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Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

Govt raises gas prices to 2-year high of USD 3.06 per million

Hike would increase the cost of domestic gas-based power generation by about 3 per cent.

29 March 2018 4:55 PM IST

Income Tax department

I-T Department publicly names defaulters owing Rs 490 cr taxes

Some of the defaulters on the list have not paid their taxes for the assessment year 1989-90.

29 March 2018 4:10 PM IST

ICICI Banks USD 7.5 billion global medium-term notes programme.

RBI imposes Rs 59 cr fine on ICICI Bank for violating securities sale...

The RBI allows banks to sell securities from HTM subject to certain limits and disclosure rules.

29 March 2018 2:30 PM IST

At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

DoT asks cos to vacate higher frequency band apt for 5G in 6 months

Government has given option to companies to migrate their services to other bands like 2.7-2.9 Ghz, 5 Ghz band etc.

29 March 2018 1:38 PM IST

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

Govt keeps small savings interest rates unchanged

Interest rate for the five-year Senior Citizens Savings Scheme has been retained at 8.3 per cent.

29 March 2018 12:54 PM IST

Uber Technologies Incs warring board members have agreed to investment by SoftBank Group Corp in the ride-services company. (Photo: AFP)

Softbank reviving Ola-Uber India merger talks

India is already among the top three markets for Uber after the US and Latin America.

29 March 2018 12:24 PM IST

Manish Patel admitted to presenting a forged Indian passport to Border Patrol agents. (Photo: Representational/PTI)

PSBs asked to get passport details for loans of Rs 50 cr and above:...

In Oct 2017, govt announced recapitalisation of PSBs to tune of Rs 2.11 lakh cr over current and next financial year.

29 March 2018 12:00 PM IST

Finance Minister Arun Jaitley will unveil the Union Budget 2018 on Thursday. (Photo: PTI)

Govt collects over Rs 1 lakh cr through PSU disinvestment: Jaitley

So far, Department of Investment and Public Asset Management has raised Rs 1,00,056 crore through disinvestment.

29 March 2018 11:44 AM IST

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

CCEA nod to bear expenses for employee's pension contribution for 3...

Under this, the govt pays the 8.33 per cent contribution of employers to the Employees' Pension Scheme.

29 March 2018 11:31 AM IST

Finance Ministry

Centre, ADB ink USD 80 million loan deal

Deal to help modernise technical and vocational education and training institutions and improve the skills ecosystem.

29 March 2018 10:49 AM IST

Sugar production in India, the worlds second largest producer, is estimated to be lower at over 21 million tonnes this year.

Govt allows export of 2 million tonnes of sugar

Sugar mills owe Rs 13,899 crore to sugarcane growers as on March 21, according to official data.

29 March 2018 10:40 AM IST

Reverse side will bear the picture of Takht Shri Harimandir Ji Patna Sahib in the centre.

Rs 350 coin to mark birth anniversary of Guru Gobind Singh

Coin with standard weight of 35 gram will have 50 per cent silver, 40 per cent copper and 5 per cent each of nickel and...

29 March 2018 10:21 AM IST