FDI in pharma: PMO sends missive to finance, industry ministries seeking progress reportThe PMO has shot off letters to finance and industry ministries seeking a progress report on implementation of the changes in FDI in the ph...
11 Jul, 2012, 04.25 AM IST
- Burden of service should be passed on to consumers: Mutual fund industry
The mutual fund industry wants the consumers to bear the burden of 12% service tax on purchase of schemes and has also pitched for higher a...
02 Jul, 2012, 04.34 PM IST
Day 1 as FM, Manmohan Singh talks of reviving animal spirits of businessmenA day after taking charge, the PM got down to business holding hectic parleys with top babus and chalking out responsibilities for his core...
28 Jun, 2012, 07.16 AM IST
- India to hold roadshows in Gulf nations to attract investments
Faced with sliding value of rupee, the Finance ministry has decided to organise roadshows in various countries, starting from Gulf nations.
07 Jun, 2012, 05.42 PM IST
IRDA raises concerns over corporate governance in LICIrda's main concern relates to the composition of LIC's govt-appointed board which includes the chiefs of some state-owned financial instit...
05 Mar, 2012, 08.03 AM IST
- Coal India Ltd. proposes Rs 5,684 crore dividend to government for FY12
State-run Coal India (CIL) has proposed to pay a higher dividend of Rs 5,684.73 crore to the government for 2011-12 compared to the last fi...
02 Feb, 2012, 04.03 PM IST
Government eyes additional Rs 7,000 crore dividend payout in 2011-12The govt is looking to garner an additional Rs 7,000 crore by persuading state-owned companies to increase their dividend payout for FY'12
25 Jan, 2012, 04.08 PM IST
- 'QFIs in equities will boost long-term investment'
The decision to allow foreigners to invest directly in equity market will encourage long-term investment and reduce dependence on FII "hot ...
02 Jan, 2012, 07.21 PM IST
- Finance Ministry to set up special group to deal with impact of global crisis
The Finance Ministry today decided to set up a Crisis Management Group (CMG) to deal with the impact of the global problems on the domestic...
26 Dec, 2011, 06.47 PM IST
- RBI to issue draft norms on new bank licences:FM
The Finance Ministry on Thursday said the Reserve Bank will come out with the draft guidelines on new bank licences soon.
02 Jun, 2011, 05.09 PM IST
- New policy on public private partnership in infrastructure, social sectors soon
A policy framework for public private partnership (PPP) in infrastructure and social sectors, such as health and education, is on the anvil.
12 May, 2011, 01.21 AM IST
- Pranab Mukherjee, Plan panel spar over social sector PPPs
The reason: the finance ministry feels social sector PPP projects, like other PPP projects, should be the Dept of Economic Affairs’ respons...
26 Apr, 2011, 01.27 AM IST
- High inflation a concern: DEA Secretary Gopalan
However, agriculture in India being predominately rain-fed, Gopalan's words seems to point towards the challenge due to any disruption in t...
09 Apr, 2011, 06.35 PM IST
- Govt to borrow Rs 2.5 lakh cr in first half of current fiscal
DEA Secretary R Gopalan said that the gross borrowing of the government would be Rs 2.5 lakh crore in the first half of the 2011-12 fiscal.
25 Mar, 2011, 01.18 PM IST
How government cover came in handy for IRDA to swing the dealThe development came as hardly a surprise to the seasoned former civil servant who had been privy to the decision taken at the highest leve...
21 Jun, 2010, 03.33 AM IST