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Saturday, August 26, 2006
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INDUSTRY & ECONOMY

ECONOMY
Cap on wheat, pulses stock
Price check: States can fix storage limits, act against hoarding More

Why FDI eludes India
India has all the right ingredients to attract large FDI flows, but if such investment is still slow to come in, it is because of the shortcomings on the infrastructure, labour law and procedural fronts. More

Workshop on World Bank report
A workshop to disseminate the World Bank's flagship report on India entitled `India Development Policy Review: Inclusive Growth and Service Delivery: Building on India's Success' is being held in Hyderabad on August 28. The ... More

Inflation up on costlier food, manufactured items
Fruits, vegetables, edible oils, steel ingots turn dearer More

ENGINEERING
Govt preparing roadmap for capital goods industry
`Govt's proactive policy has resulted in a turnaround of the sector' More

EXCISE AND CUSTOMS
When does manufacture take place?
As manufacture is not defined in law, recourse must be taken to various judicial interpretations to understand what it means More

FOREIGN TRADE
India, Nepal keen to broaden ties
India and Nepal emphasised the need to deepen and widen economic ties through trade and investment co-operation in areas such as power and services sectors including information technology, tourism, education and healthcare. This came up during ... More

HOTELS
AP Bhavan site in Delhi may house star hotel too
The Andhra Pradesh Government is likely to construct a five-star hotel in New Delhi at the site it got from the Centre as compensation for losing the site that housed Andhra Pradesh Bhavan. Mr L.V. Subrahmanyam, Vice-Chairman and Managing ... More

INFRASTRUCTURE
Karnataka to set up AEZ for vanilla
The Karnataka Government is setting up an Agri Export Zone (AEZ) for cultivation of vanilla. A memorandum of understanding to this effect was signed between the Agricultural & Processed Foods Exports Development Authority (Apeda) and the ... More

PETROLEUM
BPCL plans Rs 5,000-cr investment in Kochi Refineries
To fund capacity addition, single buoy mooring facility More

Govt to issue oil bonds for Rs 14,150 cr soon
Compensation for oil cos More

POWER
ICICI asked to do valuation of Dabhol's LNG terminal
Petronet tipped to buy terminal More

Maha Vitran plea to hike power tariff opposed
Consumers seek more information about its operations More

CII extends pact with Lanka Transformers
The Confederation of Indian Industry (CII) has extended an agreement with Lanka Transformers Ltd to promote energy efficiency in industries in Sri Lanka. According to a press release from CII, the agreement originally signed in ... More

TAXATION
Fiscal deficit up 43 pc in Q1
Despite 32 pc rise in gross tax revenues More

COAL
Concern over rail evacuation of coal from ECL mines
Stock build-up due to major consumers cutting offtake More

RADIO/TV
DTH operators told not to insist on exclusive arrangement
The Telecom Regulatory Authority of India (TRAI) has mandated that the Direct-To-Home (DTH) service providers should not insist on any exclusive arrangement for installation of Multi Dwelling Unit (MDU) technology to the detriment of other ... More

Brijesh Singh to head Prasar Bharati
Mr Brijesh Singh, Director General, All India Radio, has taken over additional charge of the Chief Executive Officer of Prasar Bharti. He succeeds Nr Navin Kumar, whose term as the DG of Doordarshan and acting CEO of Prasar ... More

EDUCATION
ISRO, AP renew pact on satellite-based education
10,000 nodes to offer education all over State More

Co Secretary exam results declared
The result of Company Secretaries examination held in June has been declared on Friday. Subsequently, the results will also be displayed at all the regional offices, examination centre and on the institute's Web site with ... More

CONSULTING
Lanka, Syria seek DMRC assistance
The success of the Delhi Metro has led countries such as Sri Lanka and Syria to approach Delhi Metro Rail Corporation (DMRC) for preparation of feasibility reports. Replying to a query in the Lok Sabha, the Minister of State for Urban ... More

REAL ESTATE & CONSTRUCTION
TRS stir may force realty `correction'
Pause in land deals; prices dip 10-20 pc in two days More

IVRCL to develop Noida housing project
IVRCL Infrastructures & Projects Ltd has announced that it has obtained allotment of about 43 acres in Sector 119 and 121 for group housing by New Okhla Industrial Development Authority (NOIDA). In a release on Friday, the ... More

SCIENCE & TECHNOLOGY
Vacate spectrum for Wi-Max services: DoT tells Dept of Space
Nortel planning to launch Wi-Max enabled mobile phones by early next year More

