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Core sector growth slows down to 1.9 per cent in September

Our Bureau

Growth of eight core industries slowed down to 1.9 per cent in September 2014 (year-on-year) as... »

India's recent policy changes could accelerate growth: Moody's

K R Srivats

India’s recent economic, financial and fiscal measures will — if successfully implemented — sust... »

Jaitley expects inflation to dip further; says GDP growth may touch 5.9%

Arun Jaitley, Finance Minister (file photo)

Our Bureau

With the softening of international prices of crude oil and food items in the domestic market, F... »

Rajiv Mehrishi takes charge as Economic Affairs Secretary

Our Bureau

The official-level makeover of Finance Ministry is complete with Rajiv Mehrishi taking charge as... »

Number of billionaires has doubled since the 2008 financial crisis: Oxfam report

Our Bureau

A tax of just 1.5 per cent on the rising number of billionaires since the 2008 financial crisis... »

Higher tax refunds put pressure on fiscal deficit

Our Bureau

Finance Minister Arun Jaitley said that higher tax refunds are putting pressure on the fiscal deficit. In the first six months of the current financial year, the Central Government’s fiscal def... »

Petrol, diesel cheaper by about ₹2/litre

Our Bureau

For the second time in two-weeks, the public sector oil marketing companies have cut the retail selling prices of diesel. The companies have cut diesel as well as petrol prices by about... »

Govt sets up panel to roll out `Make in India’ campaign in oil and gas industry

Our Bureau

The Ministry of Petroleum and Natural Gas has constituted a Steering Committee under the chairmanship of Rajive Kumar, Additional Secretary to roll out the `Make in India’ campaign in the oil and... »

India's April-Sept fiscal deficit nears 83% of full-year target

PTI

Fiscal deficit touched 82.6 per cent of the Budget Estimates for 2014-15 to cross Rs 4.38 lakh crore at the end of September. During the same period of the 2013-14 fiscal, the deficit was... »

2G case: Raja, Kanimozhi charged with money laundering

PTI

Former Telecom Minister A Raja was in “connivance” with MP Kanimozhi, DMK supremo M Karunanidhi’s wife Dayalu Ammal and other co-accused in “parking” an illegal gratification of ₹200 crore in Kala... »

Austerity drive cuts out first-class air travel, 5-star hotel meetings for babus

Our Bureau

With the Centre’s tax mop-up falling short of the target, the Finance Ministry has come out with fresh set of austerity measures, including a 10 per cent cut in non-Plan expenditure and a b... »

Govt cuts non-Plan expenditure by 10%, bans creation of new posts

Shishir Sinha

Govt officials barred from first class air travel »

Arvind Mayaram shunted again, now he will be Minority Affairs Secretary

Arvind Mayaram

Shishir Sinha

A day before being relieved from his current post, the Finance & Economic Affairs Secretary Arvind Mayaram has been transferred again. Now, he will join Ministry of Minority Affairs and not To... »

Jaitley tells auditors to question all questionable decisions…

Finance Minister Arun Jaitley and Comptroller & Auditor General Shashi Kant Sharma at a conference in New Delhi. RAMESH SHARMA

Our Bureau

Taking cue from the previous UPA regime, Finance Minister Arun Jaitley on Wednesday advised Government auditors not to create an environment of ‘finger-pointing’ and urged them not to ‘... »

Cabinet approves signing oil & gas co-operation pact with Mozambique

Our Bureau

The Union Cabinet on Wednesday gave its nod for the signing of a memorandum of understanding between India and Mozambique for cooperation in the field of hydrocarbons for a period of five years... »

​Govt to set up 15 tech centres to scale up SME clusters

Public comments invited on amendment Bill on registration of property 

India invites investment from Saudi Aramco

All foreign bank accounts will be assessed by March 2015: Attorney General

Vietnam offers two more offshore oil blocks to India

India ‘overdoing’ safeguard action: US, European Union

Black money: After rap, Govt to come clean to court today

Govt sets up panel to assess compensation for already running coal mines

Oil Ministry’s ‘Make in India’ plan

Our Bureau

The Ministry of Petroleum and Natural Gas has constituted a Steering Committee under the chairmanship of Rajive Kumar, Additional Secretary, to roll out the ‘Make in India’ campaign in the oil and... »

Higher tax refunds putting pressure on fiscal deficit: Jaitley

PTI

Finance Minister Arun Jaitley today said increased tax refunds in the current financial year is leading to higher fiscal deficit, which neared 83 per cent of full year target in the April-Septembe... »

Nominal tax on super rich can lift 9 cr out of poverty: report

PTI

As many as nine crore people would be out from the state of abject poverty in next 5 years if India could stop inequality from rising and levy a nominal tax on the super riches to narrow the rich... »

Coalgate: Court grants bail to ex-coal secretary, 2 govt officials

PTI

Former coal secretary and four others, including two serving government officials, were today granted bail by a Special Court in connection with a coal blocks allocation scam case. The fi... »

Japan offers assistance in transport

Our Bureau 

Japan has offered to assist India in developing Intelligent Transport Systems (ITS) in urban areas, a statement from the Ministry of Urban Development said on Thursday. “Japan’s Ministry of Land,... »

India's universal healthcare rollout to cost $26 bn

Under the National Health Assurance Mission, the government would provide all citizens with free drugs and diagnostic treatment, as well as insurance cover to treat serious ailments.

Reuters

India's universal health plan that aims to offer guaranteed benefits to a sixth of the world's population will cost an estimated Rs 1.6 lakh crore ($26 billion) over the next four years, a senior... »

McKinsey identifies 49 metropolitan clusters that could be growth hotspots

K. R. Srivats

For companies looking to target high potential markets of tomorrow, global consulting major McKinsey & Company has identified 49 'metropolitan clusters' that could be growth hotspots in I... »

India moves up 8 places on Global Hunger Index

Our Bureau

One-third of India’s women and children under the age of five are underweight and face micronutrient deficiencies. The country, however, is making progress against hunger, as India moved u... »

Cabinet relaxes norms for FDI in construction

Our Bureau

The Cabinet has relaxed norms for foreign direct investment (FDI) in construction development to make the sector more attractive for overseas investors. The minimum built-up area... »

Ganga clean-up: Apex court asks green tribunal to act against polluting units

PTI

The Supreme Court today asked the National Green Tribunal to take action against industrial units polluting Ganga including snapping water and power connections to them while slamming Centre and S... »

India ranks 142 in ease of doing business: World Bank

Unearthing capital flight can add $30 bn to forex reserves, says report

Black money: Centre gives apex court list of 627 account holders

Oil India seeks more hydrocarbon concessions globally

Coming, revamped Kisan Vikas Patra, new savings scheme for girl child

Want to protect nobody: Jaitley

Club of Rome meet to address food security 


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