The Hindu Business Line : Friday, September 04, 2009

INDUSTRY & ECONOMY

WTO: Lamy hopes Delhi meet will map out closure of Doha Round
New Delhi, Sept. 3 The World Trade Organisation Director-General, Mr Pascal Lamy, on Thursday hoped that the Delhi mini-ministerial meeting will be the “beginning of the endgame” for the protracted Doha Round of multi-lateral talks ...

ECONOMY: Domestic consumption holds the key to India’s turnaround
Private domestic consumption as share of GDP higher than China’s. New Delhi, Sept 3 India’s domestic consumer goods and services market is now close to half of China’s in terms of sheer size, even though India’s GDP is ...

ECONOMY: The truth about rising prices
It has become something of a ritual. Statistics showing that inflation is yet in negative territory; and predictions telling us that this scenario will come to an end once the base effect have ...

PEOPLE: A saga of challenge and determination
Hyderabad, Sept. 3 Dr Yeduguri Sandinti Rajasekhara Reddy, who turned 60 in July, lived a life of challenge, grit, determination and set his own terms, both in his political and daily life. But in the end, fate snatched him away under ...

ECONOMY: AP makes rapid strides during YSR regime
Hyderabad, Sept. 3 He was rated amongst the most powerful and efficient Chief Ministers in the country. The State he ruled — Andhra Pradesh, was in the top few States in terms of development according to ...

INDUSTRY ASSOCIATIONS: Corporate world will miss a man of humility, simplicity
Hyderabad, Sept. 3 The corporate world was shocked with the demise of the Chief Minister, Dr Y. S. Rajasekhara Reddy, ...

PEOPLE: Gloom descends on Twin Cities
Hyderabad, Sept. 3 Five bulletproof, black Scorpios, a jammer and scores of policemen are a familiar sight at the Chief Minister’s Camp Office and residence in Begumpet. On Thursday, there were also thousands of ...

PEOPLE: A tough rescue operation
Hyderabad, Sept. 3 The search and rescue operation launched to locate the chopper carrying the Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, was one of the biggest in the ...

PEOPLE: DGCA to probe crash
New Delhi, Sept. 3 The Directorate-General of Civil Aviation (DGCA) is to set up a Commission of Inquiry into the helicopter crash that claimed the life of the Andhra Pradesh Chief Minister, Dr Y. S. Rajasekhara Reddy and ...

WTO: Doha solution not yet in sight: Sharma
Flays assumption that most issues have been settled. New Delhi, Sept. 3 India today unequivocally said that the “negotiating gaps” in the texts of modalities on agriculture and industrial tariffs to liberalise global trade in these ...

AUTOMOBILE COMPONENTS: Auto component makers revive investment plans
Spurred by growth in passenger cars and two-wheelers. New Delhi, Sept. 3 Auto component makers have started to reinvest in plants that had been put on hold due to the ...

PETROLEUM: Experts to look at petro product pricing policy
New Delhi, Sept. 3 The Government has set up an expert group to examine the pricing policy of petrol, diesel, PDS kerosene and domestic LPG, and to recommend a viable and sustainable ...

EVENTS: Govt to consider specialised schemes for auto SMEs
New Delhi, Sept. 3 The Ministry of Heavy Industries and Public Enterprises is considering the feasibility of specialised schemes for financing of SMEs in the auto-component ...

EDUCATION: Subhendu Moitra, Vice-President, SBI Capital Markets; IIPM, Kolkata
Kolkata, Sept. 3 Public private partnership (PPP) in water, among other infrastructure projects, is the need of the hour as investments in water projects has been minimal, according to Mr Subhendu Moitra, Vice-President, SBI Capital ...

HCV/LCV/TRACTORS: Truck sales rise 13% in August
Kolkata, Sept. 3 Having posted an 8 per cent growth in July after almost a year, truck sales (including multi-axletrailers) increased by 13 per cent to 17,549 units in August compared to the same period last year, according to the ...

EVENTS: IMI finance summit today
The International Management Institute (IMI) will be organising its annual two-day finance summit, with the theme ‘Valuation of Equity’, starting Friday. According to IMI, ‘Prahelika 09’ summit will include an ...

TAXATION: CII for a rethink on proposed gross assets tax
New Delhi, Sept. 3 The Direct Taxes Code proposal to levy gross assets tax needs a rethink, especially in the context of current economic slowdown as any such move should not lead to discouragement of investments, the Chairman of CII ...

READYMADE GARMENTS: Apparel retailers ready to woo customers after Q1 numbers
Bangalore, Sept. 3 Apparel retailers, who witnessed a turnaround in the first quarter of this year, are bullish about the road ahead and are sewing plans to woo ...

HOTELS: LIC to develop hotel in Chennai
Chennai, Sept. 3 Life Insurance Corporation south zone expects to develop a hotel on the 2.8 acres of property it has in Pallavaram, in Chennai. This would be the first property to be developed as a hotel. LIC has so far developed property ...

SOCIAL SECURITY: India signs pact with Switzerland on employee social security
New Delhi, Sept. 3 India and Switzerland on Thursday signed a Social Security Agreement that will not only enhance cooperation in social security but also facilitate the movement of professionals between the ...

TAXATION: Rise in direct tax mop-up in April-August
New Delhi, Sept. 3 The Centre’s net direct tax collections grew 4.12 per cent in April-August 2009 to Rs 87,888 crore (Rs ...

ECONOMIC OFFENCES: Documents on funds siphoned off from Maytas identified
The Government-nominated directors of Maytas Properties have identified documents on Rs 220 crore of the company’s money that was “siphoned off” ...