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  • GoM assures TUs on labour law changes; meet in June

    Raj Kumar Ray:  New Delhi, May 23, 2013 at 0235 hrs ISTCoinciding with the UPA’s ninth anniversary celebration, a group of ministers (GoM) headed by finance minister P Chidambaram on Wednesday sought to assure trade unions of changes in labour laws but failed to arrive at a consensus on contentious issues like pay parity for contract labours, hiking minimum wages and pension for all.

  • CCI may allow fast-track nods for ports, review road projects

    Press Trust of India: New Delhi, May 23, 2013 at 0236 hrs ISTCabinet Committee on Investment (CCI) is likely to approve the proposal for allowing fast-track security clearance to port projects and review the progress of highway projects in the country.

  • GoM approves extension of service for senior officials in CPSEs by two years

    Press Trust of India: New Delhi, May 23, 2013 at 0240 hrs ISTSeeking to fill the senior level vacancies in CPSEs, the Group of Ministers (GoM) on Wednesday gave green signal to extend service of officers at the level of deputy general manager (DGM) and above by two years.

  • India, Thailand to speed up plan to construct trilateral highway

    Huma Siddiqui: New Delhi, May 23, 2013 at 0241 hrs ISTNew Delhi and Bangkok will later this month discuss ways to expedite the completion of an ambitious trilateral highway from India’s northeast to Thailand via Myanmar.

  • Road min to set up corp entity to oversee expressway building

    Timsy Jaipuria: New Delhi, May 23, 2013 at 0229 hrs ISTThe ministry of roads, transport and highways has abandoned the plan for an expressway authority and instead decided to set up a corporate entity within the framework of the National Highways Authority of India (NHAI) to oversee building of expressways. The proposal to have an expressway authority was first mooted in the 11th Plan document

  • Lokayukta accuses Dikshit of misusing public funds

    fe Bureau: New Delhi, May 23, 2013 at 0232 hrs ISTDelhi's Lokayukta Manmohan Sarin has indicted CM Sheila Dikshit for misuse of public funds in government ads put in 2008 ahead of the November assembly elections.
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  • ‘Disgusted’, Sahara Grp’s Pune Warriors withdraws from IPL

    fe Bureau:  New Delhi, May 22, 2013 at 0228 hrs ISTBlaming the Board of Control for Cricket in India for encashing its bank guarantee and for its lackadaisical arbitration proceedings to lower the franchise fee

  • GoM to discuss labour laws, pension today

    Raj Kumar Ray:  New Delhi, May 22, 2013 at 0232 hrs ISTAfter Prime Minister Manmohan Singh’s promise on pension for all Indians, a group of ministers may discuss with trade union leaders ways of framing a scheme for the retired

  • SC refuses to ban league

    fe Bureau:  New Delhi, May 22, 2013 at 0158 hrs ISTRefusing to scrap the remaining IPL matches in the wake of recent spot-fixing scandal that has hit the tournament, the SC on Tuesday said banning IPL matches would be akin to banning an entire profession for the mistakes of some.

  • Mauritius says it has gone ‘extra mile’ for India tax treaty revision

    Press Trust of India:  Port Louis, May 20, 2013 at 0317 hrs ISTHopeful of reaching an agreement soon on the long-pending revision of tax treaty with India, Mauritius says it has gone ‘extra mile’ to ensure that the pact does not get misused for illicit activities like money laundering and round-tripping of funds.

  • FM to meet tax officials on raising revenues

    Press Trust of India:  New Delhi, May 20, 2013 at 0319 hrs ISTFinance minister P Chidambaram will inaugurate a two-day conference of top income tax department and CBDT officers later this month in New Delhi and discuss efforts to maximise revenue collection.

  • Govt gets power to arrest service tax defaulters

    Press Trust of India:  New Delhi, May 20, 2013 at 0325 hrs ISTService tax evaders beware! Failing to deposit this tax may attract arrest and imprisonment upto seven years

  • Ikea may have to depend on public land auction by govt

    Press Trust of India:  New Delhi, May 20, 2013 at 0327 hrs ISTLand acquisition will be a major hurdle for Swedish furniture retailer Ikea to set up its stores in India and it may have to even depend on public auction by government, according to real estate consultants.

  • RBI may cut rates at next meet, feel research houses

    Press Trust of India:  New Delhi, May 20, 2013 at 0328 hrs ISTTaking a cue from the continued downward surprises in inflation and sluggish growth indicators,