govt

Maharashtra government has drawn up an ambitious $60 billion (Rs 2.25 lakh crore) action plan for makeover of Mumbai, aimed to convert India's commercial capital into a global financial hub. "Our government is serious on transforming Mumbai into a global financial centre and the plan is aimed...

Officers of the elite Indian Administrative Service (IAS) want their pay scales to be determined on the basis of prevailing market rates, quite like what happens in the private sector. However, they are not ready to give up the substantial perks they enjoy, like palatial bungalows in city...

Unfazed by IT industry body Nasscom's attack for his comments on the health of BPO workers, Union Health Minister Anbumani Ramadoss on Friday said his ministry is planning to come out with guidelines for people working in the BPO and IT industry. "They are our flagship industry and there is a...

The sixth central Pay Commission is examining the feasibility of introducing performance-linked salaries for government employees. The commission has constituted a study group headed by Indian Institute of Management, Ahmedabad Professor Biju Varkkey to develop a model on these lines. The...

The government has cleared 13 proposals, including one of car market leader Maruti, that will bring in Rs 393.36 crore (Rs 3.93 billion) of foreign direct investment into the country. Finance Minister P Chidambaram approved the proposals on the basis of recommendations by Foreign Investment...

India’s long march from an agriculture-dominated economy at the time of independence to become the world’s biggest back-office has taken the charm away from government jobs with salaries in private sector higher by as much as two times. According to salary tracking firm Payscale, the median...

recently there was a news that govt. is trying to pass a bill by which it will decide what is to be shown on the news channels and what not to show. friends its a direct attack on the freedom on press, thats what i think, what do you think about it? please take part in this debate and put your...

ppt on govt. regulations in securities

After duty cut on imported wine, beer and spirits, the joint working group on Goods and Services Tax (GST) has been asked to recommend a new duty structure on alcohol and petroleum products besides other non-VAT items and exempted goods and services. "The working group on GST will consider how...

The government withdrew the additional customs duty on imported wines and spirits on Tuesday in an effort to resolve a dispute with the European Union and other leading trading partners over high duties on these items. The EU and the United States had been pressing for a cut to wines and...

Not even a single ad has been issued by the Centre to promote the landmark Act or any money set aside What good is a celebrated citizen’s right if the majority of citizens are unaware it exists? That question is being asked as two years after the much-talked-about Right to Information (RTI) Act...

The government has shelved plans to build a refinery in Rajasthan to process crude oil found by Cairn India in the state and instead will lay a pipeline to transport it to Gujarat coast for sale to refiners. The plan for a mini-refinery of 3-4 million tons capacity to obviate the need for...

With India’s domestic natural gas output projected to nearly double by 2010, the government has undertaken an exercise to device a pricing regime for the fuel that will aid growth in Asia’s fourth largest economy. Reliance will start gas production from its prolific Krishna Godavari field next...

New Delhi, May 21 (PTI) Government today said it aims to slow down flow of foreign debt into the real estate sector through its recent curbs on External Commercial Borrowings (ECBs). The Finance Ministry on Friday had barred those setting up integrated townships from raising ECBs and made it...

The government has decided to open more branches of public sector banks in areas with high concentration of Muslims. Financial institutions will be required to promote micro-finance among minorities and public sector banks will have to "maintain reasons" for rejection of loan requests from...

IIM Ahmedabad, India’s top B-school, will provide a performance-linked pay model to the Sixth Pay Commission which has been assigned the task of recommending revised pay scales for Central Government staff. IIM-A’s report, and also that of the other study groups constituted by the pay panel, is...

The government on Thursday exited the country's largest car maker Maruti Udyog Ltd, selling its residual stake for Rs 2,360 crore (Rs 23.6 billion) to a clutch of financial institutions led by Life Insurance Corporation. "We have sold the entire shares held by the government in Maruti at an...

Govt studies options on quota stay The Supreme Court stay on the OBC quota in elite educational institutions may have come as a serious blow to the Government's take on the issue, but the pro-reservation lobby is not sitting easy. Underscoring that ''access and equity'' will be the hallmark...

Govt calls up IITs, IIMs; puts admissions on hold The Indian Institutes of Management and Indian Institutes of Technology will put admissions on hold till the Centre sorts out the Supreme Court’s stay on 27 per cent quota for Other Backward Classes (OBCs). The Human Resources Development...

Defending its policy of liberalising foreign direct investment in retail, the government confirmed that it would go ahead with its plan to expand its ambit, despite objections raised by Congress President Sonia Gandhi in a letter written to the Prime Minister's Office on 11 January. "The FDI...