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Nostalgia, fervour mark 50th I-day
A grand midnight session in Parliament, a laser show, fire-works and an emotional march by freedom fighters, marked the golden jubilee celebrations of India's Independence.
Tight security in Assam as train blast claims 7 lives
With insurgency groups in the North East determined to carry out a day-long bandh on the fiftieth year of independence, the Army is taking no chances. For the fourth consecutive day, there was no let up in the series of attacks unleashed by the insurgent groups in Assam.
World lauds India's achievements
World leaders have lauded India for achieving all-round development since Independence and said this would enhance New Delhi's role and authority in world affairs.
CBI rapped for laxity in JMM bribery case
The Delhi high court has demanded an explanation from the CBI as to why it had not thrown any light on the payment of travel and dearness allowances (ta/da) to Bihar legislators, who had been allegedly bribed by Congress president Sitaram Kesri during his elections to the Rajya Sabha in 1988 and 1992.
Geeta fails in attempt to revive quota bill in LS
Geeta Mukherjee (CPI), who has been lobbying actively for the women's reservation bill, tried to use her five minutes in the Speaker's Chair to get the Lok Sabha take it up. When that failed, she reverted to her role as a "common" member of the House, and staged a tame, six-woman walk-out.
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Narayanan calls for core sector investment to clock 8% growth
President K R Narayanan expressed serious concern over rising corruption, lack of probity in public life and lamented that economic growth had not matched expectations. Unemployment, poverty and ignorance had grown during the past 50 years.
FIIs shift focus to BoB, holding goes upto 4%
Foreign institutional investors have shifted their focus to Bank of Baroda on the bourses. According to a senior official of the bank, FIIs who had missed the bus at the time of the initial public offering, now hold nearly 4% of the bank's equity.
India Inc cannot be built unless govt backs domestic industry
The Indian industry has, without exception, welcomed the government's moves to liberalise the Indian economy from the middle of 1991. But six years after the liberalisation process started, one hears rumblings about the takeover of Indian companies by MNCs, about Indian industry.
Indian industry needs time, but how much?
A fear often expressed at various levels ever since the economic liberalisation process began in 1991 is: will Indian companies be able to survive the competition from foreign companies?
New Companies Bill moots simpler depreciation norms, allows
The new Companies Bill, tabled in Parliament yesterday, has proposed simplified depreciation norms. They have been recategorised into five broad segments - buildings, plant and machinery, office equipment, ships and vessels and specified machinery.
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