Centre likely to cut steel import floor price
Two months after notifying the floor price for import of steel seconds and defectives as well as prime steel, the Government is having second thoughts on the measure aimed to protect the domestic steel industry.

Actuaries may get due weightage in IRA Bill
The Insurance Regulatory Authority (IRA) Bill will be reviewed to consider a greater role for insurance professionals (actuaries) who assess the financial effect of future events in the insurance sector, special secretary (insurance), BK Chaturvedi, said here on Friday.

Arthur Andersen to advise IDBI on asset-liability management
Industrial Development Bank of India (IDBI) has appointed Arthur Andersen as consultants for establishing an asset-liability management system and to prepare for future challenges including universal banking and Euro currency.

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