Industrial production rises 6.4% in July
New Delhi: Indias industrial production rose 6.4 per cent in July compared with 2.6 per cent in the year earlier period, the government has said. Industrial output was up 4.7 per cent in April-July compared to 2.3 per cent in the same period the previous year.
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Isro leapfrogs into satellite launch market with Metsat 
New Delhi: Indias dream of playing a larger role in the global satellite launch market moved a step closer to reality with the successful launch of PSLV-C4 here on Thursday. 
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Rlys, IOC team up for green diesel 
New Delhi: Soaring international oil prices and rising emission levels have had an interesting fallout. Indias largest oil company and the single largest consumer of diesel in the country want to come together on biodiesel. Full story 
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Panel to undertake study tour on Bbnking bill 
New Delhi: There are faint signals of hope for the nearly two-year-old bill aimed at diluting government stake in nationalised banks below 33 per cent. 
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VAT compensation: centre must say no to states, says expert 
New Delhi: The Central governments answer to states demand for compensation of revenue losses due to implementation of value-added tax system should be a categorical no, said economist M Govinda Rao who will soon submit his recommendations on central sales tax to the government. 
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GoM on fertilizers likely to meet on Monday 
New Delhi: The group of ministers on fertiliser, constituted to finalise a long-term fertiliser policy, will meet again on September 16, as its last meeting, held last month, remained inconclusive. 
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Plan outlay for horticulture may treble 
New Delhi: The Seed Act, 1963 will be amended to enable self-certification by breeder companies against laid down quality norms and registration of new varieties of seeds, said the Union agriculture secretary, JNL Srivastava. 
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States urged to improve urban development 
New Delhi: The Centre has asked the states to access capital market, forge public-private partnerships and reform property tax system in order to prevent the urban local self-institutions from becoming weak. 
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Overall farm output to dip by 4.9%: CMIE 
Mumbai: The overall agricultural production is expected to drop by 4.9 per cent during 2002-03, the Centre for Monitoring Indian Economy has said. 
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