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Infra trust fund on its way

Infra trust fund on its way

Under the finance ministry's new announcement, the revenues of a project will be transferred to the trust, which will then issue units to investors. Shilpi Aggarwal says the government is seeking innovative financing solutions for infrastructure.

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Assocham summit Infra trust fund on its way

Assocham summit Infra trust fund on its way

Under the finance ministry's new announcement, the revenues of a project will be transferred to the trust, which will then issue units to investors. Shilpi Aggarwal says the government is seeking innovative financing solutions for infrastructure.

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RBI bans import of gold coins, medallions without licence

RBI bans import of gold coins, medallions without licence

The Reserve Bank of India has further restricted the import of gold into the country by prohibiting inward shipment of gold coins, medallions and dores without license. From now onwards, import of gold in the form of coins and medallions is prohibited and henceforth all import of gold in any form or purity shall be subject to a licence issued by Directorate General of Foreign Trade (DGFT) prescribing 20-80 scheme, Economic Affairs Secretary Arvind Mayaram said in Delhi.

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PURA champion shifted

PURA champion shifted

Under Arvind Mayaram, the Special Secretary and Financial Advisor at the Union Ministry of Rural Development, the amply termed Provision of Urban Amenities in Rural Areas (PURA) took birth