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.

Rajan says talking to govt to hike FPI cap in govt bonds

Last Updated: Tuesday, August 4, 2015, 15:50

Reserve Bank is in discussions with the Finance Ministry to raise the Foreign Portfolio Investment (FPI) cap in government bonds, Governor Raghuram Rajan said on Tuesday.

Utensils, wooden furniture to be cheaper in Delhi

Last Updated: Saturday, August 1, 2015, 19:31

Delhi govt has implemented over seven percent reduction in VAT imposed on such items.

New IRF contracts debut on NSE with trading worth Rs 477 crore

Last Updated: Friday, July 31, 2015, 23:23

New interest rate futures (IRFs) contracts based on six-year and 13-year tenure government bonds made their debut on capital markets today with trading worth Rs 477.40 crore on the NSE.

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.

Govt to sell on priority 27 mn tonne wheat procured this year

Last Updated: Friday, July 31, 2015, 18:44

The government will on priority distribute nearly 27 million tonnes of wheat it procured this year under the relaxed quality norms through ration shops, welfare schemes and open market sales.

Govt to sell 15% stake in Hindustan Copper

Last Updated: Friday, July 31, 2015, 18:32

As part of its disinvestment plans via stake sale in public enterprises during this fiscal, government will sell 15 percent of its shareholding in Hindustan Copper Ltd, Parliament was informed on Friday.

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.

Govt must deliver on promises for higher growth: Moody's

Last Updated: Thursday, July 30, 2015, 20:09

While pegging India's true growth potential at near 10 percent, Moody's also warned that "GDP growth is not likely to rise above 7.5 percent if the government continues to over-promise and not deliver".

Bourses to launch new 6-yr, 13-yr govt bond futures Friday

Last Updated: Thursday, July 30, 2015, 16:01

Leading stock exchanges BSE and NSE will introduce Friday new interest rate futures (IRFs) contract with the newly launched 6-year and 13-year government bonds.