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
The government is improving the terms of endearment as far as stressed assets are concerned.
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
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
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
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.
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
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.
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.
The government proposes to set up a new company to manage surplus funds of central public sector enterprises (CPSEs).