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    <title>RxPG News : India Business</title>
      <link>http://www.rxpgnews.com/</link>
      <description>Medical News and Information</description>
      <pubDate>Tue, 15 May 2007 02:05:15 PST</pubDate>
      <language>en-us</language>
      <item>
        <title>11 Indian firms to set up manufacturing units in China</title>
        <link>http://www.rxpgnews.com/business/11-Indian-firms-to-set-up-manufacturing-units-in-China_28005.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 15 - Eleven Indian companies, which were part of a 35-member business delegation to China, have entered into an agreement with Chinese business interest to set up manufacturing facilities and offices there with a total investment of $5 billion, said a leading industry body.</description>
        <pubDate>Tue, 15 May 2007 15:10:04 PST</pubDate>
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        <title>Draft bill to amend Companies Act under preparation</title>
        <link>http://www.rxpgnews.com/business/Draft-bill-to-amend-Companies-Act-under-preparation_27997.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 15 - A draft bill to amend the Companies Act, 1956, is under preparation based on the recommendations of an expert committee and would be introduced in parliament soon, the Rajya Sabha was informed Tuesday.</description>
        <pubDate>Tue, 15 May 2007 14:24:15 PST</pubDate>
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        <title>Spanish firm prefers India to China for joint venture</title>
        <link>http://www.rxpgnews.com/business/Spanish-firm-prefers-India-to-China-for-joint-venture_27982.shtml</link>
        <category>India Business</category>
        <description>Bangalore, May 15 - A leading Spanish manufacturer of printed circuit boards - has opted to set up its first overseas joint venture in India with an eye on the growing domestic demand and huge export potential.</description>
        <pubDate>Tue, 15 May 2007 12:29:23 PST</pubDate>
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        <title>Only foreign vacations please: Outbound travel booms</title>
        <link>http://www.rxpgnews.com/business/Only-foreign-vacations-please-Outbound-travel-booms_27964.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 15 - Going to the hills of Shimla for a break is a thing of the past and wandering in the palaces and havelis of Rajasthan is passe. For a good chunk of neo middle class India, the definition of holidaying today is essentially &#39;travelling abroad&#39;.</description>
        <pubDate>Tue, 15 May 2007 11:12:26 PST</pubDate>
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        <title>New twist in Gurgaon SEZ protest</title>
        <link>http://www.rxpgnews.com/business/New-twist-in-Gurgaon-SEZ-protest_27930.shtml</link>
        <category>India Business</category>
        <description>Chandigarh, May 14 - The village body of Manesar in Haryana&#39;s Gurgaon district Monday alleged that the protest by villagers against Reliance Industries&#39; special economic zone - project there was led by &#39;outsiders&#39; and anti-social elements.</description>
        <pubDate>Mon, 14 May 2007 22:49:19 PST</pubDate>
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      <item>
        <title>Indian Inc leaders to head for Cannes</title>
        <link>http://www.rxpgnews.com/business/Indian-Inc-leaders-to-head-for-Cannes_27922.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 14 - Captains of the Indian industry are all set to head for the Cannes Film Festival beginning this week to promote the country&#39;s entertainment industry and explore business opportunities.</description>
        <pubDate>Mon, 14 May 2007 21:11:01 PST</pubDate>
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        <title>SBI Mutual Fund to tap infrastructure opportunities</title>
        <link>http://www.rxpgnews.com/business/SBI-Mutual-Fund-to-tap-infrastructure-opportunities_27910.shtml</link>
        <category>India Business</category>
        <description>Kolkata, May 14 - State Bank of India Mutual Fund -, one of the leading mutual fund companies, will tap emerging opportunities in the booming infrastructure sector in India with the launch of a new fund.</description>
        <pubDate>Mon, 14 May 2007 20:32:55 PST</pubDate>
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        <title>Probe ordered on tax breaks of Tendulkar, Gavaskar</title>
        <link>http://www.rxpgnews.com/business/Probe-ordered-on-tax-breaks-of-Tendulkar-Gavaskar_27902.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 14 - Income tax exemptions claimed by top cricketer Sachin Tendulkar and former captain Sunil Gavaskar have come under the scanner of the Comptroller and Auditor General of India -, the independent watchdog on government finances.</description>
        <pubDate>Mon, 14 May 2007 20:00:56 PST</pubDate>
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        <title>BIG 92.7 FM to promote &#39;Jhoom Baraabar&#39; songs</title>
        <link>http://www.rxpgnews.com/business/BIG-92.7-FM-to-promote-Jhoom-Baraabar-songs_27898.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 14 - BIG 92.7 FM station, an on-air partner for Yash Raj Films forthcoming venture &#39;Jhoom Baraabar Jhoom&#39;, will Tuesday air the songs from the film in a promotional venture.</description>
        <pubDate>Mon, 14 May 2007 19:48:40 PST</pubDate>
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        <title>Sun Micro, Tech Mahindra join hands for IPTV services</title>
        <link>http://www.rxpgnews.com/business/Sun-Micro-Tech-Mahindra-join-hands-for-IPTV-services_27899.shtml</link>
        <category>India Business</category>
        <description>Mumbai, May 14 - Leading IT firm Sun Microsystems India and telecom software major Tech Mahindra Monday announced a strategic alliance to roll out cost-effective and efficient Internet protocol television - services in the Indian and Asia Pacific markets.</description>
        <pubDate>Mon, 14 May 2007 19:06:31 PST</pubDate>
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        <title>Karnataka withdraws ban on nightshift for women</title>
        <link>http://www.rxpgnews.com/business/Karnataka-withdraws-ban-on-nightshift-for-women_27891.shtml</link>
        <category>India Business</category>
        <description>Bangalore, May 14 - The Karnataka government Monday decided to withdraw the controversial ban on nightshift for women in shops and commercial establishments.</description>
        <pubDate>Mon, 14 May 2007 18:31:41 PST</pubDate>
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        <title>Industry urges government to allow FDI in education</title>
        <link>http://www.rxpgnews.com/business/Industry-urges-government-to-allow-FDI-in-education_27895.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 14 - Pointing to the lack of infrastructure and quality teachers, industry leaders Monday urged the government to &#39;bury the fear of East India Company&#39; and allow foreign direct investment - in education.</description>
        <pubDate>Mon, 14 May 2007 18:21:07 PST</pubDate>
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        <title>Achuthanandan has delayed Smart City project: Chandy</title>
        <link>http://www.rxpgnews.com/business/Achuthanandan-has-delayed-Smart-City-project-Chandy_27896.shtml</link>
