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No
additional cess on petrol, diesel for now |
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The decision on levying additional
cess on petrol and diesel for financing the second phase of
the Rs 54,000-crore national highway development project has
been deferred “for the moment.” |
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Imports
of 300 items post 1.3 pc growth |
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Imports of 300 “sensitive”
commodities, which are currently being allowed without any quantitative
restrictions, registered a meager 1.30 per cent growth during
April-November this fiscal over the same period last year. |
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FDI
norms for defence and housing sector notified |
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The government has notified
detailed guidelines for allowing foreign direct investment in
defence sector specifying a three-year lock in period for transfer
of equity and appointment of an Indian as CEO. |
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Central
Electricity Bill referred to House panel |
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Suitable amendments should
be made in the Central Electricity Bill, 2001, to vest the Central
Electricity Regulatory Commission to fix uniform and preferential
tariffs on a long-term basis for purchase of power generated
from renewables and co-generation plants, demanded the Indian
Sugar Mills Association. |
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