± India's fuel demand may rise 3.8 percent in 2012 led by diesel and gasoline: International Energy Agency. (ET)
± After
suggesting prescription for direct transfer of fuel and fertiliser
subsidies, the Nandan Nilekani task force will now come out with
measures to reform the crumbling public distribution system (PDS) that
will involve direct transfer of food and kerosene subsidies. (ET)
± With
revenues under pressure and market conditions not favouring
disinvestment, the Finance Ministry is putting pressure on the Telecom
Department to go in for a fresh round of broadband spectrum auction this
fiscal. (BL)
± Worried
over industrial slowdown and sluggish growth, Indian Inc today asked
the government to announce policy measures to boost manufacturing sector
and urged the RBI to refrain from further hiking the key interest
rates. (FE)