The Hindu Business Line : Monday, November 03, 2008

INDUSTRY & ECONOMY

PHARMACEUTICALS: Vitamin C continues to be in short supply
Formulation cos cut production as input supplies from China remain very high. Mumbai, Nov. 2 The Beijing Olympics is long over, but its indirect impact on Vitamin C supplies is still felt by way of shortages in the Indian ...

TERRORISM: Pornographic angle to terrorism?
Scotland Yard findings point to a disquieting trail.. A sensational twist to the analysis of modern terrorism came a few weeks ago with a prominent report (October 17, 2008) in the Times, London, according to which Scotland Yard (the London ...

PETROLEUM: A tab on the cylinder
NXP Semiconductors says it has come up with a solution based on RFID technology to help prevent LPG pilferage. The solution awaits adoption by oil companies.. How do oil companies prevent commercial use of LPG cylinders meant for homes? ...

EVENTS: BioAsia will be held in Hyderabad from Feb 2-4
Meet to discuss industrial, agri biotechnology issues. Hyderabad, Nov. 2 The sixth edition of BioAsia 2009 will be held in Hyderabad from February 2-4 next year at the Hyderabad International Convention ...

POWER: Gujarat industry substituting LNG with naphtha
60% reduction in global naphtha prices. Kolkata, Nov. 2 Having suffered from acute energy crisis leading to skyrocketing price of energy for almost eight months, especially during the last six months, the industries in Gujarat are now enjoying ...

EDUCATION: Pune to become second point of entrance to Japanese varsities
JASSO hopes to improve awareness on opportunities. Pune, Nov. 2 Pune would become the second centre in the country, after Delhi, where the Japan Student Services Organisation (JASSO) would be conducting the examination for Entrance to Japanese ...

HOTELS: Hotel industry cautioned on challenges
Kochi, Nov. 2 Architects should be seized of the growing awareness and need to bring in aesthetic designing of hotels and resorts to meet the increasing global expectations, Mr Mahesh Narayana, Senior Architect and Director of ...

STEEL: Paswan hints at extending more duty relief for steel industry
Lays stone for Jindal Bengal Steel; Buddhadeb calls for national iron ore policy. Salboni (West Bengal), Nov. 2 The Union Government is mulling further rationalisation of duty, covering both counterveiling and import duty, as a means to provide ...

EXPORTS & IMPORTS: New bank exposure norms boon to exporters
Forex derivative users hail move. Coimbatore, Nov. 2 The Reserve Bank of India’s decision to ease the off-balance sheet exposure norms of banks has come as a big relief to the exporters in Tirupur, particularly those with forex ...

POWER: Kerala electricity board seeks to increase tariff
‘Current levy not enough to bridge revenue deficit’. Thiruvananthapuram, Nov. 2 The Kerala State Electricity Board has informed the State electricity regulatory commission, KSERC, that given the precarious power availability ...

SOCIAL SECURITY: IFFCO-TOKIO rural insurance scheme
IFFCO-TOKIO General Insurance has plans to take its new micro insurance product — Janata Bima Yojana — across Tamil Nadu in two years, according to Mr N.K. Kedia, Director (Marketing). The new product, at an affordable premium of Rs ...

EXPORTS & IMPORTS: eGoM to decide on lifting ban on premium non-basmati rice exports
In the wake of decline in global prices of rice in recent months and the need to regain the lost market following a ban on export of non-basmati rice that includes premium and speciality rice varieties, the empowered Group of Ministers (eGoM) ...

PETROLEUM: ONGC hits dry well in first phase of Cauvery deepwater campaign
Plans to drill two more wells this year. New Delhi, Nov. 2 ONGC has not made a very positive beginning in its Cauvery deepwater block as it has hit a dry well in its first attempt. However, undeterred, it plans to drill two more wells in the ...

HEALTH: Eight hours of sleep
Sleep, nutrition, exercise, and relaxation are the four areas you must focus on to keep yourself healthy and less stressful, says William Atkinson in Eliminate Stress from Your Life Forever: A simple program for better living ...

TWO/THREE WHEELERS: Two-wheeler sales slip in October
The country’s largest two-wheeler maker, Hero Honda, despatched 3.52 lakh units to dealers, showing a decline of three per ...

HEALTH: ‘Increase expenditure on public health’
Kolkata, Nov. 2 Public expenditure on health should be increased to 2-3 per cent of GDP of the country, up from the present level of 1 per cent, Mr Surya Kant Mishra, West Bengal Health Minister, said here ...

ECONOMY: Time to get real
After four years the economy is witnessing the emergence of a softer monetary policy. As it had noted in its mid-term review, the Reserve Bank of India (RBI) is responding “swiftly” to the uncertain and unpredictable times with ...

INDUSTRY ASSOCIATIONS: Chamber holds meet with Collector
Kochi, Nov. 2 The Indian Chamber of Commerce and Industry organised an interactive session with the Ernakulam District Collector, Dr M. Beena, to find out solutions for several problems in the ...

TAXATION: ‘Recession may hit tax collection’
Bangalore, Nov. 2 The global sluggish economy was bound to affect Karnataka’s industrial production, which was expected to witness a decline reflecting on the State’s commercial tax ...

TOURISM: In unsure waters
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INDUSTRY ASSOCIATIONS: FICCI spells out strategy to revive growth
New Delhi, Nov. 2 FICCI has given a clarion call to the Government to pull out all the stops and take concerted steps to put the economy on the path of steady ...

URBAN DEVELOPMENT: TN looking at new Act for development of urban areas
Chennai, Nov. 2 The Tamil Nadu Government plans to amend the Town and Country Planning Act to strengthen the role of local bodies and promote co-ordination between them for ...

INFRASTRUCTURE: Bengal gets proposals for industries on Singur land
Salboni (West Midnapore), Nov. 2 The West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, said here on Sunday that the West Bengal Government had received several proposals from a cross-section of industrialists keen to set up industries ...

STEEL: JSW Steel cuts HR coil prices
Mumbai, Nov. 2 JSW Steel has announced a price cut of Rs 5,500 a tonne in HR coils. This reduction along with an 8-12 per cent reduction in October totals to an overall reduction of 25-30 per cent compared to peak prices in the domestic ...

NON-CONVENTIONAL ENERGY: IOB offers support for biofuel projects
Coimbatore, Nov. 2 Indian Overseas Bank has offered to extend financial support to viable biofuel plant cultivation projects. Towards this, the bank conducted a workshop jointly with Nabard on ‘biofuel plant cultivation’. ...

ECONOMY: Does terrorism pose a serious threat to the economy too?
Send in responses, along with your hi-res photo to: ...

TERRORISM: Assam blasts freeze truck traffic
The Assam blasts are taking a toll on road transportation of goods to and from the North East. Guwahati is the gateway to almost all North Eastern States and with the city being devastated by the blasts, there has been no movement of ...