        <category>India Business</category>
        <description>Thiruvananthapuram, May 14 - Former Kerala chief minister Oommen Chandy said Monday that the Smart City project, inked a day earlier by the state government and Dubai Internet City -, was their baby and the present government had only delayed the Rs.15 billion --IT project by two years.</description>
        <pubDate>Mon, 14 May 2007 18:20:02 PST</pubDate>
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        <title>Fernandes takes up cause against Reliance Fresh stores</title>
        <link>http://www.rxpgnews.com/business/Fernandes-takes-up-cause-against-Reliance-Fresh-stores_27881.shtml</link>
        <category>India Business</category>
        <description>Ranchi, May 14 - Attacks on the three Reliance Fresh stores here took a new twist Monday when former defence minister George Fernandes came in support of the protesting vegetable vendors.</description>
        <pubDate>Mon, 14 May 2007 18:02:12 PST</pubDate>
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        <title>Now Reliance colour phones for just Rs.1,234!</title>
        <link>http://www.rxpgnews.com/business/Now-Reliance-colour-phones-for-just-Rs.1234%21_27876.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 14 - Reliance Communications - Monday launched a range of colour mobile phones for as low as Rs.1,234 soon after it launched handsets costing just Rs.777 in the monochrome range.</description>
        <pubDate>Mon, 14 May 2007 17:41:33 PST</pubDate>
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        <title>Poor farm growth cause for rural distress: PM</title>
        <link>http://www.rxpgnews.com/business/Poor-farm-growth-cause-for-rural-distress-PM_27868.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 14 - Terming the poor farm output growth a cause for &#39;rural distress&#39; and concerned over suicides by farmers, Prime Minister Manmohan Singh Monday called for a short-term plan and state-specific focus on agriculture.</description>
        <pubDate>Mon, 14 May 2007 16:41:08 PST</pubDate>
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        <title>Record public equity mobilisation by Indian firms</title>
        <link>http://www.rxpgnews.com/business/Record-public-equity-mobilisation-by-Indian-firms_27873.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 14 - Indian companies mobilised a record amount from public equity issues in fiscal 2006-07, raising Rs.249.93 billion - in the process, which was 5 percent higher than in the previous year.</description>
        <pubDate>Mon, 14 May 2007 16:38:42 PST</pubDate>
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        <title>ONGC to invest Rs.100 bn for exploration in northeast</title>
        <link>http://www.rxpgnews.com/business/ONGC-to-invest-Rs.100-bn-for-exploration-in-northeast_27865.shtml</link>
        <category>India Business</category>
        <description>Agartala, May 14 - The state-owned Oil and Natural Gas Corporation - Monday said it would invest more than Rs.100 billion in four northeastern states  - Assam, Nagaland, Tripura and Mizoram - for exploration of gas and oil.</description>
        <pubDate>Mon, 14 May 2007 16:37:49 PST</pubDate>
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        <title>Now Reliance colour phones for Rs.1,234!</title>
        <link>http://www.rxpgnews.com/business/Now-Reliance-colour-phones-for-Rs.1234%21_27869.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 14 - Leading mobile phone operator Reliance Communications - Monday launched a range of colour mobile phones for as low as Rs.1,234 soon after it launched handsets worth Rs.777 in the monochrome range.</description>
        <pubDate>Mon, 14 May 2007 16:35:31 PST</pubDate>
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        <title>Fernandes comes in support of vegetables vendors</title>
        <link>http://www.rxpgnews.com/business/Fernandes-comes-in-support-of-vegetables-vendors-_27861.shtml</link>
        <category>India Business</category>
        <description>Ranchi, May 14 - Saturday&#39;s attacks on the three Reliance Fresh Shops here took a new twist Monday when former defence minister and Janata Dal United - leader George Fernandes opened front in favour of the protesting vegetables vendors.</description>
        <pubDate>Mon, 14 May 2007 16:18:32 PST</pubDate>
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        <title>Dubai expertise for Rajasthan townships, theme parks</title>
        <link>http://www.rxpgnews.com/business/Dubai-expertise-for-Rajasthan-townships-theme-parks_27855.shtml</link>
        <category>India Business</category>
        <description>Jaipur, May 14 - The Dubai government will soon send a technical team to Rajasthan to give their expertise and scout for locations for developing integrated townships, theme parks and convention centres in the state.</description>
        <pubDate>Mon, 14 May 2007 15:22:56 PST</pubDate>
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        <title>Maran&#39;s tenure saw Indian telecom&#39;s growth blossom</title>
        <link>http://www.rxpgnews.com/business/Marans-tenure-saw-Indian-telecoms-growth-blossom_27851.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 14 - His proximity to DMK chief M. Karunanidhi secured IT and Communications Minister Dayanadhi Maran a berth in Prime Minister Manmohan Singh&#39;s cabinet. And this proximity again cost him the job he landed in his very first term as an MP.</description>
        <pubDate>Mon, 14 May 2007 14:21:12 PST</pubDate>
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        <title>Himachal to sell power to Delhi, Punjab</title>
        <link>http://www.rxpgnews.com/business/Himachal-to-sell-power-to-Delhi-Punjab_27839.shtml</link>
        <category>India Business</category>
        <description>Shimla, May 14 - Power surplus Himachal Pradesh is to sell 700 million units of electricity to deficit states of Delhi and Punjab this summer for Rs.2 billion.</description>
        <pubDate>Mon, 14 May 2007 13:37:36 PST</pubDate>
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        <title>Jindal&#39;s 1,000 mw power plant set to begin generation</title>
        <link>http://www.rxpgnews.com/business/Jindals-1000-mw-power-plant-set-to-begin-generation_27836.shtml</link>
        <category>India Business</category>
        <description>Raipur, May 14 - Jindal Power Ltd. will formally begin phase-wise commissioning of its much-awaited 1,000 mw Tumnar power plant in Chhattisgarh in July, a company official said Monday.</description>
        <pubDate>Mon, 14 May 2007 13:36:24 PST</pubDate>
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        <title>NRI ties up with London firm for Bengal mini-townships</title>
        <link>http://www.rxpgnews.com/business/NRI-ties-up-with-London-firm-for-Bengal-mini-townships_27832.shtml</link>
        <category>India Business</category>
        <description>Kolkata, May 14 - Foreign investment in the booming real estate sector of West Bengal gets a boost with a London-based company joining hands with an NRI entrepreneur to invest $20 million in two mini-townships here.</description>
        <pubDate>Mon, 14 May 2007 12:37:18 PST</pubDate>
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        <title>India hopes to export reactors if n-deal goes through</title>
