India buzzing with entrepreneurial activity like never before: Sitharaman

Govt says to facilitate those who want to be part of Start Up initiative

Government says it is more than willing to facilitate those who want to be part of Start Up initiative.Addressing a conference in New Delhi on Saturday, Commerce and Industry Minister Nirmala Sitharaman said, government believes in accountability and transparency, therefore all the partners have to ...

Odisha govt to acquire one lakh acre land under its land bank scheme

Odisha govt to organise 'Invest Odisha' meet in Bengaluru on Tuesday

The Odisha government will organise an 'Invest Odisha' meet in Bengaluru on Tuesday.A meeting in this regard was held on Friday in Bhubaneswar under the chairmanship of Minister of Industries Debi Prasad Mishra.Mr Mishra told reporters that Chief Minister Naveen Patnaik will attend...

Interest of bank employees to be taken care in proposed merger with SBI: Govt

Government has said the interest of the employees of five associate banks will be taken care in the proposed merger with the State Bank of India.Finance Minister Arun Jaitley in a written reply in the Lok Sabha today said, the centre has sanctioned the proposal of SBI to enter into negotiations with...

Niti Aayog analysing sick and loss-making PSUs: Govt

Niti Aayog is analysing the sick and loss-making public sector undertakings in the country. Minister of State for Finance Arjun Ram Meghwal informed this in a written reply in Lok Sabha today. He said, according to public enterprises survey of 2014-15, India has 77 loss-making central public sector ...

14 PSU banks post losses in last financial year<br/>

Fourteen public sector banks out of 27 posted losses in the last financial year. The main reason for their losses was Asset Quality Review initiated by the Reserve Bank of India. As a result, the banks had to suddenly make provisions for accounts categorized as non-performing assets under the exerci...

India emerges as safe haven for investors around the world post-Brexit: Jaitley

NDB announces loans worth 900 million dollars

The New Development Bank launched by 5 emerging economies, known as BRICS, has announced its first round of loans worth about 900 million dollars. The Bank held its first general meeting in Shanghai yesterday. Brazil, Russia, India, China and South Africa established the institution last year. The f...

Govt says DBT scheme saves Rs 21K cr in LPG subsidy in 2 yrs<br/>

The government has clarified that savings resulting from Direct Benefit Transfer of LPG scheme PAHAL is estimated to be Rs 21,261 crore since the launch of the scheme in 2014-15. The clarification came in the backdrop of a newspaper report which had said that government&apos;s actual savings wer...