Market looks like it will correct but that is the nature of the beast.
A total of 16 secretaries have been appointed to various central government departments.
The Enforcement Directorate on Tuesday arrested Financial Technologies India Limited founder Jignesh Shah in connection with its probe into the Rs 5,600-crore National Spot Exchange Limited money laundering scam.
Panagariya, who heads the government's main economic advisory body NITI Aayog, is also India's Group of 20 summit negotiator
In the face of the crisis in the Global Trust Bank, government on Monday committed to 'protect' the interests of depositors, with Finance Minister P Chidambaram saying deposits in the bank were 'reasonably safe.'
The central government has appointed India Invest Economic Foundation, a private agency, as consultant for operationalisation of new pension scheme by this month.
Private companies coming up with mega projects may have to bring in minimum 51 per cent equity in order to avail the proposed 'viability gap funding' scheme for which government has earmarked Rs 1,500 crore (Rs 15 billion) this fiscal.
Umer Ayub Khan signs a petition to the World Bank raising a dispute over the Baglihar hydropower project under the Indus Waters Treaty. His grandfather and Nehru had signed the treaty.
The PIL filed by Delhi-based lawyer Vivek Narayan Sharma has termed the notification of DEA as "dictatorial" claiming it did not grant reasonable time to citizens for exchanging the specified bank notes
One representative of the government as well as that of the Indian Banks' Association have been included in the expert committee which will advise the government on the new company law.
Oil and Natural Gas Corp, the Cabinet Committee on Economic Affairs has shot down its proposal to acquire a 45 per cent stake in a Nigerian oil and gas field for close to $2-billion saying the deal was 'too risky.'
Abu Dhabi national carrier had bought 24 per cent stake in Jet Airways for $379 million in April.
Arundhati Bhattacharya, chairman of country's largest lender State Bank of India said demonetisation of high value notes won't be a problem as the bank has done it before.
The Cabinet Committee on Economic Affairs on Thursday approved ONGC Videsh Ltd's proposal to lay a $200 million petroleum product pipeline in Sudan.
Eminent economist Montek Singh Ahluwalia was on Wednesday appointed deputy chairman of the Planning Commission.
The positive effects of demonetisation will be visible from April and the completion of remonetisation process will drive consumption going forward, Economic Affairs Secretary Shaktikanta Das said on Tuesday.
The Cabinet Committee on Economic Affairs did not take up the issue of hike in petroleum prices on Thursday, Commerce Minister Kamal Nath said.
The government on Thursday decided to provide budgetary support of Rs 141.41 crore (Rs 1.41 billion) to 16 central public sector undertakings to enable them to pay pending salaries and statutory dues of their employees.
The Finance Ministry's Economic Survey had projected a growth rate of 7-7.75 per cent.
Projects worth Rs 500 crore and above and up to Rs 1,000 crore can be cleared by the Finance Minister.
Relations between the Mint Road and North Block have often been frosty, with the former's calls for lowering rates being the biggest point of difference
Iran said on Wednesday that the proposed $4.16 billion Iran-India gas pipeline is closer to becoming a reality following the recent goodwill generated between India and Pakistan.
Calling Rajan "no less patriotic", he virtually ticked off Swamy saying "if anybody considers himself above the system then it is wrong".
BJP President & Leader of the Opposition LK Advani's speech at a function organised by The Karachi Council on Foreign Relations, Economic Affairs & Law, June 5.
Renowned economist Arjun Sengupta and Congress Economic Affairs Secretary Jairam Ramesh are among the front-runners for the post of Deputy Chairman, Planning Commission, which fell vacant following the resignation of K C Pant.
'Obviously, MSP hike raises chances of a reduction in exports. Even without an MSP hike, India's exports of a number of agri-commodities, like sugar, were unviable in the overseas markets.'
Call to hike the limit for investment approval from CCEA to Rs 1,500 crore.
The FIPB rejected two proposals -- Nigeria's Mokeme Chiwetal Izuchukwu and Lanarth Developers Pvt Ltd.
The government on Thursday cleared the long-awaited sale of the UTI Asset Management Company to three state-owned banks and the LIC at a price of Rs 1,237 crore.
The coins will be issued with three different themes -- Unity in Diversity, Mudras from Bharatnatyam and Connectivity and Information Technology.
The Department of Heavy Industry has been undertaking appraisals of each loss making CPSE to assess the prospects of revival.
"It has been decided to sell 8 per cent equity in Maruti," Heavy Industries and Public Enterprises Minister Santosh Mohan Deb told reporters after the meeting of Cabinet Committee on Economic Affairs on Friday.
Juster, 62, is an old India hand who played a key role in the landmark Indo-US civil nuclear deal.
The goverment was keeping a watch on inflation, which has to remain below 5 per cent, said Economic Affairs secretary Rakesh Mohan in reference to the recent surge in international crude oil prices.
