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Saturday, March 10, 2007
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INDUSTRY & ECONOMY

EMPLOYMENT
Call to improve employability of graduates
Mr Subir Raha, President of the All India Management Association, has stressed the need for promoting employability to graduates coming out of the universities. Mr Raha was delivering the keynote address at the inaugural session of the 26th ... More

BUDGET
Thrust on agriculture, traditional sector
Rs 1,000 cr for farm sector development More

Trust dilemma
Budget 2007 has changed the norms for registration of trust or institution. At present, the Commissioner of Income-Tax may condone the delay in seeking registration by charitable trusts and institutions. Retrospective registration can be granted ... More

Budget leaves vanaspati industry disappointed
Exemption given to edible oil imports from 4 per cent additional countervailing duty `too insignificant' More

Trade bodies welcome Kerala budget proposals
The trade and industry in the State have welcomed the Kerala Budget, saying that the Finance Minister has given emphasis on the need for the businessmen and the department to work together for the sustained growth of trade and commerce. Mr ... More

Budget aims for more revenue
Stamp duty on share transactions, VAT on tobacco products proposed More

ECONOMY
Forbes' rich list reflects Indian realty boom
India ends Japan's reign in Asia with 36 billionaires More

`Govt with RBI in curbing inflation'
Price stability steps should not affect growth: Chidambaram More

`Budget aims at balancing inflationary pressures'
The Union Budget 2007-08 has sought to balance the inflationary pressures through a prudent fiscal management mechanism. The lowering of peak duty rate from 12.5 per cent to 10 per cent has been initiated in the Budget as part of fiscal ... More

FOREIGN TRADE
Enhancing trade
COMING TOGETHER: (From left) The Japanese Ambassador, Mr Yasukuni Enoki; the Senior Vice-Minister, Ministry of Foreign Affairs, Japan, Mr Katsuhito Asano; the Minister of State for Industry, Mr Ashwani Kumar; and the Chairman, Hero Honda Motors ... More

INFRASTRUCTURE
`Tier-II cities should be fuelled with the support of Bangalore'
State urged to budget growth for tier-II cities as well More

Adanis sign MoU with Maharashtra Academy
To provide education at Mundra More

PETROLEUM
Global cos keen to set up units in petro complexes
Global petrochemical majors like Exxon, Shell, Dow Cornings, Dow Chemicals and many others have expressed their interest to set up plants in the proposed petroleum, chemicals and petrochemicals investment regions (PCPIRs) once details regarding ... More

ONGC plans to rope in Brazil's Petrobras for KG Basin
To strike commercial deal, but no asset swap likely More

POWER
US energy cos keen on selling reactors post N-deal
Hope law banning pvt participation would be lifted More

TAXATION
A Budget boost for infrastructure financial products
Innovative products, such as takeout financing, structured financial loans and securitisation, have not been extensively used in infrastructure financing. MR MANAV BANSAL, ASSOCIATE DIRECTOR, PRICEWATERHOUSECOOPERS PRIVATE LTD, CH ENNAI. More

Bill to phase out CST introduced
The Finance Minister, Mr P. Chidambaram, on Friday introduced a Bill in Lok Sabha that would pave the way for reduction of central sales tax (CST) from 4 to 3 per cent from April 1 and further reduction by 1 per cent every year so as to abolish ... More

Cenvat credit rules tightened
The Finance Ministry has tightened the Cenvat Credit Rules 2004 to stipulate that credit could be taken only when the invoice contains the central excise or service tax registration number of the manufacturer or service provider ... More

  • BL Budget Talk to focus on direct taxes

    EDUCATION
    `Supplement textbook study with newspaper reading '
    Mr L.H. Bhatia, former Marketing Director, BPL Ltd, today urged students of the BBM (Bachelor in Business Management) programme of the NMKRV College here to use business media tools (newspapers and channels) in the pursuit of their careers. ... More

    CARS
    Moving cars: Pipavav Rail conducts trials with special containers
    In electrified routes, 360 small cars or 270 medium/large cars can be moved per train More

    INDUSTRY ASSOCIATIONS
    Cement firms not to raise prices for a year
    Ready to roll back price hike if excise duty is cut More

    WTO
    Spirited battle over tariffs
    A spirited brawl is on between India, on the one side, and the US and the European Union (EU), on the other, over what the rich world alleges as a major market-access barrier by India because of its high ... More

    HUMAN RESOURCES
    AP Govt promises salary parity for docs
    The Andhra Pradesh Government has assured that it would consider removing disparities in salaries of doctors of ESI (Employee State Insurance) Corporation and Insurance Medical Services Department. "This will encourage more ... More

    EXPORTS & IMPORTS
    Pink Berry disease may affect grapes export
    Shipments likely to be 30% lower this year More

    ECGC bags MoU award for 2005-06
    State-owned Export Credit Guarantee Corporation of India Ltd (ECGC), an export credit insurance company working under the administrative control of the Ministry of Commerce and Industry, has been awarded the `MoU Award for Excellence' for the ... More

    `India can export organic food products to EU'
    Organic farm produce enjoys a good demand in European Union (EU) market and India has an opportunity to export its organic produce to this market, said Ms Mariann Fischer Boel, European Union Agriculture Commissioner, at a public lecture in ... More






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    Union Budget 2007-08

    Railway Budget 2007-2008

    Economic Survey 2006-2007

    Top Stories
    Commodity volatility led by risk aversion: StanChart

    OptiMix to increase exposure to overseas stocks

    Wheat bonus dilemma for Government

    ESOP fable — the tree-fruit debate

    Forex reserves up $1.5 b

    Moving cars: Pipavav Rail conducts trials with special containers

    Aurobindo Pharma on course to emerge global generic major

    Looking back
    Feb. 25-Mar. 3
    CPI opposes power PSUs divestment

    Heavy-axle-load truck sales rev up

    IOC pumping up fuelling infrastructure at airports

    Department sees excise revenues in `dough'

    Freight rate on minerals, ores cut by 6%

    A move to tackle inflation

    Inflation fears pull down chana, wheat

    Chidambaram may peg higher revised estimates for direct taxes

    DTH: Reliance Blue Magic to get space this year

    Pharma sector turnover to double by 2010

    Strong domestic demand pushes up steel prices

    Air traffic grew by 35.5% in April-Sept

    Differential excise duty on cement

    MAT scope extended; stock options under FBT

    Cement companies face price-based duty

    Fertiliser prices, subsidy allocation unchanged

    Sunoil imports may turn cheaper on duty cut

    Direct taxes account for 50% share of Central revenues

    Textile tech fund scheme extended

    `Exchangeable bonds will unlock value for corporates'

    Curbs on arecanut import boost domestic prices

    Oil marketing firms losing Rs 100 cr a day

    Car sales on a high in February

    Cos conducting clinical trials can now compete on prices

    Tax sops, rebates cost Govt over Rs 2.35 lakh cr

    Steel stocks slip despite price hike talk

    German body okays Suzlon's offer to buy REpower

    Govt raises direct tax arrears collection target



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