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   Economy

• Enhance Our Institutions (Deccan Herald, L K Sharma , May 31, 2005)

The IIT graduates, who assembled in Washington from all over the world, celebrated their mother institutions that changed the way India is seen.
• Take Bold Measures (Deccan Herald, Editorial, The Deccan Herald, May 31, 2005)

The clarion call given by Prime Minister Manmohan Singh to push forward much needed reforms in the power sector is not only encouraging but also timely. He has also expressed concern over mounting losses incurred by State Electricity Boards (SEBs).
• France Says No To Eu Constitution (Deccan Herald, Reuters, May 31, 2005)

France overwhelmingly rejected the European Union’s Constitution in a referendum on Sunday, pollsters’ projections showed, plunging the EU into crisis and dealing a possibly fatal blow to a pact designed to make it run smoothly.
• Court Dismisses Petition Against Sun Tv's Dth Application (Hindu, A. Subramani , May 31, 2005)

No public interest in the petition, and no public injury caused' -------------------------------------------------------------------------------- Petition premature as licence yet to be granted Sun TV only one among many DTH applicants
• One Europe Dream In Tatters (Deccan Herald, Correspondent or Reporter, May 31, 2005)

Brussels is shell-shocked over the French verdict although it was not unexpected
• Kudremukh Park And Naxals (Deccan Herald, PRAVEEN BHARGAV, May 31, 2005)

Opposition to the Kudremukh National Park on the pretext of fighting Naxals will only help vested interests
• `Lohia Thought Like Basaveshwara' (Hindu, Correspondent or Reporter, May 30, 2005)

Constitution reflects many of the reformer's teachings: Fernandes
• India Poised For A New Telecom Innovation (Hindu, SANDEEP DIKSHIT, May 30, 2005)

The breakthrough technology is expected to solve C-DoT's funding problems -------------------------------------------------------------------------------- Alcatel tie-up will take care of the rural sector's requirements. ------------------
• The Suzuki Swift (Hindu, TUTU DHAWAN, May 30, 2005)

The car incorporates all features found in more expensive models
• On The Trail Of The Rozgar Adhikar Yatra (Hindu, Meena Menon, May 30, 2005)

Participants confront injustice in backward areas HARDA (MADHYA PRADESH): Shankar Singh of Mazdoor Kisan Shakti Sanghatan (MKSS) has a way with children in his popular puppet show,
• The Bhel Disinvestment (Hindu, Jayati Ghosh, May 30, 2005)

The UPA Government has gone back on its promises in disinvesting equity in BHEL.
• A New Fortification Mentality In America" (Hindu, Correspondent or Reporter, May 30, 2005)

Margaret Leviis the current president of the prestigious American Political Science Association and Jere L. Bacharach Professor of Political Science and International Studies at the University of Washington, Seattle.
• Tata Tele To Invest Rs 2,500 Cr In Fwp (Deccan Herald, Correspondent or Reporter, May 30, 2005)

The company has ensured a locking system in its fixed wireless phone so that the government guidelines are not violated.
• Pm Calls For More (Deccan Herald, Correspondent or Reporter, May 30, 2005)

The UPA government has deferred the date for restructuring SEBs for the second time following pressure from the Left.
• Wb Govt To Close 29 Loss-Making Psus (Deccan Herald, Correspondent or Reporter, May 30, 2005)

While party comrades in Delhi cry hoarse over the Centre’s economic policies, the Buddhadev Bhattacherjee government in West Bengal is determined to close at least 29 perpetually loss-making state-owned companies and corporations in the next two years . .
• The Mystery Of Capital (Indian Express, Correspondent or Reporter, May 30, 2005)

SEBI’s order on UBS is a dangerous case of anniversaryitis ILA PATNAIK The SEBI order against the Swiss FII, UBS, on the grounds that it did not cooperate in the investigation into the events of May 17, 2004 came exactly on
• Sir Creek: Troubled Waters Refuse To Settle Down (Deccan Herald, CP Bhambri, May 30, 2005)

