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INDUSTRY & ECONOMY
ECONOMY:
RBI cuts cash reserve ratio
Mumbai, Oct. 6 In a bid to ease the current cash crunch in the financial system, the Reserve Bank of India on Monday announced a half percentage point reduction in the cash reserve ratio (CRR) to 8.5 per cent from 9 per ...
ECONOMY:
Net direct tax collections up 25.5% in Sept
New Delhi, Oct. 6 The Centre’s net direct tax collections in September 2008 stood at Rs 62,788 crore, showing a growth of 25.51 per cent over Rs 50,025 crore collected in the same month last year. The collections in September are ...
PERSONAL PRODUCTS:
Durable majors push premium products this festive season
Aim to boost revenues with new strategies & products. New Delhi, Oct. 6 Hit by high inflation and rising input costs, consumer durables majors are looking to boost sagging revenues by unleashing a slew of products in the premium-end category ...
ECONOMY:
Employment and the pattern of growth
Estimates made by the National Commission for Enterprises in the Unorganised Sector (NCEUS) provide a much clearer picture of employment in the organised industrial sector than available hitherto. It makes the much needed distinction ...
HCV/LCV/TRACTORS:
Commercial vehicle cos resort to production cuts
Triggered by lower demand, inventory pile-up in medium, heavy category. New Delhi, Oct. 6 A pile-up of stocks at the retail end due to a slowing economy has triggered commercial vehicle manufacturers to cut their production of medium and heavy ...
MINERALS:
ONGC to join hands with Uranium Corp for exploration
Govt considering dual pricing policy for diesel: Deora. Lunej (Gujarat), Oct 6 With the Indo-US nuclear deal throwing open new vistas of nuclear power generation in the country, Oil and Natural Gas Corporation Ltd (ONGC) would shortly sign a ...
FOREIGN TRADE:
‘€20 b target for trade with Germany in sight’
Take advantage of India’s investor-friendly climate: Kamal Nath. New Delhi, Oct. 6 The Union Minister of Commerce and Industry, Mr Kamal Nath, on Monday said that reaching the bilateral trade target of €20 billion by 2012 between ...
LEATHER:
Footwear exporters want one foot at home
Chennai, Oct. 6 Leading footwear exporters are now focussing on the domestic market as they see a growth in demand for high-quality footwear, better margins, and the opportunity to grow their own brands, as opposed to an anonymous presence ...
REAL ESTATE & CONSTRUCTION:
Maharashtra property expo to feature 800 projects
Mumbai, Oct 6 Over 85 developers will exhibit 800 projects at the Maharashtra Chamber of Housing Industry (MCHI) Property 2008 expo here at the MMRDA Grounds, Bandra Kurla Complex, between October 9 ...
INDUSTRY ASSOCIATIONS:
New office-bearers for TN Chamber
The following persons have been unanimously elected for the post of Secretary and Treasurer of Tamilnadu Chamber of Commerce and Industry at the 84th Annual General Meeting, held on September 30. Mr N. Jegatheesan was elected as Secretary and Mr ...
ECONOMY:
No signal for low-interest regime, say economists
Thiruvananthapuram, Oct. 6 The CRR cut has evoked mixed response from leading ...
REAL ESTATE & CONSTRUCTION:
Uppal Group eyes residential projects in Mumbai, Pune, Hyderabad
New Delhi, Oct 6 Real estate company Uppal Group is eyeing an opportunity outside north India and plans to kick off residential projects in Mumbai, Pune and ...
EXPORTS & IMPORTS:
Freight fall may not benefit commodity imports
Mumbai, Oct 6 The fall in freight rates is unlikely to benefit commodity imports due to significant depreciation in value of rupee against ...
SSI:
Incentives will help boost SMEs’ productivity: FICCI
New Delhi, Oct. 6 The country’s small and medium enterprises hit by the tight availability of finance and high interest must be offered productivity led incentives to boost their business, said the Federation of Indian Chambers of ...
EXPORTS & IMPORTS:
Indian mangoes may enter Australia next summer
Indian mangoes are likely to hit the Austrlian shores next summer of both the nations come to an agreement on the regulations for import ...
GEMS & JEWELLERY:
False glitter
...
COURTS/LEGAL ISSUES:
Gas issue: RIL rules out out-of-court settlement
Mumbai, Oct. 6 The division bench of the Bombay High Court on Monday suggested that the ongoing case between the Ambani brothers, feuding over sharing of natural gas, could be settled with the help of an independent ...
TEXTILES:
Parliamentary panel visits weavers in AP
The Parliamentary Standing Committee on Labour plans to recommend a set of emergency measures to prevent suicide and starvation deaths of weavers in Sircilla town in ...
INDUSTRY ASSOCIATIONS:
‘Invite Nano project to near Madurai’
The Tamilnadu Chamber of Commerce and Industry has urged the Chief Minister to invite Mr Ratan Tata to set up the Nano car project near ...
EVENTS:
Tattv ’08 annual meet gets under way
Pune, Oct. 6 Tattv ’08, the annual summit of the Symbiosis Institute of Operations Management (SIOM), Nashik, got off to a start at the Gateway Hotel with a presentation by Mr Sanjay Phadke, Vice-President, Structured Debt Capital ...
POWER:
AP Genco to take up work on 2x1000 MW nuclear plant
Hyderabad, Oct 6 The Andhra Pradesh Chief Minister, Dr. Y S Rajasekhara Reddy, today agreed to the proposal of AP Genco to establish a 2x1000 MW nuclear power plant at either in Kadapa or ...
RURAL DEVELOPMENT:
Nabard mulls micro cover for rural poor
A comprehensive micro insurance product for the rural poor is being worked out, according to Mr K.G. Karmakar, Managing Director, National Bank for Agriculture and Rural ...
INDUSTRY ASSOCIATIONS:
Industry chambers hail move
New Delhi, Oct. 6 Industry chambers on Monday welcomed the cut in the Cash Reserve Ratio announced by the Reserve Bank ...
REAL ESTATE & CONSTRUCTION:
Skyline plans villas near Chennai
Skyline Group, Bangalore-based real estate developer, plans to launch a high-end villa project near Chennai by the year-end at an investment of Rs 45 ...
GENDER:
Empowering women, Kudumbashree way
It’s been called a “silent revolution” and for once that appellation seems to sit well on the shoulders of Kudumbashree, the women-oriented community-based poverty alleviation programme being implemented in Kerala by the ...
POWER:
Diamond Cables' `power park'
...
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