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PTI - The Press Trust of India Ltd. articles from March 2007

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<a href="http://www.highbeam.com/PTI+-+The+Press+Trust+of+India+Ltd~R~/publications.aspx?date=200703" title="Articles and back issues from PTI - The Press Trust of India Ltd.">PTI - The Press Trust of India Ltd. articles</a>

PTI - The Press Trust of India Ltd. back issues from March 2007:

MCX INDICES.

Mar 01, 2007 ... MCX INDICES Mumbai, Feb 28 (PTI) Following are today's various Indices at the Multi Commodity Exchange (MCX) futures and spot market. MCX Futures Market: OPEN HIGH LOW CLOSE MCX COMDEX 2254.28 2254.28 2226.46 2235.16 MCX METAL ...

Budget effect: Cars to cost more, Maruti leads.

Mar 01, 2007 ... Budget effect: Cars to cost more, Maruti leads New Delhi, Feb 28 (PTI) Without the succour called excise relief, a despondent Indian car industry today decided to pass on the burden of additonal education cess proposed in the Budget 2007-08 to consumers. Market leader ...

No further cuts in petrol, diesel prices.

Mar 01, 2007 ... No further cuts in petrol, diesel prices New Delhi, Feb 28 (PTI) The government will not reduce petrol and diesel prices following Finance Minister P Chidambaram's announcement today of a cut in excise duty on the two auto fuels. "There is no such possibility. The ...

IT industry disappointed over budget proposals.

Mar 01, 2007 ... IT industry disappointed over budget proposals Bangalore, Feb 28 (PTI) Terming the Union Budget measures as "negative", the IT industry today expressed disappointment over the extension of MAT to include companies of the sector and imposition of fringe benefit tax (FBT) on ...

Nothing concrete in budget to check soaring prices: Karna CM.

Mar 01, 2007 ... Nothing concrete in budget to check soaring prices: Karna CM Bangalore, Feb 28 (PTI) Karnataka Chief Minister H D Kumaraswamy today said nothing concrete had been suggested in the Union budget to contain the soaring prices and not enough had been done to help the agriculture ...

PSEs welcome greater responsibility of the economy.

Mar 01, 2007 ... PSEs welcome greater responsibility of the economy New Delhi, Feb 28 (PTI) The government's reliance on public sector to fund the more than half of the central plan in 2007-08 reaffirms the fact that their performance is improving, the apex body of Central Public Sector ...

WDM trades worth Rs 698.90 cr at NSE.

Mar 01, 2007 ... WDM trades worth Rs 698.90 cr at NSE Mumbai, Feb 28 (PTI) The Wholesale Debt Market (WDM) segment of the National Stock Exchange (NSE) today witnessed a total turnover of Rs 698.90 crore in 33 trades. Top securities (non-repo) traded on WDM segment were, the 9.39 per ...

Disappointing budget from taxation point of view: CBRE.

Mar 01, 2007 ... Disappointing budget from taxation point of view: CBRE New Delhi, Feb 28 (PTI) Terming the Union Budget 2007-08 as "dissapointing," global real estate consultant CB Richard Ellis today said service tax being imposed on non-housing rented properties and asset management service ...

Textiles industry welcomes extension of TUFS.

Mar 01, 2007 ... Textiles industry welcomes extension of TUFS Mumbai, Feb 28 (PTI) The textile industry has welcomed the Union Budget 2007-08, especially extension of Technology Upgradation Fund Scheme till the end of 11th Five Year plan. "For the textile industry, the budget has been ...

Sesa Goa shares plunge 8 pc on BSE.

Mar 01, 2007 ... Sesa Goa shares plunge 8 pc on BSE Mumbai, Feb 28 (PTI) Shares of Sesa Goa today plunged over 8 per cent on the bourses after the government imposed duty on iron ore exports. Finance Minister P Chidambaram in his budget proposals announced a duty of Rs 300 per metric ...

