Railways must pull back its share of freight traffic.
The states have unanimously pitched for sole administrative powers to carry out assessment, scrutiny and enforcement for entities up to an annual turnover of Rs 1.5 crore.
Mukesh Ambani's Reliance Industries (RIL) might be denied a higher gas price from its D1 and D3 fields until the arbitration process with the government is over and a third-party expert report on the fall in output at the KG-D6 block is out.
In its final order, the environment ministry had concluded that the upfront payment of Rs 200 crore as Environment Restoration Fund for violations and damage done was not permitted under the Environment Protection Act. Consequent to this order, the penalty that could be imposed on any confirmation of violation in the future is a maximum of Rs 1 lakh.
Speaker Om Birla he will hold a meeting with leaders of all parties and then take a decision.
From Swachh Bharat to spearheading the Make in India campaign, the PMO seems to be at the centre of all policies, writes Nivedita Mookerji.
'Around 15 crore poor people have lost their money.'
Jaitley said the government had earmarked Rs 25,000 crore (Rs 250 billion) for recapitalisation.
National Disaster Management Authority had in 2016 suggested assistance offered as a goodwill gesture 'may' be accepted.
According to reports across media, then president Thabo Mbeki and foreign minister Nkosazana Dlamini-Zuma approved the payment which the authorities again insisted on Friday was for a legitimate development project in the Caribbean.
I&B ministry refuses to respond to striking FTII students, who insist that Gajendra Chauhan has to go.
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
Here's everything you need to know about the Goods and Services Tax Bill.
The scandal stemming from longtime USA Gymnastics doctor Larry Nassar's sexual abuse of young female athletes could take a financial toll on the sports federation for years, sponsorship executives said.
Any company resident in a country has to pay both indirect taxes as well as Income Tax.
'The way the winners react and the speeches they deliver.' 'That is where the fun happens, when the actors and other winners let down their guard, challenge the system, talk about issues that should matter to us,' says Aseem Chhabra.
An area of worry relates to simplification of the refund procedure where the inverted duty structure prevails
Congress forced four adjournments of the proceedings in the RS over what it called as 'biggest scam of this century'.
A brief report card on Modi's ministers.
RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4%
Congress President Sonia Gandhi on Wednesday attacked Prime Minister Narendra Modi for his "blatant U-turn" on the issue of transparency.
The OPS-led faction said the rival camp headed by Tamil Nadu Chief Minister K Palaniswami was 'in a state of confusion'..
The Finance Ministry has invited private sector bankers.
The controversial report of the JPC, which gave a clean chit to Prime Minister Manmohan Singh in the 2G spectrum scam saying he was "misled" by the then Telecom Minister A Raja, was on Monday tabled in Lok Sabha amid pandemonium.
'It is the government's most important duty to ensure that when war breaks out, the armed forces are absolutely ready to face the adversary -- well equipped, well trained and in high spirits,' says Brigadier Gurmeet Kanwal (retd).
'Somewhere in the midst of the three milestones of 1881, 1984 and 1999 are the clues that provide the answer to the troubling corrosion of Karnataka politics: The disappearance of values, the criminalisation of politics, and the complete collapse of ideology,' says Krishna Prasad, former editor-in-chief, Outlook.
The DDCA probe panel chief has informed the Centre that he was under "pressure" for naming some individuals, including a "VIP", in his report on the cricket body's affairs.
When it comes to key hands-on management positions, India Inc is still largely run by men.
In the first allegation of corruption linked to next year's Olympics in Rio de Janeiro, Epoca magazine reported that construction company Carioca Engenharia allegedly bribed the speaker of the lower house of Congress in order to secure funds for a massive port area regeneration project.
'The accusation that Pakistan risks losing sovereignty to China is emotive and has the potential to spread.' 'China will, however, remain intent on achieving its strategic ambitions of acquiring Gwadar port and securing a large chunk of Pakistan occupied Kashmir,' says former RA&W officer Jayadeva Ranade.
Chennai on Wednesday turned a virtual island after unprecedented rains in 100 years pounded the city, shutting the airport and rendering thousands homeless.
Many PSBs are in the process of rationalisation of ATMs
Some parties complained to the Election Commission alleging violation of the model code.
On day 1, says retrospective taxation should be avoided; Sets up special investigation team to unearth black money.
The sixth metro station on the network became operational in April, completing the Phase I network.
The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.
Significantly, about half of the CEOs who took part in the survey indicated that they propose to increase their investments in near future, 45 per cent cited no change in investment levels, while only 5 per cent expected a fall.
Kumaraswamy, who also holds the finance portfolio, said he has limited the loan amount to Rs 2 lakh, as it was 'not right' to waiver higher value crop loan.
Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.
Rahul is going about the restructuring of the Congress leadership in a gradual, deliberate fashion: No sudden jerks, no abrupt moves. So while seniors like Janardan Dwivedi were edged out, Ahmed Patel has been retained.