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Zenith Computers Ltd [Get Quote], one of the largest manufacturers of personal computers in India, on Thursday launched the nation's lowest-priced laptop, preloaded with Microsoft OS, at Rs 14,999. read more »
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They are the ones who risk life and limb in the line of duty but the rewards for doing so are virtually nil for members of the bomb detection and disposal squad.

For instance, a member of the BDDS is insured for Rs 1.25 lakh in the eventuality of death. The corresponding amount for his counterpart in the anti-terrorism squad is Rs 10 lakh. In addition, the ATS staffer gets a house rent allowan read more »
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Close to 2000 acres of rice fields in Raigad are being destroyed by tidal water. The Maharashtra government is yet to repair the bunds built to keep seawater away. And now the land cannot be productive for three years.

The inclusion of some of this land in the proposed reliance SE read more »
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Inflation raced to a 13-year high of 11.05 per cent for the week ended June 7, 2008, driven by a 7.8 per cent rise in fuel, power and lubricants prices and a 14 per cent surge in ATF prices.

The stock market reacted sharply, falling by over 500 points to end a dismal week of performance. The current inflation is clearly caused by the global spike in oil prices

The RBI may be feeling it’s a read more »
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Deputy Chief Minister R R Patil has issued a diktat to all IAS officers to adopt car pools to cut down on travel expenses.

Chairing a meeting attended by top officials and police officers to devise means to control expenses on fuel and travel, which are expected to soar owing to last week’s price hike, he said, "Reduce fuel bill by 5%. Avoid uncessary meetings and travel. Three-to-four office read more »
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Close on the heels of a steep hike in petroleum prices, residents of Mumbai's suburbs will have to absorb a moderate hike in electricity tariff with effect from June 1.

State power regulator MERC on Thursday cleared an average tariff hike of 10.22% across categories for consumers of Reliance Energy Limited (REL), the supplier in suburbs.

While residential consumers will have to deal with read more »
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War veterans and war widows of the 1971 War are paying a price for a gift that was meant to be priceless.

After having fought Pakistan in 1971, gallantry award winners who between them were granted around 18 acres of land in Wadgaon Sheri in recognition for their service and sacrifice for the country, find themselves battling encroachments, 37 years hence.

With no help forthcoming from th read more »
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Even as inflation-driven rising prices are forcing citizens to cut down on groceries, some traders are aggravating the problem by hoarding commodities to create shortages and make a profit.

One such trader was arrested on Thursday for hoarding around 9,400 quintals (1 quintal = 100 kg) of mutter (pea read more »
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The builder lobby is upset over the idea of setting up the Maharashtra Housing Regulatory Authority, a quasi-judicial body that will control, among other housing issues, the prices of houses built by private builders.

“When the government cannot provide us with land at a cheaper cost, how can it expect us to sell the property at a lower price?” argues Anand Gupta, chairman of the Builder Asso read more »
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Although summer is some time away, Mumbai has already started welcoming the king of fruits a full month early. The prolonged & intense winter that hit the usually warm state last month resulted in mangoes being picked by farmers and transported to markets earlier read more »
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With cheaper car variants set to swamp the automobile market, the government is bracing to contain the spin-off, congestion of roads, with a steep hike in parking fees in cities like Mumbai.

If the plan mooted by the Urban Development department comes through, vehicle owners in cities like Mumbai, Pune, Nagpur and Nashik will end up paying parking charges in accordance with the price of land read more »
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South Mumbai is witnessing an explosion in real estate prices builders are demanding, Rs 60 crores for 10000 sq feet flat and they are getting it. read more »
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Real estate developers fear 30% to 50% increase in prices as well as demand for property in Mumbai, Pune, Nasik, Chennai and Bangalore, compared with the ongoing steady demand and prices in Delhi and the NCR region from March 2008 onwards. read more »
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