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LS to take up Land Acquisition Bill tomorrow

August 28, 2013 8:36 PM

LS to take up Land Acquisition Bill tomorrow

After passing the Food Security Bill, the Lok Sabha will take up tomorrow another landmark legislation of the UPA - the Land Acquisition Bill. The bill seeks to provide just and fair compensation to families whose land has been acquired for industrial purposes.The much-talked about bill proposes pay...

Gold touches record high of Rs 33,900

August 28, 2013 8:36 PM

Gold touches record high of Rs 33,900

Gold posted its biggest ever single-day gain of 1,900 rupees, to close at a record high of 33,900 per ten grams at Delhi's bullion market, today, as the rupee hit a new low against the dollar. Silver spurted 3,700 rupees, to 58,500 rupees per kilo, on increased offtake by industrial units and c...

Govt says, no need to panic on sharp fall in value of rupee

August 28, 2013 8:35 PM

Govt says, no need to panic on sharp fall in value of rupee

The Finance Ministry has termed the sharp fall in the value of the rupee as a reflection of irrational sentiment and said there is no need for panic. Today, the Rupee slumped to at new all-time low of 68.80, down 256 paise from yesterday. This followed worries over foreign investors pulling out thei...

Gujarat Govt orders high level inquiry in Vadodara building collapse

August 28, 2013 6:36 PM

Gujarat Govt orders high level inquiry in Vadodara building collapse

Gujarat Government has ordered high level inquiry in Vadodara building collapse incident. Former Chairperson of State Vigilance Commission Dr. Manjula Subramanium will conduct the inquiry into the sudden collapse of building constructed by Vadodara Urban Development Authority-VUDA.The death toll of ...

7 killed as two blocks of building collapse in Vadodra

August 28, 2013 1:46 PM

7 killed as two blocks of building collapse in Vadodra

In Gujarat, seven persons have been killed and many others are feared trapped when two blocks of a building collapsed in Vadodara. Rescue and relief operations are in full swing and six persons injured in the incident have been admitted in near by Pramukh Swami Hospital. Quoting official sources, ou...

Petroleum ministry plans to save USD 22 bn in oil import bill: Moily

August 28, 2013 1:45 PM

Petroleum ministry plans to save USD 22 bn in oil import bill: Moily

Minister of Petroleum and Natural Gas M Veerappa Moily says his ministry has planned to save 22 billion US dollars in oil import bill. He told reporters in New Delhi that the Prime Minister had sought 25 billion dollar cut in oil import bill to narrow Current Account Deficit, CAD. Moily refused to d...

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