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Fertiliser Ministry receives Rs 9,000 cr as SBA to clear subsidy bill

Last Updated: Thursday, January 16, 2014, 16:27

The Fertiliser Ministry has received an additional Rs 9,000 crore from the Ministry of Finance to clear the pending subsidy bills for the current financial year.

Delhi govt withdraws permission for FDI-funded retail stores

Last Updated: Monday, January 13, 2014, 16:49

Delhi has become the first state to withdraw permission for FDI-funded retail stores.

CoalMin seeks explanation from JSW, Tata Steel, others

Last Updated: Wednesday, December 25, 2013, 20:02

The notice has also been issued to Ispat Godavari Ltd, Ind-Agro Synergy Ltd, Nakoda Ispat, Vandana Global, Shree Bajrang Power & Ispat Ltd for delaying the production from Nakia I & II coal blocks.

Inflation based certificate coming soon: FinMin

Last Updated: Wednesday, October 30, 2013, 20:10

The government will soon introduce inflation-based certificate to provide some cover to households from impact of inflation, a senior Finance Ministry official has said.

China scraps import duties for hi-tech components

Last Updated: Saturday, March 30, 2013, 18:41

The Chinese Ministry of Finance said items such as signal system of high-speed railways, garbage sorting system, solar cells, integrated circuits and manufacturing equipments for flat-panel display will enjoy tax exemption.

Timely intervention averted impending loss of Rs 46.75 cr: CAG

Last Updated: Thursday, August 30, 2012, 18:40

Government auditor CAG said an "impending loss" of Rs 46.75 crore as interest due to the HRD Ministry extending a loan to a company could be averted because of its timely intervention.

Singh to see Cabinet notes of FinMin; Meena gets more work

Last Updated: Thursday, July 05, 2012, 21:01

Finance ministry comments on all major Cabinet proposals will be put up before Prime Minister Manmohan Singh, who delegated most of the day-to-day affairs of three key departments of the Ministry to MoS Namo Narain Meena.

CVC awaits sanction to punish 49 officials

Last Updated: Wednesday, May 23, 2012, 16:30

CVC is awaiting nod from different departments for over four months to prosecute 49 government officials for their alleged involvement in corruption.

No age bar for claiming children edu expenses

Last Updated: Sunday, February 26, 2012, 09:33

Centre has removed the minimum age bar of five years for claiming educational allowance and hostel subsidy for their children.

LIC to pick up 5% stake in Bank of Maharashtra

Last Updated: Friday, February 10, 2012, 22:58

LIC will pick up 5 percent stake in Bank of Maharashtra through the lender's preferential allotment of shares valued at around Rs 140 crore.

Govt examining structural changes in CAG

Last Updated: Wednesday, December 07, 2011, 17:55

Government is studying international best practices for bringing structural changes in the country`s top audit authority CAG by making it a multi-member body.

MCA opposes move to hike stamp duty on commodities futures

Last Updated: Monday, September 12, 2011, 21:11

The Ministry of Consumer Affairs (MCA) has opposed the proposal to amend a law for hiking stamp duty on commodity futures, stating that the move will be a burden on the nascent market.