FinMin may exempt SAD on imports under DEPB scheme
New Delhi: The question of exempting the special additional duty on imports under the duty entitlement passbook scheme as demanded by the exporting community is under the ‘active consideration’ of finance minister Jaswant Singh and a decision will be announced shortly.
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Key OECD economy indicator falls for third month
New Delhi: A key OECD indicator designed to gauge the future for the world’s richest major countries slipped for a third consecutive month, the body said on Friday, adding to fears about the fragile condition of the global economy.
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Deshmukh shoots off SOS to Centre over state’s fiscal woes
Mumbai: Reeling under a severe financial crunch, the Maharashtra government has called upon the Centre to immediately come to its rescue as a crisis situation is developing in view of certain payments, which are now required to be made on an emergency basis.
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Lack of design data to blame for too many crashes: IAF
New Delhi: Lack of design data comes in the way of rectifying faults in fighter jets, increasing the possibility of air crashes, according to the top brass of the Indian Air Force.
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Nationwide CBI swoop
New Delhi: In a bid to root out corruption, the CBI on Friday conducted countrywide raids and registered 20 cases against government officials besides recovering four ancient idols worth crores of rupees.
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