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Industry to grow at 7% plus in Aug, near 9% in Oct: IEG
With the economy showing signs of recovery, industry would pick up further momentum with a growth of more than seven per cent in August and nearly nine per cent in October, economic think-tank Institute of Economic Growth (IEG) today projected.

FM has done good job in govt borrowing: Kochhar
Finance Minister Pranab Mukherjee holds a couple of Master of Arts degrees, but banker Chanda Kochhar rates him as a great financial engineer for designing the government"s borrowings taking care not to hurt the credit needs of the industry.

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Shinde asks power cos to start work on coal blocks in two yrs
Power Minister Sushil Kumar Shinde today threatened action against companies that do not start work on captive mines within two years of allotment.
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Pak assures seriousness in 26/11 probe

Terming as "unfortunate" the stalled Indo-Pak talks, Pakistan has advocated delinking of resumption of composite dialogue from the 26/11 probe, saying it was "seriously" pursuing all the leads provided by India. - UN to cut staff by 40% in Pak on security concerns - Pak must cooperate with US to wipe out Al-Qaeda: Obama - Zardari seeks US mediation on Kashmir - Obama threatens to send troops to Pak to shut down Taliban - "Pakistanis are the most endangered by extremism" - "White House authorises expansion of drone attacks in Pak" "Both Pakistan and India are today at a stage unfortunately where there is no dialogue between them....If we are seated across the table and agree to disagree, even that is an improvement over the current state of affairs," Pakistan High Commissioner to India Shahid Malik said at a book release function here yesterday. Maintaining that Pakistan had made "repeated requests" to India to start the dialogue process and was still waiting for a positive response, he said, "I was present in Sharm-el-Sheikh (Egypt) in July, where it was agreed in a statement-- where the two Prime Ministers were also present -- that dialogue is the only way forward." He said it was also mentioned in that joint statement that investigations would be delinked from the composite dialogue process. "The term delink was used...," Malik said. "Both (dialogue and probe) have their own importance. Investigations are being conducted into that very unfortunate incident, but at the same time, the dialogue process will not be linked, that was part of that statement," he added. Claiming that investigations were on into the Mumbai terror attacks, Malik said, "So far as investigations are concerned, they continue. Pakistani government is seriously pursuing all the leads that have been provided by India."


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