In November, five students with over 34 months of experience opted out

IIMB grad opts out of placements to chase his dream

BS Reporter

The growing awareness among farmers of the two states about the long-run implications of growing paddy and wheat was evident at the Progressive Farmers' Meet organised by the CII (Northern region) here on Monday. The message that was inferred from the meet was that dwindling water table and deteriorating soil conditions in Punjab and Haryana could be checked by diversifying cultivation of crops such as maize.The farmers from the hinterland of north were keen to learn the benefits of diversification of agriculture.Baldev Singh Dhillion, vice-chancellor of Punjab Agriculture University, Ludhiana, said that maize was the most viable alternative to paddy in the region, as it requires one-sixth less water than the paddy crop. Maize, at the same time, helps maintain the level of micro-nutrients in the soil.He said India produces about 14.8 million tonnes of maize annually against the requirement of 70 million tonne. Over one lakh tonne of maize is imported every year, he added.A huge demand

Agri meet projects maize as saviour for drought-hit areas

Business Standard

The Tirumala deity is expected to earn an interest income of Rs 490 cr in 2012-13, and Rs 555.20 crore in 2013-14

Lord Venkateshwara earns 1/4th of income from interest

In what is being seen as a "semi-final" before assembly elections due in May, polls to urban local bodies in BJP-ruled Karnataka will be held tomorrow.About 8.5 million people are eligible to cast their ballot in 208 urban local bodies (excluding Bangalore)  seven city corporations, 43 city municipal corporations, 65 town municipal councils and 93 town panchayats. The polls are sure to be a "litmus test" for the contending political outfits, with assembly polls just around the corner.As many as 433 candidates in Mysore city are among the 21,974 contestants staking their claim to a seat to the urban local bodies (ULBs) in the civic polls across the state tomorrow.Besides former mayors and corporators, among those who have contesting include a gynaecologist, daughter of Congress leader late T V Srinivasa Rao, 'Snake' Shyam, who has set a record in catching snakes and rehabilitating them, and a 'churumuri' hawker.Elections are being held to 208 ULBs in the state, including seven municipal

Polls to K'taka urban local bodies today

The govt has formed JV firm between KSIIDC and GAIL for distribution of gas to various consumers in the state

K'taka CM asks Centre to expedite city gas distribution project

With the modernisation of its 24-odd textile mills having been completed, the National Textile Corporation (NTC) has posted a Rs  9.30 crore cash profit for the first year. According to company officials, NTC looks to recover the Rs  1,300 crore it had plowed into the modernisation within next 6-7 years."Though minor alterations will continue, we completed the revival plan of modernising the textile mills only last year. It is a good sign that collectively the 24 mills have posted a cash profit. Our target is to recover the Rs  1,300 crore that we had invested for modernisation of these mills in next 6-7 years," said K Ramachandran Pillai, chairman and managing director of NTC.As per the revival plan approved by Board for Industrial & Financial Reconstruction (BIFR), NTC has revived 24 mills directly by itself by investing in their modernisation.The revival scheme was self- financed through sale of surplus assets of NTC and no financial assistance was provided by the Government of

NTC aims to recover mill revival cost in 6 yrs: CMD

Even as the Uttar Pradesh government targets agricultural growth rate of five per cent, the state ground level credit potential has been pegged at Rs 1,01,315 crore for 2013-14.This is 21 per cent more than the aggregate credit estimate for the current financial year at Rs 79,988 crore.The potential credit estimates by National Bank for Agriculture and Rural Development (Nabard) comprises Rs 73,490 crore for agriculture, which includes Rs 58,928 crore for crop loan.Besides, the state credit plan envisages potential of Rs 12,894 crore under non farm sector, including Rs 886 crore under food & agro processing, and additionally Rs 14,931 crore for other priority sector. This aggregates Rs 1,01,315 crore for 2013-14.Last year, Potential Linked Credit Plan (PLP) had increased by 25 per cent from Rs 64,531 crore in 2011-12 to Rs 79,988 crore for the current fiscal.These estimates are incorporated in the State Focus Paper, which aims at increasing productivity, private capital formation i

UP agro credit for FY14 at Rs 1,01,000 cr

The major share is for crop loan at 49.62 per cent(Rs 47,808.34 crore), followed by other priority sector at 21.11 per cent

Nabard projects credit estimate at Rs 96,343 cr

A day after Congress leader Amarinder Singh was divested of the charge as the party's Punjab unit, his close aide, Major(retd) Amardeep Singh, Wednesday resigned as PCC secretary.

