The Hindu Business Line : Friday, May 22, 2009

INDUSTRY & ECONOMY

ECONOMY: Social sector boost to be new Govt’s immediate priority
Reforms push may be slow & steady. New Delhi, May 21 Though the markets and the industry are gung-ho over the UPA victory, they may have to wait as the new Government unfolds its immediate priorities. It is likely that the UPA may not go ...

ECONOMY: Inflation rises to 0.61% on higher food prices
New Delhi, May 21 Inflation edged up in early May on account of higher food prices, but held near a three-decade low, giving more freedom to the RBI to take steps to support a slowing ...

HOTELS: As ever, PSUs carry the load during poll time
TRAVEL AND STAYS. New Delhi, May 21 From the conduct of free and fair elections to providing accommodation to almost half of the newly elected Lok Sabha members, the Government always turns to the public ...

ECONOMY: Corporate tax collections fall short of revised estimate
Personal I-T mop-up exceeds estimate. The Centre’s corporate tax collections for financial year 2008-09 have fallen short of the revised estimate by about 3.68 per cent. On the other hand, personal income-tax collections are a tad better ...

ECONOMY: Inflation rate rises to 0.61% on costlier food
Wholesale Price Index for all commodities at 232 points. New Delhi, May 21 The annual Wholesale Price Index-based inflation rose 0.61 per cent during the week to May 9, above the previous week’s annual rise of 0.48 per cent, Government ...

POWER: More of TNEB’s thermal plants develop snags
Possibly indicating that machineries are in need of overhaul. Chennai, May 21 More of the thermal power stations of the Tamil Nadu Electricity Board (TNEB) have developed snags. Though engineers are confident of setting right all but two of the ...

REAL ESTATE & CONSTRUCTION: Realty stocks witness renewed interest
Broking firms upgrade realty majors. Mumbai, May 21 As things start to look better for the economy and capital markets, brokers’ outlook for real estate sector stocks have also taken a positive ...

POWER: Lack of quality coal trips Mahagenco’s power production
Mumbai, May 21 Power production at the seven thermal power stations of Maharashtra State Power Generation Company Ltd (Mahagenco) has dipped by about eight per cent since March due to problems in quality of ...

RURAL DEVELOPMENT: Funds not a constraint to AP development, welfare schemes: Reddy
Hyderabad, May 21 Funds are no constraint in implementation of various developmental programmes and welfare schemes in Andhra Pradesh, according to Dr Y.S. Rajasekhara Reddy, ...

PETROLEUM: Hopes of free fuel pricing lift oil marketing cos’ stocks
Subsidy package, additional bonds also boost sentiment. Mumbai, May 21 Announcement of an Rs 943 crore subsidy package and reports about a draft paper on free fuel pricing below $75 a barrel crude price by the Petroleum Ministry led to more than ...

EMPLOYMENT: Most cos likely to go ahead with hiring plans, says survey
At least 78 per cent of Indian companies are likely to go ahead with their original hiring plans despite economic slowdown, according to a Pulse Survey by AIMA ...

SOCIAL SECURITY: AP CM’s call for medical services
The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, has called for bringing Arogyasri (the universal health insurance scheme), 108 (emergency medical care) and 104 (medical advice over phone ) under one umbrella. Reviewing Arogyasri ...

PHARMACEUTICALS: Drug regulator to expand survey on fake medicines
First report on counterfeit drugs in India by June. New Delhi, May 21 The Drug Controller General of India plans to widen the survey to map the prevalence of counterfeit drugs in the country with larger number of samples. The regulator, which is ...

EDUCATION: NIT-Warangal inks pact with two Finnish varsities
Hyderabad, May 21 National Institute of Technology, Warangal (NIT-W) has signed a Memorandum of Understanding with the University of Tampere and Tampere University of Technology, Finland for academic ...

ENVIRONMENT: EU to study impact of retreating Himalayan glaciers on monsoons
Hyderabad, May 21 How do the retreating glaciers of the mighty Himalayas impact the Indian ...

REAL ESTATE & CONSTRUCTION: Perilous perch
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EVENTS: Seminar on risk management in Hyderabad
Hyderabad, May 21 Experts on risk management from Bahrain and Sri Lanka and India will take part in a full day seminar on ‘Credit Risk Management- New Horizons’, in city on ...

EVENTS: EIU to host ‘India Forecasting Forum’ in Sept
The Economist Intelligence Unit (EIU), a B2B intelligence arm of The Economist Group, plans to host an ‘India Forecasting Forum’ in ...

COURTS/LEGAL ISSUES: Nokia Siemens moves HC against BSNL
New Delhi, May 21 The spat between Nokia Siemens and Bharat Sanchar Nigam Ltd over the latter’s decision to disqualify the Finnish company’s offer for the 93-million-line GSM contract has taken a legal ...

EVENTS: Mumbai to host industrial machinery, electronics fairs
Mumbai, May 21 Mumbai will host twin trade exhibitions covering machinery and consumer electronics scheduled to be held during May 26-28 at the Bombay ...

EMPLOYMENT: Hiring in Pune down 5% in April
Pune, May 21 Hiring activity in Pune has dipped this April, and is down by 5 per cent in comparison to the status in March. The index moved to 571 from 604 in the comparable months, according to Naukri JobSpeak, the monthly job index released ...

EDUCATION: CIMA's study support centre
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