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Fertilizer Ministry Provided with Third of Total Subsidy Demand

Jan 27, 2011
Only a third of the Rs 30000 crore subsidy sought by the fertilizer ministry to meet higher payouts to be provided by FM.

CAG Challenged Zoom’s Contract with SIS

Jan 25, 2011
CAG challenged Rs 75 crore profit by Zoom Communications in its contract with SIS Live for the telecast of CWG.

Carriage of Video Calls on 3G Mobile Permitted

Jan 24, 2011
Union government on 13 January 2011 permitted carriage of video calls on 3G mobile networks.

C. Rangarajan Committee Suggestions on Food Security Bill

Jan 22, 2011
C. Rangarajan Committee on the proposed food security bill favoured legal entitlement of subsidised foodgrains to the poor.

RBI Tightened Prudential Norms for Nonbanking Finance Companies

Jan 22, 2011
RBI on 17 January 2011 tightened the prudential norms for nonbanking financial companies.

Inter-ministerial Group Formed to Review Inflation Situation

Jan 21, 2011
Manmohan Singh set up an inter-ministerial group on 13 January 2011 to review the inflation situation.

Malegam Sub-committee Report on MFIs

Jan 21, 2011
RBI committee laid down stricter profitability and loan caps, and higher capital requirements to regulate MFIs.

DGFT Made Barcodes Mandatory for Medicine Export

Jan 13, 2011
DGFT made it mandatory for drug makers to carry a barcode on every product exported.

Insurance Companies can Invest in Bonds of ONGC & Coal India’s Foreign Arm

Jan 13, 2011
IRDA permitted insurance companies to invest in bonds issued by foreign arms of ONGC and Coal India.

Banks Urged RBI to Slash CRR & SLR

Jan 13, 2011
Commercial banks urged RBI to slash cash reserve ratio and statutory liquidity ratio.

DoT Refused to Grant Additional 2G Airwaves to Operators

Jan 13, 2011
DoT refused to grant the demand for additional 2G airwaves by telecom operators.

BSNL’s Scheme Rejected by Mobile Phone Operators

Jan 12, 2011
Private mobile phone operators rejected state owned BSNL's offer to share its third generation network with them.

SC issued Notice to Central Govt, DoT, TRAI & 11 Telecos

Jan 12, 2011
Supreme Court of India issued notice to the Central Government, DoT, TRAI as well as 11 telecom companies.

Rashtriya Ispat Nigam Signed MoU with the Indian Railways

Jan 12, 2011
Rashtriya Ispat Nigam Ltd signed Mo with the Indian Railways to set up axle plant.

Rural Development Ministry Increased MNREGA Wages

Jan 11, 2011
Ministry of Rural Development revised the wage rates for workers under NREGA.

CCEA Agreed to Provide Budgetary Support to Sick CPSEs

Jan 11, 2011
Indian Government agreed to provide budgetary support for the 10 loss-making and sick CPSEs.

Decision on Raising Retail Price of Urea Deferred

Jan 7, 2011
Group of ministers deferred a decision on raising the retail price of urea.

Finance Ministry Raised Direct Tax Collection Target

Jan 7, 2011
Indian Ministry of Finance raised the direct tax collection target for financial year 2011 by Rs 20000 crore.

Roaming Charges Paid by Service Provider Not Subject to Taxation

Jan 7, 2011
ITAT declared that roaming charges paid by one service provider to another are not liable for deduction of tax at source.

DoT Finalised Business Models to Build Broadband Network

Jan 6, 2011
Department of telecommunication identified three business models to build a national broadband network.
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