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UAC members spurn Posco's compensation applications
In yet another setback to the beleaguered Posco steel project in Orissa, the members of the United Action Committee (UAC), a purportedly pro-Posco outfit in the project site area, has decided not to apply to the district administration in Jagatsinghpur for compensation against loss of betel vines.

Manufacturing sector hiring activity to pick up in Q4: Nomura
The country"s manufacturing sector is likely to witness a rise in hiring activity in the last three months of this year due to an expected increase in demand, says a report by Japanese securities firm Nomura.

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Kavithalaya Productions in talks with PE players
Chennai-based Kavithalaya Productions, owned by veteran director K Balachander or KB, is in talks with private equity players for its proposed investment plan of Rs 100 crore. Besides, the company is planning to launch a venture capital fund to support upcoming directors in the film industry.
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Japan asks India to sign CTBT

PM puts onus on US, China. - Telangana crisis: Companies put plans on hold in Andhra - India, Japan want to ink trade pact by next year - State gears up for Telangana bandh - A K Bhattacharya: From Hindutva to aam aadmi">A K Bhattacharya: From Hindutva to aam aadmi - Japan wants India to sign CTBT - India, Japan want to conclude trade pact by next year Neither India nor Japan budged an inch from their stand on the nuclear cooperation issue but both the countries acknowledged their differences. As expected, Japan today asked India to sign the Comprehensive Test Ban Treaty (CTBT). However, India put the onus on the US and China, saying if they thought about ratifying it, India would consider it as well. Japan, considered to be the world’s worst victim of military nuclear power, however, promised to relax restrictions on hi-tech trade as the two countries sought to impart greater depth to their ties by unveiling an action plan covering defence and counter-terrorism exchanges and vowing to step up two-way trade. After holding wide-ranging talks with his Indian counterpart Manmohan Singh, Japanese Prime Minister Yukio Hatoyama remained non-committal on civil nuclear cooperation with India although he observed that it would be an “important agenda for future”. At a joint press conference with Singh after the talks, Hatoyama said the two countries had “differences” over the issue of CTBT and the Nuclear Non-Proliferation Treaty (NPT). Noting that he had discussed the issue with Singh, Hatoyama said: “I expressed hope that along with the US and China, India will sign and ratify the (CTBT) treaty.” He added: “In response, Prime Minister Singh said should the US and China ratify the CTBT, a new situation will emerge. I believe he has stated it as a matter of fact. We firmly have to engage in these endeavours.” Singh said India was committed to “universal, voluntary and non-discriminatory” disarmament and voluntary moratorium on nuclear testing. Hatoyama said he had also referred to the Fissile Materials Cut-off Treaty and contended that negotiations for that should be launched as soon as possible. The Japanese PM added that his country continued to “seek cooperation from India” for “total elimination of nuclear weapons”. On his part, Singh said India was “deeply interested” in working with Japan and other like-minded countries to “promote the cause of universal, verifiable and non-discriminatory disarmament”. He said he “explained” to Hatoyama “the circumstances in which India had to go the nuclear weapon” way in 1998. “I also mentioned India has unilaterally declared moratorium on conducting nuclear explosive testing and that is a commitment we will honour,” Singh said, adding he had also pointed to India’s “impeccable record” with regard to non-proliferation. Noting that the two leaders had “fairly extensive” discussions on prospects of civil nuclear cooperation, Singh referred to the waiver given by the 45-nation Nuclear Suppliers Group to India to conduct trade in nuclear material and technology.


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