The cess collected on cars as also tobacco and coal will be used to compensate the revenue loss of states by implementing GST.
A brief report card on Modi's ministers.
The process of decision-making and making large policy moves in the force has slowed down owing to the absence of the designated chief.
The Finance Ministry has called a meeting of heads of public sector banks to clear stalled projects.
The problem is so severe that multiple agencies have issued several precautionary measures.
Five months into office, Prime Minister Narendra Modi will expand and reshuffle his Council of Ministers on Sunday, bringing in new faces and is likely to drop a few.
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.
Clean energy cess to hike cost for power sector.
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.
During April-September, the eight sectors grew by 4 per cent, against 5 per cent in the year-ago period.
Inputs by the Petroleum Ministry were found among stolen documents.
Finance Minister Arun Jaitley, along with other senior ministers, on Tuesday pitched India growth story before 21 large global investors
The average rating was seven out of 10.
India's steel imports from China, the world's biggest producer of the alloy, doubled in April-September from a year ago though the country has enough capacity to meet its demand.
The government will announce minimum support prices for kharif.
In a first, Prime Minister Narendra Modi on Wednesday met the secretaries of all the government departments collectively and asked them to directly get in touch with him to resolve issues and expedite decision-making.
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 truth is that few ministries in the Modi sarkar are working on new and updated legislation of any kind.
When word got around in the ministry of external affairs that Siddhartha and Malavika were going to New York and would be with SM Krishna, protocol officers went to Delhi airport to see off the couple. Siddhartha chided them for doing so and when the officials said a government vehicle would be picking them up at John F Kennedy airport on arrival, he told them that he would take a taxi to reach the New York Palace hotel where his father-in-law was staying. K P Nayar reports.
In a bid to woo foreign investors, the Indian Railways is planning to organise road shows in select countries showcasing opportunities for investment in the rail sector.
This is Kim's first overseas visit since he took over power in 2011 after his father's death.
Having successfully implemented the 25 per cent free-float norm for private companies, the Securities and Exchange Board of India now wants the government to pare its holdings in public-sector undertakings to below 75 per cent.
Lower crude prices mean less government outlay for India,
Divestment Minister Arun Shourie will now handle the key Communication and Information Technology ministries too.
ONGC's chairman and managing director Sudhir Vasudeva tells Business Standard that any price for natural gas that is more than $4.2 a unit is good for the company.
Twitter handles of the PM and the ministers would be used liberally for the run-up to one year
India remains North Korea's 2nd-largest import source after China, according to several estimates by multilateral bodies, says Subhayan Chakraborty.
Govt hopes to add 0.21 mn Mw capacity by 2022, against 0.25 mn Mw added over 60 years.
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Likely to set the ball rolling for Rs 1.72-lakh-cr projects today
As mostly sports-mad Mongolians cheer on the country's two medalists at the Rio Olympic Games, deepening economic troubles at home mean the new government cannot afford to pay its athletes.
Prime Minister Narendra Modi said re-developed railway stations would become iconic structures and centres of economic activity.
Union Minister of State for Human Resources Development Sanjay Paswan had on Monday had walked barefoot on a 15-feet stretch of smouldering coal as part of a faith healing ritual.
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