Finance minister Arun Jaitley on Sunday said the government is willing to consider fresh suggestions to better clean up the political funding process. But he asserted that the electoral bonds, announced in Parliament last week, are a substantial improvement on the current opaque funding system that has only abetted corruption and yet the Opposition seems satisfied with it.
The ministry of housing and urban affairs has sought a four-fold increase in outlay for its three key schemes — Pradhan Mantri Awas Yojana (Urban), Smart City Mission and Swatch Bharat Mission — in the Union Budget 2018-19.
The government on Friday introduced the Consumer Protection Bill, 2018, which has provision for fine and imprisonment for adulteration of products, and establishment of the Central Consumer Protection Authority.
The Budget Session of Parliament is set to commence on January 29 and the Union Budget for 2018-19 will be presented on February 1, the Cabinet Committee on Parliamentary Affairs (CCPA) recommended on Friday.
In a relief to the controversial Adarsh Cooperative Housing Society in Mumbai’s Cuffe Parade area, the Supreme Court on Friday directed the CBI to defreeze its accounts and allow the society to withdraw Rs 1.68 crore for its maintenance and for paying litigation fee after giving a security of immovable properties.
The pace of hiring activity slowed down, albeit marginally, for the first time in December after steadily growing for the previous six months, even as there was a 13% growth year-on-year in online recruitment activities, the Monster Employment Index showed
India and the 10-member Asean group are hoping to strengthen ties with physical connectivity playing a bigger role in linking the regions, and enhancing opportunities for bilateral trade and travel, when they meet in New Delhi on January 25.
The Supreme Court on Thursday directed the CBI and the Enforcement Directorate to file status reports by January 23 in connection with their probe in cases including the Aircel-Maxis deal, arising out of the 2G spectrum allocation scam.
Is Kerala’s five-decade-long Gulf-money party over? The state government has commissioned the migration wing of the Centre for Development Studies (CDS) to examine the latest shifts in migration patterns, in the context of a slowdown in the rate of growth of Rs 154,252-crore NRI deposits in the state. State policymakers have been on their toes […]
What does industry want in terms of economic policies, as well as political governance, in the wake of the recent law and order problems?
For any business, the safety of people is very important.
To tackle the issue of non-movement of freight, especially coal, and passengers on the Dhanbad-Chandrapura railway section in Jharkhand, the Indian Railways has planned to lay a diverted railway route.
There exists a shortage of 39,000 between the accommodation available to government officials and the demand.
A 14.15-km Zojila tunnel in the difficult terrain of Jammu and Kashmir is now set to be a reality.
India’s largest knitwear and readymade garment exporters organisation, Tirupur Exporters’ Association (TEA), has sought exemption of the IGST levy on imports of accessories, early clearance of accumulated input tax credits, permanent deletion of Reverse Charge Mechanism (under Section 9(4) of GST) and incentives for investments made in labour accommodation infrastructure.
The Lok Sabha was informed that 205 officials were facing major penalties till November in FY18, compared with 128 in FY17. The number of minor penalties was 164, compared with 108 in FY17.
Rising energy and freight costs because of higher prices of pet coke, coal and diesel are expected to impact margins of cement companies.
The government is considering a proposal to raise the individual cap on foreign investment in power exchanges to 15% from the current 5%.
Telangana’s decision to supply 24-hour free power to farmers is expected to put additional pressure on the state’s two electricity distribution companies (discoms), which had a combined outstanding debt of Rs 13,944 crore at the end of FY16.
With several more schemes including those of textile and farm sectors coming under its ambit, direct benefit transfers (DBT) by the government touched Rs 85,809 crore in the first nine months of the current financial year, up 15% from the transfers in the whole of FY17.
Pune is all set to get its third Metro line with the Maharashtra state cabinet approving the Rs 8,313-crore project to be executed by the Pune Metropolitan Region Development Authority.
The board has laid down ground rules for assessing officers to appeal to RoCs for revival of firms with retrospective effect.
The ministry of railways has approached the ministry of corporate affairs to fix a tax liability issue of Indian Railway Finance Corporation (IRFC) which is affecting the net worth of the company, making it unattractive for listing.
Around a year and a half since launch, the Rs 6,000-crore package for the labour-intensive garments sector, which included freedom to mills to have fixed-term employees, has accomplished much less than envisaged.
The Kerala government has put forward before Railway Board a preliminary project report for setting up a semi high speed rail corridor between Kasargod and Thiruvananthapuram, above the existing rail line.
The debit card will be launched in association with the State Bank of India and the transporter’s arm IRCTC.
NUPPL, a 51:49 joint venture company of NLC India (NLCIL) — formerly Neyveli Lignite Corporation — and Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL), achieved financial closure of its 1980 MW power project.
The government on Friday extended the deadline for filing first of the three comprehensive GST returns — GSTR-1 which is populated with sales details — to January 10.