Fresh package for economic revival on the cards, says Yashwant Sinha
The centre is contemplating a comprehensive package of incentives for revival of the economy in general and specific sectors in particular, and proposes to expand the list of PSUs for divestment during the current fiscal.

Ministry to toe GVR line on disinvestment
The finance ministry has agreed to the disinvestment commission's suggested mechanism of state-run units' divestment through transfer of shares to a national shareholding trust as an alternative to the special-purpose vehicle idea.

Reserve Bank tightens FDI receipt norms
The Reserve Bank of India has made it mandatory for Indian companies to report receipt of foreign remittances under foreign direct investment (FDI) within 30 days of the receipt of funds. The change has been made in order to facilitate better monitoring and compilation of FDI data.

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