Govt acts to tame inflation; brings potatoes, onions under Essential...
Cracking down further on hoarding, the Centre today put onion and potato under purview of the Essential Commodities Act and imposed stock holding limits in a bid to improve availability and rein in...
View ArticlePanel submits report on new gas pricing formula
The increase in gas price would bring windfall for the government -- about $2.08 billion (Rs 12,900 crore) from additional profit petroleum, royalty and taxes accruing from doubling of gas rates,...
View ArticleCoal India has so far signed fuel supply pacts for 161 power units
The Cabinet Committee on Economic Affairs (CCEA) had earlier directed for coal supplies in respect of power projects worth 78,000 mw capacity The post Coal India has so far signed fuel supply pacts for...
View ArticleTesco cuts profit forecast for third time this year, suspends staff after...
Tesco cut its profit forecast for the third time this year on Monday after finding a fault in its accounts, the latest blow of several to the reputation of Britain's biggest grocer. The post Tesco...
View ArticleCCEA clears Glenmark, Aurobindo foreign funding proposals worth Rs 4,187 cr
The decision was taken by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi. The post CCEA clears Glenmark, Aurobindo foreign funding proposals worth Rs 4,187 cr...
View ArticleGovt notifies FDI policy relaxations for NRIs, removes investment cap
The decision is expected to result in increased investments across sectors and greater inflow of foreign exchange remittances leading to higher economic growth. The post Govt notifies FDI policy...
View ArticleNo probe into purchase of aircraft by Air India, says Raju
Civil Aviation Minister Ashok Gajapathi Raju said the government "has not ordered any probe into the matter". The post No probe into purchase of aircraft by Air India, says Raju appeared first on...
View ArticleCabinet nod to four rail line projects worth Rs 8,351 cr
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi today gave its approval for the doubling of 189.278 km Kottavalasa-Koraput railway line with a completion cost of Rs...
View ArticleONGC gets govt nod for converting OVL’s Rs 5,000 crore loan into equity
ONGC had extended a loan of Rs 6,000 crore to its overseas investment arm to meet its acquisitions requirements The post ONGC gets govt nod for converting OVL’s Rs 5,000 crore loan into equity appeared...
View ArticleCabinet approves new pricing formula for gas finds in difficult areas
Seeking to revive interest in oil and gas exploration by simplifying rules, the cabinet approved a new fiscal and contractual regime for award of hydrocarbon acreages. The post Cabinet approves new...
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