PCO franchisees gets exemption from TDS.

Mar 01, 2007 ... PCO franchisees gets exemption from TDS New Delhi, Feb 28 (PTI) Lakhs of PCO franchisees of MTNL and BSNL will be able to get their brokerage without the deduction of tax at source. At present, the tax is deducted at source at five per cent from the ...

Pharma sector hails budget, says R&D incentives a welcome step.

Mar 01, 2007 ... Pharma sector hails budget, says R&D incentives a welcome step New Delhi, Feb 28 (PTI) While other industries may be upset with the 2007-08 budget, Finance Minister P Chidambaram today received staunch support from the pharmaceutical sector for incentives given for research and ...

EoUs want to be out of MAT, but FIEO welcomes budget.

Mar 01, 2007 ... EoUs want to be out of MAT, but FIEO welcomes budget New Delhi, Feb 28 (PTI) The Export Promotion Council for EOU and SEZs today opposed the proposal to impose Minimum Alternate Tax (MAT) on Export Oriented Units in the budget and demanded its roll back. "The 100 per ...

Aviation industry disappointed by budget.

Mar 01, 2007 ... Aviation industry disappointed by budget New Delhi, Feb 28 (PTI) The aviation industry today expressed disappointment at the withdrawal of exemption on Withholding Tax (WHT) on leased aircraft and plane engines, saying it will significantly increase the cost of fleet acquisition ...

Budget falls short of real estate sector's expectations.

Mar 01, 2007 ... Budget falls short of real estate sector's expectations New Delhi, Feb 28 (PTI) The Union Budget has fallen short in addressing the growing needs of real estate sector and the service tax on renting of immovable property for business is likely to increase pricing pressure, ...

FM aims all inclusive growth; ups allocation for SC/ST schemes.

Mar 01, 2007 ... FM aims all inclusive growth; ups allocation for SC/ST schemes New Delhi, Feb 28 (PTI) Aiming to give a fillip to backward classes, Finance Minister P Chidambaram today announced a slew of schemes including those specifically aimed for Scheduled Castes and Scheduled Tribes with ...

Not much in Budget to improve agricultural investment: NCDEX.

Mar 01, 2007 ... Not much in Budget to improve agricultural investment: NCDEX Mumbai, Feb 28 (PTI) Leading commodity exchange NCDEX managing director P H Ravikumar feels the Union Budget falls short on its provisions to improve investment in agriculture, a sector crucial to maintain India's ...

PAN sole identification for participation in equity market.

Mar 01, 2007 ... PAN sole identification for participation in equity market Mumbai, Feb 28 (PTI) Demat account will be opened only on the basis of PAN Card details, Central Depository Services Ltd (CDSL) today said after Finance Minister P Chidambaram's Budget proposal that PAN will be the sole ...

Budget fails Maharashtra, Mumbai: BJP.

Mar 01, 2007 ... Budget fails Maharashtra, Mumbai: BJP Mumbai, Feb 28 (PTI) Terming the Union Budget as one that failed to curb inflation, the state BJP today said the UPA government had failed the people of Mumbai and Maharashtra. "It is obvious from the Union Budget that the ...

Indian team leaves for World Cup.

Mar 01, 2007 ... Indian team leaves for World Cup Mumbai, Feb 28 (PTI) The Indian cricket team led by Rahul Dravid left here tonight for the World Cup with high hopes of regaining cricket's showpiece title after a gap of nearly quarter of a century. The squad was seen off at the ...

Aussie resent Akhtar, Asif selection for CWC.

Mar 01, 2007 ... Aussie resent Akhtar, Asif selection for CWC Melbourne, Feb 28 (PTI) Matthew Hayden and Andrew Symonds have spelled out Australia's resentment and lambasted Pakistan for selecting dope-tainted pacemen Shoaib Akhtar and Mohammad Asif for the Caribbean World Cup. ...

