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Wednesday, May 02, 2007
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INDUSTRY & ECONOMY

AUTOMOBILES
Maruti posts 17% rise in sales
Hero Honda sales up 4.86%, Bajaj Auto 2-wheelers down 13% More

COURTS/LEGAL ISSUES
PIL matter on Singur
A Division Bench of the Calcutta High Court comprising Mr Justice P.C. Ghose and Mr Justice B. Somaddar has adjourned the Public Interest Litigation matter, relating to Singur (West Bengal) issue, till May 2. The matter shall be ... More

ECONOMY
Well-managed globalisation can reduce poverty: David Hulme
States must compete for logging welfare indices, says Dr Hulme More

Karnataka IT industry poised for 25% growth
Electronics, steel and infotech show buoyant performance: CII More

`Country needs rapid industrialisation'
It is only through rapid industrialisation that we can find meaningful solutions to the problems of mass unemployment and underdevelopment, said the Prime Minister, Dr Manmohan Singh. While inaugurating the Institute for Studies in Industrial ... More

Export growth sees slowdown in March
Rupee appreciation a cause for worry, say exporters More

Direct transfer of funds to local self-govt bodies mooted
Study suggests steps for efficacy of decentralised planning More

FOREIGN TRADE
Australia finds Indian pharma, IT attractive
Keen on expanding the scope of economic collaboration More

Border trade with China resumes at Nathula
Thirteen Indian traders entered the Tibet Autonomous Region (TAR) of China at 11 a.m. today from the Nathula point in East Sikkim, 14,800 ft above sea level, marking the start of the second season of border trade with China. The Indian traders ... More

At Nathula
Opening up: Indian traders completing Customs and immigration formalities at the Nathula border trade outpost on Monday. Trading resumed on Tuesday. ... More

PETROLEUM
Dabhol pipeline: Gujarat concern over natural gas price rise
Mr Nitin Gadkari, President of Maharashtra unit of BJP, today said that the Gujarat Government fears a rise in the prices of natural gas in the state if all the imported natural gas at Dahej port is pumped to the Dabhol power plant in ... More

POWER
Ultra mega power projects may get delayed
Unlikely to be operational in the 11th Plan period More

STEEL
Steel producers mull hiking prices
After holding prices during April following intervention by the Government, major steel producers are now contemplating a price increase over the next few days. This could impact all categories of steel such as hot-rolled, cold-rolled, long ... More

TEXTILES
Textile sector attracted Rs 65,481 cr investment during 1999-2006: Study
Foreign direct investment continues to remain low More

SSI
Bank of Baroda may add more SME loan factories
Targeting higher business volume More

TRAVEL & PLACES
Japan simplifies visa procedure for Indians
Japan has introduced a simplified visa regime for Indians wanting to travel there, the Japanese Minister for Land, Infrastructure and Transport, Mr Tetsuzo Fuyushiba, said on Tuesday. "We have introduced a new visa system for passengers ... More

BREWERIES
Grape farmers in AP call for wine policy for higher price realisation
`If we have a wine policy, it would solve the marketing problem for the farmers.' More

RADIO/TV
Discovery leads English channels in viewership
The demand for alternative entertainment among Indian TV audiences is on the rise. The TAM all-India viewership data for the first quarter of 2007 shows that Discovery Channel has outdone all English language channels across genres such as ... More

EDUCATION
`Quota in higher education inevitable'
Mergers and acquisitions today are not just a "fashion of the day" but are indispensable for survival. More

`Adopt the right attitude to work and come out better'
Any job, however small or insignificant, should be approached with application and every employee should aim to excel in the job assigned to him or her. That was the message Mr Balakrishnan Shanmugham, Director, Global Workforce Management, ... More

Pearl biz school, Thailand institute sign agreement
The Pearl School of Business and Thailand's Asian Institute of Technology have signed an agreement to offer Doctorate in Business Administration in India. The three-year course is designed for working managers and entrepreneurs and would ... More

ELECTRICAL GOODS
`Bulb manufacturers polluting environment'
Greenpeace calls for banning use of incandescent bulb More

REAL ESTATE & CONSTRUCTION
AP plans to net Rs 500 cr from construction cess
The Andhra Pradesh Government expects to generate Rs 500 crore annually by levying one per cent cess on all civil construction in the State. This move follows a decision to levy cess with the implementation of Andhra Pradesh Building and Other ... More

KNITWEAR & HOSIERY
Knitwear exporters' concern over rising rupee
Tirupur knitwear exporters say the strengthening rupee is a worry despite the higher growth rate clocked by them in exports. Knitwear exports from Tirupur during 2006-07 had registered a 25 per cent growth at Rs 11,000 crore. But the rupee ... More

MINING & QUARRYING
AP eyes Rs 1,750-cr revenue from mines
Awaits Centre's nod for Jindal Aluminium project More

WTO
India, European Union upbeat on free trade pact prospects
`Economic cooperation will be a win-win situation for India' More

TRADE & LABOUR UNIONS
Shrama Shakti award
Mr K. Narasimha, General Secretary of Employees Union, Biological E. Ltd, has bagged Shrama Shakti Award of the Labour Department, Government of Andhra Pradesh. The Chief Minister, Dr Y.S. Rajasekhara Reddy, presented the award ... More

EVENTS
Labour Day
UNITED WE STAND: CITU members taking out a rally to mark May Day in Bangalore on Tuesday.

More

Labour Day
UNITED WE STAND: Indian Federation of Trade Union (Delhi State) workers during May Day rally at Jantar Mantar in New Delhi on Tuesday. They were protesting against the privatisation policy. ... More

Pune hosting construction industry expo
Leading construction equipment manufacturers and technology developers from Korea, China, Malaysia, Germany, Italy, Canada, Holland, Denmark and Dubai will be showcasing their products at Constro 2007, organised by the Pune-based Pune ... More

Labour day
RALLYING POINT: The Labour Progressive Front (LPF) wing taking out a May Day Rally in Chennai on Tuesday.

More

Tribute to martyrs
VICE-ADMIRAL RAMAN PREM SUTHAN, Flag Officer Commanding-in-Chief of Eastern Naval Command, paying tributes at the Navy War Memorial in Visakhapatnam on Tuesday after the wreath-laying ceremony. He took over as CNC on ... More

Management award
Mohammed Yousuf More

Show of strength
More

EXPORTS & IMPORTS
`Cold chain infrastructure vital for agro exports'
Cold chain infrastructure remains the missing link in the process of agriculture, post-harvest storage and transportation in India, the Union Commerce and Industry Minister, Mr Kamal Nath, has said. Giving away the award instituted by ... More

Tuna exports may top 300 tonnes this year
FOCUS PAYS More

New IPR Rules soon for beefing up enforcement at borders
Based on model legislation drafted by Geneva-based organisation More

Row over Pakistan wheat exports resolved
No problems for imports by S. India flour mills More






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Union Budget 2007-08

Railway Budget 2007-2008

Economic Survey 2006-2007

Top Stories
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Sri Lanka tea output down

Discovery leads English channels in viewership

India, European Union upbeat on free trade pact prospects

Tuna exports may top 300 tonnes this year

Maruti posts 17% rise in sales

Jet set for Brussels hub

Looking back
Apr. 22-Apr. 28
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Apartment prices in for correction, say developers

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SEBI bars 7 brokers from share debut trading

Govt clears way for admissions in IIMs

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IOC-IBP merger plan may be cleared soon



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