The Hindu Business Line : Tuesday, May 09, 2006

Heat is on
DUSTY TOP: A view of Connaught Place under the cover of dust haze which brought down the temperature and shot up the humidity in Delhi on Monday. ... More

NRIS

Woes of the migrant workers
With better working and living conditions in West Asia, the non-resident Keralite worker can give back much more to both his adopted land in the Gulf and his home State of Kerala. More

Andhra Bank plans Kochi NRI branch
Andhra Bank is planning to open an NRI branch in Kerala within the next couple of months. The branch will be located in Kochi, Mr K. Ramakrishnan, Chairman and Managing Director, said here on Monday. The bank is also set to open a ... More

AWARDS & HONOURS

Aavishkaar India bags UNDP award
Aavishkaar India Micro Venture Capital Funds has won the World Business Award sponsored by United Nations Development Program (UNDP). The award is in recognition of service towards fulfillment of millennium development goals. A social venture ... More

ECONOMY

To power 7-8% GDP growth
Integrated Energy Policy More

Kerala's finances in good shape, says Minister
The financial position of Kerala is healthy with the exchequer having a surplus of Rs 201.46 crore as on May 6, according to the Finance Minister, Mr Vakkom Purushothaman. He said here on Monday that there was no ways and means advances or ... More

HEALTH

EMRI service in AP to be charged from July 1
The Emergency Management Research Institute (EMRI), which runs the `108' service, is contemplating nominal charges for those who can pay, from July 1, 2006, to raise funds for efficient running of its operations. At a news conference today, the ... More

INFRASTRUCTURE

Revive plan to use forex for infrastructure
After President Bush's visit, there was a sharp increase in the forex reserves. What has fuelled this spurt, and why is there no more talk of using the reserves to fund infrastructure projects? More

PETROLEUM

HPCL-Total joint venture begins work on cavern unit
May help in cutting down freight costs More

CII for proactive oil conservation measures
"India is deeply and excessively dependent on the imports of oil with more than 70 per cent of our total consumption being imported," Mr R. Seshasayee, President of the Confederation of Indian Industry (CII), said here on Monday. Mr Seshasayee ... More

CII meet on natural gas
The Confederation of Indian Industry will organise a daylong conference on `Natural gas - Unravelling the potential of the K-G Basin' on May 12 here. "The recent discovery of gas in the basin, along the East coast, is expected ... More

POWER

Tribunal dismisses plea on power trading margin cap
`No jurisdiction over regulations' More

AP plans to invest more in T&D systems
The Chief Minister, Dr Y.S. Rajasekhara Reddy, has said that the State would step up investment in the power sector transmission and distribution (T&D) network. Ahead of laying the foundation stone for the 400 KV substation at Gajwel in Medak ... More

`Time to address grim power situation in the North'
Demand management like load shedding could only be a part response More

TAXATION

`For CST phase-out, all States should adopt VAT'
Another issue is absence of credible IT-based data system: Shome More

Hopes of wind in sails of shipping cos
"The proposed action clearly appears to be motivated by the recent deletion of Section 65(105) Explanation and the introduction of new Section 66A relating to the scheme of taxation of imported service with effect from April 19, 2006.'' More

WATER

Flood in summer!
WITH THE CLOSURE of irrigation canals, excess water being let into the sea from Prakasam Barrage in Vijayawada on Monday. - Ch. Vijaya Bhaskar ... More

RADIO/TV

WorldSpace expands to 4 more cities
Goa, Jaipur, Nagpur and Thiruvananthapuram have nearly 2.6 million targeted listener base and a total population of 6.2 million. Nearly 100 retail outlets are there across the new markets and more are expected in the near term, the digital radio ... More

REAL ESTATE & CONSTRUCTION

Srinivasa Shipping in pact with Malaysian firm for township project
The company has set up two special purpose vehicles to develop residential complexes in Hyderabad and Chennai. More

INDUSTRY ASSOCIATIONS

FAPCCI hails rates cut
The Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) has welcomed the Andhra Pradesh Government decision to reduce rate on 179 industrial inputs from 12.5 per cent to 4 per cent category. The chambers had ... More

SCIENCE & TECHNOLOGY

J.C. Bose Fellowship
Dr Lalji Singh, Director, Centre for Cellular and Molecular Biology (CCMB), here has been selected for the J.C. Bose National Fellowship. Instituted by the Department of Science and Technology (DST) in August 2005, the Fellowship ... More

SOCIAL WELFARE

New way to untangle the reservation mess
The controversy over reservation, of seats in higher educational institutions and employment in the private sector, can be resolved in a manner that balances equity with excellence. The Government could start academic institutions exclusively for the disadvantaged sections. More

E-COMMERCE & E-BUSINESS

`E-commerce proves a big boon for entrepreneurs'
Online transactions set to hit Rs 2,300 cr in 2006-07 More

EVENTS

US plans to post `IPR attache' in Delhi
US helping India, other countries in implementing effective IPR protection More

EXPORTS & IMPORTS

Pepper exports from India, Vietnam rise
Shipments from Brazil, Indonesia dip More

Growers' coop slams demand to ban rubber exports
The attempt of the tyre manufacturers to ban rubber exports should be stopped forthwith and rubber marketing co-operative societies, rubber producers societies and other organisations such as Infam and farmers associations should join together to ... More

PEOPLE

Rare honour for ophthalmologist
Dr Gullapalli N. Rao, Chairman of the governing board of L V Prasad Eye Institute was invited to deliver one of the two keynote lectures at the annual meeting of the Association for Vision and Ophthalmology (ARVO) at Fort ... More