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INDUSTRY & ECONOMY
ECONOMY:
Sensex dips 227, trims early losses on fall in inflation
Mumbai, Oct. 16 The measures announced by the Government and the financial markets regulators to boost investor confidence had no positive impact on Indian equities on ...
PETROLEUM:
No fuel price cut for now: Deora
New Delhi, Oct. 16 The Petroleum Minister, Mr Murli Deora, has ruled out an immediate price cut on petrol, diesel and domestic LPG. “I welcome fall in oil prices. But the global prices have not fallen enough to warrant a reduction. We ...
PETROLEUM:
IOC likely to benefit from foreign currency movements
Has ‘natural’ risk cover due to dollar–denominated product pricing. Kolkata. Oct. 16 At a time when all eyes are fixed on the sharp depreciation of the rupee vis-À-vis dollar and its possible negative impact on the foreign ...
NON-CONVENTIONAL ENERGY:
Over 250 MW of cogeneration power capacity lying idle
Sugar mills, TNEB not able to agree on coal pricing and power tariff. Chennai, Oct.16 Over 250 MW of cogeneration power capacity that could be used to tackle the power shortage in Tamil Nadu is lying idle with sugar mills as the industry and ...
INDUSTRY ASSOCIATIONS:
Karnataka Chamber plans better liaison with State, Centre
Bangalore, Oct. 16 In a bid to enhance its effectiveness, the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) has inducted a Secretary General and appointed an Adviser in Delhi for better coordination with the Central and ...
EXPORTS & IMPORTS:
Extractors body seeks duty imposition on edible oils
Urges Centre to revisit import duty structure. Chennai, Oct 16 The Solvent Extractors Association of India has urged the Centre to impose at least 30 per cent duty on crude palm oil and 37.5 per cent on RBD palmolein and 20 per cent on crude ...
AUDITING:
CAG urged to sharpen skills to evaluate public-private models
Focus has to be on good governance, says PM. New Delhi, Oct. 16 The Prime Minister, Dr Manmohan Singh, on Thursday urged public auditor CAG to sharpen skills so as to evaluate complex arrangements, in an increasingly integrated world, such as ...
PSU:
ECIL upgrades infrastructure
Electronics Corporation of India Ltd (ECIL) has upgraded the infrastructure at its Tirupati unit to support execution of the order received from Election Commission of India for supply of 78,000 electronic voting machines (EVMs). In a release ...
POWER:
‘Power utilisation losses cause payment defaults’
Coimbatore, Oct. 16 Southern India Mills Association (SIMA) has urged the Tamil Nadu Government to implement its suggestion of High Speed Diesel (HSD) oil model by reimbursing the cost of captive power generation for augmenting power supply ...
SCIENCE & TECHNOLOGY:
As ISRO’s lunar date nears, tracking systems are in full gear
Bangalore, Oct. 16 When Chandrayaan-1, the nation’s most ambitious and biggest space adventure to date, takes off on its lunar odyssey at the crack of dawn on October 22, two giant antennae at Bangalore will start tracking it 17 ...
VISA REGULATIONS:
New visa rules for biz visitors to UK
...
HOTELS:
Phoenix group builds luxury hotel dreams
Bangalore, Oct. 16 Hospitality company Phoenix Group Global has launched its brand of luxury hotels — Zuri Hotels & Resorts. The company, which currently has three properties in India on franchise agreement with Carlson ...
EXCISE AND CUSTOMS:
Excise duty revenues decline 3.8% in Sept
New Delhi, Oct 16 The Centre’s excise duty revenues declined 3.8 per cent in September 2008 to Rs 9,800 crore compared with Rs 10,186 crore recorded in the same month last year. This revenue collection performance is in sharp contrast ...
FOREIGN TRADE:
Indo-US bilateral trade may top $50 b in 2008
Hyderabad, Oct. 16 The United States Commercial Service on Wednesday stated that the total bilateral trade between India and the US is likely to exceed $50 billion by the end of 2008 against $41.6 billion ...
RADIO/TV:
First rural community radio station goes on air
Hyderabad, Oct. 16 Sangham Radio, the country’s first rural community radio station, went on air at Machnoor village in Medak district of Andhra ...
EDUCATION:
Mr M. Sivaramakrishna, Centre for Good Governance; Loyola Academy Degree and PG College
Hyderabad, Oct. 16 “It is important to understand one’s core strengths to achieve the maximum growth in a career in a short time,” said Mr M. Sivaramakrishna, Deputy Executive Director and Director (Management ...
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