It is estimating that this would help monetise assets worth Rs 10,000 crore.
The government said on Tuesday public sector insurance companies do not intend to deny the facility of mediclaim to those above 55.
The Central Bureau has summoned Trinamool Congress's member of Parliament Abhishek Banerjee's brother-in-law in connection with a case of alleged illegal coalmining from the mines of the Eastern Coalfields Limited (ECL) in West Bengal's Asansol, involving the "kingpin" of the racket, Anup Manjhi, officials said on Friday.
The Central government on Thursday allowed 50 per cent of its employees to work from home and the remaining to attend office every day besides implementing different time slots for working hours in its effort to further check the spread of the coronavirus disease.
Indeed has seen an increase in listings for drivers, food delivery runners, and other service providers.
On June 1 2017, the credit protocol to the Intergovernmental Agreement of December 5 2008 and the GFA for Kudankulam NPP Units 5, 6 were signed.
The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals.
The affidavit was filed in response to a petition seeking a direction to declare the PM CARES Fund a 'State' under the Constitution to ensure transparency in its functioning.
Defying trends, the country's largest private sector lender, HDFC Bank, has shifted its asset mix significantly towards high-rated segments. As a result, its wholesale-to-retail mix has tilted heavily in favour of wholesale, even at the cost of margins. Further, it is even looking to ramp up its branch network, with an aim to service clients within a 1-2 km radius rather than the current 5-6 km radius.
In all, 25 Chairman-cum-Managing Director (CMD) posts, 8 MD posts and 2 Chairman posts are lying vacant, according to a written reply by Minister of State for Heavy Industries and Public Enterprises P Radhakrishnan in the Lok Sabha.
The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers.
Public sector companies should increase efficiency and productivity to reduce the gap between salary structures of government undertakings and private firms, Sarthak Behuria, chairman and managing director of Indian Oil Corp and chairman of SCOPE sai
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
On Gandhi Jayanti, she also invoked the Father of the Nation, to assail the government which, she claimed, swears by his name but demolishes his ideals through its actions.
A five-judge Constitution bench headed by Justice Sanjay Kishan Kaul, in a unanimous verdict, ruled that its 2014 verdict, which had struck down a provision of the Delhi Special Police Establishment (DSPE) Act, 1946 providing immunity to such officers in graft cases, will have retrospective effect.
Private companies have been increasing their dividend payouts at a much higher pace than their public-sector counterparts, though some state-run companies are making huge payouts in absolute terms.
With the privatisation of BPCL appearing inevitable, there are worries that the new promoter would soon move to lower wages.
The proposal has been discussed by Sebi's Committee on Rationalisation of Financial Resources, which favours setting up such a fund.
If implemented after stakeholder consultations, migrant voters do not need to travel to their home district to exercise their franchise.
The government is contemplating amending the existing law to avoid litigation in recovery of EPF dues from defaulting public and private sector undertakings, Labour Minister K Chandrasekhar Rao informed the Rajya Sabha on Thursday.
Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms
The government on Monday published a draft data policy for public consultation, which says all data collected, generated, and stored by every government ministry and department will be open and shareable barring certain exceptions. Also, detailed datasets that have undergone value addition could be monetised by the government. The policy document, called "Draft India Data Accessibility & Use Policy 2022", prescribes that a regulatory authority called the Indian Data Council (IDC) and an agency by the name India Data Office (IDO) will oversee framing metadata standards and enforcement, respectively.
'The corruption charges in FCI are not the first and won't be the last.'
The thinking at the Centre is that since the RBI has ramped up purchases of government bonds, the interest earned on them will be transferred to the exchequer as dividend.
Congress president Sonia Gandhi on Tuesday wrote to Prime Minister Narendra Modi suggesting five measures to conserve money for the fight against COVID-19, including a complete ban on media advertisements by government and PSUs for two years and suspending the Central Vista beautification project.
HMT Watches has been making losses for the last 15 years.
The Prime Minister will formally launch the Rashtriya Kaushal Vikas Yojana and the National Skills Mission on July 15
The mega solar power project is comprised of three solar generating units of 250 MW each located on a 500-hectare plot of land situated inside a solar park.
The finance ministry plans to work out its borrowing calendar.
A bonus is given to existing stockholders in proportion to the number of shares they already hold.
Since March 31, 2022, the PSBs' market cap has risen 43.7 per cent, from Rs. 7.29 trillion to Rs. 10.47 trillion. It's time for the government, the majority owner of public sector banks, to reap the benefit of the rally in bank stocks, recommends Tamal Bandyopadhyay.
Over 93% of the orders in the year came from the central and state governments, PSUs, and NHAI.
Finance Minister Nirmala Sitharaman is scheduled to meet heads of public sector banks (PSBs) next week to review performance of the lenders and progress made by them to support the economy battered by the COVID-19 pandemic. Banks would be urged to sanction loans for productive sectors to accelerate revival of the economy, sources said. According to sources, the two-day meeting would commence on November 17 and undertake a comprehensive review of various segments, progress in government schemes including Aatmanirbhar Bharat Abhiyan.
Dispatch of the vaccine is likely to start by early Tuesday morning, sources said. According to the order placed, each dose of the vaccine has been priced at Rs 200 and with GST of Rs 10, it would cost Rs 210.
ONGC has emerged as the top performer among the public sector enterprises, registering a net profit of Rs 10,529 crore in 2002-03, while the Fertiliser Corp earned the dubious distinction of topping the loss-making undertakings.
Getting the balance between fiscal restraint and growth-contracting policy remains a problem.
'The hackers' objectives were centred around smearing India's reputation, causing productivity loss, creating operational damage and seeking financial gains.'
This provision is a very smart rule against fraudster and would not affect any genuine business entities or Ease of Doing Business in any manner, said a source.