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  • These are the winners of the government's debut National Startup Awards  Oct 06, 2020 07:17 PM IST

    These are the winners of the government's debut National Startup Awards 

    While the winning startups will get a cash prize of Rs 5 lakh, the incubators and accelerators will get Rs 15 lakh as the winning amount. Some of the categories awarded included finance, security, tourism and space.

  • Government notifies higher minimum local content requirement for Class-I and Class-II local suppliers Sep 18, 2020 06:20 PM IST

    Government notifies higher minimum local content requirement for Class-I and Class-II local suppliers

    As per the order, entities of countries which do not allow Indian companies to participate in their government procurement for any item, would not be allowed to participate in government procurement in India for all items related to that nodal ministry or department, except for the list of items published by the ministry or department permitting their participation

  • LTCG exemption, lower tax for domestic investors to boost startup ecosystem: Govt panel Sep 15, 2020 04:59 PM IST

    LTCG exemption, lower tax for domestic investors to boost startup ecosystem: Govt panel

    The government was also cautious about the large amount of foreign capital, including Chinese money, in Indian startups.

  • Shift to market economy from nationalised system causing RBI-govt tensions: Acharya Aug 02, 2020 06:08 PM IST

    Shift to market economy from nationalised system causing RBI-govt tensions: Acharya

    A shift to being a market-based economy from a nationalised system has led to simmering tensions between the Reserve Bank and the government and questions over the central bank's independence

  • COVID-19 antibody test passes first major trials in UK with 98.6% accuracy Jul 18, 2020 08:55 AM IST

    COVID-19 antibody test passes first major trials in UK with 98.6% accuracy

    The fingerprick tests, which can tell within 20 minutes if a person has ever been exposed to the coronavirus, were found to be 98.6% accurate in secret human trials held in June, the newspaper reported.

  • IIFCL gets capital infusion of Rs 5,298 crore from government Jun 10, 2020 02:54 PM IST

    IIFCL gets capital infusion of Rs 5,298 crore from government

    This infusion has increased the paid-up equity share capital of IIFCL to Rs 9,999.92 crore against the authorized share capital of Rs 10,000 crore.

  • We have been on the road to ‘Atmanirbhar Bharat’ for many years now Jun 08, 2020 10:21 AM IST

    We have been on the road to ‘Atmanirbhar Bharat’ for many years now

    Merchandise imports and exports as a proportion of GDP have been falling for years.

  • The reality of realty  Jun 05, 2020 09:30 AM IST

    The reality of realty 

    What is truth about the real number of projects being stalled and the belief that prices of realty will definitely fall in the post-Covid era ?

  • Government continued to spend despite falling revenues in April 2020 Jun 01, 2020 09:30 AM IST

    Government continued to spend despite falling revenues in April 2020

    The fiscal deficit in April is already 35.1 percent of the entire year’s budgeted deficit.

  • The government is poorly served by its senior law officer Jun 01, 2020 09:11 AM IST

    The government is poorly served by its senior law officer

    The willingness of the government to listen, learn and go forward will earn it appreciation.

  • RBI bonds scheme discontinued: Chidambaram says it's another 'cruel blow' to citizens May 28, 2020 11:50 AM IST

    RBI bonds scheme discontinued: Chidambaram says it's another 'cruel blow' to citizens

    Deploring the government action, he urged people to demand from the government that the RBI Bond be restored immediately.

  • BPCL privatisation bid deadline further extended until July 31 May 27, 2020 01:09 PM IST

    BPCL privatisation bid deadline further extended until July 31

    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.

  • Govt opens up Aarogya Setu program code for scrutiny, announces reward for finding security flaws May 27, 2020 07:28 AM IST

    Govt opens up Aarogya Setu program code for scrutiny, announces reward for finding security flaws

    NITI Aayog CEO Amitabh Kant asserted that no other government in the world has been open source at this scale.