        <link>http://www.rxpgnews.com/business/India-hopes-to-export-reactors-if-n-deal-goes-through_27801.shtml</link>
        <category>India Business</category>
        <description>Kaiga -, May 14 - Although the road to the much talked about Indo-US civil nuclear deal remains bumpy, India&#39;s nuclear industry hopes to cash in if it finally goes through.</description>
        <pubDate>Mon, 14 May 2007 08:00:05 PST</pubDate>
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        <title>Telecom industry jittery over Maran expulsion move</title>
        <link>http://www.rxpgnews.com/business/Telecom-industry-jittery-over-Maran-expulsion-move_27783.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 13 - A DMK committee&#39;s recommendation Sunday night to remove Communications and IT Minister Dayanidhi Maran from the union cabinet has not gone down well with the telecom industry.</description>
        <pubDate>Sun, 13 May 2007 22:37:19 PST</pubDate>
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        <title>Ensure peace, Jharkhand told after Reliance Fresh protests</title>
        <link>http://www.rxpgnews.com/business/Ensure-peace-Jharkhand-told-after-Reliance-Fresh-protests_27767.shtml</link>
        <category>India Business</category>
        <description>Ranchi, May 13 - The Prime Minister&#39;s Office - Sunday asked the law and order agencies in Jharkhand to ensure peace and calm a day after the protests by vegetable vendors over the opening of Reliance Fresh shops here turned violent.</description>
        <pubDate>Sun, 13 May 2007 18:45:40 PST</pubDate>
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        <title>Smart City deal inked: to firm ties between Kerala and Middle East</title>
        <link>http://www.rxpgnews.com/business/Smart-City-deal-inked-to-firm-ties-between-Kerala-and-Middle-East_27768.shtml</link>
        <category>India Business</category>
        <description>Thiruvananthapuram, May 13 - The much-delayed Rs.15 billion --Smart City project between the Kerala government and Dubai Internet City -, aiming to put Kerala on the global IT map, was inked here Sunday.</description>
        <pubDate>Sun, 13 May 2007 18:25:18 PST</pubDate>
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        <title>Raje seeks foreign investment for Rajasthan</title>
        <link>http://www.rxpgnews.com/business/Raje-seeks-foreign-investment-for-Rajasthan_27753.shtml</link>
        <category>India Business</category>
        <description>Jaipur, May 13 - Inaugurating India Festival 2007 in Dubai, Rajasthan Chief Minister Vasundhara Raje has invited the international business community to invest in her state.</description>
        <pubDate>Sun, 13 May 2007 17:18:18 PST</pubDate>
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        <title>PMO speaks to Koda over vendor-Reliance row</title>
        <link>http://www.rxpgnews.com/business/PMO-speaks-to-Koda-over-vendor-Reliance-row_27755.shtml</link>
        <category>India Business</category>
        <description>Ranchi, May 13 - The Prime Minister&#39;s Office - has asked Jharkhand Chief Minister Madhu Koda to look into the angry protests by vegetable vendors over the opening of retail shops by corporate house Reliance here even as 13 people were arrested for Saturday&#39;s violence.</description>
        <pubDate>Sun, 13 May 2007 17:02:46 PST</pubDate>
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        <title>Watchmaker Kamla Dials acquires Swiss company</title>
        <link>http://www.rxpgnews.com/business/Watchmaker-Kamla-Dials-acquires-Swiss-company_27756.shtml</link>
        <category>India Business</category>
        <description>Mumbai, May 13 - India&#39;s leading manufacturer of watch dials Kamla Dials and Devices Ltd - has announced the acquisition of a manufacturing unit in Switzerland to cater to the high-end requirement of watch dials of well known Swiss watch brands.</description>
        <pubDate>Sun, 13 May 2007 16:57:03 PST</pubDate>
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        <title>Finally, Smart City project inked</title>
        <link>http://www.rxpgnews.com/business/Finally-Smart-City-project-inked_27734.shtml</link>
        <category>India Business</category>
        <description>Thiruvananthapuram, May 13 - The much-awaited Rs.15 billion --Smart City project between the Kerala government and Dubai Internet City -, aimed to put Kerala on the global IT map, was inked here Sunday.</description>
        <pubDate>Sun, 13 May 2007 15:48:33 PST</pubDate>
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        <title>India&#39;s defence exports to reach $30 bn by 2012</title>
        <link>http://www.rxpgnews.com/business/Indias-defence-exports-to-reach-%2430-bn-by-2012_27713.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 13 - India&#39;s import of military hardware and software is all set to reach $30 billion within the next five years as its armed forces lap up major defence deals, said a leading industry body.</description>
        <pubDate>Sun, 13 May 2007 12:41:41 PST</pubDate>
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        <title>Prime Minister to chair crucial  plan panel meet Monday</title>
        <link>http://www.rxpgnews.com/business/Prime-Minister-to-chair-crucial--plan-panel-meet-Monday_27718.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 13 - A new scheme for additional central assistance to state governments for the farm sector is likely to be announced Monday during the full Planning Commission meeting to be chaired by Prime Minister Manmohan Singh.</description>
        <pubDate>Sun, 13 May 2007 12:15:38 PST</pubDate>
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        <title>Darkness, dust, disease plague Rajasthan&#39;s mineworkers</title>
        <link>http://www.rxpgnews.com/business/Darkness-dust-disease-plague-Rajasthans-mineworkers_27694.shtml</link>
        <category>India Business</category>
        <description>Jaipur, May 13 - No toilets, no first aid boxes, no weekly offs, no safety provisions and, to top it all, the dangerous mineral dust-laden air...The inhuman conditions under which over two million mineworkers in Rajasthan toil away every day is heartrending.</description>
        <pubDate>Sun, 13 May 2007 10:20:01 PST</pubDate>
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        <title>Darkness, dust, disease plague Rajasthan&#39;s mineworkers</title>
        <link>http://www.rxpgnews.com/business/Darkness-dust-disease-plague-Rajasthans-mineworkers_27701.shtml</link>
        <category>India Business</category>
        <description>Jaipur, May 13 - No toilets, no first aid boxes, no weekly offs, no safety provisions and, to top it all, the dangerous mineral dust-laden air...The inhuman conditions under which over two million mineworkers in Rajasthan toil away every day is heartrending.</description>
        <pubDate>Sun, 13 May 2007 10:20:01 PST</pubDate>
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      <item>
        <title>Sealing violating our fundamental rights: traders</title>
        <link>http://www.rxpgnews.com/business/Sealing-violating-our-fundamental-rights-traders_27670.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 12 - Hundreds of traders held a &#39;Maha Panchayat&#39; - in the capital Saturday and said that the ongoing sealing drive in the city is a violation of their fundamental rights.</description>
        <pubDate>Sat, 12 May 2007 22:05:40 PST</pubDate>
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      </item>
      <item>
        <title>Protesters booked for detaining Posco employees</title>
        <link>http://www.rxpgnews.com/business/Protesters-booked-for-detaining-Posco-employees_27667.shtml</link>
        <category>India Business</category>
        <description>Jagatsinghpur -, May 12 - Police Saturday registered a criminal case against a group of villagers for wrongfully detaining for hours four employees of South Korean steel major Posco as part of their protests against the firm&#39;s plans to set up a plant in Orissa.</description>
        <pubDate>Sat, 12 May 2007 22:04:35 PST</pubDate>
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      </item>
      <item>
        <title>Fiji woos Indian tourists</title>
        <link>http://www.rxpgnews.com/business/Fiji-woos-Indian-tourists_27635.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 12 - A high-level delegation from Fiji is currently in India to promote the south Pacific Ocean island as a preferred destination for Indian tourists, promising  Fiji &#39;has so much more&#39;.</description>
        <pubDate>Sat, 12 May 2007 16:56:12 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/Fiji-woos-Indian-tourists_27635.shtml</guid>
      </item>
      <item>
        <title>Vegetables sellers attack Reliance Fresh shops, dozen injured</title>
        <link>http://www.rxpgnews.com/business/Vegetables-sellers-attack-Reliance-Fresh-shops-dozen-injured_27628.shtml</link>
        <category>India Business</category>
        <description>Ranchi, May 12 - More than a dozen vegetables sellers, mostly women, were injured Saturday when police cane charged a mob protesting the opening of vegetables shops by Reliance Fresh here.</description>
        <pubDate>Sat, 12 May 2007 16:10:40 PST</pubDate>
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      </item>
      <item>
        <title>Indian equities end lower after five weeks of gains</title>
        <link>http://www.rxpgnews.com/business/Indian-equities-end-lower-after-five-weeks-of-gains_27617.shtml</link>
        <category>India Business</category>
        <description>Mumbai, May 12 - Despite net purchases by both domestic and foreign funds, Indian equities finished lower during the week ended Friday to snap four straight weeks of gains as bears held a firm grip on the market amid sharp volatility.</description>
        <pubDate>Sat, 12 May 2007 13:18:16 PST</pubDate>
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      <item>
        <title>Cairn to set up enterprise centre in Rajasthan</title>
        <link>http://www.rxpgnews.com/business/Cairn-to-set-up-enterprise-centre-in-Rajasthan_27599.shtml</link>
        <category>India Business</category>
        <description>Jaipur, May 12 - The Rajasthan government will provide office buildings and land to energy major Cairn India for setting up an enterprise centre that will promote vocational skill development in Barmer in Rajasthan.</description>
        <pubDate>Sat, 12 May 2007 12:51:15 PST</pubDate>
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      </item>
      <item>
        <title>India should check consumption to save ecology: US expert</title>
        <link>http://www.rxpgnews.com/business/India-should-check-consumption-to-save-ecology-US-expert_27607.shtml</link>
        <category>India Business</category>
        <description>Kolkata, May 12 - The rapid pace of industrialisation in India could subsequently create ecological imbalances unless use of green energy and a check in consumption are emphasised upon, a US-based environmental historian said here.</description>
        <pubDate>Sat, 12 May 2007 12:18:24 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/India-should-check-consumption-to-save-ecology-US-expert_27607.shtml</guid>
      </item>
      <item>
        <title>Posco employees released after undertaking</title>
        <link>http://www.rxpgnews.com/business/Posco-employees-released-after-undertaking_27592.shtml</link>
        <category>India Business</category>
        <description>Bhubaneswar, May 12 - Four local employees of South Korean steel major Posco, taken hostage by villagers protesting the construction of a steel plant in a remote region of Orissa, were released early Saturday after they said in writing they would not enter the area again.</description>
        <pubDate>Sat, 12 May 2007 11:41:00 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/Posco-employees-released-after-undertaking_27592.shtml</guid>
      </item>
      <item>
        <title>Orissa protestors release Posco officials</title>
        <link>http://www.rxpgnews.com/business/Orissa-protestors-release-Posco-officials_27579.shtml</link>
        <category>India Business</category>
        <description>Bhubaneswar, May 12 - The employees of South Korean steel major Posco, who were taken hostage by villagers protesting the construction of a steel plant in Orissa, were released early Saturday after they gave in writing that they would not enter the region again.</description>
        <pubDate>Sat, 12 May 2007 09:16:27 PST</pubDate>
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      <item>
        <title>Rajasthan promotes khadi, plans US exhibition too</title>
        <link>http://www.rxpgnews.com/business/Rajasthan-promotes-khadi-plans-US-exhibition-too_27570.shtml</link>
        <category>India Business</category>
        <description>Jaipur, May 12 - Rajasthan is going all out to promote khadi, the humble and now increasingly trendy hand-spun cotton, in the international market and hopes to hold an exhibition of khadi products in the US.</description>
        <pubDate>Sat, 12 May 2007 08:17:20 PST</pubDate>
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      </item>
      <item>
        <title>Orissa protesters hold Posco officials hostage</title>
        <link>http://www.rxpgnews.com/business/Orissa-protesters-hold-Posco-officials-hostage_27545.shtml</link>
        <category>India Business</category>
        <description>Bhubaneswar, May 11 - Hundreds of villagers protesting South Korean steel major Posco&#39;s plan to set up a plant in Orissa Friday held two officials of the company hostage and damaged their vehicle, police said.</description>
        <pubDate>Fri, 11 May 2007 21:16:22 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/Orissa-protesters-hold-Posco-officials-hostage_27545.shtml</guid>
      </item>
      <item>
        <title>Google to expand operations in Hyderabad</title>
        <link>http://www.rxpgnews.com/business/Google-to-expand-operations-in-Hyderabad_27543.shtml</link>
        <category>India Business</category>
        <description>Hyderabad, May 11 - Andhra Pradesh government has decided to allot 20 acres of land on the city outskirts to Google for expanding its operations.</description>
        <pubDate>Fri, 11 May 2007 21:15:12 PST</pubDate>
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      </item>
      <item>
        <title>Singapore keen to invest in Andhra Pradesh</title>
        <link>http://www.rxpgnews.com/business/Singapore-keen-to-invest-in-Andhra-Pradesh_27548.shtml</link>
        <category>India Business</category>
