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MP govt may raise upper slab of VAT
Stung by the Centre’s indication to compensate half of what was promised as full compensation against phasing out of Central Sales Tax (CST), the Madhya Pradesh government may increase the upper slab of value added tax to 15 per cent from the existing 12.5 per cent before goods and service tax (GST) comes into effect.

Ford India to increase prices from January 2010
Ford India will hike the prices of all its models across the board from January 1, 2010. The upward price revision is due to a steady rise in input costs and exchange rate fluctuations. Ford India is a wholly owned subsidiary of Ford Motor Company.

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'Consolidation will happen in the domestic drug industry'
P B Jayakumar / Mumbai September 25, 2009, 0:10 IST
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Now resume dialogue on Korean denuclearisation: Kerry

Buoyed by the diplomatic success of former US president Bill Clinton in securing the release of two American journalists from North Korea, a top Senator has asked Pyongyang and Washington to now resume dialogue on the denuclearisation of the Korean Peninsula. - Bill Clinton on surprise visit to NKorea - US rules out any direct talks with North Korea - US open to conditional talks with North Korea - NKorea suggests different disarmament talks - UN panel slaps sanctions on 5 N Korean officials, 5 entities - South Korea developing new electronic bombs John Kerry, Chairman of the Senate Foreign Relations Committee, in a statement welcomed the news that US citizens Laura Ling and Euna Lee have been pardoned by North Korea and are now on their way home. "North Korea is doing the right thing by granting Mrs Ling and Mrs Lee amnesty and letting them return to their families. I hope this goodwill gesture will create a new, more positive tone in US-DPRK relations," Kerry said. Using the occasion, Kerry called on the US and North Korea to promptly resume talks on denuclearisation. "This moment shouldn"t be lost," he said. "North Korea"s pursuit of nuclear weapons is a threat to regional security and stands as an obstacle to what the people of North Korea most want: respect, security, development, and peace," Kerry added. "But the United States, in concert with the Republic of Korea, Japan, China and Russia — our partners in the Six Party Talks — remains willing to engage in a mutually respectful dialogue with the DPRK to accomplish the goals of denuclearisation and normalisation and to create a permanent peace mechanism for the Korean Peninsula," he said.


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