The Hindu Business Line : Friday, July 18, 2008

EXPORTS & IMPORTS: Is gold losing glitter?
Imports halve in Q1; retailers report 25% demand drop. Mumbai/Chennai, July 17 Gold doesn’t seem to be glittering for Indian consumers anymore, if one is to go by the import figures during the first quarter of the current ...

ECONOMY: More RBI steps to check inflation likely: Crisil
Retail NPAs may rise; no slowdown in investments seen. Mumbai, July 17 Further measures to combat inflation, which touched 11.91 per cent for the week ended July 5, are expected in the forthcoming review of the monetary policy, said Ms Roopa ...

ECONOMY: Pressure on prices remains: Chidambaram
RBI’s assessment on inflation situation ‘fair and correct’. New Delhi, July 17 The Finance Minister, Mr P. Chidambaram, on Thursday said that the monetary measures taken by the Reserve Bank of India have started working even ...

BUDGET: Pro-farmer Budget for Karnataka
Free power for farm sector; retirement age raised; cut in stamp duty. The BJP Government in Karnataka today presented a surplus Budget containing a slew of subsidies, including free power for the farm sector in line with its pre-election ...

EVENTS: India@75: Optimism is the first requirement
Hyderabad, July 17 It required a lot of optimism and perseverance for Mahatma Gandhi when he led the freedom movement to achieve ‘Poorna Swaraj’ in 1947. May be it is high time now to repeat such an endeavour to unleash the hidden ...

EDUCATION: Cabinet nod for 8 new IITs
The Union Cabinet on Thursday approved the setting up of eight new Indian Institutes of Technology (IITs) at a total cost of Rs 6,080 crore over a six-year period. The new IITs will come up in Bihar, Andhra Pradesh, Rajasthan, Orissa, Gujarat, ...

EMPLOYMENT: Job-ready?
Calling for fresh graduates with ‘employable skills’. India has a large workforce — about 3.5 million graduates pass out of colleges each year — and half of this population is under 25. But “these large numbers are ...

EXPORTS & IMPORTS: Drawback panel gets more time to submit report
Inflation surge, Re depreciation may have prompted this move. New Delhi, July 17 The three-member committee set up by the Government for formulation of all-industry duty drawback rates for 2008-09 has been given more time to submit its ...

EXPORTS & IMPORTS: Ginger exports fall short of targets
Ginger exports are causing concern to growers and exporters as the performance is short of volume and value ...

PETROLEUM: Gas hydrates: An inexhaustible energy source
Chennai, July 17 Deep below the seabed is an infinite source of energy waiting to be ...

INFRASTRUCTURE: CPWD to set up exclusive zone in Kerala next fiscal
Kochi, July 17 The Union Ministry of Urban Affairs is in the process of setting up a zone for the Central Public Works Department in Kerala considering the surge in the workload of various projects in the State. ...

PHARMACEUTICALS: Biocon gets global ranking of 20
Bangalore, July 17 Biocon Ltd has been ranked at number 20 amongst the top 25 global biotechnology companies by revenue, according to a report released by Med Ad News. Biocon is the only Asian company in the report that has been considered ...

FOODS & FOOD PROCESSING: Food processing sector ‘sustainable economic growth driver’
New Delhi, July 17 The food processing was going to be the sustainable growth driver of the Indian economy, said the Minister of State for Food Processing Industry, Mr Subodh Kant Sahai. ...

SCIENCE & TECHNOLOGY: Cabinet nod for 6 GSLV flights

EDUCATION: Course in logistics, shipping

ENVIRONMENT: Awareness campaign

SCIENCE & TECHNOLOGY: NGRI scientist honoured

EDUCATION: NALSAR University convocation

PETROLEUM: ‘Initial output from GSPC’s gas find by 2010-end’
Confirming last month’s gas find by the Gujarat State Petroleum Corporation Ltd (GSPC) in the KG-22 well in the Krishna-Godavari Basin as a “major breakthrough”, the Gujarat Chief Minister, Mr Narendra Modi, on Thursday said ...

ENVIRONMENT: CII-GBC to develop eco footprint study for India
Hyderabad, July 17 CII-Sohrabji Godrej Green Business Centre (CII-GBC) is in the process of developing an ecological footprint and a living planet index for India. ...

PHARMACEUTICALS: Gujarat to host global pharma exhibition in March 2009
Ahmedabad, July 17 A three-day global pharmaceutical and chemical exhibition will be organised here in March 2009 under the aegis of Vibrant Gujarat to showcase India’s booming industry and prepare the ground for its interaction with ...