INDUSTRY & ECONOMY
ACCIDENTS
Fire at commercial complex in Mumbai
FIRE in the early hours of Friday morning at the Centre Point building, located in Central Mumbai, destroyed a few offices including the administrative office of Nicholas Piramal Ltd. No casualties were reported, though there has been damage to ...
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ECONOMY
Inflation unchanged despite higher fuel prices
THE annual wholesale price index-based inflation rate remained unchanged at 7.1 per cent for the week ended October 16, despite a rise in fuel prices. The year-on-year inflation rate stayed constant during the latest reported week, after ...
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FOREIGN TRADE
Proposals invited for scheme to replace DEPB
THE Government has taken the first step towards finding an appropriate replacement for the duty entitlement passbook (DEPB) scheme, which currently serves 52 per cent of the country's exports value-wise. The merchandise exports in rupee terms for ...
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`Bilateral trade with Singapore will cross $10 b'
SINGAPORE has said that its bilateral trade volumes with India are just a "tip of the iceberg." "India is Singapore's 13th largest trading partner. In the first half of this year, the bilateral trade volumes grew by 54.3 per cent. It is set to ...
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HEALTH
Serum Institute launches indigenous rabies vaccine
SERUM Institute of India Ltd has launched the first locally developed Human Diploid Cell (HDC) rabies vaccine "Rabivax". The new product assumes significance, given that India carries about 40 per cent of the global load of rabies cases. The ...
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INFRASTRUCTURE
Tap forex reserves for infrastructure development, says Montek
THE Planning Commission was working on ways in which methods of financing public investment or public-private partnerships in infrastructure could be evolved, relying on the use of forex reserves to make the expansion of demand non-inflationary. ...
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POWER
Centre hopeful of meeting power capacity addition target
THE Centre is confident of adding slightly more than 40,000 MW during the Tenth Plan, which will be close to the target of 41,000 MW for the Plan period. This is something of a record for the country's capacity addition programme, according to ...
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RADIO/TV
New broadcasting platforms will pose challenge to research outfits
WHILE the introduction of broadband, direct-to-home (DTH) and mobile television in addition to the existing cable system heralds exciting times for the Indian consumer, it's a challenging time for market research agencies such as TAM Media ...
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EDUCATION
MMA moving into new premises
THE Madras Management Association (MMA) will soon be operating out of its new premises at Thoraipakkam on the Old Mahabalipuram Road, Chennai's IT corridor. Mr D.P. Padmanabhan, Senior Vice President, MMA and Managing Director, Eurocon Tiles ...
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SBI students' loan package
HYDERABAD: State Bank of India has announced a special education loan package to the students of Indian School of Business here with a maximum loan amount of Rs 14.5 lakh without any collateral security at a concessional fixed interest ...
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REAL ESTATE & CONSTRUCTION
Supply situation of office space may ease soon
LEASING volumes of office space had kept pace with the demand for the first six months of the current fiscal. The new space commitments were predominantly by the IT and ITES sectors, led by built-to-suit developments. Ready supply of new ...
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INDUSTRY ASSOCIATIONS
Fapcci CEO Club
HANDLOOM
Hantex plans new range of garments
IN an attempt to benefit from the revival of interest in handloom fabric, the Kerala State Handloom Weavers' Co-operative Society Ltd (Hantex) is preparing to launch a range of new handloom garments in the State. On the cards are a collection ...
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EVENTS
Indo-German Sci-Tech Forum on Nov 1
HYDERABAD: The Indo-German Sci-Tech Forum 2004 will meet at the University of Hyderabad, here during November 1 and 2, to explore ways of strengthening linkages for mobility of scientists and forge cooperative research projects between the ...
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Blood donation campaign
In Thiruvananthapuram today
INCOME TAX
I-T grievances redressal
EXPORTS & IMPORTS
Cashew exports increase 50 pc — Raw nut imports rise
EXPORT of cashew kernels during the first half of the current fiscal has increased by Rs 411.04 crore in value, while imports of rawnuts during the period have gone up substantially, raising the forex outgo by Rs 441.23 crore. During ...
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Worn clothing placed under restricted list
NEW DELHI: The Centre has placed imports of "worn clothing and worn articles" under the restricted list. This would imply that imports of such items could, henceforth, be undertaken only after obtaining a licence from the Government ...
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TOURISM
Tourist flow from Tiruchi to Singapore up
TOURIST flow from Tiruchi to Singapore has grown by 12 per cent in the first eight months of this year and by 4 per cent in the last five years. If this trend is maintained, a record could be set in terms of the number of passengers travelling ...
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