The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved disinvestment of government stake in State Trading Corporation (STC) and ITDC, which would fetch around Rs 30 crore to the exchequer. The Disinvestment Department had sought Cabinet nod to offload 5 per cent stake in India Tourism Development Corporation (ITDC) and 1.02 per cent in […]
Government is not considering any changes or altering the decision to increase natural gas prices from April 2014, Oil Minister M Veerappa Moily said on Thursday. “There is no thinking on part of the government for any review or reconsideration of the decision of the CCEA. Let me make it very clear. There is no […]
President Pranab Mukherjee signed ordinance on Food Security on Friday which provide highly subsidised foodgrains to 67 per cent of the country’s population at Rs 1-3 per kg. The Food Security programme when implemented will be the biggest in the world with the government spending estimated at Rs 125,000 crore annually on supply of about […]
Union Cabinet on Wednesday approved 710 crores rupees in two installments under the Pradhan Mantri Gram Sadak Yojana (PMGSY) to the Jammu and Kashmir. The amount will be as a special one-time dispensation for the cost of land acquisition covering compensatory afforestation, forest land, trees, private land and structures for completion of PMGSY programmes. This […]
India will take up with the US authorities serious allegations of America snooping Indian embassy in Washington. MEA spokesperson Syed Akbaruddin on Wednesday told the media in New Delhi that India is concerned at disquieting media reports of the Indian embassy being in the list of Missions that were intrusively monitored by US agencies. On […]
The Centre announced a hike in the support price of paddy marginally by Rs 60 to Rs 1,310 per quintal for the 2013-14 crop year, but the prices of some pulses and oilseeds were increased substantially by up to Rs 450 per quintal to boost output and reduce import dependence. Briefing the media about the […]
Biting the bullet, the government on Thursday approved near doubling of natural gas prices to USD 8.4 from 1st April next year, a move which will result in rise in power tariff, urea cost and CNG prices. This will be the first revision in gas prices in 3 years. The Cabinet Committee on Economic Affairs […]
In a wide-ranging overhaul of rules to make India an easier, safer and attractive investment destination, SEBI unveiled a new set of streamlined entry norms for foreign investors, while putting in place checks against any wrongdoings by the company promoters. The board of capital markets regulatory authority on Tuesday also paved way for direct listing […]
With an aim to increase jewellery exports, the government on Friday increased the duty drawback rate by Rs 73 to Rs 173.7 per gram on gold ornaments. Duty drawback is the refund of duties on imported inputs for export items. The drawback or tax refund rate for “articles of jewellery and parts thereof, made of […]
The Union Cabinet will meet today in New Delhi and likely to consider a proposal to promulgate an Ordinance for implementing Food security Bill. Food Minister K V Thomas said all UPA allies, including NCP, are on board and there was a consensus on issuing an ordinance. The Food Security Bill was tabled in the […]
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1. Top 5 Companies Offering WiFi-Enabled Curtain Motors for Ultimate Control
2. Yoga Therapist Ranjana Chhabra Announces 14-Day Face Yoga Workshop
3. Coca-Cola SLMG Appoints Costin Mandrea as CEO
4. Apparel Group’s R&B Unveils Festive Collection Across 109 Stores in GCC