The draft policy has also revealed that even if efforts were stepped up to enhance domestic energy supply, coupled with heroic effort to reduce energy demand.
The draft said India's multiple diplomatic engagements with nuclear fuel supplier nations are also expected to yield many positive results.
The government currently holds 80 per cent stake in RCF and will offload 5 per cent through the Offer for Sale (OFS) route.
Countdown has well and truly begun, India's 16 year wait for the mother of all tax reforms will end, the Goods and Services Tax (GST) will start on midnight of June 30 when the clock strikes 12. The question however remains, is India ready for the one nation one tax era? CNBC-TV18 does a status check on how the industry, several sectors are gearing up for GST.
Finance Ministry has started notifying various provisions of law relating to interest calculation, input tax credit and valuation.
The five APAs signed during the month pertain to sectors like healthcare, information technology and gaming/animation (media).
The board of directors of the bank today approved and allotted 35,000 unsecured subordinated perpetual additional tier-I Basel III compliant non-convertible debentures private placement basis.
The government today said it is facilitating Rs 5,540 crore expansion plan to make the PSU a leading aluminium producer.
With the central and state utilities expected to invite bids for coal mining soon, domestic mine developer and operators will have a big growth opportunities, said India Ratings.
Dominated by narrow-body planes, the order book would be the third largest for any country after the US and China.
This report has already been presented to the Insurance Regulatory and Development Authority of India (IRDAI) for review.
The total length of the NH 2 to be developed is 145 km and it is part of the Golden Quadrilateral between Delhi and Kolkata.
US-based Kitchen and bath fittings major Kohler has said India's reform process will help make it more transparent and drive productivity over the long run.
The decision has been taken to facilitate the beneficiaries living in rural areas of the state.
It has proposed to ease some rules, including expanding the eligible jurisdictions for registration by including countries with diplomatic tie-ups with India.
The state of Telangana is all set for the July 1 GST rollout. The Commissioner for Commercial Taxes for Hyderabad, Sandeep Bhatnagar told CNBC-TV18 that the state has conducted over 600 outreach programs to educate small businesses traders about GST regime.
GSTN is the IT part of GST and it will conduct all procedural work regarding registration of taxpayers, tax returns and payments.
According to the Japanese financial services major, consumption has recovered from the demonetisation "shock" and while external demand has moderated slightly, it remains supportive of growth.
Assuming that the banks have already made provisions of 40 percent so far, they are likely to be burdened with additional provision of close to Rs 25,000 crore in the coming quarter.
With only two days to go for the GST roll-out, restaurants and cafes find themselves in a bit of spot. While three separate GST slabs have been announced for restaurants across service categories, the uniform 18 percent tax slab for all air-conditioned restaurants which form a large chunk of the F&B pie has left restaurateurs disappointed. CNBC-TV18's Jude Sannith finds out what impact GST will have on the F&B market.
The constitution amendment bill for rolling out GST was passed in August last year and commodities and services have been divided into four tax slab rates. The launch event is set to be held at Parliament House on June 30.
There is nothing wrong in the logic of NITI Aayog though the thought of splitting Coal India has been considered earlier, also. However, it seems that it is a little too late in the day for such a move.
We don't see an impact of farm loan waiver on our fiscal deficit - that's the word coming in from finance minister of Maharashtra, Sudhir Mungantiwar. Speaking to CNBC-TV18 earlier today, Mungantiwar sounded optimistic that they will strengthen the economy to absorb any impact of waiver.
Though the effect of GST-induced disruptions can't be ignored in the near-term, the Indian textile industry is poised to grow from the long-term benefits that the new legislation offers.