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May 20, 2013
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Economy
Infra space: Crisil for more policy, regulatory reforms
With the government earmarking USD 1 trillion for infrastructure over the next five years, Crisil has pitched for urgent reforms in policy and regulatory areas to ensure that benefits of the progress achieved reach the bottom of the pyramid.
Latest News
2G spectrum: PAC likely to call Raja as witness
Raja had recently written a letter to the JPC, claiming he had taken all decisions pertaining 2G spectrum in consultation with PM and FM
Coalgate: CBI should be liberated from political interference, says SC
In a damning indictment, the Supreme Court Tuesday said CBI's act of sharing the status report on Coalgate with the government has "shaken" the entire investigation process and vowed to "liberate" the agency from political influence and interference.
Innovation, reforms needed to spur economic growth: CII
Reforms in governance as well as innovation across businesses needed to bring the slowdown-hit economy back to higher growth rate trajectory, industry body CII said Monday.
FTA: EU members willing to work out 'balanced outcome'
Amid differences over the extent of duty cut in automobile sector, the EU is ready to work out for a "balanced outcome" in the proposed free-trade agreement with India, according to the visiting Members of the European Parliament.
Direct cash through Aadhaar to save 0.5% of GDP for India: IMF
Integration of direct cash transfer with Aadhaar will take time but the scheme will help Indian government save 0.5 percent of the GDP, International Monetary Fund (IMF) said Monday.
FIPB refers Yes Bank's Rs 2,650 cr proposal to CCEA; clears 2
FIPB Monday cleared two FDI proposals worth Rs 89.33 crore while referring the Rs 2,650 crore proposal of Yes Bank for consideration of Cabinet Committee on Economic Affairs (CCEA).
Textiles export at $28.4 bn in Apr-Feb, below FY'13 target
India's textiles exports were USD 28.4 billion during the April-February period, way below the target for 2012-13 fiscal that ended on March 31.
Airlines can charge for preferred seats, check-in bags: Govt
In a move that would raise the cost of air travel, the government Monday said it has allowed airlines to charge passengers for preferred seats on a flight, check-in baggages and meals, among other things.
India, S. Arabia to set up JWG on Nitaqat programme
The JWG led by a Deputy Saudi Minister and India''s Deputy Chief of Mission in Saudi Arabia will discuss and evolve mechanism for addressing all immediate problems facing the NRI community, including issues related to overstaying Indian workers. The first JWG meeting will be held in Riyadh on May 1.
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