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Prime Minister Narendra Modi speaks in the Lok Sabha on no-confidence motion during the Monsoon Session of Parliament. (Photo: PTI via AP)

FICCI welcomes Narendra Modi's effort to restore private sector

Modi acknowledged the contribution of industries in national growth, while refusing to accept ill-treatment of...

30 July 2018 3:07 PM IST

Prakash Javadekar, Union minister (Photo: PTI | File)

Govt says only Letter of Intent issued to Jio Institute

Jio Institute is to be set up by the Reliance Foundation Institution of Education and Research.

30 July 2018 2:47 PM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Govt taking steps to cut logistics hurdles for trade: Prabhu

Logistics industry is estimated at around USD 215 billion, which is growing at over 10 per cent annually.

30 July 2018 2:19 PM IST

The growth of eight core sectors slowed to 3-month low of 4.1 per cent in March due to weak performance in as many as six sectors including coal, crude oil and natural gas.

Govt to launch 2nd oil, gas field auction on August 9

Of the 60 fields which will be up for auctions, 22 fields belong to ONGC, 5 to OIL and 12 are relinquished discovered...

30 July 2018 1:51 PM IST

Beijing will shut around 1,000 manufacturing firms by 2020 as part of a programme aimed at curbing smog and boosting income. (Photo: AP)

Beijing to shut 1,000 manufacturing firms by 2020: report

The city has already rejected registration applications from 19,500 firms.

30 July 2018 12:44 PM IST

We see a very positive scenario for infrastructure segment with extra investment lined in for all areas of core infrastructure such as roads, metro rail, expressway, airports and expansion on existing highways: Nitin Lall

India's infra deficit too large, will take time to be eliminated: S&P

Government estimates infrastructure investment of USD 4.5 trillion will be needed through 2040.

30 July 2018 12:38 PM IST

So here we bring to you a list of to-dos to ensure a budgeted online shopping from the comfort of your homes:

India plans single regulator for e-commerce sector: report

Federal government has indicated it aims to remove the legal fragmentation governing the e-commerce sector.

30 July 2018 12:12 PM IST

Moodys upgrading Indias sovereign credit rating is a recognition of a series of reforms undertaken by the government, Commerce and Industry Minister Suresh Prabhu said on Friday. (Photo: AFP)

Recent GST rate cut credit negative, says rating agency Moody's

GST Council, last week cut tax rates on white goods as well as various handicrafts items and paints.

30 July 2018 11:54 AM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Rs 15,167 crore policies lie unclaimed: Irdai

Insurance regulator Irdai has already asked insurers to take steps to identify the policyholders or beneficiaries and...

30 July 2018 12:46 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST benefits held on vague ground

To ensure that the prices are reduced, the anti-profiteering authority was set up in November last.

30 July 2018 12:39 AM IST

Indian Railways is not looking at more funds in the upcoming Union Budget for 2018-19 as it is focused on monetising assets within, Railway Minister Piyush Goyal said. (Photo: PTI)

Coal import call by power ministry temporary: Piyush Goyal

Coal production had registered a 15.2 per cent growth during the first quarter ended June 2018.

29 July 2018 2:11 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Rs 15,167 crore unclaimed money of policyholders lying with insurers

The insurers have to update information regarding unclaimed amounts on their websites on half-yearly basis.

29 July 2018 12:21 PM IST