The ordinance, which awaits President's approval, includes provision of 3-year jail term for the husband
3 min read19 Sep 2018The cabinet approval paves the way for LIC to approach RBI and Irdai for the regulators' approval for the IDBI Bank acquisition
2 min read1 Aug 2018Union minister for road transport and highways reiterates government's stance on non-provision of incentives to auto makers to develop EVs
1 min read20 Jan 2018Union cabinet approves setting up of the 15th Finance Commission that will decide the distribution of tax proceeds among the centre, states and local bodies
2 min read22 Nov 2017Mergers of the existing 11 government oil companiesONGC's HPCL acquisition is the firstwas proposed by FM Arun Jaitley in Union Budget 2017
2 min read20 Jul 2017The petroleum ministry is said to have given its proposal on ONGC's acquisition of Hindustan Petroleum (HPCL) in a sealed envelope to the cabinet
1 min read7 Jul 2017The Cabinet on Wednesday approved the 7th Pay Commission recommendations hiking allowances, including HRA , payable to central government employees
2 min read29 Jun 2017The share sale will increase equity base of Indian Renewable Energy Development Agency (IREDA) and help it raise more debt for funding projects, govt says
2 min read8 Jun 2017State Bank of Mysore scrip soared 13.54%, State Bank of Bikaner and Jaipur zoomed 10.86%, State Bank of Travancore jumped 10.54% while SBI gained 3.10% on BSE
1 min read16 Feb 2017Union Cabinet accepts Seventh Pay Commission's recommendations on pay, pension hikes for 4.7 million employees and 5.3 million pensioners
4 min read30 Jun 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared