FE Bureau | November 17, 2017 5:56 AM
The Cabinet on Thursday allowed the Indian Railways to approach both houses of Parliament to seek a one-time waiver of dividend payout due for 2016-17.
Rouhan Sharma | November 17, 2017 5:52 AM
NHAI’s executive committee has held a meeting with the National Highway Builders Federation .
FE Bureau | November 17, 2017 5:49 AM
The proportion of under-construction, high-risk highway projects has reduced significantly from 53% two years ago to just 21% at present, following a number of steps by the National Highways Authority of India (NHAI), a Crisil report has said.
Good news! Maharashtra, Karnataka may get superfast connectivity system as MoUs inked with Virgin Hyperloop OneFE Bureau | November 17, 2017 5:45 AM
Hyperloop visualises transportation between locations through a vacuum-created corridor.
FE Bureau | November 17, 2017 5:41 AM
The government is planning to improve the “ecosystem of electricity” by extensively introducing prepaid and smart meters through the recently announced Saubhagya scheme, which aims to bring electricity to every household by December 2018.
Anupam Chatterjee | November 17, 2017 5:36 AM
The proposed auction to procure 500 MW wind power in Gujarat, which was expected to be conducted this week, has been deferred further.
FE Online | November 16, 2017 6:11 PM
Union Information Technology Minister Ravi Shankar Prasad on Thursday announced that all prohibition on the export of pulses have been removed.
FE Bureau | November 16, 2017 6:26 AM
In a major relief to the industry, the government on Wednesday waived the provision of goods and services tax (GST) on advance receipts against supply of goods.
FE Bureau | November 16, 2017 6:17 AM
Chief economic adviser (CEA) Arvind Subramanian on Wednesday hinted at further rationalisation of the five-tier goods and services tax (GST) structure and said the GST Council’s decision last week to prune substantially the list of items under the highest rate bracket won’t affect the Centre’s fiscal position much.
Big road projects boost for Narendra Modi government, 42 of 48 HAM projects worth Rs 43,500 cr achieve financial closureRouhan Sharma | November 16, 2017 6:02 AM
Of the 48 road projects awarded under the hybrid annuity model (HAM) by the National Highways Authority of India (NHAI) and the road transport ministry till March this year, 42 projects with an aggregate bid project cost (BPC) of Rs 43,500 crore have achieved financial closure.
FE Bureau | November 16, 2017 5:50 AM
If a 30% anti-dumping duty is imposed on imported solar cells from China, Taiwan and Malaysia, solar tariff will need to go up by about Rs 0.48 per unit (17%) to restore pre-duty financial returns of the solar projects, research firm Bridge to India has said in a report.
FE Bureau | November 16, 2017 5:47 AM
India hosted the first-ever Asia Pacific Computer Emergency Response Team (APCERT) open conference on Wednesday, which saw participation from CERT’s from 22 digital Asia-Pacific economies including those from the US and Europe.
FE Bureau | November 16, 2017 5:40 AM
The estimate of shortage of housing in urban areas has been revised lower to around 10 million units from 18.76 million projected in 2011, housing and urban affairs minister Hardeep Singh Puri said on Wednesday.
PSBs 25 pct public float: FinMin wants deadline extension amidst Rs 2.11 lakh cr recapitalisation moveBanikinkar Pattanayak | November 15, 2017 7:07 AM
Amid plans for an unprecedented Rs 2.11-lakh-crore capital infusion into public-sector banks (PSBs), the finance ministry intends to approach capital markets regulator Sebi at “an appropriate time” to extend the August 2018 deadline for PSBs to meet the minimum 25% public float norm.
FE Bureau | November 15, 2017 7:07 AM
Finance minister Arun Jaitley on Tuesday left for a two-day visit to Singapore to showcase investor-friendly reforms undertaken by the government and seek investments.
FE Bureau | November 15, 2017 6:56 AM
Energy demand in India will be the highest in the world by 2040, surpassing any major energy guzzlers like China and the US.
Mithun Dasgupta | November 15, 2017 7:09 AM
The goods and services tax (GST) Council may further prune tax rates on more goods under the new indirect tax regime depending on revenue buoyancy, according to Assam finance minister Himanta Biswa Sarma.
FE Bureau | November 14, 2017 7:32 AM
As the government prepares ground to roll out optical fibre for high-speed broadband in the second phase of Bharat Net, top telecom operators, eyeing the opportunities arising out of growing internet penetration and its cascading impact on data consumption and related services.
Sumit Jha | November 14, 2017 7:27 AM
In its 23rd meeting, the GST Council left only 50 items in the highest bracket after it was felt that the revenue from GST in the first three months had stabilised, giving the council enough margin to reduce the rates.
Geeta Nair | November 14, 2017 7:17 AM
The Pune Metropolitan Region Development Authority (PMRDA) is planning to make its maiden municipal bond issue to part-fund the Rs 17,412-crore 129-km eight-lane ring road project in Pune.
FE Bureau | November 14, 2017 7:11 AM
Any worsening of a debt crisis in Venezuela is unlikely to cause much imbalance in India’s trade or investment scenario, thanks to limited exposure.
Surbhi Prasad | November 14, 2017 6:38 AM
About Rs 5 lakh crore of investment is envisaged in urban development under the government’s flagship schemes, including Rs 1 lakh crore for AMRUT, Rs 1 lakh crore for smart cities, Rs 1.8 lakh crore for affordable housing and Rs 62,000 crore for Clean India.
Suresh Prabhu: Future GDP growth to come from manufacturing; will identify 6-7 greenfield areas to focus onFE Bureau | November 13, 2017 4:45 AM
He urged the Indian manufacturing sector to be part of the global supply chain and benefit from these linkages. A war room is being created to attend to issues of Fortune 500 companies and make it easier for them to do business here, he said.
Bharat Net to connect 2.5 lakh panchayats, all set to add Rs 4.5 lakh cr to GDP, says Aruna SundararajanFE Bureau | November 13, 2017 4:38 AM
The government’s ambitious project to connect 2.5 lakh gram panchayats with high-speed broadband Bharat Net, upon completion, could add Rs 4.5 lakh crore or roughly 3.3% to India’s GDP, and trigger a “massive services revolution” in the rural areas, according to telecom secretary Aruna Sundararajan.
Anupam Chatterjee | November 13, 2017 4:33 AM
Wind power developers in Karnataka with commissioned capacity of 270 MW are hit as the state’s energy department and electricity regulator engaged in a tiff over tariff rates.
FE Bureau | November 11, 2017 5:32 AM
Microsoft Corp co-founder Bill Gates will visit Andhra Pradesh to participate in the AP AgTech Summit 2017 conference to be held in Visakhapatnam during November 15-17, 2017.
Cyber security: Narendra Modi government clears plan for Microsoft led consortium to train officialsRishi Ranjan Kala | November 11, 2017 5:31 AM
The government has approved a proposal made by an industry consortium led by tech major Microsoft to train chief information security officers (CISOs) and other information technology officers from the Centre, states, banks and public sector enterprises (PSUs) on cyber security-related challenges.
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