Senior Indian Administrative Service officer T V Somanathan was on Friday appointed Expenditure Secretary, the post lying vacant since late October, as part of a top-level bureaucratic reshuffle......
'The procurement cycle still consumes too much time; little has changed.''There is still no level playing field for the private sector.' IMAGE: Prime Minister Narendra Damodardas Modi addresses......
Around seventy seven per cent voting was recorded in the third phase of West Bengal assembly polls in 75 seats covering Kolkata, North and South 24 Parganas districts on Wednesday. West Bengal......
Finance Minister Pranab Mukherjee said on Wednesday the government is negotiating changes in a tax treaty with Mauritius, the country which accounts for the maximum foreign investment in India."So......
The central government will lose about Rs 24,000 crore (Rs 240 billion) of revenue during the current fiscal on account of reduction in customs and excise duties on petroleum goods. "It is Rs......
Snapping its two-day winning streak, the markets ended in the red on Wednesday owing to weakness in energy majors and select IT and banking stocks.The BSE benchmark index, Sensex closed down 101......
Amid apprehensions of a moderation in economic growth from the projected 9 per cent this fiscal, finance secretary Sunil Mitra said on Wednesday the revenue collection targets for the current......
Amid rising global commodity prices and high inflation, the government is likely to scale down India's GDP growth projection for the 2011-12 financial year next month from 9 per cent estimated in......
The Centre on Tuesday directed Suresh Kalmadi, convener of the Commonwealth Games, to relieve immediately T S Darbari and Dr Sanjay Mahindroo, senior officials holding high positions in the CWG......