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EU's Solana to meet Iran's Larijani tomorrow

BRUSSELS, Sep 13 (Reuters) European Union foreign policy chief Javier Solana will meet Iran's chief nuclear negotiator Ali Larijani tomorrow for new discussions aimed at resolving the dispute over Tehran's nuclear programme, the EU said.

''It's tomorrow. It will be somewhere in Europe, not in Brussels,'' said Solana spokeswoman Cristina Gallach, adding the aim of the meeting was ''to prepare the conditions in order if possible to start negotiations.''.

Diplomats said Larijani offered at weekend talks with Solana in Vienna to consider temporarily suspending uranium enrichment once negotiations aimed at resolving the dispute began. Washington has said it has no knowledge of any such offer.

The West believes Iran's pilot nuclear program, which Tehran says is solely to generate electricity, is a cover to produce atom bombs and has condemned its disregard of an August 31 UN Security Council deadline to stop enriching uranium.

Big powers' foreign ministers will meet on the sidelines of the UN General Assembly in New York starting next week to discuss moving forward with possible sanctions against Tehran if there has been no breakthrough by then.

However UN Security Council veto-holders China and Russia, plus a number of European nations with significant trade with Iran, are wary of imposing sanctions and advocate giving more time to seek a possible compromise.

EU foreign ministers will discuss Iran at a regular meeting on Friday in Brussels.

REUTERS PDM KN1359

UTI Mutual Fund launches Wealth Builder Fund

Bangalore, Sept 13: UTI Mutual Fund announced the launch of a new scheme 'UTI Wealth Builder Fund' a close ended equity scheme with a maturity period of five years with automatic conversion into an open-ended scheme upon maturity.Speaking to media persons fund manager Harsha Upadhyaya said the units which were on sale could be bought till October 11.The objective of the scheme is to achieve long term capital appreciation by investing predominantly in a diversified portfolio of.....

Sensex up 252 pts on declining global crude price

Mumbai, Sept 13: Bombay Stock Exchange (BSE) Sensitive Index (Sensex) moved past the 11,900 mark once again, witnessing a 400 figure correction few days ago, to currently trade at 11,912.86, a 252 point gain from the previous close.The upclimb is largely attributed to declining global crude oil prices, which declined to six-month low figure of US dollar 63 per barrel mark, last breached on March 27.On the BSE sectoral indices, there were no losers. The list of.....

Ashwani Kumar nominated to PM's HLCM

New Delhi, Sep 13 (UNI) Government has nominated Minister of State for Industry Ashwani Kumar to an Empowered Sub-Committee of the High Level Committee on Manufacturing (HLCM). The Empowered Sub-Committee will monitor the follow up action on implementation of the decisions taken by the HLCM and will be responsible to formulate, review, and approve policy papers and proposals for submission to the HLCM. It will act as the main executive body of the.....
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