INDUSTRY & ECONOMY
BUDGET
Chidambaram to meet PSB chiefs on Feb 5
The Union Finance Minister, Mr P. Chidambaram, will meet Chief Executives of public sector banks (PSBs) here on February 5. Indications are that anti-money laundering issues of cash transaction reports and suspicious transaction reports would be ...
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`Companies Bill to be tabled in second half of Budget session'
Talks on with Law Ministry
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Pre-budget discussions with FIIs
The Finance Minister, Mr P. Chidambaram, on Saturday held pre-budget discussions with representatives of some foreign institutional investors (FIIs). Official sources maintained that procedural issues and not any "big-bang" ...
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ENVIRONMENT
Habitat loss worsening
On a late afternoon waiting on the banks of the River Ken in the Panna Tiger Reserve for a boat, we heard the thud of the axe against wood. Villagers were removing forest cover and there was no forest official to stop them. The dhabas at ...
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EXCISE AND CUSTOMS
Increase R&D spend to 1 pc of GDP: CII
For the country to go beyond dependence on labour cost arbitrage for its competitiveness, the Centre needs to increase R&D spend for innovation and technology to thrive, according to the Confederation of Indian Industry (CII). In the coming ...
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PETROLEUM
HPCL-Visakha erects CCR system
As a part of its clean fuels project, the HPCL-Visakha refinery here has safely completed the erection of the CCR cyclemax regeneration system and the CCR reactor, according to a press release issued here by the company. The Rs ...
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POWER
Russia may build 10 N-power units
The projects would be funded by India; equipment to be of Russian design
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RURAL DEVELOPMENT
Union Bank plans to set up 1 lakh self-help groups
Union Bank of India, which has good presence in rural areas, is planning to enhance its impact in rural areas through various strategies, according to Mr M.V. Nair, Chairman and Managing Director of the bank. In this regard, the bank is ...
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HDFC Bank launches SHG branch
HDFC Bank has launched a branch dedicated to self-help groups at Thudiyalar village near Coimbatore in Tamil Nadu. Coimbatore district has 27,000 SHG groups and 2,200 more groups are coming up. As of now, 18,000 groups are linked ...
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TRADE & LABOUR UNIONS
Trade unions seek higher return on EPF, cite bank rates
Trustees board puts off decision on interest rate
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ENTREPRENEURSHIP
SMEs bag Corporation Bank award
Corporation Bank has awarded small and medium enterprises, "National SME Excellence Award", for promoting entrepreneurship in the country. "Liberalisation of Indian economy has seen many successful first generation entrepreneurs ...
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EXPORTS & IMPORTS
Exports register lower growth in Dec at 19.5 pc
Chemicals, engg, petroleum products do `exceedingly well'
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Rubber user industry hopeful of duty cuts
`Plethora of non-tariff barriers affecting sector'
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