        <description>Hyderabad, May 11 - The government of Singapore Thursday showed keen interest in exploring the possibilities of making huge investments in Andhra Pradesh, especially in the areas of construction, port development, industrial parks and biotechnology.</description>
        <pubDate>Fri, 11 May 2007 21:14:15 PST</pubDate>
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      </item>
      <item>
        <title>ISRO to launch three more commercial satellites</title>
        <link>http://www.rxpgnews.com/business/ISRO-to-launch-three-more-commercial-satellites_27524.shtml</link>
        <category>India Business</category>
        <description>Bangalore, May 11 - Antrix Corporation Ltd, the marketing arm of Indian space agency ISRO, will soon sign new contracts to launch three more overseas commercial satellites in the next two years, a top official said here Friday.</description>
        <pubDate>Fri, 11 May 2007 18:58:01 PST</pubDate>
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      </item>
      <item>
        <title>Tax raids on Uflex, Himachal Futuristic called off</title>
        <link>http://www.rxpgnews.com/business/Tax-raids-on-Uflex-Himachal-Futuristic-called-off_27503.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 11 - Tax authorities Friday called off the raids on the premises of Uflex and Himachal Futuristic Communication as soon as Mulayam Singh Yadav conceded defeat in the Uttar Pradesh assembly election and decided to step down as the state&#39;s chief minister.</description>
        <pubDate>Fri, 11 May 2007 16:35:36 PST</pubDate>
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      <item>
        <title>Vivek Lall to strengthen Boeing India operations</title>
        <link>http://www.rxpgnews.com/business/Vivek-Lall-to-strengthen-Boeing-India-operations_27489.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 11 - US aerospace major Boeing Friday named Vivek Lall vice president of business development for the company&#39;s Integrated Defense System - business in India.</description>
        <pubDate>Fri, 11 May 2007 15:26:01 PST</pubDate>
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      </item>
      <item>
        <title>Benetton perfumes add fragrance to sweaty summers</title>
        <link>http://www.rxpgnews.com/business/Benetton-perfumes-add-fragrance-to-sweaty-summers_27480.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 11 - After chic clothes and fashion accessories, United Colors of Benetton has unveiled its new range of perfumes called &#39;Cotton&#39; to make the hot, sweaty summers fresh and fragrant.</description>
        <pubDate>Fri, 11 May 2007 14:33:55 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/Benetton-perfumes-add-fragrance-to-sweaty-summers_27480.shtml</guid>
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      <item>
        <title>Kerala&#39;s Smart City project to be inked Sunday</title>
        <link>http://www.rxpgnews.com/business/Keralas-Smart-City-project-to-be-inked-Sunday_27459.shtml</link>
        <category>India Business</category>
        <description>Thiruvananthapuram, May 11 - The Rs.15 billion - Smart City project at Kochi would finally be inked with its developer Dubai Internet City - Sunday nearly three years of after it was first mooted, officials said Friday.</description>
        <pubDate>Fri, 11 May 2007 13:29:05 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/Keralas-Smart-City-project-to-be-inked-Sunday_27459.shtml</guid>
      </item>
      <item>
        <title>Driver crunch puts brakes on 1,400 DTC buses</title>
        <link>http://www.rxpgnews.com/business/Driver-crunch-puts-brakes-on-1400-DTC-buses_27422.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 11 - Hampered by a shortage of qualified drivers, 1,400 Delhi Transport Corporation - buses stay parked during the evening peak time, leading to problems for commuters and huge losses for the state-run corporation.</description>
        <pubDate>Fri, 11 May 2007 08:30:21 PST</pubDate>
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      </item>
      <item>
        <title>Income tax raids on Uflex Ltd</title>
        <link>http://www.rxpgnews.com/business/Income-tax-raids-on-Uflex-Ltd_27404.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 10 - On the eve of the Uttar Pradesh assembly election results, Income Tax department sleuths Thursday conducted raids on 10 premises of Uflex Limited and the residence of its head Ashok Chaturvedi, a close associate of Samajwadi Party leader Amar Singh.</description>
        <pubDate>Thu, 10 May 2007 23:50:15 PST</pubDate>
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      </item>
      <item>
        <title>Hindustan Motors strike ends partially</title>
        <link>http://www.rxpgnews.com/business/Hindustan-Motors-strike-ends-partially_27407.shtml</link>
        <category>India Business</category>
        <description>Kolkata, May 10 - Work resumed at the Hindustan Motors&#39; Uttarpara unit,  Thursday with some unions withdrawing support to the ongoing strike and the management taking back the &#39;suspension of operation&#39; notice.</description>
        <pubDate>Thu, 10 May 2007 22:35:21 PST</pubDate>
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      <item>
        <title>India&#39;s voice can help Middle East peace: Arab League</title>
        <link>http://www.rxpgnews.com/business/Indias-voice-can-help-Middle-East-peace-Arab-League_27395.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 10 - The League of Arab States Thursday said India should use its &#39;growing weight and voice&#39; in the international community to push the Middle East peace process and called for upgrading ties between the two sides to a new level.</description>
        <pubDate>Thu, 10 May 2007 21:28:36 PST</pubDate>
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      </item>
      <item>
        <title>Punjab National Bank international headquarters in Britain</title>
        <link>http://www.rxpgnews.com/business/Punjab-National-Bank-international-headquarters-in-Britain_27388.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 10 - India&#39;s leading public sector lender Punjab National Bank Thursday announced the opening of its international headquarters in London to bring in financial services to the large number of NRIs residing there.</description>
        <pubDate>Thu, 10 May 2007 20:50:47 PST</pubDate>
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      </item>
      <item>
        <title>Apex court to hear plea against wheat import May 17</title>
        <link>http://www.rxpgnews.com/business/Apex-court-to-hear-plea-against-wheat-import-May-17_27378.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 10 - The Supreme Court will hear next Thursday a plea by environment activist Vandana Shiva for court direction to the Union government to stop forthwith the proposed import of one million tonnes of wheat during 2007-2008.</description>
        <pubDate>Thu, 10 May 2007 20:06:54 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/Apex-court-to-hear-plea-against-wheat-import-May-17_27378.shtml</guid>
      </item>
      <item>
        <title>Indian government exits Maruti car venture with Suzuki</title>
        <link>http://www.rxpgnews.com/business/Indian-government-exits-Maruti-car-venture-with-Suzuki_27374.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 10 - The Indian government Thursday approved the sale of its residual stake of 10.27 percent in the country&#39;s largest carmaker Maruti Udyog Ltd. - in which Japanese carmaker Suzuki Motor Co. has a majority stake.</description>
