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Government approves MoU for BRICS agriculture platform

The ex-post facto approval to the same MoU was given by the CCEA in a meeting held on Wednesday, the release said.

HPCL stake sale: Govt seeks bids for bankers, legal firms

HPCL stake sale: Govt seeks bids for bankers, legal firms

Kicking off the process for sale of HPCL stake to ONGC, the government has invited bids for appointing merchant bankers and legal consultants for the Rs 28,000-crore deal.

Govt to sell entire stake in HPCL to ONGC

Govt to sell entire stake in HPCL to ONGC

HPCL, under which all downstream refining units of ONGC will be accumulated post-merger, will continue to remain a PSU with separate brand and board.

CCEA gives in-principle approval for selling 51% stake in HPCL to ONGC

CCEA gives in-principle approval for selling 51% stake in HPCL to ONGC

HPCL will continue as PSU after ONGC acquisition of stake.

Cabinet approves hike in sugarcane fair price by Rs 25 per quintal for 2017-18

Cabinet approves hike in sugarcane fair price by Rs 25 per quintal for 2017-18

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved hike in sugarcane fair price by Rs 25 per quintal for 2017-18.

Air India plans to raise Rs 80 crore through sale of properties

Air India plans to raise Rs 80 crore through sale of properties

Government-run Air India plans to raise around Rs 80 crore through sale of its seven properties, including some land parcels, as a part of its asset monetisation plan.

CCEA clears coal linkage policy for power sector

CCEA clears coal linkage policy for power sector

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the new coal linkage policy -- Shakti -- for the power sector.
 

CCEA gives nod to new coal linkage policy

CCEA gives nod to new coal linkage policy

The new coal linkage policy for power plants will help producers ensure fuel supplies in an organised manner.

CCEA restores PDS sugar subsidy for AAY families

The government on Wednesday decided to restore the subsidy for states to ensure sale of 1 kg of sugar at a cheaper rate for 2.5 crore AAY families, the poorest of the poor, under the public distribution system (PDS).

Cabinet nod for 31 bids for small oil, gas fields exploration

The Cabinet Committee on Economic Affairs, Wednesday gave its approval to award contract in 31 contract areas (44 fields – 28 onland and 16 offshore) of discovered small fields of Oil and Natural Gas Corporation (ONGC) and Oil India Limited (OIL). 

Cabinet approves India-Singapore agreement on industrial property rights

The Union Cabinet on Wednesday approved an agreement between India and Singapore on industrial property cooperation that is expected to enhance bilateral activities in Industrial Property Rights of patents, trademarks and industrial designs.

CCEA clears Rs 2,256 crore project for CBEC's GST integration

CCEA clears Rs 2,256 crore project for CBEC's GST integration

CCEA Wednesday cleared a Rs 2,256 crore IT project Saksham of the Central Board of Excise and Customs, which will help integrate CBEC's system with the GST network before the rollout in April next year.

CCEA may review production subsidy to sugar mills tomorrow

The Cabinet Committee on Economic Affairs (CCEA) is likely to review production subsidy to sugar mills for 2015-16 season tomorrow, taking into account lower sugar production and exports.

CCEA allows Axis Bank to raise foreign shareholding to 74%

CCEA allows Axis Bank to raise foreign shareholding to 74%

The proposal would lead to foreign investment of about Rs 12,973 crore.

'Cabinet note soon on linkage auction for power plants'

The Coal Ministry will soon move a draft Cabinet note for auctioning linkages for the dry fuel to the power sector.

Govt approves licence extension for 28 oil and gas fields

The Cabinet on approved extending licences of 28 small- and medium-sized oil and gas fields, but there was no decision on Cairn India's prolific Rajasthan oil block.

FIPB clears Cadila Healthcare, 8 other proposals

Cadila Healthcare was reconsidered by the FIPB following the changes made by the government in foreign direct investment (FDI) policy last month.

Govt approves mines to PSUs to sell coal to small industries

Govt approves mines to PSUs to sell coal to small industries

In a move aimed at enhancing energy security, the government Wednesday cleared allotment of coal blocks to PSUs for the sale of the fossil fuel mainly to medium, small and cottage industries and a policy for developing Underground Coal Gasification in coal and lignite areas.

Govt to import 10,000 tonnes of pulses to check prices

Govt to import 10,000 tonnes of pulses to check prices

The government Friday decided to import 10,000 tonnes of pulses for buffer stock and extend zero import duty on chickpeas and masoor till September 2016 as part of its steps to boost local supply and check prices.

Govt approves over Rs 1,100 crore subsidy for cane farmers

Govt approves over Rs 1,100 crore subsidy for cane farmers

The government on Wednesday decided to pay a production-linked subsidy of Rs 4.50 per quintal directly to cane farmers in the 2015-16 season to help cash-starved sugar mills clear arrears -- a move that would cost the exchequer about Rs 1,147 crore.