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Policy Watch

With the rupee showing signs of stabilising against the dollar (it actually weakened in May), the government has relaxed external commercial borrowing (ECB) norms.

 
 
Fresh differences have cropped up between the Centre and the states over the proposed goods and services tax (GST).
The government is pushing ahead with key capital market reforms. On top of its agenda is a proposal to peg the minimum public float at 25 percent for all companies.
After dithering for a while, SEBI (Securities & Exchange Board of India) has finally decided to bite the bullet on short sales.
 
 
SEBI (Securities& Exchange Board of India) has finally given the go-ahead to real estate mutual funds (REMFs), though with some riders.
Mobile number portability (MNP), which allows consumers to change their service providers and still retain their old mobile numbers, may become a reality by June 2009.