President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

India, Japan to establish strategic partnership

Joint Statement: Towards India-Japan Strategic and Global Partnership 1.The Prime Minister of India, H E Dr Manmohan Singh, is currently paying an Official Visit to Japan from December 13 to 16,......

New entity likely to develop last-mile port connectivity

The shipping ministry is looking at setting up a special purpose vehicle (SPV) for all major ports to provide last-mile rail connectivity. Public sector undertakings (PSUs) under the......

Rlys to award first set of MFCs contracts by Feb

The railway ministry is set to award the first set of contracts for developing a dozen multi-functional complexesacross the country by February next year. Overall, the railways intend to build 66......

Divestment: India's new financial mantra?

Presenting the Union Budget in Parliament on July 6, Finance Minister Pranab Mukherjee proposed estimated divestment proceeds of Rs 1,120 crore for 2009-10, while only a few days before that the......

Divestment: Govt eyes Rs 1,120 crore

The government on Monday announced increasing people's holding in public sector undertakings through the divestment programme, but said it would retain at least 51 per cent equity in these......