The Union ministry of rural development proposes to introduce flexibility in implementation of its flagship programmes across the country.

Allow states flexiblity in implementing rural projects: Jairam Ramesh

Business Standard

The emergence of financial cities across the country will help widen and deepen services and inclusions, Finance Minister Pranab Mukherjee said here on Sunday.

Pranab sees financial cities widening coverage

While the quality of regulation and governance is a key factor to rebuild business confidence in India, the deficiencies in these areas are even more alarming than the inadequacies of the country's physical infrastructure, Raghuram G Rajan, well-known for his critique on the American economic and financial crisis, said on Saturday.

India needs to rebuild business confidence: Raghuram Rajan

Union Finance Minister Pranab Mukherjee said here that India&rsquo;s manufacturing sector needs to be strengthened in order to revive the economy from the present crisis and improve the GDP position.

Mukherjee for stronger manufacturing sector

Chief Minister DV Sadananda Gowda at weekend said he planned to lead an all-party delegation to the Centre by this month end to seek Rs 2,200 crore financial assistance to tackle severe drought conditions in the state.

CM to lead delegation to Centre for relief

The Union Government is considering Tamil Nadu's request for additional power of 200 Mw from the Central grid to help the state tide over the severe power crisis it faces now, said V Narayanasamy, Minister of State in the Prime Minister's Office.

South India may get additional power from Centre

The Chhattisgarh government is planning to take up extensive work of building Railway Over Bridge (ROB) and Railway Under Bridge (RUB) in the state in this financial year.

Chhattisgarh govt to take up ROB, RUB projects

With three Ultra Mega Power Plants (UMPPs) proposed to be set up in the state, Orissa is poised to be the power hub of the country, supplying electricity to various parts of the nation, said Union power minister Sushilkumar Shinde.

Orissa poised to be nation's power hub: Shinde

Orissa is set to get power allocation of up to 50 per cent from the second and third Ultra Mega Power Plants (UMPPs) proposed in the state, Union minister for power Sushilkumar Shinde said here.

Orissa to get 50% power from two UMPPs

Drug firm Glenmark Generics, US, a subsidiary of Glenmakr Generics Ltd today annoucned that it has receieved approval for the their abbreviated new drug application (ANDA) by the US health regulator United State Food and Drug Administration (USFDA) for their Norgestimate and Ethinyl Estradiol tablets -- a generic version of contraceptives.

Glenmark gets US nod for generic contraceptives

Ship breaking and recycling at Alang in Gujarat has registered highest number of ships coming for recycling during fiscal 2011-12, stated Gujarat Maritime Board (GMB), regulator for non-major ports in the state.

Alang yard dismantles record ships in 2011-12

Vedanta Aluminium Ltd (VAL), a unit of Anil Agarwal-led Vedanta Resources Plc, has sought the intervention of the Orissa government for securing long-term coal linkage for its captive power plant (CPP) at Jharsuguda.

VAL seeks long-term coal linkage from Orissa

Energy-related engineering and manufacturing enterprise Bharat Heavy Electricals Ltd (BHEL) has approached the Tamil Nadu government to reconsider its decision on cancelling a joint venture (JV) for the Rs 8000-crore Udangudi power project in downstate Tuticorin.

BHEL 'willing' to continue with Tamil Nadu on Udangudi JV

Notwithstanding a tight monetary policy that is continuing and adverse reactions to some of the Budget proposals, a larger number of players sense a growth in the manufacturing sector to have revived in the last quarter of 2011-12, says a study. They expect a healthy expansion of over 10 per cent in segments such as automobile, tyres and leather products.

Manufacturing growth revived in Q4, reveals study

Nearly 560,000 aspirants took the IIT Joint Entrance Exam (JEE) on Sunday, compared to 460,000 who attempted it last year.

560,000 candidates take IIT-JEE examination

With Bharat Heavy Electricals Limited (Bhel) awaiting consent from Ennore Port Ltd to bring in and unload a critical component for power generation in its yard near here, commissioning of a 600-Mw thermal power unit in north Chennai for the power-deficient Tamil Nadu Electricity Board has been hit by&nbsp;uncertainty .

Bhel awaits Ennore port nod to unload equipment

After lacklustre trading last week, equity investors have set their eyes on a host of global and domestic events that would drive the markets. Key among those would be US Federal Reserve Chairman Ben Bernanke&rsquo;s speech late on Monday evening, fourth-quarter earnings report by information technology (IT) major Infosys Technologies and India's industrial production data during the week.

Equities to take cues from Bernanke, Infosys

Policy makers need to be cautious about the indirect effects of the euro zone&rsquo;s sovereign debt crisis on India, though the country&rsquo;s banks do not have a significant exposure to these according to the Reserve Bank of India (RBI).

No significant exposure to euro zone: RBI

The three business divisions of the Bangalore-based Bharat Heavy Electricals Limited (BHEL), namely, the electronic division, ceramic business unit (CBU) and industrial systems group (ISG) together have achieved a turnover of Rs 3,737 crore, up 21 per cent from previous year. The profit before tax of the Bangalore division in 2011-12 at Rs 1,028 crore, was 13 per cent higher.

BHEL turnover up 21%

To meet the burgeoning&nbsp;coal demand of the country, Mahanadi Coalfield Limited (MCL), comprising of coalfields of Orissa, has been given a target to produce 112 million tonne&nbsp;of coal in the current fiscal as against 103.12 MT&nbsp;output&nbsp;achieved last year.

BS Reporter