Govt approves Gold Bond, Gold Monetisation schemes

Last Updated: Wednesday, September 9, 2015, 21:33

Through the Gold Monetisation Scheme, gold in any form can be deposited with banks for a period of one to 15 years that will earn interest while redemption will be at the prevailing value at the end of the tenure.

Cabinet allows 100% FDI under automatic route for white label ATMs

Last Updated: Wednesday, September 9, 2015, 17:12

The Cabinet on Wednesday permitted 100 percent foreign direct investment (FDI) under the automatic route for white label ATM operations, a move that is aimed at promoting financial inclusion.

Cabinet approves off-shore wind power generation policy

Last Updated: Wednesday, September 9, 2015, 16:37

The central government on Wednesday approved a policy framework for promotion of off-shore wind power generation.

Gold deposit and bond schemes: Key facts you should know

Last Updated: Wednesday, September 9, 2015, 16:04

Highlights of the two gold schemes approved at a Cabinet meeting chaired by Prime Minister Narendra Modi.

India unveils two gold schemes for deposits, sovereign bonds

Last Updated: Wednesday, September 9, 2015, 14:23

In a bid to tap the vast amount of idle gold with people and put it to productive use, two schemes were on Wednesday unveiled by the Indian government -- one on physical deposit of the metal against its rupee value on paper and the other for issuing sovereign bonds.

Now, get tax-free interest on gold deposits

Last Updated: Wednesday, September 9, 2015, 13:18

The Cabinet on Wednesday approved the gold monetisation scheme, which proposes to offer tax-free interest to individuals on depositing the yellow metal with banks.

Govt hikes dearness allowance by 6%; to benefit over 1 crore employees, pensioners

Last Updated: Wednesday, September 9, 2015, 12:59

The Cabinet on Wednesday approved a proposal to increase dearness allowance to 119 percent from 113 percent, which will potentially benefit over one crore government employees and pensioners.

Cabinet approves reimbursement to 4 government agencies for import of pulses

Last Updated: Wednesday, September 2, 2015, 13:22

The Union Cabinet on Wednesday cleared reimbursement of Rs 113 crore of losses on pulses imported between 2006-11 by four government agencies.

Dearness Allowance hike: Union cabinet meeting underway

Last Updated: Wednesday, September 2, 2015, 11:58

Government in April hiked dearness allowance by 6 percent to 113 percent of the central government employees and pensioners' basic pay with effect from January.

Govt, RBI reach consensus on monetary policy committee: Jayant Sinha

Last Updated: Thursday, August 27, 2015, 21:41

"As far as MPC is concerned, we have reached a consensus with RBI. On that, a (Cabinet) note has been prepared. We will have to see when it gets to the Cabinet," he said here.

Developers allowed to divest 100% equity in road projects

Last Updated: Wednesday, August 26, 2015, 22:47

The government Wednesday allowed developers to divest 100 percent equity in projects two years after the completion of such schemes, a move that can unlock investments worth about Rs 4,500 crore in the sector.