These FDI proposals were based on recommendations of the Foreign Investment Promotion Board (FIPB).
The committee recommended changing the wording of disclaimer, “Insurance is a subject matter of solicitation”, in all their advertisements to “Before buying, know the conditions and exclusions, to make a well-informed decision.”
The decisions are expected to result in increased investments leading to economic growth of the country.
It will be of 8.64 lakh metric tonnes annual capacity and will be operationalised with an investment of 4500 crore rupees.
The rules are aimed at making easier for domestic mutual funds to manage offshore pooled assets.
The scheme is intended to mobilize unutilised gold from household and institutions and make them available to gems and jewellary sector.
These cold storage which will help in reducing the wastage of food will attract an investment of about 400 crore rupees.
AYUSH comprises Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy.
RBI decided to relax current guidelines on the needs for additional factor authentication (AFA) for small value card present transactions only using contact-less cards.
Disinvestment in these two Maharatna companies will fetch government over 13000 crore rupees at current market price.
The bill seeks to amend the Companies Act, 2013 that came into effect on 1 April 2015 and the amendments are designed to address some issues raised by stakeholders.
The bill intends to amend the Negotiable Instruments Act, 1881 which fails to specify the territorial jurisdiction of the courts related to the complaints of cheque bounce cases.
The report is an annual publication that provides data, analysis and an assessment of the finances of state governments. It provides the snapshot of the changing dynamics of fiscal federalism over the years.
India’s GDP will grow at a strong pace of 7.5 percent 2015-16, which is the highest among G20 economies, helped by the reforms drive and lower oil prices.
The internal ombudsman will be a forum available to bank customers for grievance redressal before they can even approach the Banking Ombudsman.
The scheme is intended to enhance old age income security of the working poor and is focused on encouraging and enabling them to join the National Pension System (NPS).
It is an Accident Insurance Scheme offering death and disability cover on account of an accident.
The scheme is intended to provide for life insurance cover of 2 lakh rupees per annum to the eligible subscribers.
After modernisation, the plant's production capacity has increased from 0.85 million tonnes per annum (mtpa) to 2.9 mtpa.
The agreement will boost water availability in selected river basins in Karnataka and ensure improved water efficiency in irrigation.
The revision in the 1985 agreement has become necessary in the backdrop of growing investment flows and increased movement of working professionals between the two countries in recent years.
The decision allows REITs to access foreign investment inflows into the completed rent yielding real estate projects, which is, as of now, prohibited under the FEMA Regulations.
The decision to increase the limit up to 3000 crore rupees from the present 2000 crore rupees is aimed at expediting foreign investment clearance process there by increased investment flows into the economy.
The new regulation is expected to trigger further investment in the food processing sector and ensure smooth implementation of the scheme particularly projects at initial phases of the implementation.
The bill needs to be passed in Rajya Sabha after which more than a half of India's 29 states must approve it before the central and state governments would get equal powers to tax goods and services.
The applicant will have to quote his e-mail address and mobile number in the application form for communication with the department.
The earlier deadline of implementing the Mobile Number Portability was 3 May 2015.
However, MAT would not be applicable on sale of units of real estate investment trusts (REITs).
The bill deals with the income side (basically tax proposals) of the Union Government for the financial year 2015-16 as proposed in the budget which was introduced in the Parliament on 28 February 2015.
The move would benefit over 20 lakh pensioners under social security scheme run by Employees Provident Fund Organisation (EPFO).
These three PSBs are Bank of Maharashtra, Dena Bank and Oriental Bank of Commerce.
The CCEA also approved additional fiscal allocation under Non-Plan Grant to meet the anticipated losses in disposal of cotton.
Reserve Bank of India (RBI) on 23 April 2015 issued revised guidelines on Priority Sector Lending.