Government policies
Govt to sell 5% stake in SAIL on Friday
03 Dec 2014
The NDA government under Prime minister Narendra modi will kick off its first disinvestment programme with the sale of 5-per cent stake in state-run Steel Authority of India Ltd) on Friday
India opens construction sector to 100% FDI
03 Dec 2014
Foreign investment in construction-development projects will get approval through the automatic route, with immediate effect
Cabinet clears Companies (Amendment) Bill, 2014
03 Dec 2014
Govt further hikes excise duty on petrol and diesel
02 Dec 2014
The excise duty hike is expected to yield an additional Rs4,000 core in the remaining part of the current fiscal and, along with the Rs6,000 crore expected from the earlier hike in excise duty, would fetch the government an additional Rs10,000 crore
Jindal Steel shelves $10-bn coal-to-diesel project: report
24 Nov 2014
Jindal, which used to own some of these coal blocks scrapped by the Supreme Court, will now have to deposit about Rs3,000 crore with the government by December as a levy for the coal it has dug out from the mines that now stand cancelled
LPG subsidy not for ‘people like me’, only for poor: Jaitley
21 Nov 2014
The next important decision India will have to take is whether people like me are entitled to get our LPG subsidy, he said
Supreme Court bars CBI chief from probing 2G scam
20 Nov 2014
The judges found "credible" information that CBI director Ranjit Sinha has been trying to subvert his own agency's inquiry into the "2G scam
Government announces draft rules for e-auction of coal blocks
19 Nov 2014
While the government said the auction will not be a "revenue maximising exercise", it has proposed a cap on the number of blocks one entity can bid for so as to ensure that coal blocks are not monopolised
Jaitley wants RBI to relax rates to bolster investment
17 Nov 2014
If RBI, which is highly professional organisation, in its wisdom decides to bring down the cost of capital will give a good fillip to the Indian economy, the finance minister said
Govt asks CCI to step up cotton procurement
14 Nov 2014
Cipla wants Novartis’s patents on respiratory drug revoked
30 Oct 2014
Cipla, which launched a generic version of the drug, said Novartis imports "negligible quantity" of its patented drug Onbrez from Switzerland, thereby creating a supply shortage at a time when 15 million Indians needed treatment for chronic obstructive pulmonary disease
Govt cuts non-Plan expenditure by 10%, bans creation of new posts
30 Oct 2014
The finance ministry says the measures were intended to promote fiscal discipline, without restricting the operational efficiency of the government
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