MINERALS
Iron ore exports must be restricted: Sajjan Jindal
To enable domestic steel sector smooth expansion: Sajjan Jindal More

DISINVESTMENT
CAG raps NDA Govt on disinvestment deals
`PSUs such as Balco, VSNL were undervalued' More

SOCIAL WELFARE
Educational quota Bill introduced in Lok Sabha
15 pc seats for SCs, 7.5 pc for STs, 27 pc for OBCs More

`Quota Bill: It's being done in a hurry'
Academicians and students have said that that the Government is in a hurry to implement the 27 per cent OBC quota in Central educational institutions. Commenting on the HRD Minister, Mr Arjun Singh's move today introducing the Bill in the Lok ... More

RURAL DEVELOPMENT
ITC aims to cover 1-lakh villages thru eChoupal
Helps farmers to access crop-specific real-time information More

HUMAN RESOURCES
Volvo to set up training school in Bangalore
For operators of construction equipment More

TRADE & LABOUR UNIONS
Oil PSU officers plan strike from Sept 5
Seek salary package in line with pvt sector cos, MNCs More

EVENTS
Dignitary lauds police official
Mr M.A. Salim, a State security officer accompanying VIP dignitaries from abroad, got a surprise compliment for the police department which has not been doing too well in hospitality. Mr Gan Kim Yong, Singapore Minister for State for Education ... More

INCOME TAX
The cost of infraction of law
A contract stipulating a percentage as fees is not prohibited by law More

Fed Bank tax savings deposit schemes
Federal Bank has introduced Federal Tax Savings Deposit Scheme with a maturity period of five years. In accordance with the recent Central Government notification, amount invested in this scheme by individuals is eligible for tax ... More

EXPORTS & IMPORTS
Australian wheat sent for tests to CFTRI
Samples from the 36,100 tonnes of wheat, which arrived from Australia to the Kochi port has been sent to the Central Food Technological Research Institute (CFTRI), Mysore, for testing. It is mandatory that all food items arriving at Indian ... More

Hike in support price may not hit rice exports
To be offset by higher global prices, rupee depreciation More

Infrastructure gaps bug mangoes export to Japan
DESPITE BEING POPULAR More

Exim Bank, SEWA sign pact
To promote handcrafted products More

NATURAL CALAMITIES
Surveyors' loss limits hiked
In a bid to mitigate the hardships of policyholders affected by the recent flash foods in Surat, the Insurance Regulatory and Development Authority (IRDA) has decided to raise the limits of licensed surveyors and loss assessors ... More

TOURISM
Malaysia to attract more Indian tourists
Part of `Visit Malaysia 2007' campaign More

Nod for rural tourism development
Andhra Pradesh has got sanctions for development of rural tourism at various destinations such as Pochampalli, Konaseema, Puttaparthi, Srikalahasti and Chinchinada from the Union Tourism Ministry. Under the projects, the Union ... More






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Top Stories
Deepak Nitrite buys Vasant Chem acid biz

Ashok Leyland plans to set up `commodity desk'

Apple recalls 1.8 m laptop batteries

Forex reserves rise $273 m

Hike in support price may not hit rice exports

Infrastructure gaps bug mangoes export to Japan

ICICI asked to do valuation of Dabhol's LNG terminal

L&T bets big on China

Looking back
Aug. 13-Aug. 19
`Crude prices to persist at current levels till 2007'

Pesticide Row — This battle finds cola rivals on the same side

Banning colas will send wrong signals: Assocham

Gold to make additional gains in near term

3G entry fee remains contentious issue

Bonds rally; inflation fears weigh on bankers

Govt intensifies steps to make India a diamond hub

Tariff value hiked sharply for palm group of oils

States park Central funds in short-term gilts

`High power costs to impede cement sector growth'

End of a fragile peace in Sri Lanka

Breaking the glass ceiling with aplomb

Newsprint makers plan strategy for difficult times

Broadcast Bill: Govt to address concerns

Import of vegetable oils slows down

Privatisation with market, price protection?

Insurance cos brace up for flood claims in Surat

Madras Cements to double captive power plant capacity

NCAER raises GDP growth forecast to 7.9 pc

`Real estate transparency in India better'

`Steel prices likely to go up in Q4'

Bankable deposit

Reliance Ind still hopeful of Govt compensation

Revenue generation: CAG finds DD, AIR wanting

Move from dual-VAT to national level GST: PwC official

FDI inflows rise 47% to $1.74 b in Q1



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