The Hindu Business Line : Wednesday, April 19, 2006

Yashwant Sinha calls for national debate on N-deal
India should not accept this kind of second-class membership of the Nuclear Club. `Our bilateral ties should be based on dignity, national interest and self-respect' More

CLIMATE & WEATHER

Bay shaping up to host first pre-monsoon `low'
Preliminary indications of an evolving low-pressure area over a warming Bay of Bengal have been detected in what is considered as creating an enabling environment for pre-monsoon features to further establish over the Indian landmass. Speaking ... More

NRIS

More NRI remittances likely
The upward revision of interest rates on NRE rupee deposits for one- to three-year period by 25 basis points is expected to increase remittances into the country and shore up NRI deposits, several bankers said. NRE deposits will henceforth ... More

CEMENT

Cements on MNCs' radar?
Mid-cap cement stocks including Mysore Cements, India Cements, Prism Cement, Shree Cement and Madras Cements have gained substantially over the last 3-4 of weeks on buzz about multinational cement majors Lafarge, Holcim, Heidelberg Cement and ... More

COURTS/LEGAL ISSUES

Kerala HC quashes poll panel fiat on Smart City
`Model code is not to stop all Govt activities' More

ECONOMY

India should target 10 pc GDP growth: PM
High-level committee on manufacturing set up More

Policy statement highlights global downside risks
Sufficient signals to govt on need for constant vigil More

HEALTH

Manipal Health plans major expansion
Manipal Health Systems (MHS), part of the Manipal Group, has embarked on a major expansion plan that includes both organic and inorganic growth. Among the Group's major initiatives are setting up of a retail chain of pharmacies and diagnostic ... More

INFRASTRUCTURE

Wind power capacity up 45% in 2005-06
Tamil Nadu contributes bulk of capacity addition More

PETROLEUM

`Iran gas pipeline project on track'
India intends to proceed with the proposed gas pipeline project for transporting natural gas from Iran via Pakistan, said Mr E. Ahmed, Minister of State for External Affairs, here. Addressing newspersons here, Mr Ahmed said that preliminary ... More

ONGC to bank with ICICI also
Oil and Natural Gas Corporation Ltd has approved parallel banking arrangement with ICICI Bank. A statement issued by the oil major points out that till now State Bank of India had been the sole banker for ONGC. On April 12 this ... More

COAL

CCEA okays 2 coal projects
The Cabinet Committee on Economic Affairs (CCEA) today approved two coal open cast coal mining projects of Mahanadi Coalfields Ltd (MCL) which will produce a total of another 30 million tonnes of coal annually. Briefing ... More

RADIO/TV

Mumbai outdoes Delhi in out-of-home viewing
That bulk of the TV viewers watch television in the comforts of their homes may be an accepted fact, but what could be surprising is that almost 18 per cent of TV viewers in Mumbai and Delhi do so `out of their own homes' or what is called ... More

TV9 Karnataka launch in June
Popular Telugu news and features channel TV9 is set to launch its Kannada language channel - TV9 Karnataka - in early June. Speaking to Business Line, the Managing Director of TV9 Karnataka, Mr SVL Narayan, said that the channel's ... More

Radio Mirchi now in Jaipur, Bangalore
Entertainment Network (India) Ltd has launched its FM radio operations in Jaipur and Bangalore under the Radio Mirchi brand name. The company acquired these two stations under the Phase II of radio privatisation wherein 250 ... More

FOODS & FOOD PROCESSING

`Biscuit industry reels under high input costs'
Spurt in wheat, oil, sugar prices seem to be bearing down on the industry More

INDUSTRY ASSOCIATIONS

Pro-growth, says CII
Describing the Annual Policy Statement of the RBI, released on Tuesday, as growth oriented, CII President Mr Y.C. Deveshwar commended the bank for keeping the interest rates unchanged.The chamber observed that the unchanged Repo ... More

Over-cautious: PHDCCI
The PHDCCI too has said that the RBI should have reduced the CRR by 50 basis points to improve liquidity in the system. The chamber felt that the RBI has announced an overcautious policy and "erred towards controlling the ... More

SCIENCE & TECHNOLOGY

Indian, German Rlys plan to sign MoU on tech transfer
The Railways will sign an agreement with the German Railways soon for possible technology transfers, among others. "The German Railways has worked a lot in public private partnership, property development and linking other business with ... More

MINERALS

APMDC ties up with Swiss company for mineral plant
Beach sand project to come up in Vizianagaram district More

Goa's iron ore exports up 10%
Year-end spurt in Chinese offtake led to growth More

HUMAN RESOURCES

BL CLUB

Advantage young Indian workforce
"The workforce is ageing in the US and Europe. The largest, youngest workforce of India is the best in the world. Our English language and communication abilities are other factors that make India the hot spot for global human resources ... More

EXPORTS & IMPORTS

Exporters to feel the pinch
The hike in the ceiling interest rate on export credit in foreign currency by 25 basis points in the RBI's Annual Policy statement on Tuesday has not come as a surprise for exporters. "We were expecting this kind of a hike. What else can the ... More

Increased cost of credit worries exporters
Higher transaction cost will cut into competitive edge More

VENTURE CAPITAL

Risk weightage on VF investments up
Inadequate public disclosures on performance/asset quality More

OUTLOOK

PM to chair high-level panel on manufacturing
Committee to review steps to sustain growth More