The Hindu Business Line : Sunday, July 12, 2009

INDUSTRY & ECONOMY

BUDGET: Grasping the Budget fineprint
Most often, while conspicuous changes in the budgets are lauded or criticised, some of the fineprint is overlooked. This time too, some of the less-noticeable changes that can affect the wealth of individuals received little ...

INFRASTRUCTURE: Get set for green cities
After green homes, commercial establishments, corporate houses and lately factories, it won’t be long before we have norms for green cities, which will include special economic zones (SEZs) and even ...

ECONOMY: Pranab remains non-commital on rate cut
Allays fears that Govt borrowings will affect private sector. New Delhi, July 11 The Union Finance Minister, Mr Pranab Mukherjee, on Friday remained non-committal on whether an interest rate cut was imminent. He also allayed fears that larger ...

EMPLOYMENT: Recruiters see more hiring this year: Study
Over 44 per cent of the 900 recruiters surveyed by online job portal Naukri.com predict addition of new jobs this year. This is a 6 percentage point jump since December last when 38 per cent of the recruiters had ...

BUDGET: Budget lacks direction on policy issues
The Finance Minister’s task was perhaps an unenviable one this year. Amidst the fear of growing fiscal and revenue deficits, the Finance Minister may have had little to choose between the devil and the deep ...

GOLD & SILVER: Doubled Customs duty on gold could open illegal trade channels
But this time around, it was inevitable that the Customs duty was hiked to keep up with spiralling gold prices. It has also raised the fear of the unofficial channel cropping up ...

REAL ESTATE & CONSTRUCTION: Koncept’s luxury apartments, hotels
Koncept Ambience, which has developed luxury apartments in the price range Rs 1.75 crore to Rs 3.5 crore, has roped in developers to set up three five star hotels in the Botanika ...

BUDGET: Rising fiscal deficit, a worrisome factor
The Budget proposals are high on populism with a plethora of relief and concessions to different segments of the vote bank and in the process fiscal prudence has become a casualty. The rising fiscal deficit is a worrisome factor. ...

GEMS & JEWELLERY: Poor man’s jewellery taxed higher than the real
This Budget could well be the one that favours the rich by making luxury goods cheaper, and penalising the poor by taxing what they buy. One of the most glaring distortions that the recent Union Budget brought about relates to excise duty ...

PETROLEUM: GSPL system pipes more volumes as Gujarat power cos switch to D6 gas
Natural gas production has sharply reduced the overall demand for spot-LNG. Kolkata, July 11 Availability of Reliance D6 gas for power and fertiliser sectors in Gujarat coupled with consumption of spot LNG by Reliance’s Jamnagar facility ...

PHARMACEUTICALS: Registration to be made mandatory for clinical research organisations
New Delhi, July 11 To bring more transparency to clinical trials happening in India, the drug regulator has drafted guidelines for mandatory registration of clinical research organisations (CROs) in the ...

BUDGET: A good job by Finance Minister
The Budget was below the market expectation but keeping in mind the current economic situation it was a good job done by the Finance Minister. He has maintained priority to growth over fiscal ...

EXPORTS & IMPORTS: Pawar sees potential to enhance ornamental fish exports
Hyderabad, July 11 The Union Minister for Food and Agriculture, Mr Sharad Pawar, on Saturday reiterated the Government’s interest in shoring up India’s export of ornamental fish. “Ornamental fish business globally is in ...

BUDGET: MAT increase may hit Tier-II players
The Finance Minister has brightened the hearts of the captains of the IT industry by extending the tax holiday by a year, the abolition of fringe benefit tax and the removal of duty on packaged software. But he has taken the shine off by ...

EVENTS: Weekly News Round up
The 2009-10 Union Budget is likely to leave more money in the hands of the aam aadmi through a massive step-up in social sector outlays and a marginal tinkering of personal income-tax slabs. It has done away with messy imposts such as the ...

TOURISM: Travel agents push Indian airlines
Mumbai, July 11 Travel agents, miffed with European and American carriers on the commission issue, are now pushing their customers to opt for Indian ...

BUDGET: Introduction of GST: A major challenge ahead for Govt
The Budget was presented in the background of unprecedented over expectation of the anticipated benefits that it would offer to various segments of the economy. Expectedly, it fell short of some expectations On the taxation front, ...

HUMAN RESOURCES: Training for public info officers
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Columnists: • B Venkatesh • C Gopinath • Bhanoji Rao • P.V. Indiresan