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  • Govt approves Rs 155 crore for mineral exploration, boosting capabilities

    The financial help to the exploration agencies will provide auctionable mineral blocks to the nation and will aid in realising self reliance in the mining sector.

  • President Murmu approves appointment of new directors at 8 IITs: Education ministry

    Seshadri Sekhar and Shreepad Karmalkar, both professors at IIT Madras, have been appointed as directors of IIT Palakkad and IIT Bhubaneshwar respectively.

  • Govt okays Rs 4,500 cr project to revive 50 airports,airstrips

    The Cabinet today approved a proposal to revive 50 unserved and under-served airports as well as airstrips at an estimated cost of Rs 4,500 crore.

  • Bharat Forge-GE Pacific transaction, 4 other deals get CCI nod

    The Competition Commission today said it has approved the GE Pacific buying 49 percent stake in Alstom Bharat Forge Power and four other deals.

  • Guj govt approves massive pay hike for its fixed-pay employees

    In a major benefit to over 1.18 lakh fixed-pay employees in Gujarat, the state government today approved a pay hike ranging between 63 and 124 per cent, which will reflect in their salaries from February 1.

  • Govt okays MoU with UAE for cooperation in agriculture

    The government today approved the signing of an agreement between India and the United Arab Emirates in the area of agriculture and allied sectors.

  • First listing may happen in next 6-8 months

    The Cabinet has approved the listing of the four public sector general insurance companies as well as the sole state-owned reinsurance company, General Insurance Corporation of India (GIC Re). The companies will begin the process of listing in the next few weeks and the final listing is expected to happen within the next six to eight months.

  • Cabinet approves India's move to take full membership of IVI

    The Union Cabinet today approved India taking full membership of the International Vaccine Institute Governing Council, a body mandated to develop and introduce new and improved vaccines to protect people, especially children, against deadly infectious diseases.

  • Cabinet clears proposal for listing 5 PSU general insurers

    The government today approved proposals for listing of five PSU general insurance companies as was announced in the Budget 2016-17.

  • FinMin objected MCX-SX, but Sebi gave green signal: CBI

    The CBI in its preliminary enquiry (PE) says that the ministry of finance had communicated in a letter dated October 17 2007 about a search-and-seizure operation. This letter had gone in before MCX-SX was recognized as an exchange.

  • JSW Ispat merger approved by JSW Steel shareholders

    JSW Steel today said its shareholders have approved merger of JSW Ispat Steel with itself, paving the way for the company to become second largest steel producer in the country.

  • Thai cabinet gives nod to $11 bln fund for flood plan

    Thailand's cabinet approved on Tuesday a 350 billion baht budget for infrastructure and water management aimed at restoring investor confidence and averting a repeat of a recent devastating flood crisis.

  • United Spirits to raise USD 225m forex bonds

    Liquor maker United Spirits said late on Wednesday its board approved raising up to USD 225 million via foreign currency convertible bonds (FCCBs) to cut high cost debt and help improve earnings.

  • National Fibre Policy yet to get Cabinet nod: Govt

    The government today said the proposed National Fibre Policy, which is aimed at removing disparity in taxation and pricing of various fibres in the country, is yet to be approved by the Cabinet.

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