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FM likely to attend annual retreat function of DEA officials
New Delhi: Finance Minister P Chidambaram is likely to attend the annual retreat function of the Department of Economic Affairs (DEA) officials tomorrow. "Finance Minister P Chidambaram will attend the sixth annual retreat of DEA officials at the National Institute of Financial Management (NIFM) in Faridabad tomorrow," a senior Finance Ministry #Department of Economic Affairs #NewsTracker #P. Chidambaram
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Growth to pick up in current fiscal, more room for FDI : Chidambaram
Tokyo: India's economy is capable of absorbing $50 billion in foreign direct investment per year, Finance Minister P Chidambaram said on Monday. Addressing a news conference during a visit to Tokyo promoting India as investment destination, Chidambaram also reiterated that growth in India was expected to accelerate in the current fiscal #FDI #GDP #Growth #P. Chidambaram #TheySaidIt
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Subbarao to attend IMF conference in April
Washington: Reserve Bank of India Governor Duvvuri Subbarao will share his perspective at an IMF conference here next month that will discuss policy pursued by various governments in the aftermath of global financial crisis. The conference will bring together leading academics and policymakers from around the globe, as well as representatives #D. Subbarao #IMF #P. Chidambaram #RBI #ThisisNext
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India’s 2013-14 sugar output looks positive: ISO chief
New Delhi: Sugar production in India in the next year looks positive despite concerns about drought situation in some states like Maharashtra, a top official of the International Sugar Organisation (ISO) said today. Asked if drought in key sugarcane growing states would impact overall sugar output in India, London-based ISO #NFCSFL #Sugar #ThisNext
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PM to push growth, investment at Durban BRICS Summit
New Delhi: Prime Minister Manmohan Singh Monday said he looked forward to the 5th BRICS Summit in Durban in finding ways to revive growth, push investments and sustain macroeconomic stability. In his departure statement ahead of leaving for Durban Monday, the prime minister said he hoped to discuss a host of #BRICs #Durban #Growth #Manmohan Singh #NewsTracker
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Cyprus scrambles to avert crisis, seeks Russian help as EU threatens cutoff
NICOSIA: Cyprus considered nationalising pension funds and ordered banks to stay shut till next week to avert financial chaos after it rejected the terms of a European Union bailout and turned to Russia for aid. Crisis talks among the political leadership in Nicosia are set to resume on Thursday after late-night #bailout #Cyprus #EU #Eurozone #WhatNext
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Intelligence report on 41 possible terror fundings: minister
New Delhi: As many as 41 Suspicion Transaction Reports (STRs) that could possibly be related to terrorist financing were disseminated by FIU-IND to different agencies in the nine months through December 2012, the Rajya Sabha was informed today. The number of STRs disseminated by Financial Intelligence Unit-India (FIU-IND) to relevant agencies #Financial Intelligence Unit-India #Namo Narain Meena #NewsTracker #Rajya Sabha
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Two rail projects for coal evacuation may end by FY’17
New Delhi: The government today said two rail projects—Tori-Shivpur and Gopalpur-Monaharpur—with investment of Rs 3,045 crore are likely to be completed by the end of 2017 and will facilitate coal evacuation besides pushing up the fuel production. While Tori-Shivpur rail link is in Jharkhand, Gopalpur-Monaharpur is in Odisha. Minister of #coal #Lok Sabha #NewsTracker #Pratik Prakashbapu Patil
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Govt to launch 1 bn units of Rs 10 plastic notes
Government will introduce one billion pieces of Rs 10 bank notes made of plastic on a field trial basis in five cities, Minister of State for Finance said in Parliament today. "It has been decided by the government and the RBI (Reserve Bank of India) to introduce one billion pieces of #FICN #NewsTracker #Notes #RBI
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Assam Budget: Sanitary wares, cigarettes get costlier
Guwahati: Assam Chief Minister Tarun Gogoi today presented in the state assembly Rs 1,352.57-crore deficit Budget for 2013-14, which makes tobacco products, pre-owned commercial vehciles, marbles and granite sanitary wares and bathroom fittings costlier. Electrical goods such as CFL bulbs and sockets have been made cheaper by reducing VAT (value #Assam Budget #CFL bulbs #NewsTracker #Sanitary wares #Tarun Gogoi
