The Hindu Business Line : Sunday, July 02, 2006

NRIS
SBI hikes NRE, FCNRB rates
SBI has hiked the interest rates for FCNRB and NRE term deposits across various maturities with effect from July 1. The bank now offers an interest rate of 6.70 per cent per annum on NRE fixed deposits with maturity of one to ... More

INVESTMENTS
Call to regulate global investments
With global corporate majors entering the Indian market and the domestic corporate houses going aggressive with their global acquisitions, the country needs to evolve an appropriate framework for regulating the inbound and outbound investments, ... More

NON-CONVENTIONAL ENERGY
Brazil develops new biofuel thru vegoil blend
H-Bio claims to save cost for manufacturer More

Study favours integrated bio-fuel players
`Jatropha prices should stabilise at realistic levels' More

ECONOMY
How Japan has benefited from China's growth
China now imports massively from the rest of Asia: MasterCard survey More

Govt on track to complete term: Sibal
Unfazed by opposition to policies from Left parties More

`Inflation within target'
Given the current inflationary pressures, the RBI should be able to maintain inflation within the projected 5-5.5 per cent, said the Governor, Dr Y.V. Reddy. "Greater vigilance and greater attention is required for price stability, but we should ... More

HEALTH
Bristol launches Hepatitis B drug
Bristol-Myers Squibb, the global pharmaceutical and health care company, launched its antiviral drug, Baraclude (entecavir) in India for the treatment of chronic Hepatitis B. "The oral antiviral drug has been approved by the Drug ... More

INFRASTRUCTURE
IDFC: Buy
IDFC's high return on assets, low leverage, limited proportion of bad loans and low operating costs outweigh concerns on rising cost of funds and declining spreads. More

PETROLEUM
Cap the gushing oil companies
Announcements of oil or gas discoveries are price-sensitive information from the stock market perspective and need to be regulated. The DGH guidelines issued in May are the first such initiative. But, as the Niko episode shows, it is not enough. More

PHARMACEUTICALS
Draft policy aims to bring down drug prices
354 specified drugs included besides existing 74 under list of essential medicines. More

POWER
US co Dodson-Lindblom to enter Indian hydel biz
Keen on greenfield projects apart from reviving sick ones More

STEEL
Hoda panel for preferential allocation of iron ore mines
To steel plants without captive mines More

Consolidation means sustainability: Mittal
`We will only be producing 10% of global steel output' More

Steel makers hike prices
The domestic steel manufacturers have increased prices of hot rolled steel by Rs 1,000 to Rs 1,500 per tonne effective from Saturday . However, there is a difference in the price rise effected by the public sector Steel Authority ... More

TRAVEL & PLACES
US urged to change visa policy
The US Government should reduce barriers on travel around the world particularly to the US and promote the country worldwide as a travel destination, said Mr J.W. Marriott, Jr., Chairman and Chief Executive Officer of Marriott International, ... More

COAL
Coal stocks: CIL faces problem of plenty
There has been a U-turn in terms of coal availability for the power sector this year with Coal India Ltd (CIL) facing a problem of plenty. Stocks have piled up at the pit-heads as the thermal power plants are not lifting the coal earmarked for ... More

NCL bags TERI eco award
Northern Coalfields Ltd (NCL) has bagged TERI Corporate Environmental Award for 2004-05 in recognition of its leadership efforts towards qualitative improvement in environmental management and innovative initiatives among ... More

AUTOMOBILE COMPONENTS
Auto components industry voices concern over excise
MRP-based duty has led to 2-fold problem More

SCIENCE & TECHNOLOGY
In-car navigation systems — Not positioned yet in Indian market
In terms of market size and penetration, digital in-car navigations systems represent a small percentage of the total passenger vehicle population. However, there appears to be sizeable growth potential for the device. More

Nippon's SatGuide
One of the first satellite-based handheld navigation devices to be launched in the country was Nippon Audiotronix's SatGuide. Built and endowed with features like a pocket PC, Nippon SatGuide is a touch-screen navigation device that uses the ... More

A little tailwind from NARL can cut airline fuel bill
Airlines buffeted by rising aviation fuel prices can look for mid-air tips from an unlikely quarter to help save up to 10 per cent on their fuel bill. If all goes well, the National Atmospheric Research Lab, an entity of the Department of ... More

WTO
WTO talks collapse in Geneva
I cannot be in a meet that does not recognise Indian farmers: Kamal Nath More

Why the WTO talks failed
No further market access without tariff cuts & subsidy reduction More

TOURISM
`Make things easy for tourists to visit India'
The Minister of Tourism and Culture, Ms Ambika Soni, has called for better coordination between the Ministries of External Affairs, Home Affairs and Civil Aviation so as to make it easier for foreign tourists to visit India. Inaugurating a ... More

ECONOMIC OFFENCES
ED denies Natwar son's charges
The Directorate of Enforcement (ED) has categorically denied allegations made in a TV channel interview by Mr Jagat Singh, son of former external affairs minister, Mr Natwar Singh, about the manner in which the investigations ... More