![]() Financial Daily from THE HINDU group of publications Friday, August 26, 2005 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER Cyclonic circulation deferred by a day THE new cyclonic circulation expected to form over northwest Bay of Bengal and adjoining Orissa has been deferred by a day to Saturday. The National Centre for Medium Range Weather Forecasting (NCMRWF) said that the western end of the monsoon ... More SOCIAL SECURITY NAC draft Bill urges cess for unorganised sector THE National Advisory Council (NAC) headed by Congress President Ms Sonia Gandhi has suggested a cess to fund the social security needs of the approximately 37 crore workers in the unorganised sector. However, the NAC is silent on whether the ... More BUDGET
Chidambaram asks States to come up with Outcome BudgetsTHE Finance Minister, Mr P. Chidambaram, today urged the State Governments to follow the example of the Centre and come out with their own versions of `Outcome Budget'. "It (Outcome Budget) should not only be a Central Government exercise, it ... More ECONOMY Kerala shows growth in all sectors, says report THERE has been a revival of Kerala economy post-1990s with all the three primary, secondary and tertiary sectors showing impressive growth momentum, according to a report by the Centre for Development Studies (CDS). The Kerala ... More EXCISE AND CUSTOMS Leakages plugged in IMFL duty collections in Karnataka IT'S probably time to say `cheers' to a State-owned enterprise that has plugged leakages in duty collections of Indian Made Foreign Liquor (IMFL) sales in Karnataka. The State, once notorious for duty evasion and sales of seconds (non-duty ... More INFRASTRUCTURE Outcome Budget: Govt plans 9 new infrastructure projects INDICATING the Government's commitment to boosting infrastructure, the first-ever Outcome Budget has promised nine new projects under the public-private partnership route, a vast expansion of the country's highway network and dotting of the ... More PLASTICS Maharashtra ban on plastic bags may face hurdles Manufacturers' lobbies are convinced that such a ban is not going to work and will be watered down before it gets enacted. They are confident that the Government will `see reason' and there will be no need to move court. More POWER
Govt in talks with allies on amendments to Electricity ActTHE Power Minister, Mr P.M. Sayeed, on Thursday said that the proposed amendments to the Electricity Act would be made in consultation with allies of the ruling United Progressive Alliance (UPA). This comes in the wake of widespread criticism ... More
`Grid quality power to 25,000 villages by 2012'
System soon to monitor ongoing power projects
STEEL We are not hungry for iron ore, says POSCO POSCO, the South Korean steel major, will not push for exports of iron ore from India if the people and the Union Government do not want the exports to happen, authoritative sources in the company told journalists of The Hindu group of ... More RADIO/TV Clarification With reference to the news item captioned `Big names likely in second round of bids for FM radio' that appeared in these columns on August 24, Radio Mirchi clarifies that Radio City in Lucknow and Radio Mirchi in Pune have not shut down - both ... More EDUCATION Bangalore Management Association for good mechanism to rate B-schools THE Bangalore Management Association (BMA) is not averse to evolving a mechanism for rating business schools but would wait till a good mechanism is evolved to improve the standards of management education in the State. It had already brought ... More FOODS & FOOD PROCESSING Food Safety & Standards Bill tabled in Lok Sabha THE Food Safety and Standards Bill 2005 was introduced in the Lok Sabha on Thursday. The Bill seeks to set up a single regulator that will put in place food standards, and regulate manufacturing, import, processing, distribution and sale of food ... More REAL ESTATE & CONSTRUCTION DLF Universal to enter Hyderabad real estate market DLF Universal Ltd, a leading real estate developer, on Thursday announced its plans to enter Hyderabad market and other southern cities later. The company has purchased over 25 acres of land near the Gachibowli area in Cyberabad for developing ... More PRECIOUS METALS
