India Business

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Modi backs idea to dump a 150-year-old practice

With backing of the plan to shift financial year from April to March-between January and December, Prime Minister Narendra Modi is going to change 150-year-old practice that goes behind fixing

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L&T Technology Services wins smart city and campus project

L&T Technology Services Limited, a leading global pure play engineering services provider, announced the development of Smart City and Campus solutions that will be used to develop a smart office

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PMO asks departments to modify enabling framework to attract FDI

The Prime Minister’s Office, PMO has asked all the ministries and departments to modify enabling framework and regulations in tune with the liberalized FDI policy with a view to attracting

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Govt aims 40 per cent sown area under insurance cover in 2017-18

The government is aiming to bring 40 per cent of gross sown area of 194.4 million hectare under crop insurance schemes in 2017-18 season beginning July. In 2016-17 crop year,

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Service charge not mandatory as government approves guidelines: Paswan

Food and Consumer Affairs Minister Ram Vilas Paswan today said that the government has approved guidelines on service charge. In a series of tweets, Paswan said, as per guidelines service

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REITs, GST Fuel Increase in Pan India Grade-A Warehousing Stock

Ramesh Nair The Goods and Services Tax (GST) and Real Estate Investment Trusts (REITs) are soon going to be a reality in India. These, coupled with a growing demand for

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Petroleum ministry red-flags move to shut petrol pumps on Sundays

The Ministry of Petroleum and Natural Gas criticised the decision of a section of petrol pump operators to close their outlets, mostly in south India, on Sunday. In a series

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Parliamentary panel calls RBI Governor Urjit Patel on note ban issue

Reserve Bank of India, Governor, Urjit Patel has been asked by a Parliamentary panel to appear before it again on May 25 over demonetisation issue. Sources said in New Delhi

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Finance Ministry approves 8.65% interest rate on EPF for 2016-17: Labour Minister

Labour Minister Bandaru Dattatreya today said that the Finance Ministry has approved 8(point)65 per cent interest rate on EPF for 2016-17. He said, the government will immediately issue the notification

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Govt further extends deadline for deposits under PMGKY to April 30

Government has extended the last date to make deposits under the Pradhan Mantri Garib Kalyan Yojna (PMGKY) to 30th of this month for those availing the scheme and have already