The output had expanded by 4 per cent in March 2014.
'The Modi government believes the industrialist, the capitalist, has to pay for the assets of the government which belong to the people of India.'
The remarks came amid reports of mounting tension between the finance ministry and the RBI over the autonomy of monetary policy makers.
The finance ministry has short listed 11 PSUs for a possible buyback of shares in the ongoing financial year
The Oil Ministry has been trying since July to get an Empowered Committee of Secretaries to vet the separate price proposals of RIL and Essar but the panel has so far not decided to take up the issue.
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Indian companies are keenly waiting for reforms on rules related to land acquisition, labour, coal and power sector, and foreign direct investment in insurance sector.
The IPL uses this system for players' auction.
If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
The sector is witnessing weak tendering.
Government is expected to rely more on divestment proceeds to keep the fiscal deficit in check
The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance Factory Board factories.
The Prime Minister directed that a special cell be created immediately in the Cabinet Secretariat.
'If you weed out corruption, you will bring glory to Goa.'
Sumitra Mahajan on Tuesday took over as the minister of state for petroleum and natural gas.
In many cases, all that is required is a final letter from the ministry
Dismal performance by electricity, crude petroleum, coal and cement sectors pulled down the growth in infrastructure to just 2.6 per cent last month compared to a robust 10.2 per cent in July 2002.
Execs of RIL, Essar, Cairn India, Jubilant Energy, ADAG detained.
'He selects certain portfolios that he has personal interest in, and he does not give them to a senior leader. The responsibility is given to a junior minister who then directly reports to Modi or to the small team of bureaucrats working with Modi.' 'I noticed this first in Gujarat where Modi worked mainly with two ministers, Saurabh Patel and Amit Shah,' says Aakar Patel.
An announcement has barred the entry of journalists in the finance ministry.
BC Tripathi, who helms India's largest natural gas marketer and transporter -- GAIL, discusses last-mile connectivity to homes with Jyoti Mukul and Shine Jacob.
Industry officials say the crunch has not only affected manufacturing of edibles but even of items like nozzle pumps and other goods used in packaging.
MCA portal clocks 5 mn views in 8 months; ministry to integrate company records portal with DGFT, I-T dept this year
The BSE Midcap and Smallcap indices have performed better than the front-liners
NTPC has vowed to raise the amount of energy it generates from renewable resources
Ficci also said the new leadership is expected to recognise the industry concerns on land, labour and environment.
Pressure on the government increased with the Reserve Bank of India's surprise move on Thursday to cut interest rates
The National Democratic Alliance government is weeding out independent directors on the boards of public-sector undertakings (PSUs).
They said that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.
India's 100 top billionaires have seen their fortunes increase by Rs 12,97,822 crore since March last year when the Covid-19 pandemic hit the country and this amount is enough to give 13.8 crore poorest Indians a cheque for Rs 94,045 each.
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
The Indian Bureau of Mines has suspended mining operations in 90 mines for not carrying out mining in accordance with its approved plans and schemes during the last fiscal.
The size of the GDP in the second quarter of 2018-19 is estimated at Rs 33.98 lakh crore, as against Rs 31.72 lakh crore a year ago
A look at six indicators shows all of them have collapsed from positive growth in April to contraction in September.
The prime minister is likely to talk about its possible extension.
The list mostly contains PSUs which were up for sale in the last fiscal.
According to the report, the generation projects envisaged for completion by 2018-19 need to be given priority in fuel linkage.
There are actually great similarities between the two PM
