Government | The Asian Age

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Govt has announced that it would start raising a part of its gross borrowing programme from external markets in foreign currencies.

Govt should borrow only long-term fund from overseas market: Jalan

India's sovereign external debt-to-GDP level is among the lowest globally at less than 5 per cent.

07 Aug 2019 9:02 AM

In case of allotment of blocks for PSUs, five coal mines are for power sector, nine for sale of coal and one for iron and steel.

Govt begins process to auction 27 coal mines

Govt said it is auctioning 21 coal mines for end-use non-regulated sectors and six coking coal mines for end-use iron and steel sector.

06 Aug 2019 9:52 AM

The New Zealand government released long-awaited plans on Monday to overhaul its abortion laws, so that a termination is treated as a health issue and a woman's choice rather than a crime. (Representational Image)

New Zealand’s proposed abortion laws to give women right to choose

The bill, to be introduced to parliament on Thursday, will be a conscience vote rather than along party lines.

05 Aug 2019 12:57 PM

A tender for Rs 8,135 crore was modified with revised eligibility criteria for setting up of a 3x800 MW project.

Rs 25,000 cr tenders cancelled or modified to promote Make in India products

Govt issued the order on June 15, 2017, to promote manufacturing and production of goods and services in India.

05 Aug 2019 9:43 AM

Banks will need more capital infusions, improvement in governance - including consolidation - and cuts in government stakes over a period of time.

Good money after bad? India's bank rescue plans keep on coming

Capital infusion has not been sufficient and a delay in addressing banking issues could prolong India’s economic recovery.

03 Aug 2019 1:18 PM

Thousands of civil servants on Friday gathered in Hong Kong's central district to demonstrate support for the anti-government protests that have gripped the semi-autonomous Chinese territory from the past few weeks. (Photo: ANI)

Hong Kong civil servants join anti-government protests

Organisers of the protest estimated the turnout to be around 40,000 while police put the figure at 13,000.

03 Aug 2019 11:59 AM

A peon posted at a government school in Katni was suspended on Friday after a video of him mercilessly thrashing students inside the classroom in presence of a teacher went viral over social media. (Photo: ANI)

Peon suspended for thrashing, dragging students by hair in MP

In the video, the peon can be seen sitting on a bench and students on the floors in fear.

03 Aug 2019 10:30 AM

Amarnath Yatris, tourists advised to curtail their stay in Valley: J&K govt

The Principal Secretary (Home) issued a security advisory, saying pilgrims and tourists may 'return as soon as possible'.

02 Aug 2019 4:10 PM

The task force was assigned to draft direct tax laws in line with the norms prevalent in other countries

Tax force on direct taxes gets more time to submit report

The government has allowed the task force to submit its report by 16th of August 2019.

01 Aug 2019 10:56 AM

The eight core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - had expanded by 7.8 per cent in June last year.

Eight core sectors growth slows down to 0.2 pc in June

During April-June, the eight sectors grew by 3.5 pc compared to 5.5 pc in the same period last year.

31 Jul 2019 6:07 PM

A bloody clash between two prison gangs on Monday left at least 57 inmates dead with 16 of them decapitated, authorities in the state of Para said, the latest deadly clash as Brazil's government struggles to control the country's overcrowded jails. (Photo: AFP)

At least 57 inmates killed, several beheaded in bloody clash in Brazil prison

Most of the dead died in the fire, they said, while two guards were taken hostage, but later released.

30 Jul 2019 9:20 AM

The death toll due to encephalitis in Assam has reached 120 this year, Minister of State for Health Pijush Hazarika said on Monday. (Photo: ANI)

Encephalitis death toll reaches 120 in Assam: State Health Minister

Treatment for people affected by the disease has been made free at all government hospitals in the state, the minister said.

29 Jul 2019 3:52 PM

Aggregate gross advances of PSBs increased from over Rs 18.19 lakh crore as on March 31, 2008 to more than Rs 52.15 lakh crore as on March 31, 2014.

PSBs' bad loans have declined by over Rs 89,000 crore till March: Govt

Over the last 4 financial years, PSBs were recapitalised to the extent of Rs 3.12 lakh cr, with an infusion of Rs 2.46 lakh cr by the govt.

26 Jul 2019 10:13 AM

A total of 492 projects will cost Rs 6,642 crore, out of which the Centre approved a financial assistance of Rs 2,102 crore.

Govt approves construction of 1.4 lakh more houses under PMAY

Govt sanction construction of around 1,40,134 more affordable houses for the benefit of urban poor.

26 Jul 2019 9:15 AM

Acharya said India’s borrowing relative to its output has ranged from 67 per cent to 85 per cent since 2000 and has outpaced many emerging markets including China.

Rise in government borrowing can weigh on corporate sector: Acharya

Acharya is leaving the central bank on Tuesday, six months before the scheduled end of his term in office, citing personal reasons.

23 Jul 2019 9:15 AM

There were 8.44 crore taxpayers in Assessment Year 2018-19.

Govt targets to add 1.3 crore income tax filers this fiscal

Thakur said 46,13,91,168 Permanent Account Numbers (PANs) have been allotted as on July 30, 2019.

23 Jul 2019 8:54 AM

The ongoing high-voltage political drama in Karnataka is likely to culminate on Monday with Congress-JD (S) coalition government schedule to face the crucial floor test in the Assembly. (Photo: File)

Karnataka gears up for trust vote today after missing two deadlines

On Friday, the Assembly failed to meet two deadlines set by Governor Vajubhai Vala to complete the trust vote.

22 Jul 2019 8:49 AM

Congress general secretary Priyanka Gandhi Vadra welcomed Chief Minister Yogi Aditynath's visit on Sunday to Ubbha village in UP's Sonbhadra where 10 people were gunned down over a land dispute. (Photo: File)

Govt's duty to stand with victims: Priyanka welcomes UP CM's visit to Sonbhadra

The state government has already distributed checks of Rs 5 lakh as ex-gratia to the kin of the deceased.

21 Jul 2019 3:47 PM

The amendment, along with 28 others, were approved by a voice vote by the Lok Sabha, which passed the Finance Bill 2019.

Cash withdrawal from multiple accounts to be aggregated for levying 2 pc TDS

Two per cent tax will be charged if aggregate cash withdrawal from one or more accounts exceeds Rs 1 crore.

19 Jul 2019 9:38 AM

With the onset of monsoon in Hyderabad, cases of vector and water-borne diseases have witnessed a surge in the city. (Representational Image)

Hyderabad witnessing spurt in vector, water-borne diseases with onset of monsoon

The doctors are advising the public to eat a healthy diet and keep themselves away from any such place that breeds mosquitoes.

18 Jul 2019 8:48 AM

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Farrukh Dhondy