Reports indicate that the government is considering the proposals of liquefied petroleum gas (LPG) distributors seeking key changes on the proposed distribution policy. During a recent presentation to the union petroleum and natural gas ministry, the distributors called for raising the present ceiling for refill sales by 50 percent. The distributors argue that the existing ceiling on refills is ba
Tag: ceiling
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Govt allows 10 per cent hike in output from Joda, Koira circles
Considering the increasing demand for iron ore, the Odisha government allowed about 10 per cent hike in the production of ore from Joda and Koira circles to 57 million tonne (mn t) in 2012-13 from the previous year. While ore output from Joda circle is set at 44 mn t, that at the Koira sector is pegged at 13 mn t. Both Joda and Koira are the two most prolific iron ore producing circles in Odisha, contributing to over 80 per cent of the total
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FII investment cap in bonds raised
The ceiling on investment by foreign institutional investors (FII) in government bonds and corporate bonds has been raised by $5 billion each. The sub-limit of $10 billion for investment by FIIs in G-secs was enhanced by $5 billion, Reserve Bank of India ( RBI) said. The cap on corporate debt other than in the infra
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Experts suggest raising limit on FII investment in bonds
Some experts suggest the government to raise investment limit of foreign institutional investors (FIIs) in corporate bonds help investment in the infrastructure sector. They also want the government to raise investment limit of FIIs in government bonds as this would help in brin