April 26, 2012
A brief news round-up from the past two weeks:
Reshuffle in Congress? 4 Ministers may quit to look after party affairs
The Congress is set for a major reshuffle with several senior ministers writing to party President Sonia Gandhi saying they want to be relieved of their portfolios and work for the party.
Gujarat to become India’s largest solar power producer
Commercially exploiting large tracts of wasteland, Gujarat is set to emerge as India’s largest solar power destination. The Chief Minister will dedicate 600 MW of solar power projects to the nation on Thursday.
India Replaces China as Iran’s Top Oil Client
India has vaulted to the top of the list of Iran’s oil customers, overtaking China, in a first-quarter buying surge ahead of tighter sanctions against Tehran this summer, data published by a leading industry consultant showed.
Global bodies want US to take up Vodafone issue at IMF meeting
Batting for Vodafone, several US-based industry associations have asked Washington to take up the controversial issue of amending the Income Tax Act with retrospective effect with India at the upcoming IMF-World Bank Spring Meetings.
India to allow FDI from Pakistan
India has in-principally agreed to allow Foreign Direct Investment (FDI) from Pakistan, the Commerce, Industry and Textiles Minister, Mr Anand Sharma, said on Friday.
US, India setting up $125 mn clean energy centre
In a significant development in the quest for clean energy, three top research institutions each in India and the United States have joined hands to form three consortia that will make up the USD 125 million US-India Joint Clean Energy Research and Development Centre (JCERDC).