Top Economy News of the day
India's telecom regulator TRAI will extensively review the present tariff framework of national roaming services provided by all mobile phone companies in India.
The Government is doing a lot to push growth but the impact of its efforts will be felt in the second half of the fiscal when the expansion rate will show some improvement, Planning Commission Deputy Chairman Montek Singh Ahluwalia said today. (BL)
Finance Minister P. Chidambaram said that restricting the fiscal deficit to 5.3 % of GDP in the current fiscal is “doable’’. (BL)
Finance Minister P. Chidambaram expressed hope the Reserve Bank of India would expeditiously formulate guidelines for setting up new banks and start inviting applications for licences.(BS)
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India Infoline Research Team / 10:30, Jul 13, 2015
Tourism Finance Corp (TFCIL), a niche financier of tourism related projects and activities, has witnessed a sharp moderation in loan growth from 32% in FY12 to just 1% in FY14