Mayaram panel on NSEL to submit report today

A high-level panel headed by economic affairs Secretary Arvind Mayaram is likely to submit its report on alleged irregularities at the National Spot Exchange Ltd NSEL on Monday to the finance minister. Sources said the panel has found minor systemic failure in the functioning of the exchange.

Draft bill to resolve PPP disputes soon

The Planning Commission will soon finalise a draft bill to put in place an institutional mechanism for speedy resolution of the Public Private Partnership PPP disputes and place it before the Cabinet for approval next month.

FDI in services dips 36.5 during Apr-Jul

Foreign direct investment FDI inflows into the services sector declined by 36.5 per cent year-on-year to 1.02 billion during the April-July period,data from the commerce ministry showed.

BPCL: Kochi petrochem project not shelved

Bharat Petroleum has said there is no question of shelving its plan of foraying into niche

petrochemicals with the Rs 5,000 crore Kochi petrochemicals project,though its joint venture with Korean major LG Chem has reached a dead-end.