Saturday 23 March 2013

The Economic Times Daily Newsletter

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Dated:March 23,2013
Top Headlines

Government simplifies FII investment in bonds, removes sub-limits

The limit for FII investment in government securities and corporate bonds were enhanced by USD 5 billion each to USD 25 billion and USD 51 billion respectively.


Railways to decide on possible passenger fare hike in October

According to calculation, the passenger fares could go up by 2 to 3 per cent if FAC is linked to basic fare in passenger services in October.


Doing business in India is messy: US investors to Arvind Mayaram

Despite the recent reforms pushed by the Indian government, US investors have told a visiting top Indian official that doing business in India is "messy".


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