Will keep 2013/14 fiscal deficit below 4.8%: Chidambaram

	Will keep 2013/14 fiscal deficit below 4.8%: Chidambaram India will limit the fiscal deficit for 2013/14 to below 4.8% of gross domestic product, the finance minister said on Wednesday. The fiscal deficit target is a red line that would never, never be breached, P Chidambaram said at an event in New Delhi. The fiscal ...
	RBI liberalises norms for PSU investment Liberalising investment norms for the oil and gas sector, RBI on Tuesday allowed state run ONGC Videsh (OVL) and Oil India (OIL) to invest in their incorporated overseas entities for exploration and drilling of oil and natural gas. "On a review, it has now been ...
	Reliance Jio, Bharti ink pact for cable network Mukesh Ambani's Reliance Jio Infocomm on Monday surprised the market by sealing an international data connectivity deal with the Sunil Mittal-led Bharti Airtel, sending out a signal that the billionaire's return to telecom would be more collaborative and less ...
	LG to unveil high-end smartphone, OLED TVs Electronics major LG India may introduce its much-awaited smartphone Optimus G Pro by June for around Rs 40,000 in the Indian market, where it is aiming to grow 20% this year. The device has already been launched in South Korea, with reportedly ...
	​SBI launches pre-paid card for unbanked MUMBAI: State Bank of India has launched a pre-paid card as an alternative to providing bank accounts to the unbanked with minimum 'know your customer' norms. The bank is pushing the pre-paid card through businesses and employers who have workers ...
	Coal mines not in production should be scrapped: Par panel Calling coal mine allocations "unauthorised and illegal", a Parliamentary panel suggested scrapping of mines that haven not started production. NEW DELHI: The controversy over allotment of coal blocks to various companies erupted again in Parliament as a ...
	Sebi to ban Saradha from raising money THE Securities and Exchange Board of India (Sebi) will pass an order banning the West Bengal-based Saradha Group from raising any more money from the market. Meanwhile, the. market regulator has also approached the central government seeking ...
	CAG exposes gaping holes in Assam MGNREGS GUWAHATI: In Assam, ghost workers are engaged under the UPA's flagship programme Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and are paid for their work too. The Comptroller and Auditor General (CAG) of India, ...