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Union Road Transport and Shipping Minister Nitin Gadkari. (Photo: PTI)

Work to start on 150 projs on Ganga by March, says Gadkari

The projects, he said, aim at containing discharge of polluted water in the river and recycling waste water to produce...

26 Oct 2017 3:06 PM IST

NITI Aayog Chief Executive Officer Amitabh Kant

Niti Aayog CEO pitches for more private sector investments in infra...

He also stressed that India needs strong bids and concession evaluation mechanism of PPP infrastructure projects.

26 Oct 2017 2:33 PM IST

Prime Minister Narendra Modi has accepted there was a slowdown in economy but also said it was temporary. (Photo: PTI)

Modi bats for consumer protection, says new law in making

The government is coming up with this new law, replacing the Consumer Protection Act 1986, said Prime Minister Narendra...

26 Oct 2017 2:19 PM IST

DIPP secreatry Ramesh Abhishek (Pics:Youtube)

GST a gamechanger for economy, teething troubles expected'

Ramesh observed that while everyone was in favour of low indirect taxes, revenue generation also needs to be factored in...

26 Oct 2017 2:08 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Recapitalisation plan positive for banks' ratings: Fitch

Govt recently announced to infuse Rs 2.1 trillion in state-run lenders over a two-year period.

26 Oct 2017 11:13 AM IST

Finance Minister Arun Jaitley

Need to harness culture of hospitality to attract tourists: Jaitley

Culture of hospitality and warmth needs to be developed in order to attract more tourists into the country.

26 Oct 2017 9:20 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Bank recapitalisation to improve credit, GDP growth: report

Govt's decision to infuse Rs 2.1 trillion of capital in PSBs could improve credit growth by up to 10 percentage point.

25 Oct 2017 6:19 PM IST

Finance Secretary Ashok Lavasa

Finance Secretary hints at increased capital expenditure by PSUs

Lavasa emphasises on need to increase public investment, for which bold steps will be taken by govt to recapitalise...

25 Oct 2017 5:35 PM IST

Chief Economic Adviser Arvind Subramanian

CEA bats for mergers in banking sector, says India should have 5-7...

Quoting former RBI Governor Y V Reddy, Subramanian said the aim must be to shrink or narrow the scope of the unviable...

25 Oct 2017 5:05 PM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Businesses can now cancel registration on GSTN

Migrated businesses with turnover up to Rs 20 lakh who have not issued invoice can cancel their registration on portal.

25 Oct 2017 4:28 PM IST

Chief Economic Advisor Arvind Subramanian

Interest burden of recap bonds to be about Rs 9,000 cr: CEA

The government's equity dilution will help banks raise about Rs 58,000 crore.

25 Oct 2017 4:19 PM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)

PSU bank recap positive for GDP growth, rupee: Goldman Sachs

The government on Tuesday unveiled a Rs 2.11 lakh crore two-year road map to strengthen NPA-hit public sector banks.

25 Oct 2017 3:24 PM IST