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Tuesday, October 14, 2008
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INDUSTRY & ECONOMY

NRIS: Lee’s recipe for India
It was ironic that even as Singapore’s Minister Mentor Mr Lee Kuan Yew was addressing the second mini Pravasi Bharatiya Divas session in Singapore, organised by the Indian Ministry for Overseas Indian Affairs, CII and the Singapore ...

NON-CONVENTIONAL ENERGY: Chennai to host global meet on wind energy
Chennai, Oct. 13 A clear policy to support wind energy would facilitate investments of over Rs 30,000 crore a year over the next five years, according to Mr Ramesh Kymal, Managing Director, Vestas Wind Technology India ...

FOREIGN TRADE: ‘India, Brazil, S. Africa are new engines of growth’
IBSA summit pinpoints hurdles to trilateral trade. New Delhi, Oct.13 Lack of inter regional transport links, shortage of aircraft and limited landing rights were identified as some of the key impediments in achieving a robust trilateral trade ...

AUTOMOBILES: Auto sales rise marginally in April-Sept
Surge in interest rates on auto loans keeps many consumers away. New Delhi, Oct 13 The pre-festival season sales for the automobile industry show most segments recording a marginal increase in September. Passenger car sales were up by just ...

FOREIGN TRADE: India, Myanmar to hold trade talks
2 new border trade centres on agenda. New Delhi, Oct. 13 The Minister of State for Commerce and Power, Mr Jairam Ramesh, is heading a delegation for trade and investment talks with the Myanmar Government on October14 and ...

SSI: ‘Global crisis will hit SMEs badly’
While banking circles and a section of the media have painted a neutral picture of the possible impact of the global economic crisis on small and medium enterprises (SMEs), the emerging scenario is far more grim, the Institute of ...

PHARMACEUTICALS: Clinical trial market to fall short of billion-dollar projection
Mumbai, Oct. 13 Despite having conducted over 700 clinical trials in the country, it increasingly looks like the Indian clinical trial segment may not get to that often-touted benchmark of $1.5 billion by ...

REAL ESTATE & CONSTRUCTION: Real estate developers see easing of home loan rates
Fall-out of Cash Reserve Ratio cut. Kolkata, Oct. 13 While banks do not anticipate an immediate decrease in lending rates after the 150 basis-point cut in Cash Reserve Ratio by the Reserve Bank of India, real estate developers expect the ...

SSI: Small industrial units seek 2-day power holiday
Chennai, Oct. 13 More than one lakh small and tiny industrial units in Tamil Nadu are to participate in a one-day strike on October 22 to draw the State Government’s attention to problems caused by the power shortage and issues relating ...

PETROLEUM: Domestic crude oil basket falls to $72.87 a barrel
Taking a queue from the volatility in the global crude oil prices, the domestic crude oil basket hit an all-time low for the current fiscal on Friday dipping to $72.87 a ...

EVENTS: Chennai to host 3-day meet on aluminium die-casting
Chennai, Oct. 13 A three-day seminar on aluminium die-casting and the second international exhibition on aluminium die-casting technology, equipment and supplies will be held here at the Chennai Trade Centre from ...

ENVIRONMENT: Pampa among rivers threatened by sand mining
Kochi, Oct. 13 Human intervention is threatening the existence of at least two rivers in southern Kerala and harming several others in ...

EDUCATION: IIM-K management meet concludes
It has become very difficult to understand the changing face of the Indian consumer, said Mr Deepak Chaurasiya, Editor of Star News, while addressing students at Horizons 08, the annual management convention of the Indian Institute ...

POWER: Midhani told to ensure availability of materials for power plants
Hyderabad, Oct. 13 There is a huge requirement for special materials for super critical plants and nuclear power plants and it is worthwhile for Midhani to analyse the opportunities and make necessary long term plans to ensure the ...

INDUSTRY ASSOCIATIONS: ‘Revenue separation for 3G easily do-able’
New Delhi, Oct. 13 The Cellular Operators Association of India on Monday said that separating revenues from 3G and 2G services was a simple exercise and the issue was being blown out of proportion by vested parties to derail the 3G ...

POWER: TN Chamber warns of strike over power cuts
The Tamilnadu Chamber of Commerce and Industry has urged the Chief Minister and Electricity Minister to take expeditious steps to make the industries run without any load shedding. If no concrete steps were taken before October 31, ...





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Markets (Oct 13)
Nifty (at close)3490.70(+210.75)
US Dollar (Buy/Sell)48.07/08
Brent crude (a bbl) Rs3,595
Gold (a gram) Rs1,235
Silver (a kg) Rs18,590


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In Focus
Pravasi Bharatiya Divas, Singapore

More

Other Top Stories
‘India, Brazil, S. Africa are new engines of growth’

Derivatives: Norms for off-balance sheet exposure tightened

Auto sales rise marginally in April-Sept

Apple’s new notebooks may mark chip course correction

Real estate developers see easing of home loan rates

Gold drops by Rs 75

Domestic crude oil basket falls to $72.87 a barrel

Looking back
Oct. 5-Oct. 11
Dumping probe on nylon tyre cord fabric initiated

Employment and the pattern of growth

ONGC to join hands with Uranium Corp for exploration

Commercial vehicle cos resort to production cuts

Gas issue: RIL rules out out-of-court settlement

Freight fall may not benefit commodity imports

Economy can still post 8% growth, says Chidambaram

Dumping probe into linen fabrics from China, HK

India extends $640 million credit to Ethiopia

Super luxury car makers surpass sales targets

OECD data signal continued weakening of major economies



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