Mumbai : Not just fiscal policy support but a structural one is needed to ease the massive debt burden which is "slowly strangulating" the telecom sector, opined experts. Industry observers stated that at stake is not only the telcos ability to employ manpower and...
By Milinda Ghosh Roy, Kolkata : In a bid to showcase internationally the city's rich heritage and passion for football, the West Bengal government has come up with a bouquet of initiatives, from guided tours to screening short documentaries, during the U-17 World Cup...
Chandigarh : The Centre on Thursday sanctioned a Cash Credit Limit (CCL) of Rs 28,262.84 crore for paddy procurement in Punjab this kharif season that will last till October-end, official sources said. Chief Minister Amarinder Singh's personal intervention in the...
Mumbai : Securities market regulator Sebi on Thursday said that a committe formed by it to look into corporate governance has recommended a minimum of six directors on the board of listed firms. The recommendation was made by a committee formed by Sebi on corporate...
New Delhi : Recent reports that Tata Teleservices is headed for closure has once again underlined the tremendous stress India's telecom sector is under -- and the need for quick government intervention to bail out what was once a booming business. The fate of Tata...
Mumbai : Belying industry expectations, RBI maintained its hawkish stand on Wednesday refusing to cut rates in view of the rising inflationary pressure and concerns over "fiscal slippage". Holding its key interest rate unchanged at 6 per cent, the central bank,...
New Delhi : Finance Minister Arun Jaitley will soon write to all state Chief Ministers urging them to cut sales tax, or value added tax (VAT), on petrol an diesel, Petroleum Minister Dharmendra Pradhan said on Wednesday. "We have proactively cut excise duty. Now it is...
New Delhi : As AAP leaders continued to oppose the proposed Metro fair hike, Delhi Chief Minister Arvind Kejriwal on Tuesday asked Delhi government representatives in the Delhi Metro Rail Corporation (DMRC) Board to call for an emergency meeting over the matter. The...
New Delhi : Under all round attack on rising fuel prices, the government on Tuesday decided to slash the excise duty on petrol and diesel by Rs 2 per litre -- effective Wednesday -- to cushion the impact of rise in international crude prices, in a decision that will...
By Arul Louis, United Nations : The threat to jobs from automation was overstated and "robophobia" should not deter countries from adopting a manufacturing and exports based strategy for rapid economic growth, according former Niti Aayog vice chairperson, Arvind...