| PSUs to lose out on interest | 21-NOV-09 |
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| Public sector companies may continue to lose interest income on their idle deposits as the government has decided against allowing banks to bid for their bulk deposits. Top public sector undertakings (PSUs), sitting on surplus cash of over Rs 1,00,000 crore, have been demanding re-start of the bidding as it ensures higher interest rates. |
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| Govt not to import rice as of now, says Sharma | 21-NOV-09 |
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| India will not import rice as it has adequate stocks of the grain, Commerce and Industry Minister Anand Sharma said today after a meeting of the empowered group of ministers (EGoM) on food. |
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| Govt may allow private sector investment in education | 21-NOV-09 |
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| The Centre plans to allow the (for-profit) private sector to set up educational institutions and tap the capital market, thus aiming to plug the funding gap in the education sector. In this regard, the Human Resource Development (HRD) ministry has asked Max India Chairman Analjit Singh to prepare a feasibility paper. |
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| Govt to push Bill for setting up green body in current session | 21-NOV-09 |
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| The government will try to pass the National Green Tribunal Bill, 2009, in the current Parliament session. The Bill aims at establishing an autonomous tribunal, independent of the Ministry of Environment and Forests (MoEF), for environmental clearance of development projects and providing relief and compensation to people affected by natural calamities. |
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| Draw export strategy of $300 bn: Assocham to govt | 20-NOV-09 |
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| India should aim to increase its merchandise exports to $300 billion by 2014 and adopt a multi-pronged strategy to accelerate competitiveness of domestic goods in global markets, Assocham said. |
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| Govt should speed up divestment process: Kelkar | 20-NOV-09 |
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| The government should speed up the disinvestment process to generate funds for meeting the new needs such as environment protection, 13th Finance Commission Chairman Vijay Kelkar today said. |
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| Govt seizes 4.3 lakh quintals of sugar from hoarders | 20-NOV-09 |
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| The government today said it has seized 4.30 lakh quintals of sugar from hoarders in four states this year. In an attempt to curb the rise in prices, the government had imposed in March stock holding and turnover limits on all sugar dealers. It had also restrained bulk consumers from holding sugar stock beyond 15 days of their requirement. |
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| Govt may amend 'state' term in Sugar ordinance | 20-NOV-09 |
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| In a bid to resolve the problem over sugarcane pricing controversy, the government is understood to be toying with the idea of amending the relevant ordinance by removing the term 'state' to ease the burden on the state governments on paying the farmers the difference in amount over the fair price. |
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| JSW Steel, state govt script a sunny land takeover story | 20-NOV-09 |
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| JSW Bengal Steel, the 10-million tonne steel project from the JSW Steel stable, is one of the few mega greenfield projects in the country — which would add 67 million tonnes in two years — to be sitting on 4,800 unencumbered acres. |
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| RNRL withdraws opposition to govt being a party | 20-NOV-09 |
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| In a new development in the RIL-RNRL appeals in the Supreme Court today on their gas dispute, RNRL revoked its opposition to the Union government being heard. And, the Solicitor General appeared for the first time, on behalf of the government and NTPC. |
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