Budget aimed at growth without equity, says Jaya.

Mar 01, 2007 ... Budget aimed at growth without equity, says Jaya Chennai Feb 28 (PTI) Criticising the 2007-08 union budget, AIADMK supremo Jayalalithaa tonight said it aimed at growth without equity and would further marginalise the poor of the country, leaving them to fend for themselves or ...

Excess liqudity in market: RBI.

Mar 01, 2007 ... Excess liqudity in market: RBI Mumbai, Feb 28 (PTI) Reserve Bank, which tightened money supply to tame inflation, today said there was excess liquidity in the market with Rs 80,000-1,10,000 crore always in circulation in the system througout the year. "It can't be ...

Alfa Laval Q4 net dips 4 pc at Rs 11 cr.

Mar 01, 2007 ... Alfa Laval Q4 net dips 4 pc at Rs 11 cr Mumbai, Feb 28 (PTI) Alfa Laval India, engaged in engineering sector, today posted a net profit after tax of Rs 11.06 crore for the fourth quarter ended December 31, 2006, down 4.16 per cent as compared to Rs 11.54 crore in the year-ago ...

Ansal's pref issue to Citigroup fails to get regulatory nod.

Mar 01, 2007 ... Ansal's pref issue to Citigroup fails to get regulatory nod Mumbai, Feb 28 (PTI) Ansal Properties today said it will not go ahead with the preferential allotment of shares, representing five per cent stake in the company, to Citibank Group for a proposed consideration of Rs ...

BUDGET-ENVIRONMENT.

Mar 01, 2007 ... BUDGET-ENVIRONMENT New Delhi, Feb 28 (PTI) The Union budget today provided a hike of more than Rs 1000 crore in its annual allocation for the Ministry of Environment and Forest. The budgetary allocation for the ministry this year is Rs 1539 crore as against 1406.21 crore last ...

RBI liberalises norms for export receipts.

Mar 01, 2007 ... RBI liberalises norms for export receipts Mumbai, Feb 28 (PTI) The Reserve Bank has further liberalised the norms for export proceeds and allowed businessmen to settle for higher reduction in export bills in case of disputes with overseas buyers. In a notification ...

Kidnapping gang busted in Karachi, five arrested.

Mar 01, 2007 ... Kidnapping gang busted in Karachi, five arrested Karachi, Feb 28 (PTI) Law enforcement agencies here have busted a kidnappers gang arresting five persons who belong to a Sunni Muslim group, police said today. The five members of the Sunni Tehreek, which has slowly ...

Indian community abroad hail Union Budget 2007-08.

Mar 01, 2007 ... Indian community abroad hail Union Budget 2007-08 London, Feb 28 (PTI) The Indian business community abroad today hailed the Union Budget for 2007-08 presented by Finance Minister P Chidambaram. NRI industrialist Lord Swraj Paul welcomed the budget but said a lot ...

CR women beat SAI Centre Thalassery.

Mar 01, 2007 ... CR women beat SAI Centre Thalassery Payyanur (Kerala) Feb 28 (PTI) In one of the most exciting matches at the 11th National League volleyball tournament here, Central Railway women beat SAI Thalassery 3-2 today. The Railway women humbled SAI 25-15, 21-25, 22-25, ...

RajWest Power to set up 1000 mw power plant at Rs 5,000 cr.

Mar 01, 2007 ... RajWest Power to set up 1000 mw power plant at Rs 5,000 cr Barmer (Rajasthan), Feb 28 (PTI) RajWest Power Ltd, a wholly-owned subsidiary of JSW Energy Ltd, is setting up a 1000 mw power plant here at an investment of Rs 5,000 crore. The foundation stone of the plant ...

SPORT-SAT-ACCEPTANCES.