Spot gold may test support levelSPOT gold prices ended lower on Wednesday on profit-taking as the currency markets turned choppy. Huge speculative net-log position in COMEX had been overhanging on the market as well resulting in position adjustment. Markets will also have to ... More INDUSTRY ASSOCIATIONS PHDCCI seeks independent authority for Delhi airport PHD Chamber of Commerce and Industry has urged the Ministry of Civil Aviation to set up an autonomous body to monitor ground and cargo services at Delhi airport. The chamber said that Delhi Airport should be developed as a hub for northern India, ... More HANDLOOM Handloom sector eyes $50-b exports by 2010 INDIAN handloom products are in great demand in the international market, with no competition from any country, and the industry targets $ 50 billion exports by 2010, said Dr B.V. Somasekhar, Director of the National Institute of Fashion ... More SCIENCE & TECHNOLOGY Medal for NGRI scientist HYDERABAD: Mr V. Chakravarthi, Scientist, National Geophysical Research Institute (NGRI), here has been selected for the Krishna Gold Medal of the Indian Geophysical Union (IGU) for the year 2005, for his contributions in the field of ... More DISINVESTMENT
Coalition limits options on privatisation: Manmohan"WE are a coalition Government and that limits our options in some ways. Privatisation happens to be one such area," the Prime Minister, Dr Manmohan Singh, has said in an interview to McKinsey Quarterly, a publication of the consultancy firm ... More FOREIGN DIRECT INVESTMENT PM confident of consensus on FDI in retail, labour laws THE Prime Minister, Dr Manmohan Singh, is confident of being able to permit foreign direct investment in the retail industry as well as go ahead with labour reforms. In an interview to The McKinsey Quarterly, a publication of the ... More SOCIAL WELFARE 22,071 units get aid under RYS programme AS many as 22,071 units, covering 30,000 youth, have been given financial assistance to the tune of Rs 178.42 crore under the Rajiv Yuva Shakthi (RYS) programme so far. The Government targeted to sanction Rs 600 crore to 60,000 units covering ... More RURAL DEVELOPMENT AP Govt to step up efforts to boost rural economy THE Chief Minister, Dr Y.S. Rajasekhara Reddy, has said that the Government has stepped up efforts to improve the rural economy and bring in rural transformation within two years. Speaking after releasing the book `Rural Transformation in India ... More
Rural infrastructure Nabard disbursals to States at Rs 25,384 cr INDUSTRIAL POLICY AP Govt sets eligibility criteria for industrial fund THE State Government has created an Industrial Promotion Fund under the recently announced Industrial Investment Promotion Policy, 2005-10. The fund will address specific problems of existing large-scale industries. While the Government plans ... More EVENTS
National meet on tourism in Kochi from todayAS many as 1,000 delegates are expected to participate in the 21st National Convention of Indian Association of Tour Operators to be held here from Friday. The theme for this year's convention is `Incredible Boom - Incredible Challenges'. ... More
GATE mock test
Singapore to host Asian film festival NATURAL CALAMITIES Post-flood, Mumbai slowly turns to `GIS' for disaster management IT is stuff that Hollywood movies are made of, where the hero launches his daredevil rescue mission based on digital maps. In today's Google world, large digital maps, Web-based maps and even palmtop-based maps are a daily reality, and the ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories 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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Looking back Aug. 14-Aug. 20 Kadirgamar's assassination shatters Lankan peace Industry hails new norms for fixing sugarcane SMP Revival of monsoon to take two more days 10 pc divestment in top PSUs can fetch Rs 31,000 cr: Assocham Awaiting the oil after-shock Govt announces norms for textile parks scheme Will King Abdullah keep Saudi economy well-oiled? Exporting iron ore is against national interests: Tata Steel MD Consumer durables sales decline in H1 Employment Guarantee Bill: Govt agrees to Left demands Economy can absorb petro-price shock `Electrical industry posts healthy growth in first quarter' Qatar keen to supply 1.25 mt more LNG for short term |
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