New Urea policy to be formulated, FDI provides additional resources: Arun Jaitley

New Delhi, July 10 (ANI): Finance Minister Arun Jaitley while presenting the General Budget said that the government will formulate a new policy regarding urea. He also said that the FDI provides additional resource in many sectors. Jaitley proposed to increase FDI in Defence from 26% to 49% with full Indian management and control. Jul 10, 2014

Committed to provide stable tax regime: Arun Jaitley

New Delhi, July 10 (ANI): Finance Minister Arun Jaitley while presenting the General Budget laid stress on providing a stable tax regime which will be more investor friendly. Jaitley said that the government will not retrospectively change any policies. Jul 10, 2014

Finance Minister stern on taking bold steps to spurt daunting economy

New Delhi, July 10 (ANI): Being stern on taking bold steps to spurt the daunting economy, Finance Minister Arun Jaitley said that the economy has to be made such that the future nation is not lying on debt from present. He said that there is an urgent need to revive the resources for future of the nation. He also focused on two years of low GDP growth in the UPA regime. Jul 10, 2014

Steps in budget just beginning of journey on way of establishing macro economy: Jaitley

New Delhi, July 10 (ANI): As the Finance Minister Arun Jaitley presented 2014-15 National budget on Thursday, he said that the steps announced in the budget are the beginning on the way of establishing a stable macro economy. Jaitley remained positive and said that there are greener shoots of recovery and that budget is comprehensive action plan in the process. The finance minister termed the economic condition as a great challenge and accepted the same. Jul 10, 2014

Security personnel gun down militant in Kashmir gun battle

Handwara, July 10 (ANI): A militant was killed in an ongoing gun battle between rebels and India's security forces in Handwara area of Kupwara district in Jammu and Kashmir. In a joint operation launched by state police and the Indian Army, security personnel acted upon information received about presence of four to five militants in Handwara in Kashmir. Superintendent of Police (SP) in Jammu and Kashmir, Maqsood-ul–Zamaan, said the encounter began after one of the army personnel was injured in firing. Jul 10, 2014

TKS Elangovan hopes for early release of convicts in Rajiv Gandhi assassination case

Chennai, July 10 (ANI): DMK leader, TKS Elangovan, hoped for release of convicts at the earliest after the Supreme Court of India's stayed their release in Rajiv Gandhi assassination case. The Supreme Court has stayed the release of any of the convicts till July 22. Meanwhile, Tamil Nadu Congress Committee (TNCC) president B.S. Gnanadesikan, said the new government must take up the issue. Jul 10, 2014

Indian worker returning from Iraq succumbs to illness

Gurdaspur, July 10 (ANI): An Indian youth, Shemshar Singh, died in Sharjah hospital while returning back home from war-torn Iraq. Shemshar, 24, who belonged to Gurdaspur district of Punjab, was returning back from Iraq with 11 other colleagues, when he fell seriously ill and was admitted to Sharjah hospital in Dubai. Succha Singh, father of Shemshar, said his son was working in Iraq as a labourer as he had volunteered to provide financial assistance to the family. Jul 10, 2014

Dhaka residents express happiness after UN rules for Bangladesh in sea border dispute with India

Dhaka, July 10 (ANI): Residents in Dhaka were jubilant after a U.N. tribunal awarded Bangladesh nearly four-fifths of an area sprawling over 25,000 sq km (9,700 sq miles) in the Bay of Bengal, ending a dispute over a sea border with India that has ruffled ties between the neighbours for more than three decades. The dispute had hampered the economic development of both countries for more than 30 years. Jul 10, 2014