Digital-pay companies see 10x growth spurt after demonetisation, report Ayan Pramanik & Shine Jacob/Business Standard from Bengaluru.
Safety standards are thrown to the wind as government urges consumers to use mobile wallets at petrol pumps, Shine Jacob & Karan Choudhury/Business Standard report from New Delhi.
Reports from Ludhiana, Coimbatore, Moradabad, Tirupur, Indore, Surat, Delhi, Mumbai, Kolkata, Chennai and Hyderabad, suggest the impact of demonetisation is worsening.
A task force will speed up the recalibration of 200,000 ATMs so these can dispense the new Rs 2,000 notes.
While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.
The focus is likely to be on consolidation and improvement of existing rural-centric programmes to ensure their completion ahead of the next general elections in 2019, rather than announcement of new schemes. Sanjeeb Mukherjee and Arup Roychoudhury report.
Government hits back, tells rating agency to introspect on processes.
According to a source close to the development, the government is set to come out with a notification in this regard by the end of this week.
The government has managed Rs 21,000 crore through stake sales and buybacks in the first six months, the highest-ever first half divestment revenue for any year by a good margin, raising expectations for the rest of FY17.
Government considering proposal to allow conversion of used cooking oil into biodiesel, say Shine Jacob and Shreya Jai.
Dharmendra Pradhan lays bare the next course of action for his ministry and says RIL will have to pay the same price at which it produced the volumes.
Chief Economic Advisor Arvind Subramanian says that he hopes GDP growth will be at the upper end of the 7-7.5 per cent range.
'GST gives a huge relief to small businesses of India and West Bengal.'
The scheme would cover incidents like robbery and dacoity.
A comparison shows that for Delhi to Mumbai air travel, the lowest airfare price is in the range of Rs 2,755, while the surged price for second-AC comes at Rs 4,104, a 42 per cent increase from the current train fares
The committee said whatever benefit RIL received in terms of the migrated gas is liable to be returned to the government.
A railway official said the Talgo run was only a trial and, in case of launch of commercial services, clearance from CRS would be taken
The idea behind advancing the Budget date is to ensure that the Finance Bill is passed before the start of the financial year, on April 1, so that all central government departments get their full allocations to work with right from the first day
Apart from rail mishaps, the coverage would take care of terrorist attacks and accidental fall of a passenger from a train and normal accidents, riots, robbery and dacoity
Magnets on the track push and lift the train up in the air by about 1 inch to 6 inches