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Thursday, August 27, 2009
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INDUSTRY & ECONOMY

ECONOMY: Core sector growth dips to 1.8% in July
Drop in output of crude, refined petro-products weighs down index. New Delhi, Aug. 26 After logging a healthy 6.8 per cent growth in the previous month, the official index of six core infrastructure industries registered a tepid year-on-year ...

REAL ESTATE & CONSTRUCTION: Building on cricket
Karnataka comes up with its own KPL tournament, and realtors have bagged most of the teams.. Bijapur Bulls vs Bangalore Urban. Davangere Diamonds take on Belgaum Panthers. Stumped? Well, for the uninitiated, these are teams from ...

HCV/LCV/TRACTORS: Tractor makers confident of growth despite drought
See increased activity in non-farm applications. The Indian tractor industry expects to register marginal growth this fiscal despite the second half being impacted by the drought and its impact on the agricultural sector. This optimism stems ...

STANDARDS & BENCHMARKS: Bharat Stage-IV norms to be operational from April 1
Hyderabad, Aug. 26 All automotive manufacturers will have to conform to Bharat Stage-IV norms beginning April 1, 2010 for vehicles sold in all the four metros plus Hyderabad and eight other select cities in the ...

EXPORTS & IMPORTS: Relief measures likely for exporters in Foreign Trade Policy
New Delhi, Aug. 26 Even as the Commerce Ministry is set to unveil its medium-term Foreign Trade Policy (FTP) for 2009-14 here on Thursday in the face of gloomy global trade situation, the policy would have more to do with overcoming ...

EVENTS: Diabetes public awareness expo
A mega diabetes public awareness programme called ‘Diabetes 2009’ is being organised here during December 18-20 by the Dr Mohan’s Diabetes Specialities Centre. Dr V. Mohan, Chairman and Chief Diabetologist at the centre, said ...

TAXATION: AP to offer VAT rebate for new industries
The State Investment promotion Board (SIB) today decided to offer 50 per cent reimbursement of value added tax (VAT) for five years for new projects, in addition to the incentives available as per the State Industrial Investment ...

NON-CONVENTIONAL ENERGY: More people turn to the sun for energy needs
Waste-energy recycling also gaining ground. Washington, Aug. 26 For a world grappling with concerns over climate change and rising carbon footprint, the sun is increasingly providing some solace and clean ...

NATURAL CALAMITIES: Crisis management plan on anvil: Kerala Minister
Draft to be put on public domain. Thiruvananthapuram, Aug. 26 The State Government is drawing up a crisis management plan to prepare itself to handle the impact of disasters, both natural ...

REAL ESTATE & CONSTRUCTION: Aurigo Software offers construction tool to Karnataka
Bangalore, Aug. 26 Microsoft certified partner Aurigo Software Technologies, which offers solutions to the construction industry, is talking to the Karnataka Government for deploying its software which claims to offer real-time site ...

ECONOMIC OFFENCES: High-level corruption should be pursued aggressively, says PM
New Delhi, Aug. 26 The Prime Minister, Dr Manmohan Singh, on Wednesday asked the anti-corruption agencies to go after the “big fish” and not just focus on ...

ENVIRONMENT: Green ride
...

COURTS/LEGAL ISSUES: First of its kind
...

TOURISM: Small is successful
...

FOREIGN TRADE: ‘India share in global trade to go up to 3%’
Kolkata, Aug. 26 India will try to step up its share in global trade from the current 1.5 per cent to three per cent by 2015, according to Mr Subodh Kant Sahai, Union Minister for Food ...

PHARMACEUTICALS: Cipla urges Govt to allow retail sale of anti-flu drugs
Mumbai, Aug 26 “We are adults and should be treated as adults,” says Cipla Chairman and Managing Director, Dr Y. K. Hamied, responding to queries on the Centre’s decision to not allow retail sales of anti-flu drugs ...

STANDARDS & BENCHMARKS: Platts launches oil price benchmarks for Indian products
New Delhi, Aug. 26 Platts, a global energy and metals information provider and a division of The McGraw-Hill Companies, has introduced a series of oil price benchmarks for the Indian oil ...

SCIENCE & TECHNOLOGY: PM inaugurates IIST campus
Hosted on a tele-link from New Delhi, the Prime Minister, Dr Manmohan Singh, inaugurated the new campus of the Indian Institute of Space Science and Technology (IIST) at Valiamala near here on Tuesday ...

BIO-TECH & GENETICS: TN to encourage bio-tech units
Chennai,Aug. 26 TICEL Bio Park started work on the Rs 120-crore second phase expansion of the biotechnology laboratory infrastructure facility ...

POWER: Govt signs pact with World Bank for three projects
New Delhi, Aug. 26 The Government has signed agreements with World Bank for three projects here on Wednesday. The three projects are ‘Chiller energy efficiency project’, ‘National agricultural innovation project ...

NEWSPAPERS & PUBLISHING: EKL to bring out 50th issue
Executive Knowledge Lines (EKL), a monthly publishing initiative from a group of professionals, is bringing out its 50th issue at a function here to be held on Thursday. Dr G. Madhavan Nair, Chairman, ISRO, will launch the issue in the presence ...

HEALTH: CII campaign on swine flu
CII, Eastern Region, is organising awareness programmes on swine flu for corporates and institutions. The initiative started here on Wednesday with an interactive session at Apeejay School and more than 200 students and teachers of the ...

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




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Markets (Aug 26)
Nifty (at close)4,680.85(+21.50)
US Dollar (Buy/Sell)48.90/91
Brent crude (a bbl) Rs3,449
Gold (a gram) Rs1,400
Silver (a kg) Rs24,610


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Looking back
Aug. 16-Aug. 22
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More pain than gain for non-residents



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