Apr 29, 2015 07:44 PM IST
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.
- Apr 21, 2015 08:15 PM IST
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.
- Apr 13, 2015 10:05 PM IST
Union transport and shipping minister Nitin Gadkari defended the land ordinance saying the Centre will not budge on changes to the bill.
- Apr 08, 2015 08:00 PM IST
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.
- Apr 04, 2015 03:42 PM IST
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.
- Apr 04, 2015 01:39 PM IST
President Pranab Mukherjee has signed the ordinance as recommended by the union cabinet on March 31, official sources said.
- Mar 31, 2015 12:58 PM IST
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.
- Mar 23, 2015 04:08 PM IST
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.
- Mar 20, 2015 08:23 AM IST
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.
- Mar 16, 2015 09:23 PM IST
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.
- Mar 14, 2015 02:39 PM IST
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.
- Mar 12, 2015 09:54 AM IST
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 â€œlegacy of the previous governmentâ€ and that the incumbent regime is committed to ending the era of retrospective taxation.
- Mar 10, 2015 07:34 PM IST
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
- Mar 09, 2015 12:34 PM IST
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.
- Feb 25, 2015 03:57 PM IST
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.
- Feb 25, 2015 03:21 PM IST
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.
- Feb 11, 2015 06:40 PM IST
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.
- Feb 07, 2015 02:07 PM IST
Read here for all the live updates on Delhi elections.
- Feb 05, 2015 04:16 PM IST
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.
- Jan 30, 2015 10:37 PM IST
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."
- Jan 18, 2015 07:30 PM IST
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.
- Jan 08, 2015 03:40 PM IST
We should worry about the fiscal deficit â€“ but later, after growth revives. Right now, the issue is a further tapering down of growth in a deflationary external environment.
- Jan 06, 2015 06:53 PM IST
"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.
- Jan 02, 2015 11:52 AM IST
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.
- Dec 30, 2014 08:37 PM IST
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.