Government

Exclusive: India may need to pump $20 billion into..

By Nupur Anand and Manoj Kumar MUMBAI/NEW DELHI - India may need to inject up to 1.5 trillion rupees ($19.81 billion) into its state-owned lenders as their pile ..

Government postpones strategic sale of BPCL for se..

The government has further extended the deadline for bidding to buy its entire 52.98 per cent stake in the country's second-biggest oil refiner, Bharat Petroleum Corp..

NCLT approves IL&FS stake sale in GIFT City to Guj..

The Principal Bench of National Company Law Tribunal (NCLT) has approved the stake sale of IL&FS in Gujarat International Finance Tec-City Company Limited (GIFTCL) to..

Only lead agency may be allowed to probe corporate..

Government proposes to further streamline and simplify the processes to deal with corporate and tax related frauds by identifying and instituting lead investigating agenc..

Stranded in India and want to fly out? Here`s all ..

Six days after the beginning of lockdown 4.0, the Indian government on Sunday came up with new Standard Operating Protocol (SOP) to fly out those who are stranded in Indi..

Cancellations might spike, as confusions prevail o..

Air passengers, who booked tickets for domestic flights starting May 25, were seen harried as confusion prevailed on Saturday regarding various state governments' fli..

GoM to meet Saturday to discuss economic situation

A meeting of a Group of Ministers will take place at the residence of Defence Minister Rajnath Singh at 5 p.m. on Saturday. This is the second such meeting of the m..

Government launches five initiatives on Internatio..

In a virtual celebration of the International Day for Biological Diversity, Union Environment, Forest, and Climate Change Minister Prakash Javadekar on Friday launched fi..

Government allows banks to buy securities of low-r..

In a bid to provide liquidity to NBFCs and HFCs with low credit ratings, the government has approved Partial Credit Guarantee Scheme (PCGS) 2.0 to address temporary cash ..

Indian airlines can resume one-third of operations..

NEW DELHI - India on Thursday said airlines can resume about one-third of their operations from May 25, two months after the country imposed a ban on air travel as ..

GST council may extend compensation cess levy beyo..

Faced with a sharp decline in GST collections due lockdown and disruptions in economic activities across the country, the government is looking at paying GST compensation..

Subdued demand, sufficient coal stocks may dampen ..

The Government move to end Coal India's monopoly in coal mining by allowing commercial miners in the sector may not attract the requisite participation from domestic ..