Govt unveils new Foreign Trade Policy to boost exports and create jobs<br/>

Get highest return on investments in India: PM to global investors

Prime Minister Narendra Modi today called upon investors around the globe to invest in India to get highest return on their investments. He said, the industrial scenario in the country has taken a sea change in the last 10 months and global investors who were not interested to put their investments ...

NDA govt to unveil its first Foreign Trade Policy

The NDA government will unveil its first Foreign Trade Policy, FTP today to enhance the country&apos;s exports and use trade expansion as an effective instrument of economic growth and employment generation. The policy will also focus on to promoting service exports and giving fillip to the manu...

Govt to notify pattern of EPFO investment in equity soon

The Labour Ministry is proposing to start with investment of one per cent of its corpus into equity markets to facilitate flow of Employees&apos; Provident Fund Organisation (EPFO). Sources in the Ministry said, the investment pattern for the retirement fund body in this regard is likely to be n...

Core sector growth slows down to 1.4% in February<br/>

Growth in eight core industries slowed to 1.4 per cent in February this year, due to output decline in five sectors, including crude oil and natural gas. Besides these two, the other three sectors which posted negative growth are refinery products, fertiliser and steel.The output of eight core secto...

RBI imposes Rs 5 lakh fine on 16 banks for violation of norms

RBI has penalised 16 central co-operative banks with a fine of 5 lakh rupees each for non-adherence of the Know Your Customer and Anti-Money Laundering guidelines. These include Dumka Central Co-op. Bank Ltd (Jharkhand), Cuttack Central Co-op. Bank Ltd (Odisha) and Ajmer Central Co-op. Bank Ltd (Raj...

Government lowers natural gas price by 8% to USD 4.66 per unit

The government has fixed natural gas price at 4.66 per million British Thermal Unit (mm Btu) on gross calorific value basis for first six month of next fiscal beginning tomorrow. The new price is lower by about 8 per cent form the price of 5.05 dollar per mmBtu. The move will lower electricity and f...

Core sector growth slows to 1.4% in Feb

Growth in eight core industries slowed to 1.4 per cent in February due to output decline in five sectors including crude oil and natural gas. Besides these two, the other three sectors which posted negative growth are refinery products, fertiliser and steel.The output of eight core sector industries...

RINL launches green project to generate 120 MW power

Rashtriya Ispat Nigam Limited , the corporate entity of Vizag Steel Plant crossed another milestone today by launching a novel project to generate a completely pollution free 120 MW Power with 100 per cent Blast Furnace Gas and Coke Oven Gas, the first of its kind in Indian Steel Industry.P Madhusud...

CAG report on KG basin gas exploration: SC asks RIL to reply in 4 weeks over

The Supreme Court today gave four more weeks to Mukesh Ambani&apos;s Reliance Industries Ltd (RIL) and others to respond to the final CAG report which found alleged irregularities, including in payments to contractors on drilling of D6 wells at the Krishna-Godavari basin. The apex court posted t...