The proposal will now be considered by the Cabinet Committee on Economic Affairs.
To proceed with a Cabinet proposal to grant the relaxations to RIL, the Election Commission's approval will be sought.
The high-level panel, chaired by former Chief Justice of Karnataka and Kerala High Courts, K Sodhi, had focused on reviewing the Sebi (Prohibition of Insider Trading) Regulations, 1992.
Defence Minister Manohar Parrikar on Tuesday said the behaviour of war veterans protesting the notification on OROP scheme is "unlike that of a soldier".
In simple terms, it refers to a deduction allowed in income tax, irrespective of expenses incurred or investment made by assessees.
Amid a spate of government proposals at its door, the Election Commission has asked all Union government departments to route their proposals through the Cabinet Secretariat.
India's participation in Olympics will be decided only by the general body of the Board of Control for Cricket in India, which in all likelihood won't change its present stance of not taking part as they don't want to follow the Olympic charter.
The Standing Committee on Petroleum and Natural Gas in a report tabled in Parliament said the proposed formula is a simple average of two methodologies -- price of imports of LNG into India by different suppliers, and weighted average of prices of natural gas prevailing at Henry Hub in USA, National Balancing Point in London and netback import price at the well head of suppliers into Japan.
A robust dispute settlement system would help the government unlock tax revenues, and also aid ease of doing business.
R-Infra in its argument had told the high court that it was losing upto Rs 85 lakh a day despite being used by nearly 250,000 commuters
Dollar's strength and falling crude oil prices force downward revision of 2015 growth forecast.
Trump also announced that the US will end special treatment of Hong Kong in response to Chinese imposition of new controls.
He was also the first to be booked under the stringent Anti-Hijacking Act which had replaced the vintage law of 1982.
While a pick-up in summer monsoon rains in recent weeks is expected to cool food inflation, most analysts don't anticipate another rate cut before a new governor is on the job
An initial reading of the guidelines indicates two factors - potential rise in borrowing cost and lower returns on investment book - could hit the spread of NBFCs.
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
Trade unions said Jaitley's minimum wage announcement is completely inadequate
Jaitley had on Monday had virtually ruled out annual revision of pension as demanded by agitating ex-servicemen under OROP.
The 70-year-old ex-serviceman Ram Kishan Grewal committed suicide by consuming poison at a park in New Delhi area on Tuesday evening.
FIFA lifted Cameroon's indefinite suspension from international football on Monday, clearing the way for the team to finish their World Cup qualifiers.
The Oil Ministry has proposed raising natural gas prices by at least 60 per cent, a move that will result in rise in urea as well as power costs.
The committee said the move 'clearly undervalued the company and its long-term growth prospects'.
The new fare structure which will come into effect from December 1.
At the heart of the bidding war is the firm's edible oil refining capacity
The government is betting on the fact that it will be conducive for the new owner to give voluntary retirement scheme
A day ahead of Lok Sabha polls announcement, the government today decided to hike interest rates on fixed deposit schemes offered by post offices by up to 0.2 per cent.
The Centre is likely to cut budgetary support to the railways by around Rs 5,000-10,000 crore for 2018-19, out of the total budgeted GBS of Rs 53,060 crore. Due to this cut in GBS, the railways is likely to depend more on borrowings, asset monetisation, and internal generation to meet the capex target of Rs 1.465 trillion for the current year.
This is despite a 10 per cent rise in the average weekday ridership.
'From the day I've taken over as chairperson of the CBFC, Ashoke Pandit and Chandraprakesh Diwedi have ganged up against me,' Censor Board chief Pahlaj Nihalani tells Subhash K Jha.
The Indian board (BCCI) will consider a further increase in salaries for its contracted players after leading cricketers expressed dissatisfaction with the pay raise announced last month.
Arun Jaitley said he would put the DTC Bill in cold storage.
It further pointed out that the twin balance sheet problem -- at the end of banks and corporate -- more attractive interest rates for borrowers in the bond market and from non-banking financial institutions are other reasons for slow bank credit growth.
Within six months of joining iGate as CEO, Ashok Vemuri will get a performance bonus of $175,000 (about Rs 1.10 crore) for his strategic initiatives, which helped the US-based outsourcer grow revenues by over 10 per cent in the December quarter.
To make the process of conferring Padma awards more transparent, the home ministry has issued a revised proforma for people who wish to apply for the prestigious civilian honours.
The government on Saturday said it would present a bill on the revised Companies Act in Parliament before June 2005.
Prices of food articles contracted by 3.47 per cent in June on a yearly basis. Vegetable inflation stood at (-)21.16 per cent.
A summary of sports events and persons who made news on Thursday
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