Govt approves tax centre contract extension to Infosys
The Government Wednesday approved the revised project cost and extension of contract for the Centralized Processing Centre of the Income Tax Department at Bengaluru to Infosys by two years up to September 2017.
Dec 10, 2014, 23:15 PM IST
Cabinet approves insurance bill; RS may take up next week
The Cabinet, headed by Prime Minister Narendra Modi, approved incorporation of amendments suggested by a Parliamentary select panel in the Insurance Laws (Amendment) Bill, 2008.
Dec 10, 2014, 21:30 PM IST
Coal auction: Cabinet may decide floor price on Wednesday
The Cabinet may on Wednesday decide to fix a floor price of Rs 150/tonne for auction of coal blocks in March.
Dec 08, 2014, 22:28 PM IST
Cabinet clears changes to Companies Act for ease of doing biz
Within months of the new Companies Act coming into force, the government on Tuesday cleared a slew of changes to this law to make it easier for corporates to do business and to ensure severe punishment for those raising illegal deposits from the public.
Dec 02, 2014, 22:26 PM IST
Cabinet clears bill on mines auction to replace coal ordinance
The government Tuesday cleared a Bill on coal block auctions to replace an ordinance that was promulgated to begin auction of coal mines that were cancelled by the Supreme Court.
Dec 02, 2014, 20:28 PM IST
RoadMin to soon send Motor Vehicles Bill to Cabinet
The Motor Vehicles Bill will soon be sent to the Cabinet and government is planning to introduce it in Parliament during the ongoing winter session, Minister of Road Transport and Highways Nitin Gadkari said on Friday.
Nov 28, 2014, 14:26 PM IST
Panel to seek Cabinet nod for coal reserve price methodology
An inter-ministerial panel Tuesday decided the methodology for fixing the reserve price for coal auction and will seek the Cabinet approval for the same.
Nov 11, 2014, 21:56 PM IST
Govt approves to revive 23 ailing cooperative banks
The government on Wednesday approved a move to revive 23 ailing cooperative banks in four states that would require a capital infusion of about Rs 2,375 crore.
Nov 05, 2014, 21:20 PM IST
Real estate industry hails govt move to ease FDI rules
Welcoming the decision, realtors' apex body CREDAI President C Shekar Reddy said it would help developers get an extra route of funding their projects.
Oct 29, 2014, 23:34 PM IST
Govt relaxes FDI norms for construction, real estate sector
The Cabinet decided to reduce the minimum floor area to 20,000 sq mt from the earlier 50,000 sq mt. It also brought down the minimum capital requirement to USD 5 million from USD 10 million.
Oct 29, 2014, 22:01 PM IST
Govt to take call on FDI relaxation for construction tomorrow
The move was aimed at attracting more foreign investment in construction and real estate sector.
Oct 28, 2014, 18:30 PM IST
Cabinet clears Ordinance to re-auction coal blocks
In a move that is leading closer to re-auction of the 214 coal blocks that were cancelled by the Supreme Court in September, the Cabinet late Monday evening recommended promulgation of Ordinance to the President to resolve the pending issues post the cancellation.
Oct 20, 2014, 21:04 PM IST
Govt has narrow window for gas price as deadline looms large
The government has a narrow window of one day to approve a new gas pricing mechanism to meet its own deadline of announcing a new rate.
Sep 23, 2014, 19:43 PM IST
Cabinet clears Rs 5300-cr telecom infra project for North East
Government Wednesday approved an over Rs 5,300 crore project to boost telecom infrastructure and connectivity in the North East Region.
Sep 10, 2014, 21:28 PM IST
Diesel deregulation: Oil Ministry yet to move Cabinet
As the fall in international oil rates brings domestic diesel retail price at par with cost, the Oil Ministry has not yet moved Cabinet for deregulation of the nation's most consumed fuel.
Sep 08, 2014, 18:25 PM IST
Cabinet may take up Road Ministry's proposal to amend MCA
At present, road developers can exit projects only two years after beginning of commercial operations. For projects awarded before 2009, concessionaires at no point of time can exit projects fully.
Aug 31, 2014, 11:49 AM IST
Govt gives nod to continue urea production from Naptha
Government Wednesday approved continuation of production of urea from three plants using naptha as feedstock for a duration of three months ending on September 30.
Aug 27, 2014, 22:57 PM IST
LPG consumers can avail 12 cylinder quota at anytime of year
In a relief to consumers, the Cabinet on Wednesday lifted the restriction of supply of only one subsidised cooking gas LPG cylinder to a household in a month, saying consumers can avail their quota of 12 bottles at anytime of the year.
Aug 27, 2014, 19:40 PM IST
Oil Ministry to seek Cabinet nod on diesel deregulation
Oil Ministry will seek Cabinet nod for freeing diesel prices after retail rates achieve parity with global levels, and has proposed to cut subsidy payout by upstream firm like ONGC by half.
Aug 26, 2014, 17:56 PM IST
IT industry excited about govt's 'Digital India' plan: Nasscom
The Cabinet on Wednesday approved the ambitious 'Digital India' programme, which aims to connect all gram panchayats by broadband Internet, promote e-governance and transform India into a connected knowledge economy.
Aug 21, 2014, 19:18 PM IST
