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Sunday, July 03, 2005

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INDUSTRY & ECONOMY

EMPLOYMENT


Table Employment Guarantee Bill in monsoon session: Left
THE Left parties that are providing outside support to the United Progressive Alliance (UPA) Government have demanded that the Employment Guarantee Bill be tabled in the coming monsoon session of the Parliament. Addressing a function to mark ... More

CLIMATE & WEATHER


June rainfall deficit estimated at 15 pc
EXTENSIVE rainfall recorded in the central parts of the country during the last week of the month has helped bring down the June rainfall deficit to 15 per cent. The formation of the seasonal depression and organisation of the monsoon trough ... More

AUTOMOBILES


Automobile testing facility near Chennai
This will be a major project that will attract huge investment both directly and indirectly, according to the Prime Minister, Dr Manmohan Singh. This project will give a boost to the State's already developed automotive sector. "Let Tamil Nadu ... More

ECONOMY


Gujarat industry badly hit — Total damage put at Rs 10,000 cr
TORRENTIAL rains in the last four days have left behind a trail of destruction in large parts of Gujarat with at least 123 deaths and an estimated damage of Rs 10,000 crore to the State's industry. The positive news, however, is that water ... More

PETROLEUM


India-Turkey joint working group for hydrocarbon sector
INDIA and Turkey have decided to set up a joint working group for the hydrocarbon sector. This will be set up within the framework of the joint commission constituted by the two countries. Announcing this, the Petroleum Minister, Mr Mani ... More

POWER


GE reaches settlement on Dabhol disputes
GENERAL Electric (GE) on Thursday announced that it has reached a "comprehensive settlement" of its Dabhol-related disputes with the Centre, the Maharashtra Government and the Indian lenders to the Dabhol Power Company (DPC). The settlement ... More

To bridge demand-supply gap — Power sector told to optimise coal use by cutting T&D losses
AS part of the strategy to bridge the demand-supply gap of coal, the Committee of Secretaries has advised the power sector to optimise coal consumption by reducing transmission and distribution (T&D) losses, which stand at around 33 per cent of . More

TWO/THREE WHEELERS


The new Glam siGn from Hero Honda
THE 125cc-engined premium commuter segment bike market is only a step away from the entry-level 100cc segment, and yet seems facing a peculiar situation. Comparable volumes continue to elude this segment, which is ... More

REAL ESTATE & CONSTRUCTION


Banks asked to adopt policy for risk exposure to real estate sector
In order to sensitise banks about the risks arising out of exposure to the real estate sector, the Reserve Bank of India has asked banks to put in place a risk management system for managing their real estate portfolios. In a press release, RBI ... More

INDUSTRY ASSOCIATIONS


`Leadership needed at multiple levels'
THE Wipro Chairman, Mr Azim Premji, has called upon the country's leadership to transform India into a developed nation and to take its growth rate past those of advanced countries. Delivering a keynote address at a CII conference in Bangalore ... More

SCIENCE & TECHNOLOGY


India, US to explore tie-ups in earth observation, space communication
THE first meeting of the India-US Joint Working Group on Civil Space Co-operation has decided to explore possible tie-ups in earth observation, satellite communication and navigation, among other areas. The group expressed interest in ... More

HEALTHCARE PRODUCTS


Fitness equipment sector in fighting fit shape
THE fitness equipment industry in the country is having a boom time with its market size reaching Rs 1,000 crore and the industry clocking an annual growth of 50 per cent. It is not only the desire by individuals to keep fit but the emerging ... More

DISINVESTMENT


No `compromise formula' yet on BHEL disinvestment
THE proposed disinvestment of 10 per cent equity in public sector Bharat Heavy Electricals Ltd (BHEL) is unlikely to take place in the near future, unless the Government takes on the political risk of glossing over the objections of the Left ... More

INCOME TAX


Superannuation: Insurers seek changes in FBT
THE insurance industry will not let go of the much-debated issue of fringe benefit tax (FBT) without a fight. Spearheaded by the Life Insurance Council and the Life Insurance Corporation of India (LIC), the movement to have FBT on group ... More

EXPORTS & IMPORTS


Ministries to hold talks on DEPB replacement scheme
THE Finance Ministry and the Commerce Ministry are to hold another round of talks on July 6 as part of their efforts towards giving a shape to the new duty neutralisation scheme that would replace the duty entitlement passbook (DEPB) scheme. ... More


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Top Stories
Banks asked to adopt policy for risk exposure to real estate sector


June rainfall deficit estimated at 15 pc

India, US to explore tie-ups in earth observation, space communication

Table Employment Guarantee Bill in monsoon session: Left

Fitness equipment sector in fighting fit shape

In Focus

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

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Jun. 26-Jul. 2
Asian `biotech hotbeds' must develop USP: E&Y report

Keen interest in bio-based materials

Shortfall in April fertiliser production

Paper prices set to rise soon

Moon mission to carry 3 European instruments

Allow 100% foreign ownership in satellite radio broadcasting: TRAI

Maharashtra FDA questions claims of nutraceuticals

Infrastructure growth slips to 5.6 pc in May

Vigorous monsoon spell in North India

Some States unhappy with TFC's suggestion on market borrowing

Govt asks IOC to seek second opinion on IBP merger swap ratio

ONGC to net Rs 1,400 cr thanks to hike in gas prices

Jewellery market estimated at over Rs 58,000 cr: Survey

NDC `endorses' 10th Plan Mid-Term Appraisal

Monsoon turns rampaging current in north, west

India, Singapore trade to touch $50 b by 2010: Assocham

Current account surplus in Q4 — Trade deficit for the year at record $38 b

Industry welcomes new FM radio policy

`Singapore pact is a step towards India-Asean FTA'

Govt working on special credit plan for SMEs


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