ONGC divestment in New Year to shore up revenues

Shishir Sinha

Centre to divest 5%, will reserve 20% of that for retail investors »

Exporters want rupee payment mechanism for trade with Russia 

Vishwanath Kulkarni / KR Srivats

The rouble plunging against the dollar has been hurting Indian exports »

No deflation risk for Indian economy as yet: Economists


The wholesale inflation may have hit a zero level, but economists feel it is too early to worry... »

Govt plans to impose ₹1-cr penalty on entities violating Electricity Act

Press Trust of India

Provision part of proposed amendments; fine a huge jump from existing ₹1 lakh »

Will not allow political obstructionism to stop Insurance Bill: Jaitley

The Union Finance Minister, Arun Jaitley, at the inaugural session of FICCI conference in New Delhi on Saturday. Photo: Kamal Narang

Shishir Sinha

With Assembly elections coming to an end in Jharkhand and Jammu & Kashmir, the Finance Minis... »

Productivity goes up in Lok Sabha but down in Rajya Sabha

According to an analysis of the Parliamentary Affairs Ministry, productivity of Lok Sabha during the current session so far has been 105 per cent against 104 per cent during the last Budget session this year.

Shishir Sinha

Lower House has edged over Upper House in terms of productivity during the ongoing session of Parliament. Lower House refers to Lok Sabha or the House of Representatives, while the Upper House mea... »

More than half the farm households in debt

Our Bureau

About 52 per cent of an estimated 90.2 million agricultural households in India are indebted, says a Government survey aimed at capturing the condition of agricultural households. Andhra... »

Rupee on a stable track, Jaitley assures elders


Answering the queries of elders on the deprecating tendency of rupee, Finance Minister Arun Jaitley said the rupee seems to be doing much better compared to other currencies of trading countries. »

Will make sure States don’t lose a rupee on GST: Jaitley

Our Bureau

Constitution Amendment Bill in Lok Sabha; new law will subsume all indirect levies »

Meeting fiscal deficit target a challenge, says FinMin report

Our Bureau

Intent is to achieve target, says Centre; report pegs FY15 GDP growth at 5.5% »

SEZs will be able to use infrastructure for general purposes soon

Rajeev Kher, Commerce Secretary

Our Bureau

Budget may take up taxation issues »

India, European Union should set ‘realistic goals’ for trade

Vidya Ram

Opening up of goods and services sector will be the key: European Parliament Member »

Steel production grows by 4.8% in Nov


India’s steel production grew by 4.8 per cent against the world average of 0.1 per cent expansion in November.India produced 6.89 million tonnes (MT) steel in November compared to 6.57 MT i... »

SEZ taxation issue in next year’s budget: Commerce Secy

Commerce Secretary Rajeev Kher

Our Bureau

The SEZ taxation issue may be addressed in next year's budget, says Commerce Secretary Rajeev Kher at FICCI event. He said, the dual use of SEZ infrastructure to be notified soon. ... »

EPF interest rate retained at 8.75%

Our Bureau

The trustees of retirement funds belonging to about eight crore depositors has decided to retain the interest rate at 8.75 per cent for 2014-15​, according to sources​. In January this year, the t... »

Mid-Year Economic Review pegs GDP growth at 5.5%

Subsidy scheme for e-vehicles to get Finance Ministry approval shortly

Govt all set to introduce GST Bill on Monday

Falling inflation may overturn in December: D&B

No proposal to reduce retirement age from 60 to 58 years: Centre

POSOCO to become an independent Government-owned company

Govt: no curbs on freedom of speech in social media

Collect levy from de-allocated coal blocks: Ministry

Rs 18K cr investment proposals received in last 6 months: Telecom Minister


The Government has received investment proposals worth Rs 18,000 crore in the last six months in the field of electronics manufacturing, the Telecom Minister, Ravi Shankar Prasad, today said. ... »

HDFC Bank, Ratnakar proposals get FIPB nod

Our Bureau

HDFC Bank and Ratnakar Bank have got the Foreign Investment Promotion Board’s (FIPB) approval for their FDI proposals considered by the government panel on Friday. HDFC Bank had applied to the FIP... »

PF trustees retain 8.75% interest rate for 2014-15

Bandaru Dattatreya, Labour Minister

Our Bureau

Panel to look into EPFO funds for low-cost housing »

New power Bill in Lok Sabha; will boost supply, increase competition

Piyush Goyal, Minister of State for Power, Coal and New and Renewable Energy

Our Bureau

Concept of multiple supply licensees proposed »

SBI: H2 will see more expenditure cuts

KR Srivats

Lowers GDP growth forecast to 5.4% for current fiscal »

‘India is a huge opportunity for airlines, but difficult to operate in’

Tony Tyler, Director General, International Air Transport Association (IATA)

Prince Mathews Thomas

Tony Tyler, Director General and CEO of International Air Transport Association (IATA), is a 37-year veteran of the aviation industry and was the Chief Executive of Cathay Pacific Airways... »

Import substitution, tax sops ‘vital for aerospace progress’

RK Tyagi

Anil Urs

The Confederation of Indian Industry’s National Committee on Aerospace (CIINCA) is pushing for import substitution, tax benefitsand collaboration with foreign original equipment manufacture... »

NSDC ties up with SkillPro for skill development

Amit Mitra

National Skill Development Corporation today announced a tie-up with SkillPro, a social venture focussing on placement-linked skill training, to broaden its reach.The corporation will al... »

Constitutional Amendment Bill for GST introduced in Lok Sabha

Finance Minister Arun Jaitley

Shishir Sinha

The Government has introduced Constitutional Amendment Bill for Goods & Services Tax (GST) in Lok Sabha. The Government intends to introduce GST from April 1, 2016. "No stat... »

India committed to 4.1% fiscal deficit target: Arvind Subramanian

Chief Economic Advisor Arvind Subramanian


The Indian government is committed to achieving its fiscal deficit target of 4.1 per cent of gross domestic product for the current financial year, chief economic advisor Arvind Subramania... »

Govt to put 9 more coal blocks on auction in Phase I

TCS advance tax payout reflects weak IT trend

Tepid advance tax mop-up mirrors weak economy

Apex court rejects pleas against Coal Ordinance

PM moves in to speed up $300 bn worth stalled projects

With dismal data coming in, is it time for another stimulus?

New vertical soon for I-T dispute resolution: Revenue Secretary


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