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Development should guide WTO talks
New Delhi: Commerce secretary Dipak Chatterjee has said that India should
conduct negotiations at the World Trade Organisation in a way which would
ensure that the modalities of implementation conform to the countrys
developmental needs.
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Farm sector power heavily subsidised: Ficci
New Delhi: States have been severe in penalising the commercial sector, while the agricultural sector on the
other hand has been heavily subsidised.
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Reduce deficit to meet 8% growth target: Plan panel
New Delhi: To meet the ambitious GDP growth target of 8 per cent during the Tenth Plan, the Planning
Commission has projected the Central fiscal deficit at around 4.6 per cent and revenue deficit at less than 3 per
cent during the Plan period.
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Mumbai transport plan gets $542M IBRD loan
Mumbai: The World Bank on Monday signed an agreement for $542 million assistance to Mumbais
urban transport project estimated to cost $945 million.
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TN traders plan strike on Aug 13
Chennai: Tamil Nadu traders have called for a `shutter-down' agitation on August 13 demanding the
withdrawal of one per cent re-sale tax or multi-point tax and levy of two per to four per cent sales tax on
essential
commodities.
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Expose fuels cancellation Of 3,158 questionable allotments
New Delhi: With its back firmly against the wall, the government on Monday ordered cancellation of all
allotments of petrol pumps, cooking gas and kerosene agencies doled out with effect from January 2000 till
date.
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Oppn not satisfied; seeks Naiks head
New Delhi: The Prime Ministers decision to cancel allotments of all petrol pumps and gas agencies made
after January 2000, has failed to pacify the agitated Opposition which persisted with the demand for
resignation of petroleum minister Ram Naik and a CBI probe into the entire affair.
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Prabhu seeks states help to beat shortage
New Delhi: The Centre has sought the help of the states to tide over the power shortage on account of the
drought situation, asking them to tap captive energy sources and said it is mulling offering subsidy
for renovation and modernisation in the form of incentives.
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CII(Kerala) urges govt to privatise power sector
Kochi: The Kerala chapter of the Confederation of Indian Industry has urged the state government to
privatise power distribution and implement the concept of profit centre in areas of generation, transmission and
distribution.
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24-hour general strike in Kerala
Kochi: Trade unions in Kerala have given a call for a 24-hour state-wide general strike from midnight
Monday. This is to protest against the several `anti-labour' policies being initiated by the Centre.
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Global paper industry to revive in 2 years: Study
New Delhi: Higher demand growth, expected rise in operating rates and price realisation would increase domestic and international paper producers margins and profitability over the next two years, said a study on the paper industry.
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