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No signing of Teesta pact during Modi’s Bangladesh visit says Sushma Swaraj

India today said the long-pending Teesta water-sharing pact with Bangladesh will not be signed during Prime Minister Narendra Modi’s visit to that country beginning June 6. Announcing this External Affairs Minister Sushma Swaraj said views of West Bengal Chief Minister Mamata Banerjee, who is accompanying Modi to Bangladesh, will be taken before making a final […]

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Railways upper class fares hiked by 0.5 percent from June 1

Fares for first class and AC class in passenger trains besides freight charges will be increased by 0.5 per cent from June 1 as new service tax will come into effect. “Currently, 3.708 per cent service tax is levied on train fares for AC Class, First Class and freight. This will go up to 4.2 […]

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India has potential to take GDP to double digit says Arun Jaitley

Buoyed by the country’s GDP growth of 7.3 per cent in FY 2014-15, Union Finance Minister Arun Jaitley today said India has the potential to improve the economic growth to double-digit. “The country has the potential of taking the economic growth to double-digit. The government will take appropriate action in the regard,” Jaitley told reporters […]

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‘Suit boot’ is still okay than ‘suitcase’ replies PM Modi

In a strong response to Rahul Gandhi’s ‘suit boot ki sarkar’ jibe, Prime Minister Narendra Modi has said “Suit boot is definitely more acceptable than suitcase.” He also said that the contentious Land Acquisition Bill is not “a matter of life or death for me” and that he was prepared to accept any suggestions. “Suit […]

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IGI airport scare: Delhi govt & AERB says No leak of radioactive substance

A radiation scare at the Indira Gandhi International Airport forced suspension of cargo operations but nuclear regulator and Delhi authorities said there was no leak of radioactive substance from a consignment unloaded from a Turkish Airlines plane. The Atomic Energy Regulatory Board (AERB) found that an “organic liquid” from another consignment had spilled over the […]

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India gains 7.5% growth in Jan-Mar quarter, overtakes China

India has overtaken China to become the world’s fastest growing economy by gaining 7.5 per cent GDP for the Jan- March quarter, prompting Finance Minister Arun Jaitley to say that the economy is clearly on “a recovery path”. The economic growth rate on sequential basis improved from 6.6 per cent in the third quarter (October-December) […]

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Indian karate team picking up technique says Coach

Karate Coach from World Karate Association, Antonio Oliva Seba, today said Indian kartekas were easily picking up techniques. Antonio was training 73 Karatekas of Indian team for the last one month at Kumaraguru College of Technology here. “I have taught the skills to the students the importance of timing and how to utilise it effectively.They […]

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Make in India should not entirely focus on global market: Rajan

Reserve Bank Governor Raghuram Rajan today said it was a ‘worthwhile ambition’ to pursue Make In India campaign but cautioned that the whole effort should not be made towards producing for overseas markets as global slowdown could create problems. The Reserve Bank chief also underlined the need for creating conducive regulatory atmosphere and infrastructure for […]