government

Coal block auctions likely by end of current financial year

The apex court will continue the hearing on the fate of coal blocks allotted between 1993 and 2011 on Tuesday. Last month, the Supreme Court had held that all 218 allocations made from 1993 to 2011 are illegal and arbitrary.

Sep 08, 2014, 15:23 PM IST

Fertiliser subsidy paid in Apr-Jul period dips 41%

Fertiliser subsidy paid to the companies during the April-July period of the current fiscal declined by around 41 percent to about Rs 21,300 crore.

Sep 07, 2014, 15:12 PM IST

Govt seeks affidavit from coal, lignite block allottees

The government has sought an affidavit by Thursday from allotees of 46 coal and 15 lignite mines about the status of the blocks for submission to the Supreme Court which is looking into the issue.

Sep 03, 2014, 18:35 PM IST

Govt relaxes onion import norms

In a cautious move against possible hike in onion prices in the festive season, the government Monday relaxed norms for import of the kitchen staple till November to boost domestic supply and check rates.

Sep 01, 2014, 18:56 PM IST

SIT likely to submit report on black money to SC today

SIT on black money is expected to submit an action taken report on its findings and recommendations on the illegal funds issue to SC on Wednesday.

Aug 20, 2014, 09:05 AM IST

Leading telcos given notice for under reporting revenue: Govt

Show cause notices were issued to the companies in whose books the DoT observed that revenues were under reported.

Aug 11, 2014, 15:59 PM IST

RBI to transfer Rs 52,679 cr surplus profit to govt

Last year, the RBI had transfered its Rs 33,010 crore surplus profit to the Centre.

Aug 11, 2014, 13:51 PM IST

RBI to transfer surplus profit of $8.62 billion to govt

The central bank said the transfer will take effect on Monday. 

Aug 11, 2014, 08:17 AM IST

US senator to propose strong curbs on NSA phone data collection

A new Senate proposal to curb the government`s bulk collection of Americans` telephone records and increase transparency about the program has White House backing and may get more traction with critics who have dismissed other bills as too weak.

Jul 29, 2014, 06:55 AM IST

Economic Survey 2013-14: Govt, farmers waste funds about Rs 8,500 cr on urea

The survey has is batting for bringing urea under NBS and direct subsidy payments to farmers for balanced use of fertilisers.

Jul 09, 2014, 19:01 PM IST

India likely to sell 5% stake in SAIL: Sources

The sources declined to be named as they were not authorised to speak to the media before a government announcement.

Jul 03, 2014, 15:13 PM IST

Moody's expects govt to reduce fuel subsidy bill

Rating agency Moody's expects the government to reduce its fuel subsidy bill through a gradual process that in turn will lead to higher product prices and prove credit positive for oil marketing companies.

Jul 01, 2014, 19:44 PM IST

Budget 2014: Govt may hike Plan outlay by Rs 11,000 cr

The new government may enhance the Plan expenditure for 2014-15 by around Rs 11,000 crore in the Budget next month, which would be about 2 percent higher than what was provided in the previous fiscal budget.

Jun 29, 2014, 18:43 PM IST

Govt relaxes resident director norms for companies

The relaxation allows for companies to have at least one director who has resided in India for more than 136 days this year.

Jun 29, 2014, 14:42 PM IST

Stable govt brightens prospects for economic recovery: RBI

Prospects of economic recovery in India look bright following the formation of a stable government, though supply side issues need to be solved to help monetary policy bring down inflation, the Reserve Bank of India said on Thursday.

Jun 26, 2014, 19:00 PM IST

'No fresh funds for state-run banks in budget'

According the proposal, the proposed holding company would hold the government's stake in all state-run banks and raise capital on their behalf.

Jun 20, 2014, 19:10 PM IST

Personal secretaries' tenure not more than 5 years

The government is thinking of making a new law, whereby, the term for personal secretaries will not be more than 5 years.

Jun 20, 2014, 17:37 PM IST

Roll out new national health policy, FICCI asks government

FICCI has asked the government to roll out a new national health policy for ensuring universal health coverage.

Jun 13, 2014, 20:40 PM IST