Telecom Panel Clears Entry of Virtual Network Operators: Report

Press Trust of India | Monday March 28, 2016

VNOs would offer all telecom services permitted under unified licences.

Jewellery Sales May Fall by 40-50 Tonnes in March Quarter: Icra

Press Trust of India | Monday March 28, 2016

Jewellery sales are likely to fall by 40-50 tonnes in the January-March period due to the ongoing strike against a proposed 1 per cent excise duty on non-silver jewellery, according to domestic rating agency Icra.

Raghuram Rajan for Guidelines by Countries on Monetary Policy Behaviour

Press Trust of India | Monday March 28, 2016

There should be guidelines for responsible monetary policy behaviour globally as aggressive actions by one nation can lead to significant adverse cross-border spillovers on others, Reserve Bank of India Governor Raghuram Rajan has suggested.

Gross Bad Loans Level Likely to Rise: Icra

Press Trust of India | Monday March 28, 2016

The gross NPA level stood at Rs 4.5 lakh crore or 6 per cent as of December 31.

Global Perception Positive About India's Performance: Montek Singh Ahluwalia

Press Trust of India | Monday March 28, 2016

Globally, people think India's performance improved substantially over the last 10 years, former Deputy Chairman of Planning Commission Montek Singh Ahluwalia said here on Monday.

Government Unveils New Defence Procurement Policy

Press Trust of India | Monday March 28, 2016

Defence Minister Manohar Parrikar said that a review will be undertaken after 6 months.

Startup Action Plan Has Generated Buzz Among Entrepreneurs: Minister

Press Trust on India | Monday March 28, 2016

The startup action plan has generated a "buzz" among budding entrepreneurs and several of them have been able to successfully attract funds from angel and other investors, Commerce and Industry Minister Nirmala Sitharaman said.

High Interest Rates Will Make Indian Economy Sluggish: Arun Jaitley

India News | Press Trust of India | Monday March 28, 2016

Justifying slashing of interest rate on small saving instruments like PPF, Finance Minister Arun Jaitley today said interest rates in India are "extraordinarily" high and the country risks becoming the most sluggish economy if lending rates continue to rule high.

High Interest Rates Will Make Indian Economy Sluggish: Arun Jaitley

Press Trust on India | Monday March 28, 2016

Justifying slashing of interest rate on small saving instruments like PPF, Finance Minister Arun Jaitley on Monday said interest rates in India are "extraordinarily" high and the country risks becoming the most sluggish economy if lending rates continue to rule high.

Pay Dues Honourably Or Face Coercive Action: Arun Jaitley to Mallya

Press Trust on India | Monday March 28, 2016

In a stern warning to wilful defaulters like Vijay Mallya, Finance Minister Arun Jaitley said they should settle their dues honourably with the banks or else be ready to face "coercive action" by lenders and investigative agencies.

150 People Booked For Smearing PM, Finance Minister's Posters With Ink, Eggs

India News | Press Trust of India | Monday March 28, 2016

As many as 150 people have been booked in connection with smearing of black ink and throwing eggs at the posters of Prime Minister Narendra Modi and Finance Minister Arun Jaitley here during a demonstration by the businessmen and bullion traders four days ago.

JNU, Hyderabad University Events Involved 'Jihadis': Arun Jaitley

India News | Press Trust of India | Monday March 28, 2016

Both the Hyderabad Central University (HCU) and Jawaharlal Nehru University (JNU) events were "ultra-Left movements" also involving a small section of "jihadis", Finance Minister Arun Jaitley contended today.

We Will Challenge President's Rule In Uttarakhand In Court, Says Congress

India News | Press Trust of India | Sunday March 27, 2016

Hitting out at the Centre over the imposition of President's Rule in Uttarakhand, Congress today said it will challenge the decision in court and show that the Narendra Modi dispensation is out to "destabilise" governments in all the states ruled by the party.

Centre May Add To Prime Minister's Jammu And Kashmir Package: Arun Jaitley

India News | Press Trust of India | Sunday March 27, 2016

Pledging full support to the new PDP-BJP government to be formed in Jammu and Kashmir, Finance Minister Arun Jaitley today said the Centre may add to the Prime Minister's Rs 80,000 crore package announced in November last if resources permit.

Arun Jaitley Says Uttarakhand's Harish Rawat Government Was Unconstitutional

India News | Press Trust of India | Sunday March 27, 2016

Even as Congress cried foul, the Centre today justified imposition of President's Rule in Uttarakhand, saying the Harish Rawat government was "unconstitutional" and "immoral" since March 18 when the "failed" Appropriation Bill was shown as passed.