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Saturday, April 08, 2006
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INDUSTRY & ECONOMY

FOREIGN TRADE


Export target set at $120 b; sector-specific steps unveiled
India to emerge as hub for gem and jewellery exports More

Australia keen on biz ties with India
Seeks investments in coal mining sector More

`Paradigm shifts key to success in trade arena'
`If the money is spent in creating infrastructure, exports will boom' More

Govt allows new vehicles import for R&D
The Government today announced a provision in the annual supplement of the Foreign Trade Policy allowing import of new vehicles by auto component manufacturers for research and development purposes without homologation. Homologation is the ... More

Value addition norm on gem, jewellery exports cut
The Annual Supplement to the Foreign Trade Policy has come up with a number of measures to facilitate exports of value-added gems and jewellery products and cater to the changing needs of the market. Faced with an increase in gold and silver ... More

`New duty-free import authorisation scheme confers twin benefits on exporters'
`Every successive annual policy has been trying to incrementally cut transaction cost' More

URBAN DEVELOPMENT


`Shift focus from personal to public transport'
Rlys, States had differences of opinion on the metro ralilway gauge issue More

NON-CONVENTIONAL ENERGY


NEG Micon plans to export turbines next year
More

Oily skid is just dangerously around the corner
`Chindia' will require increasingly high amounts of energy for its growth, points out Stephen Leeb in The Coming Economic Collapse. As alternative energy, biodiesel is well poised "to enter both the vocabulary and the fuel tanks," predicts Lyle Esti ll in Biodiesel Power. More

COMMENT


What They Say
FICCI President, has welcomed the measures to cut down the transaction costs and time for exporters and importers through new Electronic Data Interchange (EDI) initiatives and allowing pre-shipment certificates in lieu of test report for ... More

ECONOMY


Forex reserves vault by $2.96 b
The foreign exchange reserves have soared by $2.96 billion due to dollar buying by the central bank. The forex reserves have touched a record $151.62 billion for the week-ended March 31. In the previous week, the reserves had increased by $2.5 ... More

Income disparities most glaring in Kerala: Study
Half the population classified as `poor' or `very poor' More

INFRASTRUCTURE


Goa to strengthen infrastructure
Development through public-private partnership route More

PETROLEUM


Oil refiners, retailers want Govt to sort out excise duty issue
Refiners want excise duty calculated on market price More

MoUs signed with 2 UK varsities on NELP VI
During the concluding leg of the Petroleum Minister, Mr Murli Deora's visit to UK and the US, two memorandums of understandingwere inked in London on Friday. The MoUs were to promote the sixth round of the New Exploration Licensing Policy and ... More

Canoro Resources to farm out interest to Brownstone Ventures
Canoro Resources Ltd plans to farm out 15 per cent participating interest to Brownstone Ventures Inc in two oil and gas exploration blocks AA-ON-07 and AA-ONN 2003/02 in the Assam Arakan basin. Both the Canadian companies have entered into a ... More

PHARMACEUTICALS


Dutch bio-medical mission to visit India
Exploring new biz pacts in biotech, pharma sectors More

POWER


ICSA (India) bags Sudan order
ICSA (India) Ltd , has signed an agreement with the National Electricity Corporation, Republic of Sudan, today at New Delhi for the execution of a turnkey project with an aggregate value of Rs 629 crore (about $139.95 million). ... More

SSI


SME ratings yet to catch on, say bankers
Rated units get lower-cost loans, merit faster processing More

Kanara chamber plea on SBI stir
The Kanara Chamber of Commerce and Industry (KCCI) has urged the Union Finance Minister, Mr P. Chidambaram, to resolve the problems being faced by small-scale industries due to the indefinite strike by the employees of State Bank ... More

WATER


Move for 24-hour water supply in select cities in AP
If plans of Andhra Pradesh Government go ahead well, people in 15 per cent of municipalities in the State could have access to round-the-clock water supply in the next three years. Addressing Cityscapes-2006, the convention of urban ... More

Placid waters
A VIEW OF Idukki dam. Water levels at three major reservoirs in Kerala, Idukki, Idamalayar and Kallada, have recorded a decline in the week ending March 27, according to the Central Water ... More

RADIO/TV


CAS meet: Top broadcasters stay away
Much to the ire of the cable TV industry, top broadcasters today stayed away from the fourth meeting to discuss the implementation of the Conditional Access System (CAS) in Delhi, Mumbai and Kolkata. The broadcasting industry was represented ... More

EDUCATION


IGTC to increase student intake
Indo-German Training Centre (IGTC), the education wing of Indo-German Chamber of Commerce, intends to raise student intake from 24 to 40 at its Chennai centre for the next academic term, commencing September. The centre runs management ... More

Water world
FLOW OF EDUCATION: The Delhi Chief Minister, Ms Sheila Dikshit, with the CEO, Delhi Jal Board, Mr Arun Mathur, at the prize distribution ceremony of Jal Jaagrukta (a school education project on water) in the Capital on Friday. ... More

FOODS & FOOD PROCESSING


`Integrated law to ensure food safety'
The Government is moving towards putting in place an integrated food law to meet the requirements of international trade and make the domestic industry competitive in the global market to ensure food safety, said the Union Commerce and Industry ... More

CONSULTING


Ma Foi to team up with Karachi firm
Plans training academies in three Pakistani cities More

MEDICAL INSTITUTIONS & HOSPITALS


Modern macular centre set up in Hyderabad
Aimed at enhancing treatment opportunities for macular diseases and also at capacity building activities among the ophthalmology community with the latest knowledge and training, LV Prasad Eye Institute (LVPEI) and Novartis India have joined ... More

