Financial Daily from THE HINDU group of publications
Wednesday, August 10, 2005
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Financial Daily from THE HINDU group of publications Wednesday, August 10, 2005 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER Rains rescue kharif oilseeds from gloom WIDESPREAD monsoon rains last month have helped kharif oilseeds recover from the gloom it faced some weeks ago. "The torrential rains which flooded Mumbai have actually helped oilseeds, especially groundnut. The rains should help improve the ... More
NRIS BBC begins study on `global Indians' "This is the first time that we are undertaking such a comprehensive survey. In other markets, we have done so in parts." More AWARDS & HONOURS FOREIGN TRADE India-Pakistan to explore cooperation in mutually beneficial areas `Islamabad had consistently been exploring the ways to increase its trade with India, as this would be beneficial for the people of both the countries.' More INFRASTRUCTURE Unlocking forex reserves to fund infrastructure A model that involves the participation of intermediaries such as the World Bank/IMF, the International Finance Corporation, or the Asian Development Bank, could be the key to convincing the Reserve Bank of India to use forex reserves to fund infrast ructure projects. More
Coindia gets into kickstarting cluster project — Identifying equipment supplier for sand reclamation plant PETROLEUM International oil price situation `worrisome', says Aiyar `But India has enough supplies to manage demand' THE Petroleum Minister, Mr Mani Shankar Aiyar, said on Tuesday that though crude prices touching $64 a barrel was a worrisome situation, India had enough resources to manage its requirements. "I am worried, but not too worried," Mr Aiyar said, ... More
Petro purchases: Oil marketing cos may seek more rebates
Tata backs move to sell HPL stake to IOC POWER 
Dabhol project can be restarted within a year, says NTPC chiefTHE now defunct Dabhol power project could be revived within a year of its assets transfer to Ratnagiri Gas and Power Pvt Ltd, a joint venture incorporated last month between National Thermal Power Corporation and GAIL (India). The revival ... More
Teaching SEBs how to improve their efficiency
NTPC capital outlay fixed at Rs 8,550 crore STEEL Rise in HR steel prices seen on reduced output Steel prices have witnessed an increase in the range of $10-$30 across the world market in recent weeks. More TAXATION PM advisory panel favours exporters on `negative profits' tax exemption THE Economic Advisory Council to the Prime Minister has come out in favour of the exporting community on the controversial issue of tax exemption of `negative profits' under Section 80HHC of the Income-Tax Act, 1961. The exporters' suggestion ... More
`Bengal consumption tax is vital to protect domestic units' COAL CIL may be jt venture partner in CoalJunction COALJUNCTION may soon be a 50:50 joint venture between MetalJunction Services Ltd (MJSL) and Coal India Ltd. MetalJunction recently decided to float a joint venture to carry out the e-auction of coal. MJSL, a joint venture between Tata Steel ... More BREWERIES Kerala Govt urged to frame clear-cut policy on imported liquor DIAGEO India Pvt Ltd, the Indian subsidiary of global liquor major Diageo, has requested the State Government to introduce a policy exclusively for the sale of imported liquor brands in the State. In the absence of a clear-cut policy on ... More EDUCATION Five more vet polytechnics from next month in AP FIVE more veterinary polytechnics will become functional in the State from next month in the districts of Vizianagaram, West Godavari, Mahbubnagar, Karimnagar and Anantapur. There is already one at Chittoor, according to the Animal Husbandry ... More
ICFAI University placement scheme GEMS & JEWELLERY Gems and jewellery sector favourite with FIIs: study THE gems and jewellery sector has emerged as a favourite for foreign institutional investors (FII) who have increased their exposure to the Indian stock market, followed by the media sector. According to an Associated Chamber of Commerce and ... More
Jaipur jewellers to take part in Hyderabad expo RURAL DEVELOPMENT 
Invest more in dry land farming: IcrisatINVESTMENTS to develop dry land farming need to be increased to levels in irrigated farming for rural development and for the benefits of modern technology, including biotechnology to reach the rural poor, according to Dr William Dar, ... More
Now, ePanchayats to empower rural areas in AP EVENTS CII meet on Chinese economy today THE CII will organise a daylong conference on `China - An India Opportunity' on Wednesday. "There is a knowledge gap between India and China. We should make efforts to bridge this gap," said a CII release. As part of this effort, the CII ... More
`Technology should serve national needs' INCOME TAX India Inc awaiting clarifications on fringe benefit tax WITH only few days to go before the deadline for the first instalment of advance fringe benefit tax comes to an end (August 15), corporate India and other assessees are still awaiting the tax department's clarificatory circular on the new tax to ... More EXPORTS & IMPORTS Outdated export declarations abolished THE Finance Ministry has eased the export documentation procedure to help the exporting community. The Revenue Department has now abolished a number of declarations (relating to various export promotion schemes) that were found to have outlived ... More NATURAL CALAMITIES 
Prompt relief for flood-hit in AP promisedTHE administration is taking up all steps to provide prompt relief to the flood-affected people in the Krishna, Guntur and Nalgonda districts and there will be constant monitoring of the situation till the waters recede, the Chief Minister, ... More
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