New Delhi : The BJP on Thursday accused former Law Minister and Congress leader Kapil Sibal of being involved in a "land scam" claiming that he bought a piece of land in Delhi worth crores for a "very small price" from an accused in a money laundering case. Referring...
Mumbai : The Reserve Bank of India (RBI) has announced special measures for transaction of central and state government business by banks handling government accounts on March 31 in view of the closing of the financial year on that day. In a release late on Tuesday,...
New Delhi : The Delhi Assembly on Tuesday passed the Rs 53,000 crore "green" Budget for 2018-19, with the maximum share for education and health in allocations and a focus on fighting pollution, including commissioning of 1,000 electric buses and subsidies for...
New Delhi : The Central government will guarantee the Rs 5,000 crore bond issue by the Indian Railway Finance Corporation (IRFC) to be subscribed by state-run Life Insurance Corporation (LIC) according to an official announcement on Monday. A Finance Ministry release...
By Saurabh Katkurwar, New Delhi : The Narendra Modi government's flagship crop insurance scheme, launched with much fanfare two years ago, has witnessed negative growth this year as the coverage has reduced to 24 per cent of gross cropped area (GCA) in 2017-18 from 30...
By Arun Kumar Das, New Delhi : Faced with massive cost-overruns and procedural wrangles over certain projects, Indian Railways has decided against approving any works above Rs 50 crore without a detailed project report (DPR). All works costing above Rs 50 crore shall...
New Delhi : Saudi Arabia's permission for overflight of Air India's new service between New Delhi and Tel Aviv has shown "a new image of India", Commerce and Industries and Civil Aviation Minister Suresh Prabhu said on Friday. While addressing the CII northern region...
New Delhi : Minister of State for External Affairs M.J. Akbar on Thursday said that shared prosperity is the key to peace in the Indo-Pacific region, which has emerged as the most prominent source of prosperity in the world. Delivering the keynote address at a...
New Delhi : Parliament on Thursday passed The Payment of Gratuity (Amendment) Bill which seeks to empower the government to fix the period of maternity leave and the tax-free gratuity amount with an executive order. The Bill got Parliament's approval after it was...
By Arun Kumar Das, New Delhi : Five leading global loco makers have joined the bidding in Indian Railways Rs 5,000 crore tender for the manufacture of 200 high horse power electric locomotives to be pressed into service for heavy haulage in the Western Dedicated...