Economy - general
Excise sops for auto, capital goods extended till December
25 Jun 2014
Finance minister Arun Jaitley today announced an extension of the excise duty reduction for the automobile, consumer durables and capital goods sectors till December end
Scrapping of venerable Planning Commission on the cards
By By Jagdeep Worah | 24 Jun 2014
A government-appointed inquiry says the plan panel oversteps its mandate in fund allocation, is out of touch with current economics, and has become a ‘parking lot’ for IAS officers. By Jagdeep Worah
Roll-back of Mumbai suburban rail fare hike likely today
24 Jun 2014
The government is expected to review the doubling the fares of monthly season tickets for the suburban railway segment
Govt trying to keep revised gas price below $6.8 per mmBtu
24 Jun 2014
According to indications, the increase in gas prices will be $2 lower than the $8.4 per mmBtu price recommended by the UPA government
No information on Swiss bank accounts of Indian nationals: finance minister
23 Jun 2014
Finance minister Arun Jaitley today said no communication has been received from the Swiss authorities on their intention to share details of Indians with Swiss bank accounts
DIPP pitches for easier land acquisition rules
23 Jun 2014
DIPP wants labour laws relaxed
23 Jun 2014
The move comes at a time when India's manufacturing growth slumped to -0.7 per cent in 2013-14, the first contraction since 1991-92
Govt wants Reliance Industries to drop arbitration notice: report
23 Jun 2014
RIL had, last month, served a notice of arbitration on the petroleum ministry, following it up with another notice on the appointment of an arbitrator
Budget to unveil new initiatives in structural reforms: Arvind Mayaram
23 Jun 2014
The slowdown in India's economic growth has been partly due to its structural problems while external factors like unwinding of unconventional monetary policies in the US and elsewhere have affected capital formation
India to get details of Swiss bank accounts of its nationals
23 Jun 2014
Switzerland's central bank reported that Indian money in various Swiss banks had risen by 43 per cent during 2013 to around Rs14,000 crore
Growth above 6% without reforms could overheat economy: World Bank
21 Jun 2014
The Indian economy cannot grow at more than around 6 per cent without showing effects of overheating in the current scenario, says the World Bank.
Train fares to go up 14.2%, freight rate raised by 6.5%
20 Jun 2014
The biggest shock is for the suburban commuters who will be paying double the fares beginning 25 June