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Rs 4,551-cr FDI proposals get govt nod
The government has approved 17 foreign direct investment (FDI) proposals worth Rs 4,551 crore, including that of the Federal Agency for State Property Management of the Russian Federation to buy 20 per cent stake in telecom service provider Sistema-Shyam for Rs 3,051 crore.

Cane production may rise 10% in Karnataka
Karnataka is likely to witness a marginal rise of about 10 per cent in sugarcane production for the next sugar season commencing October 2009. This is despite a rise in the statutory minimum price of sugarcane announced by the Centre for the next year.

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'Differentiation is driving sales'
Ranju Sarkar / December 4, 2009, 0:36 IST
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PM asks bureaucrats to be innovative and quick

Talking to the civil servants, Prime Minister Manmohan Singh today asked them to be innovative and quick, saying people resent "apathy, sloth and corruption" at any level of government more than ever before. - Hinduja praises PM and team for India"s resilience - PM asks states to bolster food production - Sanjaya Baru: Subbarao affirms RBI dharma">Sanjaya Baru: Subbarao affirms RBI dharma - Dry winter worries HP farmers - Panel recommends review of SEZ Act - I don"t have to worry about Muslims In India Doing some plain-speaking at the first annual conference of Chief Secretaries here, he said there was clamour for accountability from all quarters -- the legislature, the judiciary and the media. "The rising expectations of the people make them impatient with the speed at which we can deliver results. People today resent apathy, sloth and corruption in any form and at any level of government more than ever before," he told the two-day meet. He said "while there is unprecedented optimism in the country about our prospects for the future, there are also new challenges that we as administrators face." "Governance today has become extremely complex," he noted. Dwelling on the security scenario, the Prime Minister said terrorism, insurgency and extremism needed to be tackled with a firm but effective and sensitive hand. "It is one of the primary responsibilities of any government to ensure the rule of law... An atmosphere of peace and communal harmony is also a pre-requisite for rapid economic growth, he said. Observing that economic reforms over the last 20 years have enabled the country to become one of the fastest growing economies in the world, he said the country has the resilience to deal and meet the challenge of crises as "our response to the recent global downturn shows".


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