INDUSTRY & ECONOMY
EMPLOYMENT
`AP Govt committed to implementing quota for Muslims'
THE State Government is committed to implementing 5 per cent reservations for Muslims from next year after complying with the conditions set by the AP High Court, according to Mr Mohammed Fareeduddin, Minister for Minorities and Fisheries. He ...
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ECONOMY
NCAER projects 10th Plan GDP growth at 6.7 pc
THE National Council of Applied Economic Research (NCAER) has forecast the gross domestic product (GDP) growth during the Tenth Plan period (2002-07) to average 6.7 per cent as against targeted growth of 8.1 per cent by the Planning ...
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`RBI keeping close watch on consumer price index'
THE Reserve Bank of India (RBI) is closely monitoring the increase in the consumer price index, according to Dr Rakesh Mohan, Deputy Governor, RBI. ``The increase in the wholesale price index (WPI) is mostly supply-related. We do see some ...
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FOREIGN TRADE
Swedish team keen to woo IT, telecom firms
AN enormous potential for co-operation exists for Indian and Swedish ICT industry in IT and telecommunications," said Mr Lars-Olof Lindgren, Director-General for Trade Policy, Ministry of Foreign Affairs, Sweden, who is heading a business mission ...
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`India can open its market, if rich nations cut subsidies'
IF major industrial countries reduce their domestic subsidies, India would reduce the market access barriers for them, said Mr Anwarul Hoda, Member of the Planning Commission and former Deputy Director General of the World Trade Organisation ...
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HEALTH
Legislation soon to address `patient safety' in research
WITH an accent on "patient safety", the Government is set to bring in a legislation to protect the "welfare of a subject" taking part in research of any sort. The Biomedical Research on Human Subjects (Regulation, Control and Safeguards) Bill ...
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Mandatory health cover for unorganised workers soon
FOLLOWING the recommendations of the Task Force on Social Security, the Union Government is contemplating to come out shortly with an Act making it mandatory for the employers in the unorganised sector to provide health insurance cover to the ...
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INFRASTRUCTURE
Haryana buying land for new industrial estates
THE Haryana State Industrial Development Corporation (HSIDC) is in the process of acquiring 6,500 acres of land to set up industrial estates at Bahadurgarh, Manesar Phase-II and III, Barhi Phase-II and special economic zones in Gurgaon, Ambala ...
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PSU
Heavy Industries Ministry told to draft papers on PSUs
THE Cabinet Committee on Economic Affairs (CCEA) on Wednesday asked the Ministry of Heavy Industries to come out with papers on specific proposals in 10 areas, including corporate governance, purchase preferences, research and development and ...
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PETROLEUM
Refineries' stocks float on higher profit margin hopes
WITH international oil prices remaining firm, stock prices of standalone refineries were in the limelight in today's trading. Brokers and analysts said with higher crude prices refining margins will also be higher for these companies. In ...
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Training in boiler operation
POWER
KPFC pays Rs 56.7 lakh to Govt
KERALA Power Finance Corporation (KPFC), jointly promoted by the State Government and the Kerala State Electricity Board (KSEB), has paid a dividend of Rs 56.70 lakh, being 20 per cent of the net profit of the company for 2003-04. A cheque for ...
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Mangulam hydel scheme
THIRUVANANTHAPURAM: The Electricity Minister, Mr Aryadan Muhammed, will on Thursday commission the small hydroelectric project that has come up at Mangulam panchayat in Idukki district. An official spokesman said here that this is the ...
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STEEL
Ministry seeks more time to firm up steel policy
THE Union Steel Ministry has sought more time to finalise the integrated National Steel Policy, the draft of which was earlier expected to be ready by October. It has sought clarifications from the steel industry on a number of points, according ...
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SSI
SSIs invited to trade fairs
THE Small Industries Service Institute (SISI) has invited small scale units in Andhra Pradesh to participate in four upcoming international trade fairs during early 2005 The events are in Birmingham (UK) during February 6-10; Addis Ababa ...
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WATER
Japanese team visits Hussainsagar lake
HYDERABAD: A high-level team from the Japanese Bank for International Co-operation (JBIC) has visited the Hussainsagar and its catchment area on Tuesday. The team comprised Mr Hiroo Ito (Sector Strategies Director-General) and Mr Atsushi ...
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CREDIT POLICY
`A stick-to-the-basics policy'
THE overall stance of RBI's credit policy is to provide appropriate liquidity to meet credit growth and support investment and export demand in the economy while placing equal emphasis on price stability, said Mr Viren Mehta, National Leader, ...
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BREWERIES
High bottle prices hit beer brewers
THE domestic beer industry's woes with glass bottles continue. Despite coming off the peak consumption summer months, the average cost of beer bottles remained at a high of Rs 4.50, mostly due to hoarding by the recycled bottle dealers that has ...
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EDUCATION
SP Jain Institute sets up centre in Dubai
SP Jain is the first among the top 10 Indian business schools to launch an overseas management programme and the main purpose was to showcase the high quality of Indian management education in the West Asian market.
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CARS
Maruti, Toyota models top customer satisfaction survey
MODELS from Maruti and Toyota have topped the 2004 four-wheeler total customer satisfaction study, released today by TNS, ranking highest in six of the 10 vehicle parameters. Among the new models launched since TNS's 2003 study, Ford Endeavour ...
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BEVERAGES
Purity standards for soft drinks by year-end
PURITY standards for soft drinks are to be finalised by a panel of Bureau of Indian Standards (BIS) in a couple of months, said its members after a meeting in Chennai on Wednesday. The Carbonated Beverages Sectional Committee, FAD 14 of BIS, on ...
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HANDLOOM
Handloom exporters' plea on Customs provision
THE members of the Karur-based handloom textile exporters want the Finance Ministry to put on hold the recently amended Customs provision that stipulates mandatory filing of the export general manifest (EGM) of export cargo by shipping lines well ...
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MINERALS
Precious material
Unloading of river sand at a work site in Thrissur. Shortage of sand due to restrictions on mining has pushed up prices in the range of Rs 4,000 to 5,000 per truckload, hindering construction work throughout the State. ...
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SOCIAL WELFARE
Contribution to relief fund
OVERSEAS INVESTMENTS
US fund managers' body to help investors keen on India
INVESTMENT Company Institute, the apex body formed by fund managers in the US, has started working overtime for members who are seeking to increase their allocation to India. ICI, for starters, has supported the recently-introduced norms on ...
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INCOME TAX
`Extend deadline for IT returns'
THE Kanara Chamber of Commerce and Industry (KCCI), Mangalore, has urged the Union Finance Secretary to extend the last date of filing income tax returns to December 31. In a letter to the Union Finance Secretary, the KCCI President, Mr A. ...
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EXPORTS & IMPORTS
CII meeting on export excellence next week
THE Confederation of Indian Industry (CII) is organising a two-day conference on `Export Excellence' here beginning on November 5. "The aim is to build partnership among exporters, business houses, financial institutions, logistics providers ...
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TOURISM
Plan to develop Panambur beach as tourist spot
THERE is potential for the growth of health and information technology (IT) sectors, which are softer on environmental issues, in Dakshina Kannada district, according to the Deputy Commissioner of the district, Mr Aravinda Srivastav. He was ...
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