American multinational ISN will set up a 2,000-Mw thermal power plant with an investment of Rs 10,000 crore in the Sidhi district of Madhya Pradesh, according to the MP government. 


2,000 Mw plant expected to come up in MP

Business Standard

Several Korean companies are planning to make investment in the apparel, automobiles and electronics sectors in Haryana. This was disclosed by representatives of Korean companies at a meeting with

Hooda`s Korea visit reaps dividends

To strengthen their hold on the Agra real estate market, almost a dozen property developers of the National Capital Region will be participating in a three-day property expo being held in Agra from

Agra property mela on Friday

No country will have adequate supplies of bird flu vaccine for several weeks if influenza, caused by the H5N1 bird flue virus, breaks out in a pandemic form. 


WHO warns of bird flu vaccine shortage

Fiery Bharatiya Janata Party (BJP) leader Uma Bharati faces suspension and possible expulsion from the party for storming out of the Madhya Pradesh Legislature Party meeting yesterday.


Uma faces expulsion

The United Progressive Alliance (UPA) government today heaved a sigh of relief with the Rajya Sabha rejecting the Opposition-sponsored adjournment motion on the controversial Volcker report on Iraqi

Volcker report: NDA motion rejected

If they were not from Diggy Raja, these words of sympathy would have given her much-needed solace. But the beleaguered former Chief Minister of Madhya Pradesh, Uma Bharati, is not likely to thank

Raja`s words add salt, not salve

Ajit Gulabchand, chairman &amp; managing director of Hindustan Construction Co Ltd and chairman of the administrative Council of Walchand College of Engineering, Sangli, pledged a sum of Rs 3 crore to

Walchand College gets Rs 3 cr fund

Chakravarthy Rangarajan, chairman of the Prime Ministers Economic Advisory Council, is headed for the Rajya Sabha, after a high-level clearance of his name this evening. 


Rangarajan cleared for Rajya Sabha

Tourism Minister Renuka Chowdhury today said the government was working on a project with Indian missions abroad to offer online visas, apart from other initiatives to ease visa procedures.


Renuka for online issue of visa

Measures to simplify export procedures on the cards.


Govt may cut transaction costs

Information Technology and Telecommunications Minister Dayanidhi Maran has opposed the recommendations of both the Department of Telecommunications (DoT) and the Telecom Regulatory Authority of India

Maran against telecom network sharing

Finance Minister P Chidambaram today said the movements in the stock markets were orderly and the trend would continue for long.


Stock market movement orderly: FM

MUMBAI (Reuters) - The Reserve Bank of India (RBI) rejects the notion that high inflation is the "new normal," RBI Gov. Duvvuri Subbarao said, noting that many of the supply-driven causes of Indian inflation can be corrected by appropriate policies.

RBI chief rejects high inflation as 'new normal'

Reuters

Small and Medium Enterprises Rating Agency (SMERA), a dedicated agency for Small and Medium Enterprises (SMEs) in India, was launched by Union Finance Minister P Chidambaram today in Coimbatore.


FM launches SME Rating Agency

A multi-crore stamp paper scam is surfacing in Goa, according to a report from the Comptroller and Auditor General of India (CAG), for 2004, which says an unexplained difference of Rs 30.19 crore

Irregularities in Goa stamp paper sale unearthed

The Income-Tax department has appointed Haribhakti and associates as the special auditors for the Mumbai Port trust (MbPT). 


I-T dept hires auditor for MbPT

The Maharashtra Economic Development Council (MEDC), in association with the state government will organise a two-day international business conference in Marathwada, Global Front: Challenges &amp;

MEDC to promote industries in Marathwada

Tata Teleservices (Maharashtra) Ltd faces a Rs 50-crore penalty for introducing its push-to-talk services without a Unified Access Service Licence.


Tata Tele may be fined Rs 50 cr

Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the panel favoured foreign direct investment in retail as it would strengthen the domestic supply chain and create more employment

Planing commission favours FDI in retail

The European Union wants India to extend similar capital gains tax benefits to its investments in the country as is given to Singapore.


EU asks for Singapore-like tax benefits

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