The Hindu Business Line : Friday, May 04, 2007

CLIMATE & WEATHER
Many fish species adapting to climate change: Study
Some of the commercially viable maritime fish species have begun to adapt to the climate changes and warming ocean temperatures of the Indian coastline. In a study, Dr E.Vivekanandan, Head of the Demersal Fisheries Division of Central Marine ... More

NRIS
SBH increases deposit rates
State Bank of Hyderabad has raised interest rates on Non-Resident External term deposits with effect from May 1. The interest on deposits for a period of one year to less than two years, the interest rate has been hiked to 5.30 ... More

INVESTMENTS
Canada targets rich immigrants for investment
Offers benefits of permanent citizens More

NON-CONVENTIONAL ENERGY
Long-term biofuels policy soon
A long-term biofuels policy, which is under consideration with the Government, is expected to be in place in the next six months, said Dr S.K. Chopra, Special Secretary, Ministry of New and Renewable Energy. The policy would ... More

BUDGET
Chidambaram scraps dual excise on cement
Indirect tax sops announced; FBT on stock options stays More

Chidambaram says inflation will be moderated
Govt, RBI taking measures on fiscal and monetary side More

12% ad valorem duty on cement selling above Rs 190 a bag
Dual excise duty structure dropped More

`More could have been done'
The Finance Minister, Mr P. Chidambaram's reply to the debate on the Finance Bill in the Lok Sabha on Thursday met with mixed reaction from industry bodies. Apart from stating that much more could have been done to enhance the competitiveness of ... More

CEMENT
ACC picking up 12% stake in Shiva Cement
May convert it into a joint venture in 2 years More

COURTS/LEGAL ISSUES
Nandigram people victims of political rivalry: HC
A division bench of Calcutta High Court comprising Mr S.S. Nijjar, Chief Justice, and Justice P.C. Ghose, today observed that the people of Nandigram in West Bengal had become a victim of political rivalry. The Court expressed great anxiety over ... More

Financial laws
NEW CHAIR: Rt. Hon'ble Baroness Ashton, Under-Secretary of State, Department of Constitutional Affairs, UK, with Dr A. Jayagovind, Vice-Chancellor, National Law School of India University (right); and Dr V Vijayakumar, Registrar, at the NLSIU ... More

ECONOMY
Futures not behind rise in commodity prices: MCX official
`Demand, supply behind inflation' More

EXCISE AND CUSTOMS
12% ad valorem duty on cement selling above Rs 190 a bag
Dual excise duty structure dropped More

Govt rolls back customs duty on aircraft imports for charters
The Government on Thursday withdrew the proposal to levy a 3 per cent customs duty, apart from a 16 per cent countervailing duty and a 4 per cent special customs duty, on aircraft being imported for operation of non-scheduled charters and for ... More

FOREIGN TRADE
For closer ties
THE UNION Minister for IT and Communications, Mr Dayanidhi Maran, and the Swedish Foreign Minister, Mr Carl Bildt, in the Capital on Thursday. Mr Bildt, who is leading a Swedish delegation on a three-day visit, said the two countries are expected ... More

PSU
IPE seminar on MoUs
The Institute of Public Enterprises (IPE) will be organizing a one-day seminar on `Principles and Practices of Memorandum of Understanding (MoU) in Public Enterprises' on May 5 here. Issues such as evolution of MoU, the system as ... More

PETROLEUM
`No uniform retail pricing on petro products'
The Minister of State for Petroleum and Natural Gas, Mr Dinsha Patel, on Thursday informed the Lok Sabha that there was no proposal for making the retail selling prices of petroleum products uniform all over the country. He said "though the ... More

POWER
NTPC, Meghalaya Electricity Board sign PPAs
NTPC Ltd and Meghalaya State Electricity Board (MeSEB) have signed two power purchase agreements (PPA) for the supply of power to the State of Meghalaya. As per the agreements, 40 MW power shall be supplied from NTPC's Kahalgaon Stage-II ... More

WATER
Conserving water with rain gardens
NEW HYDERABAD AIRPORT More

EDUCATION
ISB sees more women students
The Indian School of Business (ISB) here has attracted more women students this year compared to the pervious year. Their number has increased to 25 per cent of 425 in the class of 2008, compared with 20 per cent of 416 in the ... More

`Setting goals, the first step towards a successful career'
"Do you harbour the ambition to reach the top, seek perfection, have faith in yourself, your team and your boss, and are able to stretch yourself tirelessly?" According to Mr R. Shekar, Principal Consultant, Goldratt India, students who set ... More

SCIENCE & TECHNOLOGY
Govt okays Nano Mission launch
The launch of a Mission on Nano Science and Technology with an allocation of Rs 1,000 crore over a five-year period was approved by the Cabinet on Thursday. The Department of Science and Technology, the nodal agency for ... More

MINERALS
Dual duty on iron ore exports
In an attempt to strike a balance between the contradictory demands made by the domestic mining industry and the domestic steel industry, the Finance Minister, Mr P. Chidambaram, on Thursday introduced dual export duty structure for iron ore ... More

NEWSPAPERS & PUBLISHING
IJS ties up with Springer
The Indian Journal of Surgery has entered into an agreement with Springer, a global publisher in the fields of science, technology and medicine. The agreement should help the IJS expand marketing activities and reach a larger ... More

RURAL DEVELOPMENT
Financial inclusion — Banking on a rural shift
Bank branches in rural pockets are attracting growing business volumes. And the nationalised banks should get cracking if they are not to lose the first-mover advantage. More

EXPORTS & IMPORTS
N. Indian teas to Pak: Exporters prefer rail route to sea
Say container trains will cut transit time by half, reduce costs More

MMTC to revive fertiliser, methanol imports
To meet the growing demand from the industry in Andhra Pradesh the public sector MMTC has decided to revive its import of fertiliser products and also methanol during fiscal 2007-08. Both raw material and finished fertilisers would be supplied. ... More

Direct procurement of rough diamonds gathers pace
Trims down dependence on De Beers; imports over $15 m More

TOURISM
Yatra Online pilgrimage package
Yatra Online Pvt Ltd, one of the leading online travel company, is offering specially customised pilgrimage packages for south Indian temple tour and Tirupati Darshan. The other destinations would be covered included Kanchipuram, ... More