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Tuesday, May 19, 2009
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INDUSTRY & ECONOMY

PSU: Nokia Siemens knocks on competition panel’s door
Move follows BSNL’s rejection of Finnish co’s GSM bid. New Delhi, May 18 After being disqualified from bidding for BSNL’s Rs 30,000-crore GSM contract, Finnish telecom equipment maker Nokia Siemens Networks Ltd has sought the ...

FOREIGN DIRECT INVESTMENT: The industrial downturn
Even as India’s stock markets are staging a recovery from the depths they have mined, disconcerting news emerges from elsewhere in the economy regarding the effects of the global crisis. The two main channels through which the global crisis ...

ECONOMY: Lok Sabha polls: Gujarat economy may be impacted by political uncertainties
Gandhinagar, May 18 The Lok Sabha election results have unveiled ‘green shoots’, seen as heralding the end of a recessionary trend in the Congress in the North and western India, with the oldest party witnessing the ...

ECONOMY: Plan panel to be reconstituted
Montek, other members submit resignations. New Delhi, May 18 The Planning Commission’s full-time members and the Deputy Chairman, Mr Montek Singh Ahluwalia, on Monday tendered their resignations to the Chairman, the Prime Minister, Dr ...

HEALTH: Swine-flu leads health concerns for new govt
Mumbai, May 18 Despite the double-clap from the stock market for the Congress-led alliance’s thumping election victory, new incumbents at the helm of ministries taking care of the country’s health will be greeted by ...

NON-CONVENTIONAL ENERGY: ‘Solar lanterns can light up rural households’
Thiruvananthapuram, May 18 Solar energy has the potential to improve the living conditions of poor rural households in India as well as contribute to the country’s future energy security, according to a ...

GEMS & JEWELLERY: Jewellery federation eyes 50% sales growth by 2013
Bangalore, May 18 The All India Gem and Jewellery Trade Federation is targeting for 2013 a 50 per cent growth in the retail turnover of the domestic jewellery industry, which is currently worth Rs 1,12,000 ...

EVENTS: Tea buyers-sellers meet to be held in Dubai
For the first time, the Indian tea producers will be holding a buyers-sellers meet outside the ...

COAL: CIL may urge new Govt to hike coal price
Kolkata, May 18 Soon after assuming office the new government may be faced with a proposal for an increase in prices of coal by Coal India Ltd (CIL) in the second half of the current financial year. This is to meet the rising cost of ...

FOREIGN TRADE: Japanese cos keen to invest more in India
Japanese corporations, scouting for partners to expand their overseas investments, are inclined to give an impetus to India as an ...

TOURISM: Firm grip
...

TAXATION: e-filing of commercial tax returns
...

EMPLOYMENT: For want of job
...


Columnists: B Venkatesh C Gopinath Bhanoji Rao P.V. Indiresan




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Markets (May 18)
Nifty (at close)4,323.15(+651.50)
US Dollar (Buy/Sell)47.88/89
Brent crude (a bbl) Rs2,476
Gold (a gram) Rs1,364
Silver (a kg) Rs22,250


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