The Hindu Business Line : Friday, August 15, 2008

INDUSTRY & ECONOMY

URBAN DEVELOPMENT: Goa - Business and pleasure: The growing years
Goa teams tourism potential with industrial growth.. Goa is no longer just a coastal tourist paradise blessed by silvery and pristine beaches, historical temples and churches. It is fast emerging as a growing economy with Goans asking for ...

TOURISM: ‘Goa is an international brand’
At a time when the State’s tourism is facing pressure under the rigours of industrial recession and spiralling inflation, Goa’s Minister for Tourism Francisco Xavier Pacheco has a plan to retain Goa’s position as a long-haul ...

ECONOMY: Pay hike impact on Govt to be less severe this time
New Delhi, Aug. 14 Will the Government’s pay hike bonanza to its over 4.5 million Central Government employees translate into higher consumer spending on goods, durables, cars or travel? While the industry is hopeful of increased ...

MINING & QUARRYING: The green mine
Over the years Sesa Goa Ltd, Goa’s leading iron ore mining and export company, has been undertaking environmental protection activities in and around its operating facilities. Sesa Goa’s environmental management and ...

ACCIDENTS: 11 dead as school bus falls into river
Mangalore, Aug. 14 As many as 11 persons, including seven children, were killed when a school bus fell into the Phalguni river at Ullaibettu near Gurupur village in Mangalore taluk on Thursday morning. ...

INCOME TAX: ‘Income-tax, provident fund collection to go up by Rs 3,700 cr annually’
Ahmedabad, Aug. 14 With the UPA Government accepting recommendations of the Sixth Pay Commission for the Central Government employees on Thursday, the treasury collection by way of income-tax and provident fund would go up by around Rs 3,700 ...

LEATHER: Nod for leather development scheme
The Union Cabinet on Wednesday cleared the much-awaited proposal for implementing the Rs 913-crore “Indian Leather Development Programme” in the 11th Five Year Plan (2007-12). The scheme, entailing an outlay of Rs 912.67 crore, would ...

INFRASTRUCTURE: Aid for Sikkim, Puducherry
The Union Cabinet has given its nod for grant of additional Central assistance to the Government of Sikkim and Union Territory of Puducherry for long-term reconstruction of the infrastructure damaged during floods of the 2005 season. The ...

HEALTH: EMRI in pact for better emergency management
Ties up with Public Health Foundation. Hyderabad, Aug. 14 Emergency Management and Research Institute (EMRI) and the Public Health Foundation of India (PHFI) have signed a memorandum of understanding for better emergency ...

DISINVESTMENT: Andrew Yule divestment process to be over this fiscal
Records turnaround after seven years. Kolkata, Aug. 14 Andrew Yule & Co Ltd will complete the process of disinvestment in group companies within the current fiscal. This will mark the conclusion of its restructuring and rehabilitation ...

FOREIGN DIRECT INVESTMENT: Rio Tinto among 9 FDI proposals cleared
New Delhi, Aug. 14 The Government on Thursday approved nine FDI proposals amounting to Rs 294.4 crore, including the Australia-based aluminium firm Rio Tinto’s plans to set up a plant. ...

EXCISE AND CUSTOMS: HC says ‘no’ to CEGAT order to club clearances of 3 factories for assessment
Chennai, Aug. 14 The Madras High Court has set aside a show-cause notice issued to a Hosur (Tamil Nadu)-based private company by the Customs, Excise, Gold (Control) Appellate Tribunal (CEGAT), South Zonal Bench, Chennai, to club the clearances ...

MEDICAL INSTITUTIONS & HOSPITALS: Reddy reviews activities of medical institutes
Hyderabad, Aug. 14 The Chief Minister of Andhra Pradesh, Dr Y.S. Rajasekhara Reddy, has directed officials to complete the 450-bed hospital of the Visakhapatnam Institute of Medical Sciences (VIMS) by December ...

EXCISE AND CUSTOMS: Customs collection rises 18.7% in July
New Delhi, Aug. 14 The Centre’s customs collection continued to be buoyant logging 18.7 per cent growth in July 2008 to Rs 9,792 crore, compared with Rs 8,251 crore in the year-ago period. ...

SOCIAL SECURITY: ESIC accumulates reserve fund of Rs 15,000 cr
Kolkata, Aug. 14 The Empoyees’ State Insurance Corporation (ESIC) has accumulated a reserve fund to the tune of Rs 15,000 crore, said Mr T.K. Bhattacharya, Additional Commissioner and Regional Director, ESIC, here at an interactive ...

FOREIGN TRADE: Clarification
With reference to the report, ‘India-Asean Free Trade pact launch in Jan or June’, published in these columns on August 9, the Department of Commerce clarifies that India has agreed to bind its duty on crude palm oil with Asean at ...