* AVIATION: Air India hopes to resume its Dreamliner service in April, after the US aviation regulator approved Boeing's plan to redesign the fire-prone lithium-ion batteries on the plane.
* AUTOMOBILES: Honda Cars India will raise prices of all its vehicles by up to 2% effective April, to offset higher on board diagnostics charges and freight increase.
* BANKING: STATE BANK OF INDIA Chairman Pratip Chaudhuri has mooted cutting the minimum tenure of fixed deposits to three days in order to better tap the surplus funds of companies.
* ECONOMY: Reserve Bank of India Governor D. Subbarao said government's removal of subsidies will be inflationary in the short-term but the price pressure will ease in the medium-term. Subbarao said at least 8.2% annual growth envisaged by the plan panel for the 12th five-year plan is a minimum necessary, and urged the government to continue with its reforms to achieve such a growth target. Prime Minister Manmohan Singh said measures taken by the government would lead to a rebound in growth in two-three years.
* FOREIGN INVESTMENT: To bring more clarity on the definition of 'control' in the foreign direct investment policy, the Department of Industrial Policy and Promotion will soon move a Cabinet note to amend the policy. The World Bank will continue to invest $3 bln-$5 bln annually in India over the next four years.
* GOVERNMENT: Plans to include its flagship rural job guarantee scheme to its direct benefits transfer programme, by which beneficiaries of the programme will receive money directly in their Aadhaar-linked bank accounts.
* INDUSTRY: The government will revise the investments thresholds for micro, small, and medium enterprises in line with inflation to encourage them to invest and expand.
* MONSOON: India is likely to get normal monsoon this year.
* PORTS: Jawaharlal Nehru Port Trust has decided to invest 10 bln rupees for setting up rail and road infrastructure at the port.
* RAILWAYS: Lok Sabha passed the vote on account for the Railways with a voice vote amid walkout by Opposition parties.
* RETAIL: The government does not plan to liberalise the foreign direct investment norms in the retail sector.
* TELECOM: The government said the country's five leading telecom operators, including IDEA CELLULAR, BHARTI AIRTEL, and TATA COMMUNICATIONS understated revenues by nearly 110 bln rupees in two financial years, and have been asked to pay additional license fee.
* TRADE: The government will finalise the foreign trade policy after considering the provisional trade data for March.
