Policy Watch

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Govt approves Rs5,000 crore tax-free bonds to support solar mission Mumbai: The Ministry of New and Renewable Energy (MNRE) has approved the sale of tax free-bonds worth Rs 5,000 crore (US$ 783.98 million) to support the Government of India’s solar mission....

Livemint May 11, 2015

RBI eases norms for ARCs acquiring assets under restructuring Mumbai: Asset reconstruction companies can now take more than eight years to recover loans that are under a restructring programme that allows for a longer period of recovery, according to the Reserve Bank of India (RBI)....

Livemint May 08, 2015

CCEA raises FDI approval floor to Rs 3,000 cr New Delhi: The Cabinet Committee on Economic Affairs (CCEA) has raised the threshold for foreign direct investment (FDI) requiring its approval to Rs 3,000 crore (US$ 468.75 million) from the present Rs 1,200 crore (US$ 187.5 million)....

Business Standard May 07, 2015

Govt eases norms for oil, gas fields development New Delhi: The Government of India has approved a policy for determining commercial viability of oil and gas finds, giving explorers flexibility on the manner they want to develop these finds and laying out a predictab...

The Times of India April 30, 2015

EPFO may invest up to Rs 90,000 cr in equities New Delhi: The Union Ministry of Labour and Employment, Government of India, has allowed to invest 5-15 per cent of Employees' Provident Fund Organisation (EPFO)'s incremental corpus of about Rs 6,000 billion (US$ 94.57 billion) in equity-r...

Business Standard April 24, 2015
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