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RTGS facility will not operate on 2nd, 4th Saturdays: RBI

Last Updated: Tuesday, September 1, 2015, 18:45

The RTGS system, which allows real time transfer of large funds, will not be operated on second and fourth Saturdays with banks observing public holiday on that days, the Reserve Bank said Tuesday.

Panel on coal linkage auction to meet this week

Last Updated: Wednesday, August 19, 2015, 15:30

The government is considering a policy for coal linkage auction and has sought comments from stakeholders on its draft auction methodology.

Govt planning stake sale in BPCL

Last Updated: Friday, July 24, 2015, 17:22

The Government on Friday said it is planning to sell stake in Bharat Petroleum Corp Ltd (BPCL) and will take a final view after completion of inter-ministerial consultation.

Telecom Commission finalises views on spectrum sharing, trading norms

Last Updated: Thursday, June 11, 2015, 15:57

Inter-ministerial panel Telecom Commission (TC) today said it has finalised its view on the much awaited spectrum sharing and trading guidelines, which will be sent to the Cabinet for final approval by month-end.

NPCI cuts inter-bank ATM transaction fees by 10%

Last Updated: Friday, May 8, 2015, 16:16

The National Payments Corporation of India (NPCI) on Friday announced a 10 percent or 5 paise reduction in charges for transactions on its inter-bank ATM network.

Panel asks Coal Controller to rework bank guarantee maths

Last Updated: Thursday, May 7, 2015, 14:37

The panel was looking into the issue of bank guarantees of the previous allottees pertaining to 127 coal blocks.

FIPB defers Kotak Mahindra Bank proposal for raising FII limit

Last Updated: Thursday, April 30, 2015, 18:54

An inter-ministerial panel on Thursday deferred Kotak Mahindra Bank's proposal for raising foreign investment limit in the bank to 55 percent.

Committee on Mines recommends opening of 26 closed mines

Last Updated: Saturday, April 4, 2015, 20:05

The inter-departmental committee on mines on Saturday recommended the Odisha government to allow opening of 26 mines that remained closed for over one year due to some reason or the other.

Govt nod for signing pact on dry ports of global importance

Last Updated: Tuesday, March 31, 2015, 23:30

The Cabinet on Tuesday gave a go-ahead to the proposal to sign an inter-governmental agreement on Dry Ports of International Importance, a move aimed at promoting global trade.

India considering signing Inter-Governmental Agreement with US

Last Updated: Tuesday, March 17, 2015, 18:05

India is considering signing an agreement with the US to make Indian financial institutions complaint with Foreign Account Tax Compliance Act (FATCA), Minister of State for Finance Jayant Sinha informed Parliament Tuesday.

SC to hear Vodafone's plea against IUC charges on March 9

Last Updated: Friday, February 27, 2015, 21:33

The Supreme Court Friday deferred to March 9 the hearing on a plea of telecom firm Vodafone India against TRAI's recent tariff regulations by which inter-connection usage charges (IUC) have been revised.

CIL to engage consultant on auctioning of coal linkages

Last Updated: Tuesday, January 27, 2015, 19:49

State-owned Coal India Ltd will engage an external consultant to examine various structures and implementation models to auction coal linkages.