Top economic news of the day

India Infoline News Service | Mumbai |

The Reserve Bank of India (RBI), which is going to announce norms for setting up smaller banks in the country to foster financial inclusion

The ministry of civil aviation has identified areas including the provision of automated buggies to senior citizens and disabled persons at airports, setting up of security help desks at all operational airports, simplifying procedures at Air India for quicker disposal of refunds and lost baggage claims to make services more friendly for passengers.(BS)

The Department of Telecommunications (DoT) has suggested the Ministry of Finance to consider more tax sops to telecom companies, especially the manufacturers of telecom equipment and infrastructure providers, in the upcoming Budget.(BS)

The Reserve Bank of India (RBI), which is going to announce norms for setting up smaller banks in the country to foster financial inclusion, is expected to mandate minimum capital requirement at Rs.2bn .(BS)
 

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