Cabinet Approval News

Politics

Triple Talaq ordinance gets Union Cabinet approval

The ordinance, which awaits President's approval, includes provision of 3-year jail term for the husband

3 min read19 Sep 2018
Companies

LIC-IDBI Bank deal receives cabinet approval

The 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 2018
Politics

India’s EV policy pending cabinet approval: Nitin Gadkari

Union 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 2018
Politics

Cabinet approves setting up of 15th Finance Commission

Union 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 2017
Companies

Nod for ONGC’s HPCL acquisition sets in motion merger of govt oil companies

Mergers 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 2017
Companies

Cabinet nod for ONGC’s HPCL acquisition likely in a few weeks

The 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 2017
Politics

7th Pay Commission: Allowances, HRA hiked for central government employees

The Cabinet on Wednesday approved the 7th Pay Commission recommendations hiking allowances, including HRA , payable to central government employees

2 min read29 Jun 2017
Industry

IREDA listing gets cabinet approval in fresh push for renewable energy

The 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 2017
Market

Shares of SBI, associate banks surge as high as 13% after cabinet okays merger

State 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 2017
Politics

Seventh Pay Commission: A Rs1 trillion bonanza for government employees

Union 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 2016
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Budget

The 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

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