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Chidambaram also said the government will take steps to curb imports of gold, silver, oil and luxury goods.
Prime Minister Narendra Modi who inducted 19 new ministers into his Cabinet on Tuesday has carried out major changes in the portfolios of his top ministers.
Khan's visit evoked considerable interest in Beijing as it comes in the wake of his past criticism of the USD 50 billion China-Pakistan Economic Corridor projects and remarks by his ministers to cut down some of the projects over debt concern.
The reshuffle is likely to take place after the ongoing Budget session ends on April 12, reports Archis Mohan.
Analysts cautious on outlook, expect earnings to remain under pressure over medium term.
Defending its decision to raise the number of seats under the India-United Arab Emirates (UAE) air services pact, the Civil Aviation Ministry, in a note to the Cabinet Secretariat and key ministries, has said no additional points of call have been allowed to the Gulf country.
India 'throws up' investment opportunities for Qatar investors.
Finance Minister Arun Jaitley is expected to present the Budget for 2014-15 in July.
At ATMs, as a step to avoid getting Rs 2,000 notes, people are withdrawing Rs 1,900 in Rs 100 notes and then putting another request for the balance Rs 600, so that they remain within the limit of Rs 2,500 per day of withdrawal.
Hours after 21 ministers took the oath of office and became a part of Prime Minister Narendra Modi's ministry, speculation began on which minister would be handed which portfolio. However, all speculation ended after the list was announced.
RBI declines to accede to plea, upheld by Padmanabhan panel, for priority sector tag; feels move would dilute claims of those needing it more.
The government plans to raise resources to finance capital spending beyond the Rs 3.10 lakh crore budgeted for 2017-18 through higher borrowing or divestment receipts.
Altogether 20,000 Indian nationals have been evacuated from quake-torn Nepal and arrangements were being made to take them to their homes by trains from Raxaul, Petroleum Minister Dharmendra Pradhan said on Tuesday.
The SC said, "You must tell us some way of preventing unemployment also. We cannot have people unemployed and hungry. There are areas where firecrackers can be used."
The Indian economy is expected to return to the pre-crisis growth trajectory of about 9 per cent in a couple of years.
The 'Make in India' vision cannot survive in the long-term without concrete measures to build a concurrent 'Create in India' movement.
If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.
Business chambers now inviting start-ups for membership.
Assocham said even if an investment revival were to happen, it would be a time lag of at least 18 months before it reflects in the manufacturing sector.
Foreign Trade Policy: More incentives for exports, focus on ease of trading
On Tuesday, Finance Minister P Chidambaram had more than adequately made clear that the government would be allocating Rs 14,000 crore through Budget, the Financial Services Secretary said.
Company says faults, which were noticed soon after system upgrade on March 27, have been rectified
As oil minister, he has overseen India's petroleum and natural gas needs. But now he also runs the environment ministry, where he has issued permits for 100 stalled projects in a month-long spree that has delighted industry but shocked green activists.
The exemption from MAT does not apply retroactively.
Modi sees export-led growth one of the best ways to create jobs.
Before leaving on a 10-day foreign visit starting Monday, Sharma said he would address concerns of foreign retail sector investors and ensure help in setting up stores.
As part of the charm offensive, New Delhi has invited global regulators -- including the FDA -- to visit Indian production units to get first-hand evidence of measures taken to ensure the quality of locally manufactured generics.
'Initially, Gift City was just another real estate project, but all that changed with Modi moving to New Delhi,' notes Tamal Bandyopadhyay.
If one were to go by the degree of clout, Jaitley was the undoubted No. 2 in the Modi government.
In a meeting with the commerce minister, India Inc hammered Sharma on the collapse of investments, structural nature of the current account deficit and stagnant growth in agriculture.
According to the draft, in the northeastern states the threshold is at Rs 500,000.
The oil ministry is rejecting the monetisation of new discoveries as their production will not be viable at the present price of $4.2 per mmbtu
The Appointments Committee of the Cabinet approved appointment of Sarraf, who at present is Managing Director of ONGC's overseas arm, ONGC Videsh Ltd.
Against the backdrop of objections by some MPs, Civil Aviation Minister Ajit Singh on Tuesday strongly defended the Rs 2,058 crore (Rs 20.58 billion) Jet-Etihad deal, saying those opposing it were "long on politics and short on facts".
The Bill to amend the Bureau of Indian Standards Act has been passed.
In its letter Voda Idea has warned that it is not in a sound financial state, and added that it would be in a position to meet its liabilities only if the government initiates steps including allowing set-offs for GST credit accumulated so far, and permitting staggered mechanism for payment of balance amount of interest, penalty, and interest on penalty.
Chidambaram said it was a 'despicable slur' on the six secretaries of the government.
With EU, it is part of the FTA that we will need to negotiate.
The sector employs around 1 million skilled and unskilled workers directly and indirectly and decline in exports is a major worry for participants in the value chain.
On day 1, says retrospective taxation should be avoided; Sets up special investigation team to unearth black money.
