DMRC-like SPV to be floated in a month for the Rs 98,000 crore Mumbai-Ahmedabad corridor.
All the seven states hit by Left wing extremism have agreed on a joint action to confront the menace firmly and decisively, and the Centre will provide them full support in terms of security forces and funds, Union Home Minister P Chidambaram said.
In a rare face off, captains of the auto industry have hit out at the government for not walking the talk. At an industry event in the capital on Wednesday, R C Bhargava, chairman of India's largest carmaker Maruti Suzuki, and Venu Srinivasan, chairman of TVS Motor, questioned the government's intent to support the auto sector. Revenue secretary Tarun Bajaj sat in the audience listening, before his turn came to counter them.
The Union finance ministry is believed to have agreed to modify its notification for exempting from tax the entire 9.5 per cent interest on provident fund deposits for 2010-11, and will soon announce the good news for EPFO's 6 crore (60 million) depositors.
The Union finance ministry has temporarily suspended the facility for e-filing of income tax returns as it could not procure a security certification for the Income Tax Department's website in time.
Jairam Ramesh said India will be a great beneficiary if the global carbon budget principle is accepted as the country is a late comer in high growth plane.
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Many of the PPPs have not evinced interest, Prabhu said.
He said the Maharashtra government was providing all possible assistance to those affected.
Prasad asked private operators to play a role in skill development.
As the role of the powers-that-be in the government comes under the scanner, pressure is being mounted on the two ED officers investigating the 2G case from the highest level, particularly the finance ministry.
A decision on upgradation of Delhi and Mumbai airports is likely to be taken by the finance ministry in a week's time as part of government's efforts to create world-class civil aviation infrastructure in the country.\n\n
The Lakhimpur Kheri violence, in which four farmers were killed, is "absolutely condemnable," Finance Minister Nirmala Sitharaman has said, emphasising that there are issues of such nature happening in other parts of India equally which should be raised "when they happen and not when it suits others" because there is a Bharatiya Janata Party government in Uttar Pradesh.
The Ministry of Finance or Commerce would certainly need a larger hospitality budget than the Ministry of Agriculture.
Terming the Bill as a 'non political bipartisan issue,' he hoped to have all political parties on board as the Bill would benefit over 75 per cent of rural households and 50 per cent of urban households in the country.
The state Congress has written to Sitharaman, asking her to protect the interests of the state by retaining the exhibition in Bengaluru as she was a Rajya Sabha member from the state.
Abdul Jalil Mastan caught on camera asking a crowd at a note ban protest to hit with shoes the photograph of Prime Minister Narendra Modi, sparking condemnation and kicking up a ruckus in the state legislature.
SBI-led consortium of 17 banks had a total exposure of about Rs 6,500 cr to Kingfisher Airlines.
The Delhi high court on Thursday refused to direct the Centre to take back a press release of the army alleging that Lieutenant General (retired) Tejinder Singh offered a bribe to the army chief in connection with a defence deal. "The Union of India cannot be directed to disown or retract the aforesaid press release," Justice Mukta Gupta said while disposing off a petition by Tejinder Singh seeking withdrawal of the alleged defamatory press release.
Dubbing the statements of Union ministers Pranab Mukherjee and P Chidambaram on the controversial 2G note as "comical", Bharatiya Janata Party on Thursday said the issue was not one of settling bruised egoes but of fixing responsibility for loss of "lakhs of crores" of revenue in spectrum allocation.
A fortnight after rediff.com reported union ministers going up in arms over the PMO's proposal to have bureaucrats evaluate their performance, the prime minister has developed a cold feet, clarifying that the bureaucrats would only provide secretarial assistance and not sit in judgement on the ministers.
Union Finance Minister Arun Jaitley is set to present the Budget next month.
The government is studying suggestions on checking instances of double non-taxation and 'treaty shopping'
'She's not going to keel over.' 'This is the kind of difficult situation that she thrives in.'
The defence minister made the remarks after performing 'Shastra Puja' -- the customary worship of weapons -- at the Sukna-based headquarters of the Indian Army's 33 Corps in Darjeeling district of West Bengal on the occasion of Dussehra.
Dave complained of uneasiness at his home on Thursday morning and was rushed to AIIMS.
Tamil Nadu Chief Minister J Jayalalithaa on Wednesday demanded the resignation of Union Textiles Minister Dayanidhi Maran following reports that his family-owned Sun TV Network was a beneficiary of pay-offs by a Malaysian company, which benefited from equity sold by Aircel.
With the Budget Session starting on stormy note due to disruptions by Opposition on the issue of price rise and rail fare hike, the Parliamentary Affairs Minister said the government was ready to discuss all issues including price rise but under appropriate rules.
As the crucial third phase polling of the West Bengal assembly elections begins on Wednesday morning, Indrani Roy Mitra tries to gauge the political temperatures as she strolls through the by-lanes of poll-bound Kolkata.
In an apparent answer to crusader Anna Hazare's team mobilising the masses suffering corruption of the lower level bureaucracy, the government has quietly kicked of drafting of a Bill for creating a mechanism for the public services grievance redressal.
Union Cabinet Ministers have accumulated dues of Rs 435 crore on the cash-strapped Air India, which is 93 per cent of the total bills incurred by them during their visits abroad, Lok Sabha was informed on Wednesday.
Prime Minister Dr Manmohan Singh is likely to reshuffle the Union council of ministers after January 14. Congress President Sonia Gandhi has already held two rounds of consultations with Dr Singh. The reshuffle could see some Cabinet ministers going to the Congress to oversee party work, while others may see their portfolios change.
The finance ministry is considering a proposal by Indian Bank's Association to give post allowance to chairmen and executive directors of public sector banks, a key official said on Tuesday.
The Aam Aadmi Party government has decided to take up with the Union home minister its demand for the suspension of four police officials for alleged non-cooperation and lapses in duty after the Delhi police chief rejected their call for the said personnel to be penalised.
The minister said the government is willing to hear from the industry.
Voicing concern over the plight of the Tamils in Sri Lanka, the Dravida Munnetra Kazhagam on Friday sought Centre's immediate intervention to ensure relief and rehabilitation to internally displaced Tamils in the island nation.
The two firefighters had gone missing after the well caught fire on Tuesday and their bodies were recovered by a National Disaster Relief Force team on Wednesday morning, said Oil India Spokesperson Tridiv Hazarika.
'I will make sure that he resigns and repents for what he said. I am preparing a defamation suit and Ramesh must come down and admit to the nation that he had done wrong and this is no way to speak to the public.'
The Union finance ministry has sought views of the Securities and Exchange Board of India (Sebi) for setting up a 'social bourse.'
The Empowered Committee of state finance ministers is meeting under the chairmanship of West Bengal finance minister Asim Dasgupta to work out agreements on various aspects of the GST.
The change of mind among Indian experts is based on a recent decision of the UK high court.
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