US Chamber calls for relaxing sectoral FDI caps
New Delhi: The Indo-American Chamber of Commerce has called for relaxing the sectoral caps in telecom and insurance sectors besides opening up the aviation and the retail sector to foreign investment.
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Private finance sought for infrastructure development
New Delhi: The government has sought wider private participation to meet Rs 17,000-crore fund shortage for urban infrastructure development in the country.
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Exports up 14.69% in April-July
New Delhi: Largely aided by the performance in key sectors, exports recorded a 14.69 per cent growth during the first four months of this fiscal (April-July 02) over the same period last year.
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Western India faces daily load shedding up to 5,000 MW
Mumbai: The increase in power demand to 29,000 mw against the availability of 23,000 mw, lack of capacity addition, poor monsoons and rise in agriculture load has resulted in a daily load shedding of over 5,000 mw in the western region comprising Maharashtra, Gujarat, Madhya Pradesh, Chhatisgarh and Goa.
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Transporters threaten strike from Nov 15
New Delhi: Transporters have threatened to stop booking of goods in a phased manner from November 8. All India Motor Transport Congress, which organised a nation-wide dharna on Monday, has also called for a suspension of operations including booking and delivery of goods from November 15.
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Troops being trained to use portable radars
New Delhi: India has begun training the troops in using portable radars recently bought from Israel. These radars are being installed along the border with Pakistan in Kashmir.
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Core Sector records a meagre 1.7% growth in Sept
New Delhi: Bucking the trend of better performance in the last few months, the six infrastructure industries registered a poor 1.7 per cent growth rate in September, against 4.1 per cent in September 2001.
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India, Brazil for use of trims to promote home units
New Delhi: In a joint communication to the committee on Trade-related Investment Measures of the WTO, India and Brazil have proposed amendments in the Trims Agreement seeking specific provisions to allow developing countries flexibility for implementing development policies.
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