Govt

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Govt - Total results - 95
No question of closing down any public sector bank, says govt and RBI
Business

No question of closing down any public sector bank, says govt and RBI

Dismissing rumours, both the government and the Reserve Bank on Friday said there was no question of closure of any public sector bank

Govt extends deadline for Aadhaar, PAN linking with bank accounts to 31 March 2018
Business

Govt extends deadline for Aadhaar, PAN linking with bank accounts to 31 March 2018

Govt last week informed the Supreme Court that it is willing to extend till 31 March the deadline for mandatory linking of Aadhaar to avail various services and welfare schemes

Narendra Modi in Gujarat: PM condemns previous UPA govt for lack of development projects in state
India

Narendra Modi in Gujarat: PM condemns previous UPA govt for lack of development projects in state

Prime Minister Narendra Modi on Saturday accused the previous UPA government of having been indifferent towards Gujarat including over sanctioning of development projects

Petrol, diesel prices down by over Rs 2 after govt cuts excise duty: Check price chart here
Business

Petrol, diesel prices down by over Rs 2 after govt cuts excise duty: Check price chart here

The fall in prices of petrol and diesel has been sharper in Chennai -- Rs 2.63 and Rs 2.41 per litre

Petrol, diesel prices to be slashed by Rs 2 per litre from today as govt yields to opposition
Business

Petrol, diesel prices to be slashed by Rs 2 per litre from today as govt yields to opposition

Petrol price has jumped by Rs 7.8 per litre since 4 July, while diesel rates have touched an all-time high after rates went up by Rs 5.7.

Govt clarifies no free power for poor under Saubhagya; demand to rise by 28GW
Business

Govt clarifies no free power for poor under Saubhagya; demand to rise by 28GW

The govt on Wednesday said power will not be provided free of cost to any category of consumer under the recently launched Saubhagya scheme, which aims to provide electricity to all

Govt pegs 2.77% fall in kharif foodgrain output at 134.67 mt
Business

Govt pegs 2.77% fall in kharif foodgrain output at 134.67 mt

India's foodgrain production is estimated to decline by 3.86 million tonnes to 134.67 mt this kharif season on account of poor rains as well as floods in some parts of the country

Govt extends low-cost home subsidy up to Rs 2.50 lakh to units built on private land
Business

Govt extends low-cost home subsidy up to Rs 2.50 lakh to units built on private land

As per the new policy, the two PPP models for private investments in affordable housing on private landbanks include extending Central assistance of about Rs 2.50 lakh per unit as interest subsidy on bank loans as upfront payment

Bad loans of Indian banks cross Rs 8,00,000 cr: Banking mess explained in 7 charts
Business

Bad loans of Indian banks cross Rs 8,00,000 cr: Banking mess explained in 7 charts

Public sector banks' gross NPAs jumping past Rs 7 lakh crore in June 2017 quarter

Knee implants price capped; saving to patients Rs 1,500 cr, says govt
Business

Knee implants price capped; saving to patients Rs 1,500 cr, says govt

NPPA has capped the price of widely used Cromium Cobalt knee implants at Rs 54,720 from earlier Rs 1.58-Rs 2.5 lakh

Govt extends tax exemption for industry in North East, hilly states
Business

Govt extends tax exemption for industry in North East, hilly states

Industries in the north eastern and Himalayan states will continue to get tax exemption till March 2027, Finance Minister Arun Jaitley said

Power distribution companies save Rs 15,000 cr under UDAY scheme, says govt
Business

Power distribution companies save Rs 15,000 cr under UDAY scheme, says govt

The Ujwal DISCOM Assurance Yojana (UDAY) was launched in November, 2015 and has completed more than 18 months of operation

HPCL stale sale to ONGC: Govt tweaks terms to avoid 'open offer' for public shareholders
Business

HPCL stale sale to ONGC: Govt tweaks terms to avoid 'open offer' for public shareholders

Had HPCL been required to make an open offer, it would have had to shell out another Rs 17,100 crore to buy another 26 percent from open market

Govt releases Rs 9,367 cr under MGNREGA to drought-hit states
Business

Govt releases Rs 9,367 cr under MGNREGA to drought-hit states

The Centre has released Rs 9,367 crore to drought-hit states under MGNREGA in 2016-17, Parliament was informed today.

Cooking gas LPG down Rs 4 per bottle, jet fuel price up 8.7%
Business

Cooking gas LPG down Rs 4 per bottle, jet fuel price up 8.7%

Aviation Turbine Fuel (ATF), or jet fuel, price was today hiked by 8.7 per cent but that of non-subsidised cooking gas LPG was cut by Rs 4 per cylinder on global trends.

Ecommerce FDI: How the government's latest move will hurt consumers, small sellers
Business

Ecommerce FDI: How the government's latest move will hurt consumers, small sellers

By allowing 100% FDI in the marketplace model, this government has addressed just one pain point in the retail industry.

Vodafone moves International Court of Justice over tax arbitration with India
Business

Vodafone moves International Court of Justice over tax arbitration with India

British telecom giant Vodafone is believed to have moved the Hague-based International Court of Justice (ICJ) seeking appointment of a judge to preside over a arbitration over its Rs 14,200-crore tax case.

Concor stake sale's institutional portion oversubscribed
Business

Concor stake sale's institutional portion oversubscribed

The government's 5 per cent stake sale in the Container Corporation of India (Concor) got off to a positive start today, with the institutional investor portion getting oversubscribed within three hours of opening of trade.