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Business Briefs

New Delhi, Aug .17: The government is examining proposals to increase excise duty on diesel cars. In a written reply to the Rajya Sabha, S.S. Palanimanickam, minister of state for finance, said: “Representations have been received by the government for increasing excise duty on diesel cars. These are under examination.”

FM meet

New Delhi, Aug. 17: Finance minister P. Chidambaram will meet the heads of PSU banks tomorrow to review the performance of the financial institutions and discuss issues related to non-performing assets and prevention of new accretion of bad loans.

RBI post

Mumbai, Aug. 17: The RBI today said K. C. Chakrabarty has been re-appointed as its deputy governor for a period up to June 30, 2014.

Saarc trade

New Delhi, Aug. 17: India has decided to reduce the number of items in the sensitive list for Saarc countries with the aim to expand trade in the region.

 
 
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