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Non-Subsidized LPG and Jet Fuel Prices Slashed
In a significant move, the government slashed the price of non-subsidized cooking gas (LPG) and aviation turbine fuel (ATF) of jet fuel price on Thursday.
The price of non-subsidized LPG was cut by Rs 43.50 per cylinder following the…
NITI Ayog to replace Planning Commission
The Planning Commission of India will be renamed as ‘NITI Ayog’, as a part of restructuring plan announced by the Prime Minister, Narendra Modi. Modi announced scrapping of Planning Commission in his first Independence Day speech in 2014.…
Sensex down 40 points and Nifty at 8,272 points
On the first day of New Year, both BSE Sensex and Nifty were down on Thursday morning trading session due to selling pressure in IT, bank and energy stocks.
At 11:15 am, the BSE Sensex traded 39 points (-0.15%) lower at 27,459.44 points.…
External Debt increases by US$ 13.7 billion in Sept’14
India’s external debt stock stood at US$ 455.9 billion in quarter ending in September 2014. In this quarter, the external debt has been increased by US$ 13.7 billion (3.1 per cent) over the level at end-March 2014.
The rise in external…
Govt. Appoints CEO & MD for 4 Nationalised Banks
As per the recommendations made by the Appointments Board chaired by the Governor of Reserve Bank of India (RBI) and the Department of Financial Services (DFS), the Ministry of Finance has announced the appointment of MD and CEO for four…
Cabinet approves Ordinance to ease Land Acquisition Act
In a significant move, the Union Cabinet on Monday under the chairmanship of Prime Minister Narendra Modi has approved to removal the clause “consent” in the land acquisition act for five purposes.
The Union Cabinet has also approved to…
Dharmendra Pradhan hails DBTL Progress in Odisha
The Petroleum and Natural Gas Minister Dharmendra Pradhan expressed his happiness over the progress of Direct Benefit Transfer for LPG (DBTL) scheme in Odisha.
In the state, 40 per cent of the LPG consumers have already enrolled in the…
Companies raise Rs 39,000 cr via Equity Market
Indian companies have fund mobilized around Rs 39,000 crore via equity market route in 2014. Companies have collected funds through the qualified institutional placements (QIPs), which is considered as the preferred way to garner capital.…
Bharti Airtel drops VoIP hike plan
India's largest telecommunications carrier by subscribers, Bharti Airtel has dropped the plan to hike the voice over internet protocol (VoIP) charges on Monday, as it announced for a hike in last week.
Following widespread complaints…
MoU for Swachha Vidyalay Abhiyan signed
Under SAIL's Corporate Social Responsibility projects, Rourkela Steel Plant (RSP) has signed a Memorandum of Understanding (MoU) with Sulabh International Social Service Organisation (SISSO) over Swachha Vidyalay Abhiyan in Rourkela.…