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Cabinet

Cabinet Removes Bank Guarantee Requirement for Spectrum

Cabinet Removes Bank Guarantee Requirement for Spectrum

Tue, Nov 26, 2024

The Indian Cabinet has announced a significant policy change, removing the need for large bank guarantees against previously purchased spectrum. This move is expected to benefit telecom companies, including Vodafone Idea, which saw a gain of up to 18% following the announcement. In this video, we break down the implications of this decision on the telecom industry, its impact on companies, and the potential long-term effects on the sector.

Cabinet approves five major infra projects: 3 metros at Bengaluru, Pune, Thane and airports at Bagdogra in West Bengal and Bihta in Bihar

Cabinet approves five major infra projects: 3 metros at Bengaluru, Pune, Thane and airports at Bagdogra in West Bengal and Bihta in Bihar

Fri, Aug 16, 2024

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a series of high-impact projects, including the expansion of metro networks in Bengaluru, Thane, and Pune, alongside the development of Bagdogra airport, West Bengal and an army airport into a civilian airport at Bihta, Bihar.

Union Cabinet approves metro rail projects in Pune, Thane, Bengaluru

Union Cabinet approves metro rail projects in Pune, Thane, Bengaluru

Fri, Aug 16, 2024

The Union Cabinet on Friday approved metro rail projects in Pune and Thane in assembly poll-bound Maharashtra, and in Karnartaka capital Bengaluru. The Cabinet, in a meeting chaired by Prime Minister Narendra Modi, has approved two corridors of the Bangalore Metro Rail Project Phase-3, according to Union minister Ashwini Vaishnaw.

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Uttar Pradesh waives farm loans, to shut some illegal abattoirs

Uttar Pradesh waives farm loans, to shut some illegal abattoirs

Wed, Apr 05, 2017

India`s most populous state, Uttar Pradesh, said on Tuesday it was waiving $5.6 billion of loans to help millions of farmers reeling from losses after unfavourable weather in the past few years hit their crops.

EPFO to discuss making PF optional for apparel workers

EPFO to discuss making PF optional for apparel workers

Thu, Mar 23, 2017

Earlier last year in June, the Centre has brought a package for the textile and apparel sector which was later extended to made-ups also in December 2016.

7th Pay Commission: Govt clears additional 2% Dearness Allowance; read full details

7th Pay Commission: Govt clears additional 2% Dearness Allowance; read full details

Thu, Mar 16, 2017

Prime Minister Narendra Modi chaired Union Cabinet on Wednesday March 15, 2017 that approved the release of additional 2% Dearness Allowance (DA) to all central government employees under the 7th Pay Commission recommendations.

Cabinet approves additional 2% dearness allowance for govt employees, pensioners

Cabinet approves additional 2% dearness allowance for govt employees, pensioners

Wed, Mar 15, 2017

It has increased by 2% over the existing rate of 2% of the basic pay or pension, to compensate for price rise, said the government.

Merger plan: SBI, 3 associates inform Cabinet nod to exchanges

Merger plan: SBI, 3 associates inform Cabinet nod to exchanges

Thu, Feb 16, 2017

State Bank of India (SBI) and three of its listed subsidiaries today informed the exchanges the Cabinet approval on the planned merger of associates with the parent bank.

Budget on Feb 1, no announcements for poll bound states

Budget on Feb 1, no announcements for poll bound states

Wed, Jan 18, 2017

"Budget presentation on February 1 is a done deal, we will not make any specific announcement for poll-bound states," a top source said.

WATCH: Top 5 stories of this afternoon; From NSE Nifty nearing 8,050-mark to NITI Aayog suggesting 7% custom duty on manufacturing

WATCH: Top 5 stories of this afternoon; From NSE Nifty nearing 8,050-mark to NITI Aayog suggesting 7% custom duty on manufacturing

Wed, Dec 28, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments.

Cabinet approves ordinance; jail-term for holding old currency post March 31, 2017

Cabinet approves ordinance; jail-term for holding old currency post March 31, 2017

Wed, Dec 28, 2016

Cabinet on Wedneday passed an Ordinance making it illegal for any citizen to keep demonetised notes of Rs 500 and Rs 1000 in their possession.

