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Under the scheme called Pradhan Mantri Kisan Samman Nidhi, Rs 6,000 will be transferred into bank accounts of farmers holding up to 2 hectares of land in three equal instalments.

Govt announces cash dole for small farmers

Rs 20,000 crore have been provided for current fiscal and also announced allocation of Rs 75,000 crore for the next fiscal.

01 Feb 2019 12:04 PM

The survey is the first on employment by a government agency since demonetisation. (Picture for representational purposes only)

Unemployment rate highest in 45 years, shows Centre’s ‘buried’: report

The report showed that the unemployment rate among the youth was at a higher level compared to previous years.

31 Jan 2019 11:28 AM

Google’s spent USD 18.04 million on lobbying in 2017. (Photo: AP)

Google, Facebook spend big on US lobbying amid policy battles

Facebook Inc disclosed that it also spent more on government lobbying in 2018 than it ever had before at USD 12.62 million.

23 Jan 2019 4:24 PM

Minister for IT, BT, S&T, the interaction and discussion addressed policy making, infrastructure and other the unique challenges of the industry.

Karnataka Govt to solidify its IT, Science sectors, charts future path

Dy CM meets industry stakeholders and partners to chart future plan for state IT Industry.

17 Jan 2019 10:29 AM

The equity will be infused in two tranches of Rs 4,500 crore in 2018-19 and Rs 1,500 crore in 2019-20 respectively.

Cabinet approves Rs 6,000 crore capital infusion in Exim Bank

Exim Bank is the apex financial institution for financing, facilitating and promoting the country's international trade.

16 Jan 2019 6:06 PM

The application of the recognised startup shall be moved by the department to CBDT with necessary documents.

Govt eases process for startups to seek tax exemption on angel fund investments

Startups will have to provide account details and return of income for last three years.

16 Jan 2019 5:21 PM

After including surcharges, the current effective corporate taxes are 33.9 per cent for domestic companies and 43.26 per cent for foreign companies.

Corporate tax may be cut to 25 per cent for turnover up to Rs 500 cr

Companies above Rs 250 crore turnover currently pay a basic corporate tax rate of 30 per cent.

16 Jan 2019 11:18 AM

The country will be adding 100 more airports, and one billion trips in the next 15 years, says Choubey. (Representational image | AP)

India to add 1,000 aircraft in 7-8 years: Govt official

The domestic aviation has been growing at 20 per cent every year, for the last four years.

15 Jan 2019 12:43 PM

Social media firms have long battled efforts by governments around the world to hold them responsible for what users post on their platforms. (Photo: ANI)

Social media giants plan push-back on India's new regulations: sources

The move comes ahead of India’s national election due by May and amid rising worries that activists could misuse social media.

11 Jan 2019 1:48 PM

RBI might adopt a more growth-friendly monetary framework under his watch, as desired by the government.

RBI accountable to government, says reserves panel chairman

Government is urgently seeking extra funds to finance populist measures like financial aid to farmers.

10 Jan 2019 5:07 PM

This will be the last Budget of the current BJP-led NDA government before the General Elections. (Photo: ANI)

Finance Minister Jaitley to present Interim Budget on February 1

The Budget Session of the Parliament will be held from January 31 to February 13.

10 Jan 2019 1:55 PM

The move is expected to benefit 31 stranded projects worth 15,000 MW belonging to Essar Power, Torrent Power, GSPC, Reliance Infra, GMR, GVK, NTPC and Lanco.

Rs 18,000 crore subsidy in works for stressed gas-based power projects

This scheme ran for two years between 2015 and 2017 and got financial support from the Power System Development Fund.

10 Jan 2019 10:56 AM

Union Minister Nitin Gadkari. (Photo: PTI)

Govt allows Iranian bank to open Mumbai branch: Gadkari

Iran's Bank Pasargad will open its branch within the next three months.

08 Jan 2019 12:03 PM

Giving details of financial disincentives imposed by TRAI on non-complaint provider against prescribed benchmarks for drop call rate.

Penalty of Rs 58 lakh on telecom service providers for call drop

During the March quarter, Rs 3 lakh penalty was imposed on BSNL, Rs 10.5 lakh on Idea, Rs 22.5 lakh on Tata and Rs 6 lakh on Telenor.

04 Jan 2019 5:10 PM

The amount, to be transferred to farmers bank accounts, will vary from state to state. (Photo: PTI/File)

Govt takes direct benefit transfer route to farm votes

As part of immediate relief measure, the government will offer Rs 3,000-4,000 per acre to each farmer for every season.

04 Jan 2019 10:31 AM

The merger has been designed to make BoB as merged entity, a globally competitive lender, Prasad added.

Cabinet clears merger of Dena Bank, Vijaya Bank with BoB

With the merger, BoB will become the third largest bank after State Bank of India and ICICI Bank.

03 Jan 2019 10:34 AM

The government wanted the RBI to align its PCA framework with global norms, which recognises only slippage on capital to risk weighted assets ratio.

RBI vs Govt in 2018: A 'husband-wife' relation that turned stormy

The differences came out in the open when Deputy Governor Acharya, in a hard-hitting speech in October.

01 Jan 2019 10:52 AM

Finance Minister Arun Jaitley. (Photo: PTI)

7 PSU banks set to get Rs 28,615 crore lifeline in 4 days

Of the 7 state-owned banks, Bank of India may get the highest amount of Rs 10,086 crore.

28 Dec 2018 11:21 AM

The Union Cabinet last month approved strategic sale of government stake in Dredging Corporation of India to consortium of four ports.

Need to open up India's dredging market to boost ports trade: NITI aayog

The government has already made an action plan to increase the draft depth of ports.

25 Dec 2018 1:46 PM

Reduce number, weight of government mandates for PSBs: Rajan

PSBs still not adequately professionalised and there is a need to substantially improve risk management.

14 Dec 2018 10:03 AM

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Sunanda K Datta Ray