Government has targeted to garner about Rs 56,500 crore through selling its stake in PSUs.
For withdrawals through cheque, the weekly cap has been hiked to Rs 24,000 from Rs 20,000
Currently, most crowdfunding platforms neither operate with proper authorisation nor are governed under any law.
Traditionally, Prime Minister picks the RBI Governor after consultation with the finance minister.
Anticipating panic and rush at bank counters, the Reserve Bank of India as well as the government has set up control rooms in Mumbai and the national capital to avoid any crisis, Department of Economic Affairs Secretary Shaktikanta Das said.
The Cabinet Committee on Economic Affairs will discuss the proposal to lift the ban on state-owned companies from investing in mutual funds in its weekly meeting on Thursday.
The two groups have another JV, Wadia BSN, set up in 1996 to launch Groupe Danone's products from its global portfolio. However, nothing has been launched through the JV till date and Danone is in negotiations with the Wadias to dissolve the JV.
RBI may also be open to injecting liquidity through open market purchases of bonds but is resisting relaxing capital buffers for banks.
Most families had high value currency notes and they used it for making payments during the pre-demonetisation era.
'There are reports of political dissent mounting on Xi Jinping's handling of the Wuhan fallout.'
Income tax department sends out notices to cryptocurrency investors on suspicion of tax evasion.
Indian economy is doing well and the performance of domestic stock markets is not as bad as that of other nations.
The Cabinet Committee on Economic Affairs has approved the purchase of 68 aircraft by the country's flagship carrier Air India, Civil Aviation Minister Praful Patel said on Thursday.
Bullet trains are run by state-owned agencies in France and Germany.
The government on Thursday gave its nod to a foreign direct investment of $150 million (Rs 675 crore) in Maran family-run Sun TV's ambitious direct to home service project.
The IT modernisation project with this outlay was approved by Cabinet Committee of Economic Affairs in November 2012.
Sugar sector has welcomed the central government's decision to hike the buffer stock to 5 million tonnes.
Both industrial and domestic consumers will have to shell out more money for electricity following a hefty 14 per cent hike in the royalty that states charge on coal, the major input for power generation.
Virtual currencies don't have any intrinsic value and are not backed by any kind of assets.
By the time vital decisions, such as importing foodgrain, get implemented, it is often too late.
Following up on his barb last week that Rajan should be sent back to Chicago, BJP MP Subramanian Swamy has written a letter to the Prime Minister saying how a person appointed by the UPA government should be continued in the post.
The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).
The rural co-operative credit sector in the country is set to get a boost with $1 billion loan from the Asian Development Bank to the centre.
The Indo-Italian Chamber of Commerce is organising a road show, Invest Your Talent in Italy, a unique programme offering 60 Post-graduate Scholarships to students at prestigious Italian universities.
About 200,000 ATMs can dispense the new series of Rs 500 notes
Regulated electronic platforms such as e-spot markets or spot exchanges may be deemed as authorised markets.
There are contradictions in that relationship too.
The government will sign contracts on Tuesday for exploitation of gas trapped below coal seams in nine areas with three consortia, including one led by Anil Ambani Group companies.\n
Ahead of the Budget exercise scheduled to begin in the first week of November, Finance Minister P Chidambaram will have a new team of bureaucrats with Economic Affairs Secretary Ashok Jha appointed as the new Finance Secretary. \n
The Cabinet Committee on Economic Affairs approved on Thursday a weather insurance scheme as a risk management support for coffee growers.
With India joining the project, it would be called TAPI (Turkmenistan-Afghanistan-Pakistan-India) pipeline.
Market volatility has prompted the government to postpone the disinvestment of its residual 10.27 per cent stake in Maruti Udyog Ltd to the next financial year.
Short-term capital gains tax of 30% is likely to be levied if bitcoin is held for less than three years and 20% if held for longer than 36 months.
Apart from this, the Cabinet Committee on Economic Affairs also gave its approval for starting work on the fifth phase of the National Highway Development Programme.
The Cabinet Committee on Economic Affairs on Friday approved the Eastern and Western Freight Corridor proposals of the railway ministry.
Debroy worked as a consultant in the Department of Economic Affairs in Finance Ministry.
India and the Netherlands on Tuesday signed a memorandum of understanding for cooperation in biotechnology with an aim to find solutions to problems in agricultural and health
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