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INDUSTRY & ECONOMY
REGULATORY BODIES & RULINGS:
US blocks 30 Ranbaxy drugs
Regulator blacklists 2 facilities; no bar on drugs from other units. New Delhi, Sept. 17 In a blow to Ranbaxy Pharmaceuticals Ltd, the US Food and Drug Administration has blacklisted about 30 generic drugs being manufactured by the company at ...
REGULATORY BODIES & RULINGS:
Pharma sector worried over USFDA’s ‘conservatism’
Sharp fall in new drug approvals this year. Hyderabad, Sept 17 The ‘conservative’ approach of US Food and Drug Administration in granting new drug approvals and quality norms can have a long-term impact on the drug industry, ...
EXCISE AND CUSTOMS:
‘No plans to review import duty on farm items’
Focus of concern may shift from consumers to farmers. New Delhi, Sept. 17 The Centre has no plans as of now to re-impose customs duties on agricultural products, many of which are currently importable at nil duty. This comes even as harvesting ...
PSU:
‘PSU status hampers BHEL in bidding process’
Lack of transparency in equipment selection, says Minister. Chennai, Sept. 17 Public sector power equipment-major BHEL may be sitting on orders worth Rs 1 lakh crore. But , its status as a PSU is making it difficult for the company to compete ...
TOURISM:
India urges nations not to issue travel advisories
Hyderabad, Sept. 17 India has asked countries not to issue travel advisories against it going by the recent ...
EDUCATION:
Jairam Ramesh to open BL Club meet at SRM University today
Chennai, Sept. 17 The Business Line Club, originally set up in 2004 at what is now the SRM University, will be inaugurated on Thursday for the academic year 2008-09 at the same institution by Mr Jairam Ramesh, Union ...
EDUCATION:
IIM-Lucknow to train senior agriculture scientists
Thiruvananthapuram, Sept 17 The Centre for Food and Agribusiness Management (CFAM) at the Indian Institute of Management-Lucknow (IIM-L) has launched a management development programme for senior scientists of the Indian Council of ...
ECONOMY:
Realistic fiscal framework needed: PwC Survey
Should keep pace with business practices. India’s fiscal framework needs to account for changing business realities and practices, say a number of respondents to a survey commissioned by professional services ...
POWER:
NHPC signs pact with Myanmar to develop two hydel projects
To play lead role in the projects along Chindwin river on Indo-Myanmar border. New Delhi, Sept. 17 India has managed a breakthrough in its hydropower diplomacy in the South Asian region, with State-owned hydropower major NHPC Ltd inking a pact ...
RURAL DEVELOPMENT:
Assam to get $100-million ADB loan
To support additional fiscal reforms, reduce poverty in rural hinterlands. New Delhi, Sept. 17 The Asian Development Bank (ADB) is providing a $100 million loan to the Assam Government to support additional fiscal reforms to free up resources ...
STEEL:
Jindal Stainless not to cut prices further
‘Weak rupee has led to rise in input costs’. New Delhi, Sept. 17 Jindal Stainless Ltd is unlikely to cut product prices in the immediate future because of prevailing higher input costs. “The rupee has weakened very sharply, ...
TOURISM:
AP to focus on adventure, eco tourism
Hyderabad, Sept. 17 With no heritage site on its tourism menu and having no advantage of being in the Delhi-Agra-Jaipur circuit, Andhra Pradesh has decided to bank on innovative products such as adventure and eco tourism, while focussing on ...
EMPLOYMENT:
Global crisis: IIM-A says ‘no impact’ on opportunities
Ahmedabad, Sept. 17 The Indian Institute of Management-Ahmedabad (IIM-A) today expressed “solidarity” with its old associates, Lehman Brothers and Merrill Lynch, saying the status of a few firms is “unlikely to impact” ...
HUMAN RESOURCES:
‘Money not a priority for students choosing a company’
Study says they look for a rich learning experience. Chennai, Sept. 17 Monetary reward ranks fifth in the order of students’ expectations from their employers. The top four preferences are a rich learning experience, practical exposure, ...
ANTI-DUMPING:
Dumping probe on colour picture tubes imports from Indonesia
New Delhi, Sept. 17 The Designated Authority in the Commerce Ministry has initiated anti-dumping probe into the import of cathode ray colour television picture tubes originating in or exported from Indonesia, following a petition lodged ...
FOREIGN TRADE:
French agro-food SME team to visit India
New Delhi, Sept 17 A French delegation of small and medium enterprises (SME) in the agro-food sector will visit India next year to strengthen business ties between the two countries, the visiting Foreign Trade Minister of France, Ms Anne ...
PETROLEUM:
Need to add more hydrocarbon reserves: Deora
New Delhi, Sept. 17 The Petroleum and Natural Gas Minister, Mr Murli Deora, emphasised the need for adding more hydrocarbon reserves and for stepping up the efficiency in production especially in the light of country’s heavy ...
HUMAN RESOURCES:
Skill Development Policy draft
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ECONOMY:
`Peace essential for growth'
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