The new rules are expected to reduce power cost.
The oil companies raised petrol prices by Rs 7.50 on Wednesday, a tough but unpopular decision which many see as a strong signal from the government that it's now stepping on the reform pedal.
BJP National Secretary Kirit Somaiya alleged the current rupee dollar fluctuation was a major scam and it needed to be investigated by an expert group on a par with special investigation team.
Even as the government today gave Saurabh Chandra, secretary, department of industrial policy and promotion (DIPP), the additional charge of secretary, Department of Commerce, Dinesh Kumar Mittal has emerged as the front runner for the post.
The Maharashtra Food and Drugs Administration has initiated action against manufacturers of medicines and instruments, newspapers, TV channels and cable operators making outrageous claims through advertisements.
The peace between erring employees and the company was brought in after the intervention of Nashik Deputy Labour Commissioner R S Jadhav.
Mumbai's realty sector will protest against an alleged decision deficit and policy paralysis in both the state and central governments besides various pertinent agencies.
Prithviraj Chavan said, "I will meet Anna Hazare and will discuss at length on a range of issues. The state government is committed for a strong Lok Ayukta. Besides, my effort has been to bring in transparency in administration and sanity in governance. During my tenure as the chief minister of Maharashtra since November 2010, I have given priority for a public cause and not for personal gains. Discretionary powers have been reduced."
William D Gallo, president and chief executive officer, tells Sanjay Jog they propose to make India a hub to source solar technology for their international operations.
On the contrary, cotton exports are eligible for claiming one per cent duty drawback.
India asks for consultations on rise in professional visa fee that hurts IT companies' interests
The Comptroller & Auditor General of India has castigated the Maharashtra government for alleged irregularities in the sale and allotment of land in the past eight years, resulting in loss to the exchequer.
Stay out of Mumbai surveillance project, may seek new allies for future
In the wake of the Union Budget proposals, developers of Special Economic Zones (SEZs) say the scheme is heading for an end, with investors' interest certain to reduce drastically.
India's gross domestic product (GDP) can grow at seven per cent or more, provided the process of reforms is expedited, the World Bank has said.
Officials have stated the finance ministry is also contemplating doing away with some of the key export promotion schemes, to check revenue leakage -- such as the advance licence scheme and export promotion capital goods scheme.
Nitin Gadkari, national president of the Bharatiya Janata Party, had Reliance Industries chairman Mukesh Ambani to 'high tea' last evening at his Nagpur residence. The meeting was termed a 'courtesy call'.
The Supreme Court order asking the government to implement the inter-linking of rivers project is expected to change the water situation. Former minister Suresh Prabhu, who headed the task force on this project during the NDA rule, explains the necessity of the project.
Infosys is close to signing an agreement with the state-run Maharashtra Airport Develop-ment Corporation (MADC) to set up an IT campus at an investment of Rs 460 crore (Rs 4.6 billion) at the Nagpur SEZ.
Move to allow the FDI in domestic airlines is expected to benefit Kingfisher Airlines.
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