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INDUSTRY & ECONOMY
POWER:
‘Nuclear power will be competitive’
Koodankulam supply may be priced at Rs 2.50 a unit. Chennai, Sept. 9 Electricity generated by nuclear power plants will be very competitive compared with thermal power stations located in the same region, according to Dr S.K. Jain, Chairman ...
EXPORTS & IMPORTS:
Sharp drop in export of iron through 3 east coast ports
Kolkata, Sept. 9 Iron exports through the three east coast ports of Paradip, Visakhapatnam and Haldia have sharply dropped mainly due to the slump in international price of ore, presumably caused by reduced Chinese buying. ...
CHEMICALS:
Rising molasses prices hit liquor, chemical firms
Manufacturers turn to imports now. New Delhi, Sept 9 The tight supply position in sugar is spilling over to molasses and rectified spirit, with prices going through the roof much to the discomfiture of liquor companies and alcohol-based ...
RURAL DEVELOPMENT:
All Bengal gram panchayats may have banking facilities soon
Committee to submit report to Govt by Sept 15. Kolkata, Sept 9 West Bengal’s Gram Panchayats (GPs) having no bank branches will soon have banking facilities extended to them if the recommendations of the committee on ‘Extension of ...
ECONOMY:
Evolve alternative methods to generate industrial data: PM
Centre, State collaboration vital for improving data quality. New Delhi, Sept. 9 The Prime Minister, Dr Manmohan Singh, on Tuesday said there is a need to evolve alternative methods of generating industrial data to handle the surge in ...
REAL ESTATE & CONSTRUCTION:
AP Govt to study options to cut taxes on apartments
Hyderabad, Sept. 9 With the overhead costs (taxes) increasing significantly for home buyers, the State Government has agreed to study the issue and see if it could reduce tax ...
SCIENCE & TECHNOLOGY:
Raman fellowship award
POWER:
‘NSG consensus implies recognition of India’s stature’
Australia keen on providing tech training. Chennai, Sept. 9 The consensus at the Nuclear Suppliers Group (in allowing its members to trade in nuclear material with India even though India is not a signatory of the Nuclear non proliferation ...
EDUCATION:
New batch joins AP aviation school
Hyderabad, Sept. 9 A new batch of 11 students joined the AP Aviation Academy on Tuesday, a day after the school’s two-seater trainer Cessna 152 crashed, resulting in the death of an instructor and a trainee. ...
EDUCATION:
Nobel laureate lecture series
Jawaharlal Nehru Technological University (JNTU) will be hosting the Honeywell-Nobel Laureate Lecture Series. Prof Claude Cohen-Tannoudji, Nobel Prize winner in Physics (1997), will deliver two lectures on Quantum Physics: From Basic Concepts to ...
FOREIGN TRADE:
India, Malaysia working on trade co-op pact
Kolkata, Sept. 9 India and Malaysia are working on a Comprehensive Economic Cooperation Agreement (CECA). Two rounds of negotiations have been completed and the third round would be held in Kuala Lumpur from October 13-15. ...
FOREIGN TRADE:
‘Indo-British trade, investment ties booming’
New Delhi, Sept. 9 Indo-British partnership for trade in goods and services, as also investment has never been better with many Indian companies increasingly realising that there is no restriction for them to working in, operating from or ...
RADIO/TV:
Tata Sky targets new subscribers with Rs 99 pack
New Delhi, Sept. 9 In search of newer audiences in smaller towns, DTH operator Tata Sky is introducing a new Rs 99 package — Super Hit Pack. The company said it is a “genuine” pack, a rupee cheaper from other such ...
NON-CONVENTIONAL ENERGY:
Maharashtra likely to alter tax sops for wind power projects
The Maharashtra Government could alter its sales tax incentives to the wind energy projects in the near future. It has found that a number wind projects have been setup only to take advantage of the ...
POWER:
Sneha Kinetic in pact with US co for power project in Sikkim
Hyderabad, Sept. 9 Sneha Kinetic Power Company has signed a memorandum of understanding with Synergics Energy Services, a US-based firm specialising in development of wind and hydro ...
HEALTH:
Dettol initiative to improve hygiene awareness
Chennai, Sept. 9 Think you are safest at home, insulated from an assault of germs from the dirty streets outside? ...
INVESTMENTS:
TN Govt plans new Act to cut red tape
Chennai, Sept. 9 The Tamil Nadu Government is planning to come out with a new Act - Business Facilitation Act – that will facilitate business and industry units to start their operations after completing various formalities including ...
ENVIRONMENT:
EU keen to work with domestic cos on emission norms
New Delhi, Sept. 9 The European Union is willing to extend support and exchange know-how with the domestic auto industry on the stringent emission norms being adopted within the EU. ...
TWO/THREE WHEELERS:
Ultra Motors, Hero Motors slash prices
New Delhi, Sept. 9 Electric two-wheeler companies like Ultra Motors and Hero Motors have slashed prices of their vehicles in the range of Rs 8,000-9,000 as the Delhi government has offered a 15 per cent subsidy on the sales price and a 12.5 ...
TOURISM:
Hit by strike
POWER:
KSEB seeks further supply curbs
Thiruvananthapuram, Sept. 9 The Kerala State Electricity Board (KSEB) has filed a petition before the State Electricity Regulatory Commission (SERC) seeking further restrictions on power supply, including one-hour load-shedding during ...
EVENTS:
ITPO, Codissia sign pact to organise trade fairs
Coimbatore, Sept. 9 India Trade Promotion Organisation (ITPO) has for the first time signed up with Coimbatore District Small Industries Association (Codissia), an industry association, to build the strength of both these organisations, ITPO ...
NATURAL CALAMITIES:
Tatas to start relief work in Bihar
Mumbai, Sept. 9 Tata Steel will construct 50 semi-permanent relief shelters in the flood-affected areas of Bihar. About 100 employees of the company have volunteered to travel to the devastated areas and help relief operations. ...
TOURISM:
Kerala Travel Mart to begin on Sept 20
The four-day Kerala Travel Mart 2008, which is to begin in Kochi on September 20, will have over 300 exhibitors and 1,300 buyers. ...
TERRORISM:
‘Response to terrorism policy good’
Coimbatore, Sept. 9 Click2insure.in has provided terrorism policy for free to about 16,000 applicants since its launch in ...
EVENTS:
Electronics fair from tomorrow
ECONOMY:
Off-budget liabilities pose challenges to fiscal operations
Close on the heels of the cautionary observations of the Prime Minister’s Economic Advisory Council on the burgeoning growth of off-budget liabilities of the Government, the central bank has said that this might upset the fiscal ...
ECONOMY:
Keynes poised to come back?
Over the weekend, it ‘nationalised’ the two federally-sponsored housing mortgage financing institutions, Fannie Mae and Freddie ...
PETROLEUM:
Indian crude basket may range between $99-$101/barrel
New Delhi, Sept. 9 Easing of the global crude oil prices could result in decline in prices at which India buys its crude to below $100 a barrel. ...
COAL:
NCDEX thermal coal futures
National Commodity and Derivatives Exchange (NCDEX) plans to launch futures trading in thermal coal from Wednesday. Initially, the October, November and December contracts will be available for trading and subsequent new contracts would be ...
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