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RBI gives nod to foreign cos for raising fund via IDRInterest rates in India are unlikely to rise during the course of the year and worries about a high fiscal deficit being sustained into the future were misplaced, Deputy chairman of Planning Commission, said.The Reserve Bank on Wednesday allowed the foreign companies to raise money from the Indian stock markets through Indian Depository Receipts.RBI says funding still an issue for small firms.Interest rates not likely to rise this FY: MontekIf the steel ministry’s plan materialises, it could help the government meet the Rs 25,000-crore selloff target set for the current fiscal year by the Economic Survey.Govt to kick off stake sale in two PSUsThe government has asked all state-owned banks to enhance lending to persons from minority communities and open at least one branch in each of the 25 minority-concentrated blocks. Govt asks banks to step up lending to minoritiesShortage o
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