The Hindu Business Line : Monday, June 02, 2008

8-9% growth rate can be maintained, says Oscar Fernandes
Mangalore, June 1 Growth rate of eight to nine per cent can be maintained in the country, according to Mr Oscar Fernandes, Union Minister of State for Labour and Employment.Inaugurating the Southern India MSME (micro, small and medium ... More

ENVIRONMENT
Eco impact study of Anrak refinery flawed, says NGO
Visakhapatnam, June 1 The environment impact assessment (EIA) study on the alumina refinery and smelter to be set up by the Anrak group in the area is incomplete and misleading, according to Samata, a local NGO opposing the project.In ... More

PETROLEUM
Levies account for 66% of oil price
It might be interesting to note how much the Central and State Governments collect by way of levies on crude and petroleum products. According to one estimate, the levies account for more than 66 per cent of the retail prices — excise duty ... More

POWER
Power Exchange gets in-principle nod from CERC
Mumbai, June 1 Power Exchange India Ltd (PXI), a joint venture of National Stock Exchange of India (NSE) and National Commodity & Derivatives Exchange (NCDEX), has obtained the in-principle approval of the Central Electricity Regulatory ... More

TYRES
Tyre dealers voice concern over price hikes
Kolkata, June 1 Tyre dealers will meet the Union Industry Secretary, Mr Ajay Shankar, on Monday opposing “indiscriminate tyre price hikes by domestic tyre majors”. In a press release issued on Saturday, All India Tyre ... More

RADIO/TV
Celebrating the arrival of Cricket’s big league
New Delhi, June 1 “It’s a landmark in the history of cricket, and a great display of India to the world,” said Mr Sunder Raman, CEO, DLF Indian Premier League, having to scream into his phone to be audible over the rising ... More

EDUCATION
Marathwada Chamber initiative to upgrade 13 ITIs
Pune, June 1 The Chamber of Marathwada Industries and Agriculture (CMIA) has taken up an initiative through its member units to upgrade 13 Industrial Training Institutes from rural Marathwada region.According to Mr Ashish Garde, ... More

GOLD & SILVER
Gold to test resistance and fall
Comex gold futures ended higher for the week, as a rebound in energy costs and the dollar’s drop against the euro revived demand for an inflation hedge. The dollar headed for a second straight monthly gain against the euro, on ... More

INDUSTRY ASSOCIATIONS
Thailand in focus for ‘Look East’
Speeding up development process More

EXPORTS & IMPORTS
US steps up demand for heavy water from India
Importing companies mainly use it for non-nuclear purpose More

ECONOMIC OFFENCES
Corruption in health projects funded by World Bank
Ever since the former World Bank President, Mr James D.Wolfensohn, decided to make corruption a plank of the Bank's policy framework and established the Department of Institutional Integrity (DII) to conduct regular implementation reviews of the ... More