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Power crunch impeding industrial growth: Industry
Sub-optimum availability of power to the industry is one of the main impediments in the path of industrial growth, PHD Chamber of Commerce and Industry president Satish Bagrodia said here.

Insurers wait yet another year for increase in FDI
The year 2009 saw insurance firms waiting for easing of foreign direct investment (FDI) norms, just as they have done every year for the last five years, but there is promise of the law being amended to this effect next year.

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FinMin not opposing new FDI norms
Shedding earlier reservations over some aspects of the controversial new FDI guidelines, the Finance Ministry now says it does not have any objection to new rules that changed the criteria for calculation of foreign ownership in a company and its downstream investment.
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BJP stakes claim for Oppn Leader's post in Maharashtra

The BJP, which got two more seats than ally Shiv Sena in the Maharashtra Assembly poll, has staked claim on the post of the Leader of Opposition in the Assembly, held by the latter for the last 10 years. - BJP looks to gain traders' trust, slams tax code - Dorjee Khandu elected CLP leader in Arunachal - Congress wants Speaker"s post in Maharashtra - Vasundhara Raje steps down as Rajasthan Leader of Opposition - Voters send 23 women out of 287 in fray - A stabilising verdict With 46 of its candidates elected in the polls, the BJP stood at the third position in the state, while the Sena was relegated to the fourth position with 44 candidates. "As per the rules, we have more number of MLAs after the ruling alliance. So it is obvious we will get the post of Leader of Opposition in the Assembly," state BJP general secretary Vinod Tawade told PTI. However, there has been no discussion on the issue in the party and between the allies so far, Tawade said. The Sena is also facing an embarrassment with the defeat of its leader Ramdas Kadam, who was Leader of the Opposition for the past five years. In BJP, Jalgaon MLA Eknath Khadse"s name is being discussed for the position. However, the Sena is not ready to let go of the post easily. It is seeking the support of four candidates of the PWP, who won with its backing and a former Sena activist Vivek Pandit, who won Independent from Vasai in Thane district. Sena executive president Uddhav Thackeray is holding a meeting with newly-elected MLAs today to decide on the issue. The BJP has also convened its first meeting on Friday which will be addressed by BJP general secretary Gopinath Munde and state president Nitin Gadkari.


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