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Government of India

Government infuses Rs 1,650 crore in RINL to keep it as a going concern

Government infuses Rs 1,650 crore in RINL to keep it as a going concern

Sun, Nov 03, 2024

The government has infused around Rs 1,650 crore in state-owned RINL, gripped with operational and financial issues, according to an official document.

Government reshuffles secretaries in several ministries including finance, commerce and defence

Government reshuffles secretaries in several ministries including finance, commerce and defence

Fri, Aug 16, 2024

The Appointments Committee of the Cabinet (ACC) has cleared a series of high-profile bureaucratic appointments in various ministries, marking a reshuffling of leadership in key departments. The latest appointments, which include new postings across finance, defence, and minority affairs, reflect the government's emphasis on experience and continuity.

Government monetises Rs 1.56 lakh crore assets in FY24, falls short of Rs 1.8 lakh crore target

Government monetises Rs 1.56 lakh crore assets in FY24, falls short of Rs 1.8 lakh crore target

Wed, Jun 19, 2024

Under the NMP, the aggregate monetisation potential of the central government's brownfield infrastructure assets has been estimated at Rs 6 lakh crore over a four-year period, from FY22 to FY25.

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Budget 2017: IT companies expect govt to support R&D practices, Digital India, tax rebates

Budget 2017: IT companies expect govt to support R&D practices, Digital India, tax rebates

Fri, Jan 27, 2017

IT companies expect the government to announce support for research and development (R&D) practices, Digital India, tax rebates and concessions for new-age technological innovations, among others in Budget 2017.

From reviving consumption to creating jobs: These are 5 key themes of Modi's Budget 2017

From reviving consumption to creating jobs: These are 5 key themes of Modi's Budget 2017

Fri, Jan 27, 2017

Budget 2017 will be based on five key themes right from reviving the capex cycle, rural economy to creating jobs.

Budget 2017: Govt should announce policies to support sectors with immense job growth potential, says Crisil

Budget 2017: Govt should announce policies to support sectors with immense job growth potential, says Crisil

Fri, Jan 27, 2017

Crisil expects government to announce supportive policies sectors in Budget 2017 to create jobs.

NPCI launches updated 1.2 version of BHIM app on Google Play Store; to be available in 7 new languages

NPCI launches updated 1.2 version of BHIM app on Google Play Store; to be available in 7 new languages

Wed, Jan 25, 2017

The National Payments Corporation of India (NPCI) on Wednesday launched second updated version 1.2 of Bharat Interface for Money (BHIM) app on Google Play Store for Android phone users.

Budget 2017: Realty expects increase in tax deduction limit on home loans, clarity on GST tax rate, others

Budget 2017: Realty expects increase in tax deduction limit on home loans, clarity on GST tax rate, others

Wed, Jan 25, 2017

Find out what India's real estate players expect from the government's Budget 2017.

GST's toll-free helpline number receives 80% calls from SMEs, startups

GST's toll-free helpline number receives 80% calls from SMEs, startups

Tue, Jan 24, 2017

India's SMEs and startup companies are anxious about the government's implementation of GST and its impact on the sectors.

Budget 2017: ICRA expects government to keep fiscal deficit target of lower than 3.5% of GDP for FY18

Budget 2017: ICRA expects government to keep fiscal deficit target of lower than 3.5% of GDP for FY18

Tue, Jan 24, 2017

As the Government of India prepares to announce its Union Budget 2017-18 in February, its unlikely to budget a fiscal deficit target higher than 3.5% of gross domestic product (GDP) for the fiscal year 2017-18 (FY18), said ICRA in its latest report on Budget 2017 expectations.

Budget 2017: Payment gateway cos expect govt to offer incentives, tax breaks & exemptions to boost digital transactions

Budget 2017: Payment gateway cos expect govt to offer incentives, tax breaks & exemptions to boost digital transactions

Mon, Jan 23, 2017

Find out what are Budget 2017 expectations of payment gateway companies like Telr, Payoneer, Atom Technologies, TechProcess Payment Services, RazorPay, Chillr, Happay and PayU India.

