New Delhi: Prime Minister Narendra Modi on Tuesday invited ideas from the general public to shape the new institution that will replace the Planning Commission. The Prime Minister's Office has set up an Open Forum
New Delhi: Investments into Indian shares through participatory notes (P-Notes) in July dropped to Rs 2.08 lakh crore (about USD 34 billion) after hitting over six-year high in the preceding month. This also marks the first
New Delhi: Capital markets watchdog Securities and Exchange Board of India (Sebi) has in place a robust system for information sharing and coordination with foreign regulators to nab manipulators and fraudsters operating across boundaries, for
New Delhi: With import restrictions in place, gold smuggling has witnessed a spurt during 2013-14 as indicated by the value of precious metal seized rising to Rs. 678 crore, up from Rs. 94 crore a
New Delhi: Country oldest fund house UTI Mutual Fund may revive its initial public offer (IPO) plan after Finance Ministry's nod which is expected soon. “There is proposal for IPO of UTI Mutual Fund and the
New Delhi: Finance Minister Arun Jaitley today changed the cover photo on his Facebook profile and added a new slogan saying there is no contradiction between being “pro-business and pro-poor”. “Unless government gets revenue, it cannot
New Delhi: State-run gas utilities from India and Pakistan are in advanced talks for export of gas via a pipeline running from Jalandhar in India to the Attari border and to Lahore in Pakistan.Negotiations between
Singapore: India has sought more participation from Singapore in connectivity and infrastructure projects, especially along the Delhi-Mumbai Industrial Corridor, the Chennai-Bangalore Industrial Corridor and in the northeast.External Affairs Minister Sushma Swaraj, addressing the inauguration of
Nhava Sheva (Maharashtra): The states will soon be allowed to form their own Export Promotion Councils, Prime Minister Narendra Modi said today as he underscored the need for the Centre and states to work in
Mumbai: Finance Minister Arun Jaitley today said the ballooning subsidy bill needs to be lowered by rationalising the dole-outs.Stating the government should not be doling out pre-poll populist measures that increases the subsidy bill, Jaitley
Mumbai: State Bank of India today welcomed the ‘Jan-Dhan Yojana' launched by Prime Minister Narendra Modi and said it will give a boost to the government's ambitious financial inclusion drive.Prime Minister Narendra Modi in his
Bhubaneswar: The Reserve Bank today said it is in the process of discussing with various players to see what best can be done to smoothen trading by foreign investors.RBI Deputy Governor H R Khan also
New Delhi: In another instance of suspected black money stashed by Indians abroad, investigative agencies are probing a set of 600 new names and identities which have been provided to India by a “source” during
New Delhi: Launching an “immunity” scheme for thousands of entities having defaulted on their statutory filings under the Companies Act, the government on Wednesday said no penal action would be taken against those availing this
New Delhi: Inflation dipped to a five month low of 5.19% in July mainly on account of decline in prices of some food articles, vegetables and protein rich items.It was at 5.43% in June and
New Delhi: Government has imposed certain restrictions on FDI in railways for projects in "sensitive areas" by stipulating that proposals seeking overseas investments beyond 49% will be cleared by the Cabinet Committee on Security.Earlier this
New Delhi: The top five Indian billionaires led by Reliance Industries chairperson Mukesh Ambani collectively control $85.5 billion (about Rs. 5,23,897 crore) in personal wealth, accounting for nearly half of the country's total billionaire wealth,
New Delhi: Petrol price will be cut by Rs 1.89-2.38 per litre from August 15, Oil Minister Dharmendra Pradhan announced today.In perhaps for the first instance of a minister announcing the reduction in price of
New Delhi: Clearing government stand on FDI in multi-brand retailing, Commerce and Industry Minister Nirmala Sitharaman has said the NDA government will not “entertain” foreign direct investment in multi-brand retail.She said during Question Hour in
New Delhi: Bimal Jalan, former RBI Governor, will head Expenditure Management Commission which will suggest ways to reduce food, fertiliser and oil subsidies to contain the fiscal deficit.“Terms for reference would be shortly issued,” Jalan
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