        <pubDate>Thu, 10 May 2007 20:04:11 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/Indian-government-exits-Maruti-car-venture-with-Suzuki_27374.shtml</guid>
      </item>
      <item>
        <title>Cairn India makes two hydrocarbon discoveries</title>
        <link>http://www.rxpgnews.com/business/Cairn-India-makes-two-hydrocarbon-discoveries_27380.shtml</link>
        <category>India Business</category>
        <description>Jaipur, May 10 - Hydrocarbons exploration major Cairn India Wednesday said it has made two discoveries one for gas and the other for oil in Rajasthan even as it had secured government&#39;s nod for a six-month extension to appraise another field in the state.</description>
        <pubDate>Thu, 10 May 2007 19:02:56 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/Cairn-India-makes-two-hydrocarbon-discoveries_27380.shtml</guid>
      </item>
      <item>
        <title>TRAI proposes lower FDI for Internet service providers</title>
        <link>http://www.rxpgnews.com/business/TRAI-proposes-lower-FDI-for-Internet-service-providers_27352.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 10 - In a move that could make Internet and broadband services costlier, the Telecom Regulatory Authority of India - Thursday proposed to lower foreign direct investment - for Internet service providers - from 100 to 74 percent.</description>
        <pubDate>Thu, 10 May 2007 18:53:42 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/TRAI-proposes-lower-FDI-for-Internet-service-providers_27352.shtml</guid>
      </item>
      <item>
        <title>Lalu Prasad offers incentives for railway freight</title>
        <link>http://www.rxpgnews.com/business/Lalu-Prasad-offers-incentives-for-railway-freight_27361.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 10 - Railway Minister Lalu Prasad Thursday offered some major concessions and incentives in freight and loading of goods in railway wagons to manufacturers and traders of coal, cement, steel, fertilisers and food grains.</description>
        <pubDate>Thu, 10 May 2007 18:31:31 PST</pubDate>
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      </item>
      <item>
        <title>Oracle to increase headcount in India</title>
        <link>http://www.rxpgnews.com/business/Oracle-to-increase-headcount-in-India_27350.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 10 - Oracle India, a wholly owned subsidiary of US-based Oracle Corp., is planning to increase its headcount in India &#39;significantly&#39; above its current workforce of 19,000, the company said here Thursday.</description>
        <pubDate>Thu, 10 May 2007 17:57:47 PST</pubDate>
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      </item>
      <item>
        <title>Indians, say cheese to more business with Argentina</title>
        <link>http://www.rxpgnews.com/business/Indians-say-cheese-to-more-business-with-Argentina_27333.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 10 - If Argentine chocolates, cheese and peanuts have delighted your taste buds, get ready to do more business with the vibrant South American country.</description>
        <pubDate>Thu, 10 May 2007 16:43:07 PST</pubDate>
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      </item>
      <item>
        <title>Dell&#39;s Indian unit to start functioning 2007 end</title>
        <link>http://www.rxpgnews.com/business/Dells-Indian-unit-to-start-functioning-2007-end_27335.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 10 - World&#39;s largest computer maker Dell Inc. Thursday said its first manufacturing unit in India, which is coming up near Chennai, will start operating by the end of this year.</description>
        <pubDate>Thu, 10 May 2007 16:17:24 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/Dells-Indian-unit-to-start-functioning-2007-end_27335.shtml</guid>
      </item>
      <item>
        <title>Cairn India makes two gas discoveries in Rajasthan</title>
        <link>http://www.rxpgnews.com/business/Cairn-India-makes-two-gas-discoveries-in-Rajasthan_27331.shtml</link>
        <category>India Business</category>
        <description>Jaipur, May 10 - Hydrocarbons exploration major Cairn India Wednesday said it has made two gas discoveries in Rajasthan even as it had secured government&#39;s nod for a six-month extension to appraise another field in the state.</description>
        <pubDate>Thu, 10 May 2007 15:44:10 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/Cairn-India-makes-two-gas-discoveries-in-Rajasthan_27331.shtml</guid>
      </item>
      <item>
        <title>German aid for Tripura to empower rural poor</title>
        <link>http://www.rxpgnews.com/business/German-aid-for-Tripura-to-empower-rural-poor_27328.shtml</link>
        <category>India Business</category>
        <description>Agartala, May 10 - Germany will provide a whopping Rs.830 million - financial assistance to Tripura, aimed at empowering the tribals and people living in rural areas by utilising the abundant natural resources, officials Thursday said.</description>
        <pubDate>Thu, 10 May 2007 15:39:15 PST</pubDate>
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      </item>
      <item>
        <title>Agra farmer&#39;s suicide exposes flaws in rural schemes</title>
        <link>http://www.rxpgnews.com/business/Agra-farmers-suicide-exposes-flaws-in-rural-schemes_27322.shtml</link>
        <category>India Business</category>
        <description>Bhilavali -, May 10 - Dalit farmer Kedar Singh&#39;s suicide in an Agra village last week has had one positive fallout - the rural development agencies in the district are now taking stock of their relief schemes and planned projects for small and marginal farmers.</description>
        <pubDate>Thu, 10 May 2007 14:15:41 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/Agra-farmers-suicide-exposes-flaws-in-rural-schemes_27322.shtml</guid>
      </item>
      <item>
        <title>Plight of SMEs may drag growth: PHDCCI</title>
        <link>http://www.rxpgnews.com/business/Plight-of-SMEs-may-drag-growth-PHDCCI_27297.shtml</link>
        <category>India Business</category>
        <description>Bhopal, May 10 - India Inc. is not very optimistic about the growth of the manufacturing sector despite the overall growth of the economy because technological obsolescence, liquidity crunch and high rate of interest were major stumbling blocks in the growth of small and medium enterprises - sector, says the PHD Chamber of Commerce and Industry -.</description>
        <pubDate>Thu, 10 May 2007 12:33:51 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/Plight-of-SMEs-may-drag-growth-PHDCCI_27297.shtml</guid>
      </item>
      <item>
        <title>DaimlerChrysler begins construction of new plant in Pune</title>
        <link>http://www.rxpgnews.com/business/DaimlerChrysler-begins-construction-of-new-plant-in-Pune_27247.shtml</link>
        <category>India Business</category>
        <description>Pune, May 9 - The world&#39;s second largest luxury carmaker DaimlerChrysler Wednesday began construction of its new plant for the production of Mercedes-Benz cars near Pune in Maharashtra.</description>
        <pubDate>Wed, 09 May 2007 23:22:15 PST</pubDate>
