Govt flags deflation as new challenge for economy

Last Updated: Wednesday, September 2, 2015, 16:14

Government on Wednesday flagged deflation as a new challenge for the economy but expressed hope that the growth will be close to 8 percent in the current fiscal year, notwithstanding lower first quarter GDP number.

Govt issues norms for selection of CEOs of smaller PSBs

Last Updated: Thursday, August 20, 2015, 19:57

As per the guidelines, the selection to the top job in the PSBs would be from the existing pool of executive directors (EDs) or deputy managing directors (DMDs) in state-owned banks with a remaining service period of 2 years.

Canara Bank hands over dividend of Rs 348.81 crore to govt

Last Updated: Saturday, July 25, 2015, 16:53

Canara Bank has paid a dividend of Rs.348.81 crores to the Government of India for the financial year 2014-15.

Mechanism for public offer of govt bonds to be out soon: BSE

Last Updated: Thursday, July 9, 2015, 19:07

To encourage retail participation in government bonds, top stock exchange BSE on Thursday said that a mechanism would be in place in the next 6-9 months for a 'public offer' of such debt instrument.

Congress allegation on social sector spend jugglery of figures: FM

Last Updated: Tuesday, May 26, 2015, 22:27

Union Finance Minister Arun Jaitley termed as "mere jugglery of figures" the Congress' claim of drastic cuts in the social sector spending by the government.

NSE to auction govt debt worth Rs 2,684 crore on Monday

Last Updated: Friday, May 15, 2015, 22:10

Investment limits for government debt securities worth Rs 2,684 crore will be auctioned for overseas investors on the National Stock Exchange (NSE) on Monday.

Real Estate Bill to be taken up by Rajya Sabha today

Last Updated: Thursday, May 7, 2015, 08:58

A united Opposition on Wednesday forced government to send the controversial Real Estate Bill that seeks to regulate realty business, to a 21-member select committee of Rajya Sabha, which has been asked to submit its report by the first week of the Monsoon Session.

Rajya Sabha likely to witness heated debate over Real Estate bill today

Last Updated: Tuesday, May 5, 2015, 09:10

While Congress' opposition to the bill has become even more aggressive in last four-five days, the government seems to be working to garner the support of some regional parties to pass the bill.

Centre rejects Odisha's request, for auction route for Posco

Last Updated: Thursday, April 9, 2015, 21:07

The Centre has rejected the Odisha government's request to consider its recommendation of granting prospecting license (PL) over Khandadhar iron ore reserve in favour of Posco India which proposed to set up a Rs 52,000 crore steel facility near Paradip.

Govt announces open source software policy

Last Updated: Monday, March 30, 2015, 20:31

The policy shall be applicable to Central government organisations and and those State governments that choose to adopt this policy, an official statement said.

SFIO registered 107 ponzi cases in 2 years: Govt

Last Updated: Tuesday, March 17, 2015, 18:02

As many as 107 cases for allegedly running ponzi schemes have been referred to the Serious Fraud Investigation Office (SFIO) for investigation in over two years, Parliament was informed on Tuesday.