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Top Economy news of the day

India Infoline News Service | Mumbai | 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)

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Read more on: fast-track approvals  RBI  NBFCs 
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113110710203
Top Economy news of the day
Top Economy news of the day
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.
http://www.indiainfoline.com/article/news-top-story/top-economy-news-of-the-day-113110710203_1.html
January 08, 2013 08:39 IST
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fast-track approvals, RBI, NBFCs, ECB
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