With the aim to expand the reach of insurance in the country, the Insurance Regulatory and Development Authority (IRDA) has suggested to permit owners of kirana shops, fair...
The Export Import Bank of India (Exim Bank) will utilize Rs 2,000-crore fund in research activities for the pharma sector. It is being done to increase exposure in...
The Planning Commission of India allocated Rs 57800 crore for UP Annual Plan for fiscal year 2012-13. It marked an increase of 23 % over last plan. In...
Commerce, Industry and Textiles Minister Anand Sharma announced that the Technology Upgradation Fund Scheme (TUFS) for the textile sector would be continued in the XII Plan. The scheme...
Gujarat has rejected central govt’s ‘Jan Aushadhi’ model saying it has better self developed model of providing free treatments for segments of population. Gujarat government currently runs a...
ESSDM-Electronic System Design and Manufacturing The Union Cabinet approved the proposal to grant a special incentive package to encourage large-scale manufacturing in the ESDM sector. It will promote...
A grant of more than Rs 150 crore for 14 states and one union territory has been approved by the centre to develop basic sports infrastructure. It will...
The Reserve Bank of India has allowed companies to continue to buy back foreign currency convertible bonds (FCCBs) under the approval route. The central bank will consider proposals...
The Union Cabinet gave the green signal for the Rs.5,128-crore Kochi Metro Rail project, one of the largest social infrastructure initiatives to be launched in in recent years....
Pricing of Petroleum in India: The history of pricing of petroleum in India dates back to 1920’s. During the colonial period, the pricing of petroleum was free from...