INDUSTRY & ECONOMY
INVESTMENTS
Pharma: Glowing with growth
India is emerging as the global hub for contract research and manufacturing services due to a combination of low-cost and world-class quality standards.
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ANTI-DUMPING
Virchow Labs hit by Chinese dumping duty
Eyeing alternative product line to sustain profits
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ECONOMY
Commodity price risks: To hedge or not to hedge
One of the key inflation-fighting tools used by the Government in recent times has been import liberalisation. To ease the domestic prices of many commodities both for intermediate and final consumption the Government has moved ...
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Chidambaram confident of 10% GDP growth
The Union Finance Minister, Mr P. Chidambaram, has said the country is marching towards achieving a GDP growth of nearly 10 per cent during the current fiscal. Speaking after inaugurating the new factory of Saarc Tool Tech Pvt Ltd at ...
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PETROLEUM
`India's oil reserves to last just another 19 years'
Lower estimate reflects inability to add to its proven reserves
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EDUCATION
IIM to be set up in AP
An Indian Institute of Management (IIM) would be set up in Andhra Pradesh in the current plan period, according to the Union Minister for Human Resource Development, Mr Arjun Singh. Mr Singh made this announcement in response to ...
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CARS
Question & Auto
I want to buy a new car and have narrowed my choice to the Hyundai Santro Xing and the Chevrolet Spark. Which one should I choose if I intend keeping the car for the next five years? Iftekhar Hussain I plan to buy my first ...
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REAL ESTATE & CONSTRUCTION
`No slowdown in demand for commercial properties'
Mumbai-based realty major Hiranandani Group has said real estate prices in the non-commercial segment have hit a plateau and housing stock sales are down. The Managing Director of Hiranandani Group, Mr Niranjan Hiranandani, told Business ...
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REGULATORY BODIES & RULINGS
Excessive regulation strangling global insurance sector: Survey
"Reinsurers are mainly concerned with the problems of managing the insurance cycle at a time when it is turning down."
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INCOME TAX
No tax by-pass for heart drugs
I have since been spending money on medicines as part of the post-operative treatment. Can I claim the deduction under Section 80DDB in respect of the expenditure on medicines incurred as part of the post-operative treatment? T. ...
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EXPORTS & IMPORTS
Rupee impact: Exporters hedge receivables to cut losses
Infosys, TCS have raised their risk coverage limits
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