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Bharti Airtel not to call MTN again07-OCT-09
Telecom wizard Sunil Mittal has said Bharti Airtel would not call South Africa's MTN again, after renewed merger talks between the two companies failed for want of government approval.
A good beginning02-SEP-09
The second Manmohan Singh government has got off to a more ambitious start in its first 100 days than any since perhaps Rajiv Gandhi’s in 1985. To be sure, the Vajpayee government did the atomic big bang once it assumed office, and the Narasimha Rao government did the big bang economic reforms in its first few weeks, in 1991. UPA-II has done nothing remotely comparable in terms of ‘big bang’ impact. But in terms of the range of initiatives, legislative and executive, perhaps only the Rajiv Gandhi government compares. A quick reading of the list should make this clear.
Rs 2,546-cr subsidy for textile sector in 3 days07-AUG-09
Grant to help the industry clear its dues up to June 30. The government today said the textile industry would get Rs 2,546 crore as subsidy under the Technology Upgradation Fund Scheme (TUFS) within three days, which will help the capital-starved industry clear its dues remaining up to June 30,2009. Announcing the release of funds, Textiles Minister Dayanidhi Maran said: “For the first time, the ministry is releasing such a huge amount at one go so that the industry, which has been
Economy is sound, let's push reforms, says Economic Survey03-JUL-09
Painting a picture of a resilient economy, the pre-Budget Economic Survey 2008-09, tabled in Parliament today by Finance Minister Pranab Mukherjee, said India could grow up to 7.75 per cent in 2009-10, up from 6.7 per cent in 2008-09, provided the global economy, particularly the United States, bottomed out by September and the government was able to push the button on significant economic policy reforms.
PM mulls new role for retired Somnath29-JUN-09
May ask him to take charge of a one-man commission to study parliamentary privileges.
India, SCO should convert eco crisis into opportunity: PM17-JUN-09
Prime Minister Manmohan Singh today sought closer interaction between India and members of Shanghai Cooperation Organisation, the regional security bloc in which India has ‘observer’ status, to convert the global economic crisis into an opportunity for greater economic cooperation as he highlighted the need for reforming global financial institutions.
PM likely to inaugurate BHEL second unit in Tiruchirapalli03-JUN-09
Prime Minister Manmohan Singh is likely to inaugurate the second unit of state-run Bharat Heavy Electricals Ltd (BHEL) in Tiruchirapalli by the end of this month, a top company official said here today.
Govt may skip House panels to pass Budget03-JUN-09
The Manmohan Singh government is likely to break with the past before presenting the first General Budget of the second United Progressive Alliance (UPA) government. After many years, the Union finance minister will meet the finance ministers of the states to get their wish list for the General Budget. Besides, the government is also trying to curtail parliamentary deliberation by bypassing the Standing Committees and passing the Budget directly in the Lok Sabha, citing paucity of time.
Rahul confident of Left support06-MAY-09
Putting behind him past differences, those created by election speeches and fundamental divisions on foreign policy issues, Congress General Secretary Rahul Gandhi today said that the party could still do business with the Left after the general elections.
PM attacks BJP-SAD for ignoring farmers' interest02-MAY-09
Attacking the ruling BJP-SAD combine for ignoring the interests of farmers in the state, Prime Minister Manmohan Singh today said the two parties, which were partners in the six-year NDA rule, were mute witness to the suffering of the agrarian community.
'We should focus our energy on rural infra'29-APR-09
Prime Minister Manmohan Singh has already indicated that his government would unveil a slew of measures to combat the economic downturn if they returned to power. External Affairs Minister Pranab Mukherjee, who also has the additional responsibility of finance, shared some of his ideas with Business Standard recently about how these would take shape while campaigning in his own constituency of Jangipur in West Bengal.
Cong brings out fact-sheet on economy to counter BJP21-APR-09
Taking an aggressive position on its performance on the economic front, the Congress today came out with a fact-sheet to negate the BJP’s “false propaganda” on key economic issues.
Believing Kalyan assurance on Babri Congress' only fault: PM20-APR-09
Prime Minister Manmohan Singh on Sunday denied RJD chief Lalu Prasad’s charge that Congress was also to be blamed for the demolition of the Babri mosque, saying the party’s only fault was to believe the assurance given by then UP chief minister Kalyan Singh to the Supreme Court on protecting the structure.
Shun protectionism: India to developed nations01-APR-09
As leaders of the world’s richest and influential developing countries prepared to meet in London on Thursday on how to fix the global economy, India on Tuesday asked industrialised nations to shun protectionism in trade, a view strongly endorsed by the host, Britain.
Snowfall ends prolonged dry spell in Shimla12-FEB-09
Heavy snowfall that blanketed several parts of Himachal Pradesh ended a prolonged dry spell in Shimla, Manali and other high reaches in the apple-growing state.
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