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Gold import duty hike may spur smuggling: WGC
The hike in import duty on gold could spur smuggling of the precious metal, especially during the festivals when the demand soars, the World Gold Council (WSG) warned today. http://smallpersonalloans.org.uk

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United Breweries: A win-win deal
United Breweries (UBL), the owner of Kingfisher beer, yesterday reached a major milestone by signing a deal with Heineken NV, which like the Vijay Mallya group owns a 37.5 per cent stake in UBL. The company concluded a licensing agreement to distribute Heineken, the largest global beer brand, in India.
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'No stoppage of work in Arunachal even if China objects'

Even as work on border road construction in Jammu and Kashmir was stopped after Chinese objection, Arunachal Chief Minister Doorjee Khandu has asserted that his government will not succumb to any such pressure. - Big omission - Abheek Barua: A list of risks">Abheek Barua: A list of risks - Govt to invite bids for 10 mega highway projects soon - Emerging mkts beat others in IPO returns - Ashok K Lahiri: The rise of renminbi">Ashok K Lahiri: The rise of renminbi - US, China emission cut promises are a smokescreen: CSE Khandu said China has no right to object to infrastructure development in Arunachal Pradesh as the state is an "integral part of India". "The development work would not be stopped just because somebody says that this land belongs to him," he told reporters here yesterday when asked whether his government would stop work on any infrastructure project if China objects. "Arunachal Pradesh is an integral part of India. China cannot object to any development of infrastructure on our land. We are not bothered about their claims," Khandu added. The work on a link-road in Demchok in South-eastern Ladakh region was stopped after objections were raised by the Chinese Army. The incident took place at the village of Demchok on the Indian side of Line of Actual control, about 300-kms south-east of Leh district headquarters. The Central government has given a Rs 24,000-crore package for development of various infrastructure like airports and roads to Arunachal Pradesh.


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