        <guid isPermaLink="true">http://www.rxpgnews.com/business/DaimlerChrysler-begins-construction-of-new-plant-in-Pune_27247.shtml</guid>
      </item>
      <item>
        <title>Reliance Communications bags West Bengal&#39;s e-governance project</title>
        <link>http://www.rxpgnews.com/business/Reliance-Communications-bags-West-Bengals-e-governance-project_27202.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 9 - Anil Ambani-owned Reliance Communications - Wednesday acquired an e-governance project from the government of West Bengal for providing rural connectivity in its villages.</description>
        <pubDate>Wed, 09 May 2007 19:52:47 PST</pubDate>
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        <title>Government to create 70 million jobs in 11th plan</title>
        <link>http://www.rxpgnews.com/business/Government-to-create-70-million-jobs-in-11th-plan_27207.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 9 - The government Wednesday said it will create 70 million new job opportunities during the 11th five-year plan of 2007-12.</description>
        <pubDate>Wed, 09 May 2007 19:52:30 PST</pubDate>
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        <title>BSNL offers tariff sops to 50,000 in Chhattisgarh</title>
        <link>http://www.rxpgnews.com/business/BSNL-offers-tariff-sops-to-50000-in-Chhattisgarh_27194.shtml</link>
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        <description>Raipur, May 9 - State-run telecom major Bharat Sanchar Nigam Ltd - has signed a memorandum of understanding - with the Chhattisgarh State Housing Board - to provide tariff concessions to around 50,000 customers buying houses from the board, officials said Wednesday.</description>
        <pubDate>Wed, 09 May 2007 17:03:19 PST</pubDate>
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        <title>Goods train service suspended</title>
        <link>http://www.rxpgnews.com/business/Goods-train-service-suspended_27184.shtml</link>
        <category>India Business</category>
        <description>Raipur, May 9 - Goods trains carrying iron ore from Bailadila to Vishakhapattanam were suspended for the second consecutive day Wednesday after Maoists damaged the railway track near Bhansi railway station in Dantewada district in Chattisgarh Tuesday.</description>
        <pubDate>Wed, 09 May 2007 16:47:03 PST</pubDate>
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        <title>Continental advances launch of New Jersey-Mumbai service</title>
        <link>http://www.rxpgnews.com/business/Continental-advances-launch-of-New-Jersey-Mumbai-service_27179.shtml</link>
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        <description>New Delhi, May 9 - US carrier Continental Airlines Wednesday said it was advancing the launch of its non-stop service between Mumbai and New Jersey by close to a month following positive market response to the proposed flights.</description>
        <pubDate>Wed, 09 May 2007 16:18:34 PST</pubDate>
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        <title>Kerala to tap wind energy</title>
        <link>http://www.rxpgnews.com/business/Kerala-to-tap-wind-energy_27170.shtml</link>
        <category>India Business</category>
        <description>Thiruvananthapuram, May 9 - Kerala, which relies heavily on hydroelectric power, will soon tap wind energy as another source of electricity.</description>
        <pubDate>Wed, 09 May 2007 15:18:34 PST</pubDate>
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        <title>&#39;If Reliance sells vegetable, what will we do?&#39;</title>
        <link>http://www.rxpgnews.com/business/If-Reliance-sells-vegetable-what-will-we-do_27165.shtml</link>
        <category>India Business</category>
        <description>Ranchi, May 9 - Wielding pumpkins and broomsticks, vegetable vendors - most of them women - Wednesday staged protests against the Reliance Fresh shops here, accusing the firm of undercutting and pushing them out of the market in one of the first such protests by small traders against organized retailing.</description>
        <pubDate>Wed, 09 May 2007 14:22:49 PST</pubDate>
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        <title>Vodafone completes Essar-Hutch deal for $10.9 bn</title>
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        <description>New Delhi, May 9 - Global mobile telephony giant Vodafone Wednesday said it has formally acquired the controlling stake in Hutch-Essar from Hong Kong-based Hutchison Telecommunications International for $10.9 billion.</description>
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        <title>Vegetable vendors rail against Reliance shops</title>
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        <description>Ranchi, May 9 - Vegetable vendors here Wednesday staged protests against the Reliance Fresh shops here, accusing the firm of undercutting and pushing them out of the market.</description>
        <pubDate>Wed, 09 May 2007 13:47:31 PST</pubDate>
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        <title>YSR calls for greater investment in agriculture</title>
        <link>http://www.rxpgnews.com/business/YSR-calls-for-greater-investment-in-agriculture_27137.shtml</link>
        <category>India Business</category>
        <description>Hyderabad, May 9 - Andhra Pradesh Chief Minister Y.S.  Rajasekhara Reddy told the World Agricultural Congress in the US that growth in agriculture could not be sustained without a second green revolution and farmers&#39; welfare.</description>
        <pubDate>Wed, 09 May 2007 12:34:16 PST</pubDate>
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        <title>Andhra Pradesh chief minister woos investors in US</title>
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        <description>Hyderabad, May 9 - Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy has invited multinational companies, industrialists and experts in the US to invest in the state.</description>
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        <title>CII against compulsory pre-merger notifications</title>
        <link>http://www.rxpgnews.com/business/CII-against-compulsory-pre-merger-notifications_27069.shtml</link>
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        <description>New Delhi, May 8 - The Confederation of Indian Industry - Tuesday urged the government not to make mandatory issuance of notifications prior to any merger, saying it would cause inordinate procedural delays and increase the project cost for the enterprises.</description>
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        <title>BharatMatrimony judged India&#39;s best portal for 2007</title>
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        <category>India Business</category>
        <description>New Delhi, May 8 - BharatMatrimony Group, one of India&#39;s leading Internet companies, Tuesday grabbed the awards for the best Indian portal 2007 under three different categories of matrimony, property and jobs.</description>
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        <title>Karnataka court upholds ban on lottery tickets</title>
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        <category>India Business</category>
        <description>Bangalore, May 8 - The Karnataka High Court Tuesday upheld the ban on sale of lottery tickets enforced by the state government since April 1.</description>
