The Hindu Business Line : Sunday, June 11, 2006

NON-CONVENTIONAL ENERGY
Reliance opposes mandatory blending
Reliance Industries Ltd has opposed mandatory ethanol blending of petrol. This is even as the Petroleum Ministry has asked private oil retailers, including RIL and Essar, to join the gasohol programme effective from October 1. RIL's opposition ... More

Kalam calls for national mission on biodiesel
The President, Mr A.P.J. Abdul Kalam, has favoured a special taxation policy for making biodiesel attractive to the producers, since it provides many social benefits like rural employment and creates clean environment. He called for national ... More

Meet on pricing of ethanol next week
ISMA, NFCSF to evolve strategy for talks with oil cos More

ECONOMY
Fear of inflation has triggered hike in repo rate: Deepak Parekh
"One should be prepared for another quarter per cent hike in short-term rates but that will not have impact on home loan rates.'' More

PETROLEUM
Fuel price hike not a matter of choice: Deora
`Availability of petroleum products underpins growth of economy' More

TN petro product pipeline is ready
The 680-km-long Chennai-Tiruchi-Madurai pipeline for transporting petroleum products will be formally inaugurated on June 26. The Petroleum Minister, Mr Murli Deora, the Tamil Nadu Chief Minister, Mr M. Karunanidhi, and a host of ... More

POWER
SEBs stymie open access
Block surplus power from pvt cos, captive plants from entering grid More

TAXATION
AP reduces sales tax on petrol, diesel
The Andhra Pradesh Government has decided to lower the sales tax on petrol and diesel, which would result in a drop in their prices. The Chief Minister, Dr Y.S. Rajasekhara Reddy, took the decision on Saturday, while ... More

SSI
Nisiet plans IPR support to SSIs
The National Institute of Small Industries Extension Training (NISIET) plans to diversify into providing intellectual property rights (IPR) support to SSIs and take up programmes on globalisation. It will also consolidate its expertise in small ... More

TWO/THREE WHEELERS
Fuel-injected rivalry to spill on to the roads soon
The two bikes to be launched by Bajaj Auto and Hero Honda are to come with fuel-injection technology, first of their kind in India. They could be the precursors of many more bikes with this technology, which is the standard in advanced markets. More

Meet Sonic, Blade and Kristal
A peek at Bajaj's three new two-wheelers that are to roll out later this year — a light sports motorcycle, a scooter and a scooterette targeted at the young. More

REAL ESTATE & CONSTRUCTION
Infrastructure sector needs innovative funding models
Proper structure, confidence in the traffic and revenue forecast for projects, confidence in the enforceability of contracts used to finance projects — these are the things that will bring investors in. MR WILLIAM STREETER, M D AND HEAD OF INTERNATIONAL PUBLIC FINANCE, JAPAN AND ASIA-PACIFIC, FITCH RATINGS More

BIO-TECH & GENETICS
States sign MoU on Bt cotton
The Centre should frame guidelines governing technology agreements between companies for transgenic seeds, planting material and field crop with a view to protect the interest of farmers and local seed companies. This was one of the major ... More

RURAL DEVELOPMENT
DoT's rural dream may be sold short
Only fourlakh subscribers till now More

EVENTS
Call for self-sufficiency
BATTING FOR GREEN FUEL: The President, Mr A. P. J. Abdul Kalam, releasing the special souvenir of the Federation of Andhra Pradesh Chamber of Commerce and Industry (FAPCCI) in Hyderabad on Saturday along with the Andhra Pradesh Governor, Mr ... More

INCOME TAX
I-T refund banker system planned
The Finance Ministry is toying with the idea of putting in place a system of `refund banker' to ensure prompt and quick credit of income-tax refunds to the taxpayers around the country. A refund banker would be a chosen banking ... More

I-T Dept may face problems with new return form
Tax experts feel the move goes against simplification approach More