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Thursday, November 04, 2004

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INDUSTRY & ECONOMY

EMPLOYMENT
Bill on job guarantee likely in winter session
THE UPA Government, in keeping with its National Common Minimum Programme (NCMP), is likely to introduce a Bill in Parliament for enacting the Employment Guarantee Act (EGA) during the forthcoming winter session. The EGA will provide a legal ... More

`Job reservation will not be imposed on pvt sector'
THE Prime Minister, Dr Manmohan Singh, has reportedly told businessmen that his Government will not "impose" job reservations on the private sector. "The Prime Minister re-assured that reservation policy in the private sector would not be ... More

ANTI-DUMPING
Dumping probe on sodium cyanide initiated
THE Designated Authority in the Commerce Ministry has initiated anti-dumping investigations on imported sodium cyanide from Chinese Taipei. Sodium cyanide is a pure basic inorganic chemical manufactured by reacting hydro cyanic acid (HCN) with ... More

ECONOMY
I&B Ministry to showcase progress of CMP
THIS could be the case of common maximum publicity to the Common Minimum Programme (CMP). The United Progressive Alliance (UPA) wants to showcase its developmental work and the Information and Broadcasting (I&B) Ministry has decided that all ... More

EXCISE AND CUSTOMS
Central Excise customers' education programme in Mangalore
MANGALORE: The Office of the Commissioner of Central Excise will hold a customer/assessee education programme in Mangalore on November 4, says a press release by the Kanara Chamber of Commerce and Industry (KCCI). The release said that ... More

FOREIGN TRADE
Nigerian President woos Indian investment
THE President of Nigeria, Mr Olusegun Obasanjo, said that his Government is redefining the role of the governance in Nigeria and invited Indian investment on a larger scale in several sectors where the business is booming. Addressing a meeting ... More

India-Turkey trade to touch $1 b this year
NEW DELHI: India-Turkey bilateral trade is expected to touch the target of $1 billion in 2004 and $2 billion by 2009, if the current growth rate is maintained. Mr E.V.K.S. Elangovan, Minister of State for Commerce & Industry, said this ... More

HEALTH
Wockhardt Hospitals releases patients' rights document
WOCKHARDT Hospitals on Wednesday launched a patient rights initiative across its chain of hospitals. The eight-point document released here by the Karnataka Lok Ayukta, Mr Justice N. Venkatachala, lists the rights of patients at the group ... More

Paswan against drug price control provided consumers not hurt
EVEN as the Government attempts to rein in the prices of generic medicines, the Union Minister for Chemicals and Fertilisers, Mr Ram Vilas Paswan, said on Wednesday that he was not for price control on drugs, as long as the prices did not hurt ... More

Meet on magnetic resonance in Hyderabad
HYDERABAD: The city will host the 21st international conference on `Magnetic resonance in biological systems' in January.. The six-day meet, beginning January 16, will evaluate the rapid progress made in basic research in magnetic ... More

INFRASTRUCTURE
Keral Govt begins land acquisition for fast-track infrastructure projects
THE State Government has initiated the process of land acquisition for implementing the infrastructure projects that have been identified for speedy implementation. The Government, it may be recalled, had put in place a fast-track mechanism ... More

PSU
Cabinet approves formation of board for PSEs' revamp
THE Government today approved the constitution of a Board for Reconstruction of Public Sector Enterprises (PSEs), which will advise on ways and means to revive such sick units. Speaking to newspersons after a meeting of the Cabinet Committee on ... More

PHARMACEUTICALS
Cabinet rejects death penalty for spurious drug makers
THE Cabinet on Wednesday shot down the proposal mooted by the Health Ministry seeking imposition of death penalty on manufacturers of spurious drugs. The proposal was initially mooted as part of the amendments to the Drugs and Cosmetics Act ... More

Drug affordability tops WHO panel's agenda
THE troika of "innovative developing countries" - India, Brazil and China are set to receive a delegation from the World Health Organisation's (WHO) Commission on Intellectual Property Rights (IPR), innovation and public health. Scheduled ... More

Competition will control drug prices: IDMA
THE Indian Drug Manufacturers' Association (IDMA) has urged the Government to let competition in the market control drug prices. This plea from the industry comes even as the Government attempts to resolve the problem of high medicine costs. ... More

