Govt, Opposition Agree on Banking Bill, says Chidambaram
December 12, 2012 3:22 PM IST
The government has reached an agreement with the opposition for passing the banking amendment bill in parliament, Finance Minister P. Chidambaram told reporters on Wednesday.
The government is seeking parliamentary approval for amendments aimed at attracting more foreign investment into the banking industry, in the latest move by Prime Minister Manmohan Singh to open up Asia's third largest economy.
- 'Chinese Disneyland' in New York to Attract $6 Billion Investment
- Gold Prices to Oscillate Next Week As Traders Await Federal Reserve QE Taper Decision
- Sale of Power Grid gets Bids for 6.7 times Stock on Offer
- GCH Takes Barclays to Court on Mis-selling Claims: Bob Diamond and Rich Ricci on Witness Stand
- Tech City Needs More Foreign Workers: Visa Scheme Extended to Help Companies Grow
- RBS's NatWest Website Hit by DDoS Cyber Attack Days After IT Glitch
- George Osborne: I Don’t Accept UK Recovery is Unsustainable
- Qantas Credit Rating Reduced to 'Junk' as Airline Eyes 1,000 Job Losses
- UK Accounting Regulator FRC Drops Investigation into PwC's Work for Barclays
- Vince Cable: ‘Very Remote’ Chance of UK Exiting EU Despite Referendum
Madhya Pradesh Election Result: BJP's Shivraj Singh Chouhan to Continue as CM, Jyotiraditya Scindia Upset