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India can emerge as a leading global gold trading hub
With annual demand for gold set to rise from 933 tonnes last year to 1,200 tonnes by 2020, India has the potential to emerge as the world's leading trade hub for gems and jewellery, a cross-section of experts have opined
"We should establish India as a brand to reckon with and ascertain its leadership position in the gl...
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New IT policy in Uttar Pradesh to get delayed
Uttar Pradesh, which was once among the country's top three IT exporting States, has now slumped to the Sixth position
The much-awaited new Information Technology (IT) policy in Uttar Pradesh would be delayed as the base document of the new policy is yet to be prepared.
The base document to frame the new policy would be ...
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Morgan Stanley study indicates India's urbanisation trend intact
Morgan Stanley has announced the findings of its latest AlphaWise work concluding that India continues to urbanise at a strong pace driven by a combination of uptrending consumption, robust job creation and growing financial penetration.
The study showed that India's urban population has grown by 2.8ppt annually over th...
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Mission Milk to Boost Milk Production by 2021
The ambitious target set by the Indian Government provides opportunity for private players to play key role, particularly in providing high quality sex semen to improve cow breed in India
At a time when demand for milk in India is expected to be around 200 million tonnes by 2021-22 against the production of 122.8 millio...
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ADB loan for Rajasthan Solar Plant
The Asian Development Bank (ADB) will lend $103 million to Reliance Power Ltd. to help finance a solar plant in Rajasthan state that will power homes and businesses in India and help bring the country closer to its ambitious solar power generation goals.
The plant will be one of the largest solar plants in India, and th...
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'Govt lacks political will to take hard decisions': Shaw
Biotech major Biocon Ltd Chairman and Managing Director Kiran Mazumdar Shaw has alleged that the government lacked political will to take hard decisions and was 'hiding behind coalition politics'.
Replying to a question, she told newsmen here that, 'I think the Government has to wake up. 'It cannot keep hiding behind co...
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Ban sees important role of India in Afghanistan's quest for peace, prosperity
UN Secretary General Ban Ki-moon said India should play an important role in Afghanistan's transition to peace and stability.
While welcoming the reconciliation initiative by Afghanistan, the UN Chief, who visited India on April 27, expressed disappointment that the process had barely started when the terror strike took...
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Exports from SEZs up by 15%
India's exports from special economic zones (SEZs) went up by 15.39% to Rs. 3,64,478 crore in 2011-12 from Rs.3,15,868 crore in the previous fiscal, Export Promotion Council for EOUs and SEZs chairman Jatin Mehta said.
He said investments of Rs.2,01,874.76 crore have been made in the tax-free enclaves which have given e...
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Coal import may rise to 150 mt in FY13
Coal import in India is likely to witness a substantial jump in 2012-13 up to 150 million ton, compared to 117.46 mt in the previous year, India Coal Market Watch (ICMW) has said quoting an analyst's report.
The prediction is based on about an 8-9% demand growth and a slower growth in domestic production.
Import would al...
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India achieves export target but trade deficit widens
India achieved its exports target for 2011-12 by recording overseas shipments at $303.71 billion, but imports of 488.64 billion widened its trade deficit in the year to $184.92 billion, government data shows.
Exports in the year gone by grew 21% over $251.1 billion in 2010-11 but imports grew by 32.15% on rising oil and...
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