Investment proposals of about 6000 crore rupees approved under electronics manufacturing schemes

Government has approved investment proposals of about six thousand crore rupees in the past six months under electronics manufacturing schemes. An official of the Department of Electronics and Information Technology told PTI that proposals worth about 18 thousand crore rupees were received. Last yea...

Senior BJP leader Raghubar Das will take over as Chief Minister of Jharkhand today. Governor Sayyed Ahmed will administer him the oath of office and secrecy at the Morhabadi ground in Ranchi at 11 AM. The 59-year-old BJP leader, will be the first non-tribal Chief Minister of the state. BJP MLAs CP S...

Raghubar Das to take over as CM of J'khand today; Hectic parleys continue in J&K over govt formation

India emerges as 2nd largest foreign trading partner of Dubai

Centre working on removing unnecessary rules to improve ease of doing business

Commerce and Industry Minister Nirmala Sitharaman has said that the government is in the process of weeding out unnecessary and unwanted rules and regulations as part of its efforts to improve ease of doing business in the country. Talking to reporters in Coimbatore yesterday, she said the rules and...

Dubai now becomes world's number one destination for hotels

Dubai continues to be the most popular destination for tourists across the world and has now become the world's number one destination for hotels.The city already holds the distinction of being the world's top destination for retail. Dubai Corporation for Tourism and Commerce Marke...

Pre-Budget talks: State urges Centre to raise spending on infrastructure projects

The state governments today urged Finance Minister Arun Jaitley to increase the limits of Fiscal Responsibility and Budget Management to infuse more liquidity into the market for infrastructure projects. The demand was made by the state finance ministers during a pre- Budget meeting with Finance Min...

India's Forex reserves stand at nearly USD 320 billion

India's foreign exchange reserves surged to USD 320 billion in the week to December 19. It surged by a whopping three billion US Dollar on the back of a massive jump in foreign currency assets.According to RBI data, released today, the country's gold reserves remained unchanged at ...

SpiceJet submits revival plan to Government

Troubled budget carrier SpiceJet today submitted a revival plan to the government on the basis of a proposed investment of USD 200 million from founding promoter Ajay Singh and US-based JP Morgan Chase. Airline's Chief Operating Officer Sanjiv Kapoor told reporters after he submitted the pl...

RBI extends deadline for withdrawal of pre-2005 currency notes

The deadline for exchanging pre-2005 currency notes of various denominations, including 500 and 1,000 rupees, has been extended by another six months till June 30, next year. In a statement, the RBI said that all such notes will continue to remain legal tender, adding that they can be exchanged for ...