Failure to clearly demarcate the boundary, means fishermen of both nations run the risk of getting caught for fishing in each other’s waters.
• Bangalore Blue’ Glut Prompts Dry Law Rethink (Deccan Herald, Correspondent or Reporter, May 30, 2005)

The harvest has made policy-makers rethink the law that forbids production of alcohol in Mizoram. The government realizes that utilizing the crop will boost the economy.
• Fears Over New Grouping Of Small And Medium Units (Hindu, DE. RAMAKRISHNAN , May 30, 2005)

Graduation of units to SMEs will have to be gradual
• French In Brisk Turnout (Deccan Herald, Reuters, May 30, 2005)

Final opinion polls showed President Jacques Chirac’s gamble on a referendum rather than a safe vote in parliament is in danger of failing.
• 18% Of Rain-Fed Cereal May Be Lost (Hindu, GARGI PARSAI, May 29, 2005)

Climate change may lead to reduction in area under farming, says FAO report
• Nation Facing `Economic Balkanisation': Economist (Hindu, Correspondent or Reporter, May 29, 2005)

`Centre using Finance Commission as an instrument of coercion'
• Honey, The State Has Made It (Hindu, Correspondent or Reporter, May 29, 2005)

Many countries looking to India for supply BANGALORE: With one-third of the total honey produced in India coming from Karnataka, an increasing number of foreign countries are looking to India for their supply.
• Live Positive (Hindu, Meena Menon, May 29, 2005)

While testing HIV positive certainly does not mean death, the fact is that the needs of those infected have to be better assessed and understood
• Renowned Healer (Hindu, SUDHA NAMBUDIRI , May 29, 2005)

Little is known of Vaidyaratnam Moossad, though he was a legend in his time.
• Whither Sindhudurg? (Hindu, Mahesh Vijapurkar, May 29, 2005)

It was meant to be Maharashtra's answer to Goa. But why hasn't Sindhudurg taken off?
• Epf Rate : It Is 9.5% For 2004-05 (Hindu, Correspondent or Reporter, May 29, 2005)

The consequent Rs. 716.07-crore deficit to be met from the Special Reserve Fund
• Planning Commission For Discontinuation Of Css (Deccan Herald, Correspondent or Reporter, May 29, 2005)

The Central government spends Rs 39,000 crore per year on 200 CSSs and a portion of the amount is given to the states as grants.
• Pm Says 'No' To Free Power (Deccan Herald, Correspondent or Reporter, May 29, 2005)

Alarmed over the darkness that was literally enveloping the nation, the Prime Minister said the need of the hour is to generate more power.
• Pf Interest Rate Fixed At 9.5 Pc (Deccan Herald, Correspondent or Reporter, May 29, 2005)

For the second time the EPF Board will bank on its reserves to offset the deficit due to the high rate of interest fixed for 2004-05.
• A Bunch Of Old Letters — An Introduction (Hindu, Editorial, The Hindu, May 29, 2005)

Penguin India is republishing in May 2005 a remarkable collection of letters selected and edited by Jawaharlal Nehru and first published by Asia Publishing House in 1958.
• Experts Warn Of Hunger Deaths In Andaman & Nicobar (Deccan Herald, Correspondent or Reporter, May 29, 2005)

The report submitted by the team has suggested setting up of community food banks and launching of food for work programmes.
• Three Killed In Orissa Maoist Attack (Deccan Herald, Correspondent or Reporter, May 29, 2005)

In a fresh act of violence by Naxalites in Orissa, armed Maoists gunned down three people at Barada village under Jujumara police station in western Sambalpur district late on Friday night. Four others sustained serious injuries in the attack
• Manmohan: Free Power For Farmers Is An Obstacle (Hindu, Kanwar Yogendra , May 29, 2005)

