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The government is planning to set up an independent office to manage Centre's debt through an executive order till time a proposed bill is tabled and passed by Parliament

February 20, 2014 8:47 IST | India Infoline News Service
India received US$1.1bn of foreign direct investment in December 2013, unchanged from the level in the same month a year earlier, according to data from the Department of Industrial Policy and Promotion. (BS)

The government is planning to set up an independent office to manage the Centre's debt through an executive order till the time a proposed bill is tabled and passed by Parliament. (BS)

Moody’s said the subsidy provisions made in the interim budget will not meet the amount that the government will have to pay to oil marketers and full-year budget will have to set aside a whopping Rs422bn more in the March quarter. (BL)

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