Government
General
Govt permits FIIs, NRIs to invest in insurance sector under 26% FDI cap
The government has permitted foreign institutional investors (FII) and non-residents Indians (NRIs) to invest in the insurance sector within the ......
Infrastructure
Govt releases housing starts index; pilot survey shows activity sliding in Bangalore, Chennai and Kolkata
The Ministry of Housing and Urban Poverty Alleviation (Mo HUPA), in association with the Reserve Bank of India, on Monday ......
General
India's official GDP growth estimate for 2012-13 revised down from 5% to 4.5%
India revised down its economic growth for the fiscal year 2012/13 to 4.5 per cent from 5.0 per cent earlier, ......
General
Govt to review import restrictions on gold by end-March
India will review its tight curbs on gold imports by the end of March, the finance ministry said on Monday.India ......
Manufacturing
Govt may cancel licences for 41 coal blocks
The government has informed the Supreme Court that it will scrap as many as 41 coal blocks allocated to private ......
General
Govt kicks off process to sell stake in Axis Bank
The government has invited bids from nine investment bankers to offload part of the stake it holds in private sector ......
Infrastructure
Government's planned capex buoys new infrastructure projects as private investments hit trough
Infrastructure project starts are seeing an uptick led by investments by government departments and state-owned firms even as private sector ......
General
FDI drops 15% to $12.6B during April-October 2013
Foreign direct investment (FDI) inflows into India declined by 36.6 per cent in October to $1.23 billion compared with $1.94 ......
TMT
DoT pushes spectrum auction by 10 days
The Department of Telecommunications (DoT) has extended the dates related to the auction of spectrum in 1800MHz and 900MHz bands ......
Infrastructure
Government may allow up to 74% FDI in railway projects
The outgoing United Progressive Alliance (UPA) government is expected to allow foreign investment up to 74 per cent in railway ......