Spectrum auction: Bids worth Rs 1,09,000 cr received on 14th day

The government has garnered bids worth of over one lakh nine thousand crore rupees from telecoms operators at the end of 14th day of auction process of spectrum bands. Till now, 86 rounds of bidding have taken place. An official release said, there is aggressive bidding going on in all bands of 2100...

Exports increases marginally during last ten months, says govt

Cabinet clears black money bill; Approves Rs 33,000 cr CST compensation to states

Union Cabinet has cleared the black money bill, which proposes to provide powers to tax authorities to deal with illegal wealth stashed abroad. A decision in this regard was taken at the cabinet meeting in New Delhi yesterday. Government sources said, the bill will be introduced in the current sessi...

US rate hike may pose risk to market stability in emerging economies like India: IMF chief

International Monetary Fund's Managing Director Christine Lagarde has said that a possible interest rate hike by the US Federal Reserve could pose risks to market stability in emerging economies, including India, even if it is well managed by central banks. In her address at Reserve Bank he...

France, Germany, Italy sign up for China-led AIIB bank

France, Germany and Italy have followed the UK in joining the China-sponsored Asian Infrastructure Investment Bank. With joining of these countries, the total number of the bank's member states including India has gone up to 30. State-run Xinhua news agency quoted top officials of France, G...

Spectrum auction: Bids worth Rs 107,000 crore received on 12th day

The government has garnered bids worth of Rs 1,07000 crore from telecoms operators at the end of 12th day of auction process of spectrum bands. Till now, 74 rounds of bidding have taken place. An official release said, there is aggressive bidding going on in all bands of 2100 Mega Hertz, 1800 MHz, 9...

Foodgrains Production for 2014-15 estimated at 257.07 million tonnes <br/><br/>

The production of foodgrains in the country is estimated at 257.07 million tonnes in second advance estimates for 2014-15 which exceeds the projected requirement of 249 million tonnes for the year. Informing this in the Lok Sabha, minister of state for Agriculture Mohanbhai Kalaynjibhai Kundriya sai...

No move to denationalise coal sector: Piyush Goyal

Size of Indian economy to double by 2019: IMF Chief

International Monetary Fund chief Christine Lagarde has said that India is a bright spot in the global economy and by 2019 India will be more than double in size than in 2009. Speaking to the students at Lady Shri Ram College in New Delhi , Ms Lagarde said, the recent policy reforms have given a boo...

Arun Jaitley calls for early implementation of 2010 IMF quota governance reforms