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Posco mining licence: SC puts the ball in Centre's court

-PTI   The Supreme Court today set aside the Orissa High Court order which had quashed state government's petition to allot iron ore licence to South Korean steel major Posco in Khandadhar hills in Sundergarh district for a multi-crore steel plant. A bench headed by Justice R M Lodha asked the Centre to consider all the objections raised by various parties pertaining to the mega steel plant and take a decision. The court was...

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Agriculture now moves into the field of tourism -Madhvi Sally & PK Krishnakumar

-The Economic Times NEW DELHI/ KOCHI: A growing number of farmers are turning entrepreneurs and earning big bucks from something they offered free to friends and relatives - a healthy and relaxing weekend to unwind in lush green farms, drive a tractor, ride a bullock cart, milk a cow and pluck fresh fruit from orchards. Farm tourism, once a small niche, is expanding rapidly and getting a big push from the tourism...

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Weathering forecasts

-The Hindu Business Line The IMD should be conferred autonomous status so that it functions along professional lines, without worrying about political correctness. Given how awry its forecasts in the last couple of years had gone, one can be forgiven for being cynical about the India Meteorological Department's (IMD) prognosis of a ‘normal' South-West monsoon this time. The country's official weather agency has predicted nationwide rainfall during the four-month monsoon season...

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Orissa to complete procuring land for Posco plant in two weeks

-Bloomberg The entire land could be handed over by June to Posco, which already has about 1,700 acres in its possession Mumbai: Orissa expects to complete procuring land needed forPosco's steel complex in less than two weeks as farmers relinquish their opposition on the proposed $12 billion project. About 200 acres (81 hectares) out of the total 2,700 acres are left to be acquired from local residents, said Satya Kumar Mallick, the administrative...

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Private forecaster predicts normal monsoon this year

-The Times of India Early indications look good for this year's monsoon. A week before the India Meteorological Department makes its prediction for the 2013 season, a private weather analytics firm has forecast normal rains in the country, which it said is expected to be 103% of the season's average of 89cm. Private forecaster Skymet said central India is likely to have the least fluctuation from normal through the June-September season, which...

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