± The
Society of Indian Automobile Manufacturers said the size of the
domestic passenger vehicles market is likely to touch 5.6mn units by
2017, despite the market witnessing a slowdown in recent months. (BS)
± India’s
steel consumption grew by 1.3% in the first five months (April-August)
of this financial year. The production, however, grew by 9.9%. (BS)
± The
ministry of mines has sought clearance from the Cabinet for making
amendments to the existing mining legislation. Besides introducing a
benefit sharing regime, the proposed law will also be making provisions
for regulating mining in the country. (BS)
± The Land Acquisition Bill was tabled in Parliament, setting a base level for compensation to even its dependents. (ET)