JHAKRI (HIMACHAL PRADESH): Free power supply to farmers is an obstacle to making the country self-reliant, Prime Minister Manmohan Singh said on Saturday. He was dedicating the 1,500-MW Nathpa Jhakri power project to the nation here
• Natural Gas Prices To Be Hiked For Industrial Consumers (Hindu, Correspondent or Reporter, May 28, 2005)

NEW DELHI: The Union Government has decided to revise prices of natural gas supplied to power and fertilizer units on an ad hoc basis from Rs. 2,850 per thousand standard cubic metres per day (scmd) to Rs. 3,200 per thousand scmd.
• "Delay In Replacing Submarine Fleet A Serious Matter" (Hindu, ARUNKUMAR BHATT, May 28, 2005)

Admiral Prakash calls upon shipyards to increase their production -------------------------------------------------------------------------------- Ageing submarines to start retiring from 2012 Pakistan, Myanmar, Thailand acquiring modern
• Oil Retailers, Isma To Sign Pact On Ethanol Supply (Hindu, Correspondent or Reporter, May 28, 2005)

Technical, administrative and logistics issues sorted out NEW DELHI: Oil retailing firms and Indian Sugar Mills Association will sign an agreement next month for supply of ethanol doped petrol in ten states and four Union Territories from July.
• Kashmiri Photojournalist Bags 3 Awards (Hindu, Correspondent or Reporter, May 28, 2005)

MUMBAI: Photographers from the Kashmir Valley made their presence felt in the city on Friday at the Mumbai Press Photo Contest 2005
• Ge Targets $5 B Revenue (Hindu, Correspondent or Reporter, May 28, 2005)

Keen to work with the government to resolve Dabhol issue MUMBAI: India is on the threshold of a strong growth cycle and General Electric Company (GE) expects its revenues in India to jump from $800 million this year to over $5 billion by 2010
• Development Of Infrastructure Ignored' (Hindu, Nagesh Prabhu , May 28, 2005)

`The Government is neither pro-urban nor pro-rural. It finds itself between two stools'
• People Not Too Happy With Performance (Hindu, K.N. Venkatasubba Rao , May 28, 2005)

The onus for the state of affairs lies equally on the Opposition Bharatiya Janata Party'
• A Positive Turn In Assam (Hindu, Editorial, The Hindu, May 28, 2005)

The tripartite ceasefire agreement among the Centre, the Assam Government, and the National Democratic Front of Bodoland is one more incremental step towards the settlement of an issue that has added to the unrest and violence in the State and more . . .
• No Welcome For Them In Assam (Hindu, Sushanta Talukdar, May 28, 2005)

The influx of illegal Bangladeshi migrants has again taken centre stage
• Clinton: India Has Done Commendable Relief Work (Hindu, Correspondent or Reporter, May 28, 2005)

Praises relief work at multiple levels of governance CHENNAI: : India has done "a very good job of providing its own financing" and helping its neighbours in the aftermath of the tsunami, the former U.S. President and Special Envoy of the Uni
• An Opportunity For The Devastated Islands (Hindu, P.C. Kesavan and K.Balasubramanian, May 27, 2005)

The forests and mangroves of the Andaman and Nicobar Islands must be used in a sustainable manner for the livelihood security of the local community
• Government To Divest 10 Per Cent Equity In Bhel (Hindu, SUSHMA RAMACHANDRAN , May 27, 2005)

Contradictory to CMP commitments: Left -------------------------------------------------------------------------------- Left consulted: Chidambaram `In the spirit of common minimum programme' Government holding will fall to 57.72 p.c.
• Clinton Appreciates India's Efforts In Checking Aids (Hindu, Aarti Dhar, May 27, 2005)

"Lack of healthcare facilities a major barrier; the target is to treat two million people by 2008"
• Centre To Disinvest 10% Stake In Bhel (Deccan Herald, Correspondent or Reporter, May 27, 2005)

