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Monday, July 11, 2005

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INDUSTRY & ECONOMY

CLIMATE & WEATHER


Fresh rains in northwest; `break monsoon' likely
AN approaching western disturbance and a prevailing monsoon system are seen partnering in an encore performance, bringing a fresh spell of rain to the northwest region from Tuesday onwards. But meteorologists are keeping a close watch if the ... More

`Rainfall copious' in AP
HYDERABAD: After two days of incessant rains, farmers in the whole of Andhra Pradesh, barring a few districts, heaved a sigh of relief. "It is a clear indication that things are brightening in Telangana and coastal areas. The rainfall ... More

FOREIGN TRADE


Trade with G8 countries up 17 pc
INDIA'S trade with G8 countries in 2004-05 increased by 17 per cent in dollar terms to reach the $48 billion mark, finds an analysis done by PHD Chamber of Commerce and Industry (PHDCCI). The trade between India and G8 countries constitutes 25 ... More

HEALTH


Radial lounge procedure gaining popularity among heart patients
ALMOST 12 years after the "radial lounge procedure" was first done in Amsterdam, the heart-related procedure is gaining popularity in India due to the convenience it offers patients. "It took a while for doctors to get comfortable doing the ... More

Rural health project inaugurated at Madurai
MADURAI: A public-private model partnership project— `DISHA (Distance Healthcare Advancement)' — to deliver healthcare services to rural communities was inaugurated in the city recently. A business plan conceived by Phillips ... More

INFRASTRUCTURE


CII urges greater investment in infrastructure
The CII wants at least seven per cent of the GDP to go into gross capital formation in infrastructure. This means investments of about Rs 200,000 crore a year. The private sector can bring in about 20-30 per cent and the rest has to come from ... More

PETROLEUM


Indian Oiltanking plans terminal facility in South
INDIAN Oiltanking Ltd (IOTL), a 50:50 joint venture between Indian Oil and Oiltanking GmbH of Germany, is setting up a Rs 600-crore terminal facility for crude oil and refined petroleum products in South India. The project will support the ... More

POWER


PPA signed with NPCL for Padubidri power plant: Gowda
THE former Prime Minister, Mr H.D. Deve Gowda, has said that the Karnataka Government has signed a power purchase agreement (PPA) with the Nagarjuna Power Corporation Ltd (NPCL), for purchasing power from its proposed coal-based thermal power ... More

Haryana signs MoU with REC
A TRIPARTITE agreement to implement the Rajiv Gandhi Grameen Vidytikaran Yojana for providing electricity to all rural households in Haryana was signed between the State Government, Rural Electrification Corporation and the State's power ... More

Power Ministry moots transparent tariff policy
IN a bid to attract private investment in the areas of power distribution, transmission and generation, the Union Ministry of Power has decided to introduce a transparent national tariff policy indicating the likely cost of power in each ... More

SSI


Training programme by SISI
HYDERABAD: Small Industries Services Institute (SISI) will organise a month-long training programme on `Chemical and instrumental analysis' beginning July 18. The course covers various testing procedures involved in bulk drug and ... More

EDUCATION


Wigan & Leigh to launch courses for corporate houses
WIGAN & Leigh College India, an arm of the UK-based Wigan & Leigh College, will soon be launching a management programme for the domestic corporate houses. According Mr Trevor Ashton, Head of International Operations, Wigan & Leigh Colleg More

FOODS & FOOD PROCESSING


Work on Nilakottai food park to begin soon
WORK on establishing the State Government-sponsored food park in Nilakottai in Dindigul district is likely to commence in a couple of months. The proposed venture, the first of its kind by the State government, is to be set up at an estimated ... More

REAL ESTATE & CONSTRUCTION


HDFC bets on higher disbursals in TN
THE real estate boom witnessed by Coimbatore looks sustainable with the city expected to benefit from the entry of software companies. HDFC, which recorded a 34 per cent growth in its business here last year, expects to continue the momentum ... More

NAC: Concrete counsel for construction sector
`We are working on specialised training courses in emerging areas such as highway management and realty.' More

MINERALS


Ministry studying plan for uniform pricing of iron ore
THE Ministry of Steel is examining the possibility of having a uniform price of iron ore for export and the domestic market. The National Mineral Development Corporation (NMDC) exports iron ore under long-term commitments at a lower price ... More

DISINVESTMENT


Left leaders meet Sonia on BHEL; hopeful of ending deadlock soon
A POSSIBLE way out seems to be emerging to end the deadlock between the Left parties and the Government on the contentious issue of BHEL disinvestment. The Left party leaders on Sunday met the UPA Chairperson, Ms Sonia Gandhi, seeking her ... More

FOREIGN DIRECT INVESTMENT


Ras Al Khaimah to invest in food processing, garment making in AP
RAS AL KHAIMAH, one of the seven Emirates in the Gulf, has agreed to invest in Andhra Pradesh in the fields of food processing and garment manufacturing. Mr Shaik Sauda bin Saqur Ul Qassimi, Crown Prince of the Ras Al Khaimah, gave this ... More

WTO


Kamal Nath to attend WTO mini ministerial in China
THE Commerce and Industry Minister, Mr Kamal Nath, will take part in the two-day mini-ministerial in China at Dalian on July 12, where trade ministers from 30 member countries of the World Trade Organisation (WTO) are likely to participate. The ... More

EVENTS


  • Agenda for the week

    EXPORTS & IMPORTS


    Lankan pepper imports taking toll on local trade
    PEPPER prices continued to slide on flooding of the domestic market with imports from Sri Lanka under the FTA in recent months. Imports during January-May 2005 stood at 7,526 tonne as against 5,654.18 tonne in the same period last year, ... More


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    IOC, IBP boards to decide on swap ratio for proposed merger

    Amul targets Rs 150-crore export turnover

    `Size, risk management vital for banks in future'

    Lankan pepper imports taking toll on local trade

    JNPT: Contained in controversy

    No active following for passively managed funds

    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
    Jul. 3-Jul. 9
    India, US to explore tie-ups in earth observation, space communication

    June rainfall deficit estimated at 15 pc

    Fitness equipment sector in fighting fit shape

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

    Table Employment Guarantee Bill in monsoon session: Left

    South Gujarat in troubled waters

    International design award for desi slippers

    Per capita cereal consumption drops 20 pc

    Assocham moots measures to boost ad outsourcing in India

    Hardware exports touch Rs 8,000 cr in 2004-05: ESC

    NHAI awards Rs 580-cr project to Gammon consortium

    India's '03 trade GDP ratio at 30 pc: WTO

    Cement majors post 10 pc rise in June shipments

    India, Myanmar may bypass Bangladesh for gas pipeline — Other options to be explored

    China tunes in to Philips' tele-medicine project

    Marathwada, Telangana regions to witness rainfall over the weekend

    34 pc above normal rainfall in one week

    Gems & jewellery exports seen growing 15% this fiscal

    Dabhol issue: Bechtel team heads to London for talks with Indian lenders


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