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.

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.

EU approves $13.4 billion GE's Alstom buyout

Last Updated: Tuesday, September 8, 2015, 23:26

The EU announced Tuesday it had approved a deal under which US giant General Electric will acquire the energy business of French company Alstom for 12 billion euros (USD 13.4 billion), after Alstom agreed to sell some assets to an Italian rival.

EU regulators have approved GE-Alstom deal: Source

Last Updated: Monday, September 7, 2015, 23:00

The European Union has approved a deal under which General Electric will acquire the energy business of French company Alstom for USD 12 billion, a source close to the transaction said Monday.

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.

Air India asks pilots union to maintain peace

Last Updated: Tuesday, September 1, 2015, 20:39

Air India has asked one of its pilots unions to maintain peace and harmony in the interest of the carrier while clarifying that the decision to remove commanders from workmen category was taken by the labour ministry and not by the airline management.

Budget 2016-17: FinMin to start consultations from September 4

Last Updated: Wednesday, August 26, 2015, 21:43

Finance Ministry will start consultations on 2016-17 Budget with different ministries and government departments from September 4.

5 CIL trade unions to support Sept 2 nationwide strike call

Last Updated: Wednesday, August 26, 2015, 20:25

To protest against the proposed stake sale in Coal India, its five major trade unions will support the September 2 nationwide strike call, on labour issues, called by all 11 central trade unions of the country.