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PM reaches Paris for
Bastille Day parade
Prime Minister Manmohan Singh arrived in Paris
on Monday night to attend the French National Day
parade as chief guest, the first foreign leader to
be accorded the honour. The honour reciprocates
India's gesture of inviting French President
Nicolas Sarkozy as chief guest for its Republic
Day parade in January this year, said French envoy
to India Jerome Bonnanfont.
Sarkozy will be hosting a working lunch for
Manmohan Singh on Tuesday during which the two
leaders will hold talks on a range of bilateral
and global issues. Manmohan Singh leaves after
that for the Egyptian town of Sharm-el-Sheikh,
where he will attend the 15th Non Aligned Movement
(NAM) summit on Wednesday. He is expected to meet
his Pakistani counterpart Yousuf Raza Gilani on
the sidelines of the summit.
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Pak's Punjab govt withdraws appeal against Saeed
The Punjab government in Pakistan on Tuesday
withdrew its appeal against the alleged Mumbai
attacks mastermind Hafiz Saeed, saying that no
evidence has been found to prove Saeed's
involvement in attacks. This comes just a day
after sources told NDTV that arresting Saeed is
key part of action against terrorism and Pakistan
should act against Saeed if it's a decent and
civilised society.
Earlier, Punjab government had filed an appeal
against Lahore High Court's order releasing Saeed.
Both the federal government and the Punjab
government had filed petitions challenging the end
of Hafiz Saeed's house arrest orders. Despite
today's development, the federal government's
petition still stands.
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Punjab CM seeks Rs 28 cr water cess from centre
The Punjab Chief Minister Parkash Singh Badal
urged the Ministry of Environment and Forests,
Government of India to immediately release Rs.
28.31 crore on account of the water cess to the
Punjab Pollution Control Board (PPCB). In a letter
to the Union Minister of State for Environment
and Forests (Independent Charge) Jairam Ramesh,
the Chief Minster sought his personal intervention
to reimburse the said amount which was 80% share
of Rs. 35.39 crore collected by the PPCB. The
Chief Minister further mentioned that the Government
of India has enacted the Water (Prevention and
Control of Pollution) Cess Act in 1977 to augment
the resources of the State Pollution Control Board.
The PPCB is assessing and collecting water cess
from the industries and local bodies as per the
section 3 of this Act. Section 8 of the Act provides
that the proceeds, levied under Section 3 would
be credited to the consolidated fund of India.
The Ministry of Environment and Forests, Govt.
of India, New Delhi through its order No. Q-17011/1/88-CPW
dated December 28, 1998 has mentioned that up
to 80% of the cess amount collected by the Pollution
Control Boards in the State would be reimbursed
to the Board.
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HDFC Bank Q1 Net up 31% at Rs 606 cr
The country's second largest private sector
lender HDFC Bank on Tuesday reported a 30.53
percent increase in net profit at Rs 606.11 crore
for the first quarter ended June 30, 2009. The
private lender had a net profit of Rs 464.35 crore
in the first quarter of FY'09, HDFC Bank said in a
filing to the Bombay Stock Exchange.
The total income of the bank rose 22 per cent to
Rs 5,136.75 crore during the first quarter of
FY'10 from Rs 4,215.15 crore in the corresponding
period a year-ago. During the quarter the bank's
interest income rose 13 percent to Rs 4,093.10
crore and interest expenditure stood at Rs
2,237.52, up 18 percent from the year-ago period
at the end of June 30.
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Armstrong puts pressure on Contador
Lance Armstrong continued playing mind games
with his younger rival and teammate Alberto
Contador on Sunday, hinting that he might be the
strongest rider this year on the Tour and
admitting for the first time that some tensions
have emerged in the Astana team.
With the race's toughest stages still to come, the
37-year old Texan has decided to apply the
pressure to his Spanish teammate and to show he is
still in control despite trailing Contador by a
fistful of seconds overall.
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