Sitharaman, Goyal, Pradhan become members of key Cabinet committees

Defence Minister Nirmala Sitharaman, Railway Minister Piyush Goyal and Petroleum Minister Dharmandra Pradhan have become members of key Cabinet committees reconstituted after the September 3......

Prime Minister Modi scraps 4 Cabinet Committees

In the second major decision to end the UPA government's legacy, Prime Minister Narendra Modi on Tuesday scrapped four cabinet committees, including one on Unique Identification Authority, as part......

The landmark 1991 budget was Manmohan's trial by fire

Dr Manmohan Singh, the architect of India's economic reforms, had to literally face a trial-by-fire to ensure widespread acceptance of his path-breaking Union Budget of 1991 that saw the nation......

PM removes Alagiri, Maran from key Cabinet panels

Prime Minister Manmohan Singh has removed Union Fertiliser Minister M K Alagiri and Textile Minister Dayanidhi Maran from two key sub-committees of the Union Cabinet. Both Alagiri and Maran are......

Govt may cut fuel prices today

The government is likely to cut petrol and diesel prices by Rs 4 and Re 1 a litre, respectively, on Wednesday. The Cabinet Committee for Economic Affairs is expected to meeton Wednesday evening to......

Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales......

Oil, telecom to figure in UPA-Left meet

The government is scheduled to discuss key economic issues, including the recent increase in petroleum product prices and raising the foreign direct investment cap in telecom from 49 per cent to 74......

Cabinet clears 49% FDI in insurance

The Cabinet on Thursday approved 49 per cent foreign investment in insurance companies through the FIPB route ensuring management control in the hands of Indian promoters. "The Cabinet Committee on......