The Hindu Business Line : Sunday, March 15, 2009

INDUSTRY & ECONOMY

PENSION PLANS: Pvt PF trusts can actively manage funds in equities from April 1
CBDT amends I-T rule on investment pattern. New Delhi, March 14 The decks have been cleared for provident funds and superannuation trusts managed by the private sector to take a greater exposure in the stock ...

KNITWEAR & HOSIERY: Falling rupee brings no joy to knitwear exporters
Woes rise on currency forward contracts, buyers seek price cut. Coimbatore, March 14 Instead of rejoicing over the appreciation of the dollar, knitwear exporters in Tirupur seem to be more confused and depressed than ...

REAL ESTATE & CONSTRUCTION: Be home-loan wise in a slump
Declining interest rates and property price discounts could well be a blessing for those looking forward to owning a home. However, a slowing economy, pay cuts and fear of job losses appear to offset the positives. Added to this, inflation at ...

REAL ESTATE & CONSTRUCTION: The well-heeled look ahead
Recent weakness in both the traded asset markets as well as real estate may have diminished their earlier insatiable appetite, but investing in real estate still remains a viable asset class for the discerning high net worth investor ...

MANPOWER: AAI unveils voluntary retirement scheme
Succor for staff to be hit by Mumbai, Delhi airports’ privatisation. Mumbai, March 14 Airports Authority of India (AAI) has come out with a voluntary retirement scheme for its employees in the Mumbai and Delhi airports, who will be ...

ECONOMY: Women worse hit in recession than men, says N. Ram
Chennai, March 14 Women are facing a hard time today given the global economic slowdown, said Mr N. Ram, Editor-in-Chief, ...

LEATHER: Global footwear designers go for conservative look
It is not just companies that are going conservative in the current economic scenario; apparently fashion too, is going for the ...

ECONOMY: US: Unemployment blues
The first Friday every month is turning out to be a nightmare for the US markets and, indeed, for global markets as well. That is when the Bureau of Labour and Statistics (BLS) releases the US employment situation report, which details the ...

ECONOMY: Unorganised workers in select sectors to be hit by slowdown
National Sample Survey Organisation’s findings on distribution of workforce useful. Bangalore, March 14 A slump in food products, textiles, tobacco and wood products, transport, finance and hotels could hit workers harder than a slowdown ...

EVENTS: India invited to join Basel panel on banking supervision
The Basel Committee on Banking Supervision has decided to expand its membership and invite representatives from Australia, Brazil, China, India, Korea, Mexico and Russia to join ...

TOURISM: Eco-tourism operators feel slowdown heat
Enquiries continue but calls for discounts increase. Bangalore, March 14 Eco-tourism operators are also facing the downturn blues. Though a niche segment, this sector is beginning to feel the pinch, as business has been slower than ...

KNITWEAR & HOSIERY: Move to retain workforce
Coimbatore, March 14 Knitwear garment exporters are getting smart. They are now trying to accommodate the workforce instead of packing them home as they did some ...

PAPER, BOARD & NEWSPRINT: Hit by slowdown, agro and recycled paper industry seeks funds
Coimbatore, March 14 The global economic turmoil has not spared the Indian agro and recycled ...

EVENTS: Weekly news round-up
The Satyam Computer Services call for registrations for the bidding process has received an overwhelming response, with over 100 requests coming in from India and abroad. Sources close to the development say that a true picture would emerge only ...

INDUSTRY ASSOCIATIONS: Harpal Singh to head CII-North
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TOURISM: Tourism Belgium opens offices in Mumbai, Delhi
The Tourism office for Flanders-Belgium has launched its offices in India on Saturday. These offices will be located in Mumbai and New ...