Financial Daily from THE HINDU group of publications
Friday, November 11, 2005
Markets (November 10 at 15.30 IST)
BSE Sensex8308.93 (+0.15)
S&P CNX Nifty2500.70 (+11.60)
US Dollar (Buy/Sell)45.74/45.87



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Cloudy prospects
The dark monsoon clouds sighted over the Malampuzha dam in Palakkad district are no solace for the drought-prone district long suffering from poor water management policies. Even now, people trek long distances for drinking water in many parts of ... More


  • EPFO meet postponed


    Strong chances for cement exports to Pak: Guj Ambuja
    `Getting enquiries from US too'

    NATURAL disasters in the recent past might open up unlikely international markets for cement exports from India. There is a strong possibility that India might export cement to Pakistan post the earthquake that hit northern Pakistan recently, ... More


    `Change seen in livelihood patterns in rural areas'
    THERE has been a significant change in the livelihood patterns in the rural areas of the country. The main source of livelihood of over 33 per cent of the rural households is not agriculture, according to Mr Pratyush Sinha, Secretary Rural ... More

    `Rise in repo, reverse repo rates may restrict inflation'
    DESPITE the volatility in the oil prices, the Reserve Bank of India on Thursday maintained that the increase in repo and reverse repo rates would restrict inflation to 5-5.5 per cent. Speaking to newspersons on the sidelines of the Mekong ... More

    Finalising State Plans — Plan panel to hold talks with CMs soon
    THE Planning Commission has signalled its desire to continue its newly instituted strategy of completing State Plan discussions with the Chief Ministers on Plan priorities and determine the overall size of the State Plans ahead of the advent of ... More


    Business development body for Bengal mooted
    MR Peter Clasen, the head of a 15-member business delegation on food processing from Germany, currently visiting India, has recommended that West Bengal should set up a business development council similar to that of Hong Kong Development Council ... More


    Kakinada farmers oppose land acquisition for SEZ
    The Andhra Pradesh Industrial Infrastructure Corporation, the nodal agency, will have a 3 per cent equity participation in both the projects. More


    Ministry permits generic cos to make bird flu drug
    THE Industry Ministry has given a green signal for allowing domestic pharmaceutical companies to manufacture generic versions of Tamiflu (oseltamivir), considered the most effective drug to treat avian influenza, commonly called bird ... More


    TN draws draft on captive power tariffs
    THE Tamil Nadu Electricity Regulatory Commission (TNERC) has come up with consultation papers for purchasing power from captive power plants and for fixing tariffs for non-conventional energy sources. As far as captive power plants are ... More


    Tally Solutions issues 4.5 lakh licences of VAT accounting software
    TALLY Solutions Pvt Ltd, an accounting software company, has issued 4.5 lakh licences in the post-VAT (value-added tax) regime, according to Mr Vinay Manjeshwar, Vice-President, Marketing, Software and Services Group, Tally Solutions Pvt Ltd. ... More


    US Consulate in Hyderabad `under study'
    THE Consul General of US, Chennai, Mr David T. Hopper, has said that the decision to set up a US Consulate in Hyderabad on the lines of the consulate in Chennai is being explored. The final decision will be made at Washington DC. The Executive ... More

    Manipal Academy to start computer animation course
    MANIPAL Institute of Communication - a constituent of Manipal Academy of Higher Education - will start a six-month fast-track course in computer animation. A press release said here on Thursday that the course aims to produce skilled ... More


    Gold may test resistance, fall
    SPOT gold prices pulled back higher posting sharp gains shrugging off a rising dollar and re-asserting its safe-haven status. Gold looks to have decoupled from the currency/energy markets presently. Spot gold prices recovered strongly after ... More


    New dailies make dent in Mumbai market, says survey
    THREE months ago, the newspaper scene in Mumbai witnessed an upheaval. Dailies from giant publishers like the Dainik Bhaskar Group and the Hindustan Times came in to threaten the stranglehold of The Times of India, which ... More


    Economics for `regular folks'
    The US-based Centre for Popular Economics is a non-profit collective of nearly 70 economists that attempts to demystify the subject and help lay people in their fight for social and economic justice. More


    Plea on small savings scheme sops
    THE Tamilnadu Foodgrains Merchants Association (TFMA) has observed that the suggestion by the Review Committee on sops/exemptions offered to various small savings schemes is detrimental and should be withdrawn. The committee's recommendation ... More


    FDI flow into infrastructure projects
    Dispute resolution mechanism must: US

    THE US has said that a clear-cut dispute resolution mechanism for large investment projects is necessary to ensure a sustained flow of foreign direct investment (FDI) for infrastructure projects. In a meeting organised by the Federation of ... More


