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HC hauls up Nagri ‘vested interests’

-The Telegraph Jharkhand High Court today ruled out return of land acquired by the state government in Nagri way back in 1957-58, even as it reproached public representatives for “blowing the issue out of proportion and misguiding the poor and illiterate”. The court also asked the government to translate all earlier court orders into Hindi and regional languages for circulation among the villagers so that they understood the issue better. “Land acquired cannot...

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FDI in multibrand retail will not further reform agenda-Manoj Pant

-The Economic Times The crisis of the euro, a current account deficit of over 4%, double-digit inflation, corruption in governance and a failing political system. It would not be unfair to say that these factors have combined in varying degrees at different times to lead to the conclusion that the globally-acclaimed India growth story seems to be heading for an unhappy ending. Many have labelled this - unfairly, I think - as...

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Indians get pessimistic amid global downturn-Abhijit Patnaik

-The Hindustan Times   The rain gods may have brought some cheer to everyone after a scorching summer, but a sense of gloom about the Indian economy appears to be building. A study by US-based Pew Research Centre has found that while just a year ago, 51% people were satisfied with the way things were in the country (and 47% dissatisfied), today, the proportions have reversed — 59% are dissatisfied and only...

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Govt mulls Rs 20,000cr boost for road projects

-The Times of India With award of highway projects slowing down due to bad market sentiment, the government is banking on rolling out about 3,000-4,000 km highway projects with 100% financial support.  The National Highways Authority of India (NHAI), which has identified these stretches, is likely to spend about Rs 15,000-Rs 20,000 crore (including land acquisition expenses) in the next two years.  Industry insiders said that this could save the day for the...

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Congress raises Rs 1,662 crore in 5 years, BJP Rs 852 crore-Pradeep Thakur

-The Times of India   India's GDP growth rate may have dropped in the past few years but that has had little impact on the bottomlines of the country's leading political parties. The coffers of the main parties have been swelling, with the richest amongst them, the ruling Congress, having made a cool Rs 1,662 crore in the last five years till 2011-12 and the BJP in second place with Rs 852...

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