Amarinder's aide resigns as Punjab Congress secretary

Press Trust of India

To meet the daily water requirement, considering heavy rush of devotees at Saibaba shrine, the trust is spending about Rs 1 lakh daily to purchase water

Saibaba temple grapples with severe water crisis, says trust

The Uttar Pradesh government would fully cooperate with the investigation into the killing of a police officer and village head in Kunda in the district for which it has recommended a CBI probe, Chief Minister Akhilesh Yadav said on Wednesday.

UP govt to fully cooperate in DSP murder probe: Akhilesh

Maharashtra Rural Development minister and NCP leader Jayant Patil has said that he favours the decentralisation of transfer powers vested with the ministers."Almost 70 per cent of those visiting the state secretariat (Mantralaya) are there to seek transfers of officers," Patil said here.Therefore, there is a need to remove transfer rights of the ministers and decentralisation of transfer powers, he said yesterday.He added that, if this happens, ministers will be able to focus on policy work and solve problems of the people.Patil was honoured with the late Madhavrao Limaye memorial 'efficient MLA' award at a function here yesterday.  The award carried Rs  50,000 and a memento.Criticising Maharashtra Navnirman Sena (MNS) president Raj Thackeray, Patil said NCP is strong and active in Maharashtra, as a result of which Raj often criticises NCP ministers."Raj knows that if he does not talk about NCP ministers, TV channels will not show his public speech," Patil alleged.

NCP minister for decentralisation of transfer powers

Japan International Corporation Agency (JICA) on Wednesday agreed to provide a loan assistance of Rs 655 crore for developing and enhancing non-timber forest products (NTFP) in Uttarakhand.T

Uttarkahand set to get Rs 655-cr loan from Japanese agency

State govt has appointed special agriculture officer in the mining belt of Bicholim and Pale area to ensure that those who want to till the land get a helping hand

Mining industry workers returning to farming in Goa

Mastek, the mid-cap information technology services and products, company has set a target to provide IT applications for all SC/ST schools under the conditional cash incentive scheme in three years.

Mastek to cover all SC/ST schools

Field survey of mines to check possible encroachment of lease boundaries is set to begin next week.

Survey of mine leases to start next week

The Odisha government which is gearing up to air its views before the Shah Commission of enquiry on March 16 pertaining to violation of Rule-37 of Mineral Concession Rules (MCR)-1960 wants financial transactions between lessees and raising contractors to be made explicit."We have prepared the draft containing our views on violation of Rule-37 of MCR. The draft is being examined by the law department. What we feel is that financial investments need to be made explicit.

Odisha wants lessee-contractor deals to be made explicit

Admitting much delay in implementation of the Posco steel plant in Odisha, the South Korean ambassador to India, Kim Joong- Keoun on Wednesday sounded optimistic on starting work on the showpiece project this year."We are hopeful of starting work on the Posco project this year.

Posco project work to start this year: Korean envoy

The JV firm will manufacture, market cosmetics products in Indian market

Japan's Kose Corp to form JV with Elder Pharma

The study being conducted by Chennai-based National Institute of Ocean Technology

Kalpasar feasibility study to be completed by end of 2013

Financial crunch, global recession reasons for projects not taking off, claims minister

18% VGS 2011 projects dropped: Govt

- Find Specials News, Features, Analysis and more at Business Standard. Business Standard brings in-depth coverage of major events, issues and developments in India

Page 1614 - Specials News