The Hindu Business Line : Saturday, May 24, 2008

ACCIDENTS
Bengal sets up panel to look into fire prevention measures
Kolkata, May 23 The West Bengal Government on Friday announced the setting up of a high-level, five-member committee that will look into the fire prevention measures that have been put in place by shopping malls across the State.The ... More

EMPLOYMENT
Tirupur job fair from today
The ‘Job Fair 2008’, the second annual jobbing event organised by the Coimbatore-based Axon Global Consulting in association with its employment portal, Tirupurjobs.net, opens tomorrow at the IKF fair complex in Tirupur. The ... More

ANTI-DUMPING
Chinese tyre imports surge despite dumping duty
Price differences at 10-30% More

BUDGET
Loan waiver gets bigger with inclusion of ‘other’ farmers
Guidelines unveiled; scheme is expected to cost exchequer Rs 71,680 cr More

ECONOMY
COMMODITY COMMENTARY
Inflation – tough, uncertain times ahead
Govt initiatives not yielding results; monsoon holds key to food prices More

Central devolutions reveal skewed equity base, says study
Thiruvananthapuram, May 23 Devolution of tax as well as grants to States barring those at the lowest end of the per capita incomes have not always embraced the principle of ‘horizontal equity’, says a study of finances of 13 major ... More

Service cos expect rise in activity in next 12 months: KPMG survey
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Inflation puts bank stocks under pressure
Farm loan announcements further trigger selling More

ENVIRONMENT
Should we be taxed for using the environment?
Countries such as the Netherlands, Portugal, and Finland have brought in differentiations into their car registration taxes so as to encourage buyers to opt for the `cleanest' car models. Indeed, taking into account congestion, pollution, and the ... More

EXCISE AND CUSTOMS
EEPC wants clarity on export duty codes for iron, steel
Kolkata, May 23 The Engineering Export Promotion Council (EEPC) has urged the Centre to clarify the ITC HS codes on which export duty has been levied on iron and steel items.In a statement, the EEPC Chairman, Mr Rakesh Shah, has said ... More

FOREIGN TRADE
Expand list of items traded at Nathula: Chamling
Gangtok, May 23 The Sikkim Chief Minister, Mr Pawan Chamling called on the Union Home Minister Shivraj Patil in New Delhi on Thursday and urged him to expand the list of items that can be traded at the Nathula border with China which would ... More

US steps up efforts to forge bilateral investment pact
New Delhi, May 23 The US administration has stepped up efforts towards forging a bilateral investment pact with India.“We have had further discussions on the Bilateral Investment Treaty with the Indian side. We hope to accelerate ... More

INFRASTRUCTURE
AP may convert entire Fab City into processing zone
Hyderabad, May 23 In what could be a major relief to companies like Anil Dhirubhai Ambani Group, Videocon Group and a couple of others, the Andhra Pradesh Government is considering earmarking the entire 1,200 acres in Fab City on the ... More

PSU
Package for oil companies soon
Price hike inevitable, says Petroleum Secretary More

PETROLEUM
ONGC set to open bids for Tripura plant by mid-June
Kolkata, May 23 ONGC seems to have made some progress in awarding EPC contracts for implementing the 740-MW gas-based ONGC Tripura Power. The energy major is now to set to open financial bids for the EPC contract by mid-June. ... More

Wait and watch
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BPCL's Manmad unit sealed
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STEEL
No decision yet on rollback of steel export duty
New Delhi, May 23 The Government on Friday indicated that a decision on whether to roll back export duty on steel products or not is pending at the highest level of the Government and some decision could be expected soon.Speaking to ... More

SSI
Cisco launches new service for SMBs
New Delhi, May 23 In a bid to increase its focus on the small-and medium-sized businesses (SMB) in India, Cisco has announced the availability of its Smart Care Service designed to help mid-market customers simplify network maintenance through ... More

WATER
KWA to have consultancy wing
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EDUCATION
Non-metro school students win Intel science innovation awards
Many of them hope develop projects and patent their discoveries More

Bilcare course in clinical research
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Rajagiri, US biz school join hands
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SCIENCE & TECHNOLOGY
Prithvi missile test-fired successfully
An Indian Army user team has successfully test-fired the extended range Prithvi-II missile off the Balasore, Orissa coast on Friday . At 10.26 a.m. the Army team and scientists from the Defence Research and Development Organisation (DRDO), ... More

INSA award to CCMB scientist
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MINERALS
Australia reiterates its stand on uranium export
123 ratification by Indian Parliament holds key More

HUMAN RESOURCES
CII-Southern Region to train 50,000 school dropouts this fiscal
Hyderabad, May 23 The Confederation of Indian Industry (CII), Southern Region, plans to provide pre-employment training to 50,000 school drop-outs across the region during the current financial year.“In Andhra Pradesh alone, CII ... More

INCOME TAX
DS Consulting helps file I-T returns
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EXPORTS & IMPORTS
Commerce Ministry doesn’t expect rollback of export sops
New Delhi, May 23 The Commerce Ministry deems it “premature” to roll back the export benefits such as pre and post-shipment credit and interest rate subvention granted to exporters in the wake of consistent rise in rupee value ... More