The Hindu Business Line : Saturday, April 14, 2007

EMPLOYMENT
UAE recruitment pact approved
To facilitate manpower recruitment between India and the UAE, the Union Government has approved an MoU signed between the two countries in the field of manpower. The MoU was signed in December last during the visit of the Labour Minister of ... More

COURTS/LEGAL ISSUES
HC disallows action against employee under articles of association
The Madras High Court has ruled that use of articles of association of a State-owned transport corporation or clarifications by the State Government cannot be used to persist with a departmental enquiry against an employee for alleged ... More

`Singapore right place for neutral disputes resolution'
More Indian cos prefer the country's law for arbitration needs More

Work & play
SEALING DRIVE: A policeman trying his hand on a computer during the inspection and sealing drive by MCD in New Delhi on Friday.

ECONOMY
Crisil sees slowdown in credit growth
Increase in interest rates and the Reserve Bank of India's actions to reduce liquidity in the system will lead to a slowdown in credit growth. According to a ratings round-up by Crisil, banks will find it difficult to pass on the higher cost ... More

Forex leaps over $200-b mark
Strong dollar inflow likely to sustain More

Crude basket up marginally
Upward movement in international crude price saw the country's crude basket go up by seven cents to $65.86 a barrel on Thursday. The crude basket in April swung from a high of $66.26 on April 5 to a low of $64.94 on April 10. The Indian ... More

Vasan urges creation of strong database on socio-economic issues
Come July 1, the National Sample Survey would cover education, migration, employment and unemployment, and consumer expenditure. This would provide a sound database for taking evidence-based policy decisions in these critical sectors in ... More

HEALTH
Bird-flu preparedness scheme cleared
The Government has approved the "Preparedness, Control and Containment of Avian Influenza (AI) (Animal Health Component)" scheme, which has been allocated Rs 134.78 crore for the next three years, starting from March 2007-08. The ... More

PETROLEUM
Oil product sales up 4.6%
Due to boost in economy More

POWER
CII plans survey on power needs of south TN districts
Forming core team to promote rural biz hubs More

TAXATION
Two words that cause a tax glitch in SEZ
Despite the controversies over the future of SEZs, the tax holiday being provided by Section 10AA appears the best attraction for entrepreneurs to set up their business units in an SEZ. More

WATER
`World's first nano-material based water filter'
IIT-Madras is just about to release a water purifier using nanotechnology. "Technology used in the product is the very first and is home-grown. No nanoparticle based water filter exists in the world as of now," says Dr T. Pradeep, Professor in ... More

EDUCATION
`It's a unanimous decision by IIMs'
Deferring of admission list till April 21 More

Education fair in Pune
The 67th India International Education Fair, Education Worldwide India, is to be held in Pune on April 14 and 15. About 5,000 students are expected to take part in the event, Mr Siddharth Jain, Chief of Marketing Operations, said ... More

ELECTRICAL GOODS
PM seeks expert opinion on NTPC's equipment foray
Shortfall of 10th Plan generation capacity More

REAL ESTATE & CONSTRUCTION
ETA in talks with investors in US, Europe for township near Chennai
Real estate projects worth Rs 2,000 cr on the anvil More

Chunk of land waiting to be developed
Half a decade ago, when the Sanmar group was evaluating the merits of getting into textiles business, it bought a chunk of land — 150 acres near Sriperumbudur. The textile project was given up, but the group still owns the land. Today it ... More

KNITWEAR & HOSIERY
Tirupur hosting meet on flat knitting
Fashion-knitted garments produced using computerised flat-knitting machines are turning popular. The advantages in using flat-knitting technology are less labour intensive, more design possibility (in latest technology machines, of course) and ... More

RURAL DEVELOPMENT
The chequered course of Utkal Alumina project
The Utkal Alumina project has been a troubled one ever since it was conceived 14 years ago. The implementation of the project to produce one million tonnes of alumina per annum ran into trouble following resistance by local tribals over land ... More

INCOME TAX
Woes of TDS rate hike
An unfair burden on profitable firms More

EXPORTS & IMPORTS
India will export mangoes, import motorbikes from US
"The good news is that our mangoes are going to America and Harley Davidson is coming here." More

Textile exporters' concern over hardening rupee
Export of textiles and clothing from India to major markets is sliding on account of strong rupee. The worried textile exporters have urged the Central Government to intervene so that the country does not lose its share in the world textile ... More

Maharashtra announces sugar export subsidy
Rs 1,000/t relief package applicable this financial year More