The government is likely to go ahead with divestment in 12-15 public sector units, including SAIL, Coal India, Hindustan Copper, Satluj Jal Vidyut Nigam Ltd and Engineers India Ltd among others next fiscal to raise Rs 40,000 crore, as stated in the budget.
Cabinet Committee on Economic Affairs would on Thursday discuss the proposals of the petroleum ministry on the states' claim to share profit on petroleum under production sharing contract signed under New Exploration Licence Policy.\n\n\n\n
The Prime Minister will formally launch the Rashtriya Kaushal Vikas Yojana and the National Skills Mission on July 15
Piyush Goyal, who held the post of finance minister when Arun Jaitley was undergoing treatment, told the Confederation of Indian Industry's annual session: "All stakeholders, including the RBI, should introspect on their respective roles (on low economic growth)."
Following is the Facebook post of Finance Minister Arun Jaitley on one-year of the BJP-led NDA government.
The first of the promotional roadshows for 70 blocks offered under the eighth edition of New Exploration Licensing Policy and 10 coal-bed methane areas will be held in Mumbai on August 8, a petroleum ministry official said. On April 9, India launched the eighth round of auction to give away blocks for exploration under NELP with August 10 being the last date for bidding. But it was deferred over ambiguity on tax holiday for natural gas.
The Planning Commission on Saturday approved the draft integrated energy policy, which seeks to implement market-based pricing and bring about better coordination among ministries.
Andhra Pradesh government has conveyed the deep concern and apprehensions of the people of the state over the incidents of murders of the people belonging to the state in the United States of America. Mohammed Ali Shabbir, minister for energy, coal, minorities' welfare and non-resident Indians affairs convened a high level meeting on the instructions of the Chief Minster Y S Rajasekhara Reddy on Friday.
During April-May, growth in the eight core industries slowed to 3.3 per cent as against 4.9 per cent in the year-ago period.
Besides facilitating travel by easing the traffic bottlenecks, the approved lines would help the upcoming industries in the region.
In a tough action, the Government on Thursday barred Greenpeace India from receiving foreign funds with immediate effect by suspending its licence for six months and froze all its accounts, alleging it has "prejudicially" affected the country's public and economic interests.
Will get Rs 830 cr, Rs 329 cr respectively to offset higher coal costs
'It's not as if power demand is falling. It's that generation has outpaced demand.'
In the four-paragraph letter, Jaitley said he had orally informed Modi about his desire not to be a part of the new BJP government to enable him to concentrate on treatment and health.
'Reports in a section of media regarding Union Minister Shri Arun Jaitley's health condition are false and baseless. Media is advised to stay clear of rumour mongering,' Government Spokesman Sitanshu Kar tweeted.
Power Minister Piyush Goyal is keen to revive the energy sector.
Power Minister Piyush Goyal is keen to revive the energy sector.
Security of tenure is important for a bureaucrat to work efficiently. There has to be some rationale behind posting a bureaucrat to a particular department, says former cabinet secretary T S R Subramanian
The instructions followed monthly review of the progress of eight major infrastructure sectors -- Civil Aviation, Ports and Inland Waterways, Railways, Roads, Telecom, Power, Coal, and New and Renewable Energy.
Some 74 projects from Odisha and another 51 projects from Chhattisgarh have lined up before the Project Monitoring Group.
'Which one of us would give up our flats for development?' 'We insist that others, who are unwilling but weak, make all the sacrifices on our behalf and then we are puzzled when there is violence against the State,' says Aakar Patel.
The Finance Ministry expects the economic growth in the current fiscal to improve to 5.5 per cent from 5 per cent last year on back of likely pick up in agricultural output on account of good monsoon rains.
Despite Prime Minister Narendra Modi's tall claims that no one has served nature more than India, some of the steps taken by his BJP government proves that the ground reality is exactly opposite, says Devanik Saha.
The CIL disinvestment has been hanging fire because of opposition from the trade unions. Mayaram's statement that the coal major will have to pay a higher dividend comes as the government makes efforts to meet its Rs 40,000 crore (Rs 400 billion) disinvestment target.
India's efforts to join the grouping suffered a setback in June when the NSG plenary decided against accepting its membership application after China and some other nations opposed entry of a non- Non-Proliferation Treaty signatory.
The growth rate in September was highest since May when it was 4.4%.
The Re 1 cut in diesel prices could lead Railway Minister Lalu Prasad Yadav to announce a reduction in passenger fares in the forthcoming Railway Budget.
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
Initially it will procure only e-rickshaws and e-autos for leasing to operators
It's time to step on the reforms accelerator.
Only 32 departments had prepared and submitted these plans.
BJP's success in two state elections gave Modi room to cut through a thicket of regulations and state controls.
For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.
Solar power is expensive. The cost of generating one unit of solar power is Rs 15 while it costs just Rs 1.19 per unit from coal (at Sasan ultra mega power plant). The Centre, in partnership with state governments, will give incentives worth up to Rs 12 per unit for generating power from solar energy.
Earning numbers of blue-chips, including ITC and SBI, due tomorrow.
The government, which on Thursday decided to sell ten per cent stake in NALCO, now contemplates offloading ten per cent stake in the Coal India Limited through initial public offerring.
Here comes the moment of truth. Modi prides himself on offering an "incorruptible" government. Will he dilute the Prevention of Corruption (Amendment) Bill to coax the administration's fealty and compromise his self-image?
The problem is so severe that multiple agencies have issued several precautionary measures.
The cess collected on cars as also tobacco and coal will be used to compensate the revenue loss of states by implementing GST.
The process of decision-making and making large policy moves in the force has slowed down owing to the absence of the designated chief.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances