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Assuring high growth, India’s Economic Survey calls for sweeping reforms (Lead)

July 2nd, 2009 - 4:18 pm ICT by IANS -
New Delhi, July 2 (IANS) The Indian economy can expand as much as 7.75 percent this fiscal, says the country's Economic Survey for 2008-09, while calling for sweeping reforms in areas like ...

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India’s auto industry logs 11.5 percent growth

July 2nd, 2009 - 2:48 pm ICT by IANS -
New Delhi, July 2 (IANS) The automotive industry in India grew at a computed annual growth rate (CAGR) of 11.5 percent over the past five years, the Economic Survey 2008-09 tabled in ...

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India’s Economic Survey calls for sweeping reforms

July 2nd, 2009 - 2:13 pm ICT by IANS -
New Delhi, July 2 (IANS) Suggesting some sweeping reforms in areas like foreign direct investment, divestment, taxation and the subsidy regime, India's Economic Survey says the country can achieve 7.75 percent growth ...

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UPA Govt. plans to offer modern facilities in 28 cities

June 29th, 2009 - 11:51 pm ICT by ANI -
New Delhi, June 29 (ANI): The Centre is preparing to provide modern facilities in 28 more cities in addition to the existing 65 cities under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) ...

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DDA to construct 65,000 houses in four years

June 29th, 2009 - 9:35 pm ICT by IANS -
New Delhi, June 29 (IANS) In a bid to address the acute housing shortage in the national capital, its development authority will build 65,000 houses in the next four years, Urban Development ...

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Jaipal Reddy seeks zero excise duty on public buses

June 29th, 2009 - 9:09 pm ICT by IANS -
New Delhi, June 29 (IANS) Urban Development Minister Jaipal Reddy Monday asked the finance ministry to remove excise tax on public buses and said the government will introduce 15,220 new buses in ...

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Shipping ministry seeks separate financing arm

June 26th, 2009 - 9:33 pm ICT by IANS -
New Delhi, June 26 (IANS) After road transport ministry, it is now the turn of the shipping ministry to demand a separate financing arm. "The ministry has submitted a proposal to the finance ...

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Sops for renewable energy projects should continue: Abdullah

June 19th, 2009 - 10:35 pm ICT by IANS -
Chennai, June 19 (IANS) New and Renewable Energy Minister Farooq Abdullah Friday said his department would request the finance ministry to continue with existing incentive schemes for renewable power projects. "We find there ...

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3G auction base price to be announced in a week (Lead)

3G auction base price to be announced in a week (Lead)

June 19th, 2009 - 7:41 pm ICT by IANS -
New Delhi, June 19 (IANS) The government will announce the base price for the much-awaited auctions of third generation (3G) radio waves within a week, Communications and IT Minister A. Raja ...

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3G auction base price proposed at Rs.4,040 crore

June 19th, 2009 - 4:26 pm ICT by IANS -
New Delhi, June 19 (IANS) The finance ministry has proposed a reserve base price of Rs.4,040 crore for third generation (3G) spectrum auctions and the final announcement could be made in a ...

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Bring coaching institutes under tax net: Assocham

June 17th, 2009 - 7:13 pm ICT by IANS -
New Delhi, June 17 (IANS) Coaching institutes must be brought under the tax net as they seldom disclose their earnings, the Associated Chambers of Commerce and Industry of India (Assocham) has said. In ...

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No consensus on 3G reserve price: Raja (Lead)

No consensus on 3G reserve price: Raja (Lead)

June 16th, 2009 - 10:36 pm ICT by IANS -
New Delhi, June 16 (IANS) No consensus has been reached between the Department of Telecommunications (DoT) and the finance ministry on the reserve price for third generation (3G) radio waves auction, ...

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No consensus on 3G reserve price: Raja

No consensus on 3G reserve price: Raja

June 16th, 2009 - 9:38 pm ICT by IANS -
New Delhi, June 16 (IANS) No consensus has been reached between the Department of Telecommunications (DoT) and the finance ministry on the reserve price for third generation (3G) radio waves auction, ...

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Extend tax holiday to five-star hotels: Assocham

June 16th, 2009 - 3:58 pm ICT by IANS -
New Delhi, June 16 (IANS) The Associated Chambers of Commerce and Industry (Assocham) has urged the government to extend tax benefits to all categories of the hotel sector, including five-star hotels, to ...

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Government considering fuel price hike

June 15th, 2009 - 10:29 pm ICT by IANS -
New Delhi, June 15 (IANS) The government is "seriously concerned" about the rise of crude oil prices in the global market and is looking at various options, including raising ...

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Government issues stricter delisting norms

June 15th, 2009 - 9:24 pm ICT by IANS -
New Delhi, June 15 (IANS) Companies that have incurred losses for three consecutive years and have negative net worth can be delisted, the government and the securities market regulator announced Monday. Companies can ...

