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Sunday, August 02, 2009
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INDUSTRY & ECONOMY

ECONOMY: Consumer goods cos on song as urban, rural spends remain strong
Price-cuts, promotional offers and new launches boost volume growth. Consumer goods companies have seen their products really move fast off the shelves in the latest June quarter even as other key sectors of India Inc struggled to ...

PETROCHEMICALS: KG gas deflates naphtha
New Delhi, Aug. 1 With the Krishna-Godavari Basin gas coming on stream, naphtha consumption has begun to decline as power and fertiliser units are shifting to cheaper ...

REAL ESTATE & CONSTRUCTION: Props for affordable housing
After an “uneventful” Interim Budget and the Union Budget 2009-10 for real estate, the Finance Minister surprised home buyers and builders while replying to the debate on the Finance Bill, 2009, in the Lok Sabha earlier ...

WTO: Doha Round: India can turn the table on US, says Jagdish Bhagwati
Should ‘improve negotiating stand on special safeguard measures’. Chennai, Aug. 1 India should take the lead at the WTO’s Doha Round of negotiations by improving its negotiating stand on special safeguard measures, says Dr ...

ENVIRONMENT: Call for energy-efficient IT buildings
The information technology industry has to invest in non-conventional energy sources and “temper the architecture of its buildings to Indian conditions,” according to Mr S. Kabilan, Chairman, Tamil Nadu Electricity ...

TRAVEL & PLACES: Travel agents unruffled by airlines’ strike plan
Mumbai, Aug. 1 August 18 is the day when private airlines will not operate any flights but travel agents are not too worried. According to them, the carriers have been “very smart” in choosing this date as the extended weekend ...

EXPORTS & IMPORTS: Interest subvention for exporters extended
Mumbai, Aug 1 The two percentage point interest rate subvention given by the Government to all scheduled commercial banks in respect of rupee export credit to certain categories of exporters has been extended for six months, from October 1, ...

ANTI-DUMPING: Dumping duty on carbon black from 4 nations
New Delhi, Aug. 1 The Finance Ministry has imposed provisional anti-dumping duty on imports of carbon black from Australia, China, Thailand and Russia. This will be applicable only on carbon black used in rubber ...

EVENTS: Weekly News Round Up
The annual inflation rate based on the Consumer Price Index for Industrial Workers rose to 9.29 per cent in June from 8.63 per cent a month earlier, the Labour Bureau said. The rise comes even as the Wholesale Price Index has plunged into ...

NATURAL CALAMITIES: AP may declare 600 mandals drought-hit
Hyderabad, Aug. 1 With the rainfall deficit continuing to hover around 50 per cent, the Andhra Pradesh Government is likely to put 600-800 mandals, out of a total of 1,128, in the ...

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




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