The government also informed the Lok Sabha that it had decided to conduct field trials of plastic currency notes of Rs 10 in five cites.
"The amount collected from the sale of electoral bonds under the first issue of the scheme is Rs 222 crore as on March 9, 2018," Minister of State for Finance P Radhakrishnan said in a written reply in Lok Sabha.
A few auto makers such as Suzuki and Suzuki Motor have been encouraging their suppliers to expand their capacity
The world's largest staffer has received 13,000 applications from India alone, wherein a candidate gets to the CEO for one month.
Attorney General KK Venugopal opposed a suggestion mooted by the top court that the government should submit a stays report on investigation in a sealed cover envelope.
Public sector banks (PSBs) are planning to tighten the corporate lending norms for loans above Rs 250 crore and transfer such loans under the consortium of banks for monitoring, discouraging multiple banking arrangements.
"Specific Southeast Asian states are now seeking to diversify their strategic partnerships, beyond a binary choice between Beijing and Washington," the Council on Foreign Relations, a U.S. think tank, said in a note this week.
A notification announcing sale contours of Air India is likely to be issued by early next week, CNBC TV18 has reported citing sources.
The minister underlined key role of the private sector to create new business models and strategies and leverage new technologies in order to fuel growth in the Indian economy.
The state's Finance Minister E Rajender presented the last full budget of the government for 2018-19 today with a total outlay of Rs 1,74,453. 84 crore. Agriculture and irrigation got the lion’s share of allocations.
International Monetary Fund said that globally growth is expected to revert to a weaker trend.
The debt (excluding liabilities under the Public Account) of the government was Rs 65.80 lakh crore at the end of September last year.
Watch the interview of Jaimini Bhagwati of ICRIER, Jayant Dasgupta, former Ambassador to WTO, Shailesh Kumar of Eurasia Group and Meera Shankar, former Ambassador to the US with Shereen Bhan at GST Summit 2.o, where they shared their thoughts as well as their opinion on the road ahead in implementation of goods and service tax (GST).
India is a happening place for energy, said Pradhan.
The domestic currency had opened on a weak note at 64.92 fell to a low of 94.98 per dollar in early session as trade war worries gripped investors.
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
Unlike 2016, the year 2017 saw many large companies such as Shopclues, BigBasket, and Swiggy going the venture debt way.
On Wednesday, Governor Urjit Patel did just that. In one of his most plain speaking speeches he said, "RBI's regulatory powers over public sector banks are weaker than those over private sector banks." Latha Venkatesh caught up with N Vaghul Founder of ICICI Bank to find what the government should do about the issue.
The construction and real estate sector plays a vital role as it is the second largest job provider after agriculture, he said.
The Mega Food Parks would be established in Theni, Virudhunagar, Tuticorin, Erode, Cuddalore, Salem, Dindigul, Tirunelveli, Tiruvannamalai and Krishnagiri districts.
While assigning the ratings, CRISIL evaluated the performance of the education loan segment in the country and portfolio performance of the originator among other factors.
According to assurance, tax and advisory firm Grant Thornton, there were 40 M&A transactions worth USD 1,893 million in February, while in the corresponding period a year ago there were 32 such deals worth USD 1,354 million.
This service is free of cost for all travel insurance customers of the company where there is no queue time and the customer doesn’t need to fear a call drop.
"The government will amend bidding norms for pass through of duties on solar modules to de-risk the projects," power minister RK Singh said.
The South Delhi Municipal Corporation will work with an expert from IIT-Delhi to stabilise the Okhla landfill site that has reached a staggering height of 160 feet, a senior civic official said today.