Paswan asks states to ease ethanol restrictions for liquidation of sugarcane dues

The Minister of Consumer Affairs, Food and Public Distribution, Ram Vilas Paswan has urged states to liberalize restrictions on ethanol supply to facilitate liquidation of sugarcane dues. In a communication to Chief Ministers of major sugarcane growing states, Mr Paswan said blending of ethanol with...

Auction of 15 blocks fetched Rs 83,000 crore: Coal Secretary

Government today said it is committed to increasing coal production in the country. Speaking to reporters in New Delhi, Coal secretary Anil Swarup said that the auction of 15 coal blocks has fetched over Rs 83,000 crore. Mr Swarup said that out of the 83 blocks being auctioned, 56 will be for the po...

Govt launches single window e-biz portal to foster business environment

The government has launched a single window e-Biz portal for 11 Central government services to bring transparency and ease of doing business in the country. Launching the portal in New Delhi yesterday, Finance Minister Arun Jaitley said, the project will help in fostering the business environment in...

Govt to remove minimum export price on potato<br/>

The Government has decided to remove the minimum export price of 450 dollars per tonne on the export of potato in view of the prevailing lower prices and higher domestic availability of potato. The removal of existing MEP on potato will help farmers in realising better and remunerative prices. It wi...

Jaitley launches single window e-biz portal

The government has launched a single window e-Biz portal for 11 Central government services to bring transparency and ease of doing business in the country. Launching the portal in New Delhi today, Finance Minister Arun Jaitley said, the project will help in fostering the business environment in the...

Oil falls sharply after U.S. crude inventories rise

Oil fell after another big weekly build-up in the United States, crude inventories and a possible rise in Saudi output stoked worries about oversupply. According to analysts, production by Saudi Arabia, the world&apos;s biggest exporter, may be increasing to nearly 10 million barrels per day. U....

Food grain output to go down by 3% this year due to deficient Monsoon

EPFO launches online help desk to trace inoperative accounts

With a balance of Rs 27,000 crore lying in inoperative PF accounts, retirement fund body EPFO has set up an online help desk for subscribers to trace such accounts and seek final settlement. There are about 8.15 crore inoperative provident fund accounts. Inaugurating the online help desk, Minister o...

NPCI to unveil virtual form of RuPay debit card soon

National Payments Corporation of India - NPCI is all set to launch the virtual form of RuPay debit card. Speaking to reporters in Mumbai, NPCI Managing Director and Chief Executive AP Hota said, the pilot of a virtual RuPay card will be in place in the next 4-5 months. Mr. Hota said, the initiative ...

RBI lifts ban on import of gold coins, medallions by banks

RBI has lifted the ban on imports of gold coins and medallions by banks and trading houses. In a notification issued in Mumbai yesterday, RBI said that banks have also been permitted to import gold on consignment basis. The apex bank, however, added that domestic sales will be permitted against upfr...