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Economy | Finance Bill passed in Rajya Sabha

Economy | Finance Bill passed in Rajya Sabha
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First Published: Tue, May 04 2010. 10 25 PM IST
Updated: Tue, May 04 2010. 10 25 PM IST
New Delhi: The Rajya Sabha passed the Finance Bill on Tuesday, after a debate in which the Opposition demanded a rollback in the hike in fuel prices.
Rejecting the Opposition’s demand, finance minister Pranab Mukherjee said the fiscal situation did not permit the government to do so.
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RBI increases overseas travel limit to $3,000
Mumbai: The Reserve Bank of India (RBI) on Tuesday increased to $3,000 the amount of foreign currency outbound travellers can carry without requiring its permission, the central bank said in a notification on its website. The earlier limit was $2,000.
However, for Iraq, Libya, Iran, Russia and other republics of Commonwealth of Independent States, the limit will continue to be $5,000.
Anup Roy
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India to seek extradition of Kasab’s handlers
New Delhi: Once a special court decides the fate of Mohammad Ajmal Amir Kasab, the lone surviving gunman in the November 2008 Mumbai terror attack case, India will hand over his judgement papers to Pakistan to seek the extradition of his handlers, a senior home ministry official said on Tuesday.
Kasab, who convicted for murder and waging war against India on Monday, will be sentenced on Thursday.
Special public prosecutor Ujjwal Nikam described him as a “killing machine” and demanded that he be hanged.
Sahil Makkar
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First Published: Tue, May 04 2010. 10 25 PM IST