The Hindu Business Line : Wednesday, January 11, 2006

Heavy Industries Ministry nod to exit Maruti, Finance Ministry to take final decision
THE Ministry of Heavy Industries has given its consent for the Government to completely exit its shareholding in Maruti Udyog Ltd. The final decision is left to the Ministry of Finance, said Mr Santosh Mohan Dev, Minister for Heavy ... More

Govt notifies 8.5% interest rate on EPF for '05-06
THE Government has notified the rate of interest payable for employees provident fund deposits for 2005-06 at 8.5 per cent, according to an official release. The Ministry of Labour issued the notification here on Tuesday. Earlier, the Employees ... More

E-GoM to decide on airports modernisation tomorrow
THE plan for modernisation of the Delhi and Mumbai airports is all set to move ahead with the empowered Group of Ministers (e-GoM) scheduled to meet here on Thursday to take a final view on the bids made for the projects. This is despite the ... More

Procurement by distribution licensees — Power tariff policy moots competitive bidding
THE Centre's new Power Tariff Policy has proposed that distribution licensees should procure all future requirement of power through a process of competitive bidding. The policy, which was cleared by the Union Cabinet recently, has also given ... More

POLITICS

Food subsidy cut put on hold: Pawar
THE Government has decided to put on hold the recent Cabinet decision to cut the food subsidy bill by 30 per cent, following protests from the Left parties, DMK and a section of the Congress. The Union Minister for Agriculture, Food and Public ... More

AGRICULTURAL POLICY

Mixed reaction to cut in foodgrains subsidy on expected lines
THE mixed reaction to recent increase in issue price and reduction in quantity of foodgrains supplied under the public distribution system (PDS) as also under welfare programmes (Antyodaya Anna Yojana) has been entirely on expected lines. Extreme ... More

PEOPLE

Adarsh Kishore is Finance Secretary
NEW DELHI: The Government has appointed Mr Adarsh Kishore as Finance Secretary and Secretary (Expenditure) with immediate effect. An official release to this effect was issued here on Tuesday. Prior to this appointment, Mr Kishore, a ... More

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