The Hindu Business Line : Tuesday, July 08, 2008

POWER: SPin on the nuke deal
The general rule of thumb is that those who stay in glass houses should not throw stones. But try telling this to our politicians! All hell has broken loose following the Congress successfully roping in the Samajwadi Party to not only support the ...

EXPORTS & IMPORTS: ‘Stop exports of tea not meeting quality standards’
Board urged to invoke regulatory powers following payment issues. Kolkata, July 7 Mr Jairam Ramesh, Union Minister of State for Commerce, on Monday urged the Tea Board to invoke its regulatory powers to stop exports of tea not conforming to ...

POWER: No view yet on pvt sector entry into nuclear power generation
Let us cross the nuclear deal hurdle first, says PM. Sapporo, July 7 The Government is yet to take a view on whether it will allow the private sector to set up nuclear power plants once the international civil nuclear cooperation deal is put ...

NON-CONVENTIONAL ENERGY: Wind power industry upbeat on generation incentive
Expected to attract global investors; cos seeking clarifications. Chennai, July 7 A 50-paise-a-unit generation incentive announced recently by the Ministry for New and Renewable Energy, over and above what State utilities pay as tariff, has ...

OUTSOURCING: Reverse outsourcing: Indian cos take the lead
Indian companies seem to be at the forefront of the reverse outsourcing trend, with the total employment generated by domestic entities in the US touching around 30,000. ...

POWER: Manmohan lines up meetings with leaders to garner support for n-deal
Hopes to get approval of Nuclear Suppliers Group members. Sapporo, July 7 Three years after persuading the US President, Mr George W. Bush, to agree to a nuclear deal with India, and then protractedly engaging with the Left parties to secure ...

EXPORTS & IMPORTS: Govt mulls withdrawing import duty on cotton
Bangalore, July 7 The Government is considering a proposal to withdraw import duty on cotton, said Mr Shankersinh Vaghela, Union Minister for Textiles. ...

PSU: 27 Kerala PSUs earn profits in 2007-08
As many as 27 public sector undertakings (PSUs) under the Kerala Industries Department posted profits in 2007-08 as against just 12 two years ago, according to the Minister for Industries, Mr Elamaram ...

CARS: Car buyers will have to pay more on select models
Cos reduce promotional offers due to rising input costs. New Delhi, July 7 Car buyers may have to shell out more money for buying certain models as companies have cut down on their discounts. ...

ECONOMIC OFFENCES: Central vigilance panel to strive for more transparency
Hyderabad, July 7 The Central Vigilance Commission is looking at leveraging the use of technology to bring about more transparency and objectivity in the ...

CLIMATE & WEATHER: ISRO signs climate data access pact with CNES
The Indian Space Research Organisation (ISRO) and its French counterpart CNES (Centre National d’Etudes Spatiales) have agreed to allow scientists free access to data from their joint tropical climate study satellite, Megha Tropiques. ...

POWER: Bengal Power Corp units to become operational soon
Kolkata, July 7 West Bengal may expect to get the much needed relief from frequent power cuts in next couple of weeks. West Bengal Power Development Corporation (WBPDCL) — the State’s power generation utility – is expecting ...

INFRASTRUCTURE: Sikkim set to sign pact for underground expressway
Gangtok, July 7 Sikkim is all set to ink an agreement for construction of an underground expressway. An MoU to this effect will be signed on July 15 here between the State Government and Star Universal Resource ...

ECONOMY: Inflation is likely to remain high in the near term
In India, many of the underlying factors driving inflation are not from the domestic side but from the external side. And it's very difficult to believe that monetary policy by itself can combat inflation.. Dr Mansoor Dailami, Manager, ...

MEDICAL INSTITUTIONS & HOSPITALS: The great fall
Of all the professions that have evolved through centuries in the service of mankind, the one that has markedly fallen low from its high pedestal is the doctor’s. Greatly respected and held in high esteem even until the 1950s, they were ...

PHARMACEUTICALS: New Department of Pharmaceuticals formed
New Delhi, July 7 The Government has set up a new department under the Ministry of Fertilisers, Chemicals and Petrochemicals. Called Department of Pharmaceuticals (DoP), it will solely look after the pharmaceutical sector. Till now ...

PETROLEUM: A pot shot at global financial institutions on oil price rise
The Prime Minister, Dr Manmohan Singh, has taken the international finance institutions to task for not performing their duty to alleviate the problems caused by high oil ...

ECONOMY: Getting the measure of inflation
The government’s move to construct a new consumer price index (CPI) for urban India, replacing the CPI for urban non-manual employees (UNME), has not come a moment too soon. The Reserve Bank of India Governor, Dr Y V Reddy, has rightly ...

EDUCATION: Honorary doctorate

HEALTH: Suven to present key biology data on Alzheimer’s
Hyderabad, July 7 Hyderabad-based Suven Life Sciences will make presentations on its portfolio of new chemical entities (NCEs) in tackling Alzheimer’s disease at the upcoming International Conference on Alzheimer’s Disease ...

COURTS/LEGAL ISSUES: HC dismisses plea against current season sugarcane SAP
Chennai, July 7 The Allahabad High Court on Monday dismissed a writ petition challenging the State Advisory Price (SAP) fixed by the Uttar Pradesh Government for the sugarcane supplied by the farmers to the ...

PETROLEUM: Cairn inks pact with Lanka to explore oil & gas
Cairn India Ltd (CIL) has signed the petroleum resources agreement with Sri Lanka for exploration licence to explore oil and natural gas in the Mannar Basin. ...

EXPORTS & IMPORTS: Tea exporters earn Rs 32 cr more during Jan-April
Coonoor, July 7 Tea exporters have earned Rs 32 crore more in the first four months of the current calendar over last year, an analysis of the latest information available with the Tea Board reveals. ...

ENTREPRENEURSHIP: Plea to entrepreneurs

TYRES: Tyre dealers’ body election
The Hyderabad Tyre Dealers’ Association has said that Mr Dilip Kumar Dhariwal of Dhariwal Bros was elected President of the association for 2008-09 and 2009-10. ...

EXPORTS & IMPORTS: Incentive for soyameal exports questionable
Mumbai, July 7 The country’s oilseed-based trade and industry never ceases to be in the news, often for the wrong reasons. ...