Now life insurance for 40% less

MUMBAI: Life protection has become far more affordable. The cost of
life insurance has come down by up to 40%, with Insurance
Regulatory and Development Authority (IRDA) reducing the capital
that insurance companies need to sell term policies. For the second
time since the liberalisation of the insurance industry in 2000, there
has been a dramatic reduction in term-insurance rates, [...]

3G auction by 30 September

The auction process for the third generation (3G)
spectrum service are likely to be over by September 30,
Telecom Secretary Siddhartha Behura said on Friday.
“The ideal time for the auctions will be between September and
October this year.”
“But the auctions should most likely be completed by
September 30,” he told reporters on the sidelines of the Energy
Efficiency Summit organised [...]

India 3rd on commercial spend list

Annual commercial spending in India clocked $2.3 trillion in 2007, an increase of 23% from
2006, according to data released by Visa, the world’s largest retail electronic payments network.
As per Visa’s Commercial Consumption Expenditure (CCE) index, India was third largest nation in terms of
the size of total business and government spend and the fourth fastest growing [...]