For execution of the project, 4241 crore rupees have been approved of which 3816 crore rupees will be invested for the first phase of the project which will be completed by 2020.
The decision will benefit in economies of scale for NBCC and would assist in better manpower utilization. NBCC and HSCL will benefit from each other’s resources and expertise.
This is first ever policy for Capital Goods sector with a clear objective of increasing production of capital goods from 2.3 lakh crore rupees in 2014-15 to 7.5 lakh crore rupees in 2025.
The plans to set up the branch at Gujarat is part of MoU signed between India’s EXIM Bank and IDB during Prime Minister Narendra Modi visit to United Arab Emirates (UAE) in April 2016.
The loan, from the International Bank for Reconstruction and Development (IBRD), has a 5-year grace period, and a maturity of 24 years.
These norms were passed upon recommendations of the Supreme Court- appointed SIT on black money headed by former apex court judges Justice MB Shah.
In this regard, a separate and dedicated window for grievance redressal was also launched in the Income Tax Business Application (ITBA).
The proposed consolidation will create a banking behemoth with a balance sheet size of 37 trillion rupees.
The JV company would initially be incorporated with 50:50 equity participation from both.
Aspirants should make it a habit of reading newspaper on a daily basis as it will keep them updated about the trending topics happening across the globe.
These initiatives developed by National Highways and Infrastructure Development Corporation Ltd are aimed at making the road building procedure faster, more transparent and more efficient.
Under the Scheme declared income would be taxed at the rate of 30 percent plus 'Krishi Kalyan' cess of 25 percent on taxes payable and a penalty at the rate of 25 per cent of the taxes payable.
SEBI is signing MoUs with different country’s financial jurisdictions who are not a signatory to the multilateral MoU of International Organisation of Securities Commissions (IOSCO).
The ceiling prices were revised/fixed by NPPA as per the Schedule-I under Drugs (Price Control) Amendment Order (DPCO), 2016.
The Bill is based on the recommendations of the Joint Parliamentary Committee on the Insolvency and Bankruptcy Code, 2015 chaired by Bhupender Yadav. The committee submitted the report to government on 28 April 2016.
The banknotes bearing signature of Raghuram G Rajan, will also have the year of printing '2016' printed on the reverse.
RBI cancelled their certificates in exercise of the powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934.
Google has deployed service over RailWire which is an extensive fibre network of Indian Railway's arm Railtel that provides Internet services.
It also sought views and comments on the draft guidelines from banks, non-banking financial institutions, industrial houses, other institutions and the public at large latest by 30 June 2016.
The Consultation paper outlines the pros and cons of regulating the sector and proposes a suitable framework for regulating the activity.
Person resident outside India can invest in the capital of ARCs registered with Reserve bank of India, up to 100 per cent on the automatic route. Earlier, it was 49 per cent through automatic route and beyond 49 percent through government route.
The index aims to indicate whether the livelihood of the people from certain country or city with capitalist economy is easily affected by crony capitalism.
The MoU was signed by first President of NDB KV Kamath and ICICI Bank head Chanda Kochhar in Mumbai, Maharashtra.
The Bill is based on the recommendations of the Joint Parliamentary Committee on the Insolvency and Bankruptcy Code, 2015 chaired by Bhupender Yadav.
The decision to create a directorate was taken to increase the revenue substantially from non-tariff sources.
The main objective of the project is to expedite the improvement of infrastructure in Himachal Pradesh and also in reducing the time and cost of travel for traffic, particularly heavy traffic, plying on the Kaithlighat to Shimla section on National Highway-22.
The IMF report said that this growth momentum is expected to be underpinned by private consumption, which has benefited from lower energy prices.
EXIM Analytics represents data graphically exposing patterns, trends and correlations that might go undetected in text-based data.
The programme is part of the German government's recently introduced special initiative 'One World, No Hunger' initiative. India is the only country in Asia chosen for this initiative.
The trend of rising inflows to India and moderating inflows to China began in 2013 and FDI inflows to India can surpass those into China in 2016.