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Economy and Politics

India and Canada have agreed in principle to establish six working groups on PPP model, focusing on various sectors, including infrastructure and education.

 
 
In the previous session, the Indian currency had gained 40 paise to close at an over four-month high of Rs 45.25 against the US currency.
Forex dealers attributed the gain to the government's move of raising the cap on foreign institutional investments and corporate debt by $5 billion, each.
The Indian currency had gained 9 paise to close at a fresh four-month high of 45.58 against the US currency in the previous session.
The Minister for Road, Transport and Highways said the common toll technology will be implemented by the middle of next year and be made mandatory for car owners.
The Indian currency had gained 3 paise to close at a four-month high of 45.67 against the US currency on Tuesday.
The Indian currency gained another 15 paise against the US dollar on sustained capital inflows from foreign funds, to touch a four-week high of 45.55.
 
 
A study by the wealth management arm of Hyderabad-based consultants Karvy Group says most of India's wealth is maintained in direct equities, fixed deposits and bonds.
Sebi says foreign institutional investors have to, by October 1 end the practice of investing money collected from a single or few investors in stocks.
This is the fourth-consecutive week the rate of food prices has risen, although signs of moderation had appeared in July and stayed on through the first-half of August.
The oil ministry wants fertiliser plants to buy natural gas from ONGC's C-Series field, so that fuel from RIL's KG-D6 fields can be given to non-core sectors.
The commerce and industry minister called for American corporate leaders and institutions to sensitise the Congress and other decision-makers in this regard.
The Confederation of Indian Industries and Chicago Council of Global Affairs held their second Annual US-India Business Opportunities Summit in Chicago on Monday.
The government will almost achieve the 11th Five-Year Plan's infrastructure investment target, the Planning Commission Deputy Chairman said.
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