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Centre relaxes norms to treat NRI investments as domestic

May 21, 2015

Centre relaxes norms to treat NRI investments as domestic

Investments by NRIs under under Schedule 4 of FEMA regulations will be deemed to be domestic investment at par with the investment made by residents, an official statement said. #Defence #Narendra Modi #FDI #PolicyWatch #Insurance #NRI #FEMA #PIO #OCI
Govt relaxes FDI norms for NRIs, PIOs, OCI to boost capital flow

May 21, 2015

Govt relaxes FDI norms for NRIs, PIOs, OCI to boost capital flow

The Narendra Modi-led government, which has liberalised the FDI policy for sectors such as defence,railways, construction development, medical devices and insurance, is keen to tap NRIs, OCIs and PIOs. #Defence #Narendra Modi #FDI #PolicyWatch #NRI #Railways #CCEA #PIO #OCI
Pay more to fly, eat out: New service tax regime of 14% from 1 June

May 19, 2015

Pay more to fly, eat out: New service tax regime of 14% from 1 June

The service tax is currently levied at the rate 12.36 percent including education cess. #Economy #Aviation #Arun Jaitley #Restaurant #PolicyWatch #Credit cards #service tax #Education cess
Gold scheme: Banks may offer interest on deposits of above 30 gms

May 19, 2015

Gold scheme: Banks may offer interest on deposits of above 30 gms

The government is trying to convince households, who sometimes have little faith in financial institutions, to break the tradition and hand over gold passed down the generations. #Economy #CRR #Arun Jaitley #PolicyWatch #Personal finance #World Gold Council #Statutory Liquidity Ratio #gold monetisation scheme
Cabinet nod for new urea policy to make country self-sufficient in fertiliser

May 13, 2015

Cabinet nod for new urea policy to make country self-sufficient in fertiliser

The policy outlines measures for boosting urea production by making plants more energy efficient and pooling of gas supplied to urea facilities, among others, sources said. #Agriculture #Arun Jaitley #PolicyWatch #NDA #farming #New Urea Policy 2015

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Why Subbarao told the finmin to take a walk

Jun 18, 2012

Why Subbarao told the finmin to take a walk

The latest policy is the clearest signal yet from the RBI that rates can't fall further without a lot of effort from the finance ministry #Pranab Mukherjee #Duvvuri Subbarao #PolicyWatch #MonetaryPolicy
18 June policy: RBI is caught between rock and hard place

Jun 01, 2012

18 June policy: RBI is caught between rock and hard place

The latest manufacturing PMI number is stable, but inflationary pressures remain #RBI #PolicyWatch #Rate Cuts #Monetary Policy 18 June