PTI | January 21, 2018 11:51 AM
India’s fiscal deficit is expected to increase to 3.5 per cent of GDP in 2018-19 but it will not have any material impact on macro stability risks, says a Morgan Stanley report.
Surya Sarathi Ray | January 20, 2018 5:44 AM
The deceleration in wage growth threatens to add to rural distress and slow consumption
FE Bureau | January 20, 2018 5:39 AM
The government on Friday announced the names of nine more cities that will receive the Centre’s funds under the Smart Cities Mission.
FE Bureau | January 20, 2018 5:35 AM
The government may go ahead with the demand for roll-out of BS VI (Bharat Stage 6) compliant vehicles, which can run on BS IV (Bharat Stage 4) fuel, presently available in the country, following the launch of such a vehicle by Mercedes-Benz in Mumbai on Friday.
Saurabh Kumar | January 20, 2018 5:31 AM
Investment by Indian exploring companies in Mozambique gas field is unlikely to see any returns till 2022. This is due to instability in the host nation and not-so-keen approach by other consortium partners and no signs of a liquefied natural gas (LNG) terminal, required to transport fuel.
Reuters | January 20, 2018 5:25 AM
Tech-savvy young investors, real estate players and jewellers are among those invested in bitcoin
FE Bureau | January 20, 2018 5:21 AM
Expressing concern over spying via devices imported from ‘not-so-friendly country’, ministerof state for IT Alphons Kannanthanam on Friday called for a re-look at the government’s procurement process which favours the lowest bidders.
FE Bureau | January 19, 2018 5:47 AM
Telcos ask regulator to consider sector’s fiscal distress, spate of consolidations and exits while deciding timing of next round
FE Bureau | January 19, 2018 5:41 AM
Commerce and industry minister Suresh Prabhu on Thursday said the government was working out a strategy to diversify the country’s export basket in a bid to enhance its export presence in the top items of world trade.
Rouhan Sharma | January 19, 2018 5:43 AM
Projects to be bid out on the toll, operate, transfer (TOT) model by the National Highways Authority of India (NHAI) next month have been seen as ones that will require strong patient capital backing; Indian road developers don’t have the capacity to take these on by themselves.
FE Bureau | January 19, 2018 5:30 AM
Defence minister Nirmala Sitharaman on Thursday announced Tamil Nadu will host the biannual defence exhibition, Defence Expo, in April.
FE Bureau | January 19, 2018 5:31 AM
A day after releasing the simplified Make II procedure, which prescribes guidelines to be followed to develop and manufacture defence equipment through private players, the defence ministry on Thursday kicked off its first-ever defence industry development meet in Chennai for forging new partnerships with the industry for defence production.
FE Bureau | January 20, 2018 12:32 AM
Budget 2018: Days ahead of the Union Budget for 2018-19, finance minister Arun Jaitley on Thursday held consultations with finance ministers of various states who offered their inputs on various budgetary measures. Jaitley said the suggestions made by the states and union territories would be appropriately considered.
FE Bureau | January 18, 2018 5:47 AM
Divan further said Aadhaar has given the state a “switch” that can cause the “civil death of a citizen”. “The collection of biometric data was patently illegal, and that could not have been corrected by passing the Aadhaar Act.
FE Bureau | January 18, 2018 5:39 AM
The decision was announced after the meeting of DAC, chaired by defence minister Nirmala Sitharaman, on Tuesday. The amended ‘Make in India’ procedure reduces the total time from in-principle approval to placing of order by 50 % and the estimated time to finish the whole process has come down to 69 from 103 weeks
FE Bureau | January 18, 2018 5:36 AM
Modi said the e-way bill which was originally supposed to be launched in April 1 this year, has now been preponed to February for inter-state movement of goods. The e-way bill for the intra-state movement of goods will be from June.
Rishi Ranjan Kala | January 18, 2018 5:33 AM
Bharti’s eKYC for mobile subscribers was suspended for about a week in December by the Unique Identification Authority of India (UIDAI) for opening payment bank account of its subscribers without taking their consent.
FE Bureau | January 18, 2018 5:27 AM
A special purpose vehicle, Bhor Sagar Port, was earlier formed to build the port and the Centre has estimated an investment of Rs 12,000 crore to create infrastructure such as rail and road connectivity.
FE Bureau | January 17, 2018 5:37 AM
Ambani’s Rs 5,000-crore investment in a non-Jio business would include setting up oil sector retail outlets in the next three years. He said in the business summit of 2016 he committed investment of Rs 4,500 crore in the state.
FE Bureau | January 17, 2018 5:33 AM
The inter-ministerial group (IMG) meeting convened at 8.30 am on January 8 to finalise the broad contours of the transaction saw an upset HPCL chairman insisting that first his conditions be met.
Geeta Nair | January 17, 2018 5:29 AM
The new airport could become a reality by 2022-23; till then the existing airport will have to be expanded, Shirole said. The airport has to increase the number of flight movements from 90 to 154.
M Sarita Varma | January 17, 2018 5:26 AM
These consortia are led by New-Delhi-based IPE Global, Mahindra Consulting Engineers (formerly Mahindra Acres Consulting Engineers-MACE) and Wadia Techno-Engineering Services.
FE Bureau | January 16, 2018 5:45 AM
Barring oil, a 71.5% jump in imports of gold and 94% surge in those of pearls, precious and semi-precious stones and a 19% rise in electronic items pushed up overall imports.
FE Bureau | January 16, 2018 5:41 AM
In a joint address to the media with Israeli counterpart Benjamin Netanyahu following delegation-level talks in New Delhi, Prime Minister Narendra Modi said, “We will strengthen the existing pillars of cooperation in areas that touch the lives of our people.
BV Mahalakshmi | January 15, 2018 2:10 AM
Not to be discouraged, Andhra Pradesh Chief Minister Nara Chandrababu Naidu has since found a way out of the quagmire, going for Light Metro Rail (LRT) in place of the medium metro prescribed by DMRC.
FE Bureau | January 13, 2018 3:29 AM
Four states currently implementing the electronic way bill (e-way) system as a pilot are generating 1.4 lakh bills per day on the GST Network (GSTN) portal.
FE Bureau | January 13, 2018 3:25 AM
The index of industrial production (IIP), for its erratic movement and the generally subdued levels, may have shed a bit of its status as a high-frequency indicator of the state of economy.
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