The government is understood to have circulated a note, explaining that it is already working on seven of the demands put ahead by trade unions, including amendments to Minimum Wages Act, Contract Labour Act.
The move from Air India draws parallel to similar procedure by the Indian Railways which in 2007 had reduced the number of unions from 34 to two.
Will continue focus on taming inflation, resolving distressed projects
The agency will discuss the steps taken by the government for ushering in structural reforms like GST and health of state-owned enterprises.
Commenting on the initiative, Ronnie Screwvala, Co-Founder UDigital said, “This collaboration represents a new generation of partnerships that bring together complementary strengths in the digital era.”
The finance ministry is banking on these savings to meet any shortfall in revenue from stake sales in public sector units that is necessary to meet the fiscal deficit target.
The list of 98 Smart Cities released by the Centre on Thursday shows that the objective grading criteria of the mission has not deterred political considerations from creeping in to selection process. The most glaring omission on the list was the name of the 13th Smart City of Uttar Pradesh. The two contenders that were […]
Centre to immediately release Rs 2 crore to each of the cities to prepare their urbanisation plans.
Rajeev Kumar Agarwal, whole-time member of Sebi and two other senior bureaucrats who are understood to be in the race for the post.
The Niyamgiri hilltop, which Vedanta wanted to mine, contained an estimated 72 million tonnes of bauxite.
The rupee turned weak, after a brief recovery on Tuesday, falling by four paise to end at 66.14 on renewed demand for the dollar from importers.
The government is planning to provide a flat subsidy per seat for a specified number of seats on a select routes. The incentivised route would be put up for competitive bidding.
There are 80 such Build, Operate and Transfer (BOT) projects awarded prior to 2009 that have been completed and the locked in equity in these projects works out to approximately Rs 4,500 crore.
Initial indications reveal that growth remains on the same footing as the last quarter, if not lower.
With call drops developing into a national problem — so much so even PM Narendra Modi has expressed concern — the department of telecommunications is looking at fixing it in a novel manner. The latest brainwave is to make it mandatory for operators to make disclosures that officials believe would help consumers choose operators where […]
Thacker was awarded the Technology Senator of the year award at the 13th edition of Express Technology Senate recently, post which he had a long and candid interaction with Express Group's Anant Goenka.
In July 2014, the RBI had said that four to six domestic lenders would be labelled systemically important, or the rough equivalent of too-big-to-fail in other countries.
The panel recommended initiating vocational education from middle school and giving flexibility to the states to introduce traditional and local skills suitable to local needs.
The project has been hanging fire since the firm signed a MoU with state government in June 2005. It has been dogged by land acquisition issues.
RBI Governor went against the views of four out of seven members in the TAC.
Effectiveness of protectionist measure open to debate: CEA
Bridge’s growth target aims at reaching 10,000,000 children globally, of which most are not receiving the education they need to transcend the bound of poverty.
Centre mopped up Rs 9,379 crore from the IOC share sale, the biggest this fiscal. Earlier it raised Rs 3,300 crore from disinvestment in Dredging Corporation of India, Power Finance Corporation and Rural Electrification Corporation.
Government’s hint at reconvening Parliament in a bid to pass the GST Bill boosted market sentiments.
The finance ministry is understood to have also spoken to domestic institutional investors including LIC to boost interest in the stake sale.
The Sensex on Monday closed for the day at 25,741.56, down 1,624.51 points - marking the biggest ever mauling it has received historically.
The mega plan of the Indian Railways to tap funds from India’s largest financial entity, Life Insurance Corporation (LIC), is slowly taking off. Both the Railways and LIC are in the process of identifying the commercially viable projects so that money can be pumped in this fiscal. “Around 200 projects are currently under review for investments. […]
The project has been hanging fire ever since the firm signed a MoU with the Naveen Patnaik government in June 2005. It has been dogged by land acquisition and other problems.
The objective is to ensure that a standard minimum wage rate exists for all kinds of occupations.
In his address at the Indian Chamber of Commerce event here, Jaitley said roadmap for phasing out of exemptions to corporate will be announced soon.
India has the requisite strength to withstand global challenges, says Jaitley
The payments bank formation will deliver all digital banking products and services and co-create an ecosystem to digitise payments
“The Act clearly says that being a major shareholder, the management control should be with the Indian partner. However, we are working on it and the final guidelines will come up shortly on the same," IRDA Chairman TS Vijayan said
Employees in the ‘workmen’ category can go on a strike by giving 15-day prior notice to the management.
Pension products of insurance firms are now regulated by IRDA.
The floor price for the offer for sale is likely to be announced on Saturday.