Top economic news of the day

India Infoline News Service | Mumbai |

The BJP-led Government may not roll back the Foreign Direct Investment policy on multi-brand retail for fear of sending a negative signal to global investors

The National Bank for Agriculture and Rural Development (NABARD) has reduced the rate of interest by 0.2% on its long-term refinance facility to banks to help promote farm sector investments. (ET)

The BJP-led Government may not roll back the Foreign Direct Investment policy on multi-brand retail for fear of sending a negative signal to global investors. But it has decided not to entertain any new applications in the sector. (BL)

With key power and coal PSUs going headless, Ministry of Power plans to consult the Department of Personnel and Training for hiring private professionals for top jobs in public sector companies. (ET)
 

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