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.

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.

Govt approves pact with Seychelles to curb black money

Last Updated: Thursday, August 20, 2015, 14:12

To check black money generation, the government on Thursday approved signing and ratification of the agreement between India and Seychelles for exchange of information with respect to taxes.

Cabinet clears amendments to Arbitration Act

Last Updated: Wednesday, August 5, 2015, 22:39

Seeking to ensure faster settlement of commercial disputes, Cabinet Wednesday cleared a proposal to amend the Arbitration Act which sets a fixed timeline for arbitrators to resolve cases.

Reasonable rates are key to success of GST: Government

Last Updated: Thursday, July 30, 2015, 15:50

As union cabinet approved changes to the GST Bill suggested by a Rajya Sabha committee, the government on Thursday said it is currently working on the rates to be implemented for the proposed reforms to India`s indirect tax regime.

Cabinet approves Rs 20,000-crore infra investment fund

Last Updated: Wednesday, July 29, 2015, 21:38

The Union Cabinet on Wednesday approved creation of a Rs 20,000-crore National Investment and Infrastructure Fund (NIIF), a sort of sovereign fund, for development of infrastructure projects, including the stalled ones.

Cabinet approves foreign investment in AIFs

Last Updated: Wednesday, July 29, 2015, 21:31

To attract more overseas money into the country, the Union Cabinet on Wednesday cleared a proposal allowing foreign entities to invest in Alternative Investment Funds (AIFs).