According to a labour ministry official, through the registration and issuance of U-WIN cards, the government also intends to create a Central-level database of all unorganised sector workers in the country.

For the current financial year, the minister said, direct tax collection was likely to improve by 14-15 per cent and there was possibility of government improving upon the fiscal deficit target of 3.9 per cent.

The move is likely to cheer businesses, many of which had been confronted with huge tax demands in the recent past, especially in the case of cross-border transactions.

India, now the world’s third largest producer, produced 29.97 MT steel during the January-April period of the current year compared to 28.09 MT in the same period a year ago.

Agency took 542 days, on an average, to complete investigations for each of the 162 cases probed by it.

At present, three out of four cars sold by Honda in India come from Amaze and City. The firm has a lone runner, Brio, in the hatchback segment.

Financial services secy has urged chiefs of banks and insurance firms to use facilities in GIFT City.

Sebi also named V Karuppiah, C Gopalakrishnan and AR Murugappan as other suspects in the insider trading case.

Finance Ministry has sanctioned Rs 5,223 crore fuel subsidy for the Jan-Mar quarter to cover almost all of the revenue loss.

The FMCG segment’s revenues crossed the Rs 9,000-crore mark last fiscal, registering 11.3 per cent growth.

Without requisite clearances, states feel they will fail to attract desired bids.

The bank’s asset quality improved in the period under study as net non-performing assets (NPAs) declined to 2.12 per cent of net advances.

Significantly, the unemployment rate for men was 2.9 per cent and that for women was 4.3 per cent for class I cities.

Jaitley expressed satisfaction over key macro-economic parameters, hoping that bad loans of banks would soon come down.

The new majority shareholder Ajay Singh who took over from media baron Kalanithi Maran has already infused Rs 550 crore into the airline.

The new formula being proposed by the civil aviation ministry for permitting airlines to start international operations, once approved, will replace the ‘5/20’ norm.

The competition regulator is most likely to look into the case as a sector-wide issue and not as one specific to individual airlines.

The government wants to channelise the funds of NRIs, who now have set up large businesses abroad, by treating non-repatriable investments by NRIs as domestic investment.

The Mumbai-headquartered financial institution has claimed that its schedule for setting up an IDFC bank is on track.

The NPS has cumulative assets under management worth Rs 83,917.12 and 91,21,588 subscribers by April 30, 2015.

There is no regulatory oversight to check if required safety norms are being met currently.

Only 5 firms with debts of Rs1,399 crore managed to exit corporate debt restructuring successfully.

The company has recognised a non-cash write-down of goodwill and assets in the consolidated financial results at Rs 4,951 crore.

RAI in its plea has claimed that while FDI was banned for e-commerce in the inventory model, an alternate route of "marketplace model" has been created which has nullified the government's ban.