Financial Daily from THE HINDU group of publications
Tuesday, February 28, 2006
Markets (Feb 27)
BSE Sensex10282.09(+81.33)
S&P CNX Nifty3067.45(+17.40)
US Dollar (Buy/Sell)44.47


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LOGISTICS

MODERNISATION


Reconsider airport update plans: Panel
The Parliamentary Standing Committee on Transport, Tourism and Culture has called on the Government to "reconsider" its present plan on the modernisation and restructuring of the Mumbai and Delhi airports keeping in view the current domestic and ... More

ECONOMIC SURVEY


`Rlys accounting reforms to address Govt needs'
The Railways had appointed a consortium including French Railways SNCF and Ernst & Young, among others, to work on its accounting reforms programme. More

Congestion at major ports rising
Even as the cargo volume handled at major ports is going up, congestion also appears to be increasing with the average pre-berth waiting time and turnaround time moving up, reflected the Economic Survey. The average turnaround time for ships ... More

AIRLINES


EU move to boost carbon trading — All flights must buy credits to offset GHC emissions
THE carbon trading market may get a boost with the European Union decision to mandate all flights taking off from and landing in its territory to buy carbon credits for offsetting greenhouse gas (GHG) emissions. The in-principle decision to ... More

Jet system to trace missing baggage
Jet Airways said it plans to offer its passengers an online facility to trace missing baggage. The facility would enable passengers to check the status of their missing or delayed baggage using an internationally used baggage ... More

INFRASTRUCTURE


`Core sector can absorb $150 b FDI'
India has potential to absorb $150 billion foreign direct investment (FDI) in the infrastructure sectors alone by 2010. Simultaneously, opening up of single brand retail for FDI holds up further ... More

Delhi, Mumbai airports revamp to begin mid-year
`In-principle' decision on Chennai airport revamp taken

The plan ahead
Proposals to set up greenfield airports in Navi Mumbai, Kannur in Kerala, Ladhowal near Ludhiana, and Pakyong near Gangtok.
AAI is also considering development of non-metro airports in many cities.
Inde pendent Airport Economic Regulator to be set up to monitor tariffs. More

SHIPPING


Detained Pak ship brought to Kochi
The container feeder vessel SAF Marine Pakistan, which was detained by the Lakshadweep police after some of its crew members disembarked in an uninhabited island without permission, has been brought to Kochi Port by the Coastguard for ... More

Kandla port embarks on Rs 5,081-cr expansion — Expects dry cargo movement to exceed 25 mt by 2013
The expansion programme involves construction of berths, development of a satellite port at Tekra off Tuna, deepening the draught and other port connectivity projects. More

Sethu canal: Dredging Corp may get more blocks
Of the 167-km length of the ship canal, dredging is required in a 34-km stretch in the Adam's Bridge area - designated blocks A and B - and a 54-km stretch in Palk Strait - blocks C and D. More

Ministry to study NH, Vallarpadam link project
The Union Minister for Shipping, Mr T.R. Baalu, has said that the clearance for National Highway link to the proposed International Container Transhipment Terminal (ICTT) site on Vallarpadam Island would be taken up with the Ministry of ... More

Pak okays talks with DPW for Gwadar port
The Pakistan Prime Minister, Mr Shaukat Aziz, has approved a proposal to start negotiations with Dubai Ports World (DP World) as potential operator of Gwadar port in the Pakistani province of Baluchistan. Presiding over a high-level meeting in ... More

RAILWAYS


Chicken, eggs back on Railway menu
Indian Railways today said it has allowed serving of eggs and chicken provided they have been handled as per the guidelines issued by the World Health Organisation (WHO). However, it has prohibited serving of half-boiled egg, fried eggs, omelette ... More

ROADWAYS


Madhucon bags NHAI project
Madhucon Projects Ltd has announced that it was awarded the longest BOT project in the country by the National Highways Authority of India (NHAI). The 129-km-long four-laning of Madurai-Tuticorin ... More

Contracts for stretches under NHDP to be awarded soon
Award of contacts for road construction and improvement along North-South (NS) and East-West (EW) corridors connecting Srinagar with Kanyakumari and Silchar with Porbandar is likely to be completed by March. These stretches are under the ... More


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Top Stories
Fertiliser subsidy to exceed Budget estimates
Total subsidy may cross Rs 24,000 crore


Will Budget bring relief to cancer, AIDS patients?

LIC plans to invest Rs 13,000 cr in equities — Favours bank stocks

Interest rates may firm up: Survey
`Forex reserves accretion slowing, credit offtake keeps rising'


Core sector growth slows to 3.3% in Jan

Gas supply issue: Meet today to resolve deadlock
Chiefs of Panna-Mukta venture partners, GAIL to participate


In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Feb. 19-Feb. 25
Marine officers shortage to rise

Air India places $2-b order for GE engines

`Bird flu scare results in Rs 200-cr loss to truckers'

Railway wagon hurdle — New plan to send sugar to Pak

Railway budget to take care of all sections — Lalu Prasad rules out increase in passenger fares

Steel, iron ore stocks turn active on Rly Budget

Railways improves freight earnings by Rs 3,000 cr

Low-cost carriers see no impact — Travel sector hails move

Airlines not perturbed by reduced AC rail fares



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