While increasing the size of the buffer stock of pulses to 20 lakh tonnes from the existing 8 lakh tonnes, the government decided to explore avenues for imports from more pulse-growing nations on a government-to-government basis.
The Sahara chief was sent to jail on May 4, 2014, for his failure to comply with 2012 order directing him to return investor’s Rs 17,600 crore with 15 per cent interest.
Founded in 1969 by Karsanbhai Patel, the Ahmedabad-based Nirma Group was a late entrant in the race for the Lafarge assets.
NPAs of state-owned banks had touched Rs 3.61 lakh crore at the end of December 2015. A reply to an RTI application earlier this year revealed that 29 PSBs wrote off `1.14 lakh crore of bad debts between FY13 and FY15.
Rupee ends at over 3-week high of 67.14, up 24 paise, on persistent dollar selling. For the BSE Sensex, it's the biggest single-day gain in over a month.
The gains on Wall Street reflected continued momentum from Friday's surprisingly strong US jobs report, which raised hopes that the American economy was strengthening.
A section of public sector bank employees have threatened to go on a nationwide strike beginning on Tuesday to protest against the proposed merger of SBI associates as well as the move to privatise IDBI Bank.
Rajan, whose current three-year tenure ends on September 4, made a surprise announcement last month that he would not seek a second term and would return to academia, triggering intense speculation about the possible contenders.
"Ideally we should put GST (rate) on imports so that it becomes a level-playing field and domestic manufacturing are not at disadvantage," Piyush Goyal, the Power and New and Renewable Energy Minister, said.
Markets put up a strong rally on an across-the-board buying frenzy, lifting the Sensex about 500 points to close at 11-month high of 27,627 and the Nifty above 8,400 amid robust global cues.
Arvind Panagariya, who heads the government's main economic advisory body, is also India's Group of 20 summit negotiator.
In all, seven out of 13 main agriculture products that are closely monitored by the Commerce Ministry, were in the negative zone.
The notification quotes provisions of section 138 of the Income Tax Act which states that taxpayer related information is confidential and cannot be shared.
The new Parliamentary Affairs Minister Ananth Kumar has already held telephonic talks with leader of the opposition in the Upper House Ghulam Nabi Azad and Deputy leader of Congress in the House Anand Sharma.
As per the rating agency Crisil's latest report, GDP is expected to grow by 7.9 per cent in 2016-17 as against 7.6 per cent in the previous fiscal if "monsoon is normal and global situation does not deteriorate from here".
With unpredictable market environment, big banks in America will have to wait till they see a steady growth in profits and higher margins
The valuation of the stock price is Rs 705 to Rs 710 per share for the IPO.
As part of the acquisition, the team at Cubeit has been inducted into Myntra, making it an 'acqui-hire' that will further strengthen and expand the technology team.
Amongst Indian companies, Bharti Airtel took the top spot in organisational transparency in the report by Transparency International
The meeting, to be held on July 26, will also consider issue of bonus shares.