Financial Daily from THE HINDU group of publications
Friday, January 27, 2006
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BSE Sensex9685.74(+135.82)
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INDUSTRY & ECONOMY

ECONOMY


Plan panel pitches for higher gross budgetary support next fiscal
AS the Budget preparation for the next fiscal year is under way, the Planning Commission has plumped for a substantial increase in gross budgetary support (GBS) to the 2006-07 annual Plan to funnel funds to the flagship programmes and other ... More

Kerala CM leaves for Davos
THE Chief Minister, Mr Oommen Chandy, will project the State's achievements and development potential at the World Economic Forum meet at Davos in Switzerland. The Chief Minister, who left for Davos on Thursday, said in an informal interaction ... More

HEALTH


Eat well to... work well!
Unhealthy eating practices will result in a staggering blow to productivity and health. More

INFRASTRUCTURE


SEZ may be set up in Bengal foundry park
WEST Bengal Industrial Development Corporation Ltd and the Indian Foundry Association are actively considering setting up a Special Economic Zone (SEZ) in the proposed foundry park in the State. According Mr S.C. Dugar, President of the ... More

TEXTILES


Flexible labour law for textiles on anvil
IN a bid to introduce labour law flexibility for the textiles sector, the Government is considering a proposal whereby firms could be given the go-ahead to employ "non-permanent" workers if they furnish bank guarantees against the names of these ... More

`Chinese textile gear price quotes are machine-specific' — Says a SIMA study
`But today China producers had jacked up their price, which means their prices are based on your specification, and this calls for Indian buyers choosing appropriate combinations before going with their indents to buy from China.' More

SSI


APSFC, Bank of India in pact for speedy credit to SMEs
IN an attempt at ensuring integrated and speedy flow of credit to SMEs, the Andhra Pradesh State Financial Corporation (APSFC) has entered into an alliance with Bank of India. The alliance is meant to provide easy facility of working capital ... More

RADIO/TV


ISRO sees mobile TV as the new money-spinner — Mobile video tech to be packed on to Insat-4E
IN the world of entertainment, what after digital radio and DTH? Don't tell this yet to the cops who flag you down for touching the cell phone while driving - in around three years from now, you could be watching television while you move ... More

EDUCATION


`Investment is a winners-all game'
"INVESTMENT is a winners-all game whereas speculation is winners plus losers, and gambling is a losers-all game," said Mr G. Sridhar, Executive Director of India Cements Investment Services Ltd, Chennai, addressing students of Commerce and ... More

MEDICAL INSTITUTIONS & HOSPITALS


Docs can look for Isabel's prescription — Web-based diagnosis to help course of treatment
IT is not meant to replace the doctor's judgment. But `Isabel' certainly hopes to become a virtual Google for diagnosis, where an online search with the patient's symptoms gives the doctor a list of diagnoses to evaluate before deciding on the ... More

PRECIOUS METALS


Gold may correct lower
SPOT gold prices stormed higher mostly on investment buying driven by concerns about West Asia tensions, higher energy prices, dollar instability and positive gold fundamentals. The other precious/industrial metal, silver gained sharply higher on ... More

INDUSTRY ASSOCIATIONS


India Inc stress on reaching out to rural markets
AS India celebrated its Republic Day on Thursday, Davos, the Swiss venue of the World Economic Forum also saw the Indian contingent here celebrate the emergence of an even more vibrant democracy back home. And while the Indian political and ... More

HANDLOOM


`Include handloom sector in marking panel'
THE Merchants Chamber of Commerce, in a recent representation to the Union Textiles Minister, Mr Shankar Singh Vaghela, has lamented the absence of any representative of the handloom & powerloom sectors on the 11-member committee set up by the .. More

HUMAN RESOURCES


IT — the flip side
IT and ITES have brought success and affluence. But is there a downside? Two industry leaders take stock. More

EVENTS


Govt targeting $10-b FDI in '06-07: Kamal Nath
THE Government is targeting an overall foreign direct investment (FDI) inflow of $10 billion during the next fiscal and expects around $7.5 billion in the current financial year, the Minister for Commerce and Industry, Mr Kamal Nath,said on ... More

Chidambaram highlights developments to woo global investors at Davos — `Power, airports, food processingsectors offer potential'
THE Finance Minister, Mr P. Chidambaram, today made a strong pitch to global investors to invest in the booming Indian economy, highlighting power, airports and food processing among the emerging thrust areas. Speaking at a breakfast meeting ... More

Floating Bridge
The newly-inducted Amphibious Floating Bridge and Ferry System for moving traffic across large and deep water obstacles, developed by DRDO, rolling down the Rajpath during the 57th Republic Day celebrations on Thursday. ... More




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Looking back
Jan. 15-Jan. 21
IMD funds from Gulf may move into mutual funds

Base import prices cut for crude palm, soyabean oils

Tax advantage for recent buyers of Reliance shares — Stiff tax liability for short-term sale of RIL stock

`Ultra-mega' power plants — Generation cost to be under Rs 2 per unit

Rising domestic prices curb cotton exports

`Create knowledge partnership directory'

Nagarjuna Power rejects Jindal's offer to buy out Udupi project

Health Ministry to push for ban on smoking scenes

AIR to air running commentary of Indo-Pak series

`India will become third largest plastic consumer by 2010'

Some M&A gyan for Indian cos

India cannot go back on reforms: Goh


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