Briefly Business: Cabinet likely to consider Rs 12K cr infusion in PSBs

Cabinet likely to consider Rs 12K cr infusion in PSBs

NEW DELHI: The government is likely to consider next week the proposal to infuse Rs 12,000 crore in 12 public sector banks before March, a senior finance ministry official said.

DoT plans 2G auction from March 11

new delhi: The second round of auction for unsold telecom spectrum is likely to start from March 11. The timeline of the auction will be discussed by the EGoM on Telecom on January 7.

PMI jumps to three month high in Dec

new delhi: India's services sector expanded in December, registering the fastest pace of growth in three months, driven by a sharp rise in new business orders, an HSBC survey said.

Rupee sheds 57 paise, biggest drop in 2 mths

new delhi: The rupee on Friday recorded its biggest slump in two months. It plunged 57 paise to end at 55.07 on massive demand of the US dollar.

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