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Economy

Expenditure Management Commission to rationalise subsidies

New Delhi: The Government is committed to the principle of “Minimum Government Maximum Governance”. In the budget it was committed to constitute an Expenditure Management Commission, which will look into various aspects of expenditure reforms including rationalisation of subsidies, to be undertaken by the Government. The Commission has been constituted …

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1.5 crore bank accounts opened in single day in India

New Delhi: The Prime Minister, Shri Narendra Modi, today declared the beginning of the end of financial untouchability in India, with the opening of an estimated 1.5 crore bank accounts across the country, in an exercise unprecedented in scale in economic history. Formally launching the Pradhan Mantri Jan Dhan Yojana …

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Bharat Domain Name launched

New Delhi: The National Internet Exchange of India (NIXI) has announced that .IN Registry has launched the Bharat domain name (भारत written in Devanagari script). It was launched by Minister for Communications and Information and Law and Justice, Shri Ravi Shankar Prasad today at a function held here. Speaking at …

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India to have Banking facility on Basic Mobile Phones

New Delhi: The Prime Minister, Shri Narendra Modi will launch the Pradhan Mantri Jan Dhan Yojana (PMJDY) tomorrow at a function in the national capital. On this occasion, an exhibition on Technology and Financial Literacy will be organized. The Prime Minister will visit this exhibition. A film on ‘Financial Inclusion’ …

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Israel, Thailand discusses business opportunities with Gujarat

New Delhi: New Delhi: Israel Ambassador H. E. Mr. Alon Ushpiz and Ambassador of Thailand HE Mr. Chalit Manityaku today paid courtesy visits to Chief Minister Smt. Anandiben Patel here. Smt. Patel praised both the envoys for affable diplomatic ties between India and Israel and India and Thailand. Gujarat Industries Minister …

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Australia to be partner in Vibrant Gujarat Global Summit

New Delhi: Gujarat Chief Minister Smt. Anandiben Patel today extended invitation to more than 1,000 industrialists, diplomats, captains of Indian Industry and other Indian states to partner and participate in the 7th edition of Vibrant Gujarat Global Summit 2015 going to be held between 11th -13th January, 2015 at Mahatma Mandir in Gandhinagar. …

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ADB to support India to reach its potential

New Delhi: The President of Asian Development Bank, Mr. Takehiko Nakao, called on the Prime Minister, Shri Narendra Modi, today. He complimented the Prime Minister on his Independence Day Speech which he termed inspiring. He was particularly touched the Prime Minister`s emphasis on change, removing silos within Government, improving co-ordination …

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PepsiCo Chairman laid stress on developing Nutritious Food Products

New Delhi: PepsiCo Chairman Ms. Indra Nooyi met the Food Processing Industries Minister,Smt. Harsimrat Kaur Badal in the capital today. Discussions were held on a wide range of topics concerning Food Processing Sector. Ms. Nooyi said that her company has already invested substantially in India’s Food Processing sector and they …

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FM of India Stresses on the Capital Increase in the ADB

New Delhi: The Union Finance Minister Shri Arun Jaitley stressed on the capital increase in the Asian Development Bank (ADB) to maintain a leading role in development financing in Asia. Shri Jaitley was making the opening remarks when Mr. Takehiko Nakao, President, Asian Development Bank (ADB) called on him in …

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Gujarat demands Rs.1200 crores for Lokayukta

New Delhi : Gujarat Finance Minister Shri Saurabhbhai Patel yesterday called on Union Finance Minister Shri Arun Jaitley and urged him to consider Desert Development Programme (DDP) area at par with Drought Prone Area Programme (DPAP) under Accelerated Irrigation benefit Programme (AIBP) Scheme. He requested that Government of India should …

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