Govt set up panel for improving financial health of Indian Railways

Ministry of Railways has constituted a high level committee for improving financial health of Indian Railways. The Committee headed by former Secretary to Govt. of India, D.K. Mittal will identify factors, issues and avenues for improving the financial health. It will recommend ways and means for mo...

Govt sells SAIL share at floor price of Rs 83; Expected to fetch Rs 1,700 crore<br/>

Government has kicked off its ambitious disinvestment programme with the sale of five per cent stake in steel giant Steel Authority of India Ltd, SAIL at a floor price of 83 rupees per share today. The disinvestment process will help the government to meet its fiscal deficit target for the year. The...

SAIL share sale floor price fixed at Rs 83; may fetch Rs 1700 crore

SAIL share sale floor price fixed at Rs 83; may fetch Rs 1700 crore

Relay bank strike called by PSB staff hits east zone

Relay bank strike called by PSB staff hits east zone

Oil prices rises after hitting 4-1/2 year low

Air India, NBCC sign MoU for development of land parcels <br/>

Govt eases FDI rules for construction sector

Government has relaxed rules for Foreign Direct Investment, FDI in the construction sector by reducing minimum built-up area as well as capital requirement and easing the exit norms. The revised norms relating to Construction Development Sector, which were earlier approved by the Cabinet, have been ...

RBI issues norms for trading platform for MSME receivables

RBI issued guidelines for setting up a trading platform for trade receivables and bills of exchanges of Micro and Small and Medium Enterprises - MSME. In a notification issued from Mumbai, RBI said that the Trade Receivables Discounting System - TReDS should have a minimum paid up equity capital of ...