WATCH: Top 5 stories of this morning; From upcoming budget likely to provide relief in direct, corporate taxes to Cabinet to make ordinance on old note holders today

WATCH: Top 5 stories of this morning; From upcoming budget likely to provide relief in direct, corporate taxes to Cabinet to make ordinance on old note holders today

Wed, Dec 28, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments.

Notes Ban: Govt likely to come up with ordinance before Cabinet today

Notes Ban: Govt likely to come up with ordinance before Cabinet today

Wed, Dec 28, 2016

In an attempt to put an end to the liability of the government and the Reserve Bank of India (RBI) on the demonetised high value notes, the government is likely to come up with an ordinance before the Union Cabinet on Wednesday, PTI reported on Tuesday.

You won't be able to hold old Rs 500, Rs 1000 notes as souvenirs if Modi Govt has its way

You won't be able to hold old Rs 500, Rs 1000 notes as souvenirs if Modi Govt has its way

Tue, Dec 27, 2016

Modi Government is planning to prepare an ordinance to impose penalties on anyone possessing old notes beyond December 30, 2016, PTI reported on Tuesday.

Japan's Shinzo Abe to meet Trump amid cabinet-building efforts

Japan's Shinzo Abe to meet Trump amid cabinet-building efforts

Thu, Nov 17, 2016

The meeting will come as Trump during his campaign said that Japan might want to become a nuclear power to counter North Korean and suggested pulling US troops from the region.

Cabinet may consider Budget on February 1 this week

Cabinet may consider Budget on February 1 this week

Tue, Oct 18, 2016

The Cabinet is likely to consider this week fixing February 1 as date of presentation of the budget after the Election Commission gave its nod in light of upcoming Assembly elections in five states.

Cabinet approves Russian oil deal: OVL’s 11% stake in Vankorneft to create ‘Energy bridge,’ says Pradhan

Cabinet approves Russian oil deal: OVL’s 11% stake in Vankorneft to create ‘Energy bridge,’ says Pradhan

Wed, Oct 05, 2016

Union Cabinet on Wednesday approved ONGC Videsh Limited (OVL)'s acquisition of 11% stake in Russian oil company, Vankorneft.

Cabinet approves over Rs 5,100 crore grant to GAIL for gas infrastructure in East India

Cabinet approves over Rs 5,100 crore grant to GAIL for gas infrastructure in East India

Thu, Sep 22, 2016

The total cost of the project is estimated to be Rs 12,940 crore to GAIL.

Heavy Industries Ministry to seek approval for disinvestment of Scooters India

Heavy Industries Ministry to seek approval for disinvestment of Scooters India

Sun, Sep 04, 2016

Despite Government's revival attempts including sanctioning a "financial package", Scooters India continued incurring losses over a long period and eventually was declared "sick".

Cabinet approves bill to ban commercial surrogacy

Cabinet approves bill to ban commercial surrogacy

Wed, Aug 24, 2016

The Cabinet has given its approval for the introduction of the surrogacy bill on Wednesday. In an attempt to end commercial surrogacy the Cabinet seeks to regulate surrogate pregnancies in India, after it has emerged as a ‘surrogacy hub.’

Rajya Sabha passes maternity benefit bill; paid maternity for 6 months now becomes a law

Rajya Sabha passes maternity benefit bill; paid maternity for 6 months now becomes a law

Thu, Aug 11, 2016

The bill passed by Rajya Sabha has many new amendments including increase of maternity leave from 12 weeks to 26 weeks.

Factories Bill amendment to increase overtime hours gets cabinet approval

Factories Bill amendment to increase overtime hours gets cabinet approval

Wed, Aug 10, 2016

This was on a day the Lok Sabha passed The Factories (Amendment) Bill, 2016, that seeks to enhance the working overtime hours.

Cabinet approves amendments to Maternity Benefit Act

Cabinet approves amendments to Maternity Benefit Act

Wed, Aug 10, 2016

The maternity benefit act which seeks to extend maternity leave from 12 to 26 weeks along with other amendments to the initial act has finally been approved by the cabinet. The amendments will be taken up in the Monsoon Session of the parliament in the Rajya Sabha on Thursday.

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