India amongst the seven non-agricultural occupations. The `Wage Report in Rural India' brought out ... More

EXPORTS & IMPORTS
Centre extends ban on export of pulses
Trade wants imports speeded up to control prices More






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Top Stories
`Invest in commodities instead of their stocks'

Liquidity comfortable, oil prices a concern: RBI

Beer sales stumble in Karnataka

`Asians are world's biggest shopaholics'

India still hot favourite for call centre biz: Study

Declining trend in tea output likely to continue

Nathula Pass reopened after 44 years

`Too early to consider oil rate hike'

Mixed global trend pulls down indices

Ministry says no to employing foreign crew aboard Indian vessels

Looking back
Jun. 25-Jul. 1
MNCs driving into Indian commercial vehicles space

ONGC, DGH reach accord on hydrocarbon discoveries

Private sector funds to be tapped for infrastructure: PM

Stocks will grow at a faster rate relative to the GDP

OIDB puts on hold plan to offer working capital loans

ICAI suggests changes in fringe benefit tax

Steel prices will stabilise, say experts

Centre opts for duty-free sugar imports

VAT States' tax revenues up 24 pc in April

Indian cos not in the mood for mergers, says SAIL chief

PM favours cheaper loans to handloom weavers

`A one-billion middle-class deluge from India, China by 2020'

Demand for construction machinery on the rise

AMCs await full SEBI guidelines for foray into real estate MFs

Wheat import duty pegged at 5 per cent

Oil bonds: A sticky problem for accountants

Concern over rising salaries for IT freshers

Surge in wheat imports unlikely despite duty cut

New mining policy to boost investments

Sun DTH, Lankan TV to ride on Insat 4C

Palm oil tariff values hiked

SAFTA takes effect from today

Rangarajan calls for labour law flexibility, but not hire and fire


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