Railway Ministry chalked out a five-year plan: Suresh Prabhu

Railway Minister Suresh Prabhu has asked foreign funds and domestic investors to replicate with the railways their success in the telecom, power and road sectors. Mr. Prabhu said the Railway Ministry has chalked out a five-year plan under which it is looking at an investment of 1 trillion rupees thi...

Leather and footwear industry is one of the foremost growing sectors in the Indian economy: FM<br/>

Finance Minister Arun Jaitley has said the leather and footwear industry is one of the foremost growing sectors in the Indian economy and it has the capacity to create ample employment opportunities. Inaugurating the International Leather and Footwear Fair in New Delhi Friday, Mr Jaitley stressed up...

Govt. is not contemplating any general waiver scheme to bring back black money stashed abroad: Jayant Sinha

Minister of State for Finance Jayant Sinha informed the Lok Sabha Friday that the government is not contemplating any general waiver scheme to bring back black money stashed abroad. Giving this information in a written reply, he said, the newly enacted legislations on Black Money and Imposition of T...

Four rounds of bidding took place in the e-auction of first batch of private FM Radio phase III Channels

Four rounds of bidding took place Friday in the e-auction of the first batch of private FM Radio phase III Channels. At the close of the tenth day of bidding, 86 Channels in 56 cities became provisionally winning Channels with cumulative provisional winning price 946 Crore rupees against their aggre...

TRAI asks telecom companies to keep subscribers informed of all-important stages of data usage

In a big relief to lakhs of Internet users on Mobile phones, Telecom Regulatory Authority of India (TRAI) has asked telecom companies to keep subscribers informed of all-important stages of data usage. The directive issued in New Delhi Friday mandates telecom operators to provide toll free number &a...

Will look into SIT suggestions on P-notes: SEBI

Securities and Exchange Board of India, SEBI, has said that it will look into the suggestions of the Special Investigation Team, SIT, on black money, to ensure sufficient checks are in place with respect to overseas investments via Participatory Notes or P-Notes route. Talking to media persons in Mu...

RBI allows banks to shift, merge or close branches in urban areas

Reserve Bank of India has allowed banks to shift, merge or close branches, except in rural areas, at their own discretion. In a notification issued from Mumbai yesterday, RBI said the move will allow banks greater operational freedom. The central bank said that customers of the branch should be info...

EPFO announces investment of Rs 5,000 cr in stocks via ETFs

ILO, FICCI sign pact to boost MSME productivity

The International Labour Organisation and FICCI today took their partnership to the next level by signing an MoU to impart training to MSMEs to make them competitive and boost productivity. This is the second phase of the signing of Sustaining Competitive and Responsible Enterprises (SCORE) Global P...

RBI Governor says not worried about Fed rate hike impact on Indian economy