Financial Daily from THE HINDU group of publications
Monday, June 12, 2006
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INDUSTRY & ECONOMY

CLIMATE & WEATHER
Distant Thunder
ON THE WESTERN SKYLINE: Clouds gathering around the skyline of Mumbai as the south-west monsoon is yet to be set in city.

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Monsoon revival likely after June 20
Monsoon is likely to revive after June 20 when westerly flows over the Arabian Sea are expected to pick under the influence of two favourable circulatory features on either side of the Indian subcontinent. While an amplified westerly ... More

NRIS
Research unit on migration
The Ministry of Overseas Indian Affairs, Government of India, is setting up a research unit at the Centre for Development Studies (CDS) here to carry out research on international migration. Mr Vayalar Ravi, Minister for Overseas ... More

NON-CONVENTIONAL ENERGY
`Biodiesel success depends on supportive policy'
There is a suggestion that oil PSUs need to come up with proactive supportive policies to encourage production of cleaner greener fuels. `Vegetable oil industry ideally suited for biodiesel ventures' More

ECONOMY
Bonds down on FIIs exit, inflationary concerns
Bankers said that credit demand was expected to pick upfrom the end of next month when the peak season begins. Yet the major worry among the banks was funding the credit. Yield spreads remain wide on low interest from insurers, MFs More

Govt `surprised' over CITU complaint to ILO
Introduction of new series of consumer price index numbers More

EXCISE AND CUSTOMS
Of cables and classification...
Alcatel and the tax man fight it out over `individually sheathed fibres' for customs duty purpose. More

FOREIGN TRADE
Turkey may invest in hotel construction
India could see Turkish investment in construction of hotels and cooperation in sourcingbuilding materials such as marble. India could invest in oil fields, IT and multimedia, said the Turkish Ambassador, Mr Halil Akinci, at a meeting ... More

HEALTH
A `joint' effort
Technology and the surgeon pitch in to treat knee problems and put patients back on their feet. More

Team effort
The Andhra Pradesh Governor, Mr Rameshwar Thakur, releasing the operation manual for the Red Ribbon Club after launching the club at Raj Bhavan in Hyderabad on Sunday. The RRC will be established in every school and college to provide youth with ... More

INFRASTRUCTURE
Hudco to help set up mirror model in Afghanistan
Housing, urban infrastructure projects More

IHDP to be ready by September
The five-acre International Home Décor Park (IHDP) to come up in Noida will be ready for exporters to transact business by September, according to its director, Mr Aditya Gupta. Slated to be a one-stop shop for buyers who come ... More

Farmers dig up expressway
A PERIPHERAL ROAD, part of the Bangalore-Mysore Infrastructure Corridor project, dug up by farmers.

More

PETROLEUM
Sob stories on fuel to make your woes lighter
These days, any discussion on fuel price quickly touches a raw nerve. Because, we know that the State Governments and the Centre take away as taxes almost 55 per cent of what we pay for petrol. In comparison, taxes in other countries are at low ... More

PHARMACEUTICALS
No exclusive right for trademark just because it was registered: Delhi HC
Dispute involves Astrazeneca UK and Orchid Chemicals More

US biopharma cos prefer India to China
Opportunities abound for both to tap each other's market More

TAXATION
TN waives ST component on diesel price
The Tamil Nadu Government has decided not to levy the incremental component of sales tax on diesel, thereby reducing the price of diesel by 45 paise a litre. The increase will now work out Rs 1.78 a litre against the earlier Rs 2.23, according ... More

Oil price: States should take the initiative
Reducing imposts would add mileage to the political posturing by the States vis-a-vis the Centre on the oil price-increase issue. More

SSI
UGS to focus on SMBs
UGS India Pvt Ltd, a wholly-owned subsidiary of the $1.2-billion turnover UGS Corp Inc of the US, has firmed up plans to focus on the small & medium businesses (SMB) segment for its product lifestyle management (PLM) products and More

TERRORISM
Foil the attack
Given terrorists' use of cyber space, law enforcement agencies need to be on their toes to neutralise threats. More

EDUCATION
CAREER CROSSROADS
CA vs NCFM
I am a 27-year-old CA-final student. I am interested in finance and actively track the stock market. I am also an investor and manage the funds of my family members. Recently, I heard about NCFM (NSE's Certification in Financial Markets) ... More

The importance of nurturing talent
Statistically, talent is equally distributed among all communities and classes. The final success depends on how well the talent is nurtured. More

Sify facilitates online exams
Sees good response from banks, plans dedicated centres More

`Globalisation of auditing norms has increased scope for CAs'
ICAI to aggressively market new curriculum More

Classes for Engg students
The Centre for Continuing Education under the Institution of Engineers (India), Kerala State Centre, is conducting classes for the benefit of engineering students. The classes will begin on Monday and will mainly benefit ... More

REAL ESTATE & CONSTRUCTION
Crossings to invest in UP township
Crossings Infrastructure Ltd today said it plans to invest Rs 3,000 crore for a new integrated township project spread over 300 acres in Uttar Pradesh. "The UP Government had announced its policy for private sector investment in housing for ... More

Lanco to develop residential township
To be a mixed development project More

MANPOWER
India offshore edge sustainable: Paper
More work needed to build talent pool More

GENDER
Avtar Career to hire part-time women employees
Avtar Career Creators, a city-based placement company, will hire about 100 part-time women employees to work for a large multinational organisation. Candidates with a good command of English and the right attitude to fit into the workplace would ... More

RURAL DEVELOPMENT
Reaching rural areas through technology
Banks plan to open more rural branches, ATMs More

EXPORTS & IMPORTS
Pulses importers upset
Seek clarification from Govt on ambiguities in notification More

VENTURE CAPITAL
Idea launches shared access service for rural entrepreneurs
To enable setting up payphone biz for cost of a handset More

NATURAL CALAMITIES
Farmers in trouble
Kerala's suicide-prone farmers need more than mere financial and psychological succour - they need well-focused agrarian policies that will ensure reasonable returns and a secure livelihood. More






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Top Stories
Pulses importers upset


Lay investor is perhaps slightly confused at this juncture

India offshore edge sustainable: Paper

Toll technology war hots up

Global vegetable oil prices likely to firm up

Bonds down on FIIs exit, inflationary concerns

Seafarers' tax: Novel idea to retain manpower

The importance of nurturing talent

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
More

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More

Looking back
Jun. 4-Jun. 10
STC finalises 8 lakh t wheat import deal

Rental laws and gains

IndianOil plans to import 40.9 mt crude oil in '06-07

BV Biologicals to offer manufacturing facilities

GAIL favours cost of service method for computing tariff

Pak mulls removing import duty on Indian tea

Air version of BrahMos missile `in next few years'

Inflation concerns, FIIs' pullout dampen bonds

Banks aggressive on rural portfolio

CLW moving to electronic payment system from June 15

Grains of failure

Ennore port projects get environment clearance

Study highlights changing attitude of Indian women

`Fuel price changes needed due to crude upsurge'

Change in pricing to hit refining margins of refiners

EGoM tightens norms for gem & jewellery, biotech SEZs

Centre rules out rubber export ban

Jeevan Akshay-III eligible for Sec 80C benefits

11 E&P cos team up for rig-sharing project

Bangalore tops biocluster list with Rs 1,400-cr revenue

Seafood exports cross $1.5 b

Govt working to check Lankan pepper imports

Railways bets big on electric traction to control fuel bill

Lanco firms up Rs 15,000-cr capex for power

`No tax exemption for aircraft lease agreements'

Why drug companies talk India, but invest in China

May car sales drive past bikes

States likely to see slippages in revenue deficit targets



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