Mar 01, 2007 ... SPORT-SAT-ACCEPTANCES Bangalore, Feb 28 (PTI): Following are the 29th day winter meeting race acceptances, to be held here on Saturday. Mar 3. A card of nine events --------------------- 1. The Katil Plate - Div.II - 1100 M. 2.00 PM Nice Guy 55, Alenia 53.5, Road To Romance ...

Budget is climate-passive: Greenpeace.

Mar 01, 2007 ... Budget is climate-passive: Greenpeace Mumbai, Feb 28 (PTI) Finance Minister P Chidambaram missed a golden opportunity to address the issue of climate change decisively in his budget, Greenpeace India today said. "This is an extremely climate-passive budget. Solutions ...

Indian student charged with making terrorist threats in US.

Mar 01, 2007 ... Indian student charged with making terrorist threats in US Washington, Feb 28 (PTI) An Indian student at the University of Missouri, Rolla has been accused of making terrorist threats and other felonies following a bomb hoax and an anthrax scare recently in the campus. ...

SIES lauds Budget outlays for education.

Mar 01, 2007 ... SIES lauds Budget outlays for education Mumbai, Feb 28 (PTI) The union finance minister's proposal for a substantial hike in outlays for education and healthcare deserve commendation, says the South Indian Education Society (SIES). "The 35 per cent increase in school ...

Budget inflationary; will harm co-op banks: Ambedkar.

Mar 01, 2007 ... Budget inflationary; will harm co-op banks: Ambedkar Mumbai, Feb 28 (PTI) Terming the Union budget as "inflationary", Bharip Bahujan Mahasangh leader Prakash Ambedkar today said cooperative banks will be harmed by provisions announced in the budget. "Concessions in ...

Insurance employees call demonstrations to protest FDI raise.

Mar 01, 2007 ... Insurance employees call demonstrations to protest FDI raise Kolkata, Feb 28 (PTI) On the day Finance Minister P Chidambaram announced that a comprehensive bill on amending insurance laws will be tabled in Parliament during the Budget session, the All India Insurance Employees ...

SIMA hails budget.

Mar 01, 2007 ... SIMA hails budget Coimbatore, Feb 28 (PTI) The budget proposals presented by finance minister P Chidambaram would attract huge investment in the textile industry in the 11th five year plan period, helping achieve its vision of creation of 14 million jobs, the Southern India ...

MONEY MARKET OPERATIONS-RBI.

Mar 01, 2007 ... MONEY MARKET OPERATIONS-RBI Mumbai, Feb 28 (PTI) Money market operations on Feb 27. (Amounts in Rupees crore, Rate in Per cent) A. Money MarketsVolume WeightedRange (One Leg) Average Rate i. Call Money 13,181.22 6.10 ...

Spices rule steady.

Mar 01, 2007 ... Spices rule steady Mumbai, Feb 28 (PTI)) Prices ruled steady on the spices market here today in the absence of market-moving factors. Following are today's closing rates in Rupees with previous rates in brackets. Black Pepper (per kilo) 130/143 ...

AGRI-FOODGRAIN PRICES.

Mar 01, 2007 ... AGRI-FOODGRAIN PRICES Kolkata, Feb 28 (PTI) Following is the wholesale rate of Foodgrain items at the Posta Bazar Merchants' Association, Kolkata (rates in rs. Per quintal unless stated) Pulses : Moong Dal 4350-5900, Musur dal 2450-3970, Gram dal 2850-3050, Mator dal 2220-2380, ...

2NDLAF AUCTIONRESULTS-RBI.

Mar 01, 2007 ... 2NDLAF AUCTIONRESULTS-RBI Mumbai, Feb 28 (PTI) Second Liquidity Adjustment Facility (LAF)- Auction Results : The results of the RBI Repo/Reverse Repo auctions held in afternoon on February 28, 2007 are: Amount (face value in Rs crore) Items 1 day reverse repo 1 ...

Bombay Stock Exchange (BSE) INDICES.

