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Irda draws 'economic capital' norms  |
Business Standard |
March 12, 2010 |
Mumbai: In a move that would result in lower capital requirement for life insurers, the Insurance Regulatory Development Authority (IRDA) has asked life insurance companies to initiate the process of calculating 'economic capital' from March 2010. |
| Cabinet approves nutrient based fertiliser subsidy plan |
The Economic Times |
February 18, 2010 |
Mumbai: In a move that will have a positive impact on fertiliser companies, the government has approved the nutrient based fertiliser subsidy (NBS) plan, which will come into effect from April 1, 2010. |
| RBI simplifies ECB procedure |
Business Standard |
February 10, 2010 |
Mumbai: In a move that will simplify and speed up external commercial borrowing (ECB) transactions, the Reserve Bank of India (RBI) has allowed banks to make changes to certain terms without prior approval. |
| UMPPs allowed to use surplus coal for other power projects |
The Economic Times |
January 28, 2010 |
New Delhi: The government has decided to allow companies executing ultra mega power projects (UMPPs) to use surplus coal from their captive blocks to fuel their other power projects and could even extend the same benefit to other coal-based power projects. |
| Four PPP port projects get approval |
IBEF |
January 28, 2010 |
New Delhi: A high-level panel, headed by the Finance Secretary, Mr Ashok Chawla, has cleared four port expansion projects entailing an estimated investment of US$ 890.36 million in three states. |
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