The Economic Times- News- Economy- FinanceThe Economic Times: Latest business, finance, markets, stocks, company news from India.Finance Commission to consult states from June- (Found June 29, 2008 ) The Thirteenth Finance Commission will start interactions with states from next month, after which it would come out with consultation papers for larger public debate before submitting its final report by October next year.http://economictimes.indiatimes.com/News/Economy/Finance/Finance_Commission_to_consult_sta... Farm debt scheme to now cost $16.7 billion- (Found June 29, 2008 ) Finance Minister Palaniappan Chidambaram on Friday said a previously announced farm debt relief scheme would now cost Rs 716.8 billion ($16.7 billion), significantly higher than earlier estimates.http://economictimes.indiatimes.com/News/Economy/Finance/Farm_debt_scheme_to_now_cost_167_... For NRIs, home is where the investment should be- (Found June 29, 2008 ) Rising prospects of realty & stocks, plus better interest rates prompt overseas Indians to keep money in NRO accounts. NRIs: Away but united I H-1B ruleshttp://economictimes.indiatimes.com/News/Economy/Finance/For_NRIs_home_is_where_the_invest... Cos convert FCCBs at steep discounts- (Found June 29, 2008 ) The recent phase of bullishness notwithstanding India Inc is in for a spot of bother what with many corporates having to convert their foreign currency convertible bonds (FCCBs) at a steep discount to the offer price.http://economictimes.indiatimes.com/News/Economy/Finance/Cos_convert_FCCBs_at_steep_discou... Blue-chip chase keeps sub-PLR in check- (Found June 29, 2008 ) The chase for blue-chip accounts has made it difficult for banks to raise lending rates for sub-PLR loans even as they had plans to do so to negate the impact of the recent hike in the CRR.http://economictimes.indiatimes.com/News/Economy/Finance/Blue-chip_chase_keeps_sub-PLR_in_... India seeks foreign investments for infra sector- (Found June 29, 2008 ) The report estimates that India would need $320 bn at 2005-06 price level in infrastructure spending over the next five years. Do's & don'ts of telephonic interviewhttp://economictimes.indiatimes.com/News/Economy/Finance/India_seeks_foreign_investments_f... Wage ceiling for Employees Provident Fund may go- (Found June 29, 2008 ) The government is mulling doing away completely with the employee wage ceiling of Rs 7,500 per month. Benefits of money back policy Start investing with Rs 100http://economictimes.indiatimes.com/News/Economy/Finance/Wage_ceiling_for_Employees_Provid... Haryana tops in direct tax collections in NWR- (Found June 29, 2008 ) Haryana has proved to be a money spinner for the Union government as the state has made the maximum direct tax mop-up in North-West Region at Rs 5,215.31 crore for 2007-08.http://economictimes.indiatimes.com/News/Economy/Finance/Haryana_tops_in_direct_tax_collec... Govt to review norms for PSU investment in MFs in August- (Found June 29, 2008 ) The government will review in August its decision to allow bluechip state-owned companies to invest 30 per cent of their surplus funds in public sector mutual funds.http://economictimes.indiatimes.com/News/Economy/Finance/Govt_to_review_norms_for_PSU_inve... SIDBI's asset reconstruction arm to get operational in 6 months- (Found June 29, 2008 ) SME financing institution Small Industries Development Bank of India (SIDBI) today said its asset reconstruction arm will get operational within next six months.http://economictimes.indiatimes.com/News/Economy/Finance/SIDBIs_asset_reconstruction_arm_t... |