The Hindu Business Line : Tuesday, August 14, 2007

NRIS
Mini Pravasi Divas next month
THE first mini- Pravasi Bharati Divas would be held in New York in September this year, the Minister for Overseas Indian Affairs, Mr Vayalar Ravi, said here on Monday. “We have also received proposals from Singapore and Malaysia for holding ... More

ECONOMY
NCAER raises GDP forecast to 8.5%
New Delhi, Aug. 13 The National Council of Applied Economic Research (NCAER) has revised the gross domestic product (GDP) projections for the current fiscal a tad higher at 8.53 per cent, as compared to its projection in April at 8.3 per ... More

POWER
Nuclear deal: ‘No compromise on India’s interests’
New Delhi, Aug. 13 Amid protests from the Opposition and Left allies, the Prime Minister, Dr Manmohan Singh, mounted a strong defence of the Indo-US civilian nuclear energy co-operation deal on Monday, claiming the pact can ... More

Mescom gears up to pare distribution losses
Mangalore, Aug. 13 The Mangalore Electricity Supply Company (Mescom) Ltd, which has registered one of the lowest distribution losses in the country during 2006-07, is planning to bring it even further down. Mr S. Sumanth, Managing ... More

STEEL
Demand for steel, metals may recover by year-end
OECD paints positive outlook for major global economies More

TEXTILES
New textile tech upgrade scheme awaits CCEA nod
Coimbatore, Aug. 13 The modified technology upgradation fund scheme (TUFS) being formed in the place of the one that existed prior to March 2007 by the Ministry of Textiles (MoT) is awaiting clearance from the Cabinet Committee on Economic ... More

SSI
SME credit growth of public sector banks tops 25%
Public sector banks’ overall credit exposure to small and medium enterprises grew 25.81 per cent in fiscal year 2006-07 to Rs 1,84,589 crore, surpassing the minimum 20 per cent year-on-year growth targeted for this sector.SME ... More

EDUCATION
‘Information is power’
Chennai, Aug. 13 In today’s competitive and globalised environment, it’s not mere intelligence which would see one succeed but information. “You could be super-intelligent but without information it has no value. ... More

FOODS & FOOD PROCESSING
Food Processing Ministry decentralises loan disbursal
New Delhi, Aug. 13 The Ministry of Food Processing Industries has decided to forward 849 proposals for financial assistance to banks to facilitate prompt loan disbursal for expansion of units in the sector. A number of entrepreneurs had ... More

REAL ESTATE & CONSTRUCTION
Hyderabad to host workshop on mechanisation in construction
Hyderabad, Aug. 13 The Association of Consulting Civil Engineers (India) will organise a two-day national workshop on ‘Mechanisation in construction’ on August 17 and 19 here. Addressing a press conference here on Monday, ... More

SOCIAL WELFARE
AP mulls 30% reservations in pvt sector
Hyderabad, Aug. 13 The Andhra Pradesh Government on Monday hinted at exploring the possibility of extending 30 per cent reservations in private sector enterprises.The State Chief Minister, Dr Y.S. Rajasekhara Reddy, said that the ... More

RURAL DEVELOPMENT
Link crop loan with weather: Panel on debt
‘Help farmers with interest waiver, rescheduling of loans and more bank branches in rural areas’ More

HUMAN RESOURCES
ERA meet to focus on retention
Hyderabad, Aug. 13 The third convention hosted by ERA (Executive, Recruiters Association), Hyderabad, will be held here on September 1, with the theme ‘Aligning recruitment to retention: The way forward.’The main sponsors ... More

ECONOMIC OFFENCES
Expose land grabs by mafia, Achuthanandan tells media
More