REAL ESTATE & CONSTRUCTION


Looking out for designing buildings
There is no dearth of good talent here, say Indian architects More

INDUSTRY ASSOCIATIONS


No outsourcing fears
PAVING WAY FOR GROWTH: Mr Stephen Pound, Chairman of the LFIN delegation from the UK, and Mr C.K. Dhanuka, Chairman, FICCI (eastern regional council), at a meeting in Kolkata on Friday. An eight-member delegation of British Parliamentarians ... More

KNITWEAR & HOSIERY


TEA hails export thrust schemes
The Tirupur Exporters Association (TEA) has said the advance authorisation scheme, replacing the advance license scheme in the annual foreign trade policy, unveiled today will help the exporters import inputs in small quantities. The TEA is ... More

SCIENCE & TECHNOLOGY


BrainOBrain expanding franchisee network
Looks for presence in 7 countries by year-end More

Indian researchers identify pancreatitis genes
Indian researchers have taken a global lead in cracking the genetic causes for a form of chronic pancreatitis. They have identified, for the first time, two genes, which are responsible for the disease, which is spreading across several States in ... More

CINEMA


Global film cos warm up to Indian industry
Paramount is the latest among the leading international companies to enter this sector in India. Paramount, a Viacom company, would co-produce films in India, Mr Tom Preston, President and Chief Executive Officer, Viacom, said at FICCI-Frames ... More

FOREIGN DIRECT INVESTMENT


German fashion brand Hugo Boss upbeat about Indian market
The Government's decision to allow FDI in single brand retail has not changed German fashion brand Hugo Boss' plans of entering through a franchise route in India. Ms Stephanie Means, Director of Marketing, Hugo Boss Hong Kong Ltd, says, "We ... More

WTO


India will be affected if WTO talks fail: Lamy
India, like many developing countries, would end up becoming a victim if the World Trade Organisation (WTO) members fail to meet the April 30 deadline agreed upon for finalisation of formulas to cut farm subsidies and industrial tariffs, WTO ... More

RURAL DEVELOPMENT


More SHGs in Karnataka on cards
The Karnataka Deputy Chief Minister, Mr B.S. Yediyurappa, has said that the BJP-JD(S) coalition Government in the State will form 25,000 new Stree Shakti self-help groups (women SHGs) in the next two years. The Karnataka Budget ... More

SHGs growing on `weak foundation'
Call to accelerate strengthening mechanism More

HUMAN RESOURCES


CII sees new challenges to growth
Manufacturing, services sectors yet to recognise the threats More

TRADE & LABOUR UNIONS


ATMs cushion impact of indefinite SBI strike
Fully stacked machines, partner network prove big help More

EVENTS


Mumbai to host ChemSpec India
Mumbai will host ChemSpec India for the second consecutive year in 2007. The first exhibition of ChemSpec India was held in Hyderabad last year. Meanwhile, over 300 exhibitors, including foreign players from Germany, Switzerland, ... More

Workshop on e-filing
The Coimbatore chapter of the Institute of Company Secretaries of India (ICSI) is organising a workshop on Saturday on `MCA-21-E-Filing' (of all documents as per the Companies Act 1956) to facilitate an understanding and to have ... More

  • Correction

    EXPORTS & IMPORTS


    Oilmeal exports at record high
    Rise 64 per cent as soyameal shipments treble More

    Import of aircraft, helicopters made easier
    Trade policy to make India centre for aviation services More

    `SEZ to gain from new norms'
    The new benefits to special economic zones suppliers under the duty entitlement pass book (DEPB) scheme will help make supplies to these SEZs more attractive, said Mr Jayakumar Ramdass, Chairman of CII Coimbatore zone. In his ... More


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  • Union Budget 2006-2007

    Economic Survey 2005-2006


    Top Stories
    Oil refiners, retailers want Govt to sort out excise duty issue


    Indian researchers identify pancreatitis genes

    Forex reserves vault by $2.96 b

    CAS meet: Top broadcasters stay away

    Oilmeal exports at record high

    Kingfisher Air may set up venture abroad

    Sensex swings 365 points intra-day

    `IT industry has matured, expanded'

    Foreign crew to be allowed on Indian ships

    In Focus

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

    In Depth

    Bihar Diary
    Orissa Diary
    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Mar. 26-Apr. 1
    `Critical gap' in US Trade Policy

    ONGC roadshow: 26 firms respond

    Medical kit sector rules out new investments

    Cellular operators slap notice on BCCI

    `Print media has scope in digital age'

    The vital missing track

    `I am focussing on structural issues in specific sectors'

    Value-added spices export surges

    VAT compensation: Karnataka, Bihar, AP get Rs 902 cr

    CAS meet: Stakeholders differ on pricing of channels

    India gains edge in par-boiled rice market

    `Nano tech, the new wealth creator'

    PAN holders can view tax statements online

    `Businessmen coming back to Bihar'

    Actis to invest in pvt power projects

    Govt to create more power capacity by 2017

    Sample from MP district tests positive for bird flu

    Chicken producers declare hatching holidays

    Project to produce ethanol from sweet sorghum

    ONGC may pay more for OMCs to book profit

    Banks raise FCNR (B) deposit rates

    New India seeks overseas reinsurance partner

    New Jamnagar refinery: RIL looking for partner

    Manmohan to discuss power sector reforms with CMs

    `Adulteration rampant in edible oils'

    Indian tea to gain on rising Kenyan prices

    Micro finance attracts high interest at B-schools

    Govt set to meet revised estimates for indirect taxes

    Grapes turn `sour' for exporters

    External debt down by $5 b at $119.2 b

    H-1B visa filings for `07 from tomorrow

    Copper, zinc producers likely to hike prices



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