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Thursday, April 02, 2009
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INDUSTRY & ECONOMY

EXPORTS & IMPORTS: Trade deficit rises to $115 b in April-Feb
Exports continue to slide, down 22% in Feb; imports decline 23%. New Delhi, April 1 The country’s exports, continuing the downslide for the fifth month in a row this fiscal, suffered a serious jolt with a steep decline by 22 per cent at ...

CARS: For customer car seva
Automobiles are a tough sell these days, but manufacturers are trying their best to think out-of-the-box, from organising golf tourneys to interactions with top management.. What is the Swift’s mileage? Can the Hyundai i20 beat the Swift? ...

TEXTILES: Spinning a trendy yarn
The traditional South Indian silk saree gets a modern makeover as retailers push the boundaries.. When Nalli Next’s model sashayed down the ramp to pulsating music donning the creations of top fashion designers like Rohit Bal and Tarun ...

ECONOMY: Fleet operators feel the heat of slowdown
Number of buses transporting employees shrink by a third. Chennai, April 1 At the dawn and the dusk on any working day, it was a common sight in the recent several years to see at the entry points of Chennai’s industrial corridors clogged ...

EDUCATION: Banks see no slowdown in overseas education loan portfolio
A slight drop in number of applicants likely. Kolkata, April 1 The increased cost of overseas education because of the appreciating dollar and the uncertainty prevailing in the job market abroad may not have a significant impact on the overseas ...

INTERVIEW: Another fiscal stimulus will not help, says Venu Srinivasan
New Delhi, April 1 To be in the driver’s seat of the country’s largest industrial lobby group for the next 12 months is not going to be very easy for the new President of CII, Mr Venu ...

PSU: Three major Vizag PSUs suffer neglect
Visakhapatnam, April 1 The troubles of three major public sector units here – the Visakhapatnam steel plant, the Bharat Heavy Plate and Vessels Ltd (BHPV) and the Hindusthan Shipyard Ltd – suffering the economic slowdown have ...

EVENTS: Meet on hospitality industry
Hold on and continue to expand is what the hospitality experts had to tell the hotel industry at the Hotel Investment Conference – South Asia (HICSA) 2009, organised by HVS, the global consulting firm dedicated to the hotel, tourism ...

COAL: South Eastern Coalfields output up
South Eastern Coalfields Ltd (SECL), a mini ratna company, has produced 100.19 million tonnes of coal, against a targeted production of 96 million tonnes, which is a new output record within Coal India by any coal-producing company. The ...

ENTREPRENEURSHIP: Meet on entrepreneurship
Thiruvananthapuram, April 1 The Kollam-based TKM Institute of Management and the Thiruvananthapuram chapter of the National Institute of Personnel Management are organising a seminar on entrepreneurship in the city on ...

EXPORTS & IMPORTS: Bond requirements for shrimp exports to US off
‘Shipments likely to increase over Rs 1,000 cr’. Kochi, April 1 Following the World Trade Organisation’s ruling in favour of India and Thailand, the enhanced bonding requirements for Indian shrimp exports to the US have been ...

INCOME TAX: CBDT spells out format for e-filing of information
TDS on payment of non-residents. New Delhi, April 1 Remittances to non-residents may soon get monitored and tracked in a timely manner by the Income Tax department. From July 1, information on the payments made to a non-resident or a foreign ...

REGULATORY BODIES & RULINGS: IRDA tightens health cover renewal norms
Hyderabad, April 1 The Insurance Regulatory and Development Authority (IRDA) has tightened norms on renewability and other aspects of health insurance policies to ensure better protection of interests of ...

INFRASTRUCTURE: Webel plans integrated IT park, residential township
The West Bengal Electronics Industry Development Corporation Ltd (WEBEL), the nodal agency for IT and ITes development in the State, has drawn up a plan for setting up an integrated IT park and residential township on 100 acres at Kalyani in ...

TAXATION: e-payment of taxes mandatory
New Delhi, April 1 The Central Board of Direct Taxes (CBDT) has made e-payment of taxes mandatory for all deductors effective April 1. Accordingly, all categories of non-corporate taxpayers with turnover less than Rs 40 lakh or gross ...

EMPLOYMENT: ‘Hiring improves 5% in February’
Bangalore, April 1 Hiring activity in the country which had perked up in January kept up the pace and was up by five per cent in February compared to the previous ...

EDUCATION: Mr K.R. Upili, Retired Group Head and ex-board member of Siemens; T. John Institute of Technology
Bangalore, April 1 Preparation is the key to success in a job interview, said Mr K.R. Upili, Retired Group Head and ex-board member of Siemens, while delivering a lecture on how to prepare for an interview, organised by BL Club for the ...

EDUCATION: Mr K. Premanathan, Managing Director, Anand Engineering Products Pvt. Ltd; St.Joseph’s Institute of Management
Chennai, April 1 With increasing domestic consumption and employable workforce, supported by the stimulus packages extended by the Government, our economy will bounce back to post a healthy 8-10 per cent growth very soon, said Mr K. ...


Columnists: B Venkatesh C Gopinath Bhanoji Rao P.V. Indiresan




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Markets (April 1)
Nifty (at close)3060.35(+39.40)
US Dollar (Buy/Sell)50.83/85
Brent crude (a bbl) Rs2,439
Gold (a gram) Rs1,418
Silver (a kg) Rs22,805


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In Focus
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Mandate 2009

Who is hiring?

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Other Top Stories
Whose awards are they anyway?

DoT to audit accounts of all major telecom cos

IRDA tightens health cover renewal norms

‘Tea prices may rise 10% this fiscal’

Banks see no slowdown in overseas education loan portfolio

First day of Nano display is a quiet affair

Satyam to seek tech, financial bids in April second week

Looking back
Mar. 22-Mar. 28
All India consumer price index rises to 462 points

Rating SMEs not profitable: CARE

IAEA sees India emerging N-manufacturing power

‘India’s response to slowdown seems misdirected, may stoke inflation’

ISB Dean sees new trends in recruitment

Industry opposes zero duty import of white sugar

DTH retailers also feel the exam fever!

WTO foresees 9% fall in global trade in 2009

‘GDP growth rate to be 4.8-5.5% in 2009-10’

Import duty on raw, white sugar set to be scrapped

India Inc charts out economic CMP

PSBs: Weathering global recession

Escap sees Indian GDP growth moderating to 6% in 2009

Record borrowing target for 2009-10 first half

Renault puts Sandero hatchback plan on hold

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