Sixteen companies received civil aviation ministry's no objection certificate to launch airlines in the last five years but so far only two (AirAsia India and Air Costa) have taken off during the period.
Prime Minister Narendra Modi's home state Gujarat is likely to benefit the most from his 'Make in India' programme with many big-ticket investments being planned for the western state.
The eight iron ore and manganese mines that have got express orders from the state government to run operations have been asked to obtain all statutory clearances and execute lease deeds with the government latest by November 15. The leases include four
The Rs 5,000-crore alternate investment fund (AIF) sector is relieved at a favourable ruling by the income tax tribunal.
Final guidelines are expected soon for banks to provide partial credit enhancement to bonds issued for funding of infrastructure projects by companies or Special Purpose Vehicles (SPV).
In a bid to give fillip to indigenous manufacturing of electronic products and attract investment in the sector, Gujarat government has proposed to set up 'Gujarat Electronics Mission' under the new draft Electronics Policy (2014-19) for the state.
The Union Cabinet's decision to auction cancelled coal blocks was announced by finance minister Arun Jaitley on Monday with only a passing reference that the government would protect the environment while doing so.
China's economic growth slowed in the third quarter to its weakest since the 2008 global financial crisis as a slumping property market dragged on manufacturing and investment, adding to concerns about flagging global growth.
The government promised on Monday to open up the coal industry to private players and moved closer to selling a stake in state-run Oil and Natural Gas Corp (ONGC), as Prime Minister Narendra Modi picked up the pace on economic reform days after relaxing
China's economic growth slowed in the third quarter to its weakest since the 2008-09 global financial crisis as a slumping property market dragged on manufacturing and investment, adding to concerns about flagging global growth.
In keeping with its momentum of announ-cing key policy decisions, the government on Monday said it would promulgate an ordinance to resolve issues arising out of the cancellation of coal blocks.
Taking the next step in liquefied petroleum gas (LPG) pricing reforms, the National Democratic Alliance (NDA) government has decided to cap the subsidy on domestic gas cylinders.
The Islamic State is earning about $2 million a day, or $800 million a year, selling oil on the black market, IHS Inc estimated.
The government has announced reforms in fuel pricing.
Finance minister Arun Jaitley on Monday defended the government’s decision to dilute the Rangarajan formula for pricing of natural gas.
Days after reshuffling top-level bureaucrats, the Centre on Monday transferred K P Krishnan, additional secretary (capital markets division) and director-general (directorate of currency) in the finance ministry, to the rural development ministry's
The Union commerce ministry on Monday tossed the idea free trade agreements distort business.
The government might have rushed the announcement, against cautious legal advice, on re-starting cash subsidy transfers for cooking gas (LPG).
The banking and information technology (IT) sectors saw the September hiring increase 52 and 34 per cent year-on-year (y-o-y), respectively.
We have ordered some goods from France that will first go to China for some processing and then arrive in India.