Posts Tagged ‘India latest news’


India offers help to Nepal in building SEZs

Wednesday, September 17th, 2008

India has accessible assist to Nepal in its arrangement to create individual financial Zones (SEZ) for charitable an increase to industrial concept of neighboring country. The current was made by business and Industry Minister Kamal Nath at his conference with Commerce and equipment Minister of Nepal Rajendra Mahato at this time yesterday.

Nepal is location up four SEZs as latest Maoists-led union government is embark on latest policies to seek investment, including the foreign through deal.

In his address to best of Indian industry, Nepal Prime Minister Pushpa Kamal Dahal ‘Prachanda’ had said his management would be establish reform in industrial policy and “SEZ will be recognized to promote the country’s exports”.

A business allocation supplementary ‘Prachanda’ complained that a rush in Indian SEZs have eroded preference for developed goods in Nepal. This go next to spirit of the 1996 treaty between two countries, they said.

Over 87 SEZs are prepared in India though 250 taxes free of charge enclaves have been notify and are below dissimilar stages of completion.

They said imposition of sell overseas duty by India on substance just like steel has unnatural Nepalese financial system which depends significantly on Indian imports.

The Nepalese allocation also is lodged in its objection in excess of Special extra Duty imposed by India on import from Nepal.

The mutual trade of $2 billion is extremely skewed in favor of India, which latest Nepalese Government requirements to correct.

Situation critical in J&K; 7 killed, curfew in Srinagar

Tuesday, August 12th, 2008


At least seven people have been murdered and some of them are injured in fresh round of aggression in Jammu and Kashmir over the Amarnath land transfer issue. Three were attempt dead in Bandipore while two men are dead in the Lasjan district. In Jammu, two citizens were killed in a shared flare up. Blackout remains compulsory in Srinagar for the second day, with areas in Jammu also declining under the blackout. There was firing on activist in Askoora, Palhan district as well.
First event of firing happen in Baramullah as activist tried to challenge the curfew, protest towards LoC. The Army has been reserved on for support in the Kashmir valley with the state of affairs become tense. Curfews have been forced in Kishtwar of Jammu district as a defensive measure since 0600 hrs on this morning, by the police official. Two more people have been executed and fifteen hurt in the area in a common clash. Army was called to help police force in the reinstate normalcy after event of inflammable occur at some places.