The lead manager to the issue will decide the exact ratio of split and pricing of the issue, whose proceeds would not be reflected in the Budget.
• Letter Of Intent Signed For Improved Cooperation With Cern (Hindu, K. V. PRASAD, May 27, 2005)

Event highlights President Abdul Kalam's Switzerland visit
• Govt.: No Change In Policy Towards Maoists In Nepal (Hindu, Correspondent or Reporter, May 27, 2005)

No change in India's policy towards Maoists: External Affairs Ministry
• Another Move In The Great Game (Hindu, VLADIMIR RADYUHIN, May 27, 2005)

The BTC pipeline is part of a wider U.S. plan to isolate Russia
• Mega Fdi Projects In The Pipeline (Hindu, Correspondent or Reporter, May 27, 2005)

Proposal for phase III highway programme -------------------------------------------------------------------------------- Mega steel project coming up in Orissa Mining project by Lafarge proposed Bids for NHDP-III in June
• Chidambaram Presents Report Card On Economic Performance (Hindu, Correspondent or Reporter, May 27, 2005)

Outlines five-point recipe for attaining seven per cent growth
• Economic Ties Depend Upon Political Will, Says Musharraf (Hindu, B. MURALIDHAR REDDY, May 26, 2005)

Lingering disputes should be addressed simultaneously, he tells FICCI delegation
• Maruti Launches Compact Car (Hindu, Correspondent or Reporter, May 26, 2005)

Swift, priced at Rs. 3.87 lakh (ex-Delhi), to hit the road on June 6
• India Inc Woos China To Spread Wings (Deccan Herald, Correspondent or Reporter, May 26, 2005)

India, on Wednesday, launched a determined bid to diversify its export basket to China by roping in major corporates, including L&T, Ranbaxy, TCS and NIIT, to showcase their technological prowess in the world’s most dynamic market
• India For Asian Trade Bloc On The Eu Lines (Deccan Herald, Correspondent or Reporter, May 26, 2005)

Besides commonality of economic interests there are strong economic forces justifying greater integration of Asian nations, said Mr Ahluwalia
• Localising Food And Sustaining Livelihoods (Deccan Herald, Kanchi Kohli , May 26, 2005)

Farmers from Peru, India and Iran met at Andhra Pradesh and exchanged notes about common concerns on agricultural biodiversity, livelihoods and food sovereignty
• After The Shock, Hope For The Tiger (Hindu, Correspondent or Reporter, May 26, 2005)

With his personal stewardship of the mission to restore the viability and health of tiger populations in the wild, Prime Minister Manmohan Singh has raised hope that there will be decisive action on the ground in the coming months
• Maruti Launches Its New Car Swift (Deccan Herald, Correspondent or Reporter, May 26, 2005)

Injecting a new dose of competition in compact car segment Maruti Udyog Limited (MUL) on Wednesday launched its much-talked about ‘car of the future’— Swift.
• Inflation, Interest Rates Need Attention' (Hindu, Correspondent or Reporter, May 25, 2005)

Union Finance Minister asks industry to cut costs.MUMBAI: The Centre's borrowing in 2005-06 will be less than earlier estimated but it will have to contend with pressures from inflation and interest rates, according to the Union Finance Minister,
• Fixed Wireless `Mobile' Phone Service Unfair, Says Cellular Telephone Operators' Association (Hindu, Correspondent or Reporter, May 25, 2005)

Tata Teleservices' offer dominates TRAI open house on `Interconnection Usage Charge Review'
• No Other Option In Bihar: Manmohan (Hindu, Sunny Sebastian, May 25, 2005)

``Not proper for States to play politics on VAT" -------------------------------------------------------------------------------- Manmohan visits Ranthambhore National Park Management of parks must be improved Need to involve communiti
• Opportunities Before Sonia Gandhi (Hindu, Harish Khare , May 25, 2005)

