The Hindu Business Line : Wednesday, September 09, 2009

INDUSTRY & ECONOMY

CLIMATE & WEATHER: Thermal, nuclear power to the rescue
New Delhi, Sept. 8 Despite the deficient rains throwing hydel generation out of gear, a power crisis has been averted with higher thermal and nuclear ...

EXPORTS & IMPORTS: Tyre exports roll down 22% in July
Mumbai, Sept. 8 Even while India is emerging a key hub for passenger car exports, tyres have not quite managed to ...

TAXATION: Pranab expects tax receipts to improve in Q3
Economic slowdown, stimulus package had hit collections. New Delhi, Sept. 8 The Finance Minister, Mr Pranab Mukherjee, today said that he expects indirect tax collections to improve in the third quarter of the current fiscal. He also expressed ...

FOREIGN TRADE: India, Turkey moving towards free trade agreement
Set short-term bilateral trade target of $5 billion. Ankara, Sept. 8 India and Turkey are holding talks here to expedite the proposal to ink a Free Trade Agreement (FTA) and enhance the bilateral trade from the current “way below potential ...

INFRASTRUCTURE: SmartCity top brass to meet Kerala Chief Secy today
Move for fresh lease agreement to revive project. Kochi, Sept. 8 A high-level team led by the SmartCity Chief Executive Officer, Mr Fareed Abdulrahman, will meet the Chief Secretary, Ms Neela Gangadharan, on Wednesday to discuss ways to remove ...

ECONOMY: Govt goes in for mandatory pruning of non-Plan expenditure
The Finance Ministry has gone in for a mandatory 5 per cent cut in most non-Plan expenditures for ...

TAXATION: e-payment facility launched for VAT dealers
Thiruvananthapuram, Sept. 8 Having achieved 100 per cent e-filing of returns, the State Government has taken the next logical step of introducing ‘e-payment’ to all its registered ...

TAXATION: Slippages in VAT Karnataka collections hit tax buoyancy
State Govt looks for additional Central assistance. Bangalore, Sept. 8 With the value-added tax collections under pressure, Karnataka’s revenue buoyancy has fallen close ...

REAL ESTATE & CONSTRUCTION: AP to raise Rs 3,000 cr thru land sale
Continuing the mandate set by the former Chief Minister, Dr Y.S. Rajasekhara Reddy, on resource mobilisation, the caretaker Government, headed by Mr K. Rosaiah, has begun efforts to raise Rs 3,000 crore from sale ...

AUTOMOBILES: SIAM steps up forecast as vehicle sales grow
The upward trend in vehicle sales continued in August. Total passenger vehicle sales grew by 22.4 per cent at 1,52,100 units. In August, the total number of all vehicles sold was up 24.33 ...

EXPORTS & IMPORTS: Cut in basmati MEP may impact prices at harvest time
New Delhi, Sept 8 The Centre has lowered the minimum export price (MEP) of basmati rice from $1,100 to $900 a tonne. The decision – notified by the Directorate General of Foreign Trade (DGFT) on Monday – comes even as the ...

EXPORTS & IMPORTS: Edible oils lead import of sensitive items in Q1
New Delhi, Sept. 8 India’s import of 300 sensitive items grew 40.6 per cent in April-June, the first quarter of 2009-10, to Rs 13,509 crore as compared with Rs 9,608 crore during the corresponding period ...

CLIMATE & WEATHER: Softer approach needed on climate change talks at Copenhagen
New Delhi, Sept. 8 Noted economist and Nobel laureate, Prof Michael Spence, has advocated a softer approach in upcoming climate change negotiations that allows developing countries to meet their growth ambitions, while allowing them to ...

ENVIRONMENT: BCIL’s housing project bags LEED platinum rating
Bangalore, Sept. 8 The Bangalore-based green building technology company and developer of eco-friendly homes Biodiversity Conservation India Ltd (BCIL) has received a LEED Platinum rating for its residential apartment project, BCIL TZed ...

EVENTS: Boosting ties
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RURAL DEVELOPMENT: Working hard
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PETROLEUM: NELP bids by mid-Dec: Deora
The Petroleum Minister, Mr Murli Deora, has said that the Government will finalise the award of oil and gas exploration blocks under the eighth round of New Exploration Licensing Policy (NELP-VIII) and the fourth round of Coal Bed Methane ...

FOREIGN DIRECT INVESTMENT: Govt refers Daimler’s FDI proposal to CCEA
New Delhi, Sept. 8 The Government today referred to the Cabinet Committee on Economic Affairs (CCEA) a proposal by Daimler to buy out its erstwhile partner Hero Group’s 40 per cent holding in a joint venture company. The joint venture ...

EVENTS: Madurai Symposium next week
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