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Monday, February 21, 2005

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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Cold comfort
An early morning jogger spotted in the outskirts of Thiruvananthapuram. Though the mercury has climbed appreciably in recent times in the State, days are markedly short with sunrises being recorded with a lag beyond the normal. The early morning ... More

NRIS


SBT in pact with Kuwait exchange
STATE Bank of Travancore (SBT) has entered into a rupee drawing arrangement with UAE Exchange Centre in Kuwait. Under the arrangement, non-resident Indians in Kuwait can make remittances to more than 300 designated branches of SBT in India ... More

ACCOUNTING STANDARDS


ICAI withdraws 4 Guidance Notes
THE Central Council of the Institute of Chartered Accountants of India (ICAI) has withdrawn four Guidance Notes issued in the past by the institute. Guidance Notes are issued by the ICAI to assist members in their attest functions. They ... More

NON-CONVENTIONAL ENERGY


TMB sanction for windmills
MADURAI: The Tamilnadu Mercantile Bank is promoting the setting up of windmill units to augment the sources of energy for generation of electricity. According to the TMB General Manager (Operations), Mr P.R.Varadharajan, the bank has so ... More

ECONOMY


Manufacturing, services cos post 10 pc growth in Apr-Dec
Sales in the services sector too rose by 36.8 per cent in the first three quarters of 2004-05. More

`Electronic, chemical sectors hold promise for developing nations'
ELECTRONICS, chemicals and textiles are the most dynamic sectors in world trade and hold significant promise for developing countries, the latest Unctad (United Nations Conference on Trade and Development) report states. The report ranks the most ... More

EXCISE AND CUSTOMS


FICCI seeks excise duty cut on five items
INDIA Inc has listed out five items in its Budget-eve agenda for excise duty cut to boost demand generation and investments in the economy. Steel, cement, petroleum products, automobiles, and auto components are the five items that top the list ... More

FOREIGN TRADE


Bengal signs trade agreement with Chinese province
THE Indian Chamber of Commerce has signed an agreement with Yunnan Provincial Chamber of Commerce to facilitate joint ventures and enhance trade ties between West Bengal and the Chinese province. The two signatories on this agreement are Mr ... More

Kamal Nath to inaugurate first Indo-Pak JSG meet
THE Union Minister of Commerce & Industry, Mr Kamal Nath, will inaugurate the first meeting of the joint study group (JSG) on economic co-operation between India and Pakistan on Tuesday. The two-day meeting will be held between the Commerce ... More

Apitco delegation for Taiwan
HYDERABAD: An Apitco business delegation of Indian SMEs will visit Taiwan during March 14-21 to promote joint business collaborations between Indian SMEs and their Taiwanese counterparts. The Ministry of Small Scale Industries is ... More

HEALTH


Trust looks to prevent kidney ailments — Calls on Govt, NGOs to target groups
THE Kidney Help Trust, which has been running a programme to prevent chronic renal failure by regular screening in a specific area, is hoping that the government or small groups or non-governmental organisations will take up similar programmes to ... More

`Need public-private participation on AIDS awareness'
THE Maharashtra Governor, Mr S.M. Krishna, has stressed the need for public-private participation in creating awareness about HIV/AIDS. Inaugurating the State-level `HIV/AIDS and drug abuse awareness conference for student nurses and faculty', ... More

PHARMACEUTICALS


Going gets tough for pharma cos in Jan-March quarter
APRIL will be a particularly cruel month for pharma companies, as it will reflect the strain that companies have had to bear over the three-month period ending March 2005. In January came the Centre's directive to levy excise duty on the ... More

STEEL


Steel wire makers seek classification in customs tariff
STEEL Wire Manufacturers Association of India (SWMAI), the apex national body of steel wire and wire rope industry, has urged the Centre to classify separately steel wire rods and steel wires in the Customs tariff schedule. Citing technological ... More

Mahindra Intertrade sets up steel service centre in Sharjah
AS part of the initiative to expand Mahindra group's presence globally, Mahindra Intertrade Ltd (MIL), a predominantly steel trading company of the Mahindra Group, has set up a steel service centre — Mahindra Middle East Electrical Steel ... More

TAXATION


Stir against VAT
Members of the Sadar Bazaar Vyapar Sangh demonstrating against VAT in the Capital on Sunday.

More

SSI


Permanent forum for SAARC small sector in Kolkata
THE three-day conference of small industries of SAARC countries ended with a decision to form a permanent forum for exclusively serving their interests. The proposed forum will have its headquarters and secretariat here. This was the first ... More

EDUCATION


KGISL taps online scoring services market
THE city-based KG Information Systems Pvt Ltd's (KGISL) foray into online education space is expected to provide great opportunity for those with a good command of the English language. "This (online education) initiative is neither for the ... More

Kerala: `Foreign varsities welcome'
THIRUVANANTHAPURAM: The State Government is of the view that there is no harm in allowing foreign universities in, subject to checks and balances. The Education Minister, Mr E.T. Mohammed Basheer, conveyed the Government's position to a ... More

Call for affordable education
HYDERABAD: The Union Minister for Information and Broadcasting, Mr S. Jaipal Reddy, today called for quality education at affordable prices for the common man. "While education is becoming increasingly internationalised, it is also ... More

MEDICAL INSTITUTIONS & HOSPITALS


Training centre for nurses
HYDERABAD: UCH Heritage Healthcare has announced the launch of UCH Heritage Learning Centre, a training centre for nurses. The CEO of United Church Homes, Mr Brian Allen, in a statement said that Indian nurses are well-trained and ... More

LEATHER


Kolkata leather complex likely to open in March
AFTER prolonged delays, the Rs 350-crore Calcutta Leather Complex is finally going to be operational in March. For a change, the tanners, who had created a number of obstacles in the past in the way of their relocation to the complex from ... More

BIO-TECH & GENETICS


Biotech sector to be single largest job churner: Expert
BIOTECH industry may become the single largest sector for employment of skilled human resource in the years to come, according to Dr Manju Sharma, former director, Department of Biotechnology, Government of India. Giving a presentation at ... More

SCIENCE & TECHNOLOGY


ISRO chief to get Nayudamma award
THE Chairman of the Indian Space Research Organisation (ISRO), Mr G. Madhavan Nair, has been selected for the prestigious Dr Y. Nayudamma Memorial Award for 2004. The award, instituted by the Tenali-based Dr Y. Nayudamma Memorial Trust, will ... More

MINING & QUARRYING


Survey reveals gold deposits worth Rs 600 cr in Nilambur
GOLD prospecting in the Nilambur belt in Malappuram district by the Geological Survey of India (GSI) and the Department of Mining and Geology, Kerala, has revealed presence of deposits estimated to be worth Rs 600 crore at current gold prices. ... More

`No compromising environs'
THIRUVANANTHAPURAM: The Minister for Industries, Mr V.K. Ebrahim Kunju, has said that investment initiatives in the mining sector in the State will be allowed only after taking into consideration their impact on the environment. ... More

TRADE & LABOUR UNIONS


CCTL workers' strike threat — Shippers worried about cargo pile-up
THE employees of Chennai Container Terminal Limited (CCTL) have threatened to go on strike from February 27 alleging that the management is adopting "unfair labour practice." This has brought into focus the issue of ... More

EVENTS


Entrepreneurship meet from Feb 26 at Gajularamaram in Ranga Reddy dist
HYDERABAD: The Centre for Entrepreneurship Development (CED) is organising an entrepreneurship development programme for youth and women from February 26 to March 23 at the CED campus, Gajularamaram in Ranga Reddy district. The ... More

  • Agenda for the week

    NATURAL CALAMITIES


    Charity dinner for tsunami relief
    HYDERABAD: The Culinary Association of Andhra Pradesh (CAAP) is hosting a charity dinner - Chefs Unlimited - on February 26 to raise funds and support the cause of tsunami victims. In a statement, Mr O.P. Kantwal, President of ... More


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    Top Stories
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    In Depth

    Gender Justice
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    Looking back
    Feb. 13-Feb. 19
    Import of sensitive items down in April-Nov 2004

    `Resilience of Andaman people amazing'

    Insulin prices have bottomed out, says Wockhardt chief

    Power tariff policy to be placed before Cabinet next month: Sayeed

    Hyderabad STPI exports top $1 b

    Business confidence on the rise: FICCI

    Kamal Nath seeks more Italian FDI

    Aiyar moots Asian gas grid

    Car sales rise 8% in Jan

    `Govt considering FDI in construction sector'

    Kyoto Protocol comes into force — Investments to flow in for energy efficient projects

    To meet target of 110 mt by 2020 — Steel sector mulls raising Rs 8,000 crore annually

    Auto ind looking for measures in Budget to maintain GDP growth

    Corporate battle for sugarcane intensifies

    `Tsunami destroyed 70% of Nicobar's infrastructure' — Mr Mohamed H. Jadwet, President, Andamans Chamber of Commerce and Industry

    Prasar Bharati plans to seek funding from World Bank

    Govt urged to encourage import of raw sugar

    Paper mills plan price hike

    Ministry to relax rules for movement of psychotropic drugs


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