Mar 01, 2007 ... Bombay Stock Exchange (BSE) INDICES Mumbai, Feb 28 (PTI) BSE-SENSEX DOLLEX-30 BSE-100 DOLLEX-100 BSE-200 Opening 13045.12 2422.53 6606.14 1545.81 1566.56 High 13298.52 2463.07 6704.03 1564.58 1588.11 Lowest 12800.91 2377.18 6444.58 1508.01 ...

Further smart rise in small sugar prices.

Mar 01, 2007 ... Further smart rise in small sugar prices Mumbai, Feb 28 (PTI) Prices of small sugar rose further smartly on the Vashi wholesale market here today due to sustained demand from retailers amidst fall in supply from mills. However, medium sugar showed a mixed trend on ...

Metals rule steady.

Mar 01, 2007 ... Metals rule steady Mumbai, Feb 28 (PTI) A steady trend was noticed on the non-ferrous metal market here today in the absence of any market-moving factors and prices, after moving in a narrow range, ended at the previous day's close. Following are the closing rates ...

NSE FULL LIST 1.

Mar 01, 2007 ... NSE FULL LIST 1 MUMBAI, FEB 28 (PTI) SECURITY OPEN HIGH LOW CLOSE P_CLOSE S&P CNX Nifty 3893.40 3893.40 3674.85 3745.30 3893.90 CNX IT5301.75 5347.75 5066.65 5129.60 5446.10 CNX Nifty Junior 6539.10 6892.75 6537.80 6722.10 ...

SPORT-FRI-ACCEPTANCES.

Mar 01, 2007 ... SPORT-FRI-ACCEPTANCES Bangalore, Feb 28 (PTI): Following are the acceptances for the 28th day winter races to be held here on March 2 (A CARD OF EIGHT EVENTS): 1st race: March Plate - Div II - 1400 M 2.30 pm Samrat Ashok 55 Mother's Pride 53.5 Ciboney 53.5 Spring Of Youth 53.5 ...

US not diplomatically reaching out to Iran, Syria: Snow.

Mar 01, 2007 ... US not diplomatically reaching out to Iran, Syria: Snow Washington, Mar 1 (PTI) The Bush administration has said its attendance in a regional meeting on Iraq, which will also be attended by Iran and Syria, does not mean that Washington is diplomatically reaching out to the two ...

Indian-American appointed Florida Education Board member.

Mar 01, 2007 ... Indian-American appointed Florida Education Board member New York, Mar 1 (PTI) Noted Indian-American community leader Akshay Desai has been appointed as a member of the Florida Board of Education by Governor Charlie Crist. The appointment comes as recognition of the ...

Whisky Assn seeks dispute settlement proceedings against India.

Mar 01, 2007 ... Whisky Assn seeks dispute settlement proceedings against India London, Mar 1 (PTI) The Scotch Whisky Association (SWA) has asked the European Union to launch WTO dispute settlement proceedings against India, following its "failure" to reform the discriminatory tax treatment of ...

Baha'is students discriminated in Iran, alleges its UN rep.

Mar 01, 2007 ... Baha'is students discriminated in Iran, alleges its UN rep New York, Mar 1 (PTI) A growing number of Baha'is admitted to Iranian universities this year have been expelled, powerful evidence that Baha'i students in Iran still face severe discrimination and limited access to ...

Americans want to relocate: survey.

Mar 01, 2007 ... Americans want to relocate: survey New York, Mar 1 (PTI) Though people from across the world want to come to the United States which is considered a land of opportunity, a new survey shows that millions of young Americans would like to move out the country and relocate elsewhere ...

Natives earning increases due to immigration: study.

Mar 01, 2007 ... Natives earning increases due to immigration: study New York, Mar 1 (PTI) Debunking the theory that immigrants seeking jobs leads to US-born worker getting lower wages, a new study concludes that the earnings of non immigrants in fact increased in California state. ...

Indian-American receives grant for computer science research.

