INDUSTRY & ECONOMY
ECONOMY
Agriculture going to seed
The agriculture scene is decidedly dismal and the country can ignore it at its peril. The double-digit growth in manufacturing and service sectors will be nullified if agriculture remains a laggard.
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Kerala's revenue deficit declined in 2005-06, says CAG report
Fiscal deficit also comes down to Rs 4,181 crore
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`Dependent farmers' future livelihood issue fully addressed'
Singur land pay-out highest, says Yechury
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ENGINEERING
Machine tool industry set to invest Rs 3,000 cr in 3 years
Bangalore to host IMTEX from Jan 18-24
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HEALTH
Nanotech-based drug delivery system from Dabur
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INFRASTRUCTURE
Talks on funding ultra mega power projects
The Centre is in talks with banks and FIs to evolve market-based debt instruments having longer tenure of around 20 years, mainly with a view to facilitate funding of ultra mega power plants and other large upcoming projects. Mechanisms such ...
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Grand vision
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PETROLEUM
Great Offshore turns weak
Vijay Sheth hikes stake through indirect mop-up?
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PHARMACEUTICALS
Drug retailers plan to network to stay competitive
Special purpose vehicle to be set up in each State
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TN pharmacists urged to join VAT regime
The Tamil Nadu Chemists and Druggists Association has been urged all its members to become part of the VAT regime and not to opt for either exemption or compounding. In the State, traders with turnover of below Rs 10 lakh are allowed not to ...
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POWER
New hydroelectric power policy soon: Shinde
Will outline measures to rope in more investments to tap hydel potential
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NHPC outlines Rs 30,000-cr capex
14 projects lined up for 11th Plan period
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PowerGrid seeks $2 b loans; plans IPO in April-May
Loans to fund power transmission projects
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TAXATION
Plea to withdraw service tax on third party insurance
To mitigate the burden of motor vehicle owners from the recent third party premium hike, the General Insurance Officers All India Association (GIOAIA) has asked the Union Government to withdraw service tax on insurance premium. The service tax ...
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VAT-compliant software
The Delhi-based Busy Infotech Pvt Ltd, which has lunched VAT compliant accounting software, has launched its full range of softwares with Kerala VAT registers. Busy is credited with being the first fully VAT compliant ...
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TEXTILES
`Rising income level will fuel demand in textile market'
Growth will also be driven by favourable demographics
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INDA to sponsor training course
INDA, the association of the non-woven fabrics industry, is expanding its reach into India by sponsoring a non-wovens training course in Mumbai on January 4-5. The course is designed specifically for technical, marketing and R&D executives ...
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MANAGEMENT
`Planning is the basis of all corporate activity'
"Planning is fundamental and forms the basis of any corporate activity. Sixty per cent accuracy with planning is better than a blindfolded approach. More importantly, one needs to plan for the planning to be successful and yield desired results," ...
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IIT-Madras B-school fest
Samanvay, a B-School fest organised by the Department of Management of IIT-Madras, will be held from January 5-7. A press release says events based on strategy, marketing, public relations and online trading are sponsored by corporates such as ...
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TERRORISM
Salvation music
From the killing fields of Cambodia to the living world of the arts... the heart-wrenching story of a child soldier's coming of age.
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EDUCATION
CIMA centre in Hyderabad
The Chartered Institute of Management Accountants (CIMA) has chosen Hyderabad as its examination centre. The CIMA holds two sessions per year of paper-based exams for its professional qualification, in May and November. The Chief ...
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IPE signs pact with US varsity
The Institute of Public Enterprise (IPE) has signed a memorandum of agreement with the Northern Illinois University, Chicago, for excellence in management education, research, training and consultancy. The two institutions would ...
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REAL ESTATE & CONSTRUCTION
RBI fiat on property evaluation
To ensure a system for realistic valuation of fixed assets owned by banks or mortgaged to banks, the Reserve Bank of India has asked them to have a board-approved policy for valuation of properties. In a notification issued on Thursday, the RBI ...
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READYMADE GARMENTS
Garments to be exempted from textile committee cess
The Government on Thursday announced its decision to abolish the Textile Committee Cess on readymade garments. The abolition of the cess has been a long-standing demand of the industry. "The exemption of readymade garments from Textile ...
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FOREIGN DIRECT INVESTMENT
Barclays among 20 FDI plans cleared
The Finance Minister, Mr P. Chidambaram, has cleared 20 foreign direct investment (FDI) proposals involving total approval amount of Rs 2,791.23 crore. The proposals include Rs 2,500-crore investment from foreign institutional ...
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IPR
`Farmers gaining more from growing Bt cotton''
Bt farmers hired more labour than their non-Bt peers: Study
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SOCIAL WELFARE
Plant a life-giving tree
A highly motivated group of people who plant fruit trees to fight malnutrition and care for the environment...
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RURAL DEVELOPMENT
Expo on village products
The Council for Advancement of People's Action and Rural Technology, in association with the Dakshina Kannada-based Nagarika Seva Trust, will organise `Gramasri Mela' in Mangalore from January 11-20. A statement said here on ...
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EVENTS
Stiglitz cautions against capital account convertibility
Favours using part of forex reserves for infrastructure development
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`Development is not just about GDP'
Countries that have gained from globalisation are those that have taken it on their own terms.
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A speech peppered with humour
Professor Joseph Stiglitz's views are now so well known across the world that one didn't expect to find anything radically new in a speech from him. But in his lecture on Thursday , even those intimately familiar with the Nobel laureate's ...
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Gujarat to woo global investors
Two-day summit to focus on special economic zones
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EXPORTS & IMPORTS
`Decline in spices export volume not healthy'
Realisation higher on tight global supplies
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Sugar export ban relaxed
The Centre has formally notified the partial lifting of the ban on sugar exports, more than 15 days after the Union Cabinet's nod to the move. The notification, issued by the Directorate General of Foreign Trade (DGFT), allows sugar mills ...
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