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India Infoline News Service  | January 08, 2013 08:39 IST

A panel of ministers on spectrum recommended up to a 50% cut in the reserve price for airwaves used for CDMA-based mobile services and approved a plan to start the next round of spectrum auctions from March 11, a telecom department official said.

The government plans to fast-track approvals for real estate projects and put up all the status online in a move that will help consumers check if a project is approved before booking a house.(ET)

A panel of ministers on spectrum recommended up to a 50% cut in the reserve price for airwaves used for CDMA-based mobile services and approved a plan to start the next round of spectrum auctions from March 11, a telecom department official said. (ET)

Relaxing the ECB norms, the RBI said NBFCs operating as infrastructure finance companies (IFCs) can now avail overseas borrowings up to 75% of their owned funds without its approval. (ET)

The Centre must consider levying commodities transaction tax to improve transparency in the trading of commodities, especially gold. This was suggested by some of leaders of the domestic finance industry at a pre-Budget meeting with Finance Minister, at North Block. (BL)
 

 
 
 
Recent Reports
Recent Reports

New highs pass by; flat start

India Infoline Research Team / 08:49, Aug 21, 2014

The outlook is a flat open. Global indices are up. The minutes from the Federal Reserve's July meeting indicate that the Fed is in no hurry to raise interest rates. The Dow added 0.35% while S&P was up 0.25%. Nasdaq ended marginally lower. Asian indices are mixed with Nikkei up almost a percent while Hong Kong's Hang Seng index is lower. South Korea's Kospi index and China's Shanghai index are also in the red.

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