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Govt imposes $792 mn additional penalty on RIL

Last Updated: Wednesday, November 20, 2013, 18:17

A notice disallowing USD 792 million out of the cost already incurred on the Bay of Bengal fields was sent to RIL on November 14, an oil ministry official said here.

Current Account Deficit to be less than 3%: Montek

Last Updated: Thursday, November 14, 2013, 22:00

Encouraged by surging exports, Planning Commission Thursday said the current account deficit will be definitely less than 3 percent of GDP in 2013-14 fiscal as per its latest assessment.