POWER
Massive investments needed to augment power capacity in Maharashtra
MAHARASHTRA will need investments close to Rs 50,000 crore for setting up the 8,000 MW additional generation capacity by 2009-10 to meet its power requirements, Mr R.V. Shahi, Union Secretary, Ministry of Power, said here on Wednesday. Mr ... More

CCEA revises cost of Tehri project phase-I
THE Cabinet Committee on Economic Affairs (CCEA) on Wednesday revised the construction cost of the 1,000-mega watt (MW) first phase of the Tehri Hydro-Electric Project to Rs 6,621.31 crore. The revised amount includes the cost of essential works ... More

TAXATION
Economists urge debate on VAT issues
RAISING the issue of whether the States will actually benefit or not, when the existing sales tax structure will be replaced by value added tax from April 1, 2004, and also whether this would mean depriving the States of powers of levy of sales ... More

TEXTILES
TN textile industry gets lion's share in TUFS
TAMIL Nadu-based textile industries have gained most out of the Centrally-sponsored Technology Upgradation Fund Scheme (TUFS). The State's textile enterprises (number of applicants being 677) have lapped up Rs 1,480 crore or 26 per cent of the ... More

SSI
`Legislation for SSI soon'
THE Government is to shortly come up with a comprehensive legislation for the small-scale sector. Addressing the fifth Editors conference on social sectors issues, the Secretary, Ministry of Small Scale and Agro and Rural Industry, Mr Anupam ... More

Plea to AP SSI units
HYDERABAD: The Andhra Pradesh Incipient Sick SSI Federation has urged its members and entrepreneurs not to go in for the one-time settlement (OTS) announced by the Andhra Pradesh State Finance Corporation (APSFC), in view of the Major ... More

WATER
Finalise changes in WALT Act, YSR tells officials
THE Chief Minister, Dr Y. S. Rajasekhara Reddy, has asked the officials to finalise the draft amendments to Water, Land and Tree (WALT) Act quickly. He also wanted the officials to give more teeth to the Act so as to arrest exploitation of the ... More

EDUCATION
Ingersoll Rand offers PG course on road technology
INGERSOLL Rand (India), in association with Visvesvaraya Technological Institute (VTU), has started post-graduate course on road technology for civil engineering students. The teaching and training programme of the course will be conducted by ... More

German grant for Hyderabad varsity
HYDERABAD: The German Research Foundation has announced a grant of euro 5,000 towards books for the library of the University of Hyderabad here. The President of the foundation, Prof. Ernst Ludwig Winnacker, presented a cheque to the ... More

College infrastructure seminar in Mangalore
MANGALORE: Systems adopted by any organisation should be suitable to meet its requirements in future, according to Mr Sriram S.R., Human Resources Manager, Infosys, Mangalore. He was inaugurating a workshop on "Building learning ... More

REAL ESTATE & CONSTRUCTION
Study predicts upward rise in real estate prices
THE real estate prices in the country are expected to witness a stable, upward trend over the next three years and are unlikely to experience the "exorbitantly high levels of price rise" as seen during the past two years, according to a study ... More

SCIENCE & TECHNOLOGY
BrahMos anti-ship missile tested
THE Naval version of the supersonic cruiser missile BrahMos was successfully tested for the eighth time in a row by Indian defence scientists from the Interim Test Range (ITR), Balasore today. The anti-ship version of BrahMos missile launched ... More

EVENTS

  • Nasscom marketing drive

    EXPORTS & IMPORTS
    Rubber exports may decline
    NATURAL rubber exports may fall by 30 per cent this fiscal to around 50,000 tonnes, bringing to halt the growth in exports of the commodity during the last two years. During the April-September period of this fiscal, rubber exports plummeted ... More




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  • Top Stories
    Govt hikes wheat MSP by Rs 10 per quintal


    Making gold glitter in households

    Cabinet rejects death penalty for spurious drug makers

    Asia-Pacific mobile alliance

    Study predicts upward rise in real estate prices

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    Looking back
    Oct. 24-Oct. 30
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    More new channels lead to distribution problems

    India rules out trade-offs in WTO talks

    Infrastructure grows 5.9 pc in September

    Scotch pours in; but no cheers for global brands

    Anthurium — a flower with potential in domestic, global markets

    Tap forex reserves for infrastructure development, says Montek

    New broadcasting platforms will pose challenge to research outfits


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