Millennium bug looms over India's sovereign rating
International credit rating agencies might downgrade India if enough was not done on Y2K compliance, a senior Reserve Bank of India (RBI) official warned.

Kanwar panel moots commission hike for general insurance agents
A top-level committee headed by New India Assurance chairman and managing director SK Kanwar has strongly recommended a hike in the commission rate paid to agents of the general insurance industry.

Central Railway opposes power tariff hike, seeks seat regulatory body
The Central Railway (CR) has protested against the steep hike in power tariff to the Maharashtra State Electricity Board (MSEB). Earlier this month the Western Railway had lodged their opposition to the tariff hike.

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