The committee of secretaries (CoS) looking into the issue of allowing foreign direct investment (FDI) in the multi-brand retail segment is likely to meet this Friday to try for more agreement on the issue.
With President Pranab Mukherjee voicing his objection to the 'ordinance route', senior ministers met here on Tuesday to discuss how to ensure that the ordinances issued recently are followed up with legislative action in the upcoming budget session in February.
Even as India gears up for election results on May 16, a group of senior Bharatiya Janata Party leaders have taken up an informal initiative to see how a 'Modi ministry' will look like, in case the party forms the government at the Centre.
In his first two years, Tyagi, a Himachal Pradesh cadre IAS officer, has implemented challenging stock market reforms and taken action against high-profile corporate entities.
The Centre has finalised sweeping changes to the country's foreign direct investment (FDI) policy to account for increasing concerns voiced by security agencies.
The father-son duo are in the radar of the probe agencies in another case concerning the Aircel-Maxis deal.
Infra major's entry could queer the pitch for Jaypee and Hindustan Semiconductor.
The Naresh Chandra committee on civil aviation has recommended allowing upto 49 per cent foreign direct investment in the country's airlines.
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The agency has kept its FY15 growth forecast unchanged at 5.6 per cent.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
The Group of Ministers, headed by Finance Minister Pranab Mukherjee, would meet for the second time on November 12 to discuss in-depth the financial problems faced by Air India as well as the aviation sector in general.
Both have been robustly muscular leaders who began as immensely charismatic politicians conveying an impression that they were makers of history, raring to go. Both have been hyperactive on the world stage. But in the final analysis, Abe is departing on a sombre note, unceremoniously and apologetically, observes Ambassador M K Bhadrakumar.
Paving way for closure of long-pending Jet-Etihad deal, fair trade regulator CCI on Tuesday approved the proposed acquisition of 24 per cent stake in the Naresh Goyal-led Indian carrier by Abu Dhabi-based airline.
However, in recent times, the clout that trader bodies such as CAIT and other organisations like Swadeshi Jagran Manch and Laghu Udyog Bharati has is steadily increasing. Earlier this year, trader bodies were able to convince the government not to extend the deadline for implementation of the new norms in FDI policy on e-commerce.
Taking the supporters of Telangana supporters by surprise the Union government has given its nod to the ambitious Information Technology Investment Region proposal for Hyderabad which envisions an investment of Rs 2.19 lakh crore in and around the city over the next 25 years.
A sovereign bond float continued to be among the range of options to address the current account deficit (CAD), Finance Minister P Chidambaram said on Tuesday, even as former Finance Minister Yashwant Sinha asked him to tell Parliament the Centre would not countenance that measure.
Enunciating slew of measures initiated by the UPA to augment the sector, the finance minister said 19 oil and gas blocks were given out for exploration and 7 new airports are under construction.
The Department of Industrial Policy and Promotion in its draft Cabinet has proposed to further tighten the rules for foreign direct investment in brownfield pharmaceutical sector.
US retail chain Walmart is awaiting a decision by its board decision on its India strategy, including its partnership with the Bharti group.
'There has to be strikes on the ISI headquarters to raze it to the ground figuratively and otherwise,' says Group Captain Murli Menon (retd).
Metal shares were the top gainers with Hindalco up over 5%.
Over two lakh posts are estimated to be created by the Central government in its various departments.
In yet another secretary-level change, government appointed Hasmukh Adhia, a 1981 Gujarat cadre IAS officer, as the new Financial Services Secretary replacing G S Sandhu.
The prime minister's committee on infrastructure has finalised a proposal for restructuring the National Highway Authority of India.
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Shortage of ICU beds, oxygen, ventilators, vaccines, doctors, nurses and crematorium space in India has dominated headlines around the world in the past few weeks with Covid-19 cases surging beyond control and the government failing to deliver. Yes, election rallies, Kumbh Mela, blatant flouting of social distancing and mask protocols coupled with a messy vaccination process are said to be responsible for the health crisis of colossal proportions that India is facing today. But an analysis of Budget speeches made by finance ministers over 75 years also offers a glimpse of how low on the priority list healthcare has featured for the political class and policy-makers, which is a significant reason for the current situation.
India, which has a 7,500 km long coastline and nearly 200 ports, will soon come out with a National Cruise Shipping Policy to promote tourism.
An all-party meeting on Monday failed to hammer out a consensus over the controversial Insurance Bill, which was scheduled to be taken up in Rajya Sabha.
It will be headed by Secretary, Department of Financial Services.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
Winning an election may be a breeze for the BJP but the aftermath of victory isn't always painless.
Even if it wants to censor what you read, watch, or consume, the amount of content online is so huge that it is physically impossible for any government to do it, notes Vanita Kohli-Khandekar.
The government on Wednesday approved Rs 10,000 crore (Rs 100 billion) 'Fund of Funds for Startups' to support them with an aim to generate employment for 18 lakh persons.
The Cabinet had had approved promulgation of the Ordinance on Insurance Bill and re-promulgation of the Coal Ordinance on Wednesday, a day after the conclusion of the Winter session of Parliament.
FIXES BY THE GOVERNMENT: Energy price fixed, tax issues linger.
Sibal said the BJP always tries to gain a foothold in states where its presence is limited and afterwards "dumps" its allies.
For next fiscal, the minority stake sale target has been kept at Rs 36,000 crore.
Benchmark indices finished higher on hopes of economic reforms
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