The Hindu Business Line : Wednesday, May 30, 2007

URBAN DEVELOPMENT
Plan to redevelop Dharavi slums
On June 1, the Maharashtra Government will call for global expression of interest for the redevelopment of Dharavi slum. The slum would be developed on the basis of public private partnership, said Mr S.S. Kshatriya, Principal Secretary ... More

NRIS
Centre for NRI investments
To help transform the overseas Indian workers from mere savers to investors, Mr Vayalar Ravi, Minister for Overseas Indian Affairs, launched the Overseas Indian Facilitation Centre (OIFC). The centre is an effort of the Ministry ... More

ECONOMY
Centre commits Rs 25,000 cr for farm strategies
The National Development Council (NDC) today proposed a slew of measures to pep up agricultural growth. These include a new additional Central assistance commitment of Rs 25,000 crore over the next four years for State-specific farm strategies, ... More

4% farm growth feasible if we can take tough decisions: PM
States urged to draw up their own plan for agriculture More

The financial liberalisation trilemma
Interest rates should deter inflation but not investment, the exchange rate should foster exports and both should be effectively managed without fetters on capital flows. More

ACCOUNTANCY
ICWAI moving against CIMA?
The Institute of Cost and Works Accountants of India (ICWAI) is understood to have sent a letter to the AICTE (All India Council for Technical Education) complaining about the operations of the UK-based CIMA (the Chartered Institute of Management ... More

ENVIRONMENT
Environmental clearance for fishing harbour
The proposed fishing harbour at Chettuva in Thrissur district, has obtained the clearance from the Union Ministry for Environment and Forest. This is the first fishing harbour being developed in the district and is estimated to cost Rs. 21.27 ... More

FOREIGN TRADE
India likely to ink FTA with Gulf nations soon
India's total trade with the GCC countries rising: Kamal Nath More

PETROLEUM
`IOC losing Rs 2,500 cr every month'
Re rise, refining margins soften under-realisation impact More

PHARMACEUTICALS
Ranbaxy allowed to launch generic Lipitor
Ranbaxy Laboratories has said that the Norwegian Appeals Court has ruled in its favour in its case against Pfizer over the cholesterol drug, atorvastatin. In a statement, the company said that the Oslo City Court had also previously found that ... More

TAXATION
Tourism Ministry to discuss tax issues
The Ministry of Tourism will discuss the multiplicity of taxes on tourism with the Finance Ministry to create an enabling situation for the sector to achieve a higher trajectory of growth. Other issues that will be discussed would be high ... More

SSI
Mangalore small units facing labour shortage
Infrastructure projects, services sector to blame More

`Scope for more joint ventures with Australia'
There is good scope for joint ventures between India and Australia in various fields, according to Mr Aminur Rahman, Australian Trade Commissioner and Consul General. Interacting with the members of Kanara Chamber of Commerce and Industry ... More

BREWERIES
IMFL, beer will cost more in Sikkim
State levies additional educational cess More

RADIO/TV
`DD channels mandatory on cable'
The Telecom Regulatory Authority of India (TRAI) on Tuesday directed all cable operators to carry Doordarshan channels on their network. As per Prasar Bharati's notifications mandated by sub-section (3) of section 8 of the Cable ... More

EDUCATION
`Innovative ideas needed to stay competitive'
Students must develop a global mindset, says Nasscom chief More

MEDICAL INSTITUTIONS & HOSPITALS
Manipal group plans healthcare retail foray in July
Rs 150-cr rollout to debut in Bangalore, Ahmedabad; tie-up with Future group on hold More

LEATHER
Leather industry feels the sting of strong rupee
The leather industry, which has sustained an annual export growth of about 15 per cent in 2006-07, could take a drastic hit in the current year due to the strengthening rupee, according to the Council for Leather Exports (CLE). Briefing ... More

HANDLOOM
TN will set up five handloom export zones
Programmes may be extended to more States More

RURAL DEVELOPMENT
Most yearly targets under Bharat Nirman met: Minister
`Bharat Nirman' was evolved for achieving goals in six areas of rural infrastructure such as irrigation, drinking water, housing, roads, telephony and electrification. More

NREG scheme: Not enough work
Only four per cent of the respondents to a survey got work for more 30 days in a year under the National Rural Employment Guarantee Scheme in Raebareli in Uttar Pradesh (UP) against a minimum of 100 days in a year mandated under ... More

VENTURE CAPITAL
AP Investment Fund to support small firms
The fund has been raised through contributions from non-resident Indian community to support start-ups. More

TOURISM
Malaysia lures European tourists visiting Goa
Mulls co-branding proposal with India More