IDBI's DIRECT FUNDING UP 107%

Article Abstract:

The Industrial Development Bank of India (IDBI) has increased its direct finance schemes by 107 percent to Rs5,647 crore from Rs2,725 crore while its has increased approvals under project finance by 68 percent to Rs3,710 crore. Industrial Development Bank of India's disbursals increased by 69.5 percent to Rs2,535 crore while sanctions under non-fund based activities increased by 276 percent. (khr)

Comment:

Increased its direct finance schemes by 107% to Rs5,647 crore from Rs2,725 crore

All Other Nondepository Credit Intermediation, Use of Funds, Development Banks, Article, Industrial Development Bank of India Ltd.

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DUTY GLARES IN THE FACE OF REFINERY, FERT PROJECTS

Article Abstract:

The finance ministry has abolished the zero percent duty on imports for refinery and fertiliser projects and imposed a 5 percent duty. A countervailing duty of 10 percent has also been imposed on refinery and fertiliser projects. (khr)

International economic relations, Petroleum Refineries, Taxes, Agricultural Chemicals, Petroleum refining, Fertilizer Manufacturing, Fertilizers, Refinery Processes NEC

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