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December 6, 2014 9:49 PM
Railway Minister Suresh Prabhu on Saturday said the Railways needs investments of over 100 billion dollar in the next 3 to 4 years to transform itself.Addressing a function in New Delhi, Mr. Prabhu said the government is working on a plan to attract funds including from overseas. He said that the pa...
December 6, 2014 9:49 PM
Minister of Coal, Power and New and Renewable Energy, Piyush Goyal has said that the focus of the government is to double the coal production to one billion tonnes by 2019. Speaking at the 5th Confederation of Indian Industry (CII) National Meet in New Delhi today, Mr Goyal said that his Ministry ha...
December 6, 2014 9:47 PM
Directorate General of Civil Aviation, DGCA withdrew 186 slots of Spice Jet and asked it to clear salary dues of all its employees in the next ten days. The move came following deteriorating condition of the airline and large scale flight cancellations. The aviation regulator also asked Spice Jet to...
December 6, 2014 8:54 PM
Finance Minister Arun Jaitley on Saturday said the government will come out with more steps to rationalize subsidies.Addressing a function in New Delhi, Mr. Jaitley said he had held a series of meetings with the Expenditure Management Commission and it is effectively working on some very valuable su...
December 6, 2014 2:27 PM
Finance Minister Arun Jaitley today expressed hope that government will be able to strengthen the positive investment environment in the country. Addressing a function in New Delhi today, Mr Jaitley said, the external environment is also becoming favorable for the country as China and Japan have slo...
December 6, 2014 2:27 PM
India's largest lender, the State Bank of India has cut its deposit rates for maturities of over one year by 0.25 per cent. Under the revised pricing applicable from Monday, a deposit in the bank for over one year but less than five years will fetch an interest of 8.50 per cent. For deposit...
December 6, 2014 2:26 PM
India's forex reserves surged by 1.432 billion US dollar to 316.311 billion dollar in the week ended 28th November. A RBI press release has informed that foreign currency assets, a major part of the overall reserves, increased by 1.424 billion dollar to 290.822 billion dollar in the reporti...
December 6, 2014 8:17 AM
India's largest lender, the State Bank of India has cut its deposit rates for maturities of over one year by 0.25 per cent. Under the revised pricing applicable from Monday, a deposit in the bank for over one year but less than five years will fetch an interest of 8.50 per cent. For deposit...
December 6, 2014 8:11 AM
India's forex reserves surged by 1.432 billion US dollar to 316.311 billion dollar in the week ended 28th November. A RBI press release has informed that foreign currency assets, a major part of the overall reserves, increased by 1.424 billion dollar to 290.822 billion dollar in the reporti...
December 5, 2014 8:36 PM
The government's disinvestment drive got a tremendous start, today, with public sector steel major, SAIL's 5 percent share sale being subscribed more than two times, to fetch the exchequer about 1,715 crore rupees. This is the government's first disinvestment this fiscal. ...
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