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Sunday, August 07, 2005


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INDUSTRY & ECONOMY

INVESTMENTS


Mutual fund investing on auto-pilot mode
YOU have done your homework, mulled over numbers and invested your savings into the best mutual funds you could identify. If you thought that was all you needed to do to get the best out of your investments, you are ... More

ECONOMY


Pursue economic reforms with social outlook: Asim Dasgupta
LEADING economists have agreed that the economy needs to grow at the rate of 7 per cent per annum, although they differed on the role the Government should play. Discussing the subject `The 7-per cent growth economy: Does the Government really ... More

Insulate economy from energy shocks: PM
THE Prime Minister, Dr Manmohan Singh, said on Saturday that in the light of the continuing rise of international oil prices, India must diversify its energy supplies, manage energy resources more economically and pursue rational pricing ... More

EXCISE AND CUSTOMS


Poking & prying with a purpose
A CASE that came up before the Bangalore tribunal recently was about MGIT and GITAM, short for Mahatma Gandhi Institute of Technology, and Gandhi Institute of Technology and Management, on one side, and an angry taxman on the other. The story ... More

FOREIGN TRADE


`Indo-German trade poised for multi-fold growth'
TRADE between India and Germany is set for a multi-fold growth in the next few years. At least three major events are going to take place in the next three months to promote business between the countries. Handelblatt, a leading German ... More

INFRASTRUCTURE


Gitanjali group to set up SEZ in Hyderabad
THE Andhra Pradesh Government on Saturday allocated 200 acres of land to the Gitanjali group to set up a special economic zone (SEZ) for the gems and jewellery sector at Shamsabad (25 km from Hyderabad main city), at an investment of Rs 200 crore ... More

PETROLEUM


Govt concerned over spiralling fuel prices: Aiyar
THE Union Minister for Petroleum and Natural Gas, Mr Mani Shankar Aiyar, said on Saturday that the Government is seriously concerned about the spiralling fuel prices, as the country's top-notch public sector oil companies had suffered losses in ... More

Tariff Commission may solely decide on natural gas pricing
THE pricing of natural gas produced by Oil and Natural Gas Corporation and Oil India is likely to be decided solely by the Tariff Commission, with the Petroleum Ministry unwilling to suggest any mechanism to be adopted for the ... More

POWER


Excess rainfall disrupts hydel power generation — Floods, heavy silting create problems
WHILE the monsoons have spruced up the overall generation of hydro electric power, the copious rains in the catchments areas of a number of the larger power projects, combined with heavy silting of rivers, have paradoxically led to disruption of ... More

Damodar Valley Corpn faces coal shortage
THE Damodar Valley Corporation is facing a severe short supply of coal. The corporation's Durgapur generation facility is running only on a day's stock. The biggest generation station of 840 MW at Mejia has just seven days' stock. Sources said ... More

TAXATION


`VAT impact on Q1 PC sales only incidental'
CONFUSION over value-added tax (VAT) was only incidental in having affected computer sales in April-June, a quarter that does not portend good tidings to the industry even in the best of times. "We're not at all worried this would have any ... More

READYMADE GARMENTS


Share of readymades up in rural clothing
FROM Rs 3,355 crore in 1987-88, it grew to Rs 6,585 crore in 1993-94, and then shot up to Rs 14,743 crore in 1999-2000. At this rate, the total rural demand for clothing today would well be in excess of Rs 20,000 crore. From the marketing ... More

MINING & QUARRYING


Centre asks States to clear mining licences applications fast
THE Centre has asked State governments to clear applications for mining licences fast, and has set up a committee to study the need for increasing the maximum limit of prospecting licences and mining lease areas, the Mines Minister, Mr Sis Ram ... More

GENDER


Women have better track record in repaying loans: Chidambaram
THE Union Finance Minister, Mr P. Chidambaram, on Saturday asked banks to alter conventional perceptions of women in credit appraisal. Inaugurating BIZWOMEN-2005, a two-day conference on growing women's business to new heights, here, Mr ... More

EVENTS


Kamal Nath urges `budding managers' to take India forward
THE Minister of Commerce and Industry, Mr Kamal Nath, today urged budding managers to tap India's market and take it forward, in line with the country's endeavour to double its share in the world trade, in the next five years. Speaking to ... More

NATURAL CALAMITIES


Flooded warehouses: Tough task for companies
SPEAK to Reliance somehow. I don't want to hear what is wrong. Tell me what you can do when everything is down." The Sony official at Paras Complex, off Palaspa Phatta near the area Panvel, had a problem. His company had a mother warehouse at ... More


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Top Stories
Govt concerned over spiralling fuel prices: Aiyar


`VAT impact on Q1 PC sales only incidental'

Share of readymades up in rural clothing

Flooded warehouses: Tough task for companies

In Focus

BHEL Disinvestment
The Yuan Revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Jul. 31-Aug. 6
`This is the first airport with a long-term master plan'

Huge motor claims may test solvency of pvt insurers — Fresh capitalisation may be needed

Fiscal deficit up 30.79 pc in Q1

Pakistan may resume sugar imports from India — 3-4 lakh tonnes export likely

Under-recoveries by oil cos may exceed Rs 40,000 cr: Aiyar

Mumbai rain claims at 10,000 for Rs 1,500 cr

Water storage level 25 pc higher than average in a decade — Oil seeds, rice coverage still lagging behind

Rains wreak havoc — Maharashtra poultry industry in trouble

Youth rescued from rare cancer caused by prevalent bacteria

Centre to locate new power plants along coast — To use blended coal as feedstock

Steel prices may bounce back in third quarter: Assocham

Coffee exports may dip to 10-year low — Growers, traders hold back stocks anticipating higher price

Supplements get 25-40 pc of main issue readership: NRS

Agricultural income fell 7 pc in 2002-03; no fall in consumption

Rail freight corridor: Gujarat seeks `ports-friendly' route

Hiranandani group to enter Chennai real estate market


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