(Current Affairs) Economy & Energy | November : 2012

Economy & Energy

  • FDI in multi-brand retail and Aviation passed
  • Union Government Cleared Increase of FDI in Insurance
  • Foreign Investment cap hiked to 74 percent for Broadcasting Services
  • Trial to make Maharaja Express affordable for domestic tourists
  • EGoM cut down the loan interest rate to 7 percent in the drought affected areas
  • GAAR Report submitted by the Shome Committee
  • Shome’s Committee
  • Analysis of the GAAR provisions
  • Indian external debts are within manageable limits
  • Indian Sovereign Rating is Stable-Moody
  • Service Tax on high-end class travel, freight and auxiliary service rail fares
  • Shimla Municipal Corporation introduced Green Tax
  • CVC instructed CBI to expand the scope of investigation on Coalgate
  • Finance Ministry demanded the Bank details of Coal Mining Firms
  • RBI’s data related to sectoral deployment of credit states
  • Government cleared Rs 808 crore FDI proposal by Cloverdell
  • Chidambaram pitched for Prime Minister led National Investment Board
  • NBFC-MFI norms modified