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Thursday, September 03, 2009
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INDUSTRY & ECONOMY

PHARMACEUTICALS: Retail sale of swine flu drug ‘not a done deal’
Mumbai, Sept. 2 There is no clarity on whether anti-viral medicine Oseltamivir will indeed be sold at retail chemists in another two weeks, due to mixed signals from the Union ...

STEEL: HR coil prices move up again
New Delhi, Sept 2 Prices of hot rolled steel are on the rise again, with leading steel makers increasing rates this month. Steel Authority of India (SAIL) has increased its prices in flat products by about Rs 1,500 this month. According to ...

EDUCATION: Bankers wary of collateral-free education loan scheme
Repayments seen affected by economic slowdown, slump in job markets. Mumbai, Sept. 2 Collateral-free education loans given by banks under the ‘model education loan scheme for students to pursue higher studies’ has bankers a bit ...

FOREIGN TRADE: ‘India, Canada to sign investment, partnership pact’
Kolkata, Sept. 2 India and Canada will sign the Foreign Investment Promotion and Protection Agreement (FIPA) in 2009, according to Mr Gerald Keddy, Parliamentary Secretary to Minister of International Trade, Government ...

TOURISM: Tourism convention begins today
Bangalore, Sept. 2 The 25th annual convention of the Indian Association of Tour Operators (IATO), to be held in Bangalore from September 3-5, will be inaugurated by the Governor of Karnataka, Mr H.R. ...

CEMENT: Cement sales fall in Aug as demand slows
Mumbai, Sept. 2 Cement demand seems to have tapered off in August with the onset of the monsoon and slowing down of activity in the real ...

HEALTH: Two die of swine flu in AP
Andhra Pradesh, which registered one of the first cases of influenza A (H1N1) in the country, reported two deaths, with two men succumbing to the virus. Addressing a press conference here on Wednesday, Mr Navin Mittal, Hyderabad District ...

INFRASTRUCTURE: Meet on infrastructure finance
Mr Subhendu Moitra, Vice-President and Head, Project Advisory and Structured Finance, SBI Capital Markets Ltd, Kolkata, will speak on Thursday, on “Financing Infrastructure Projects Under PPP (Public Private Partnership) Model” at ...

PETROLEUM: India moving towards open acreage licensing system
India is moving gradually but inexorably towards the Open Acreage Licensing System (OALP) from the current New Exploration Licensing Policy (NELP), the Minister of State for Petroleum and Natural Gas, Mr Jitin Prasada, said at the ...

EDUCATION: Adani infra management institute to open on Sept 7
Ahmedabad, Sept. 2 The Adani Group-promoted Adani Institute of Infrastructure Management (AIIM) will start the first batch of one-year course in Post-Graduate Program in Infrastructure Management (PGPIM), near here on ...

GEMS & JEWELLERY: Tanishq opens largest jewellery store in Chennai
Chennai, Sept. 2 Titan Industries is planning a Rs 100-crore capital expenditure during the current financial ...

ENVIRONMENT: India’s greenhouse gas emission to be low till 2031: Report
The country’s per capita emission of Greenhouse Gases (GHG) will continue to be low until 2030-31, and it is estimated that the per capita emission in 2031 will be lower than per capita global emission of GHG in 2005, a new study ...

STEEL: SAIL waiting for tax sops from Bengal govt
New Delhi, Sept. 2 Steel Ministry sources are disappointed with the West Bengal’s delay in offering tax incentives to ...

WTO: Without agreement on sectorals, Doha Round may not conclude, says Australian Trade Minister
New Delhi, Sept. 2 The Australian Minister of Trade, Mr Simon Crean, said on Wednesday that it will not be possible to successfully conclude the Doha Round talks of the World Trade Organisation (WTO), unless a proposal that calls for ...

SSI: Fewer small units close shop, but more report sick: Survey
New Delhi, Sept 2 Closure amongst registered Micro, Small and Medium Enterprises (MSMEs) has decreased to 21.64 per cent in 2006-07 from 39 per cent ...

CLIMATE & WEATHER: Bund up to the rim
...

EXPORTS & IMPORTS: Moradabad SEZ exports up 27.5%
New Delhi, Sept. 2 Global economic downturn has bogged down the trade world ...

NON-CONVENTIONAL ENERGY: Solkar, Exnora to provide million solar lamps for the poor
Chennai, Sept 2 Solkar Solar Industry Ltd and Exnora International will jointly launch a programme to enable donation of one million solar powered lamps countrywide to ...

POWER: Stone laying for NTPC-BHEL project put off to Sept 17
The proposed visit of the Prime Minister, Dr Manmohan Singh, to lay the foundation stone for the NTPC-BHEL joint venture power project at Mannavaram in Chittoor district of Andhra Pradesh has been put off to ...

MINING & QUARRYING: S. Africa keen on sourcing mining equipment from India
Kolkata, Sept. 2 South Africa is keen to source from India on long-term basis mining equipment such as mills and accessories, balls and liners, conveyor belting and conveyor systems, pumps, valves, bearings and ropes, wires and cables, ...

ENVIRONMENT: UN calls for ‘global new deal’ to address climate challenge
As an integration of climate and development agendas risks widening the divide between developed and developing countries with both blocs refusing to budge from their stance, the United Nations aptly argues that addressing the climate ...

WTO: Up in arms
...

Columnists: B Venkatesh C Gopinath Bhanoji Rao P.V. Indiresan




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Markets (Sept 2)
Nifty (at close)4,608.35(-17)
US Dollar (Buy/Sell)48.96/97
Brent crude (a bbl) Rs3,361
Gold (a gram) Rs1,418
Silver (a kg) Rs25,630


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