The Hindu Business Line : Monday, April 02, 2007

FOREIGN RELATIONS
Japan plans extending loans twice a year
Japan may take up official development assistance (ODA) commitments to India twice in a financial year as against the prevailing practice of annually Exchanging Notes for such commitments. "While the quantum of ODA would not increase or change, ... More

POLICY
Validity of duty pass book scheme extended again
The Centre has extended the validity of the duty entitlement passbook (DEPB) scheme till March 31, 2008. The DEPB scheme was to lapse on Saturday. This is the second extension of the scheme, which serves about 30 per cent of the country's ... More

POLITICS
Reddy's son declines land offer from Govt
With the allocation of 486 acres of land by the Andhra Pradesh Cabinet to Raghuram Cement Company in Kadapa district snowballing into a major controversy, Mr Y.S. Jaganmohan Reddy, son of Dr Y.S. Rajasekhara Reddy, the Chief Minister, and a ... More

STATES
States buying high-cost power to tide over summer crisis
With the possibility of a power crisis looming large this summer, States are resorting to desperate measures to buy electricity well in advance to tide over the shortages, mostly at exorbitant prices of upwards of Rs 7 per unit during the peak ... More

SECURITY
Kerala to hand over Keltec to DRDO
The Defence Minister, Mr A.K. Antony, who held discussions with Keltec officials recently, said the proposal was under consideration of the Ministry. More

PEOPLE
V.N. Kaila takes over as CGA
Mr V.N. Kaila on Sunday took over as the new Controller General of Accounts (CGA). He succeeds Mr S.W. Oak, who demitted office of CGA on superannuation. Prior to his taking over as CGA, Mr Kaila, who belongs to the 1971 batch ... More

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