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  • PAC raises questions on UMPP allocation process Apr 29, 2015 07:44 PM IST

    PAC raises questions on UMPP allocation process

    PAC has raised concerns with regard to the appointment of the bid process management consultant. The report adds that EY was unduly favoured as the said consultant, when Icra was the lowest bidder.

  • Air India seeks one-year extension for Director-Finance Apr 21, 2015 08:15 PM IST

    Air India seeks one-year extension for Director-Finance

    The extension granted to the current CMD Rohit Nandan expires in August. After a streak of losses, Air India had reported a net profit of Rs 14.6 crore in December last year, from a loss of Rs 168.7 crore in the corresponding period of 2013.

  • 80% of acquired land will be used for irrigation: Gadkari Apr 13, 2015 10:05 PM IST

    80% of acquired land will be used for irrigation: Gadkari

    Union transport and shipping minister Nitin Gadkari defended the land ordinance saying the Centre will not budge on changes to the bill.

  • FM bats for Land Bill, calls it key to India's progress Apr 08, 2015 08:00 PM IST

    FM bats for Land Bill, calls it key to India's progress

    Post BJP taking the ordinance route to bring about changes in the Land Bill, the leading opposition have cried foul calling it an arm-twisting tactics to grab land of the poor in the name of industrialization.

  • PM defends Land Bill, backs black money probe in Natl exec Apr 04, 2015 03:42 PM IST

    PM defends Land Bill, backs black money probe in Natl exec

    Accusing the previous Congress-led UPA regime of not having right intentions, the PM asserted that his government was taking quick decisions to ensure faster economic development of the country.

  • President Mukherjee gives nod to land acquisition ordinance Apr 04, 2015 01:39 PM IST

    President Mukherjee gives nod to land acquisition ordinance

    President Pranab Mukherjee has signed the ordinance as recommended by the union cabinet on March 31, official sources said.

  • Babri Masjid Case: SC issues notice to BJP and VHP leaders Mar 31, 2015 12:58 PM IST

    Babri Masjid Case: SC issues notice to BJP and VHP leaders

    The Supreme Court on Tuesday issued notices to senior Bharatiya Janata Party leaders LK Advani, Murli Manohar Joshi, Uma Bharti, Kalyan Singh and 17 other BJP and Vishwa Hindu Parishad (VHP) leaders in the Babri Masjid demolition conspiracy case.

  • Slots of sacked independent directors lie empty at Oil PSUs Mar 23, 2015 04:08 PM IST

    Slots of sacked independent directors lie empty at Oil PSUs

    According to data available from the Oil Ministry, state- owned gas utility GAIL India Ltd is the worst hit with all the eight positions of independent directors yet to be filled. Oil and Natural Gas Corp (ONGC), India's most profitable company, has only one independent director as against required strength of nine.

  • FM answers doubts over 7.4% GDP; says CSO credible Mar 20, 2015 08:23 AM IST

    FM answers doubts over 7.4% GDP; says CSO credible

    Calculating national income with 2011-12 as the base year, the CSO revised the growth for 2013-14 to 6.9 percent. Growth rate was earlier calculated with 2004-05 as base year. Members, during the debate on General Budget, contended that high growth rate as projected was not visible on the ground.

  • No irregularities in Air India's mega aircraft order: Raju Mar 16, 2015 09:23 PM IST

    No irregularities in Air India's mega aircraft order: Raju

    The Modi government denied any irregularity in Lok Sabha on Monday even though the Comptroller & Auditor General released a scathing report on this purchase in 2011-12, alleging several irregularities. The order also continues to be under an investigation by the CBI.

  • India's GDP growth will be 7.5% this year: Jaitley Mar 14, 2015 02:39 PM IST

    India's GDP growth will be 7.5% this year: Jaitley

    Launching the Union Bank of India (UK), a subsidiary of the Union Bank of India, Jaitley on Friday said that since the new government came to power the economy has regained.

  • Govt says Cairn Energy tax claim 'legacy of UPA': Sources Mar 12, 2015 09:54 AM IST

    Govt says Cairn Energy tax claim 'legacy of UPA': Sources

    A day after the tax department was learnt to have issued a notice to London-based Cairn Energy in a three-year-old case, sources told CNBC-TV18 government officials believe the issue is a “legacy of the previous government” and that the incumbent regime is committed to ending the era of retrospective taxation.