  • Govt to further revise criteria for classifying 'medium' enterprises under MSME definition: Nitin Gadkari May 20, 2020 08:41 AM IST

    Govt to further revise criteria for classifying 'medium' enterprises under MSME definition: Nitin Gadkari

    Unveiling the contours of the Rs 20 lakh crore stimulus package, Finance Minister Nirmala Sitharaman had last last week announced a change in the definition of micro, small and medium enterprises (MSMEs).

  • MSMEs want global tenders to be compulsorily replaced May 14, 2020 08:22 PM IST

    MSMEs want global tenders to be compulsorily replaced

    The move is aimed at protecting MSMEs adversely affected due to the lockdown and to ensure assured demand for their products and services

  • Coronavirus pandemic | Govt working on several initiatives to attract investors May 10, 2020 04:52 PM IST

    Coronavirus pandemic | Govt working on several initiatives to attract investors

    Due to disruptions in the global supply chain on account of the COVID-19 crisis, many foreign companies are looking to reduce their dependency on China and set up manufacturing facilities in other countries.

  • Govt may extend interest equalisation scheme May 01, 2020 03:06 PM IST

    Govt may extend interest equalisation scheme

    Under the scheme, exporters get 3-5 per cent subsidy on loans for specified items. It was announced in April 2015 for five years. Addressing a Webinar organised by Ficci, Director General of Foreign Trade Amit Yadav said, “In the weeks ahead, you would be hearing a good news with regard to the extension of interest equalisation scheme.”

  • Real estate sector can be rescued without government relief Apr 28, 2020 12:34 PM IST

    Real estate sector can be rescued without government relief

    Developers, HFCs and the government need to come together and work cohesively for the revival of the real estate sector.

  • Coronavirus impact | Experts suggest RBI monetise part of government borrowings: Report Apr 17, 2020 04:50 PM IST

    Coronavirus impact | Experts suggest RBI monetise part of government borrowings: Report

    With revenues tumbling and expenditure ballooning, experts feel that printing more money to finance the debt would be the best way and would not add inflationary pressure in the current situation

  • Coronavirus relief | Govt waives rent worth Rs 5cr for IT units operating from STPI centres Apr 17, 2020 02:12 PM IST

    Coronavirus relief | Govt waives rent worth Rs 5cr for IT units operating from STPI centres

    This will benefit nearly 200 small & medium IT/ITeS units supporting 3000 direct jobs, Ravi Shankar Prasad, Union Minister for Electronics & Information Technology (MeitY) said

  • Coronavirus pandemic | FMCG companies adopt 1 lakh kiranas, will turn them into 'Suraksha Stores' Apr 16, 2020 02:39 PM IST

    Coronavirus pandemic | FMCG companies adopt 1 lakh kiranas, will turn them into 'Suraksha Stores'

    The government has allotted states to companies based on their 'network of distributor salesmen'.

  • Coronavirus pandemic | Retailers fortify online infra, as lockdown bolsters demand Apr 15, 2020 04:03 PM IST

    Coronavirus pandemic | Retailers fortify online infra, as lockdown bolsters demand

    The shift is important as Prime Minister Narendra Modi on April 14 announced that the country-wide lockdown will continue till May 3.

  • Coronavirus impact | MFIs request government, RBI for moratorium, liquidity support: Report Apr 14, 2020 04:49 PM IST

    Coronavirus impact | MFIs request government, RBI for moratorium, liquidity support: Report

    Till now banks and NBFCs are offering the moratorium only to individual customers

  • Lockdown extended till May 3: Here is how corporate India has reacted Apr 14, 2020 01:21 PM IST

    Lockdown extended till May 3: Here is how corporate India has reacted

    After PM Modi’s announcement, the reactions from corporate India came fast and quick. We have collated the most of them for you here

  • Centre to bring ordinance allowing states to permit 12-hour shifts: Report Apr 14, 2020 11:40 AM IST

    Centre to bring ordinance allowing states to permit 12-hour shifts: Report

    The Centre will soon bring an ordinance to give state governments the flexibility to increase the work hours of employees across establishments to 12 hours per day from eight hours, a move aimed at addressing the issue of labour shortage.

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