The Hindu Business Line : Thursday, May 22, 2008

CEMENT
No ban on cement exports to Nepal
New Delhi, May 21 The Government has eased the existing export ban on cement to allow such exports to Nepal. After the Government had banned cement exports in the second week of April to improve domestic supplies, it had exempted ... More

ECONOMY
Kerala to focus on raising capital expenditure
Slew of projects identified for infrastructure development More

FOREIGN TRADE
Indo-US trade set to grow 50%, says Consul General
The Indo-US bilateral trade relationship is projected to grow at about 50 per cent at $60 billion during 2008-09, against about $40 billion in 2007-08, Mr Henry Jardine, the US Consul General in Kolkata, said here on Wednesday.“I ... More

India, Germany sign financial, technical co-operation pacts
New Delhi, May 21 India and Germany on Wednesday signed financial and technical co-operation agreements for projects committed in 2007. The agreements entail German development assistance amounting to €302.79 million (Rs 1,998 ... More

Border check-post
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Scope to boost financial sector ties with China
New Delhi, May 21 India and China must enhance co-operation in the financial sector, both through Governmental agencies and private institutions and banks, the Minister of State for Finance, Mr Pawan Kumar Bansal, has said.Addressing ... More

POWER
Minister pooh-poohs coal shortage complaints
‘Power plants fail to maintain 21-day inventory’ More

Areva T&D to invest Rs 700 cr in 3 greenfield units
Plants to come up in Gujarat, TN More

Lanco Infra gets $150 m IFC credit for power projects
Lanco Infratech Ltd has secured a $150-million line of credit from IFC, Washington, recently that will help the company part finance some of the power projects at various stages of execution.In Lanco Amarkantak, a 600-MW project now ... More

PFC to soon invite proposals for Orissa mega power project
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STEEL
NMDC, 3 others in talks with Rio Tinto arm
For buying steel making technology More

TAXATION
Plea on property tax revision
The Tamilnadu Chamber of Commerce and Industry has sought the intervention of the Mayor and Deputy Mayor of Madurai Corporation over property tax revision in the city. In a statement, the chamber President, Mr S. Rethinavelu, has said the ... More

Traders body seeks Speaker’s intervention in CST rate issue
New Delhi, May 21 The Confederation of All India Traders (CAIT) has urged the Lok Sabha Speaker, Mr Somnath Chatterjee, to ensure that a statement made by the Union Finance Minister, Mr P. Chidambaram, in Parliament on cutting Central Sales ... More

TEXTILES
Training course in non-woven textiles
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SSI
‘Parent industry, cluster formation vital for region’s development’
Madurai, May 21 Identification of a parent industry and a collective effort through cluster development, with the right perspective and attitude, are necessary for developing a region, said Mr R. Dinesh, Executive Director of TV Sundaram & ... More

TRAVEL & PLACES
S. Africa to issue 1-year multiple-entry visas from June
Kolkata, May 21 South Africa will issue a one-year multiple entry business visas from any place in India from June, Mr Jardine Omar, Economic Counsellor, High Commission of South Africa in India, said here on Wednesday. Speaking at a ... More

COAL
Orissa curbs hit East Coast Railway’s coal handling
Kolkata, May 21 East Coast Railway’s (ECoR) coal loading has been hit, the average daily loading having dropped to around 10,000 wagons (four-wheelers) from the targeted 10,500. The Orissa Government’s restriction on ... More

RADIO/TV
Arasu Cable calls for EoI to distribute signals
Coimbatore, May 21 Arasu Cable TV Corporation Ltd, a Government of Tamil Nadu undertaking, has set the ball rolling for the distribution of cable TV signals in the State by calling for expression of interest (EoI) from those in the TV signals ... More

AUTOMOBILE COMPONENTS
Auto component makers not alarmed over Chinese imports
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REAL ESTATE & CONSTRUCTION
Realty prices to go up by Rs 75-500/sq ft in Bangalore
New rates effective from June 10 More

HUMAN RESOURCES
In a state of animation
The number of animation movies made in India continues to rise but the shortage of talent could slow this segment’s growth. More

CREDIT MARKET
Banks defer plan to raise capital for now
Credit offtake still weak; surplus being invested in Govt bills, oil bonds More

EVENTS
Seminar on economic reforms
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EXPORTS & IMPORTS
‘Kerala should have exclusive export promotion policy’
Kochi, May 21 Mr R Asokan, Joint Director of Federation of Indian Export Organisations (FIEO), Southern Region, has called upon the Kerala Government to take initiatives to implement an exclusive export promotion policy (EPP), as various State ... More

BOOKS
New books on law
Amicus Books of ICFAI University Press brought out three new books on law with a focus on emerging issues. The book are ‘Nanotechnology and Patents: A Legal Insight’ edited by Mr C. Sri Krishna, ‘Federalism and Governance: ... More