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        <title>Fresh tension at Singur</title>
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        <category>India Business</category>
        <description>Kolkata, May 8 - Fresh tension erupted Tuesday at the site of the Tata Motors&#39; proposed small car unit in Singur in West Bengal&#39;s Hoogly district when over 200 farmers tried to raze the boundary wall of the enclosed area.</description>
        <pubDate>Tue, 08 May 2007 18:38:43 PST</pubDate>
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        <title>Tata Tea signs joint venture pact with Chinese firm</title>
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        <category>India Business</category>
        <description>New Delhi, May 8 - Tata Tea Tuesday said it has signed a joint venture agreement with a Chinese company to manufacture tea and allied value-added products in China at a project cost of $16 million in the first phase.</description>
        <pubDate>Tue, 08 May 2007 18:38:15 PST</pubDate>
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        <title>Indian BPO potential still untapped, says study</title>
        <link>http://www.rxpgnews.com/business/Indian-BPO-potential-still-untapped-says-study_27056.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 8 - Indian IT companies, which are bagging multi-million-dollar deals every other day, have not yet fully tapped the huge global offshoring market, a global consultancy firm said here Tuesday.</description>
        <pubDate>Tue, 08 May 2007 18:35:15 PST</pubDate>
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        <title>LG India targets Rs.4.5 bn from audio video segment</title>
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        <description>New Delhi, May 8 - LG Electronics India Pvt. Ltd. - Tuesday said it is targeting Rs.4.5 billion worth turnover by 2007-08 in the digital audio video segment with the launch of a series of its high-end audio and video products.</description>
        <pubDate>Tue, 08 May 2007 17:26:34 PST</pubDate>
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        <title>Minister warns of wheat import to curb hoarding</title>
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        <description>Chandigarh, May 8 - Minister of State for Agriculture, Food and Civil Supplies Akhilesh Prasad Singh Tuesday warned wheat farmers in Punjab and Haryana against hoarding and said, if necessary, the union government would increase import of wheat to offset artificial shortage in the market and hold the price line.</description>
        <pubDate>Tue, 08 May 2007 17:04:24 PST</pubDate>
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        <title>New policy for chemical, petrochemical hubs announced</title>
        <link>http://www.rxpgnews.com/business/New-policy-for-chemical-petrochemical-hubs-announced_27038.shtml</link>
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        <description>New Delhi, May 8 - The government Tuesday launched a new policy to encourage the setting up of integrated petroleum, chemicals and petrochemical hubs in the country with each project expected to attract around $8.5 billion in investment.</description>
        <pubDate>Tue, 08 May 2007 16:13:42 PST</pubDate>
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        <title>Konecranes sets up engineering centre in Pune</title>
        <link>http://www.rxpgnews.com/business/Konecranes-sets-up-engineering-centre-in-Pune_27023.shtml</link>
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        <description>New Delhi, May 8 - Finland-based Konecranes, a leader in lifting devices, has set up an engineering centre in Pune to serve as a global interface for design and other services between its customers and manufacturing facilities.</description>
        <pubDate>Tue, 08 May 2007 14:58:48 PST</pubDate>
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        <title>Dhaka to import diesel from Assam refinery</title>
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        <category>India Business</category>
        <description>Agartala, May 8 - Bangladesh has decided to import diesel from the Numaligarh Refinery in Assam following acute shortage of fuel, officials said Tuesday.</description>
        <pubDate>Tue, 08 May 2007 13:32:37 PST</pubDate>
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        <title>Kashmir&#39;s Dulhasti power project is ready</title>
        <link>http://www.rxpgnews.com/business/Kashmirs-Dulhasti-power-project-is-ready_26976.shtml</link>
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        <description>Jammu, May 8 - After 24 long years, the first phase of the Dulhasti hydroelectric project over river Chenab in Jammu and Kashmir is ready to supply 390 MW of power.</description>
        <pubDate>Tue, 08 May 2007 09:44:11 PST</pubDate>
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        <title>Geopolitics and oil supply disruption: Is India prepared?</title>
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        <category>India Business</category>
        <description>What do we do when crude price touches $250 a barrel? Even with high foreign exchange reserves, India will have a very hard time to absorb such a high price. We could dismiss this as Doom&#39;s Day scare mongering at our peril. But then a study done last year by one of the international banks projects such three-figure oil price-line as bottom line case scenario, given the volatile potential for oil supply situation; given the potential for Iran-US confrontation getting a lot worse before it gets better.</description>
        <pubDate>Tue, 08 May 2007 09:00:09 PST</pubDate>
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        <title>Danger signs over future of bidi industry</title>
        <link>http://www.rxpgnews.com/business/Danger-signs-over-future-of-bidi-industry_26966.shtml</link>
        <category>India Business</category>
        <description>Chennai, May 8 - Bidi, that quintessentially Indian puff, has become a victim of politics, with thousands of bidi workers in the southern districts of Tamil Nadu going on strike.</description>
        <pubDate>Tue, 08 May 2007 08:25:32 PST</pubDate>
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        <title>Trade body to promote SME activity in India, US</title>
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        <description>Kolkata, May 7 - The Indo-American Chamber of Commerce - Monday  joined hands with a US-based business development organisation to facilitate economic activities in small and medium enterprises - of both the countries.</description>
        <pubDate>Mon, 07 May 2007 23:13:55 PST</pubDate>
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        <title>DLF gets SEBI&#39;s approval for IPO</title>
        <link>http://www.rxpgnews.com/business/DLF-gets-SEBIs-approval-for-IPO_26939.shtml</link>
        <category>India Business</category>
        <description>New Delhi, May 7 - Real estate giant DLF Monday finally received the approval of the market regulator, Securities and Exchange Board of India - to go for its maiden public issue, touted to be the largest in the country, worth over Rs.136 billion.</description>
        <pubDate>Mon, 07 May 2007 20:55:51 PST</pubDate>
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