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Cabinet approves ordinance for mines auction

Last Updated: Monday, January 5, 2015, 21:35

The Cabinet on Monday approved an ordinance for auction of iron ore and other minerals, yet again opting the emergency route that was adopted for coal, insurance and land acquisition reforms.

Cabinet approves mines ordinance to auction iron ore and other minerals

Last Updated: Monday, January 5, 2015, 19:49

The Union Cabinet on Monday cleared mines ordinance, that would pave the way for auction of iron ore and other minerals as proposed in the Mines and Minerals (Development and Regulation) Bill.

Bupa Insurance to raise stake in Max Bupa to 49%

Last Updated: Monday, January 5, 2015, 13:38

Through an Ordinance, the government has permitted foreign investment of up to 49 percent in the insurance sector, from a limit of 26 percent previously.

Land acquisition ordinance gets Presidential assent

Last Updated: Wednesday, December 31, 2014, 20:32

The ordinance on Land Acquisition Act envisaging procuring land for industrial corridors, rural infrastructure, defence and housing on Wednesday received Presidential assent.

Infra, realty stocks gain ground on land acquisition ordinance

Last Updated: Tuesday, December 30, 2014, 18:38

Shares of infrastructure, realty and defence companies gained ground on Tuesday after the government recommended promulgation of an ordinance making significant changes in the Land Acquisition Act.

Cabinet approves ordinance making major changes in Land Acquisition Act

Last Updated: Monday, December 29, 2014, 20:20

Finance Minister Arun Jaitley said the government decided to relax certain provisions of the Act and add Section 10 A to the legislation keeping in the mind development needs of the society.

Cabinet decides to regularise 895 colonies of Delhi

Last Updated: Monday, December 29, 2014, 18:10

The Union Cabinet on Monday approved amendment to the existing guidelines that enables regularization of 895 colonies of Delhi which have come up till June 1, 2014.

Cabinet approves ordinance for Land Acquisition Act

Last Updated: Monday, December 29, 2014, 17:13

The Union Cabinet on Monday approved a proposal to take the ordinance route to amend the Land Acquisition Act.

Govt eyes reforms through window when door is shut: Experts

Last Updated: Monday, December 29, 2014, 16:37

With limited legislative success in the Winter session of Parliament, the government has adopted the ordinance route to push key economic reforms but that still leaves uncertainty on the table, experts from top global banks have said.

Govt considers emergency orders to ease land deals, auction minerals

Last Updated: Monday, December 29, 2014, 15:10

Government is considering passing emergency executive orders to ease land-acquisition rules and auction minerals such as iron ore to kickstart hundreds of billions of dollars in stalled projects, though investments are unlikely to flow in immediately.

Insurance sector eyes FDI worth billions in new year

Last Updated: Monday, December 29, 2014, 12:11

Finance Minister Arun Jaitley has expressed hope that hiking of the foreign investment cap in the insurance sector to 49 percent, which has been pending since 2008, will result in capital inflow of USD 6-8 billion.

Ordinance boost: RCap eyes foreign funds in insurance ventures

Last Updated: Sunday, December 28, 2014, 15:16

Within days of government allowing more overseas investment in insurance sector through an ordinance, Anil Ambani-led Reliance Group has initiated a process for inducting foreign partners in its general and health insurance ventures with up to 49 percent stakes.