The Hindu Business Line : Friday, March 28, 2008

POLICY
Cabinet gives nod for Indo-Japan currency swap pact
New Delhi, March 27 India and Japan would now be able to formalise the proposed bilateral currency swap agreement, with the Union Cabinet today giving its nod for such an agreement. This is expected to help both the countries tide over any ... More

AP: Urban Land Ceiling Act repealed
Hyderabad, March 27 The State Government on Thursday repealed the Urban Land Ceiling Act, which is likely to ease up about 28,752 acres in Hyderabad, Vijayawada, Vizag and other major cities in the State.The State Legislative Assembly ... More

Aviation Ministry mulls policy changes
To make connectivity projects mandatory More

Cabinet nod for revision in block grant for 7 IITs, IISc
New Delhi, March 27 The Cabinet on Thursday gave its nod to increase the block grant for the seven Indian Institutes of Technology (IITs) and Indian Institute of Science (IISc), Bangalore, from 2007-08. This would be over and above the level ... More

Creation of farmers’ debt relief fund cleared
New Delhi, March 27 The Union Cabinet on Thursday gave its nod for creation of a Farmers’ Debt Relief Fund with an initial corpus of Rs 10,000 crore. This amount would be transferred from the Consolidated Fund of India to Public ... More

NTPC exempted from equity cap norms for bidding
New Delhi, March 27 In a move that could provide greater operational flexibility for power major NTPC Ltd, the Centre has exempted the State-owned utility from the Rs 1,000-crore investment cap in firming up joint ventures or setting up ... More

POLITICS
Women power play
The dynamic political scenario in Pakistan is attracting women. Will this change the situation for almost half the population that has hitherto played a secondary role? More

PEOPLE
Sushma Nath appointed Expenditure Secy
New Delhi, March 27 Ms Sushma Nath has been appointed as Secretary, Department of Expenditure, Ministry of Finance, following approval by the Appointments Committee of the Cabinet (ACC). She is currently Secretary, Sixth Central Pay ... More

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