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IAF to Design and Build Trainer Aircraft

The Indian Air Force (IAF) has decided to assemble and develop a trainer aircraft instead of relying on Hindustan Aeronautics Limited (HAL), the Indian Public Sector Unit assembling and manufacturing defence systems. Oct 8, 2013
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BSE closes points 22.25 up on October 4

New Delhi, October 4 (ANI): Trading at the Bombay Stock Exchange today closed 22.25 points up to stand at 19924.32. At the National Stock Exchange the Nifty closed 2.40 points down to stand at 5,907.30. Sobha Developers Ltd and Prestige Estates were among the top gainers of Group A with an increase of 8.60% and 6.09% along with Motherson Sumi Systems and Muthoot Finance with an increase of 5.96% and 4.95% respectively, while the top losers of Group A include Wockhardt and Dish TV India with a decrease of 4.99% and 3.01% along with Reliance Communications Ltd and Dr Reddys Lab with a decrease of 2.84% and 2.81% at the close of the markets. The Auto sector is up 117.42 points at 11,476.98 while the banking sector is down 21.83 points at 11,618.68 and the realty sector is up 22.87 points at 1,248.61. The Indian currency is up 0.48% at Rs 61.44 per dollar. Oct 4, 2013
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PM calls for upgradation of forecasting, warning systems of the country

New Delhi, Oct 04 (ANI): Prime Minister Manmohan Singh called for revamp of the country's disaster preparedness and response mechanism on Friday, as three and a half months pass, after Uttarakhand was ravaged by incessant rains and ensuing flash floods. Singh said that it was important that they learnt lessons from Uttarakhand tragedy and integrate, mainstream disaster risk reduction strategies into their mainstream development initiatives. Singh added that his government was committed to fully assist the Uttarakhand Government in task of rehabilitation and settlement of those whose houses and property was damaged. Oct 4, 2013