Finance Secretary Rajiv Mehrishi confirmed that the suggestion to take away RBI governor's veto power on interest rate decisions did not come from the FSLRC reports but from 'public comments' on it.
Businesses in Andhra Pradesh have good reason to worry about the fallout of the Srikrishna Report. But the report indicates that the storm may pass soon.
The Srikrishna committee has made a case for a unified Andhra and said that separation of Telangana should occur only if it's unavoidable.