The transport union had been demanding a cut in insurance premium after the premium was hiked in the range of four to 30 percent for 2018-19
Watch Manisha Gupta decode the happenings in the commodities markets.
Since the inception of National Pharmaceutical Pricing Authority (NPPA) till May this year, 1,794 demand notices were issued to drug companies for overcharging patients, Union Minister Mansukh L Mandaviya said in a written reply to the House.
In its report titled 'The Worst Is Almost Over For India's Banks', S&P said the ratings on the banks are "more likely to be raised than lowered" in the next 2 years. But, weak risk management and internal-control practices limit the potential for considerable upside, it said.
The trade dispute would stop short of full implementation of the most severe potential measures announced so far, including tariffs on all US automotive imports or a breakdown of The North American Free Trade Agreement (NAFTA), Moody's said in a report titled 'Trade - Cross-Sector: Global Trade Monitor-July'.
The CPSE ETF comprises 10 state-owned bluechips and shares in these companies can be sold only till the government stake in them reaches 55 per cent.
"There has been growth momentum in volume and value terms in digital payments after demonetisation... Whether you see RBI or MEITY data, its much better than it was prior to 2016," he said at an event organised by industry body Ficci.
Union Minister of State for Heavy Industries Babul Supriyo said in Lok Sabha that Rs 86.5 crore has already been released by the central government to these eight centres of excellence.
India mainly imports the high-tensile steel from Japan and South Korea. However, demand for the auto-grade metal is rising in India as companies such as Hyundai Motor Co ramp up their production to make the country a manufacturing and export hub for small cars.
In a memorandum to the Council for consideration, at its forthcoming meeting on August 4, CII has also demanded that the TRAN-1 facility be reopened for businesses to claim transitional credit, as many businesses could not avail of it earlier.
The statement comes amid National Green Tribunal(NGT) refusing to grant any interim relief to Vedanta, which has challenged Tamil Nadu government's order to permanently shut down the unit.
According to the global financial services major, India's economic recovery has peaked and growth rates are likely to get constrained in the second half of this year.
Among all the sectors that are bracing for the inevitable change brought on by artificial intelligence (AI), perhaps the automotive and transportation sector will be impacted the most.
As per the first batch of Supplementary Demands for Grants, 2018-19 tabled in the Lok Sabha, the net cash outgo totals Rs 5,951,22 crore and gross additional expenditure aggregates to Rs 5,745.68 crore.
Jha said that he desired that PSUs to bid for contracts and expected that they would match international parameters. The Coal India has set a target of producing 630 million tonnes in 2018-19 and one billion tonne in the next three to four years.
"In month one and two of the quarter, such taxpayer shall report NIL transaction by sending an SMS. Facility for filing quarterly return shall also be available by an SMS," the Central Board of Indirect Taxes and Customs (CBIC) said while unveiling the draft returns forms.
IEDCL has selected Black & Veatch, a Kansas-based engineering firm, to carry out the technical assistance for the project that will advance pre-implementation and pre-construction activities for the plant, which is expected to lead to a 1,040 MW installation, a media release said.
"Time has come, we have to look into this aspect (of developing quality manpower) very seriously. This is not only a governmental effort, it is not possible," Pradhan said.
The shares of current, savings and term deposits stood at 9.7 per cent, 32.1 per cent and 58.2 per cent, respectively, in March 2018, revealed the data released by the central bank.
The draft recommendations were prepared by several stakeholders, including private sector and government officials from different departments such as commerce, industry, IT and electronics.
This blog will keep track of breaking news and important developments through the day.
Micro, Small and Medium Enterprises (MSME) Minister Giriraj Singh said in a written reply in the Lok Sabha that women entrepreneurs from from Tamil Nadu, Uttar Pradesh, Assam, Maharashtra, Jammu and Kashmir, Bihar, Odisha and Gujarat have been beneficiaries of the PMEGP.
Responding to Rahul Gandhi, Modi said, "I am not afraid of being seen next to an industrialist, they play as crucial a role in nation development as a labourer, a farmer or an artisan."
The domestic firms raised over USD 2.66 billion by tapping external commercial borrowing (ECB), while USD 49.42 million by way of issuing rupee denominated bonds (RDBs), according to the RBI data.
Sustained weakness in Asian currencies, particularly the Chinese yuan, as investors awaited decisions of key central bankers also weighed on appetite for the local currency.