Government policies

Banks failed to channel funds towards investments: Jaitley

05 Jan 2018

Reckless lending without proper risk management during the high-growth period since 2008 has affected banks’ capacity to support growth, finance minister Arun Jaitley says

Govt gets LS nod for Rs80,000-cr PSB recapitalisation bonds

05 Jan 2018

These bonds are part of the proposed Rs1,35,000-crore  recapitalisation bonds proposed to be issued over a two-year period

Bankruptcy Code amended to bar defaulting promoters from buying back assets

03 Jan 2018

Dairy infrastructure fund aims at full milk procurement at flush season

03 Jan 2018

Govt to bear debit card transaction costs up to Rs2,000 for 2 years

02 Jan 2018

GST anti-profiteering body cracks down on McDonald’s, 4 others

02 Jan 2018

Jaitley moves bill to amend Insolvency and Bankruptcy Code

29 Dec 2017

Govt does away with monthly hikes in LPG price

29 Dec 2017

Govt cuts interest rates on small saving schemes by 20 bps

28 Dec 2017

Kerala DGP Jacob Thomas suspended for speaking against corruption

20 Dec 2017

The senior-most IPS officer in the state and former vigilance commissioner was suspended from service for criticising the state governments over corruption in the handling of the Tsunami Fund and now Cyclone Ockhi

Maharashtra becomes first Indian state to offer 24/7 shopping

20 Dec 2017

While the new bill will enable businesses to run for extra hours, chief minister Devendra Fadnavis said the final permission will be granted by the police based on the areas and the locations

GST Council approves quarterly filing of tax returns

20 Dec 2017

UIDAI makes consumer nod mandatory for changing DBT bank accounts

20 Dec 2017

Controversial FRDI Bill with ‘bail in’ clause for banks deferred

19 Dec 2017

GST Council sets 1 June 2018 deadline for national e-way bill system

16 Dec 2017

Cabinet approves Rs2,600-cr special package for leather and footwear sector

16 Dec 2017

Cabinet clears new bill to replace MCI, end tainted medical admission process

16 Dec 2017

Govt to bear MDR cost of card transactions of value up to Rs2,000 for 2 years

15 Dec 2017

GST Council eyes real estate, electricity, and petroleum to boost revenues

15 Dec 2017

With Rs39,000-crore shortfall in states’ revenues in the four months since the roll-out of the new indirect tax regime, the GST Council is looking to expand the GST base by including real estate, electricity and petroleum products under GST

Bank union threatens strike if FRDI Bill is not revamped

13 Dec 2017

Centre issues guidelines for procurement of wind power through tariff based bidding

12 Dec 2017

IT-electronics sector seeks govt help against protectionism, tax incentives

12 Dec 2017

Jaitley seeks to soothe depositors' concerns over FRDI Bill

12 Dec 2017

Finance Minister Arun Jaitley has categorically asserted for the third time in less than a week that depositors would be ''fully protected'' in the event of a bank failure, as he sought to allay mounting fears over a proposed 'bail-in' clause in a draft legislation on financial resolution

Delhi’s Taj Mansingh, two other premium hotels put up for auction

09 Dec 2017

UIDAI to roll out OTP system for Aadhaar-mobile phone linking from 1 January

09 Dec 2017