February 05, 2019 01:59 PM IST
Chief Minister Ashok Gehlot had recently announced the grant and the order will be effective from February 1, it said.
February 05, 2019 01:58 PM IST
Speaking at the Asia LPG Summit, he said active LPG consumers have grown at a compounded annual growth rate (CAGR) of 15 per cent - from 14.8 crore in 2014-15 to 22.4 crore in 2017-18.
February 05, 2019 12:57 PM IST
The RBI is scheduled to announce its sixth bi-monthly policy review for the fiscal on February 7. It would be the first Monetary Policy Committee meeting under RBI Governor Shaktikanta Das, who took charge in December 2018 following sudden exit of Urjit Patel.
February 05, 2019 12:35 PM IST
The third batch of Supplementary Demands for Grants, tabled by Finance Minister Piyush Goyal in the Lok Sabha, said the net cash outgo aggregates to Rs 51,433.28 crore.
February 05, 2019 12:18 PM IST
The headline inflation is lingering below central bank’s projections, crude oil prices are stable, domestic growth momentum is slowing and global rate cycle is peaking out which gives enough room to the MPC to change its stance and possibly go for a rate cut.
February 05, 2019 11:56 AM IST
In the interim budget for 2019-20, the government proposed to increase spending to provide income support for small farmers and introduce a middle-class tax cut in the run up to the general election between April and May.
February 05, 2019 11:06 AM IST
The budget achieved a balance, is market friendly, consumer friendly and business friendly.
February 05, 2019 10:54 AM IST
The Mumbai bench of NCLAT has further suggested that the companies be split into three categories -- green, amber and red -- according to their solvency and cash flow.
February 05, 2019 10:37 AM IST
The Nikkei/IHS Markit Services Purchasing Managers' Index declined to a three-month low of 52.2 in January from 53.2 in December, but remained above the 50 mark separating growth from contraction for an eighth month.
February 05, 2019 10:26 AM IST
A softer stance would bode well for Prime Minister Narendra Modi's government, which wants to boost lending and lift growth as it faces elections by May.
February 04, 2019 08:59 PM IST
In a letter to Telecom Minister Manoj Sinha Monday, the Cellular Operators Association of India (COAI) said value-added tax or goods and services tax (GST) is not applicable to government services internationally, as they are considered 'out of scope' or regarded as non-economic activities or sovereign functions that are outside the ambit of tax.
February 04, 2019 08:30 PM IST
The robust mechanism of the WTO ensures that the rules of global trade agreed at the forum are not breached by members, he said.
February 04, 2019 08:14 PM IST
The central bank has maintained status quo on interest rate in its last three bi-monthly monetary polices after hiking the repo rate twice this fiscal by 25 basis points each.
February 04, 2019 07:09 PM IST
Sakshi Batra gets in conversation with Moneycontrol's Priyanka Sahay to find out how the new rules have affected the e-commerce platforms.
February 04, 2019 06:32 PM IST
In his Budget speech, Mitra said the country is still suffering from the "hasty and improper" implementation of the GST, and the "shock" of demonetisation.
February 04, 2019 06:04 PM IST
The policy would be applicable to projects, programmes and installations relating to solar photovoltaic energy and thermal energy and to both utility and consumer categories.
February 04, 2019 04:53 PM IST
Under the scheme, the government will select power generators, having coal-based projects without power purchase agreement, through a reverse-auction based competitive bidding process.
February 04, 2019 04:53 PM IST
Farmers in key cane-growing states are protesting the delay in cane payments from the mills, and that may force the government to provide more incentives to the ailing industry ahead of general elections due by May.
February 04, 2019 04:41 PM IST
The achievement comes against the backdrop of a very challenging global environment, Union Commerce Secretary Anup Wadhawan said.
February 04, 2019 04:32 PM IST
IRDAI Chairman Subhash Chandra Khuntia had clarified that insurers have to make adequate provisions for IL&FS-related exposures. He added that the exposure cannot be written off
February 04, 2019 04:18 PM IST
Former chairman of the Finance Commission Vijay Kelkar recently suggested that the Aayog should be given financial powers to help address regional imbalances.
February 04, 2019 04:18 PM IST
At 0.75% of GDP, this may not do much, but it’s still better than a loan waiver
February 04, 2019 04:01 PM IST
Centre, on January 25, released 235 routes that were awarded under third phase of the scheme. Certain routes, however, were yet to be finalised in consultation with state governments and were withheld by the government
February 04, 2019 03:33 PM IST
The Cabinet has already approved strategic sale of about 2 dozen central public sector enterprises (CPSEs), including Air India, Dredging Corporation of India, and Bharat Earth Movers Ltd, for strategic sale.
February 04, 2019 02:23 PM IST
The merger of National Insurance Company, United India Insurance Company and Oriental India Insurance Company was first announced in the Budget 2018-19 and the government intended to complete the process in current fiscal itself.
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