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Indian Railways Awarded Order to BHEL

Dec 30, 2010
BHEL secured two breakthrough orders from Indian Railways for the development, manufacture and supply of 3-Phase IGBT-based propulsion systems.

RBI Imposed Restrictions on Transactions with Iran

Dec 29, 2010
Reserve Bank of India (RBI) on 27 December 2010 imposed further restrictions on transactions with Iran.

Unit of Korba Super Thermal Power Station Commissioned

Dec 29, 2010
Unit 7 of 500 MW of Korba Super Thermal Power Station commissioned on 26 December 2010.

Comptroller and Auditor-General of India Appeared Before PAC

Dec 29, 2010
Comptroller and Auditor-General of India Vinod Rai appeared before PAC to present CAG's views on 2G spectrum.

DoT Slapped Noticed to Firms for Delayed Roll-out of 2G Services

Dec 28, 2010
Department of telecom (DoT) slapped notices to telecom firms for delayed rollout of 2G services.

DGFT Suspended Agencies Involved in Issue of PSIC

Dec 28, 2010
Directorate General of Foreign Trade (DGFT) blacklisted and suspended 12 agencies that issue pre-shipment inspection certificates.

Service Tax on Retail Sale of Packaged Computer Software Exempted

Dec 28, 2010
Indian Finance Ministry in December 2010 exempted service tax on retail sale of packaged computer software.

RBI Modified Provisions on Home Loans

Dec 27, 2010
Reserve Bank of India (RBI) on 23 December 2010 modified rules that govern home loan.

Government Abolished Import Duty on Onions

Dec 24, 2010
Indian government on 22 December 2010 abolished import duty on onions to facilitate cheaper imports.

World Bank Approved 1.5 billion US dollars for India’s Pradhan Mantri Gram Sadak Yojana

Dec 24, 2010
The World Bank approved on 21 December 2010, 1.5 billion dollar credit and loan for India’s Pradhan Mantri Gram Sadak Yojana.

Banks Borrowed Record Amount through RBI’s Repo Facility

Dec 23, 2010
Banks in India borrowed a little over Rs 1.7 lakh crore from the Reseve Bank of India (RBI) through the repo window in a single day.

Export Suspended in the Wake of Rising Vegetable Prices

Dec 22, 2010
The Indian government suspended export of the vegetable until 15 January 2010 in the wake of rising of onion prices.

Gujarat Ranked Top Investment Destination in India

Dec 22, 2010
As per ASSOCHAM report, Gujarat remained as the top investment destination among the Indian states, registering the highest share of 13.2 percent in domestic investment plans during the period of April-September, 2010.

The Economic Impacts of Inadequate Sanitation in India- Report by WSP

Dec 22, 2010
Water and Sanitation Program (WSP), a global partnership administered by the World Bank released The Economic Impacts of Inadequate Sanitation in India report on 20 December 2010.

Solar Farm Commissioned Under National Solar Mission

Dec 21, 2010
Moser Baer Clean Energy commissioned solar farm at Sivaganga in Tamil Nadu under Phase I of National solar Mission.

NBoT Corrected the Demutualisation Process

Dec 20, 2010
National Board of Trade (NBoT) in December 2010 corrected the demutualisation process undertaken in 2003.

RBI’s Mid-Quarter Review of Monetary Policy

Dec 18, 2010
RBI in its mid-quarter review of the monetary policy released in December 2010 reduced the Statutory Liquidity Ratio (SLR) by one percentage point to 24 per cent.

SEBI Amended Equity Listing Agreement

Dec 18, 2010
SEBI in December 2010 amended the Equity Listing Agreement.

Indian Government Permitted Exports of Sugar

Dec 17, 2010
The Food and Agriculture Ministry permitted exports of half million tonnes of sugar.

Government Increased MSP for Copra

Dec 17, 2010
Indian Government increased the minimum support price (MSP) for copra by Rs 75 per quintal.
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