BJP National Executive meet from May 25-27

Monday, May 1, 2006, 16:32 [IST]

New Delhi, May 1: The National Executive of the BJP will meet in Ludhiana, Punjab for three days from May 25.

The meeting will among other issues assess the party's performance in the recently concluded elections in four states of Assam, Tamil Nadu, Kerala and Pondicherry, party spokesman Prakash Javadekar said.

UNI

'India needs to shed its socialist legacies'

Monday, May 1, 2006,16:35 [IST]

New Delhi, May 1: A top United States official today said it was India's 'great misfortune of gaining independence at the intellectual high water mark of Fabian socialism and third world nationalism' and lauded the country's recent attempts to usher in an era of market reforms. ''Unfortunately, those economic philosophies held India hostage for several decades. India still has to make up for many years of slower economic growth,'' US Under Secretary of Commerce for International Trade Farklin L Lavin.....

ASEAN Finance Ministers meet to promote ties

Monday, May 1, 2006,16:39 [IST]

Tokyo, May 1: Asian finance ministers, in an effort to sustain the momentum for cooperation nearly a decade after a financial crisis rocked the region, are likely to make small but concrete progress this week in preventing currency turmoil and developing still-immature domestic bond markets.Finance chiefs from the Association of Southeast Asian Nations plus China, Japan and South Korea (ASEAN+3) meet in India on Thursday amid growing pressure on emerging Asian nations to address global imbalances by allowing more exchange.....

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MAN-Force Motors to manufacture heavy trucks

Monday, May 1, 2006,16:48 [IST]

Mumbai, May 1: MAN Nutzfahrzeuge AG and Indian major Force Motors Limited will invest 150 million Euros in a joint venture to manufacture heavy trucks at its Pithampur plant, initially for the Indian market and later for export to other Asian and African markets.Christened MAN Force Trucks Private Limited, Force Motors will hold 70 per cent stake in the JV with MAN Nutzfahrzeuge holding the remaining 30 per cent.Similarly, the scope of co-operation between the two partners is.....

Uttaranchal: Reliance, ITC to set up pvt mandis

Monday, May 1, 2006,16:50 [IST]

New Delhi, May 1: Reliance and Tobacco major ITC are all set to foray into the agri-business in a big way in Uttaranchal with the state government offering bulk licences for setting up private mandis for a better deal to farmers.Uttaranchal Chief Secretary M Ramachandaran told UNI that the ITC and the Mukesh Ambani-owned Reliance Agro had shown keen interest in the project, which will provide a level-playing field to the government controlled and private mandis.About 60 bulk.....

K'taka: Construction Workers Welfare Board soon

Monday, May 1, 2006,16:51 [IST]

Bangalore, May 1: The Karnataka Government will soon set up a Construction Workers Welfare Board to protect the interests of the labour class, Labour Minister Iqbal Ansari announced today.Speaking at a function organised to celebrate May Day at the office of the ruling Janata Dal (Secular) here, he said that one per cent cess would be collected from buildings valued above Rs 10 lakh and the amount would be transferred to the Board for taking care of the welfare of.....