How the first FDI in aviation was achieved.
Against the backdrop of long delays in its projects, the Government today asked the premier research agency Defence Research and Development Organisation to accelerate the work on its major military development programmes and complete them in time. The Cabinet Committee on Security headed by Prime Minister Manmohan Singh was briefed by the DRDO on its major projects including the futuristic Agni-6 and the recently launched Agni-5 long-range missile programmes.
After nearly five months wait, the government on Friday cleared UK's BP Plc buying 30 per cent stake in most of Reliance Industries' oil and gas blocks, including the showpiece KG-D6 gas fields, for $7.2 billion.
CCI has also raised the ceiling of 4,000 km of four-laning under the National Highways Development Project phase-IV to 8,000 km on a build, operate and transfer (BOT-toll) mode.
The FM wants credit for acting on environment, but does the wrong things.
Pinning hopes on the newly set up Cabinet Committee on Investment (CCI), the Economic Survey today said that specific issues facing the infrastructure sector need to be resolved to revive investment climate and propel sustainable growth.
Maharashtra's Marathwada region is facing a severe drought due to inadequate rainfall for two successive years. The task before the state government -- to effectively implement relief and rehabilitation measures --is huge. In an interview with Sanjay Jog, Higher and Technical Education Minister Rajesh Tope, who is also a member of the state Cabinet Committee of Ministers on Implementation of Drought Relief Measures, speaks of the gravity of the situation
Chief of Army Staff General Bikram Singh briefed Prime Minister Manmohan Singh and the Cabinet Committee on Security on the incursion by Chinese troops in Ladakh. "The CCS met today and the army chief briefed us on the Ladakh situation," Finance Minister P Chidambaram told reporters after the meeting.
India's reforms are business-friendly rather than market-friendly, says T N Ninan.
The monsoon session of Parliament will begin on 26 July.
The decision to partially decontrol the sugar sector, the only industry left under the government control, was taken by the Cabinet Committee on Economic Affairs Thursday.
Levy-sugar mechanism dismantled; govt to compensate states for supplying cheap sweetener via ration shops.
The newly formed Cabinet Committee on Investment will soon consider clearing 47 oil & gas blocks, including Reliance Industries' producing KG-D6 gas fields, where defence clearance has either been withdrawn or withheld.
The senior Congress leader's role has come under the scanner of investigating agencies in the Rs 3,500-crore Aircel-Maxis deal and the INX Media case involving Rs 305 crore.
The loans by the banks would be refinanced by the IDF so that banks have free funds for more lending.
Ending a long-pending dispute over sharing of sky for civilian and military traffic, Cabinet Committee on Security (CCS) on Friday approved easing restrictions
A high-level meeting will be convened soon to decide on probing the India operations of Chinese Telecom companies -- 'Huawei' and 'ZTE' -- against the backdrop of the US calling the two firms a threat to American national security.
CCEA approves its Rs 10,500-cr investment in India.
CCI, sector regulators may consult each other if jurisdictions overlap
'It was Parrikar's sharp insights into finance and international systems that stood out when India --at his suggestion -- decided to procure the Rafale combat jets from France.'
The China-focused mountain corps will include three mountain divisions (20,000 soldiers each), complete with tactical airlift capability, armed with necessary armoured regiments and artillery components, and deployment of C-130J Hercules aircraft, reveals R S Chauhan.
The China-focused mountain corps will include three mountain divisions (20,000 soldiers each), complete with tactical airlift capability, armed with necessary armoured regiments and artillery components, and deployment of C-130J Hercules aircraft, reveals R S Chauhan.
India's foreign investment panel has approved Swedish retailer IKEA's Rs 10,000 crore plan to set up shop in the country, the trade minister said.
India on Thursday outrightly rejected Pakistan's proposal for UN investigation into Tuesday's incident on Line of Control in which two Indian soldiers were killed with the body of one being badly mutilated.
Farooqui will have a 15 month tenure at the helm of the Department of Telecom before he attains superannuation age of 60 years in June 2014.
A key beneficiary of the CCI impetus has been the petroleum sector, where investments worth $13.42 billion for exploration and production activities in 40 oil blocks were held up.
In its first decision, the Cabinet Committee on Investment (CCI) on Wednesday cleared Reliance Industries' producing KG-D6 block and gas discovery area NEC-25 along with 3 other areas where the Defence Ministry had either barred oil and gas activity or put stringent conditions on that.
A series of mega projects that have faced bottlenecks and which the Cabinet Committee on Investments has to clear.
Mandatory pvt participation, annual tariff hikes, conforming to FRBM limits seen difficult.
In a note for the Cabinet Committee on Economic Affairs, the ministry has proposed raising gas price for state-run firms immediately and that for RIL from April 2014, sources privy to the development said.
The Union Cabinet on Monday cleared the proposal to set up Cabinet Committee on Investment under the Chairmanship of Prime Minister Manmohan Singh to accord expeditious approval to projects of over Rs 1,000 crore (Rs 10 billion).
It would be a Cabinet Committee on investments, to be chaired by Prime Minister Manmohan Singh.
It is more than certain that coal supply is a major constraint on power production; and power is a major constraint on industrial growth.
Apart from them, Chidambaram's wife -- Nalini -- has been chargesheeted by the CBI in the Saradha chit-fund scam for allegedly accepting a bribe of Rs 1.4 crore.
Bihar Chief Minister Nitish Kumar has long been demanding special category status for his state.
Four major Defence Research and Development Organisation projects, including the Light Combat Aircraft, Airborne Early Warning and Control System and Kaveri engine, are running behind schedule resulting in increase in their development cost, Lok Sabha was informed on Monday.
The revised plan for controversial National Counter-Terrorism Centre has been recalled from the Cabinet Secretariat after Sushilkumar Shinde took charge as home minister for a thorough review by him.
The government has allowed oil companies to raise diesel price by 50 paise a litre per month; bulk users to be charged market price.
The decision was taken at a full commission meeting held on Thursday under the chairmanship of Chief Election Commissioner V S Sampath, and communicated to the Union Cabinet, which met to take a call on the matter.
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