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Steel-to-autos conglomerate Tata Group, widely viewed as a potential suitor for Air India. (Photo: File)

India renews push to sell Air India, puts entire stake on the block

The government in 2018 here tried to sell 76 per cent of Air India and offload about USD 5.1 billion of its debt.

28 Jan 2020 12:46 PM

There are around a dozen recognised trade unions at Air India.

Air India privatisation: Employee unions to meet in Delhi

The government has set March 17 as the deadline for submitting the expression of interest.

27 Jan 2020 10:30 AM

The government has decided to offload 5 lakh tonne pulses from its buffer stock to both state governments as well as in the open market.

Govt plans to extend urad imports till June on likely domestic shortage: sources

The country has imported 21.4 lakh tonnes of pulses during April-November of this fiscal.

20 Jan 2020 12:43 PM

The RBI largely earns profits through its trading of currencies and government bonds. (Photo: AFP)

Indian government to seek RBI dividend boost as revenue drops

Reserve Bank of India approved a 1.76 trillion rupees (USD 24.8 billion) dividend payment to the federal government

11 Jan 2020 10:57 AM

The Centre after consultation with the Reserve Bank of India has increased the authorised capital of the bank from Rs 15,000 crore to Rs Rs 25,000 crore.

Govt raises authorised capital of Indian Overseas Bank to Rs 25,000 cr

Shares of the bank were trading at Rs 11.30 apiece on the BSE.

10 Jan 2020 1:26 PM

The main reason for rise in price was damage to the onion crop due to rains. (Photo: Representational)

Onion price continues to make us cry, it’s now Rs 165/kg

The government in Parliament informed that imported onions will arrive by January 20.

06 Dec 2019 8:12 PM

this decision will help in ensuring compliance of FDI policy in the e-commerce sector.

Govt asks e-commerce firms to file FDI compliance report annually

Trader bodies have been raising concern over violation of foreign direct investment (FDI) norms.

06 Dec 2019 4:01 PM

Finance Minister Nirmala Sitharaman. (Photo: File)

Govt to launch first debt exchange-traded fund

The ETF, called Bharat Bond ETF, will have a fixed maturity of three and ten years .

04 Dec 2019 7:31 PM

Spreading one's own impression can hurt national interest: FM on Bajaj's comment

Her remarks drew varied responses with the opposition Congress seizing on it to criticise the government.

02 Dec 2019 6:43 PM

During the financial year 2017-18 and 2018-19, RoCs had removed/struck off 3,38,963 companies. (Representational image)

The Corporate Affairs Ministry has removed the names of these companies for their failure to file annual returns

The Corporate Affairs Ministry has removed the names of these companies for their failure to file annual returns.

02 Dec 2019 4:08 PM

Hallmarking will be mandatory from January 15, but a period of one year will be allowed to set up new hallmarking centres and to clear jewellers’ existing stocks.

Govt makes gold jewellery hallmarking mandatory from mid-January

The move will bring trust back to the gold industry, benefiting consumers and trade alike.

30 Nov 2019 11:23 AM

The Indian government has in recent years faced public ire for not releasing comprehensive jobs data regularly.

India's urban unemployment rate slows in March quarter: report

The urban unemployment rate of the January-March quarter compared with 9.9 per cent in the preceding quarter.

23 Nov 2019 1:13 PM

In the north, property prices in Delhi, the National Capital Region (NCR), and Mumbai were forecast to be stagnant in 2020.

India property market set for modest lift from govt measures: report

Earlier this month the government approved a 100 billion Indian rupee fund to help clear unfinished building projects.

22 Nov 2019 11:57 AM

The government currently holds 54.80 per cent in Concor and will retain 24 per cent stake post sell-off

BPCL, SCI shares hit 52-week high after privatisation move

Shares of Shipping Corp also rose 2.12 per cent to hit a one year high of Rs 69.80 in opening trade but later pared the gains.

21 Nov 2019 1:05 PM

Banks will now become even more cautious about non-banking financial companies as going to bankruptcy court destroys values because the realisation may not be much.

Govt to start DHFL's bankruptcy proceedings in latest shadow banking crisis

DHFL’s owes its lenders nearly 1 trillion rupees including several mutual funds, banks, pension funds, insurance firms and retail investors.

21 Nov 2019 10:34 AM

Though the tax structure has tried to solve major issues relating to the taxing in India, the reform has many challenges.

GST structure: key challenges and its solutions

Govt on several occasions has given clarifications to reduce ambiguities and make the process smooth and easy.

19 Nov 2019 11:07 AM

Globally, investors are shying away from coal assets amid increasing pressure from climate change investors on large international miners and banks. (Photo: PTI)

Govt looks to relax norms to attract global coal miners, industry sceptical

Government plans to float global tenders for the first time for coal mining blocks before end-2019.

18 Nov 2019 2:40 PM

Govt to sell Air India, BPCL by March 2020: Sitharaman

In 2018, government put up 76 per cent stake of Air India for sale, which saw a lukewarm response by investors.

18 Nov 2019 12:40 PM

The company has provided for liabilities of Rs 27,600 crore for license fees and Rs 16,500 crore for spectrum usage charges. (Photo: PTI)

Vodafone-Idea believes govt won't be in conflict with SC on telco relief: Brokerages

Vodafone Idea Ltd faces a liability of Rs 44,150 cr after SC ordered that non-telecom revenues should be included in the AGR.

18 Nov 2019 10:26 AM

Sitharaman also said that no bank has approached the finance ministry raising concern over their exposure to the telecom sector.

Govt intends to address concerns of telecom sector, says Sitharaman

The SC last month ruled in favour of the govt and directed telecom companies to pay as much as Rs 1.42 lakh crore.

16 Nov 2019 10:48 AM

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Mohan Guruswamy