Financial Daily from THE HINDU group of publications
Saturday, June 04, 2005
Markets (July 26)
BL 2502331.81 (+6.53)
BSE Sensex7552.77 (+47.17)
S&P CNX Nifty2303.15 (+11.40)
US Dollar (Buy/Sell)43.44/43.57
Gold Std (10 gm)6050

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Rainfall index for Mumbai displayed on NCDEX Web site
THE National Commodity & Derivatives Exchange Ltd (NCDEX) has started displaying on its Web site, from June 1, a rainfall index for Mumbai. The index encompasses rainfall at both Colaba and Santa Cruz weather stations (Mumbai) and is structured . More


Cheaper fuel, food prices ease inflation
THE annual wholesale price index-based inflation went up 5.38 per cent in the 12 months to May 21, lower than the previous week's 5.55 per cent. The drop in the year-on-year inflation was largely on account of last year's high base and an overall ... More


Maharashtra plans `carbon' tax
THE Forest Ministry of Maharashtra is considering the introduction of a tax on vehicles and industrial units, based on their carbon emissions. The money collected, thus, would be used for implementing afforestation projects in the State. ... More

Siruthuli moots alternate site for garbage dumping in Coimbatore
SIRUTHULI, a citizen's movement involved in a range of activities such as rainwater harvesting, waste water management and prevention of environmental degradation in and around Coimbatore, has come out with a suggestion for establishing a land ... More

ADB assistance to take up CDM projects
The CDM is a market-based financial instrument that allows industrialised countries to invest in developing country projects and acquire GHG emission reduction credits. More


Thai PM holds talks with industry captains
THE Prime Minister of Thailand, Mr Thaksin Shinawatra, arrived here today on a brief day-long `working' visit for discussions with the Prime Minister, Dr Manmohan Singh, on various bilateral and regional issues and also held talks with select ... More


Gastro unit at SUT Hospital
THIRUVANANTHAPURAM: Sree Uthradom Thirunal (SUT) Hospital has set up an advanced gastroenterology unit, which will be manned by experienced consultants. The unit will provide care for patients requiring diagnostic and therapeutic ... More


Aiyar begins 3-nation tour today — India may sign pact with Iran for gas
THE Minister for Petroleum and Natural Gas, Mr Mani Shankar Aiyar, is leaving for Pakistan on Saturday on the first leg of his 10-day, three-nation tour. While in Pakistan, he will hold preliminary discussions on co-operation in the hydro-carbon ... More

Lankan Govt conscious of dues to IOC: Aiyar
THE Sri Lankan Government is "deeply conscious" of what it owes the Indian Oil Corporation and there is no cause for concern, the Minister for Petroleum and Natural Gas, Mr Mani Shankar Aiyar, said here today. The public sector oil major runs ... More


Maditssia for lower excise duty on drugs
THE Madurai District Tiny And Small Scale Industries Association (Maditssia) has appealed to the Union Minister of Commerce and Industry, Mr E.V.K.S. Elangovan, to consider reduction of excise duty on pharmaceuticals from 16 per cent to 8 per ... More


PTC signs pact with MP electricity board
POWER trading major PTC India Ltd has signed a 25-year agreement with the Madhya Pradesh Electricity Board for sale of power generated by the first phase of the Lanco Amarkantak project located in the northern state of Chattisgarh. The ... More


`US, EU curbs to have a short-lived effect on Chinese textile exports'
THE recent clampdown by the US and the EU on Chinese textile products would not have any significant long-term effects on the industry, according to an Assocham survey. The Chamber has said that while the move would have negative impact on ... More


Australian High Commission's new procedures for visa
THE Australian High Commission has introduced new procedures for Indians applying for migration visa or citizenship by descent in Australia. All applications formerly lodged at the commission can now be submitted with TT Services, the ... More


Counselling scheme for students evokes good response
PRE-COUNSELLING guidance programme for students seeking admission to professional courses in the State, organised by The Hindu Education Plus in Mangalore on Friday, evoked a good response with more than 800 students and parents attending ... More

London Chamber offers global courses in Pune
THE London Chamber of Commerce and Industry International Qualifications (LCCIIQ), the international body for offering business related qualifications, has set up shop in Pune. Maharashtra is the first State in the country where LCCI would be ... More

Fake marks-card racket busted; five arrested
THE Dakshina Kannada District Crime Intelligence Bureau busted a fake marks-card racket here on Thursday and arrested five persons, including three women, in this regard. Addressing newspersons here on Friday, the Superintendent of Police, Mr ... More


Hatchet to come down on indirect tobacco advertising
IT may not be long before the hatchet comes down on promotions such as the Red and White Bravery Awards or Wills Lifestyle advertisements. The Centre has finally struck the nail on the head of indirect or surrogate advertising of tobacco ... More


Random House to start publishing in India
RANDOM House India, a subsidiary of Random House, UK, will start publishing books in India. Earlier, it had a marketing and distribution presence here, but will now begin with publishing in the English language. The company is open to ... More


Mines Ministry against disinvestment of Nalco
THE Finance Ministry's plan to sell 20 per cent Government holding in National Aluminium Company Ltd (Nalco) has again hit a roadblock with the Minister for Mines, Mr Sis Ram Ola, saying that his Ministry is opposed to disinvestment in Nalco as ... More


Meet on international trade fair at New Delhi from Nov 14-27
COIMBATORE: The India Trade Promotion Organisation (ITPO) is organising India International Trade Fair (IITF) at New Delhi from November 14 to 27. The Coimbatore District Small Industries Association (Codissia), along with ITPO, is ... More


Campco wins order to export arecanut to Pak
THE Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd has secured arecanut export orders from Agar International of Pakistan, according to its President, Mr L.N. Kudoor. Mr Kudoor and the Campco Director, Mr Nagaraj ... More


India low risk destination for US cos: Study
US companies have taken a long-term view of the market conditions in India, which has allowed them to focus on investing in infrastructure, establishing market presence and leveraging advantages in segments such as R&D, intellectual capital, ... More

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Top Stories
NBFCs allowed to borrow overseas

Fiat India looks to steer back with renewed efforts

NEC forms joint venture with HCL Tech to develop tools

Mines Ministry against disinvestment of Nalco

Hatchet to come down on indirect tobacco advertising

Campco wins order to export arecanut to Pak

In Focus

BHEL Disinvestment
China's revaluation
Dabhol power regenerated
Tracking the rains
Sethusamudram Canal Project
India Inc's overseas acquisition

In Depth

Gender Justice
Simple Economics
Tax Talk

Looking back
May. 22-May. 28
India third highest initiator of dumping probes: WTO

Govt okays 26 pc FDI in Jagran daily

Raw sugar imports: Industry worried over policy changes

India plans supersonic jet trainer facility

Auto exports grow 36 pc in 2004-05

Research body develops GM rubber — Variety tolerant to drought, environment stress

Monsoon expected to hit Andamans today

`Political will, sincerity could help overcome disputes'
Musharraf tells Indian business delegation

Consumption groups and demand for durables

Traditional items propel export growth during 2004-05

Infrastructure growth falls to 3.6 pc in April

No consensus at BIS panel meet on pesticide residue in soft drinks

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