"It has been decided to sell 8 per cent equity in Maruti," Heavy Industries and Public Enterprises Minister Santosh Mohan Deb told reporters after the meeting of Cabinet Committee on Economic Affairs on Friday.
The government will notify categories of employees who will be excluded from the controversial tax proposal on provident fund withdrawals.
The goverment was keeping a watch on inflation, which has to remain below 5 per cent, said Economic Affairs secretary Rakesh Mohan in reference to the recent surge in international crude oil prices.
The govt is expected to achieve the revenue target of Rs 40,000 crore from spectrum sale this fiscal, Telecom Secretary M F Farooqui said.
The ED said that Chidambaram has remained evasive and therefore grant of pre-arrest bail at this stage would be highly detrimental to the investigation.
As many as 641 customers across 19 banks have been duped of Rs 1.3 crore using stolen debit card data
'India remains a bright spot amid the global slowdown.'
The Cabinet Committee on Economic Affairs on Thursday gave an in-principle approval for listing of unlisted profitable public sector companies with a net worth of more than Rs 200 crore (Rs 2 billion).
A planned stake sale in Coal India in the last financial year had to be deferred after stiff opposition from the trade unions.
The agency recorded his statement under the Prevention of Money Laundering Act with some specific queries on the circumstances and procedures adopted by the now-defunct Foreign Investment Promotion Board while giving approval to the Aircel-Maxis deal during his tenure.
This is the second time the former finance minister has got relief from arrest.
"People giving me unasked for advice of discipline and restraint don't realise that if I disregard discipline there would be a bloodbath," he tweeted in an obvious attack on Jaitley.
The government has approved a hike in natural gas prices by 12 per cent to Rs 3,200 per thousand standard cubic meters from Rs 2,850 for power and fertiliser units.
'GST had to come close on the heels of demonetisation as part of the same package.'
Who will be India's new finance minister, when Dr Manmohan Singh will take oath as India's 14th prime minister on Saturday? Tell us.
World Bank President James D Wolfensohn on Friday called on Prime Minister Manmohan Singh at his residence as he wrapped up his 3-day visit to India.
The government will decide on increasing petrol, diesel, LPG and kerosene prices within the next 24-48 hours.
As banks improve their risk management systems, the intermediation cost as well as potential NPAs will come down.
It is possible that the final Budget architecture may be at variance with the comments.
Cabinet Committee on Economic Affairs would on Thursday discuss the proposals of the petroleum ministry on the states' claim to share profit on petroleum under production sharing contract signed under New Exploration Licence Policy.\n\n\n\n
The Cabinet Committee on Economic Affairs may consider slashing customs duty on petrol and diesel from 15 per cent to 10 per cent.
The high-level meeting comes against the backdrop of the rupee touching a record low of 58.98 to a dollar on Tuesday.
The move would help insurance firms to get much needed capital from overseas partners.
A bill to amend Banking Regulation Act, which will enable RBI to lower the mandatory limits on statutory liquidity ratio for commercial banks, will be introduced in Parliament soon.
Wiping out revenue deficit by 2008-09 will be a tough order while continuing forex inflows could create macro-economic problems
With the FIPB giving approval to the Tata-Singapore Airlines joint venture to start a full-service carrier, Tata Group Chairman Emeritus Ratan Tata on Friday met Commerce and Industry Minister Anand Sharma.
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