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Reduce tax on household items to spur demand: Assocham

June 10th, 2009 - 5:54 pm ICT by IANS -
New Delhi, June 10 (IANS) The Associated Chambers of Commerce and Industry (Assocham) Wednesday called on the government to bring down tax on household purchases to less than 20 percent from over ...

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Pranab Mukherjee to meet heads of public sector banks today

June 10th, 2009 - 12:31 pm ICT by ANI -
New Delhi, June 10 (ANI): Finance Minister Pranab Mukherjee will meet heads of public sector banks today. Issues like review of interest rates of banks, credit growth and agriculture loans will be ...

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Ahluwalia says scope for divestment, higher outlays

Ahluwalia says scope for divestment, higher outlays

June 8th, 2009 - 6:50 pm ICT by IANS -
New Delhi, June 8 (IANS) The government has the scope to raise funds by selling shares in state-run firms even as subsidies need to be recast to benefit the needy, Montek ...

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TATA looking at Thailand as ASEAN strategic business hub

June 4th, 2009 - 7:15 pm ICT by ANI -
New Delhi, June 4 (ANI): The TATA Group is actively considering using Thailand as a strategic marketing hub for promoting its products in the ASEAN region, revealed that country's Industry Minister, Chanchai ...

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Anand Sharma to seek more help for Indian exporters

June 4th, 2009 - 1:31 pm ICT by ANI -
New Delhi, June 4 (ANI): Commerce and Industry Minister Anand Sharma has said that the ministry will ask the Ministry of Finance for more relief measures for exporters. "We will be making specific ...

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India needs investment budget to beat slowdown: CII

June 1st, 2009 - 9:51 pm ICT by IANS -
New Delhi, June 1 (IANS) India's budget 2009-10 should be an "investment budget" to help the the country tide over the economic slowdown, said the Confederation of Indian Industry's (CII) pre-budget recommendations, ...

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Pak defence budget gets a 15.5 percent boost

Pak defence budget gets a 15.5 percent boost

June 1st, 2009 - 2:38 pm ICT by ANI -
Islamabad, June 1 (ANI): Pakistan Government has decided to increase the defence budget by 15.5 percent for the upcoming financial year to 342 billion rupees. According to sources, the operational expenses of ...

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Assocham proposes inflation commission

May 31st, 2009 - 3:57 pm ICT by IANS -
New Delhi, May 31 (IANS) The Associated Chambers of Commerce and Industry (Assocham) has proposed the setting up of a National Inflation Commission to help the government contain prices of essential commodities. ...

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National sports federations hail Gill’s reappointment

National sports federations hail Gill’s reappointment

May 29th, 2009 - 6:57 pm ICT by IANS -
New Delhi, May 29 (IANS) National Sports Federations (NSF) have given a thumbs up to the reappointment of M.S. Gill as sports minister, and have given him a long wishlist at ...

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Azhagiri gets chemicals and fertilizers, Raja retains communications and IT

Azhagiri gets chemicals and fertilizers, Raja retains communications and IT

May 28th, 2009 - 11:21 pm ICT by IANS -
New Delhi, May 28 (IANS) The DMK, the third largest party in the Congress-led United Progressive Alliance (UPA), Thursday got three key portfolios of communications and information technology, textiles, and chemicals ...

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Cyclone Aila toll rises to 87 in West Bengal

May 27th, 2009 - 5:28 pm ICT by ANI -
Kolkata, May 27 (ANI): 'Cyclone Aila' has claimed 87 lives in West Bengal. Sixteen of the 87 dead were victims of a landslide in North Bengal Chief Minister Buddadeb Bhattarcharjee reviewed the situation ...

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Cyclone Aila toll rises to 87 in West Bengal

May 27th, 2009 - 5:27 pm ICT by ANI -
Kolkata, May 27 (ANI): 'Cyclone Aila' has claimed 87 lives in West Bengal. Sixteen of the 87 dead were victims of a landslide in North Bengal Chief Minister Buddadeb Bhattarcharjee reviewed the situation ...

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Government to push for reform, present Union Budget within 45 days: Pranab

May 27th, 2009 - 3:27 pm ICT by ANI -
New Delhi, May 27 (ANI): Finance Minister Pranab Mukherjee on Wednesday said the government will push for economic reform and is required to present the Union Budget within 45 days of coming ...

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Seafood exporters want separate fisheries ministry

Seafood exporters want separate fisheries ministry

May 26th, 2009 - 4:59 pm ICT by IANS -
Kochi, May 26 (IANS) A seafood exporters' lobby in Kerala has urged the government to create a separate ministry for fisheries and wants K.V. Thomas, a Congress party parliamentarian from the ...

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