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Wednesday, August 27, 2008
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EXPORTS & IMPORTS: Relax ban on non-basmati rice export: Malaysian firm
Plea for allowing Ponni variety on health grounds. New Delhi, Aug. 26 Even as a Malaysian company has got registered the non-basmati premium variety rice, Ponni, trademark rights in Kuala Lumpur, the company’s parent Bernas Group has ...

EVENTS: ‘Industry should step up R&D investments’
Better tech capability for meeting Defence service needs. New Delhi, Aug. 26 The domestic industry will have to step up investment in research and development to improve its technological capability to meet the requirements of the defence ...

TEXTILES: ‘Hike in cotton support price will sink textile sector’
SIMA urges pragmatic approach while fixing price. Coimbatore, Aug. 26 The cotton textile industry fears that any abnormal increase in the minimum support price (MSP) for cotton would be detrimental to the interests of not only the textile ...

TEXTILES: Rupee impact: Mixed signals for textiles in short term
Cos foresee margins going up in the fourth quarter. Kolkata, Aug. 26 A sharp depreciation of rupee against greenback and the appreciation of the local currency against euro and strong rise in cotton prices in the recent weeks appear to have a ...

CEMENT: Cement shortage in AP may ease
6 mt additional capacity likely by March. Hyderabad, Aug 26 Andhra Pradesh, which has been facing shortage of cement for quite some time, is set for some relief as over six million tonnes of additional capacity is expected to be added in the ...

EDUCATION: Competition for colleges
The four-day annual festival of Narsee Monji College of Commerce and Economics concluded on August 19. Usha Pravin Gandhi College of Management was adjudged the overall champions of various competitions held in connection with the annual festival ...

SCIENCE & TECHNOLOGY: NGRI scientist to visit Iceland


TOURISM: Kerala Tourism bets on special packages
With total domestic tourist arrivals to Kerala showing a 15 per cent increase during January-March over the corresponding period last year, Kerala Tourism is stepping up efforts to attract more visitors by introducing several innovative ...

EVENTS: PanIIT ’08: ‘Project’ that looks at creating a better India
Chennai, Aug. 26 PanIIT, an umbrella alumni organisation of all seven IIT institutes, on Tuesday announced the annual IIT Global Conference — PanIIT 2008. ...

POWER: Energex 2008 to showcase Tiruchi zone as power gear hub
Tiruchi, Aug. 26 Energex 2008, an energy excellence exhibition of the Confederation of Indian Industry (CII), slated for September 26 to 28 here, is being designed as a platform to showcase the potential of Tiruchi zone as a major engineering ...

ECONOMY: ‘Second generation reforms needed for over 8 pc growth’
Hyderabad, Aug. 26 To ensure economic growth rate of above 8 per cent, second generation economic reforms should be taken up on a warfooting, according to Dr Percy S Mistry, Chairman, Oxford International ...

PETROLEUM: RIL to transfer KG D6 block interest to four subsidiaries
Mumbai, Aug. 26 Reliance Industries Ltd said on Tuesday that it proposes to transfer 80 per cent participatory interest in KG D6 block in the Krishna-Godavari basin oil and gas fields to its four wholly-owned ...

PETROLEUM: Cairn hopes to produce 16% more oil from Rajasthan fields
Cairn India has revised the oil production forecast from its Rajasthan fields. The company is expecting to produce 16 per cent more oil, at 175,000 barrels a day from the earlier estimate of 150,000 barrels a day, once it starts production in ...

EVENTS: Singapore hosts World Malayalee Council meet
Kochi, Aug. 26 Doha Bank and its associate Doha Brokerage and Financial Services Ltd participated in the World Malayalee Conference hosted by the World Malayalee Council in Singapore last week. The conference was attended by Malayalees from ...

DISINVESTMENT: TCIL stake sale in Hexacom gets DoT nod; Bharti may pick up 30% stake
New Delhi, Aug. 26 The Department of Telecom has given its approval to divesting the 30 per cent stake held by Telecommunications Consultant of India Ltd in Bharti Hexacom, a company which offers mobile services in Rajasthan. ...

FOREIGN TRADE: ‘India, US need to increase trade scope’
Chennai, Aug. 26 India and the US should pay special attention to infrastructure, financial services, bilateral investments and renewable energy to increase trade opportunities, according to US Commercial Consul, Ms Aileen Crowe ...

NON-CONVENTIONAL ENERGY: The bio-fuel revolution may bypass sons of the soil
The increasing volatility in the prices of crude oil, which crossed $146 a barrel before dropping over $20 from that level, provides the right background for promoting exploration of domestic sources of petroleum. It provides an even better ...

ECONOMY: US economy: Between zero growth and recession?
It is the most often heard question these days. When will the crisis afflicting First World financial institutions ...

ENVIRONMENT: Plastics ban in Tiruchi
The ban on production and use of plastics below 20 microns in thickness will come into effect in the city from September 1. The Corporation Council, on April 30 this year, had adopted a resolution banning the plastics on the grounds of ...

COURTS/LEGAL ISSUES: Law school holds maritime law meet
The Indian Institute of Maritime Law organised a seminar here on “Arrest of a Vessel”. Speaking on the occasion, Mr Justice A.K. Basheer of the Kerala High Court said that the maritime law is in the process of evolution in India. The ...






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Markets (Aug 26)
Nifty (at close)4337.50(+2.15)
US Dollar (Buy/Sell)44.01/02
Brent crude (a bbl) Rs4,933
Gold (a gram) Rs1,094
Silver (a kg) Rs20,295


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Remembering Ramachander

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Looking back
Aug. 17-Aug. 23
High operating costs result in flat Q1 net for hotel industry

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SIDBI urged to disclose disbursement details

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Bonds remain flat as inflation worry looms

Tyre sector’s share in rubber consumption set to increase

Seafood exports: Share of shrimps falls; frozen finfish records rise

Problems dog basmati rice export industry

Inflation or terms of trade adjustment?

No takers for fuel prices export parity regime

ONGC to reimburse service tax dues to shipping cos

TRAI seeks regulation over television content

Focus on preparing entrepreneurs to meet global challenges

‘Slowdown to have minimal impact on pay hikes in 2009’

Ministry sees scope for higher direct taxes share in overall tax kitty

10% ethanol blending unlikely by October

Bio-fuels to be brought under the ambit of ‘declared goods’

‘New entrants spoil the party for realty sector’



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