The Hindu Business Line : Saturday, January 20, 2007

URBAN DEVELOPMENT
Project appraisal
A MEGA BRIDGE: The British Chancellor of the Exchequer, Mr Gordon Brown, visiting the Bandra-Worli SeaLink in Mumbai on Friday. The new link will be an eight-lane facility for the exclusive use of fast moving vehicles with limited access (only ... More

ECONOMY
Inflation is matter of concern: Rangarajan
The Chairman of the Prime Minister's Economic Advisory Council, Dr C. Rangarajan, on Friday expressed concern over the wholesale price index (WPI)-based annual inflation rate substantially exceeding the 5.5 per cent level, which is the outer ... More

Inflation spurts to 6.12%
Chidambaram expresses concern, promises steps to tame the trend More

Costlier food, energy drive inflation to 2-year high
Wholesale Price Index of all commodities at 208.1 points More

Forex reserves up $841 m
The foreign exchange reserves rose by $ 841 million to $ 177.426 billion for the week ended January 12, because of an increase in foreign currency assets. The forex kitty had seen a dip of $ 666 million in the previous week, which had closed ... More

Rural, urban child must compete on equal footing: Narayana Murthy
To make India a better place, the rural and urban child must compete on equal footing, said Mr N.R. Narayana Murthy, Chief Mentor, Infosys. Addressing a packed gallery at the valedictory session of the CII Partnership Summit, Mr Murthy said: ... More

`Spending power of affluent Asians to grow'
Book unveiled on the ways of affluent, emerging Asia More

ENVIRONMENT
IDBI, KfW tie up for carbon credit trading
Wide range of services for `clean development' projects More

FOREIGN TRADE
Lamy pitches for India's role in revival of WTO talks
The WTO Director-General, Mr Pascal Lamy, today sought India's co-operation in reviving the multilateral trade talks of the Doha Round. In a day of hectic activity, Mr Lamy called on Prime Minister Dr Manmohan Singh early in the day for a ... More

UAE member woos Indian biz
Sheikh Saud Bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah, one of the seven Emirates that form the UAE, is on a visit to India "to participate in the growth of India and to see how we can become part of this ... More

INFRASTRUCTURE
CPI(M) for changes in SEZ Act
The Communist Party of India (Marxist) has called for a "complete reworking" of the Land Acquisition Act 1894 to strengthen the rights of land losers, tenants and agricultural workers and all those whose livelihood depends on the land. It has ... More

PETROLEUM
Diesel for Railways: Discount maintained at last year's level
Level of rebate as per annual contract for 2007 More

Saudi Arabia assures increased crude supply
Committed to increasing availability of energy to global markets More

Govt may award NELP-VI blocks next week
To discuss duty rationalisation of petro products next week More

Afcons eyes offshore pipeline biz
Seeks global partner, sees opportunity in surging offshore oil exploration More

Petrobras, ONGC to partner for exploration activities
Form joint working group More

ONGC signs MoU with Russian co
To enhance production of matured fields More

POWER
Lanco signs up for 1200 MW power plant in MP
Lanco Infratech Ltd has announced it has signed a memorandum of understanding with the Madhya Pradesh Government on Wednesday for setting up of 1200 MW coal-based power plant in the State, with an option to hike it by 20 per cent. The Energy ... More

Travancore Chemicals plans to have captive hydel plant
Feasibility of a latex chlorination unit also under study More

Transformer manufacturing companies fully charged
Govt's rural electrification initiative to boost demand More

STEEL
DSP hot metal production peaks
Hot metal production at Durgapur Steel Plant during the third quarter ended December 31, 2006 stood at an all-time high of 5.81 lakh tonnes, even as production of crude steel, saleable steel and continuous casting products during ... More

TEXTILES
`Textile sector will need 12 m more hands'
Meeting export target of $50 b More

EDUCATION
Common entrance test for maritime admission mooted
Bank of trainees waiting for sea time berths: Panel More

FOODS & FOOD PROCESSING
Indo-US project to help transfer knowledge, best practices to farms
Indo-US `Agriculture Knowledge Initiative' to drive growth More

Bengal plans food parks on public-pvt partnership model
Investor interest on the rise in agri & food processing sectors: CM More

REAL ESTATE & CONSTRUCTION
Morgan Stanley invests in Oberoi Constructions
Morgan Stanley Real Estate has invested Rs. 675 crore in Oberoi Constructions, according to a press release issued on Thursday. According to Mr Anand Madduri, Executive Director and Asia-Pacific Portfolio Manager for Morgan Stanley Real ... More

LEATHER
Tatas to help upgrade Bengal in leather training
The State Government has a plan to revive the State's leather industry with the objective of positioning it to become number one leather products exporting State in the country. More

GOLD & SILVER
Positive outlook for gold: GFMS
Gold prices could track higher in the first half of the year so as to reach $ 670 an ounce levels. But there is less certainty that the market could breach $ 700 and surpass the recent high of $ 725, though it could occur further into the year or ... More

Kotak Mahindra Bank launches gold coins
Actor and danseuse Shobhana launched the newly introduced gold coins of the Kotak Mahindra Bank - the 24-carat Gold Eternity Swiss made gold coins - in the Kerala market here today. Addressing a press meet, Mr K.V.S. ... More

SCIENCE & TECHNOLOGY
ISRO puts off cryo stage test
ISRO on Friday indefinitely postponed the full-duration hot test of the indigenous cryogenic stage for the GSLV launch vehicle. It said all the preparations were made to try the stage for the full 720-second duration of its ... More

EXPORTS & IMPORTS
Exim Bank's silver jubilee meet
Export-Import Bank of India, which is celebrating its silver jubilee this year, is planning to hold a series of knowledge-sharing events, including topical seminars, lectures and publications. As part of the celebration, the Exim Bank in ... More

States perform proactive role in promoting SEZs: Kamal Nath
Says Board of Approval will strictly follow the guidelines evolved More

PEOPLE
First women President for ICSI
Ms Preeti Malhotra, who has been elected as President of the Institute of Company Secretaries of India, is the first woman to have been elected to the post. Ms Malhotra is currently the Director and Company Secretary of Spice ... More

BOOKS
Army nod for book fair venue challenged
A Public Interest Litigation (PIL) has been filed by an advocate of the Calcutta High Court challenging the decision to grant permission to the Booksellers and Publishers' Guild to hold Book Fair 2007 at the Maidan. In the petition, it has ... More