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Decision on disvestment thru` buyback deferred

Amid inter-ministerial differences, the union cabinet on Wednesday deferred a decision on proposal of disinvestment department to raise Rs 40,000 crore from divestment of PSUs through buyback and other modes. "The buyback proposal cam

Budget after March 9: Pranab

The government will present the union budget for 2012-13 after March 9, finance minister Pranab Mukherjee said in the national capital on Wednesday. "We are working on date. We will (present) the budget after (assembly) election is ov

Cong slams BJP for inducting Kushwaha

Congress on Wednesday attacked the BJP for inducting former UP family welfare minister Babu Singh Kushwaha, who is under CBI scanner in the NRHM scam, saying the party has become an "inn" of such corrupt people. "L K Advani

Govt makes hallmarking of gold compulsory

To protect consumers from unscrupulous jewellers, the government on Wednesday approved a proposal making hallmarking of gold mandatory. The hallmarking of gold, which is voluntary in nature at present, is a purity certification of the prec

Post office interest not floating: FinMin

The government on Wednesday said interest rates on post office savings schemes, except the PPF, will remain fixed throughout the term of the scheme. It clarified that interest rate for such small savings will be declared on April 1 every y

AP DGP clears air on controversial remarks on women`s clothing

Andhra Pradesh DGP V Dinesh Reddy, who landed in a controversy for his remarks linking women`s fashionable dresses to the increase in rape cases, on Monday justified his comments saying that he did not mean to degrade women, but he only mentioned

RIL to fund Network 18 promoters, divest in Eenadu channels

Reliance Industries and Network 18 group on Tuesday joined hands for a multi-layered deal worth about Rs 4,000 crore, under which the Mukesh Ambani-led corporate giant would sell a part of its interest in Eenadu TV channels and would also fund rig

Digvijay high on hopes with UP polls

AICC general secretary Digvijay Singh on Tuesday said the `anti-Congress` campaign by social activist Anna Hazare would not affect the party`s poll prospects in the coming assembly polls in five states, including Uttar Pradesh. "I hav

Cong asks BJP its stand on corruption after Yeddy`s ultimatum

Congress on Wednesday said it was now up to BJP to demonstrate its stand on corruption after sulking former Karnataka chief minister B S Yeddyurappa virtually gave an ultimatum to the party leadership to give him a suitable position by January 15.

Maha Govt launches Labour Management System

Maharashtra government`s Labour Department has designed an innovative Labour Management System (LMS) on a public-private partnership (PPP) mode. "The pilot project of the system, called `Mahashramm`, has successfully been completed an

Minor forest produce in govt`s major cold storage

The government has decided to defer the introduction of a minimum support price (MSP) for minor forest produce (MFP) following protests from some states. In other words, tribals will have to live with what little get for collecting bamboo and tend

Man confesses to attacking Islamic centre, Hindu temple

A New York man arrested for attacking an Islamic centre and a Hindu place of worship with firebombs has confessed to his role in the incidents that caused outrage over the weekend, citing personal grudges with people at the targeted locations.

No post-poll tie-up with SP: Cong

Against the backdrop of reported remarks of SP leader Akhilesh Yadav not ruling out a post-poll alliance with it, Congress on Tuesday dismissed suggestions that it was a "B" team of any party in any of the assembly polls, including Uttar

SC to hear Chavan`s `paid news` row

The supreme court on Wednesday posted for February first week the final hearing of former Maharashtra chief minister Ashok Chavan`s plea challenging the Election Commission`s probe into the authenticity of his expenses during 2009 state assembly p

Govt likely to clear new routes for PSU disinvestment

The government is likely to give green signal to the proposal of the disinvestment department to help it raise Rs 40,000 crore through innovative means like buyback and cross-holding of equities in CPSEs. "The buyback proposals would

Day after Kushwaha joins BJP, CBI greets him with raids

Just a day after sacked Uttar Pradesh family welfare minister Babu Singh Kushwaha joined the Bharatiya Janata Party, the Central Bureau of Investigation (CBI) on Wednesday searched his Lucknow residence as part of raids at 60 places in Uttar Prdes

Theft from MHA a security lapse: Pillai

There are many red faces after a computer and a monitor were stolen separately in the past two months from the impregnable headquarters of the ministry of home affairs (MHA) in North Block. Former home secretary G K Pillai minced no words when he

Cong appears unhappy with Amarinder`s letter on army chief

Congress on Tuesday sought to disapprove of the remarks of former Punjab chief minister Amarinder Singh over the age row involving army chief V K Singh. "He (Amarinder Singh) had already clarified that this was his personal view. Gene

Plum posting follows help with Lokpal bill

Alka Sirohi, secretary to the department of personnel, has been appointed a member of the Union Public Service Commission. This much-sought-after posting comes after she helped coordinate the drafting and redrafting the Lokpal bill. Sirohi

Centre supportive to Odisha, no injustice done: PM

Claiming that UPA government has all along been "supportive and sympathetic" towards Odisha, prime minister Manmohan Singh on Tuesday told Congress leaders that no injustice was done to the state as alleged by chief minister Naveen Patna

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