It also named bosses for Bank of India, IDBI Bank Ltd and Punjab National Bank from within the state sector
The rupee fell 1.87 percent against the dollar this week, its biggest fall since late April.
Nestle India Ltd will focus on growing its dairy, coffee and confectionary businesses, its new boss said
With a plunge in steel prices, ship owners are getting about $3.6 million less for the 25,000 tonnes of recoverable metal.
The government freed diesel pricing last October, providing a level playing field to private companies like Reliance and Essar Oil.
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
The shift comes as the gap between the international benchmark Brent and the Middle East price marker narrows
The United States wants India to wait for a final nuclear deal between Tehran and world powers before actively engaging with Tehran.
India is expected to cut imports by a fifth in the fiscal year.
Key to Modi's plan will be the interest rates offered for gold deposits.
New Delhi has missed its target for partial privatisations for the past five years
Locally produced gas in India will now cost at least 8 per cent less.
Posco will have to bid for an iron ore licence to feed its plant.
India's imports from Iran rose to 250,200 barrels per day
India was once the world's third largest iron ore exporter and Goa its biggest exporting state
India's Iran imports rise to 276,800 bpd vs 195,600 bpd in 2013.
Restrictions on buying land are among barriers holding up projects worth almost $300 billion
India's long-held position as the world's top diamond polisher is being challenged by soaring output from China.
Modi is keen to restart big projects which are stuck for various reasons.
Jindal Steel and Power Ltd has shelved a $10 billion coal-to-diesel project, its chairman told Reuters, becoming the first big casualty of a court decision to scrap coalfields allocated to private firms since 1993.
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