India News

Govt Defers 3G Spectrum Auction To Jan 2009

Govt Defers 3G Spectrum Auction To Jan 2009Minister of Communications and Information-Technology, A Raja has indicated that the much waited auction of third generation (3G) spectrum could be delayed by 10-15 days.

The auction, which was initially planned to be held in December this year, has now been deferred to be conducted on January 2009.  

Speaking on this, Mr. Raja said, “We will try to complete it by December 31. However, because of Christmas and holidays, we could postpone it for another ten days. However the deadline is December 31, subject to a little changes.”

‘India ranks first in implementing anti-dumping duties’

World Trade OrganisationNew Delhi, Oct 21 : The World Trade Organisation Secretariat has said that India leads all WTO member-countries in implementing anti-dumping measures followed by European Union and Indonesia during the first six months of 2008.

“Concerning application of new final anti-dumping measures, India reported applying 16 new measures, thereby registering an increase of 78 per cent during January-June over the same period last year,” the WTO said in its report.

India applied for six of the 16 new measures on products in the chemicals sector, it said.

Police seize arms and ammunition from Maoists in Bihar

BiharGaya, Oct 21: Police have recovered a huge cache of arms hidden by Maoists in Bihar's Gaya District.

Acting on a tip-off, the police seized the explosives from a water tank in the Bhalua forest area of the district.

"We recovered a 250-litres tank. On opening it was found it had 200 detonators, 126 tiffin bombs, timers and few wires. It was dumped so that they could easily take out and use it," said R. Mallar Vijji, Superintendent of Police.

On Raj Thackeray’s arrest, Maharasthtra CM says “nobody is above law”

On Raj Thackeray’s arrest, Maharasthtra CM says “nobody is above law”Mumbai, Oct 21: Maharashtra Chief Minister Vilasrao Deshmukh today said that the decision to arrest Maharashtra Navnirman Sena (MNS) chief Raj Thackeray was not a sudden decision, and that nobody was above the law.

"This is not a sudden decision. We took this decision because nobody is above law. Law is same for everyone,” said Deshmukh while talking to reporters here last night.

Repo Rate Cut by RBI Welcomed by Confederation of Indian Industry

New Delhi, Oct.20: The Confederation of Indian Industry (CII) has welcomed the Reserve Bank of India’s decision to cut the repo rate by 100 base points to bring it down to eight percent.

Rajya Sabha adjourned for the day

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