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RIL $3.8 billion recovery appeal maintainable: Delhi HC

India, Feb. 3 -- The Delhi High Court on Monday said it will examine an appeal by the Centre against an order dismissing its plea to recover $3.8 billion from Reliance Industries and another company f... Read More


Chargesheet filed against Rajasthan educational trust: ED

India, Feb. 3 -- The Enforcement Directorate (ED) on Monday said it has filed a chargesheet against a Rajasthan-based educational trust and its promoter on money laundering charges linked to unlawful ... Read More


MSME back in focus in a capex-oriented budget

India, Feb. 3 -- There is a definite shift in policy and strategy from last year's populist and consumption spend led economy growth budget. This is towards the necessary Capex, infrastructure and inv... Read More


Finance Ministry mulls raising FDI to 49% in public sector banks: DFS Secretary

India, Feb. 3 -- The Finance Ministry is contemplating hiking foreign direct investment in public sector banks to 49 per cent from the current 20 per cent to enhance their capital base. "We are still ... Read More


Sustaining 7-8% growth govt's top priority: FM

India, Feb. 3 -- Sustaining a 7-8 per cent economic growth is the government's top priority, as it will benefit all citizens and create more jobs, Finance Minister Nirmala Sitharaman has said.In an in... Read More


Govt to tread carefully on fiscal targets: Official

India, Feb. 3 -- The Central Government will have to tread very carefully so that its fiscal targets and debt glide path are adhered to, considering the huge amounts that will be given to the states p... Read More


India's manufacturing sector witnesses slight recovery in January: PMI

India, Feb. 3 -- India's manufacturing sector activity witnessed a slight recovery in January, amid faster increase in new orders, even as business confidence slipped to its lowest level in three-and-... Read More


Budget shows commitment to stability: Fitch

India, Feb. 3 -- India's budget demonstrates the ongoing commitment to maintaining macro stability through a gradual path of government debt reduction balanced against a still-robust capex program to ... Read More


India hardens stand on Indus water pact

India, Feb. 3 -- India has hardened its stance on the Indus Waters Treaty (IWT), refusing to acknowledge fresh directives issued by a Hague-based Court of Arbitration (CoA) and signalling that water d... Read More


MGNREGA workers asks President to scrap VB-GRAM act

India, Feb. 3 -- A Maha Panchayat of MGNREGA Workers in Karnataka on Monday petitioned the President of India to withdraw the VB-G RAM G act and bring back the UPA-era employment guarantee scheme imme... Read More