The industrial policy, expected to be released this year, would have been the third such framework in the history of independent India, replacing the historic policy of 1991 that came in the backdrop of the balance of payment crisis, ushering in the liberalisation of the economy.
In November last year, the ministry had put out the common ITR form in public domain seeking comments and suggestions from stakeholders.
In India, rates of 24-carat gold slipped by Rs 170 per 10 grams to Rs 61,470.
The price cut and expansion of PMUY, which came ahead of Assembly elections in five states later this year and the Lok Sabha elections next year, was described by the government as its gift to the people on the occasion of Raksha Bandhan and Onam.
Mukesh Ambani’s three children – twins Akash and Isha (both 31) and Anant (28 years) – will get only a sitting fee and a commission on the profit earned by Reliance Industries.
Board discussions have to be free, fair and democratic, Shaktikanta Das said, addressing directors of Urban Cooperative Banks (UCBs) at a meeting organised by the Reserve Bank of India (RBI) in Mumbai.
The BSE Sensex climbed 177.63 points to 65,064.14 in early trade. The NSE Nifty gained 62.2 points to 19,328.
While the Indian fintech industry has been growing over the last few years, there have been concerns over valuations, leading to slowdown in funding to the sector.
As per a recent SBI research report, the banking industry will require Rs 84,000 crore of excess capital or five per cent increase on Rs 15.2 lakh crore capital requirement following the RBI decision to tighten the risk weights on unsecured loans.
Ambani underlined the commitment to fast-track execution of its Green Energy Giga Manufacturing Complex at Jamnagar. He also said that the company will deliver a fully-integrated, end-to-end solar PV manufacturing ecosystem.