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Tuesday, July 25, 2006
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INDUSTRY & ECONOMY

POLLUTION
Call for modern effluent control gear
Despite the availability of improved technologies, commitment of the facility operators and public vigilance, which have contributed towards a continuous improvement of the environmental performance of industrial processing plants, there are ... More

ANTI-DUMPING
Dumping duty on POY from China mooted
Designated Authority recommends $486 per tonne on all types More

BUDGET
TN: Tax exemption on pulses, oil hailed
The Tamil Nadu Foodgrains Merchants Association (TFMA) has welcomed the exemption from sales tax on pulses and oil and fixing a threshold limit of Rs 10 lakhs for exemption from registration and payment of tax as part of the ... More

ECONOMY
RBI review of monetary policy — Wracked by inflation, interest rate worries
Rising domestic price levels and the increasing international interest rates are matters of concern to the Reserve Bank of India, which will review its Monetary Policy stance today. The RBI need not follow the Fed, the ECB and the BoJ for a tight mon ey policy, and rather leave the interest rate alone, says A. SESHAN. More

ENVIRONMENT
Kerala: Interaction with PCB chief
The Confederation of Indian Industry (CII) Kerala State Office is organising an interactive session with Mr G. Rajamohan, Chairman, Kerala State Pollution Control Board, here on Thursday at Hotel Renaissance. The objective of the ... More

FOREIGN TRADE
WTO wrings its hands on subsidy figures
Many countries remiss in meeting notification obligations More

HEALTH
`Non-profit pvt bodies must participate in secondary, tertiary healthcare sectors'
`Govt has to play key role in primary healthcare' More

INFRASTRUCTURE
FICCI wants TN to opt for public-pvt partnership
To increase investments in infrastructure More

DoT panel suggests telecom gear clusters
More

PETROLEUM
Govt mulls options to ensure crude supplies to NRL, Bongaigaon
Pending credible assurance from ONGC and OIL for enhancing crude oil production in Assam and the rest of the North-East, the Union Ministry Of Petroleum and Natural Gas is reviewing alternative routes for ensuring crude availability to Numaligarh ... More

STEEL
Flat steel prices set to go up
Steel makers are planning to increase prices of hot rolled flat products in the range of Rs 500-700 from August across product range, sources in the manufacturing companies said. This would be the third round of increase in the last four ... More

TAXATION
CBDT notifies new e-return forms
The Central Board of Direct Taxes (CBDT) on Monday said that it has notified new set of tax return forms including the one for corporate taxpayers, who would now be required to compulsorily file their return of income electronically. "The new ... More

Tea association thanks TN Govt
The Tea Trade Association of Coimbatore has welcomed the reduction in the rate of sales tax on teas sold through public tea auction. The Chairman of the Association, Mr U.V. Saraf, while welcoming the Government's decision to ... More

TEXTILES
Karur textile sector's plea
Different textile industry organisations in Karur, a major textile export hub, have welcomed the slew of concessions, announced in the Tamil Nadu budget. However, the industry feels that the introduction of VAT, in so far as ... More

SSI
South Africa keen to take leaf out of Indian experience
Focus on development of small enterprises More

WATER
Krishna water
TOP-LEVEL TALKS: The Tamil Nadu Chief Secretary, Mr L.K. Tripathy (right), with his Andhra Pradesh counterpart, Mr T.K. Diwan, during a high-level liaison committee meeting on Telugu Ganga project in Chennai on Monday. ... More

EDUCATION
Research workshop in Udipi
A two-day workshop on `Business research methodology' was held at the Justice K.S. Hegde Institute of Management at Nitte in Udupi district on July 23 and 24. Inaugurating the workshop, Dr Ram Cnaan, professor from Pennsylvania ... More

Digiscape Gallery ties up with MCET
New course in ePublishing More

REAL ESTATE & CONSTRUCTION
AP HC stays plot auction at Izzat Nagar
The Andhra Pradesh High Court has issued a stay order on the auction of plots at Izzat Nagar near Hi-Tec City, hearing an appeal by some individual who claimed ownership on the said plots. The auction was scheduled to be held on ... More

INDUSTRY ASSOCIATIONS
New ACMA vice-president
Mr Raghu Mody, Chairman, Hindustan Composites Ltd, has been elected as the Vice-President of the Automotive Component Manufacturers Association of India (ACMA) for the year 2005-2006. ... More

