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It is, however, expected that around 10 lakh electric two-wheelers will also get subsidy under FAME-II.

Cabinet set to clear Rs 10,000 crore EV scheme

The Phase II of the scheme was revamped by the expenditure finance committee in a meeting held on Monday.

28 Feb 2019 6:33 AM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi's not fit and proper' norm applies to all 300

The Sebi order, however, considers NSEL's conduct so heinous that any association with it makes one not fit and proper.

28 Feb 2019 1:05 AM IST

Aided by technology tools, continuous assessment of the entire team is no longer an arduous task for the human resource (HR) managers. (Representative image)

Human Resource assessment no longer annual

The tool also collates continuous feedback from the stakeholders from e-mail interactions and other sources.

28 Feb 2019 1:01 AM IST

Convenience in terms of flexibility of timing and availability of multiple options/brands are top two reasons why consumers prefer to buy ACs online.

Online purchase hits dealer sales of ACs

Kotak finds that manufacturers will have to maintain a balance between online and offline channels as it cannot afford...

28 Feb 2019 12:37 AM IST

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

Bank recap may not mean faster loan growth

The agency noted that the authorities' approach to the banking sector has clearly shifted towards spurring lending in...

28 Feb 2019 12:32 AM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Stand by spectrum pricing, industry decides tariff: Trai Chairman

Trai chairman rejected argument around low tariffs resulting in a loss to government revenue.

27 Feb 2019 6:26 PM IST

Under FATCA income tax department received data for calendar year 2016 from 39 countries covering nearly 1.2 lakhs persons. (Photo: ANI)

Must know facts before you take a joint loan

Taking a joint home loan with a lady co-borrower like your own wife, mother or sister can fetch alluring concessional...

27 Feb 2019 6:11 PM IST

The Delhi Court on Wednesday sought the Centres and tax authority CBDTs response on a plea opposing the requirement of quoting Aadhaar number or linking it with PAN in e-filing tax returns.

Payments industry wants RBI to allow facial recognition software to...

Industry is also keen on having a flexibility in regulations, where small value transactions using PPIs should not need...

27 Feb 2019 5:37 PM IST

Cement offtake has continued to remain weak in H1 FY2018 because of factors such as weak real estate activity.

Domestic cement sector to see modest growth in FY20: report

Between 2008 and 2018, cement demand increased at 6.15 pc CAGR, while capacity increased at 9 per cent CAGR.

27 Feb 2019 5:22 PM IST

Indian Oil Corporation

IWAI, IOC sign MoU on fuel needs for waterways

A total of 106 new national waterways have been declared in addition to existing five national waterways.

27 Feb 2019 3:19 PM IST

Aruna Sundararajan

DoT to carefully study issue around Chinese telecom gear makers

On the issue of 5G trials, Sundararajan said a committee has been set up to come up with a framework for the said...

27 Feb 2019 3:16 PM IST

According to the World Steel Association, India produced 8.4 million tonnes of crude steel in February 2018, up 3.4 per cent over February 2017.

Crude steel output in India at 9.18 million tonne in January: report

The country had produced 9.354 MT during the same month in 2018, according to world steel's latest report.

27 Feb 2019 1:39 PM IST