Business

Government of India have announced the Sale (re-issue) of (i) “7.35 per cent Government Stock 2024” for a notified amount of ` 2,000 crore (nominal) through price based auction, (ii) “7.88 per cent Government Stock 2030” for a notified…

The Report of the Committee on Revisiting & Revitalising the PPP model of Infrastructure Development chaired by Dr. V. Kelkar has been issued and also uploaded on the Ministry of Finance’s website (finmin.nic.in). In the Union Budget…

The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has given its approval for investment of Rs.5,000 crore by Oil and Natural Gas Company Limited (ONGC) into the equity share capital of ONGC…

The Union Government’s Finance and Appropriation Accounts for 2014-15 along with the Audit Report of the Comptroller & Auditor General (CAG) of India were presented in Parliament on Wednesday. This is the second time since…

Union Government has accepted the recommendation of 14th Finance Commission to increase the shareable pool of Tax Devolution from 32% to 42% for it’s award period (2015-20) which gives more resources and greater freedom to use these…

The rate of industrial growth, measured in terms of Index of Industrial Production (IIP) increased by 4.8 per cent during April-October, 2015-16 as compared to the growth of 2.2 per cent during the same period of previous year i.e. 2014-15.…

The Ministry of Tourism has launched a Comprehensive Sustainable Tourism Criteria for India (STCI) for three major segments of tourism industry, namely Tour Operators, Accommodation and Beaches, Backwaters, Lakes & Rivers sectors during…

Bharat Aluminium Company Limited (BALCO) was disinvested on 02.03.2001 when 51% of shares held by Government of India in the company were transferred alongwith management control in favour of the Strategic Partner (SP), namely, Sterlite…

In line with the Digital India initiative of Government of India, National Handloom Development Corporation Ltd. (NHDC) has decided to implement Enterprise Resource Planning (ERP) system for its commercial activities for the benefit of…

The Ministry in September 18, 2015 under the MSME Development Act, 2006 has notified that every MSME unit shall file Udyog Aadhaar Memorandum (UAM). This is a path breaking step to promote ease-of-doing-business for MSMEs in India as the…