WEB EXTRAS
COMMODITY EXCHANGES
Direct delivery of grains for rations shops mooted
FCI functions can be separated: NCDEX
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AIRLINES
Separate cargo arm likely after AI-Indian merger
`Air India's new aircraft to attract corporate segment'
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STEEL
Jindal Steel Works to set up in West Bengal
A 10-million tonne capacity integrated steel plant is to be set up by Jindal Steel Works at Salboni in Paschim Medinipur district of West Bengal, according to Mr Sajjan Jindal, Vice-Chairman and Managing Director, Jindal Steel works. Speaking ...
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INDUSTRY ASSOCIATIONS
Relax export obligation norms: FICCI
Emphasising the need for a more exporter-friendly Export Promotion Capital Goods Scheme (EPCG), industry chamber FICCI has sought relaxation of export obligation conditions under the scheme in its memorandum submitted to the Directorate-General ...
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FOREIGN DIRECT INVESTMENT
`Immense scope to boost trade with European Union'
The Eastern Region arm of the European Union India Facilitation Desk (EUIFD), under the € 13.3 million (Rs 78 crore) EU-India Trade and Investment Development Programme (TIDP), was formally launched here today at a workshop on "FDI: Role if ...
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SECURITY
`Enhance pay packets for defence scientists, engineers'
DRDO in talks with Nasscom for pooling human resources
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INCOME TAX
Apex court decisions of import
In 2006, the Supreme Court delivered significant rulings on tax issues. What follows is a sample of some of them in the realm of income-tax. Interest not leviable under Sections 234B and 234C where tax is payable on the basis of book ...
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EXPORTS & IMPORTS
NECC appeals for ban on export of maize
The National Egg Coordination Committee (NECC) has appealed to immediately ban forward trading and export of maize and to extend by one more year, the interest subvention and moratorium on repayment of bank loans granted in the wake of bird flu ...
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OUTLOOK
Global rice price seen flat
Despite arrival of freshly harvested rice in many northern hemisphere countries, export prices have continued to gain strength in many origins since September; and relief is unlikely until February/March next year when the next crop is slated to ...
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Nucleus Soft eyes Europe
Nucleus Software Exports Ltd is looking at Europe and Japan to expand its business next year. The company provides its technology in the area of retail banking and cash management in geographies such as Asia pacific, West Asia, Europe and Africa. ...
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