Government's CPSE ETF receives bids of approximately Rs 12,000 crore

Government's CPSE ETF receives bids of approximately Rs 12,000 crore

Fri, Jan 20, 2017

The further fund offer (FFO) of CPSE has received bids of approximately Rs 12,000 crore over two and half times the base issue size of Rs 4,500 crore.

India attends international task-force meet on Panama Papers in Paris

India attends international task-force meet on Panama Papers in Paris

Fri, Jan 20, 2017

The Government of India announced on Friday of its participation in the Joint International Taskforce on Shared Intelligence and Collaboration (JITSIC) meeting on Panama Papers held in Paris on January 16 and 17.

State Bank of India issues shares to Govt; raises Rs 5681 crore

State Bank of India issues shares to Govt; raises Rs 5681 crore

Fri, Jan 20, 2017

SBI said, "The committee of director for capital raising considered accorded approval by circulation to allot Rs 21,07,27,400 equity shares, ranking pari-passu with the existing shares of SBI in all respects with a consideration of Rs 5681 crore."

Over 3 lakh consumers & 20,000 merchants receive prizes worth nearly Rs 61 crore in govt's digital payment schemes

Over 3 lakh consumers & 20,000 merchants receive prizes worth nearly Rs 61 crore in govt's digital payment schemes

Thu, Jan 19, 2017

Over 3 lakh consumers and more than 20,000 merchants have received prizes worth nearly Rs 61 crore at the government's recently started digital payments scheme titled 'Digi-Dhan Melas'.

Demonetisation or not, new notes were needed anyway: RBI

Demonetisation or not, new notes were needed anyway: RBI

Wed, Jan 11, 2017

The Government of India's recent demonetisation decision, which grabbed news headlines across media resulting in cash crunch and chaos across the country last year, was in the making since 2014.

Finance Ministry clears 29 investment proposals worth Rs 2.11 lakh crore

Finance Ministry clears 29 investment proposals worth Rs 2.11 lakh crore

Wed, Jan 04, 2017

Expenditure Finance Commission (EFC) under the Ministry of Finance cleared 29 proposals of various ministries involving expenditure of about Rs 2.11 lakh crore during the last year.

Power Minister Piyush Goyal launches web portal, mobile app for UDAY scheme

Power Minister Piyush Goyal launches web portal, mobile app for UDAY scheme

Wed, Jan 04, 2017

With an aim to protect state power distribution companies suffering financial losses and to boost their operational revenues, Minister of State with Independent Charge for Power, Coal, New and Renewable Energy and Mines Piyush Goyal on Wednesday launched the web portal and the mobile app for UDAY

Here's full text of PM Narendra Modi's New Year's address to nation

Here's full text of PM Narendra Modi's New Year's address to nation

Sun, Jan 01, 2017

Prime Minister Narendra Modi in his televised speech on Saturday announced a series of incentives to the poor, farmers, women and small businesses in a New Year`s address, and defended his recent decision to abolish high denomination bank notes, according to Reuters report.

Tax treaties India signed in 2016 to curb black money

Tax treaties India signed in 2016 to curb black money

Sat, Dec 31, 2016

In order to curb black money being routed by companies through their investments, the Government of India amended its tax treaties with several countries in 2016.

Tax Dispute Resolution Scheme: Government extends deadline to January 31, 2017

Tax Dispute Resolution Scheme: Government extends deadline to January 31, 2017

Fri, Dec 30, 2016

The DRS which came into force on June 01, 2016, aimed on settling pending disputes with the Commissioner of Income Tax (Appeals). It covers two kinds of litigation.

Govt gives additional grace period of 60 days to farmers to pay crop loan

Govt gives additional grace period of 60 days to farmers to pay crop loan

Mon, Dec 26, 2016

This benefit does not accrue to those farmers who repay after one year of availing such loans.

Now use Ola Money to pay for fuel, LPG at Bharat Petroleum outlets

Now use Ola Money to pay for fuel, LPG at Bharat Petroleum outlets

Mon, Dec 26, 2016

In an attempt to achieve the government's vision of Digital India, mobile payments wallet company Ola Money on Monday announced its partnership with Bharat Petroleum Corporation Ltd (BPCL).

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