Employees Provident Fund Organisation allowed interest payments on inoperative accounts with effect from April 1, 2016, reversing a five-year-old decision by the UPA government.
The government permitted 100% FDI in the market place format of e-commerce retailing with a view to attract more foreign investments.
Employees Provident Fund Organisation allowed interest payments on inoperative accounts with effect from April 1, 2016, reversing a five-year-old decision by the UPA government.
RBI said foreign investors will be allowed to buy up to Rs275bn (US$4.13bn) in additional sovereign debt starting next month, as part of its previously announced plan to allow increased overseas investments.
India is expected to produce 25.64 mn tonnes of sugar in the 2015/16 cane crushing season that began in October, a government source said, lower than the previous official forecast of 26 mn tonnes.
National Bank of Agriculture and Rural Development (Nabard) said it has disbursed Rs25bn in refinance to non-banking lenders in the first year of starting the facility.
Indian corporates raised over US$1.35bn (around Rs90bn) from overseas markets in February, down 40.2% over the same month a year ago, RBI data showed.
The state-run Maharashtra State Electricity Distribution Company (MahaVitaran) has proposed an average tariff hike of 5.5% for 2016-17 across its 25 mn consumers. In its petition before the Maharashtra Electricity Regulatory Commission (MERC), it has argued that the rise in tariff is necessary to meet the revenue gap of Rs389.8bn.
The government permitted 100% FDI in the market place format of e-commerce retailing with a view to attract more foreign investments.
Employees Provident Fund Organisation allowed interest payments on inoperative accounts with effect from April 1, 2016, reversing a five-year-old decision by the UPA government.
RBI said foreign investors will be allowed to buy up to Rs275bn (US$4.13bn) in additional sovereign debt starting next month, as part of its previously announced plan to allow increased overseas investments.
India is expected to produce 25.64 mn tonnes of sugar in the 2015/16 cane crushing season that began in October, a government source said, lower than the previous official forecast of 26 mn tonnes.
National Bank of Agriculture and Rural Development (Nabard) said it has disbursed Rs25bn in refinance to non-banking lenders in the first year of starting the facility.
Indian corporates raised over US$1.35bn (around Rs90bn) from overseas markets in February, down 40.2% over the same month a year ago, RBI data showed.
The state-run Maharashtra State Electricity Distribution Company (MahaVitaran) has proposed an average tariff hike of 5.5% for 2016-17 across its 25 mn consumers. In its petition before the Maharashtra Electricity Regulatory Commission (MERC), it has argued that the rise in tariff is necessary to meet the revenue gap of Rs389.8bn.
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