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Total 1794 results found. Search for [ Subsidy ]

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July 15, 2018
The government subsidises 12 cylinders of 14.2 kilogram each per household in a year by directly transferring the subsidy amount to the users' bank accounts.

July 12, 2018
The development comes nearly seven months after Airtel along with Airtel Payments Bank came under fire for allegedly opening payments bank accounts of its mobile subscribers without their consent, and LPG subsidy worth crores was deposited into these accounts.

July 11, 2018
Petrol and diesel cars might get more expensive in the near future, if the finance ministry has its way.

Goutam Das
New Delhi, July 9, 2018
Indian real estate, especially the residential segment, is battered. Homebuyers have been taken for a ride by builders who couldn't complete projects. This led to a trust deficit, and the subsequent enforcement of the Real Estate Regulation and Development Act (RERA), which is now forcing builders to change their operating models. Rajeev Talwar, CEO, DLF Ltd., and Chairman of the National Real Estate Development Council (NAREDCO), tells Business Today's Goutam Das about the changing landscape, why it is time to create excess supply in affordable housing, and how to go about it. Edited excepts:

July 4, 2018
Hike in paddy minimum support price will increase the food subsidy bill by over Rs 11,000 crore based on procurement figure of the 2016-17 marketing year (October-September).

New Delhi, June 30, 2018
Subsidised cooking gas price was hiked by Rs 2.71 per cylinder today as a result of tax impact of base price rising due to spurt in international rates and fall in rupee.

Kumar Abhishek
Lucknow, June 20, 2018
The clearance will enable the Baba Ramdev-led company to meet the Centre's June 30 deadline to complete the acquisition of land, for the final approval to set up the food park

June 12, 2018

Anilesh S. Mahajan
New Delhi, June 11, 2018
Indian solar equipment makers are being squeezed out of the market by global players.

June 10, 2018

Joe C Mathew
New Delhi, June 8, 2018
Crisil states that the package will be enough to clear only 40 per cent of the Rs 22,000 crore cane price arrears sugar mills owe to sugar cane farmers.

June 7, 2018

New Delhi, June 7, 2018
RBI monetary policy: MPC hikes repo rate by 25 basis points to 6.25%, keeps stance neutralThe monetary policy committee of the Reserve Bank of India (RBI) on Wednesday decided to hike the repo rate by 25 basis points to 6.25 per cent while maintaining a neutral stance. All the members of RBI's MPC voted in favour of a rate hike. The verdict of six-member MPC, headed by RBI Governor Urjit Patel, came after three days of deliberations instead of the usual two days. This is the first time MPC has taken this long to reach a decision since its formation in June 2016. The increase in repo rate comes as a bad news for those who have borrowed from banks because it is likely to lead to an increase in the interest they pay on loans, be it home loan, car loan or personal loan. However, the neutral stance taken by the RBI will be a silver lining for the markets. Microsoft's Seeing AI app for visually impaired now supports Indian rupeeThe Seeing AI mobile application by Microsofft has included Indian rupee in the list of currencies that it can identify and narrate the denomination back. After the latest update, version 2.2, the application will be able to identify the currency notes in circulation as well as the new currency notes that were released over the course of past one and a half years. The Seeing AI app has been developed with visually-impaired users in mind. It identifies short text, documents, products, people, scenes, currencies, colour, handwriting, light and even images in other apps using the device's camera. Air India's 11,000 employees have not received May's salary so far; pay delayed for third month in rowIndia's national carrier Air India is going through a deep financial crisis, and recent incidents have only added to its woes. First, no bidder showed interest in buying the beleaguered airline. And now, the salaries of over 11,000 permanent employees working for the Maharaja are stuck for the month of May. Reports suggest the cash-strapped airline has failed to release salaries of its employees for the third month in a row. The management has not officially communicated the reason behind the inordinate delay to its staff.Govt clears Rs 8,000 cr relief package for sugarcane farmers, ups floor price to Rs 29 per kgThe Prime Minister Narendra Modi-led Cabinet on Wednesday approved a relief package of Rs 8,000 crore for the sugar industry, which would help cash-starved sugar mills to clear dues to cane farmers at the earliest. Of the total relief package, Rs 4,500 crore would be used for boosting ethanol production in the country. The package also includes government's last month's announcement of Rs 1,540-crore production-linked subsidy for sugarcane farmers to help millers pay cane payments.Amazon completes 5 years in India; offers Rs 250 cashback on shopping of Rs 1000 or moreFive years after it was launched on June 5, 2013, Amazon India has made significant strides. The Jeff Bezos-led claims to be the most visited shopping site in the country for the last two years. And as a return gift, the e-commerce major is doling out Rs 250 as cashback on purchase of Rs 1000 or more on payments made via any digital mode. In a letter, Amazon founder and CEO Jeff Bezos thanked customers in India for their support. The online retail behemoth said that people from 100 per cent serviceable pin codes in India have placed orders on its platform

June 6, 2018

New Delhi, June 6, 2018
The government has also increased minimum selling price (ex-mill sale price) to Rs 29 per kg from Rs 25 per kg. The centre would create a buffer stock of 3 million tonnes of the excess sugar, and has allotted Rs 1,200 crore for this purpose.

June 5, 2018

Sumant Banerji
New Delhi, June 5, 2018
Five-year-old electric vehicle start-up Ather Energy, which is backed by country's largest two-wheeler maker Hero MotoCorp and e-commerce giant Flipkart's founders Sachin and Binny Bansal, on Tuesday launched its first two electric scooters in Bangalore at Rs 1.09-1.24 lakh.

June 5, 2018

New Delhi, June 4, 2018
The Food Ministry has proposed creation of a buffer stock of 3 million tonnes of sugar. The carrying cost of the sweetener would be borne by the government, which is estimated to cost the exchequer around Rs 1,300 crore.

June 4, 2018

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