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INDUSTRY & ECONOMY
ECONOMY:
Exports clock 23.5% rise in June amid weak global growth
Imports increase 26% at $24.45 billion during the month. New Delhi, Aug. 1 With export target for the current fiscal at $200 billion, the country’s exports during the first quarter of April to June 2008 fetched $42.84 billion in the ...
ECONOMY:
July rain deficit contained to 17.6%
New Delhi/Thiruvananthapuram, Aug 1 The end-month spurt in rains have literally saved the blushes for July, whose unusual dry run had threatened to leave behind the `next worst’ deficit after the historical low in year 2002. ...
INFRASTRUCTURE:
Centre keen on public-private model for infrastructure growth
Hyderabad, Aug 1 The Union Government is looking at areas where public private partnership (PPP) mode can be replicated for the development of infrastructure. “There are other areas apart from the transport sector where the PPP model can ...
INFRASTRUCTURE:
Infrastructure sector sees Govt capacity to invest weakening
Hyderabad, Aug 1 The infrastructure industry foresees a strain on the Government’s capacity to invest in projects, keeping in mind the growing pressure on its ...
INCOME TAX:
Higher IT e-returns filed
EXPORTS & IMPORTS:
Q1 cashew nut shell liquid exports drop
Kochi, Aug 1 Sharp rise in the price of cashew nut shell liquid (CNSL) following greater demand in the world market has pushed down its shipment during the first quarter of the current ...
TAXATION:
Chamber flays VAT paper work delays
Chennai, Aug. 1 Commercial tax payers in Tamil Nadu are affected by the delay in paper work and refund, according to Mr Rafeeque Ahmed, Chairman, Federation of Indian Chamber of Commerce and Industry – Tamil Nadu State ...
PEOPLE:
Harkishan Singh Surjeet passes away
New Delhi, Aug. 1 Veteran communist leader and former CPI(M) General Secretary Mr Harkishan Singh Surjeet passed away on Friday following a massive cardiac arrest. He was ...
PETROLEUM:
Ministry seeks revival of RBI’s special liquidity window for oil cos
New Delhi, Aug. 1 The Petroleum Ministry has sought resumption of the Reserve Bank of India’s special liquidity window to buy oil bonds from public sector oil marketing companies (OMCs). ...
INFRASTRUCTURE:
29 SEZ proposals cleared
New Delhi, Aug. 1 The Board of Approval for Special Economic Zones (SEZ) on Friday gave formal approval for setting up of a multi-product SEZ in Tirunelveli district, Tamil Nadu spread over an area of 1,020 hectares, besides granting a clutch ...
RADIO/TV:
Raj TV uses Rs 25.06 cr of IPO proceeds
Chennai, Aug. 1 Raj Television Network Ltd has informed the stock exchange that against the total projected utilisation of Rs 52.81 crore up to June 30, 2008, from the IPO funds, Rs 25.06 crore has been utilised towards acquisition of contents ...
POWER:
Adani in power purchase deal with Maharashtra State Electricity Co
Ahmedabad, Aug 1 Adani Power Ltd (APL) said it has received the Letter of Intent (LoI) from the the Maharashtra State Electricity Company Ltd (MSECL) for supply of 1,320 MW of electricity, to be generated with domestic coal at Mundra, under ...
EVENTS:
Partial eclipse
BREWERIES:
Govt sets up National Wine Board
Pune, Aug 1 To give a fillip to the wine industry in India, the Union government has set up a National Wine Board. An ad hoc committee has been formed to govern the working of the Board, with Indage’s Chairman, Mr S. Chougule, as ...
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