The Hindu Business Line : Friday, January 04, 2008

POLICY
Ban on FDI from Bangladesh lifted
New Delhi, Jan. 3 India has lifted the ban on foreign direct investment (FDI) from Bangladesh, paving the way for investment flows between the two countries, which might help narrow down the huge trade deficit Dhaka currently suffers in its ... More

Dumping duty on raw silk imports extended
Plea to impose the levy for 5 more years under consideration More

Aviation policy: Panel meet remains inconclusive
New Delhi, Jan. 3 The meeting of the Group of Ministers looking into the civil aviation policy remained inconclusive on Thursday. Sources said that the meeting was divided on the issue of lowering the norms for allowing more airlines to fly ... More

92.3 mt coal allotted for long-term linkages
New Delhi, Jan. 3 The Coal Ministry has decided to allot 92.38 million tonnes (mt) of coal to ensure long-term linkages to 236 sponge iron plants, 73 cement making units and 224 captive power facilities.“The recommendations of the ... More

Child Welfare Ministry submits Rs 72,000-cr proposals
Hyderabad, Jan. 3 The Union Ministry for Women and Child Welfare has put forth Rs 72,000-crore worth proposals in the Eleventh Plan period.Talking to newspersons here on Thursday, Ms Renuka Chowdhary, Union Minister of State for Women ... More

Nod for recast of farms corpn
New Delhi, Jan 3 The Union Cabinet has given its nod for the restructuring of State Farms Corporation of India Ltd (SFCI). The restructuring would involve conversion of Government’s loans amounting to Rs 58.74 crore and interest ... More

FINANCIAL POLICY
SAARC: Ministry scraps import duty on 4,800 items
In keeping with the assurance given by the Prime Minister, Dr Manmohan Singh, the Finance Ministry has done away with import duty on more than 4,800 items from the four neighbouring least developed countries (LDC) — Bangladesh, Nepal, ... More

Cabinet nod for amendment to payment Bill
New Delhi, Jan 3 The Union Cabinet on Thursday gave its ex-post facto approval for modification in the Payment & Settlement Systems Bill, 2006, which has since been passed by the Lok Sabha in November and the Rajya Sabha in ... More

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