Business Daily from THE HINDU group of publications
Monday, June 18, 2007
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Markets (June 15)
BSE Sensex14162.71 (-41.01)
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US Dollar (Buy/Sell)40.94 (-0.03)


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INDUSTRY & ECONOMY

URBAN DEVELOPMENT
States must focus on urban poor: PM
The Prime Minister, Dr Manmohan Singh, reviewed the progress of the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and reiterated the need for States to pay greater attention to the reform of urban governance, and modernisation of urban ... More

COMMODITY EXCHANGES
Two consortia in race to set up power exchanges
Both contenders in the process of getting regulatory nod More

ECONOMY
DESTINATION ORISSA: A BUINESS LINE FEATURE
On the growth chart
Looking from all angles, it now appears that Orissa has finally started moving forward to shed the "most backward state" tag by achieving development in almost all sectors. More

Cashing in on mineral reserves
Orissa, the most backward State of India, has finally burst onto the scene of industrialisation on strength of its mineral might. Its entry has been so powerful that about Rs 3,00,000 crore has been promised to the State in three sectors such as ... More

INFRASTRUCTURE
Using forex reserves for funding infrastructure
Forex reserves virtually make up the Reserve Bank of India's entire assets. From a position of shipping gold to London to borrow a few millions to the $200-billion reserves today, it has been a remarkable journey. A debate on making funds ... More

Assocham moots `Singapore Corridor' near Chennai
Mr Dhoot said that while Tamil Nadu was doing fine in economic development, it was "lagging behind" in execution of SEZs. More

PETROLEUM
AP objects to new price formula for petroleum
Calls for market regulator for gas prices More

EDUCATION
Nitte Education signs pact with Pennsylvania varsity
More

AUTOMOBILE COMPONENTS
Component makers set to follow auto majors into overseas markets
Cos may also source components from local suppliers abroad More

REAL ESTATE & CONSTRUCTION
Builders get reprieve on infrastructure, amenities levy
Madras High Court grants interim stay till June 25 More

GOLD & SILVER
Bullish reversal likely in gold
Gold futures settled higher on Friday driven by inflationary fears after a jump in US consumer price data and a surge in crude oil prices to 10-month highs. COMEX gold futures have risen higher after testing the support levels. There is ... More

INDUSTRY ASSOCIATIONS
`Cut down number of ministries'
The Associated Chambers of Commerce and Industries has suggested to the Union Government to bring down the number of Central ministries from 53 to 40. Addressing a press conference here, the Assocham President, Mr Venugopal Dhoot, pointed out ... More

New President for Fapcci
Mr Atluri Subba Rao has been elected as the President of the Federation of Andhra Pradesh Chambers of Commerce Industry (Fapcci) for the year 2007-08. He served as Senior Vice-President of the apex industry body of the State ... More

CINEMA
Kerala bans excess ticket rates for new movies
The Government had learnt that theatre owners were charging five or six times the original rates for some films. More

EVENTS

  • Agenda for the week

    EXPORTS & IMPORTS
    Wheat offtake contained below 12 million tonnes
    High global prices may upset import plans More






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    Union Budget 2007-08

    Railway Budget 2007-2008

    Economic Survey 2006-2007

    Top Stories
    Using forex reserves for funding infrastructure

    Bonds firm as traders await RBI intervention to soak up liquidity

    Wheat offtake contained below 12 million tonnes

    `We both believe in a strong, sustainable partnership'

    Tax experts feel CBDT circular not definitive

    Looking back
    Jun. 10-Jun. 16
    Panel proposes fine-tuning of banking data under GATS

    `On a structural basis, rupee may keep appreciating against dollar'

    Petrol, diesel retail price to be reviewed in mid-July

    Row over delivery of chilli on NCDEX

    Reliance hopes to have gas price formula in place by July

    Seafood industry hit by rising rupee

    TN imposes new charge on building projects

    Rising rupee: The causes and consequences

    `Sorghum-based ethanol will not impact food security'

    `Realty prices may dip 7-10% in six months'

    Strong Re: EEPC sees negative impact on exports

    `Growing cos face higher attrition rates'

    Truck sales slowdown may not impact tyre cos in Q1

    US corporates outsource legal work to India



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