NEW DELHI The government has reached an agreement with the opposition for passing the banking amendment bill in parliament, Finance Minister P. Chidambaram told reporters on Wednesday.
The government is seeking parliamentary approval for amendments aimed at attracting more foreign investment into the banking industry, in the latest move by Prime Minister Manmohan Singh to open up Asia's third largest economy. (Reporting by Manoj Kumar;Editing by Sunil Nair)
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Prime Minister Narendra Modi will let anÂ executive order making it easier for businesses to buy land lapse on Monday after failing to win support from opposition parties in a major blow to his economic reform agenda. Full Article