The finance minister also said that the merger would not result in any retrenchment but rather improve the benefit of the employees.
On the volume side, the number of M&A and PE deals was 110 in July, 15 per cent lower from 130 in July 2018.
It has brought down the minimum capital requirement to $5 million from $10 million.
It is likely the government will divide the country into different zones during the proposed extended period of lockdown and might permit a few services to function in safe zones.
Under the scheme, the government proposes to provide electricity to all households by December 2018, ahead of the earlier target of March, 2019.
Overall, small savings have amassed Rs 1.17 trillion from April-September - 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three months, and is slated to lose 10 per cent in the second quarter.
A sum of Rs 7060 crore is provided in the current fiscal for the project of developing one hundred Smart Cities.
All laws have been modified to omit the domicile clause for property rights in the valley. This effectively means that anyone with enough money to spend can now technically buy property there, writes Sai Manish.
Narendra Modi is one of the least affluent ministers in the Union Cabinet.
Household consumption recovered in urban India in May-July but remains weak in rural.
The renovation of the property is underway, encompassing painting of walls, cleaning, and other necessary repairs befitting the new entrant's stature and requirements. The bungalow, spread over about 1.5 acres, belongs to the family of veteran Congress leader the late Sheila Kaul, who was the sister-in-law of India's first prime minister Jawaharlal Nehru. Virendra Singh Rawat reports.
Provisions of RERA, subsidy under PMAY and relaxation in PF withdrawal to buy a house will aid affordable housing, points out Harsh Roongta.
Investment in infrastructure was necessary for the economy, as power shortages, inadequate transport and poor connectivity affect overall growth performance, as per the Economic Survey 2019-20 tabled in Parliament by Union Finance and Corporate Affairs Minister Nirmala Sitharaman. "To achieve GDP of USD 5 trillion by 2024-25, India needs to spend about USD 1.4 trillion (Rs 100 lakh crore) over these years on infrastructure so that a lack of infrastructure does not become a constraint to growth," it said.
Aditi Phadnis and Archis Mohan take a state by state takedown of the party's chances in the poll-bound states.
The capital recorded 2,373 fresh coronavirus cases taking the tally to 92,175. With 61 deaths, the fatalities now stand at 2,864.
The budgetary allocation for the sector is Rs 60,908.22 crore, with Rs 6,400 crore earmarked for the centre's flagship health insurance scheme Ayushman Bharat- Pradhan Mantri Jan Arogya Yojna (AB-PMJAY).
More than legal and illegal mining of sand, the issue which stares us in the face is sustainable sand mining, says Gopal Krishna
The government, every year, hides behind the mystery of the disease, linking it with litchis, and does not confess malnutrition as the prime cause, points out Mohammad Sajjad.
On Sunday, Prime Minister Narendra Modi expanded his Cabinet and inducted 21 new ministers. Of these, 4 - Manohar Parrikar, JP Nadda, Suresh Prabhu and Birender Singh were appointed as Cabinet ministers. Other than this, Modi has inducted 17 other ministers of state. Here's a quick look at them:
Moily walked from his residence at 3, Tughlak Lane, to the Race Course Metro Station, where he boarded a Yellow Line train and alighted two stops later at the Central Secretariat station, a short walk from Shastri Bhawan, the seat of the Oil Ministry.
In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.
2015 is going to witness new agreements on climate change.
The government has also proposed to set up a Mission on Low Cost Affordable Housing to be anchored in the National Housing Bank.
PMC Bank depositors have spent the last one year holding protests, meeting politicians, writing to various authorities in an effort to get their hard-earned money back.
India will need an annual investment of Rs 15 trillion in infrastructure over the next five years, says Chandrajit Banerjee, DG, CII.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
There is anti-incumbency in urban areas. Rural Punjab, the Akali base, will hold the key.
The fact that Home Minister Amit Shah recently met Raje was a marker that Delhi will be compelled to take her more seriously than it would care to. Like B S Yediyurappa, she's a regional chieftain who can't be discarded at will, reports Radhika Ramaseshan.
Can the newly-minted Jal Shakti ministry bring water to some 19 crore Indian households that have never had taps or heard the sound of flowing water, wonders Vinayak Chatterjee.
Once implemented, customers making payments using Rupay card or BHIM UPI will get a cashback of 20 per cent of the total GST amount, subject to a maximum of Rs 100.
The expert noted that in India the pandemic is unlikely to be over in the months to come, and the number of people getting infected will continue to rise.
The World Bank's latest review of its purchasing power parity (PPP) baseline will reignite the poverty debate.
The temptation to rehash Manmohanomics is not going to deliver the achche-din that Narendra Modi has promised, warns Sriram Balasubramanian.
At a press conference, the NBCC CMD defended the move, saying it is a sacrifice that one has to make for development and they would be compensating by increasing the green cover 15 times.
'The India-Canada relationship has suffered benign neglect. Its full potential has not yet been realised,' says Rup Narayan Das.
'Are all roads in India privatised? Are governments not playing a role in airports or ports? If they (private players) want to set up lines for a specific requirement, I see no reason to object. It will expand the opportunity and passengers will also benefit.'
Prabhat Kumar, who has been appointed as the DGCA chief three months ago, is taking steps to ensure safety of passengers.
But the measures, particularly in agriculture, may not be enough to revive the sector and double the farm income, says S Mahendra Dev.
Likening the situation in the country to a "social emergency", Prime Minister Narendra Modi on Wednesday made it clear that the nationwide lockdown to contain the spread of Covid-19 cannot be lifted in one go on April 14, asserting that the priority of his government is to "save each and every life".
Stalin has given due respect to seniority in the pecking order, but has also taken into consideration the demands of individual ministries and the suitability of individuals, observes N Sathiya Moorthy.
