INDUSTRY & ECONOMY
CEMENT
Cement industry: Findings of a sample study
The study drew on the electronic filings of companies, and looked at parameters such as capacity, production, inputs, utility, overheads, financial measures, inventory, excise and so forth.
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ECONOMY
Planning will focus on inclusive growth: Montek
`Our objective is 4% growth in agriculture'
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HEALTH
Govt to make rural service mandatory for medicos
The Centre has decided to make it mandatory for medical graduates to do one year of rural service. Beginning 2008-09, all the graduates passing out of the medical colleges in the country will have to work in district and sub-district levels, ...
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INFRASTRUCTURE
New SEZ rules evoke mixed reaction
The new guidelines for the special economic zones (SEZs) announced by the Government have thrown up differing perceptions among developers who had planned to go in for large zones. The new guidelines require acquisition of land by the ...
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PETROLEUM
IOC to invest in E&P sector abroad thro' jt venture
IndianOil will route all overseas investments in excess of Rs 1,000 crore in exploration and production sector through the proposed joint venture with Oil India Ltd. This means that all major investments of the company in E&P sector will be ...
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POWER
CERC plans hike in penalty for overdrawing of power
In view of the deteriorating frequency regime in the regional grids and its impact on overall grid security, the Central Electricity Regulatory Commission (CERC) has proposed an increase in the ceiling rate for Unscheduled Interchange charges at ...
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TAXATION
Service tax collections target fixed at Rs 50,100 cr
The target for service tax collections in the country during the current financial year has been fixed Rs 50,100 crore, according to Mr Gautam Bhattacharya, Commissioner of Service Tax, the Central Board of Excise and Customs. Mr Bhattacharya, ...
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How taxing my inheritance?
I inherited shares worth Rs 5 lakh on the death of my father and land, which was inherited from my grandfather. I have realised Rs 6 lakh on the sale of the land and Rs 5 lakh from the sale of shares so inherited. I paid the Securities ...
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TEXTILES
Minister assures more funds for textile research
Calls for promotion of technical textiles
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MINING & QUARRYING
`New mining policy in monsoon session'
Focus on cutting clearance time, procedures, says Minister
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RURAL DEVELOPMENT
`No literate member in 26% of rural households'
In about 26 per cent of the rural households and eight per cent of urban households, there is not a single member of age 15 years or above who could read and write a simple message with understanding, according to a National Sample Survey ...
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INCOME TAX
Make service recipient liable for service tax on rent: ICAI
The Government should shift the onus of payment of service tax on renting of immovable property to the service recipient, the Institute of Chartered Accountants of India (ICAI) has suggested. This year's Budget had proposed introduction of ...
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