A panel headed by Prime Minister's Economic Advisory Council Chairman has proposed creating a mechanism to carry out concurrent audit of oil blocks where companies have invested over US$1bn. (ET)
RBI to infuse Rs80bn into market via OMOs on December 28. (BS)
The Planning Commission has set a target for the Indian pharmaceutical industry to reach US$100bn by 2020 and account for 5% share of the global drug industry in the next five years. (ET)
India’s foreign direct investment ( FDI) inflows into the services sector increased by a mere five per cent to US$3.6bn during the April-October FY13.(BS)