Government policies
SFIO probing 187 companies running MLM schemes
04 May 2016
Govt defers decision on FDI approval for Agusta-Tata JV
03 May 2016
Indian Rotorcraft Ltd, set up in Hyderabad Aviation SEZ for assembling AW-199Kx helicopters, had sought an increase in its approved FDI of Rs17.6 crore to Rs19.64 crore and a change in the foreign investor from AugustaWestland SpA to Finmeccanica SpA
New bankruptcy code to speed up loan recovery
02 May 2016
Real Estate Act comes into force
02 May 2016
The new rules are expected to create an environment of trust and confidence, paving the way for credible transactions and efficient and time bound execution of projects
Modi govt relents, revises FY16 EPF rate to 8.8%
29 Apr 2016
SC directs common all-India medical entrance test from this year
28 Apr 2016
The apex court approved the proposal to treat the scheduled All India Pre-Medical Test (AIPMT) fixed for 1 May as the first National Eligibility Entrance Test (NEET-1), which will be followed by NEET-II on 24 July
India to save the market for Apple with a relaxed FDI policy
28 Apr 2016
A government panel has approved Apple’s demand for doing away with the 30 per cent local sourcing requirement for retail stores because of the cutting-edge technology the iPhone maker would bring
Reform banking laws to prevent loan defaults, SC tells govt
27 Apr 2016
The Supreme Court has asked the government to “reform” the banking regulations to prevent huge write-offs of bad loans and also to ensure that loan defaulters cannot run away without repaying
Centre decides to terminate 3 highway projects
23 Apr 2016
Govt rescinds order banning PF withdrawal amidst violent protests
19 Apr 2016
With the rescinding of the order, curbs to accessing the entire provident fund corpus, which were to come into effect from 1 May, now stand withdrawn, subject to certain conditions
Tirupati temple deposits 1,311 kg gold with PNB under gold monetisation scheme
19 Apr 2016
Tirumala temple gets about one tonne of gold every year as offerings from devotees, which is typically sent to refineries or the government mint for conversion to gold bars, which are then deposited in banks
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