March 29, 2012
A brief news round-up from the past two weeks:
BRICS leaders to discuss trade, review situation in the region
Representing over 40% of the world’s population, the leaders of five leading economies- Brazil, Russia, India, China and South Africa (BRICS)- will meet here tomorrow to discuss ways to enhance intra-BRICS trade and review the situation in the region.
DoT to finish spectrum auction by Feb 2013: FinMin
The government is likely to complete the process of spectrum auction, including the one for 2G services, by January-February next year.
$240-m ADB loan to boost infra financing
The Central Government, Asian Development Bank (ADB) and India Infrastructure Finance Company Ltd (IIFCL) have signed a $240-million loan agreement.
India pushes refiners to cut imports from Iran
BIndia, publicly disdainful of sanctions to pressure Iran, has been left off a list of nations given a US waiver from the measures, but is privately pushing its refiners for substantial cuts in imports from the Middle Eastern country…
Govt to soon introduce Coal Regulatory Bill
The Coal Ministry will soon come out with a Coal Regulatory Bill, 2012, that will improve transparency in the sector.
India sovereign rating faces risk on fiscal strain: Deutsche Bank
India may not face a negative ratings action this year but risks remain from a further slowdown in growth and policy slippages.