INDUSTRY & ECONOMY
EMPLOYMENT
Ombudsperson likely for pvt sector quota
The tangle between the Government and the private sector over reservation of jobs mayfinally be sorted out through the institution of an ombudsperson. Sources in the private sector told Business Line that to oversee and implement ...
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ECONOMY
ELEVENTH PLAN PAPER
Farm production may not meet demand
The Approach Paper to the 11th Plan (2007-2012) estimates that demand for agricultural output will grow at about 4.1 per cent per year, if gross domestic product (GDP) grows at 9 per cent. However, 4.1 per cent growth is unlikely. Agricultural ...
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EXCISE AND CUSTOMS
Directive on agricultural tractors
The Finance Ministry has made it clear that the incidental use of hauling trailers would not put agricultural tractors in dutiable category for excise duty purposes. The Central Board of Excise and Customs (CBEC) has said in a ...
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FOREIGN TRADE
`India, US making efforts to settle tariffs issue'
Agriculture, IPR are two areas of concern: US trade official
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Afghanistan to simplify visa regime
The President of Afghanistan, Mr Hamid Karzai, assured the Indian business community to make the visa regime easier and promised to look seriously into the demand for visa-on-arrival. He also invited the Indian businessmen to conduct ...
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STEEL
Battle royale for Corus
Brazil's fourth largest steelmaker CSN's jump into the bidding war for the UK's Corus has upped the ante for Tata Steel. CSN's bid, valued at $8.4 billion, tops Tata Steel's by about four per cent. The move by CSN doesn't come as a surprise as ...
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BREWERIES
Liquor stocks — Touching a new high
A few months ago, when SAB Miller snapped up the Foster's beer business in India, a Dow Jones story began with a quote from American acting legend Humphrey Bogart, who once remarked that the problem with the world was that everyone was a few ...
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REAL ESTATE & CONSTRUCTION
Sobha Developers: Invest at cut-off
As the income from current projects is likely to get bunched up only from FY-08, investors may need to consider a long time horizon of two to three years while investing in this stock.
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INDUSTRY ASSOCIATIONS
Independent regulator proposed for BPO sector
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SOCIAL WELFARE
Quotas in pvt housing projects mooted
Even as the Indian industry strongly has opposed quotas in private sector, the National Conference on Housing and Human Settlements has recommended that the poor and lower income groups should have reservations in private sector housing ...
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INCOME TAX
Is medical reimbursement taxable?
My father-in-law is 80 years old and is suffering from prostrate cancer. He is undergoing chemotherapy. The treatment is carried out from home. My husband's employer reimburses the costs related to the treatment. Will the reimbursement be ...
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ALTERNATIVE MEDICINES
`Remove curbs on traditional Indian medicines'
The international community must not create trade barriers by banning traditional Indian medicines citing arbitrary barriers in the name of safety, Union Health Minister, Mr Anbumani Ramadoss said at the inauguration of a two-day international ...
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