ASM research centre in Chennai likely
The Chennai Chapter of the American Society for Metals (ASM) International plans to set up a research centre for automobile industries here. To be constructed in phases, the first phase will require an investment of Rs 3 crore and will occupy ... More

Assocham plea to RBI
Assocham has suggested to the RBI to evolve schemes for credit flow to sectors such as manufacturing, agriculture and agri-business, small, medium and tiny enterprises, rural housing and infrastructure development. As the ... More

SCIENCE & TECHNOLOGY
NFC develops titanium products for GSLV
The Hyderabad-based Nuclear Fuel Complex (NFC) has developed critical titanium-based components for the Geosynchronous Satellite Launch Vehicle (GSLV)— Mark III of the Indian Space Research Organisation (ISRO). The titanium half alloy ... More

REGULATORY BODIES & RULINGS
DoT rejects TRAI plan for niche rural operators
The Department of Telecom (DoT) has rejected the proposal to set up niche operators specifically for providing services in the rural sector. The Telecom Regulatory Authority of India (TRAI) had proposed instituting this new category of ... More

TRADE & LABOUR UNIONS
I-T department gears up for strike
The Income Tax department is making necessary contingency arrangements to receive the annual returns to be filed by individuals, in view of the strike notice given by its employees between July 25 and July 31. According to a ... More

EVENTS
Chennai body to host Fashion Garment Fair
More

Mumbai to host Indian pharma congress
The 58th Indian Pharmaceutical Congress (IPC) will be held in Mumbai, between December 1 and 3. The convention on Pharmaceutical Ingredients will also be organised alongside the IPC. The congress is a platform for networking in ... More

ENTREPRENEURSHIP
FICCI to hold workshops for entrepreneurs
The Western Region Council of the Federation of Indian Chamber of Commerce and Industry (FICCI) is organising a slew of programmes for creating general awareness and sensitising entrepreneurs. The federation will host three workshop-cum-seminars ... More

Programme for unemployed youth at Madurai
The Business Information Centre (BIC) of Madurai District Tiny and Small Scale Industries Association (Maditssia) is holding an `Entrepreneurship Training Programme for the Unemployed Youths' on August 5. The programme will ... More

INCOME TAX
Plan for biometric features in PAN cards
The Income-Tax Department proposes to use biometric features such as fingerprints and retina images in permanent account number (PAN) cards to ensure the uniqueness of such numbers and prevent the allotment of more than one PAN to a person. For ... More

Select post offices to accept I-T returns
Income tax assessees will be allowed to file their returns in designated post offices across the country from Wednesday. "About 2,000 post offices will now accept income tax returns and the taxpayer will not be required to come to the income ... More

EXPORTS & IMPORTS
Crude oil imports up 26.6% in June
Oil imports in June rose by 26.6 per cent year-on-year. According to data compiled by the Petroleum Ministry, crude oil imports last month rose to 9.6 million tonnes compared with 7.58 million tonnes in the corresponding previous period. Total ... More

ECONOMIC OFFENCES
Book on anti-money laundering
Indian Institute of Banking and Finance has launched a book on anti-money laundering and know your customer (KYC) as part of the institution's certification course on the same. The institute has launched various diploma ... More






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Top Stories
Dumping duty on POY from China mooted

Banks seek exemption from reserve ratios on tier-2 bonds

Physical deliveries surge on NMCE for July contracts

Plan for biometric features in PAN cards

`This Government can no longer carry out any reform'

CBDT notifies new e-return forms

ABB India posts 65 pc increase in Q2 net profit

Flat steel prices set to go up

SBI may consider rights to shore up Tier-I capital

Looking back
Jul. 16-Jul. 22
`Big investments by Indian cos in UK'

Rural child workers earn more in agriculture

States headed for fiscal deterioration

Uncertainty over tea delegation visit to Pak

Oil market remains vulnerable to shocks

Exports touch $102 b in fiscal 2005-06

Hewitt launches Asia-Pacific salary increase survey

Israel may grant duty-free apparel imports

Finance Ministry vows to keep price stability in oil

Pharma industry seeks status quo on policy

Govt raises natural gas price by 20 pc

Cumin seeds export up on global short supply

SAIL willing to go the extra mile in Jharkhand

ONGC mulls competitive financial packages for key staff

Nuclear major Areva calls India `first priority' market

Nasscom plans 3 more cyber labs

Crude output rises in June

`High HIV/AIDS rate may affect economic growth'

Govt to make standards for tyres mandatory

ONGC told to get third-party audit for every well drilled

Orissa could become India's powerhouse, says CM


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