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Low-cost deposits are back
Banks see funds flowing into current, savings accounts.

Infrastructure experience must for PPP project bids
Petroleum and natural gas companies without any experience in executing infrastructure projects will no longer be able to bid for projects under the public private partnership (PPP) model.

News of the day

Ask CBI for files, DoT tells CAG
The audit of the grant of telecom licences and allocation of 2G and 3G spectrum by the Comptroller and Auditor General of India (CAG) has taken an interesting turn, with the Department of Telecommunications (DoT) asking CAG to directly communicate with the CBI, as the required documents have already been seized by the investigation agency.
Business Ideas

Centre to launch new fertiliser subsidy scheme

Union Minister for Chemicals and Fertilisers M K Azhagiri has said the Centre would launch a scheme that would enable farmers get fertiliser subsidy directly. - Gas supply from KG basin to cut ferti subsidy by Rs 3,000 cr - Karuna appoints Stalin as deputy CM of Tamil Nadu - DMK to join Manmohan Singh-led UPA govt - After the sulk, DMK gets three Cabinet posts - 19-member Cabinet sworn in, more to come next week - Under-providing, again Distributing welfare assistance to agricultural workers under the Tamil Nadu Agricultural Labourers Social Safety and Welfare Scheme here last night, he said, "the direct fertiliser subsidy scheme" would be introduced initially in two districts, including Madurai, in Tamil Nadu. The minister said the Tamil Nadu government"s Social Safety Scheme for Farmers had benefited 4.08 lakh farm workers and financial assistance to the tune of Rs 299.21 crore had been distributed so far. Besides Rs 83.6 crore had been given to those belonging to Adidravida and backward class under the scheme.


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