Business

May 21, 2016 9:03 PM

Competition plays great role in market oriented economies: FM

Finance Minister Arun Jaitley has said that competition has a great role to play in market oriented economies and it paves the way for reforms and development.Speaking at an event organised by competition commission of India in New Delhi, Finance Minister said the nation has seen spurt in growth in ...

May 21, 2016 7:11 PM

Govt may cut sugar import duty to cool prices

The government today said it will consider lowering import duty on sugar and banning exports of the sweetener if prices spike further from the current level. Briefing the media after the States Food Minister's meeting in New Delhi, Food and Consumer Affairs Minister Ram Vilas Paswan said, t...

May 21, 2016 6:40 PM

Govt may cut sugar import duty to cool prices

The government today said it will consider lowering import duty on sugar and banning exports of the sweetener if prices spike further from the current level. Briefing the media after the States Food Minister's meeting in New Delhi, Food and Consumer Affairs Minister Ram Vilas Paswan said, t...

May 21, 2016 2:50 PM

Government to auction 2,000 megahertz of spectrum

Union Minister Ravi Shankar Prasad has said that the government will auction 2,000 megahertz of spectrum in the next 2 to 3 months. Speaking at an Assocham event in New Delhi yesterday evening, he said the government will go for one of the highest ever auction of 2,000 megahertz so that industry pla...

May 21, 2016 9:07 AM

Competition plays great role in market oriented economies: FM

Finance Minister Arun Jaitley has said that competition has a great role to play in market oriented economies and it paves the way for reforms and development.Speaking at an event organised by competition commission of India in New Delhi, Finance Minister said the nation has seen spurt in growth in ...

May 20, 2016 8:41 PM

Competition laws in India evolved in last 6-7 years: Jaitley

Finance Minister Arun Jaitley has said competition promotes innovation, ensures quality of product and services and makes prices competitive. Delivering the fourth annual day lecture of Competition Commission of India in New Delhi today, he said competition is at the heart of market economy as monop...

May 20, 2016 5:46 PM

G-7 summit 2016: Finance ministers discuss Chinese economy, oil prices

G7 Finance Ministers and central bank governors have held discussions on the world economy, ahead of next week's G7 summit to be held in Ise-Shima, central Japan. The first day of the 2-day meeting ended in the northern Japanese city of Sendai today. The participants are said to have exchan...

May 20, 2016 7:38 AM

Jaitley pitches for expanding capital base for World Bank

Finance Minister Arun Jaitley has called for expanding capital base of the World Bank so that it can better cater to the development needs of emerging countries like India. In a tweet, Finance ministry said that Mr. Jaitley also stressed the need for the multilateral funding institution to have more...

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