* AGRICULTURE: Ten large sugar producing states plan to enter agreements with local cooperative mills for buying sugar for public distribution system.
* AUTO: Ford's 'Eco Sport' is expected to come at a starting price of around 620,000 rupees for petrol, and 720,000 rupees for diesel variants.
* AVIATION: Air India may offer lower fares on stop-over flights to stave off competition from Jet-Etihad on long-haul routes to America and Europe . Founder of Air Deccan, Captain Gopinath, may form a joint development pact with RMZ Corp for his residential properties in Bengaluru.
* BANKING: The finance ministry has initiated discussions on mergers of public sector banks instead of leaving it to the bank boards. Mahindra & Mahindra Financial Services is no longer interested in setting up a bank. Tata Group has bid for banking licence.
* ECONOMY: The government will not be panicked into sovereign bonds issue or tighten capital controls because of the rapid depreciation of rupee, Economic Affairs Secretary Mayaram said.
* ENERGY: The 1,967-MW Dabhol power project in Maharashtra , owned by Ratnagiri Gas & Power Pvt Ltd, has been closed again for want of gas since Jun 6. Essar Energy plans 50 bln rupees bonds to repay costlier loans. General Election in 2014 has made government go slow on its plan to introduce direct transfer of cash subsidy for kerosene.
* MINES: The mines ministry has sought law ministry's view on whether it can auction remaining government stake in HINDUSTAN ZINC and BALCO.
* REGULATORY: Maharashtra government upheld Food and Drug Administration commissioner's decision to cancel Johnson & Johnson India's licence to make healthcare products from Mumbai unit. Securities and Exchange Board of India has begun monitoring the fund industry to ensure they expand to smaller towns and cities.
* TRADE: The government has reduced the base import price of gold to $421 per 10 gm from $450. Department of Industrial Policy and Promotion has moved draft Cabinet note to expand the definition of "control" to calculate foreign investment in a company.
* TELECOM: Empowered Group of Ministers to decide on Wednesday on whether to reduce the reserve price for spectrum to be auctioned in the 1800 MHz, 900 MHz, and 800 MHz bands.
* SEZ: Government has allowed companies that have operations in one special economic zone to expand into another. RBI has tightened norms asking them to bring back full value of goods and services to India within a year from date of export.
* AUTO: Ford's 'Eco Sport' is expected to come at a starting price of around 620,000 rupees for petrol, and 720,000 rupees for diesel variants.
* AVIATION: Air India may offer lower fares on stop-over flights to stave off competition from Jet-Etihad on long-haul routes to America and Europe . Founder of Air Deccan, Captain Gopinath, may form a joint development pact with RMZ Corp for his residential properties in Bengaluru.
* BANKING: The finance ministry has initiated discussions on mergers of public sector banks instead of leaving it to the bank boards. Mahindra & Mahindra Financial Services is no longer interested in setting up a bank. Tata Group has bid for banking licence.
* ECONOMY: The government will not be panicked into sovereign bonds issue or tighten capital controls because of the rapid depreciation of rupee, Economic Affairs Secretary Mayaram said.
* ENERGY: The 1,967-MW Dabhol power project in Maharashtra , owned by Ratnagiri Gas & Power Pvt Ltd, has been closed again for want of gas since Jun 6. Essar Energy plans 50 bln rupees bonds to repay costlier loans. General Election in 2014 has made government go slow on its plan to introduce direct transfer of cash subsidy for kerosene.
* MINES: The mines ministry has sought law ministry's view on whether it can auction remaining government stake in HINDUSTAN ZINC and BALCO.
* REGULATORY: Maharashtra government upheld Food and Drug Administration commissioner's decision to cancel Johnson & Johnson India's licence to make healthcare products from Mumbai unit. Securities and Exchange Board of India has begun monitoring the fund industry to ensure they expand to smaller towns and cities.
* TRADE: The government has reduced the base import price of gold to $421 per 10 gm from $450. Department of Industrial Policy and Promotion has moved draft Cabinet note to expand the definition of "control" to calculate foreign investment in a company.
* TELECOM: Empowered Group of Ministers to decide on Wednesday on whether to reduce the reserve price for spectrum to be auctioned in the 1800 MHz, 900 MHz, and 800 MHz bands.
* SEZ: Government has allowed companies that have operations in one special economic zone to expand into another. RBI has tightened norms asking them to bring back full value of goods and services to India within a year from date of export.
