Business Daily from THE HINDU group of publications
Monday, September 04, 2006
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INDUSTRY & ECONOMY

CLIMATE & WEATHER
Bay hums again, but not for the last time yet
The Bay of Bengal has thrown up the latest `low' even as the immediately preceding system set up an interaction with a prevailing western disturbance to rain it hard over the plains as well as the hilly regions of North India. Moving ... More

NRIS
FCNR deposit rates cut
Lakshmi Vilas Bank has effected a downward revision on the FCNR, NRE and RFC deposit rates from September 1. The rate on the FCNR $ deposit has been slashed from 5.54 per cent to 5.41 per cent for a tenure of 1 year, to 5.24 ... More

ECONOMY
Kerala's fiscal crisis
Whichever way one looks at it, Kerala's fiscal crisis is palpably acute and it will take more than a clever Finance Minister to steer the State through the coming storm. More

FOREIGN TRADE
ASEAN meet: Indian move will pay off in long run
At a time when multilateral trade negotiations under the WTO auspices are floundering, the need to be not left out of the growing web of regional trading arrangements by even trade majors was demonstrated at the just concluded 38th meeting of the ... More

INFRASTRUCTURE
Focus on NRK funds for infrastructure growth
Draft paper on Eleventh Plan highlights key areas More

Oil cos seek 2-year moratorium on drilling, seismic commitments
Hit by non-availability of rigs, manpower shortage More

PETROLEUM
Rising ATF prices, low yields hit airlines' bottomline
But most players upbeat on prospects More

SSI
Exim Bank to evaluate SMEs on non-financial basis
Model to be implemented this fiscal More

TRAVEL & PLACES
TAAI stresses Net challenges to travel industry
To embrace Web or not, this is the question that bothers travel agents most. The arrival of the discerning travellers backed by enormous information available with them through the Internet has posed a serious challenge to the travel ... More

EDUCATION
MDIS announces scholarships
The Management Development Institute of Singapore (MDIS) has announced the MDIS Asian Scholarship Awards for Indian students for 2007 session for full time undergraduate and postgraduate courses. The college has announced 50 such ... More

BEVERAGES
Ministry invites comments on residue limits
The Health Ministry has invited comments on its proposal to define maximum residue limits for six pesticides in food. The Ministry of Health and Family Welfare, Department of Health has issued a draft notification proposing to amend Rule 65 of ... More

MEDICAL INSTITUTIONS & HOSPITALS
Gujarat to hand over mgmt of Govt hospitals to pvt sector
`No move to "privatise" hospitals as they serve the poor' More

REAL ESTATE & CONSTRUCTION
`Potential in real estate enormous'
JP Morgan Asset Management - Real Estate will try to partner with quality developers in India, says Mr Arvind F Pahwa, MD. Its India Property Fund, which has just announced closure with about $ 360 million in capital commitments, intends to ... More

Simplex plans real estate foray
Eyes infrastructure projects in mining More

PAPER, BOARD & NEWSPRINT
Packaging sector still in infancy: Survey
`Underdevelopment of organised retailing an obstacle' More

INDUSTRY ASSOCIATIONS
SICA sees cotton crop rising 10 pc
Demand expected to be strong More

DISINVESTMENT
CPI (M) seeks probe into Balco divestment
There was gross undervaluation of assets in the divestment of Balco, as pointed out by the Comptroller and Auditor-General of India, and therefore a CBI probe should be instituted to bring out the facts and punish the guilty, according to Mr ... More

RURAL DEVELOPMENT
Special package sought for development of DK district
Elected representatives from the district submit proposal seeking Rs 120 cr More

EVENTS
Residency's Sri Lanka food festival
The Residency has for the first time sought to organise an International Food Festival here. The ten-day Sri Lankan Food Festival is being celebrated up to September 10 with food and Sri Lankan band. To give the event an authentic touch, The ... More

EXPORTS & IMPORTS
`Give increased thrust to export promotion'
ICCI chief's paper on export sector More

ALTERNATIVE MEDICINES
`Ayurvedic Wellness Plan' for IT professionals
Chennai-based Sowkhya Ayurvedic Therapy centre has developed an ayurvedic treatment package for corporates and software professionals. Called `Ayurvedic Wellness Plan', the package is designed to prevent the attack of `lifestyle' diseases and to ... More

TOURISM
New AP tourism policy on the anvil
Framework to be announced soon More

Chhattisgarh to invest Rs 100 cr in tourism
The Chhattisgarh Government will unveil a new tourism policy within two months with emphasis on attracting private investment to strengthen the support infrastructure. Chhattisgarh is viewing tourism as a growth engine and has firmed up move to ... More

PEOPLE
Padma Santhanam passes away
Mrs Padma Santhanam, wife of late T. S. Santhanam, Founder-Chairman, Sundaram Finance Ltd, passed away in the early hours of Sunday, according to a press release from the company. She was 85. She was involved with The School-KFI right from its ... More






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Top Stories
To beat tight taxes, shipowners sail to safer shores

MF scheme for educational needs

`Potential in real estate enormous'

Bonds rally on hopes of low inflation, large capital flows

Premiums disappear for Indian robustas

Speculation yes, manipulation no

Looking back
Aug. 27-Sep. 2
Don't make conversion of agricultural lands a political issue: FICCI

SMEs opting for ECB route to raise funds

ITA sees turnaround in tea sector's fortunes

World Bank report says inequality high in AP

Curbs on duty-free items on board aircraft to go

Advanced weather forecast model for India by next year

STC floats tender to buy 16.7 lakh tonnes wheat

Mauritius for balanced view on resolving taxation treaty issues

Asian steel prices seen rising in H2

Deora asks oil cos to adopt tendering route for ethanol

Kshitij plans 2-m sq ft mall in Chennai

Charges of SEZs provoking land scams, tax loss to exchequer refuted

Coal loading declines in July

7.3 lakh tonnes wheat arrives in ports

Steel majors cut prices

Economy logs 8.3 pc growth in Q1: CII report

Ministry yet to consider RIL's request on export of surplus LPG



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