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Saturday, July 07, 2007
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INDUSTRY & ECONOMY

EMPLOYMENT
The Hindu job fair begins today in Coimbatore
Our Bureau Coimbatore, July 6 The two-day The Hindu Opportunities Fair 2007 is opening here on Saturday.The newspaper has organised 16 such fairs in the last three years at different locations. More ... More

India, Qatar move to strengthen labour protection
New Delhi, July 6 India has decided to strengthen an agreement with Qatar for bilateral initiatives to increase the benefits of Indian workers working in Qatar. This would be in the form of an additional protocol over and above the existing ... More

CLIMATE & WEATHER
Monsoon mayhem
More

NRIS
FCNR-B deposit accounts: RBI proposes tie-up arrangement
Will help regional rural banks in getting support from sponsor banks More

South Indian Bank in pact with Oman exchange
Kochi July 6 The Chairman of South Indian Bank, Dr V.A. Joseph, and the Vice-Chairman of Oman International Exchange, Mr Habib Abdul Nabi Macki, have signed an agreement for enabling online fund transfer facility for non-resident Indians ... More

ECONOMY
Fiat on commodities prices
The Chief Minister, Dr Y.S. Rajasekhara Reddy, has asked his ministers to conduct weekly meetings to monitor prices of essential commodities and take measures to contain the prices. At a review meeting held on Tuesday, he asked the officials to ... More

ENVIRONMENT
IT firms warming up to get into the green act
Global warming has become a hot topic of discussion as the world spews as much as 28 billion tonnes of carbon dioxide every year (according to experts).If this continues at this rate for eight years, the earth would reach a ... More

EXCISE AND CUSTOMS
Abolition of addl duty on Scotch whisky hailed
Bangalore, July 6 The Scotch Whisky Association (SWA) has said the abolition of additional duty on Scotch whisky will allow imported and domestic spirit drinks to compete on equal terms in the market for the first time.FOR ... More

FOREIGN TRADE
Vietnam PM urges greater trade ties with India
Call for trebling $1-b bilateral trade in next five years More

Bengal trade delegation leaving for Vietnam
More

HEALTH
Govt launches III phase of AIDS control programme
The five-year third phase of the National AIDS Control Programme (NACP-III) was launched today with a budget of Rs 11,585 crore, of which the Government will spend Rs 8,023 crore.The Minister of Health and Family Welfare, Dr Anbumani ... More

INFRASTRUCTURE
‘India Inc must help strengthen public-private partnership model’
Bangalore, July 6 The Union Minister for Urban Development, Mr S. Jaipal Reddy, today sought India Inc’s contribution of managerial skill and financial capability to strengthen the public private partnership (PPP) model for rapid ... More

GVK Power, TIDCO putting up SEZ
Chennai, July 6 GVK Power & Infrastructure Ltd today signed a memorandum of understanding (MoU) with the Tamil Nadu Government to jointly develop a special economic zone in Perambalur District. The MoU was signed in the presence of ... More

PETROLEUM
ONGC set to get third project registered under CDM
New Delhi, July 6 Oil and Natural Gas Corporation (ONGC), which is targeting to achieve emission reduction of about 8,00,000 tonnes of carbon dioxide, is set to get another project registered under the Kyoto’s Clean Development Mechanism ... More

MRPL will export fuel to Mauritius from August
Three-year contract valued at $2 b signed More

ONGC, Reliance may make presentations on KG gas pricing soon
Gas producers – the state-owned ONGC and private sector Reliance Industries Ltd (RIL) – are likely to be called next week to make separate presentations before the Committee of Secretaries (CoS) examining the pricing issue of gas ... More

Indraprastha Gas to approach petroleum regulator soon
Gas distribution project issues More

STEEL
AP to waive captive power duty on ferro alloy units
Applicable only for power used for internal consumption More

TAXATION
Govt may allow use of second-hand machinery in SEZs
To address dichotomy between SEZ rules, I-T laws More

CBEC plans forum for services tax debate
New Delhi, July 6 The Central Board of Excise and Customs (CBEC) will soon form an institutional forum to discuss and debate various issues on services tax inviting participation from trade and industry bodies in view of the large number of ... More

COAL
New coal distribution policy may be finalised soon
New Delhi, July 6 The Coal Ministry is likely to finalise the new coal distribution policy in the next couple of weeks. The policy is likely to propose more transparency in the sale of coal and might reduce the number of industries in ... More

RADIO/TV
Muthoot’s FM to hit Chennai airwaves in Sept
Will have lots of interactive programmes, talk shows More

EDUCATION
‘Industry must spend on academia’
Chennai, July 6 “Where are the teachers?,” asks Prof. Ashok Jhunjhunwala, Department of Electrical Engineering, Indian Institute of Technology, responding to the IT industry’s suggestions to start institutes to coach students ... More

REAL ESTATE & CONSTRUCTION
Oakwood opens service apartments in Pune
More units in Mumbai, Bangalore during the year More

BIO-TECH & GENETICS
Genome Valley gets US certification
Hyderabad, July 6 Genome Valley, India’s first biotech cluster with world-class infrastructure, has obtained a Certification Mark from the United States Patent & Trademark Office (USPTO).The IP-related mark could help in ... More

SCIENCE & TECHNOLOGY
Kolkata boy bags award for radio frequency study
Kolkata, July 6 Kolkata boy Pattabhiraman Krishna, a student of Assemby of God Church School and Regional Engineering College, Rourkela, has done the city proud by bagging the GSI EPCglobal’s Software Action Group “Person of the ... More

DISINVESTMENT
UP puts all State, co-op sugar mills on the block
New Delhi, July 6 The Uttar Pradesh (UP) Government under Ms Mayawati is yet to unveil its promised new sugar industry promotion policy after having scrapped the earlier one framed by Mr Mulayam Singh Yadav’s administration. But ... More

ECONOMICS
The thin line of division between economic & financial behaviour
More

EXPORTS & IMPORTS
GoM decides against cap on iron ore exports
Differential rate of export duty to continue More

ECONOMIC OFFENCES
IT managers still clueless about securing information
Bangalore, July 6 One-third of all companies in India face threat of data loss by disgruntled employees. Papers and presentations on strategies, e-mails revealing roadmaps, sales pitches — critical information is being sold and bought ... More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
Forex reserves rise $937 m

UB’s Whyte & Mackay to have a new MD

FCNR-B deposit accounts: RBI proposes tie-up arrangement

MRPL will export fuel to Mauritius from August

World rice trade may hit record, but benefit to India doubtful

IT managers still clueless about securing information

ONGC set to get third project registered under CDM

Looking back
Jun. 24-Jun. 30
Auto majors go aggressive on marketing, raise ad spend

Input cost, labour crunch worry realty developers

Bonds advance on reserve money accretion, waning inflation

`Ministry working towards improving oil security'

`No plans to hike petrol prices'

Major road projects coming up for bidding

`Delay in review of food standards preventing rice bran oil promotion'

`Govt not to regulate salaries of private co executives'

Net direct tax collections up

Cardamom plants hit by rains, gale

Ministry extends deadline for drilling activities in NELP

FDI limit in aviation cargo may go up

Crude oil, natural gas output dips in May

‘Don’t force textile sector to bear power subsidy burden’

Current account surplus at $2.56 b

RBI mulls creating ‘housing stat index’

Ease cement import norms, says Andhra Pradesh CM



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