To accelerate disbursals, finmin to back direct funding of power projects
New Delhi: The Union finance ministry will support direct transfer of funds to power project authorities with the consent of the states.
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War against Iraq can hurt indian interests: experts
New Delhi: An attack on Iraq could have an adverse economic fall out on Indias trade with that country. It may lead to suspension of the oil-for-food programme also.
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Society flats entry fees illegal, rules HC
New Delhi: The Delhi high court has held that it is illegal to charge entry fees by housing societies from those members who have purchased flats from the original allottees.
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Naik to discuss duty cut with FM by Sept-end
New Delhi: Petroleum minister Ram Naik will take up the issue of reducing duties on petroleum products with finance minister Jaswant Singh by this month-end.
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Tariff for Dabhol Power at Rs 2.25 Nnt feasible: Shahi
New Delhi: The Union power secretary RV Shahi on Thursday supported the lendersconsortium leader IDBI's decision to outrightly reject offer made by the state government and MSEB of per unit tariff of Rs 2.25 for Dabhol phase-I (658 mw) on the grounds that it was not workable and feasible.
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Karnataka stops Cauvery water for TN as protests mount
Bangalore: Karnataka has stopped release of the Cauvery waters to Tamil Nadu in the wake of the farmers protests threatening to snowball into a major crisis after a panchayat member ended his life by jumping into the river.
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IAF pilots to soon get commercial ilcence
New Delhi: In a move to augment flight safety and ensure synergy between the Air Force and the civil aviation set-up, IAF pilots will now get commercial flying licence from their own academies amid plans to induct highly sophisticated flight simulators for training.
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