The Hindu Business Line : Sunday, May 27, 2007

COURTS/LEGAL ISSUES
US court allows ICFAI's CFA charter
Over 4,000 candidates who have obtained CFA charter from ICFAI can apply for jobs now in the US, Canada More

ECONOMY
`Raise infrastructure investment'
India needs to scale up investment on infrastructure to 9 per cent of gross domestic product (GDP) from the current level of below 5 per cent, in order to meet the economic growth target of 9 per cent during the 11th Plan, the ... More

Household, corporate savings seen rising on income growth
Strong domestic resource base the reason, says report More

Establishing identity
PILOT PROJECT: Mr Hukam Singh, 97, the seniormost citizen to receive the Multipurpose National Identity card under a pilot project at Pooth Khurd village, Narela in Delhi on Saturday. The project plans to provide two million cards to people above ... More

PSU
`PSEs must develop own expertise'
Public Sector Enterprises (PSEs) need to develop their own expertise and skills to ably invest their huge reserves and surpluses, Dr S.M. Dewan, Director General, SCOPE, has said. Inaugurating a workshop on `Real Options in ... More

PETROLEUM
Ministry plans talks on size of oil bonds
The Petroleum Ministry plans to begin discussions with the Finance Ministry on the size of the oil bonds for the current fiscal to be issued to oil marketing companies to compensate them for the losses suffered on the sale of four petroleum ... More

The dynamics of crude oil
In recent times, WTI has been trading at a heavy discount to Brent, which is seen as a broken benchmark. For India, this means a spurt in the oil import bill and inflationary tendencies. More

POWER
Dabhol to continue using naphtha
The Centre plans to operate two units of the Dabhol power project on naphtha until it obtains gas next year, the Union Power Minister, Mr Sushil Kumar Shinde, said. The Dabhol project, now re-christened as Ratnagiri Gas and Power ... More

TAXATION
`Industry must debate transition to Goods and Services Tax regime'
No consensus on collection yet: CBEC More

SSI
Vijaya Bank MoU with Crisil
Public sector Vijaya Bank has signed a memorandum of understanding with Crisil. A bank release said here today that the MoU was for credit rating of micro, small and medium borrowers of the bank. Rated borrowers would be able to ... More

RADIO/TV
French Open live on ESPN STAR Sports
ESPN STAR Sports will be telecasting the French Open 2007 live. The exclusive telecast from Roland Garros, Paris, starts on Sunday and will showcase the event for the next two weeks. According to Mr R.C. Venkateish, ESPN Software India, the ... More

EDUCATION
CFA Institute offers students a refund of $300
Allows them to take the exam in centres outside India More

REAL ESTATE & CONSTRUCTION
`Consolidation time for B & C realty players'
Customers should invest 30-40 per cent of their own money into the cost of the home. This way, the impact on EMIs during interest rate increases will not be significant. — MR J.C. SHARMA, MD., SOBHA DEVELOPERS More

Simplex Infra plans realty foray with foreign investors
No idea for subsidiary co; specific jt ventures favoured More

EXPORTS & IMPORTS
Shantha Biotech plans export to more countries
High-speed vaccine vial filling facility opened More

HPCL plans 13.5-mt crude import
Hindustan Petroleum Corporation Ltd (HPCL) plans to import around 13.5 million tonne (mt) crude oil in the current financial year. "Our imports will rise from 12.5 mt in 2006-07 to 13.5 mt this fiscal," said the HPCL Chairman and ... More