Hero MotoCorp, Revolt Motors & Royal Enfield gear up to launch electric motorcyclesHero MotoCorp, Royal Enfield, and others plan to launch nearly half a dozen electric motorcycles in the next year, aiming to capture the gr...
India not a 'top priority' market for Enfield's first electric motorcycle, Flying Flea C6Royal Enfield's first electric motorcycle, the Flying Flea C6, will be launched globally, with India not being the priority market. Priced ...
Govt accepts IIPS director's resignation, revokes suspensionThe Indian health ministry has accepted the resignation of International Institute for Population Sciences (IIPS) Director, K S James, and ...
IIPS director suspended to ensure fair probe into alleged irregularities, govt says move not punishmentThe FFC has also recommended an inquiry against the concerned registrars for the corresponding period as well as the concerned director. Th...
View: States wait for a larger slice in the 15th Finance CommissionStates have also opposed the creation of a non-lapsable defence fund from the gross tax collections by the Centre, saying it would shrink t...
15th Finance Commission has an impossible task of performing a balancing act in Covid timesThe final report of the FFC, due October 30, may recommend that the Fiscal Responsibility and Budget Management Act (FRBM) and state-level ...
CAG demonstrates how govt relies on off-budget resources to fund deficitIndia’s deficit numbers have come under lens as the govt is increasingly depending on off-budget borrowings.
Will no fare hike put Delhi Metro on the path of Indian Railways?The fares recommended by the 2nd FFC were made effective from December 31, 2005 (after a gap of one year and nine months) with minimum fare...
Delhi Metro may hike fares today, maximum fare could be as much as Rs 50A committee has recommended a fare revision formula based on the change in WPI and input cost such as electricity bill and operation and ma...
Metro panel seeks lessons from abroad for new faresThough the ministry is yet to decide on the proposal, Panel chief Justice M L Mehta said it would first examine various presentations on Me...
Fresh panel of 5 ex-judges sent to ACC to pick Delhi Metro FFC chairmanFares of Delhi Metro were last revised in 2009 when the minimum fare was raised from Rs 6 to Rs 8 and the maximum from Rs 22 to Rs 30.
Centre releases Rs 37,420 crore as 1st instalment of devolution"The Government of India has released more than Rs 37,420 crore to all the states for financial year 2015-16 as the first instalment of dev...
Bihar, Assam, Tripura may lose share in central taxesHill state of Uttarakhand is going to lose about Rs 2,800 crore, while Tripura may lose about Rs 1,500 crore, sources said.
Economic Survey 2015: NITI Aayog, 14th Finance Commission will enhance fiscal federalismSurvey also recommended a grants-in-aid of Rs 48,906 crore for 11 revenue deficit states, including AP, WB and J&K for 2015-16.
States feel FRBM limits set too high for easy expansion of core sectorWith the economic slowdown, the Centre had relaxed fiscal deficit target to 3.5% of gross state domestic product (GSDP) in 2008-09.
State govts suggest relaxation in fiscal targets to allow them to spend more on infraUnder the Fiscal Responsibility and Budget Management Law, states have to meet stringent fiscal targets.
- First Flight Couriers leases three aircraft
In a bid to increase its foothold in the high-volume express cargo space, the Rs 240-crore First Flight Couriers (FFC) has decided to lease...