May 05, 2021 04:31 PM IST
The centre and LIC together own more than 94 percent of equity of IDBI Bank, with the centre owning 45.48 percent and LIC owning 49.24 percent. LIC is currently the promoter of IDBI Bank with management control and GoI is the co-promoter.
- Mar 16, 2021 03:42 PM IST
The DFI is part of the government’s push to create jobs and boost demand through a nationwide infrastructure push. The plan also includes a capital expenditure target of Rs 5.54 lakh crore for 2021-22, compared with a revised estimate of Rs 4.39 lakh crore for 2020-21.
- Mar 16, 2021 03:22 PM IST
Sinha was serving as the Principal Advisor to Prime Minister Modi since September 2019. Before assuming the role, he had served as the Cabinet Secretary for four years.
- Feb 17, 2021 05:34 PM IST
It will be the first trade agreement to be signed by India with a country in Africa.
- Feb 03, 2021 10:36 PM IST
The state-run steelmaker has been reeling under losses over the past few years. It reported a loss of Rs Rs 1,369 crore in 2017-18 and Rs 3,910-crore loss in 2019-20.
- Jan 06, 2021 06:32 PM IST
Property prices expected to drop sharply in Mumbai as real estate sector applauds government move.
- Dec 30, 2020 05:18 PM IST
Cabinet has also approved the export of Akash Missile System.
- Dec 23, 2020 05:27 PM IST
The Centre will fund 60 percent, about at Rs 35,534 crore, of the scheme, and the remaining funds will come from states.
- Dec 18, 2020 05:01 PM IST
- Dec 16, 2020 03:48 PM IST
After four years, the government is set to auction telecom spectrum, at a time when receipts from such auctions are much needed when tax and other sources of revenue are hit due to COVID-19.
- Dec 10, 2020 08:11 AM IST
The Cabinet has approved an expenditure of Rs 1,584 crore for the current financial year and Rs 22,810 crore for the entire Scheme period - 2020-2023
- Dec 09, 2020 05:00 PM IST
The scheme as approved by cabinet seems to have a much lower outlay than what was announced by FM Nirmala Sitharaman in November.
- Nov 25, 2020 03:41 PM IST
According to the draft scheme of amalgamation, the entire paid-up share capital of LVB would be written off after the transaction
- Oct 29, 2020 03:59 PM IST
The price of sugar juice-based ethanol was being increased by Rs 3.25 per litre to Rs 62.65 per litre, that of ethanol ‘B Heavy’ was being raised to Rs 57.61 per litre, and ‘C Heavy’ ethanol will fetch Rs 45.69 per litre.
- Sep 02, 2020 05:14 PM IST
The government will also launch iGOT Karmayogi platform, which will be completely Indian and give access to content from across the world.
- Jul 15, 2020 11:35 AM IST
The government may completely exit non-strategic sectors and reduce its presence in strategic industries.
- Jun 01, 2020 05:22 PM IST
Union Minister Prakash Javadekar said the decisions taken in the Cabinet meeting today will bring about a "transformative change".
- Jun 01, 2020 04:39 PM IST
Among the key decisions, the Centre approved revision in the definition of MSMEs and cleared a credit scheme for street vendors.
- May 27, 2020 01:09 PM IST
While the Cabinet had in November last year approved the sale of government's entire 52.98 percent stake in BPCL, offers seeking expression of interest (EoI), or bids showing interest in buying its stake, were invited only on March 7.
- Mar 26, 2020 09:00 AM IST
A decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi.
- Mar 13, 2020 04:16 PM IST
ICICI Bank will acquire 100 core shares of Yes at Rs 10 per share.
- Feb 06, 2020 11:21 AM IST
The ministers were sworn-in at a simple ceremony at Raj Bhavan with the Governor Vajubhai Vala admistering oath of office and secrecy.
- Feb 04, 2020 03:32 PM IST
GAIL is India's biggest natural gas marketing and trading firm and owns more than 70 per cent of the country's 16,981-km pipeline network, giving it a stranglehold on the market.
- Feb 01, 2020 08:20 AM IST
Deputy Chief Minister and JJP leader Dushyant Chautala, whose party had made the key poll promise, issued a statement saying it was also decided in the meeting that the matter will be referred to the Legal Remembrancer for an opinion and will also be discussed with the state's industrialists.
- Jan 30, 2020 02:48 PM IST
"After meeting them in Delhi, I will come back (to Bengaluru) tomorrow morning. I'm going there to discuss about the cabinet expansion," Yediyurappa told reporters here before leaving for the capital.