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 Click Here for Budget Speech

30 October, 2014

Govt relaxes FDI norms for construction, real estate sector: In a boost to cash-starved real estate industry, government on Wednesday relaxed rules for FDI in the construction sector by reducing minimum built-up area as well as capital requirement and easing the exit norms.

 

Jaitley asks CAG not to sensationalise its report: Finance Minister Arun Jaitley on Wednesday asked the CAG not to sensationalise its findings to get into headlines, a view the Congress party had voiced in the past after huge notional losses were projected in reports on 2G and coal allocation scams.

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