Increase strength of women in PSBs: Parl panel

Last Updated: Wednesday, August 5, 2015, 21:46

A parliamentary panel Wednesday recommended evolving a strategy for women reservation in public sector banks (PSBs) to increase their strength and representation in the banking sector, which it said was "not promising".

Fake currency with Rs 136.43 cr face value seized in 3 years

Last Updated: Tuesday, August 4, 2015, 17:04

More than 27.31 lakh pieces of Fake Indian Currency Notes (FICN), with face value of Rs 136.43 crore, were seized in three years through 2014, Parliament was informed Tuesday.

Parliamentary logjam holding up GST, other key bills: CII

Last Updated: Tuesday, August 4, 2015, 17:01

Continued logjam in Parliament is delaying passage of key Bills like GST, which are crucial for economic growth, industry body CII said Tuesday.

Bank's borrowing from global institutions only for general biz

Last Updated: Tuesday, August 4, 2015, 16:25

Bank's borrowing from global multilateral financial institutions are intended to be used for general banking business and not for capital augmentation, Parliament was informed today.

No proposal to enact separate law to regulate e-commerce: Govt

Last Updated: Tuesday, August 4, 2015, 15:51

Some instances of irregularity in the functioning of e-commerce have come to the government's notice, but there is no proposal to enact a separate law to regulate this emerging area, Parliament was informed on Tuesday.

Over Rs 40K crore revival package to nurse 46 ailing PSUs: Govt

Last Updated: Friday, July 31, 2015, 20:16

The government has approved Rs 40,885 crore revival package for 46 ailing PSUs, including National Jute Manufacturers Corporation, HMT Ltd, Cement Corporation of India, Konkan Railway Corporation, ITI Ltd and Bharat Coking Coal, Parliament was informed today.

Revenue from taxes on diesel, petrol at Rs 75,441 cr in FY15

Last Updated: Friday, July 31, 2015, 17:50

Government's revenue collection from taxes on petrol and diesel rose to Rs 75,441 crore in 2014-15, a rise of over 60 percent from 2012-13, Parliament was informed on Friday.

Govt orders probe into 16 companies for illegal deposits: Jaitley

Last Updated: Friday, July 31, 2015, 16:40

The government has ordered probe against as many as 16 firms, including Saradha Housing, in the current fiscal (2015-16) for allegedly being involved in illegal deposit-taking activities, Parliament was told on Friday.

Govt seeks Parliament nod for Rs 25,500 cr additional spending

Last Updated: Friday, July 31, 2015, 16:38

The Finance Ministry on Friday sought Parliament's nod to spend an additional Rs 25,500 crore in the current fiscal, nearly half of which will be spent on capital infusion into state-owned banks to help them overcome the high bad loans situation.

Sebi passed 96 orders in illegal money pooling cases: Govt

Last Updated: Friday, July 24, 2015, 17:25

Capital market regulator Sebi has passed 96 orders against various entities during the past three years for running illegal collective investment schemes, Parliament was informed on Friday.

Govt formulating Regulatory Reform Law

Last Updated: Friday, July 24, 2015, 15:38

To bring in a cogency of approach across various sectors in infrastructure, the government is formulating a Regulatory Reform Law, Parliament was informed on Friday.

China parliament ratifies BRICS Bank agreement

Last Updated: Wednesday, July 22, 2015, 21:21

China`s largely rubber-stamp parliament ratified an agreement with the world`s largest emerging nations on Wednesday to create a new development bank, state news agency Xinhua reported.