According to sources, Kingfisher Airlines allegedly diverted funds by opening a current account in HDFC Bank and had a balance of Rs 7.5 crore (Rs 75 million) as on date.
The RSS chief's comment that if war broke out, the military would not be ready for at least six to seven months is correct as it faces a shortfall in training and alertness and an even greater lack of funds for defence preparedness, notes Ajai Shukla.
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.
Sai said the revenue on account of steel exports stood at Rs 29,994 crore (Rs 299.94 billion) in 2013-14.
Tax shortfall: Finmin asks banks to deposit March TDS by month end.
The Central Vigilance Commission has convened a meeting with Central Bureau of Investigation Director Ranjit Sinha to discuss the missing files with details of coal block allocations.
'The government says the mortality rate among patients is 2 to 3 per cent, but in doctors it is 11 per cent, which is very high.'
The Narendra Modi-led National Democratic Alliance government has given environment clearance to five projects since it took charge on May 26.
The Reserve Bank of India (RBI) has liberalised the procedure for facilitating the import of rough diamonds (termed roughs in the trade).
Following is the Facebook post of Finance Minister Arun Jaitley on one-year of the BJP-led NDA government.
'A growth of above 7 per cent when the fundamentals of the economy are becoming stronger still makes India the fastest growing large economy.'
There is a proposal to term forests as areas so notified and not include plantations on private land.
The mines ministry would soon approach the Union Cabinet to seek its opinion on a directive of the Delhi high court for settling the sale of residual equity in the erstwhile Balco to Sterlite Industries Limited within four weeks.
All this is happening at a time when aluminium prices in the world market are firming up.
The government is working towards setting up an international diamond trading centre in the country and is keen to encourage investment by Indians in diamond mines abroad, Union Minister of Commerce and Industry Kamal Nath said on Tuesday.
The first task facing the authorities of the Pakistan-occupied Kashmir and India is to repair the road along the 170 km stretch and de-mine the area.
India has shortlisted five of the 17 hi-tech items of military hardware offered by the US for co-production and co-development under a one-of-its kind American offer to boost bilateral defence cooperation.
Chinese companies invested $3.62 billion in non-financial sectors overseas in 2004, an impressive growth of 27 per cent year-on-year, the ministry of commerce said in Beijing.
He claimed the NDA government bought the planes at Rs 1,600 crore a piece as against the Rs 526 crore for each aircraft fixed by the UPA.
The Narendra Modi-led government has issued around 50 fresh guidelines easing conditions for industry in about six months, beside launching an online system for applying environment clearances.
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
The Supreme Court judgement will hopefully ensure that those in power and authority will hesitate before allotting precious natural resources that belong to each and every citizen of the country in an arbitrary and corrupt manner, says Paranjoy Guha Thakurta.
A recent data released by the Central Statistics Office (CSO) confirm that both the manufacturing and mining sectors shrunk in 2013-14 with fall in output.
The defence minister said that if AFSPA was not imposed in a state, then the army couldn't operate there.
Raghuram Rajan, who was Chief Economic Advisor in the Finance Ministry before taking over as RBI Governor on September 4, is scheduled to announce the next mid-quarter policy review on December 18.
C Venkataramana, chairman and managing director of public sector alluminium major Natioan Alluminium Company has gone on leave following registration of a first information report against him by Mumbai Police for allegedly molesting a woman colleague
On the revenue front, the finance ministry was expecting higher proceeds from non-tax revenue.
As per revised rules every four tribals is likely to be displaced or affected by projects, as their habitations were rich in natural resources
After the revival of its ailing subsidiary IISCO, Steel Authority of India Ltd has sought the Centre's approval to merge it with itself.
A K Bhattacharya deciphers Prime Minister Narendra Modi's first cabinet reshuffle.
In a bid to break the monopoly of public sector coal companies, the government is planning to permit private coal mining companies to sell the commodity, thus overcoming the need for legislative changes.
The Group of Ministers on Telangana is set to discuss the draft bill for the creation of Telangana on Saturday.
"We have taken cognisance of Zakir Naik's speeches and have given necessary instructions for a probe. A thorough investigation will be done. CDs of his speeches are being examined," the home minister said.
Only three or four tonnes is estimated to have been mobilised under the scheme.
Successive governments focused on altering the clearance processes but largely gave a pass to the second, and essential, element of environmental regulations for monitoring pollution levels and how industries followed conditions laid down for clearances.
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