INDUSTRY & ECONOMY
EMPLOYMENT
Rural job guarantee Act extended to entire country
New Delhi, Sept 28 The Government on Friday decided to extend the National Rural Employment Guarantee Act (NREGA) to the entire country at a cost of Rs 20,000 crore. The decision was taken at a meeting chaired by the Prime Minister, Dr ...
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NRIS
NRI remittances rise 50% in Q1, non-oil imports up 47%
Current account deficit increases marginally to touch $4.697 billion
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ECONOMY
‘External debt data not worrisome’
Thiruvananthapuram, Sept. 28 Economists do not seem to be too perturbed by the external debt data put out by the Reserve Bank of India. Total external debt amounted to $165.4 billion as of June 2007, recording an increase of $8.7 ...
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Sectoral funds: Ranking keeps changing
Auto, FMCG occupy top slot in three-month period
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FOREIGN TRADE
High-tech machines may be off sensitive list for India-EU trade
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INFRASTRUCTURE
Rail freight corridor may face hurdles in land procurement
Households that have to be resettled want market price
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PETROCHEMICALS
New petrochem policy to tackle structural constraints
Envisages Rs 36,000-cr investment over 5 years
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STEEL
Europe, US see rebound in steel prices
Mumbai, Sept 28 Europe and the US have witnessed a rebound in steel prices with China unexpectedly faulting on the prices as it records a moderate slowdown, going by the data made available by the World Steel Dynamics Steel ...
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TAXATION
How ‘export of services’ is mired in tax complexity
Service exporters have something more to worry about than rupee appreciation: the lack of clarity on the service tax front. “Not something that augurs well for the growth of the Indian economy,” ...
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TEXTILES
Textile exporters told to diversify
The Union Minister of State for Textiles, Mr E.V.K.S. Elangovan, on Friday called upon the textile exporters to diversify their product, market and dollar-centric trade as avenues that will mitigate from the current problem of export value ...
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TN not to pump funds into co-op spinning mills
Coimbatore, Sept. 28 Of the 18 textile units run under the co-operative sector in Tamil Nadu, the State Government had closed 13 unviable units. Of the remaining five, three are viably run at present, while the working of the other two units ...
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SSI
YES Bank to focus on SMEs
Chennai, Sept. 28 YES Bank has a bouquet of business plans — opening 56 more branches before March, starting an asset reconstruction company (ARC), floating a couple of private equity funds, a micro-finance company and an investment ...
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WATER
Water expo on Oct 4
Hyderabad, Sept. 28 Everything About Water Pvt Ltd, an information and marketing solutions provider in the water industry, will hold a three-day regional water expo here.Scheduled to be held at Hyderabad International Convention Centre ...
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EDUCATION
‘IT has proved to be a propitious tool’
Vijayawada, Sept. 28 “Stay current, even technology wise,” was the message given to the commerce and management students of Maris Stella College as part of a lecture on the ‘IT for management students’, organised by ...
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Andhra varisity convocation
Andhra University is holding its 74th convocation here on Saturday at 4 p.m, according to a press release. At the convocation ceremony, the university will confer honorary doctorates on Mr Ramalinga Raju, Chairman of Satyam Computers, Mr. K. ...
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Hon. Professorship in IIT-K
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INDUSTRY ASSOCIATIONS
Farokh Balsara is IACC president
Mr Farokh Balsara, Partner, Ernst & Young, has been elected as the President of the Indo-American Chamber of Commerce (IACC) for 2007-08 at the Executive Council meeting held on Friday. He currently leads E&Y Media and Entertainment ...
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FICCI meet on interior design
Mumbai, Sept. 28 With rapidly changing lifestyles, there is indeed a shift in consumer preference towards ‘ambience creation’ as opposed to the traditional notion of decoration, be it home, office or retail store. As interior ...
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BIO-TECH & GENETICS
Focus on bio sectors, students told
The fields of bio energy and bio-pharmaceuticals are of immense promise and importance, as the fossil fuels are getting depleted at an alarming rate, and several new diseases are plaguing the mankind, according to Dr T. Ravi, Chairman and ...
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SCIENCE & TECHNOLOGY
Ganesha, Gita, samosa for Sunita Williams in space
The colours of India from up in the outer space appear simply spectacular. The Himalayas appear dark green as one passes over, recounted the Indian origin astronaut, Ms Sunita Williams, giving a touch of India to her 195 day space ...
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MINING & QUARRYING
Canadian mining cos keen on joint ventures with India
Large mining companies from Canada are contemplating to form clusters, pooling their respective strengths to tap opportunities in India. A delegation of at least eight major corporates from Canada, currently travelling in the country to ...
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RURAL DEVELOPMENT
‘Innovations in functioning of self-help groups needed’
Some innovations in the style of functioning of self-help groups (SHGs) may help wipe out poverty in India, according to Mr B. Pramod, Senior General Manager of Syndicate Bank. Inaugurating a seminar on microfinance, organised by the ...
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SKS launches operations in Gujarat
SKS Microfinance Private Ltd has launched its operations in Gujarat by starting activity in Dahod district, which is among the 200 poor districts in the country. “We will also expand to Banaskantha, Dang, Narmada, Panch Mahal and Sabar ...
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EVENTS
Meet on management
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EXPORTS & IMPORTS
Spices export registers 26% growth in Apr-Aug
Oils, oleoresins, chilli lead increase in shipments
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‘Dependence on crude oil imports will increase to 95%’
OPEC nations must enhance production: Parikh
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NATURAL CALAMITIES
Chennai fishing harbour to get a face-lift
The fishing harbour at Chennai is one of the busiest on the East coast of the country. Over a dozen big deep-sea trawlers, more than 550 mechanised fishing boats, hundreds of motorised and rowed catamarans operate here, bringing annually ...
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TOURISM
‘Integration of sectors vital for tourism’
Mangalore, Sept. 28 Making India as a global hub for tourism needs the integration of various sectors, according to Mr S. Dheerendra, Regional Manager, Regional Business Office, State Bank of India (SBI), Mangalore. Speaking here on ...
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ECONOMIC OFFENCES
SEBI restrains Ojas Tech’s ex-directors
Allows Atlanta to raise funds
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