Pumpgate rocks parliament for the fifth day 
New Delhi: Parliament remained paralysed for the fifth day in succession on Friday on the petrol pump allotment issue with an unrelenting Opposition demanding Prime Minister Atal Bihari Vajpayees resignation. 
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FDI inflows clock a pretty 87% growth in May 
Mumbai: Foreign direct investment inflows registered an impressive growth of 87 per cent at $501 million in May this year against $268 million in the same month last year. 
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IEA sees slow global oil demand recovery despite equity slump 
The Wests energy watchdog said on Friday a slow recovery in global oil demand was on track, despite the recent slump in equities markets. 
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Draft guidelines retain FDI cap for foreign brokers at 26% 
New Delhi: The draft regulations for insurance brokers and consultants, put out by the Insurance Regulatory and Development Authority on Friday, have retained the 26 per cent cap on foreign equity in broking firms. 
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Jaswant to discuss fiscal health with state FMs 
New Delhi: Finance minister Jaswant Singh will meet his counterparts in the state towards the end of this month to discuss steps to improve the deteriorating financial health of the states.
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India to host CoP meet on climate change on Oct 23 
New Delhi: New Delhi will host the eighth meeting of Conference of Parties on the United Nations Framework on Climate Change here on October 23. 
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