There were two, before you dismiss this as a flippant interjection. 

The first was a deadline on mispriced FCCB during the previous boom, which killed an already illiquid market and the DEPB stuff also a deadline. Bth of these have been revoked / extended ahead of tomorrow's 9% announcement

The second was earlier last week raising the auto approvals limit for ECBs earlier a pittance of $500 mln coupled be issued automatically despite the bigger provisions made for infracos. So a lot of the fine print comes in later as umbrella proposals and policies look friendly but lay unused ( like the US banks' reserves of $2 tln odd lying with the Fed after QE2) Alitle bit goes a long way but the nfra financing gap for India is $2 tln 

There has been oher small pieces of good news too, The Deals market in Equity and Debt for India have been down though 35% and 17% respectively and the investment banking hiring is concentrated around the top ( a very serious case of neglect) with new PE companies, new teams at UBS and Multiples first new investment, all still in process. REC is issuing its $750 mln of new ECB bonds for Capital upgrades in an otherwise very dull India season

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