The Cabinet has approved the Rs 76,000 crore incentive scheme for semiconductors. Under this scheme, India will set up over 20 semiconductor design, components manufacturing...
The Centre may launch till October the ambitious Rs 100-trillion national master plan for multimodal connectivity, also known as Gati Shakti, aimed at accelerating economic...
On Tuesday, the Cabinet has approved a capital infusion plan of Rs 9,300 crore for IDBI Bank. The Cabinet cleared the IDBI Bank recapitalisation plan...
The Union Cabinet has given approval to the proposal for raising Minimum Support Price (MSP), for Kharif crops. MSP for paddy, which was Rs.1,550 per quintal, has...
HDFC Bank has received Union Cabinet approval for foreign direct investment (FDI) worth Rs.24,000 crore. Piyush Goyal, Finance Minister after the Cabinet meeting stated that, this investment...
The Union Cabinet, has approved a proposal allowing 100% foreign direct investment (FDI) in single brand retail via automatic routes. Till now, FDI upto 49%...
The Union Cabinet will waive Merchant Discount Rate (MDR) for all debit cards, BHIM and UPI transactions up to Rs.2,000 for at least 2 years, for increasing...
The Union Cabinet has cleared the ordinance for making changes to the Insolvency and Bankruptcy Code (IBC). The IBC is likely to help in streamlining...
The government has provided its approval to a Rs 1,423 crore highway project in Andhra Pradesh, part of the high density Kolkata-Chennai traffic corridor. According...