Subhash Narayan
New Delhi
My Stories
Rlys raises freight rates after CIL’s price hike

In a double whammy to power consumers, the Indian Railways has revised freight rates for coal between 10-20 per cent after Coal India on Tuesday announced up to 10 per cent increase in the fuel pri

Govt asks CPSEs to consider taking over stressed infra assets under IBC

The government is improving the terms of endearment as far as stressed assets are concerned.

FY18 oil bill may swell to $90 billion

The bad news for the economy may continue till the end of current financial year at least, with numbers now suggesting that oil import bill is likely to swell to $90 billion in FY18, over 25 per ce

ONGC to share statutory payments with pvt explorers

The government proposes to allow Oil and Natural Gas Corporation (ONGC), the country’s largest state-owned oil explorer, to pay royalty and cess in all its six pre-New Exploration Licensing Policy

Reverse charge mechanism to be back in GST

Close on the heels of the decision to roll out e-way bill, the government is set to introduce the reverse charge mechanism in its bid to check evasion, especially by traders and small businesses un

State firms free to carve out captive coalmines from end-use plants

The government has allowed state-run companies in power, steel and cement sectors to carve out captive coalmines from their end-use plants, while transacting merger and acquisition (M&A) deals.

Govt mulls DBT pilot in power sector next fiscal

In a major reform initiative, the Centre has now put in motion a plan to extend the scope of direct benefit transfer (DBT) scheme to the power sector that would limit benefits to electricity consum

GPS-enabled biometric scheme for primary teachers on anvil

Finance minister Arun Jaitley is likely to announce a Rs 4,000 crore scheme, aimed at ensuring the presence of teachers through the use of GPS-enabled hand-held biometric devices.

MNREGS allocation may rise by 20% to Rs 57,600 cr

The government may substantially increase the allocation for UPA’s flagship programme MNREGA and overhaul the rural job guarantee scheme even as expenditure on this has grown exponentially.

Govt proposes new firm to manage CPSE funds

The government proposes to set up a new company to manage surplus funds of central public sector enterprises (CPSEs).