Rituparna Bhuyan &Amp; Makarand Gadgil In New Delhi

Stories by Rituparna Bhuyan &Amp; Makarand Gadgil In New Delhi

Experts doubt Lalu's Mumbai project deadline

Experts doubt Lalu's Mumbai project deadline

Rediff.com   27 Feb 2008

The MUTP II focuses on segregating the outstation and suburban railway traffic, which will eventually increase the frequency of trains on the suburban railway network. The MUTP II focuses on segregating the outstation and suburban railway traffic, which will eventually increase the frequency of trains on the suburban railway network.

FinMin view on direct exemptions for SEZs rejected

FinMin view on direct exemptions for SEZs rejected

Rediff.com   25 Feb 2008

In one of its many arguments, North Block has maintained that direct tax exemptions may be viewed as a subsidy by importer countries, which may then impose countervailing duties on exports from Indian special economic zones. The issue is pending with the empowered group of ministers on special economic zones headed by External Affairs Minister Pranab Mukherjee.

EoU tax break extension unlikely

EoU tax break extension unlikely

Rediff.com   25 Feb 2008

Finance ministry opposed to exemptions in principle: Official.

Venture fund for defence firms

Venture fund for defence firms

Rediff.com   21 Feb 2008

The $100-million fund, which has the option to raise a further $200 million, will benefit small and medium enterprises engaged in defence production.

Mumbai may have private cos in civic transport

Mumbai may have private cos in civic transport

Rediff.com   20 Feb 2008

The Maharashtra government is considering the option of allowing private players in the municipal transport sector in the Mumbai Metropolitan Region (MMR), spread over 4,000 sq km with a population of 16 million living in seven municipal corporations and 15 municipal councils.

Clarification sought on profits from SEZ units

Clarification sought on profits from SEZ units

Rediff.com   20 Feb 2008

Commerce Ministry has sought clarification from Finance Ministry over calculation of profits from SEZ units.

Ambani brothers to vie for Mumbai sea link project

Ambani brothers to vie for Mumbai sea link project

Rediff.com   20 Feb 2008

Mukesh or Anil, who will have the upper hand in the battle for major share of Mumbai makeover pie will be known later on Wednesday.

Exports from SEZs grow 200% in 2 yrs

Exports from SEZs grow 200% in 2 yrs

Rediff.com   14 Feb 2008

The Special Economic Zone (SEZ) Act of 2005, which completed two years on February 10, 2008, has facilitated a 200 per cent rise in exports from these zones during the period, and has led to an incremental investment of Rs 70,416 crore (Rs 704.16 billion).

Maharashtra ropes in World Bank arm for dams

Maharashtra ropes in World Bank arm for dams

Rediff.com   13 Feb 2008

The Maharashtra government, which is finding difficult to get investors for irrigation projects in the state, has now decided to rope in the International Finance Corporation (IFC), World Bank's lending arm for the private sector.

416 items in EU's negative list for FTA

416 items in EU's negative list for FTA

Rediff.com   11 Feb 2008

The European Union has drawn up an initial negative list of 416 tradeable items on which it does not intend to provide duty cuts as part of the proposed free trade agreement with India

IT sector kept out of industrial parks

IT sector kept out of industrial parks

Rediff.com   11 Feb 2008

Move aimed at reducing tax exemptions ahead of Budget 2008-09.

Commerce ministry opposes China FTA

Commerce ministry opposes China FTA

Rediff.com   9 Feb 2008

The commerce ministry has endorsed India Inc's stand against signing a free trade agreement (FTA) with China until it becomes a market economy that follows transparent pricing of manufactured goods and services.

Realty FII norms are unclear on pre-IPO stakes

Realty FII norms are unclear on pre-IPO stakes

Rediff.com   1 Feb 2008

Realty FII norms, which were recently put outside the purview of Press Note 2 (2005), are vague about pre-IPO investments.

Government mulls another round of export sops

Government mulls another round of export sops

Rediff.com   24 Jan 2008

The measures are part of a package of nine concessions that were suggested by the commerce ministry around eight weeks ago and are awaiting cabinet approval.

RIL acquires 1,000 hectares for Mumbai SEZ

RIL acquires 1,000 hectares for Mumbai SEZ

Rediff.com   21 Jan 2008

A senior state government official said, "Reliance managed to buy the land through direct negotiations with farmers." The state government would forward the company's application to the Centre as soon as it came with an official proposal, he added.

RBI is protectionist: British trade minister

RBI is protectionist: British trade minister

Rediff.com   17 Jan 2008

Stanchart's plan for 100 rural branches stuck.

India, Asean may ink free trade agreement by July

India, Asean may ink free trade agreement by July

Rediff.com   16 Jan 2008

Prime Minister Manmohan Singh, during his visit to the 13th Asean summit held at Singapore in November 2007, had indicated that India would take a flexible stand in the FTA talks.

Bitter harvest drives grape farmers to suicide

Bitter harvest drives grape farmers to suicide

Rediff.com   16 Jan 2008

Their deaths add to a deadly tally of 70-odd suicides by grape growers over the past two years -- a bizarre juxtaposition to the celebratory enthusiasm of the local politicians.

Ambani eyes Dabhol project, govt says 'no'

Ambani eyes Dabhol project, govt says 'no'

Rediff.com   8 Jan 2008

A day after the Anil Dhirubhai Ambani Group declared it will be interested in buying out the Dabhol project whenever it is up for sale, Petroleum Minister Murli Deora categorically denied the Central government was considering any such proposal.

Maharashtra plans 9,000 kiosks for e-gov

Maharashtra plans 9,000 kiosks for e-gov

Rediff.com   7 Jan 2008

The kiosks will offer government services like land records, various licences, getting cast or domicile certificates, filing of VAT return, payment of motor vehicle tax, and enrolment forms for the state government's pension scheme for the old and destitute. The operators, running these kiosks, will be allowed to collect user charges to recover their investment.