  • Govt to bring 11 amendments in land acquisition bill Mar 10, 2015 07:34 PM IST

    Govt to bring 11 amendments in land acquisition bill

    Government has decided to bring 11 official amendments such as limiting the industrial corridor to one kilometre on both the sides of the highways and railway lines, compulsory employment to one member of the affected family of farm labourers, hearing and redressal of grievances at the district level, acquisition of bare minimum of land

  • Land Bill: Govt braces for Opposition onslaught Mar 09, 2015 12:34 PM IST

    Land Bill: Govt braces for Opposition onslaught

    After a meeting of leaders of parties, sources in the government said that notwithstanding the stiff opposition of Congress, government will move ahead with consideration and passage of the bill today for which eight hours have been allocated for discussion.

  • 13 Acts under schedule IV exempt from Land Act: Gadkari Feb 25, 2015 03:57 PM IST

    13 Acts under schedule IV exempt from Land Act: Gadkari

    Calling the land ordinance pro-poor and pro-rural India, Roads and Transport Minister Nitin Gadkari said that farmers have got Rs 2,000-crore compensation post ordinance.

  • Politicians with vested interest oppose Land Amendment Bill Feb 25, 2015 03:21 PM IST

    Politicians with vested interest oppose Land Amendment Bill

    Politicians are mostly land owners and land hoarders with their own vested interests. It is no secret, that politicians and benami owners of urban land too. They are using the poor to argue their own case.

  • Tatas, Adani, 7 others show interest in airport projects Feb 11, 2015 06:40 PM IST

    Tatas, Adani, 7 others show interest in airport projects

    Thousands of Airports Authority of India employees meanwhile staged demonstrations at airports across the country today to protest against the government's attempt to privatise Chennai, Kolkata, Jaipur and Ahmedabad airports, in which AAI has already invested Rs 5,000 crore.

  • Delhi polls live: Voting ends, record turnout of over 66% Feb 07, 2015 02:07 PM IST

    Delhi polls live: Voting ends, record turnout of over 66%

    Read here for all the live updates on Delhi elections.

  • Why UPA lost LS elections despite GDP at 6.9% Feb 05, 2015 04:16 PM IST

    Why UPA lost LS elections despite GDP at 6.9%

    The data released on January 30 and the other economic indicators conclusively establish that the UPA government succeeded in substantial measure on fiscal consolidation, containing the current account deficit (CAD), moderation in inflation and putting the economy back on the growth path.

  • GDP revision: Chidambaram says credit is all UPA's Jan 30, 2015 10:37 PM IST

    GDP revision: Chidambaram says credit is all UPA's

    Chidambaram says that there is much work to be done. "We are willing to help. It is up to the government to reach out to everyone, build consensus, and work toward achieving higher growth in the years to come."

  • Central zonal council to meet in Lucknow tomorrow Jan 18, 2015 07:30 PM IST

    Central zonal council to meet in Lucknow tomorrow

    Development of road and air infrastructure, Naxal menace and child welfare will be among the issues in focus during the meeting of the Central Zonal Council comprising Uttar Pradesh, Madhya Pradesh, Chhattisgarh and Uttarakhand to be held in Lucknow tomorrow.

  • Will government cut loose on fiscal deficits next year? Jan 08, 2015 03:40 PM IST

    Will government cut loose on fiscal deficits next year?

    We should worry about the fiscal deficit – but later, after growth revives. Right now, the issue is a further tapering down of growth in a deflationary external environment.

  • General Motors India raises prices by up to Rs 61,000 Jan 06, 2015 06:53 PM IST

    General Motors India raises prices by up to Rs 61,000

    "The price hike on Chevrolet vehicles built in India ranges from approximately Rs 15,000 to Rs 61,000 depending upon the various models and variants with effect from January 2015," General Motors India Vice President P Balendran said in a statement.

  • 'Prez questioned govt's urgency on Land Bill Ordinance' Jan 02, 2015 11:52 AM IST

    'Prez questioned govt's urgency on Land Bill Ordinance'

    According to sources, the President Pranab Mujherjee even communicated to ministers that it would have been better if the government had got the Bill passed in Lok Sabha where it has a majority.

  • Automobiles to be costlier from Jan as govt ends excise sop Dec 30, 2014 08:37 PM IST

    Automobiles to be costlier from Jan as govt ends excise sop

    The move is expected to help the government raise additional revenue in the remaining three months of the current financial year to achieve the fiscal deficit target of 4.1 percent of GDP.

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