The Hindu Business Line : Tuesday, May 01, 2007

BUDGET
Inflation worries dominate debate on Finance Bill
The Government came under attack in the Lok Sabha from both the ruling coalition and opposition members over its inability to tackle inflation and provide a solution to the aam admi's problems on price rise in the economy. In the debate ... More

ENVIRONMENT
River pollution: PCB notice to panchayat
The Kerala State Pollution Control Board (KSPCB) has directed the President and Secretary of Kanjirappally Grama Panchayat in Kottayam district to take necessary steps to stop further pollution of River Chittar flowing through the town. In a ... More

EXCISE AND CUSTOMS
Chennai Customs' revenue mop-up rises 35%
Chennai Customs saw a 35 per cent jump in revenue collection last year — in line with the record handling of cargo at the Chennai port. The record Rs 12,815-crore collection in 2006-07 is a reflection of the buoyancy in trade, observed ... More

FOREIGN TRADE
Italian team visits Technopark
A 35-member industrial delegation from Italy currently touring the State visited the Technopark here on Monday. The delegation comprised young CEOs representing industries such as IT, tourism, real state, food processing, ... More

HEALTH
Abbott's anti-AIDS drug may become cheaper
Is a price cut in the offing on generic copies of Abbott's anti-AIDS drug, Kaletra? Patient advocacy groups seem to think so, as generic versions available in the market are selling at prices matching or higher than those offered by Abbott, the ... More

PSU
Over 300 ONGC ex-staff apply for re-employment
Co seeks greater autonomy in deciding remuneration More

PETROLEUM
Crude output up 5.6%, gas down by 2% last fiscal
The country's crude oil output for the financial year ended March 2007 was up 5.6 per cent to 33.98 million tonne (mt) compared with 32.19 mt in the previous fiscal. Crude oil output in March rose 3.2 per cent to 2.93 mt from 2.84 mt in the ... More

Airlines propose hike in fuel surcharge
Increase in aviation turbine fuel price More

POWER
Union Power Ministry okays NTPC-TELK joint venture
Formal order expected in a fortnight More

Mumbai multiplexes, malls under new tariff category
MERC brings in changes to give `in-built' sops to consumers More

Gas pipeline delay hits Dabhol plant restart
`Maharashtra stands to lose 700 MW of power by June' More

TEXTILES
Mandate on APCO cloth procurement
In a bid to improve the lot of the handloom weavers in the State, the Andhra Pradesh Government has mandated all its departments to procure cloth from APCO for their uniform needs. Dr Y.S. Rajasekhara Reddy, the Chief Minister, ... More

BREWERIES
Aurangabad has something to cheer about
BEER CAPITAL More

RADIO/TV
CNN-IBN goes free in Kolkata
CNN-IBN will be a free-to-air channel in the CAS notified areas of Kolkata from May 15. The Telecom Regulatory Authority of India (TRAI) on Monday posted the subscription status of three channels on it Web site. While SET ... More

EDUCATION
Students urged to be prompt with responses
Communication skills have become a vital tool for professionals today. In fact, the ability to communicate well can decide the very survival of companies. In the communication process, one should be quick to respond to any correspondence ... More

FOODS & FOOD PROCESSING
`Food processing the key to industrial growth'
The country's efforts to have a sustained industrial growth of 10 per cent, among other things, hinge on steady growth of the food processing industry, according to Dr Ajay Dua, Secretary, Department of Industrial Policy and Promotion. Dr Dua ... More

FOREIGN DIRECT INVESTMENT
Patil Rail among Rs 351-cr FDI plans cleared
Secunderabad-based Patil Rail Infrastructure Private Ltd's proposal to induct foreign equity up to 49 per cent involving foreign direct investment of Rs 240.75 crore was among the various FDI proposals cleared by the Government today. A total ... More

RURAL DEVELOPMENT
Akshaya-Unesco pilot project to be launched in Kannur
As part of the Kerala Government's programme to provide all gram panchayats in the State with their own custom-made Web portals in Malayalam, a pilot project is set to be launched in Kannur district. The project is being implemented by Akshaya, ... More

Rural job scheme for more dists
The Union Government has decided to extend the National Rural Employment Guarantee Scheme (NREGS) to six more districts in Andhra Pradesh, taking the total districts covered under the scheme to 19. According to Mr S. Santhi ... More

ENTREPRENEURSHIP
Norwegian women entrepreneurs in India
The Minister of State for External Affairs, Mr Anand Sharma, today invited Norwegian companies to invest in India in various sectors. "I invite Norwegian companies to participate in the vast infrastructure boom that is now unfolding in India," ... More

EXPORTS & IMPORTS
Exim Bank plans to raise Rs 13,000 cr in 2007-08
Rs 6,000 cr to be in foreign currency, the rest in rupees More

$160-b export target too ambitious: Survey
The target of $160 billion for exports for 2007-2008 set by the Government is too ambitious to achieve with the sharp rise in rupee value and emerging slowdown of the global economy, according to 79 per cent respondents to a survey conducted ... More