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Insurance Bill deferred to budget session

-The Hindu After having managed to push through the major reforms legislations such as the Banking and Companies Bills and also getting through with the 51 per cent foreign direct investment (FDI) in multi-brand retail, the UPA II dispensation will have to wait till the budget session of Parliament to get the Insurance Bill passed which seeks to raise the FDI cap in the insurance sector to 45 per cent. With the...

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Lok Sabha passes companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal

-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...

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Coal to be king by 2017

-PTI Powered by the growth in emerging market giants China and India, coal is set to surpass oil as as the world’s top fuel source by around 2017, the International Energy Agency forecast on Tuesday. Coal’s share of the global energy mix continues to rise, and by 2017 coal will come close to surpassing oil as the world’s top energy source, the International Energy Agency (IEA) said, releasing its annual Medium-Term Coal...

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Only three days left, govt in a rush to push pending Bills -Saubhadra Chatterji

-The Hindustan Times With just three days left before the ongoing winter session winds up, the UPA floor managers are in a hurry to clear its pending legislative agenda. For Tuesday, the government has listed as many as seven Bills for discussion and passing. Top government sources indicated that it may list heavy agenda for the remaining two days as well. With a large part of the session already disrupted over the...

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CEOs give new land acquisition Bill the thumbs down

-The Business Standard The Bill will negatively impact new projects, with land acquisition cost going up by as much as 150%, say industry captains After the initial euphoria, leaders of India Inc are realising that the proposed Land Acquisition, Rehabilitation and Resettlement Bill will not make their lives easier. Instead, it will negatively impact new projects, with land acquisition cost going up by as much as 150 per cent, making large projects...

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