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Tuesday, August 16, 2005

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INDUSTRY & ECONOMY

ECONOMY


PM outlines economic growth plan — Focus to be on infrastructure development
IN keeping with his last year's declaration that "I have no promises to make but only promises to keep," the Prime Minister, Dr Manmohan Singh, today presented the nation with the Government's action plan for achieving rapid economic growth ... More

Awaiting the oil after-shock
With headlines tracking the ever-rising price of oil, the lack of any major effect of the shock on global growth has become the subject of discussion and speculation. C. P. Chandrasekhar and Jayati Ghosh examine the factors driving the oil price and the likelihood of this increase persisting and affecting the level and distribution of global income. More

ACCOUNTANCY


Accountancy institutes await Bills to set up multi-disciplinary firms
ACCOUNTANCY professionals may have to wait longer for setting up multi-disciplinary firms, as the legal decks for such arrangement is still awaited. Though the Councils of the Chartered Accountants (CA) and Cost & Work Accountants (C&WA) .. More

ENVIRONMENT


Stress on protecting coastal environs
COASTAL populations and ecosystems are more likely to bounce back from extreme coastal disasters by protecting local environments and building on local knowledge, according to a report published in Science. And the aftermath of the Asian ... More

HEALTH


Govt plans to promote medical tourism from Oct
CLOSE on the heels of introducing medical visas, the Government is shifting gears. Come October, the Government plans to start overseas marketing of India as a medical tourism destination. According to senior Government officials, "The ... More

INFRASTRUCTURE


PM urged to allot Rs 500 cr for Bangalore infrastructure
THE Union Minister of Communications and Information Technology, Mr Dayanidhi Maran, has urged the Prime Minister, Dr Manmohan Singh, to allot Rs 500 crore to augment Bangalore's infrastructure facilities as a special case. Mr Maran, in a ... More

PETROLEUM


Global markets edgy on soaring oil prices, rising interest rates
THERE is edgy nervousness in the investment market as the oil price is now approaching $70 per barrel mark and the Federal Reserve in the US and European Central Bank, are working on a strategy of raising interest rates. Rising oil prices in ... More

TEXTILES


Govt announces norms for textile parks scheme
THE Government has set out the guidelines for the `Scheme for Integrated Textile Parks (SITP)', aimed at establishing 25 new textile parks of international standards with world-class infrastructure facilities and based on public-private ... More

SSI


KVIC targeting Rs 11,000-cr turnover
AT the third meet of khadi artisans on `Khadi Karigar Janashree Bima Yojana', the Executive Director of the Life Insurance Corporation of India, Mr R. Venugopal, assured the Khadi and Village Industries Commission (KVIC) that the corporation ... More

EDUCATION


Hegde institute to open centre for studies in banking, insurance
THE Justice K.S. Hegde Institute of Management at Nitte in Udupi district will set up a centre, exclusively for studies on banking and insurance. Dr M.S. Moodithaya, Director of the institute, told Business Line here on Monday that the ... More

BIM students win international awards
A STUDENT team from the Bharathidasan Institute of Management (BIM) has won awards in two international business plan competitions. The BIM team won the first place in the Microsoft IT Business Plan category in the Imagine Cup 2005 held in ... More

MEDICAL INSTITUTIONS & HOSPITALS


Neuro ward at Mahavir Hospitals
HYDERABAD: Mahavir Hospitals & Research Centre has established a separate Department of Neuro-Sciences. It will have a 10-bed acute neuro ward, which would cater to emergencies such as strokes, head injuries etc. In addition to ... More

INDUSTRY ASSOCIATIONS


Bull run at bourses justified, says Assocham survey
THE stock markets in the country have moved up sharply in the recent past, but 60 per cent of 100 CEOs surveyed by Assocham say that the market is not overheated and that the bull run is justified since the economic fundamentals are in ... More

Plea for aviation varsity in Madurai
THE Tamil Nadu Chamber of Commerce and Industry has appealed to the Prime Minister and the Union Civil Aviation Minister to consider the demand of the Tamil Nadu Chief Minister the establishment of an aviation varsity in Madurai. The President ... More

SCIENCE & TECHNOLOGY


IIT-Kharagpur's tech park plans to set up steel design centre
"Two presentations have already been made to Steel Ministry officials." More

PAINTS


Paint companies margins under pressure in Q1
DESPITE a reduction in Customs duty in the Union Budget and the strengthening of the rupee, the margins of the domestic paint industry remained under pressure in the first quarter of the fiscal. Due to the increase in crude prices and its ... More

SOCIAL WELFARE


Govt to focus on uplift of weaker sections: AP CM
FOCUSSING on welfare measures for poor and weaker sections, the State Government plans to ensure that the schemes reach the targeted people. In his address at the 59th Independence Day here today, the State Chief Minister, Dr Y.S. Rajashekhara ... More

Kerala CM announces welfare schemes for the poor
THE State Government has unveiled a nine-point programme for the welfare of the underprivileged in Kerala. Presenting details of the scheme in his Independence Day address today, the Chief Minister, Mr Oommen Chandy, said the Government would ... More

INDUSTRIAL POLICY


Small industries body hails policy package
THE Confederation of Southern Small Industries Association (CONSSIA) has welcomed the policy package for the small and medium enterprises (SME) sector. In a statement here, the association President, Mr A. Selvaraj, said that for long the cry ... More

EVENTS


Maritime, fire service staff honoured
MANGALORE: The New Mangalore Port Trust (NMPT) celebrated the Independence Day by honouring marine staff and fire service personnel of the port. The NMPT Chairman, Mr P. Tamil Vanan, who hoisted the National Flag, presented cash awards ... More

At I-Day
Former Finance Minister, Mr Jaswant Singh; the Union Finance Minister, Mr P. Chidambaram; the Planning Commission Deputy Chairman, Mr Montek Singh Ahluwalia; and his wife, Ms Isher Ahluwalia, at the 58th Independence Day celebrations at the Red ... More

EXPORTS & IMPORTS


Miller & Smith Foods to up imports from India
MILLER & Smith Foods Inc, a global supplier of frozen fruit and concentrates that imports for around $30 million from India, wants to expand its basket of products. The company is looking at honey, skimmed milk and juice concentrates as ... More

NATURAL CALAMITIES


`Needs of older people not recognised during tsunami relief'
OLDER people were not recognized as a highly vulnerable group by aid agencies in the aftermath of the tsunami attack in December 2004, HelpAge India said in its report, Older people in tsunami: Challenges of Survival. HelpAge, a ... More

TOURISM


Nod for town square scheme in Kerala
THIRUVANANTHAPURAM: Kerala Tourism's scheme to develop `town squares' in important tourist destinations has been approved by the State Government. According to an official press release, the tourism department and local government ... More


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Looking back
Aug. 7-Aug. 13
Share of readymades up in rural clothing

`VAT impact on Q1 PC sales only incidental'

Flooded warehouses: Tough task for companies

Govt concerned over spiralling fuel prices: Aiyar

Indian shrimp prices slide in US market

Indo-Pak trade up 76 pc in 2004-05

Pesticide content issue — Pepsi, Coke move SC on Rajasthan HC directive

Rains rescue kharif oilseeds from gloom

Gems and jewellery sector favourite with FIIs: study

Monsoon revival subdued as `weak phase' continues

Hotel stocks attract interest

Transmission line project — CERC says no to PowerGrid's appeal for higher outlay

IVRCL to set up desalination plant near Chennai

Car sales skid 11 pc in July

Palm oil is not a saturated fat, say scientists


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