N.J. wants out of greenhouse gas pact
New Jersey is dropping out of the Northeast’s program to reduce greenhouse gas emissions, Republican Governor Chris Christie announced yesterday, calling the pact a failure at cutting pollution and a burden to taxpayers.

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Focus on global currency pact turns to enforcement
Facing the risk of a dangerous trade war, top finance officials from the world’s leading rich and developing nations looked each other in the eye and vowed they wouldn’t use their currencies as economic weapons to boost exports.

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Tax avoidance pact with Switzerland may be the key to secret accounts
India and Switzerland have concluded the renegotiation of their existing double taxation avoidance agreement (DTAA). Once the amended DTAA comes into force, India will be able to obtain banking information in specific cases from Switzerland.

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Ambani Peace Pact May Spur India Spending The decision by billionaires Mukesh and Anil Ambani to scrap a non-competition accord may spur spending on ports, roads and energy, supporting India’s goal to invest $1.5 trillion on infrastructure, investors say. Read more on BusinessWeek

Conservative – Lib Dem coalition: Both sides claim victory but pact is finely balanced DAVID Cameron last night appeared to have kept enough of his big-ticket policies intact to claim that his party had emerged victorious from the coalition negotiations. Read more on The Scotsman

India free trade pact more likely
TRADE Minister Simon Crean has backed a study recommending a free trade agreement (FTA) with India but has refused to set a deadline.

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India’s Future Grp signs pact with Carrefour-paper
MUMBAI, May 3 (Reuters) – Future Group, India’s largest retail operator with brands such as Pantaloon Retail and Big Bazaar, has signed a deal with French retailer Carrefour , the Mint reported on Monday.

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Pact to enhance India-Canada business ties
The Confederation of Indian Industry, Organising Committee of Commonwealth Games 2010 and Indo-Canada Chamber of Commerce entered into an agreement to boost business ties between India and Canada.

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Gulf Oil renews pact with KXIP
Hyderabad-based Gulf Oil Corporation Limited, a Hinduja Group company, has renewed its partnership with the Indian Premier League 2010 team, Kings XI Punjab.

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The Hindu Business Line : India signs power pact with Bangladesh
As part of its renewed ‘electricity diplomacy’ plans aimed at forging a pan-South Asia grid, India, on Saturday, inked a pact to jointly set up a 1,320 MW coal-fired power project in Bangladesh and build a cross-border transmission link.

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