INDUSTRY & ECONOMY
ECONOMY
AP may get $1 billion as World Bank loans
Funds likely for irrigation, healthcare and education
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FOREIGN TRADE
Call for Korea, TN biz tie-ups
Small and medium enterprises in Korea could look at doing business with companies in Tamil Nadu, said Mr M. Rafeeque Ahmed, Chairman, Federation of Indian Chambers of Commerce and Industry, Tamil Nadu State Council. He was addressing a delegation ...
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Romania for ties in energy sector
Romania has supported India's quest for civil nuclear cooperation with the international community and expressed willingness to establish strategic partnership in energy and defence sectors. The issue of cooperation in nuclear and defence fields, ...
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INFRASTRUCTURE
Rights forum wants SEZ Act scrapped
The Human Rights Forum has urged the Union Government to scrap the Special Economic Zone Act, 2005, as "it subverts the spirit of the Constitution by depriving the rural artisans, farmers and fishermen of their livelihood and creates real estate ...
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PETROLEUM
Crude oil production up 9.3%
The crude oil production rose by 9.3 per cent in September, while the natural gas production saw a marginal decline. The biggest oil exploration and production company, Oil and Natural Gas Corporation, and its rivals produced 2.81 million tonnes ...
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MRPL for equitable subsidy sharing
Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of ONGC, has sought a level playing field on the issue of extending discounts to state-owned oil marketing companies (OMCs) for domestic liquefied petroleum gas (LPG) and kerosene to ...
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Govt to take up seismic survey on gas hydrates
To cover both coasts at a cost of $4 m
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POWER
Mega projects
SEEKING MORE: (From left) Mr R.V.Shahi, Secretary, Ministry of Power; Mr Anil K. Agarwal, President, Assocham; and Dr V.K. Garg, Chairman and Managing Director, PFC; at an interactive session on `Ultra Mega Power Projects' in the Capital on ...
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STEEL
Slowdown in steel output may arrest price fall
Growth rates have slowed down in US, Europe
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TAXATION
Trolleys eligible for concessional rate of sales tax: Madras HC
To satisfy the requirement for eligibility to concessional rate, the goods sold should be for use by purchaser as component parts of some other goods to be manufactured.
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CIGARETTES
Karnataka must revoke minimum wages notification: AITUC
The All-India Trade Union Congress (AITUC) has urged the Karnataka Government to withdraw the new notification on minimum wages of beedi workers. Addressing presspersons here on Monday, Mr H.V. Anantha Subba Rao, General Secretary of the ...
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RADIO/TV
Raj TV files for IPO
Raj Television Network Ltd plans to enter the capital market to raise funds to expand its operations, including launching a new television channel, and strengthen its facilities, according to a press release from Raj TV. It has filed a draft ...
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MANPOWER
AP bids for overseas placements
The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, on Monday directed the Employment and Overseas Manpower Company AP Ltd (OMCAP) to formulate a scheme to generate 30,000 jobs overseas annually. Reviewing the ...
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SCIENCE & TECHNOLOGY
Antrix to sell remote sensing data abroad directly
Antrix Corporation, ISRO's commercial entity, has quietly taken up direct overseas marketing of Indian remote-sensing (IRS) data. It's curtains for its decade-old tie-up with the erstwhile Space Imaging Corp, which was selling the data almost ...
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RURAL DEVELOPMENT
SHGs impress Wheeler
Mr Graeme Wheeler, Managing Director of World Bank, who oversees lending to countries going by the set priorities of the bank, was curious to know how a self-help group (SHG) decided on its lending priorities. When he visited this remote ...
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Export councils urged to plan specific projects
250 districts picked for backward region grant
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EVENTS
Biz leaders to participate in Wharton India forum in US
Prominent business leaders such as Capt. C.R. Gopinath, Managing Director, Air Deccan; Mr Rahul Bajaj, Chairman Bajaj Auto; and Ms Kiran Mazumdar Shaw, Chairperson of Biocon; will be participating in the annual Wharton India Economic Forum (WIFE) ...
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EXPORTS & IMPORTS
Cumin exports up three-fold
Set to top fiscal target
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TOURISM
Kerala Shipping gets good response at boat show
The state-owned Kerala Shipping and Inland Navigation Corporation has received encouraging response from various private parties for building boats at the recently concluded India International Boat show held in Kochi. Mr K.N. Satheesh, ...
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Drive to woo tourists back to Alappuzha
Kerala Tourism will develop a campaign to overcome the possible setbacks caused by incidences of chikungunya in the State. This was decided today at a meeting of tourism industry stakeholders in Alappuzha, convened by Mr B. Suman, Director ...
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STANDARDS & BENCHMARKS
Spices Board to attend IOSTA meet
The Spices Board will participate in the meeting of the International Organisation of Spice Trade Associations (IOSTA),scheduled for November 16 in London at the premises of the Food and Drink Federation (FDF). According to International ...
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