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Latest Articles in government

Japan To Limit Foreign Ownership In 12 Sectors

The government will target 12 sectors for which foreign investors must get pre-approval for holding a stake of 1% or more in a company, as against 10% now.

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Hong Kong's Nov-Jan Unemployment Rate Rises To 3.4%, Highest In Three Years

Hong Kong's economy contracted for the first time in a decade in 2019 as violent anti-government protests and the Sino-U.S. trade dispute took more steam out of the economy.

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Singapore Builders Seek Force Majeure Advice As Coronavirus Causes Labour Crunch

Singapore has an estimated $20-$24 billion of public and private sector building projects in the works this year - and any large impact on the sector.

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Govt Working To Boost Rural Economy: Kovind ??

Kovind was speaking here after laying the foundation stone of various works and inaugurating some developmental projects of the Union Territory of Dadra & Nagar Haveli and Daman & Diu through remote control.

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Vodafone Idea Says To Pay 25 Billion Rupees In Government Dues

The Indian government last week ordered mobile carriers to immediately pay billions of dollars in dues after the Supreme Court threatened the companies and officials with contempt proceedings for failing to implement an earlier ruling.

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RBI Revises Upwards Retail Inflation Projection To 6.5% For Jan-Mar Qtr

RBI further said that the actual inflation outcome for Q2 at 5.8 per cent overshot projections by 70 bps.

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RBI Keeps Repo Rate Unchanged At 5.15%, Projects FY21 GDP At 6%

The RBI projected gross domestic product (GDP) growth for 2020-21 at 6 per cent -- in the range of 5.5 to 6 per cent in H1 and 6.2 per cent in Q3.

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JSPL Begins Transportation Of Iron Ore From Supplier's Mine In Odisha

The Odisha government had said it will allow JSPL to sell iron ore from SMPL if the steelmaker gave an affidavit of undertaking worth Rs 900 crore for royalty dues owed to the state.

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Govt Increases Digital India Program Fund By 23% To Rs 3,958 Cr

The finance ministry had allocated Rs 3,750.76 crore in the previous budget but the same was revised downward to Rs 3,212.52 crore, according to the budget document.

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Government To Support MSME Sector For Creating New Jobs

It gave a detailed analysis of major measures undertaken to support the MSME sector to ensure better credit flow, technology up-gradation, ease of doing business and market access.

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Government Puts In Place Measures To Protect Commercial Decision-Making By Banks

The government has also modified its 2015 framework on large-value frauds doing away with the personal responsibility of MDs and CEOs of public sector banks.

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Canara Bank Posts 3.8% Growth In Q3 Net Profit At Rs 330 Crore

The ratio of gross NPAs to gross advances stood at 8.36 per cent versus 8.68 per cent as on September 30, 2019, and 10.25 per cent as on December 31, 2018.

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Indian Utilities' Coal Imports Rise To Highest In Four Years

Overall imports of thermal coal for the 10 months to October were up 12.6% at 163.86 million tonnes, coal ministry data showed.

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Govt Plans To Extend Urad Imports Till June On Likely Domestic Shortage

The country has imported 21.4 lakh tonnes of pulses during April-November of this fiscal and total shipments are expected to touch 30 lakh tonnes at the end of this fiscal.

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J&K: SMS Facility For All Mobile Phones, Internet Services At Govt Hospitals Resume

Internet services, landline and mobile phones were snapped across Jammu and Kashmir on August 4.

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