Committee Of Secretaries

The Dubai-based consortium that won the bid has cried sabotage and has accused government officials of conspiring against him

Scrappage policy for trucks gets in-principle approval: Sources

The scrappage policy for old trucks and buses has received in-principle approval from a Committee of Secretaries which met today, sources close to the development told CNBC-TV18. The government is likely to states to participate in the policy.

Govt mulling scheme for owners offering to scrap old CVs: Srcs

Sources tell CNBC-TV18 that the government is proposing a scheme where owners of commercial vehicles of over 15 years old should be given a chance to scrap their vehicles.

Govt pay hike may be implemented soon; CoS submits report

The government is likely to soon announce the implementation of 7th Pay Commission that would hike the salaries and allowances for over 1 crore government employees and pensioners by at least 23.5 per cent.

Com Min to soon seek Cabinet nod on national offset policy

The draft policy proposes that foreign firms selling goods worth over Rs 300 crore to the government or PSUs will have to source part of their supplies from domestic manufacturers. "The draft policy was discussed comprehensively in the Committee of Secretaries meeting.

Secretaries panel to review gas price formula

The Cabinet Committee on Economic Affairs had on June 25 deferred by three months the implementation of the Rangarajan formula that would have doubled gas price to USD 8.4 per million British thermal unit.

CIL can up production by 10-15% post FSA notice: Tata Power

With majority of the power generation in India coming from coal, Anil Sardana, the managing director of Tata Power tells CNBC-TV18 that the PMO's directives are a step in the right direction.

PM meets power CEOs; Assures reform before lights go out

A power-packed series of meetings between power company CEO's and the government today ended on a positive note with prime minister Manmohan Singh promising decisive action to avert a power crisis in the sector.

Aviation min okays cabinet note on 49% FDI to save airlines

The government has finally made a move to aid struggling carriers. The aviation minister will move a cabinet note on 49% FDI by foreign carriers, reports CNBC-TV18's Aakansha Sethi.

'New urea investment policy to be rolled out over 4-5 yrs'

The Committee of Secretaries has been working on a new draft for urea investment policy. Saumitra Chaudhuri, member of the Planning Commission indicated that they have been discussing many alternatives for the new urea investment policy currently and it will be rolled out over next four-five years.

FDI in retail: Lack of political will sees govt hit pause

According to sources, foreign retailers will not be allowed to open front-end stores till mid 2012, reports CNBC-TV18's Elan Dutta.

Cabinet note on FDI in retail within 7 days

The long pending issue of opening up of multi-brand retail for foreign investment is finally gathering momentum.

Moving a step closer to FDI in multi-brand retail: CoS

The Committee of Secretaries (CoS) recently pushed up the upper limit to 51% in the retail segment. According to the permit, foreign retailers will have to dedicate at least 50% of their proposed investment to back-end supply chain infrastructure.

CoS submit suggestions for FDI in retail to industry

The long pending issue of opening of multi-brand retail to foreign investment moved one more step, with the top secretaries forwarding 10 recommendations to the Commerce and Industry Ministry today.

Allow FDI across retail biz: Dept of Agriculture to CoS

The Department of Agriculture has called for widening the scope of the proposal anchored by the Department of Industrial Policy and Promotion (DIPP). Rituparno Bhuyan reports.

CoS to meet FM on urea deregulation; stocks react

The Committee of Secretaries (CoS) will meet Finance Minister (FM) on urea deregulation on August 5.

Final FDI policy to decide entry into multi-brand: Walmart

US retail giant Wal-Mart Stores Inc today said its entry into India's multi-brand retail would depend on the FDI policy and the conditions required for getting into the segment.

Cabinet's process on FDI in retail may start in 10 days

The Cabinet note allowing FDI in multi-brand retail is likely to start its process in the next ten days, reports CNBC-TV18’s Rituparno Bhuyan. The committee of secretaries (COS) had given their approval on the same on July 22.

Retail stocks surge after secretaries panel clears 51% FDI

Most retail shares surged Monday as investors cheered a recommendation by the government’s Committee of Secretaries to allow up to 51% FDI in multi-brand organised retail.

Planning Com backs 51% FDI in multi-brand retail: Sources

The Committee of Secretaries may have postponed its meeting on multi-brand retail FDI today, however, sources have told CNBC-TV18 that a discussion between different government departments have yielded positive results.

Committee of Secretaries approves 5th PCPIR project

The Committee of Secretaries has approved the fifth Petroleum, Chemicals and Petrochemical Investment Region (PCPIR), one of the most ambitious and gigantic projects of the ministry of chemicals and fertilisers, in Cuddalore, Tamil Nadu, reports CNBC-TV18.

FAI confident of GoM's approval on proposed urea policy

Satish Chander director general of Fertiliser Association of India (FAI) says that the industry is confident of a positive outcome from the Group of Ministers (GoM) level on the urea policy. “We are absolutely positive on the outcome and the work which has been done by the CoS, GoM. I am sure the government is going to approve it,” he feels.

Urea policy: Committee of Secretaries to meet today

The fertiliser space has been active; the committee of secretaries will be meeting today to consider a model for urea policy, reports CNBC-TV18's Ekta Batra.

Expect margin to rebound due to revised pricing: Tata Chem

R Mukundan, MD of Tata Chemicals, in an interview on CNBC-TV18 said that the company’s operating performance was impacted due to the sever winter faced in the UK and that the situation on the ground in terms of demand or a pullback in demand was not critical at this point in time.

Expect urea to be decanalised: Satish Chander

Satish Chander, Director General, Fertilizer Association of India said there has been no investment in Urea in the past 12 years. He expects urea to be decanalised.