- 14 Feb 1612:57 PMThe government is likely to come up with a benign tax regime for the diamond sector in special notified zone (SNZ) with a view to help India become a hub of international trading of the precious stone.12:42 PMAfter three failed attempts, the government has dumped its headhunter PESB and instead will use a search committee to find a chief for Oil India Ltd, the nation's second biggest state-owned oil and gas explorer.12:32 PMThe country's first-ever policy for the capital goods sector will be placed before the Cabinet for approval this month, a senior official told PTI.12:32 PMA day after his 'policy paralysis' jibe at Manmohan Singh, Finance Minister Arun Jaitley today said the Congress leader did a "great job" as a Finance Minister, but reforms process stopped after he became the Prime Minister.11:53 AMWhile wooing investors at the Make in India summit here, the government of Maharashtra termed the state as "Investor Magnet".11:02 AMSector watchdog Trai will set inter-connection charges for Voice over Internet Protocol (VoIP) calls once the Department of Telecom (DoT) amends the relevant clause of the Unified Licence framework.10:40 AMMaharashtra government and Japan have finalised an agreement under which the Japanese will fund 80% of the Rs 17,750 crore trans-harbour project connecting Mumbai and Navi Mumbai and two more lanes into the six-lane project.10:32 AMImplementation of the Seventh Pay Commission recommendations is likely to exert pressure on the government's fiscal finances and inflation trajectory going forward, says a Deutsche Bank report.10:22 AMSouth Korea today defended its decision to abruptly pull out of an inter-Korean industrial zone, claiming 70 per cent of wages for North Korean workers were for years used to fund Pyongyang's nuclear and missile development.10:13 AMIn a bid to revive textiles sector, the government is looking to revive defunct textiles parks for which it has started drawing up plans in consultation with respective state governments.
- 13 Feb 1611:05 PMPrime Minister Narendra Modi on Saturday promised more economic reforms and a stable tax regime so as to take manufacturing’s share in the gross domestic product to 25 per cent in the near future.09:02 PMKuwait Petroleum International said on Saturday oil prices could reach a range of $50 to $60 a barrel by mid-2017, the official state news agency reported.07:18 PMWelcoming friends from abroad, industry captains, ministers and the audience in general to the Make in India Week, Prime Minister Narendra Modi said that 65 per cent of the Indian populaton is under age 35. Youthful energy is the country'sgreatest12:58 AMFinance Minister Arun Jaitley said the government was considering steps to empower banks to recover bad loans, a day after a major sell-off in the stock market and a number of public sector banks reporting shrinking profits.12:40 AMIndustrial output fell for the second consecutive month, dipping 1.3 per cent in December, government data showed on Friday. The pace of contraction, though, decelerated from 3.4 per cent in November, the sharpest decline in four years.12:36 AMBeing home to Bollywood, Mumbai is quite used to extravaganzas. But the financial capital of India will wake up on Saturday to what is being described as the mother of all events — Make in India Week.12:25 AMThe Union Government is planning to project the country's business potential, even as global economies struggle to grow.12:23 AMThe Maharashtra government is ready to roll out the red carpet to investors during the Make in India week.
- 12 Feb 1608:06 PMIn a bid to promote information technology (IT) and IT enable services (ITeS) in the state, Gujarat government has announced new IT policy for the 2016-2021. Apart from aiming at 10 times more investment in IT sector, the state government is eyeing one07:30 PMThe Centre has sought 15,000 acres from the Maharashtra government to set up a mega refinery in the state, Minister of Petroleum and natural gas Dharmendra Pradhan said here on Friday.