The Centre, under attack for rising sugar prices, is weighing the option of asking bulk consumers, like makers of sweets, soft drinks, fruit juice, chocolate, ice cream and biscuits, to use only imported refined sugar instead of buying domestic supplies.
They want FSI to be in line with export benefits for the sale of residential properties to NRIs and foreigners.
Union Agriculture Minister Sharad Pawar on Thursday brushed off all allegations and reiterated his support for the introduction of Bt brinjal. He asserted that the introduction of the genetically modified brinjal can take place as it has been recommended by Genetic Engineering Approval Committee (GEAC), a scientific body, after carrying out a series of trials and tests on its impact on nature.
Amid the controversy over the issue of north Indian migrants in Mumbai, Congress MP Rahul Gandhi will visit the country's financial capital on Friday. During his visit, Gandhi will interact with college students, especially dalits, and is likely to address five meetings in the city.
The government may take the first step towards fiscal consolidation in Budget 2010-11 by partially rolling back tax cuts given to the industry last year. The service tax rate may be restored to 12 per cent, while excise duty could be increased marginally.
Gujarat, Haryana and Orissa, on the other hand, are tightening the monitoring mechanism to firmly tackle the problem. Similarly, Delhi, where the losses have come down to around 16 per cent from 60 per cent before privatisation, has increased policing to avoid tampering of meters and thefts.
It is under the blessings of politicians that builders and the criminal-builder nexus is thriving.
Nearly 750,000 tonnes of imported sugar are stuck at the Kandla and Mundra ports even as prices skyrocket in the domestic market. That's because the sugar importing mills in Uttar Pradesh have still not been able to arrive at an agreement on processing imported raw sugar by millers in Maharashtra and Gujarat.
The ministry of urban development has asked the finance ministry to lower the duty in order to promote the public transportation system in the country.
Pricewaterhouse-Coopers (PwC) and the Indian Electrical & Electronics Manufacturers' Association (IEEMA) have recommended that the Centre and state governments ensure 15 per cent price preference for government enterprises.
Mitra will take over from P V Bhide after January 31.
The Maharashtra government has decided to increase floor space index (FSI) to 3 from the current 2.5 for buildings which have come up between 1940 and 1960. The decision opens up the possibility for redeveloping 16,461 old buildings.
Bharat Heavy Electricals is exploring opportunities for an acquisition or a joint venture partnership with companies from the United States and Europe.
The government may take the first step towards fiscal consolidation in Budget 2010-11 by partially rolling back tax cuts given to the industry last year. The service tax rate may be restored to 12 per cent, while excise duty could be increased marginally.
State governments, which are striving to achieve 4 per cent growth in agriculture during the 11th Plan period (2007-12), have made a strong pitch for repayment of short-term loans by farmers in case of natural calamities at an interest rate of 7 per cent and not at the regular rate of over 10 per cent as fixed by banks.
It is looking to invest over Rs 20,000 crore (Rs 200 billion) for a greenfield project in Raigad or Ratnagiri districts of Maharashtra.
Finance Minister Pranab Mukherjee will hold a pre-Budget discussion with state governments on January 13.
Want the Congress MP to stop the process of transfer of stake, divestment.
As the ministry of finance gets into the Budget mode, its officials perhaps want to tell themselves, "All is well". So, they have none other than Aamir Khan, alias Rancho of recent Bollywood blockbuster 3 Idiots, talking to them this weekend on Cinema and Society.
Mukesh Ambani and Anand Jain promoted Mumbai SEZ Ltd has suspended its land acquisition for the MahaMumbai special economic zone in coastal Raigad for an indefinite period.
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