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INDUSTRY & ECONOMY
PSU:
NTPC’s investment powers nearing the limit
May hit PSU’s participation in competitive bidding. NTPC, the country’s largest power generator, is close to hitting the limit of its powers to make investments autonomously. ...
REAL ESTATE & CONSTRUCTION:
DLF chief takes home Rs 7.9 cr as remuneration in FY08
New Delhi, Aug. 28 Real estate baron and Chairman of India’s largest realty firm DLF, Dr K.P. Singh, took home close to Rs 7.9 crore in overall remuneration for the year ended March 2008, double the remuneration for the previous year, in ...
FOREIGN TRADE:
India, Asean to sign trade pact in December
Deal finalised in Singapore, signing in Bangkok. Singapore, Aug. 28 India and the Association of South East Asian Nations (Asean) will sign a comprehensive trade pact in Bangkok in December. ...
RURAL DEVELOPMENT:
Development fund scheme for local bodies launched
Kerala bids to raise resources thru bonds. The Pooled Finance Development Fund Scheme, which is designed to raise resources through bonds for the development of basic infrastructure in small and medium towns, has been launched in ...
PETROLEUM:
Regulator to shortly finalise first set of city gas distribution bids
Hyderabad, Aug. 28 The Petroleum and Natural Gas Regulatory Board (PNGRB) is set to shortly finalise bids for the first bunch of about seven city gas distribution networks, according to its Chairman, Mr L. ...
INCOME TAX:
I-T exemption: Sikkim businessmen to launch Gandhian movement
Peeved at the ‘discriminatory’ attitude of the Centre on the Income Tax exemption issue, the business community of Sikkim has launched a ‘Gandhian’ movement with two demands — exemption from direct income-tax at ...
SOCIAL SECURITY:
‘EPFO bypassing finance committee in allocating funds’
New Delhi, Aug. 28 The Employees Provident Fund Organisation on Thursday completed the formalities for appointment of multiple fund managers and signed agreements with four new fund managers HSBC AMC, ICICI Prudential AMC, Reliance Capital AMC ...
CLIMATE & WEATHER:
Plan to install 550 automatic weather stations
Tiruchi, Aug. 28 The Department of Meteorology will install 550 automatic weather stations and 1,350 automatic rain gauge recording system in all districts in the country by 2011, under its Rs 920-crore modernisation plan. ...
PETROLEUM:
Oil product sales in July increase 7.8%
New Delhi, Aug. 28 Driven by continued growth in diesel demand, July saw an increase in domestic oil product sales and higher crude oil imports. ...
ECONOMY:
Meghalaya seeks private investments to step up growth
Mumbai, Aug. 28 The Meghalaya Government is targeting an investment of over Rs 3,000 crore in the next three yearsto achieve annual growth rate of at least 7.5 per ...
ENVIRONMENT:
Greenpeace activists turn shareholders
Mumbai, Aug. 28 About 10 Greenpeace activists were at the annual general meeting to express their concerns as ...
TOURISM:
Waiting for patrons
HUMAN RESOURCES:
States better placed: Fitch
States are better placed to absorb the impact of the Sixth Pay Commission as compared to the earlier pay revision, according to a report released by Fitch Ratings. The report says the buoyant tax and VAT collections would help States manage the ...
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