Mar 01, 2007 ... Indian-American receives grant for computer science research Washington Mar 1 (PTI) A young Indian-American at Florida State University has received a major grant from National Science Foundation for his research in the computer science. Piyush Kumar, an assistant ...

C-IBC welcomes Indian Budget.

Mar 01, 2007 ... C-IBC welcomes Indian Budget Toronto, Mar 1 (PTI) The Canada-India Business Council (C-IBC) has described the Budget as a "nation building" budget. Kam Rathee, President of the Council, said Finance Minister P Chidambaram has done a remarkable job in promoting the ...

Aus should keep open option on becoming nuke power: report.

Mar 01, 2007 ... Aus should keep open option on becoming nuke power: report Melbourne, Mar 1 (PTI) Australia should keep open its options on becoming a nuclear weapons power because it may not always be able to rely on the United States for protection, a new report says. In an issue ...

Indian team leaves for World Cup.

Mar 01, 2007 ... Indian team leaves for World Cup Mumbai, Mar 1 (PTI) The Indian cricket team left here for the World Cup in West Indies with high hopes of regaining the cricket's showpiece title after a gap of nearly a quarter century. The team led by Rahul Dravid was seen off at the ...

US not diplomatically reaching out to Iran, Syria: Snow.

Mar 01, 2007 ... US not diplomatically reaching out to Iran, Syria: Snow Washington, Mar 1 (PTI) The Bush administration has said that its participation in a regional meet on Iraq, which will also be attended by Iran and Syria, does not mean that the US is diplomatically reaching out to the two ...

Iran has continued Uranium enrichment: IAEA report.

Mar 01, 2007 ... Iran has continued Uranium enrichment: IAEA report New York, Mar 1 (PTI) Iran has continued Uranium enrichment despite a directive from the Security Council to suspend such activities, the United Nations atomic watchdog has said in a new report. The report also said ...

IAEA helping restore renaissance era sculpture.

Mar 01, 2007 ... IAEA helping restore renaissance era sculpture New York, Mar 1 (PTI) UN nuclear watchdog IAEA, better known for its efforts to curb nuclear proliferation and stop weapons of mass destruction from falling into the hands of terrorists, is now in a new role helping an Austrian ...

Bangladesh hikes power rates.

Mar 01, 2007 ... Bangladesh hikes power rates Dhaka, Mar 1 (PTI) Urban consumers in Bangladesh would have to pay five per cent more for their electricity beginning today. The increase in rates would, however, not be applicable for consumers using more than 100 units. The ...

Indian Bank lists at Rs 105 with over 15 per cent premium.

Mar 01, 2007 ... Indian Bank lists at Rs 105 with over 15 per cent premium Mumbai, Mar 1 (PTI) Indian Bank today got listed at Rs 105 per share with a decent 15.38 per cent premium over its issue price of Rs 91 on the Bombay Stock Exchange. After opening, the scrip hit lows of Rs 77 ...

Hindalco Industries to consider preferential issue on March 2.

Mar 01, 2007 ... Hindalco Industries to consider preferential issue on March 2 Mumbai, Mar 1 (PTI) A V Birla group company Hindalco Industries today said its Board will meet on March 2 to consider issue of equity shares or equity linked instruments on a preferential basis. No other ...

Dubai population increases by nearly 3 lakh in 2006.

Mar 01, 2007 ... Dubai population increases by nearly 3 lakh in 2006 Dubai, Mar 1 (PTI) The population of the United Arab Emirates has leaped from 1.13 million in 2005 to 1.42 million in 2006 with Dubai alone registering an increase of 2,92,000. In other words 24,333 people were ...

AGRI-VEG-PRICE-TR.

Mar 01, 2007 ... AGRI-VEG-PRICE-TR Agartala, Mar 1 (PTI) Following is the rate chart of vegeteables per kg in Agartala market today. PotatoRs 08.00 Onion Rs 30.00 French Bean Rs 30.00 Ginger ...