± India and the US are working to jointly set up a US$10bn infrastructure debt fund to finance large road, port and railway projects through public-private partnership. (BS)
± The government has disbursed agricultural credit of Rs897bn in the quarter ended June — 24% of the target of Rs3.8tn for the financial year. (BS)
± The Reserve Bank of India has called for ‘clear demarcation’ of responsibilities of various regulatory authorities, even after the government settled for a watered-down version of the proposed Financial Stability and Development Council (FSDC) following its objections. (BS)
± The state steel and mines department has targeted to renew 150 cases within the next 12 months. (BS)
± CAG (The Comptroller and Auditor General of India) submits report on 2G auction to finance ministry. (FE)
± Titan set to add 100 stores in three years. (FE)
± Timex plans to bring in more luxury brands to India. (FE)
± Coal India will enter MSCI indices, including the MSCI India, from November 22. (BS)
± The Company Law Board has allowed IL&FS-owned Maytas Infra to induct on its board four nominees of Saudi Arabia-based real estate company Saudi Bin Ladin Group. (BS)
