The Railway Ministry plans to foray into radio broadcast to provide free onboard and customised entertainment across all trains in order to boost its advertising revenue.
Government is reviewing FTAs that India has signed with trading partners after the industry voiced concerns about benefits of these pacts for domestic players.
The overall punctuality rate of the railways has increased to 82.09 percent in August from 81.62 percent in the corresponding period last year.
The government had in July announced that it will pay its employees arrears arising out of implementation of the 7th Pay Commission award at one go in August salary.
Terming April 1, a very stiff target, Finance Minister Arun Jaitley on Wednesday said the government is "running against time" for the implementation of GST, but added that he would certainly like to give it a try.
India is on the path of becoming a "pivot" for high-tech world manufacturing even as global manufacturing growth is expected to remain low in 2016 due to weakened financial support for productive activities, a new UN report said.
The top economic policy priorities for the Indian government are to pass a planned Goods and Services Tax, to revive the banking sector and get stalled infrastructure projects moving, Finance Minister Arun Jaitley said on Wednesday.
With the Centre focusing more on developing alternative fuel economy, India will soon stop importing petroleum products, Union Minister Nitin Gadkari said Tuesday.
The three-day monsoon session of Andhra Pradesh Legislative Assembly will be held from Thursday with the two Houses set to ratify the Constitution (122nd Amendment) Bill, paving way for the introduction of Goods and Services Tax.
A Parliamentary Panel has suggested sharing with Railways the service tax paid on passenger fares on specified classes and freight which is collected by Finance Ministry and pursuing the matter vigorously with the authorities concerned.
New Delhi:States are on board to switch from 'Plan/non-Plan' budgeting to 'revenue/capital' spending from April 2017 and most will align their budgets accordingly, Finance Secretary Ashok Lavasa said.
Prime Minister Narendra Modi on Monday said the country's priority will be to work towards trade facilitation agreement (TFA) for services, a move that will help in movement of professionals.
New Delhi:Government is unlikely to further extend the minimum import price (MIP) on certain steel products beyond October 4 as these items could be covered under anti-dumping duty, an official today said.
Country's onion output is estimated to have touched the 21 million tonne mark -- a new record -- in the crop year ended June 2016, the government said Monday.
New Delhi: Sharing with the students his experience in politics of India post-Independence, President Pranab Mukherjee on Monday stressed on social performance for economic growth of the country.
Growth in India`s services industry accelerated to its fastest pace in more than 3-1/2 years in August, driven by a surge in domestic and foreign demand, but companies had a tough time raising prices, a private survey showed on Monday.
Highlighting the important points on why a stable global economic and financial system is imperative for growth, Prime Minister Narendra Modi on Monday professed India`s support for Base Erosion and Profit Shifting (BEPS) recommendations and called on the G20 nations to commit to the timeline of 2017-2018.
Underlining that fighting corruption and black money is key to effective financial governance, PM Modi asked G20 leaders to act to eliminate safe havens for economic offenders.
Passengers will have to cough up 20 to 30 per cent more than the existing fares of premier Shatabdi Express to travel by the Tejas trains which will have commercial airlines-like services like calling bell buttons to summon coach attendants and LCD screens on ergonomically designed seats.
Prime Minister Narendra Modi on Sunday raised the China-Pakistan Economic Corridor (CPEC) issue with Chinese President Xi Jinping, conveying to him that New Delhi and Beijing would have to be sensitive to each other`s strategic interests.