For 2014-15, the bill on this account is likely to be 12.8% more than in 2013-14.
No one's quite sure on the retail FDI issue in this regard, after the new Rajasthan and Delhi governments cancelled the approvals given by their predecessors
Only Rs 3,000 cr has been disbursed. Over 80% of these transfers were for cooking gas subsidy.
Pakistan has kept trade and bus services suspended for a little over 10 days but has not publicly stated its stance.
Details of identity and residence will not be required for exchange of notes between April 1 and June 30.
The annual summit between India and Japan on Saturday will seek to forge greater bilateral trade and investment ties, with Japanese Prime Minister Shinzo Abe coming with a high-powered business delegation.
To check fiscal deficit, government needs to drastically cut Plan expenditure.
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Government seeks stakeholders' comments by Jan 30 on discussion paper.
The fourth finance ministerial meeting, to be held in New Delhi, will have Finance Minister P Chidambaram from the Indian side and Hyun Oh-seok, Deputy Prime Minister and minister of strategy and finance, from South Korea.
Common return for excise duty and service tax was envisaged when 119 services were taxed.
Downplaying concerns of delay, Amitabh Kant, managing director of Delhi-Mumbai Industrial Corridor Development Corporation (DMIC), says the project will be delivered on time.
Floats discussion paper for stakeholders' feedback with a deadline of January 28.
Executives in the segment say some top European, Japanese and Korean retailers are seriously interested.
DIPP had proposed 100% FDI in Railways, which it had to now scale down to 74% in certain areas
Flaring of tempers comes atop much simmering trouble on clashing views; these stands might now get frozen.
Years of wait before DTC, GST are rolled out
RBI declines to accede to plea, upheld by Padmanabhan panel, for priority sector tag; feels move would dilute claims of those needing it more.
Chief Minister of the Punjab province in Pakistan and the Pakistan prime minister's brother, Shahbaz Sharif, tells Nayanima Basu that strategic issues go hand in hand with trade normalisation. Sharif believes that cordial relations are in the interest of the people of both India and Pakistan and issues such as Kashmir will also be resolved soon.
Having faced a debacle in four Assembly elections recently, the UPA government is exploring ways to woo voters before the coming general elections - without deviating from the path of fiscal consolidation.
A visibly elated Sharma said the decision gave India complete protection even if it breached the food subsidy limit under WTO rules
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