    Patent applications get quick clearance
    THE new patents regime in the country has lead to faster clearance of applications filed for patents and trademarks and also made the entire process highly conducive for the users, according to Mr S. Chandrasekaran, Controller General of Patents, ... More


    Not a selling idea


    AP: Construction workers' Act may be amended
    THE State Government is contemplating amendments to the A.P. Building and Other Construction Workers' Act, 1996. At a press meet here on Thursday, the member of the State Labour Advisory Board, Mr B. Gangadhara Rao, said the issue came up for ... More


    Growth must lead to integrated development of society: Sindhia
    Investors urged to look beyond Bangalore

    THE Karnataka Minister for Industry and Infrastructure, Mr P.G.R. Sindhia, on Thursday allayed fears of investors on the Government's commitment to develop world-class infrastructure in Karnataka and said they should start looking at other ... More

    `Indian corporates should make structural changes'
    IT was ripe time for India to adapt to the new concept of `Breakthrough Management' as the country had made progress through change in the last three years, Prof Shoji Shiba of University of Tsukuba, Japan, has said. Addressing the 13th ... More

    Dubai to host India-Gulf biz summit next month
    THE Indian Business and Professional Council (IBPC), Dubai, and the Indian Merchants' Chamber (IMC) are jointly organising the `India-Gulf Partnership Summit' in Dubai from December 9-11. The summit is being held under the patronage of Sheikh ... More


    Scrap fringe benefit tax, says FICCI
    THE Federation of Indian Chambers of Commerce and Industry has asked the Government to scrap the Fringe Benefit Tax (FBT). The Chamber said that in the absence of a social security system in the country, the tax is irrational. FBT was ... More

    I-T dept campaign yields results
    THE Ministry of Finance has said that the multi-media campaign launched by the Central Board of Direct Taxes during October has yielded good results. Personal Income-Tax (PIT) collections in October have registered a growth of 64.53 per cent ... More


    Import of sensitive items up 5.2 pc in Apr-Aug period
    IMPORT of sensitive items monitored by the Directorate General of Foreign Trade (DGFT) during the first five months of the current fiscal (April to August) showed a growth of 5.2 per cent in rupee terms at Rs 6,994 crore, against Rs 6,646 crore ... More


    Ayurveda therapy soon for computer-related diseases
    VAIDYARATNAM Oushadhasala, one of the leading names in traditional Ayurvedic treatment in Kerala, is set to launch an integrated healing system for computer-related lifestyle diseases. The research centre of the Thrissur-based Vaidyaratnam ... More


    Kerala upbeat on tourist arrivals
    The last two years have seen substantial growth in international tourist arrivals. More


    Combating food adulteration
    How can we fight the food industry? They are resourceful and have a long and wide reach. - Bejon Misra, CEO, Consumer Voice. More

    Volcker report probe panel terms of reference today
    THE Union Cabinet on Thursday approved setting up of the Justice R.S. Pathak inquiry committee — an "inquiry authority that would probe the unverified references" contained in the Volcker Committee's report relating to payment of surcharge ... More

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  • Top Stories
    FDI flow into infrastructure projects
    Dispute resolution mechanism must: US

    `Change seen in livelihood patterns in rural areas'

    Amul seeks a slice of global market

    Manufacturing cos scouting for acquisitions overseas

    Cotton output rises on better farm practices

    Import of sensitive items up 5.2 pc in Apr-Aug period

    In Focus

    Indian Aviation: Sky is the limit
    Stock splits
    India Inc's bonus bonanza
    Dabhol power regenerated
    Sethusamudram Canal Project
    India Inc's overseas acquisition

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk

    Looking back
    Oct. 30-Nov. 5
    Business confidence index up 1.3 pc: NCAER

    HAL deals to open new doors for local players in outsourcing

    Foundation stone laid for ONGC Tripura Power unit — Free trade agreements will benefit N-E region: PM

    Watch for monsoon revival on

    Avian flu: Govt puts in place surveillance system

    No perceptible impact of I-T ad campaign on assessees, say CAs

    Govt employment statistics under-reported by 20 pc

    Exporters cancelling forward dollar cover

    Patient vs Patent debate: Move on Tamiflu to set the trend

    Festive Oct sees record auto sales

    ONGC, BPCL keen on trading in NCDEX natural gas futures

    SAIL, 3 others cut prices

    Infrastructure SPV welcome, but speedy clearances vital: Industry

    Low-pressure over Bay moving west

    National steel policy: Focus on efficiency, productivity

    Indian textile exports expand into new markets

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