Core sector grows 8.7 per cent in Jan
New Delhi: Six core infrastructure industries posted an 8.7 per cent growth in January 2007 compared to 8.2 per cent in the same month last year.

During the first ten months, April 2006-January 2007 output from the industries rose by 8.4 per cent as against 5.8 per cent during the corresponding period of 2005-06.
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Proposed Saudi law to restrict commercial jobs to locals
Dubai: The Saudi Kingdom's Shoura Council has sought the approval of the Cabinet for a proposed law to limit employment in commercial establishments, retail and wholesale shops, distribution companies and among street vendors to Saudi nationals. If approved by the cabinet, the proposal would become a law within 120 days from its publication in the official gazette. It will be implemented gradually by the ministries of labour and municipal and rural affairs, the Saudi Gazette said on Wednesday.

However, underlying its implementation is a clause that mandates that the law should not conflict with international conventions, it said.

The proposed law also sets hours of operation for shops in the Kingdom. It mandates that all business owners obey labour and social security regulations.
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Govt to import 50-lakh tonnes wheat by April
New Delhi: The Government has asked the state-owned Food Corporation of India (FCI) and State Trading Corporation (STC) to import 50 lakh tonnes of wheat by April-end. The Directorate General of Foreign Trade, through a notification issued last evening, allowed import of 30 lakh tonnes of wheat by STC and 20 lakh tonnes by FCI at zero duty.

The Government has not extended the limit of duty-free wheat import to private traders after it expired on February 28, 2007, though the option has been kept open for state agencies.
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