STATECRAFT The organisational elections provide Sonia Gandhi a chance to provide a face-lift to the Congress.
• Panchayats As Business Hubs? (Deccan Herald, Manu N Kulkarni, May 25, 2005)

The panchayats have to be well-equipped and well-staffed to do business with global concerns
• Diamond Trading Centre On Anvil (Deccan Herald, Correspondent or Reporter, May 25, 2005)

The government was working towards setting up an international diamond trading centre in the country to encourage investment by Indians in diamond mines abroad, Union Minister of Commerce & Industry Kamal Nath said on Tuesday
• India, Russia Stress Need For Stability In Eurasia (Hindu, K. V. PRASAD, May 25, 2005)

All issues to be addressed without `outside interference' -------------------------------------------------------------------------------- Both sides agree on world student satellite for disaster management New Delhi to set up IT Park in
• One State, One Local Rate (Hindu, Editorial, The Hindu, May 25, 2005)

It was a quirk of history that saw the mobile telecom map of the country divide customers in Chennai, Mumbai, and Kolkatta from those in the rest of Tamil Nadu, Maharashtra, and West Bengal respectively, and customers in eastern Uttar Pradesh from those..
• India, Russia To Boost Ties In Power Generation (Deccan Herald, Correspondent or Reporter, May 25, 2005)

Cementing their bilateral ties, India and Russia on Tuesday agreed to enhance cooperation in power generation, outer space and economic spheres.
• Price Of Air (Times of India, Correspondent or Reporter, May 25, 2005)

India should sell 3G spectrum, not give it away free
• Faster Reforms Will Earn Us Our Rightful Place, Says Manmohan (Hindu, Mohammed Iqbal , May 24, 2005)

India will soon join the comity of developed nations; efforts on to root out poverty' —
• Is Goodness Alone Enough? (Deccan Herald, PUNYAPRIYA DASGUPTA, May 24, 2005)

The Prime Minister is hamstrung by compulsions of coalition politics and the inevitability of expediency
• Environmental Justice Movement And The Poor (Hindu, Mihir Shah, May 24, 2005)

Takes as its point of departure the international and intra-national inequalities in property rights, power and income, which lead to unequal access to natural resources and unequal distribution of the burden of pollution.
• Comparative Study Of Income Tax (Hindu, S. Rajaratnam, May 24, 2005)

A broad conclusion that emerges from the study is that the systems are not materially different with exceptions only for taxes like capital gains tax which are not adopted by all
• `Allow Repatriation To Boost Fdi In Real Estate' (Hindu, Correspondent or Reporter, May 24, 2005)

Calls for regulatory framework and easier tax regime
• Ministry Seeks Increase In Fuel Prices (Hindu, Correspondent or Reporter, May 24, 2005)

Oil companies still facing losses -------------------------------------------------------------------------------- Increase of about Rs. 2.50 for a litre of petrol Rs. 1.30 for a litre of diesel Hike in LPG and kerosene prices
• Low-Cost Technology Converting Seawater Into Potable Water Launched (Hindu, P. Sunderarajan , May 24, 2005)

Water temperature differences on sea surface and depth utilised
• Volkswagen Plans Unit In Ap (Deccan Herald, PTI, May 24, 2005)

Andhra Pradesh, which had aggressively marketed itself during the last ten years as an ideal place for overseas investment, is eyeing success with German automobile giant Volkswagen AG planning to set up a plant in the port city of Visakhapatnam
• Add Pace To Economic Reforms: Pm (Deccan Herald, Correspondent or Reporter, May 24, 2005)

Mr Singh said a change of attitude was essential to usher in reforms and called for more public and private partnership in developmental projects
• Issues In Privatisation Of Water (Hindu, T. Ramakrishnan, May 24, 2005)

OF LATE, the hotly-debated topic among water experts is privatisation of the water sector. Several countries of varying economic strength have already embarked on this direction.
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