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RBI imposes restrictions on deposit of old notes until Dec 30

Dec 19, 2016, at 09:55 pm

New Delhi, Dec 19 (IBNS): The Reserve Bank of India (RBI) on Monday has imposed new conditions on deposit of old notes exceeding Rs 5,000 in a bank account till Dec 30.

Demonetisation move has advantages: Jaitley

Dec 14, 2016, at 12:13 am

New Delhi, Dec 13 (IBNS): Batting in favour of the cash ban move launched by the Centre last month, Union Finance Minister Arun Jaitley on Tuesday said the entire step taken by the government has 'advantage'.

Less cash economy to help India leap frog to levels of developed world in doing business: ASSOCHAM President

Dec 10, 2016, at 11:07 pm

New Delhi, Dec 10 (IBNS): Prime Minister Narendra Modi’s bold drive to take the economy into a ‘less cash’ mode through a multi-pronged strategy would not only check the menace of black money and corruption but would also lead to a large part of the informal economy into the organised sector , said ASSOCHAM President Sunil Kanoria.

Narendra Modi meets members of India-Japan Business Leaders’ Forum

Nov 11, 2016, at 02:45 pm

Tokyo, Nov 11 (IBNS): Prime Minister Narendra Modi on Friday met members of the India-Japan Business Leaders’ Forum here and said Japan can take advantage of the conducive business environment in India.

Currency ban: Banks to remain open this weekend

Nov 10, 2016, at 04:25 am

New Delhi, Nov 9 (IBNS): In the wake of the Centre's decision to scrap all old Rs 500 and Rs.1000 notes, all banks will remain open on Saturday and Sunday this week to facilitate the process of replacement of currencies.

Currency Ban: Kailash Satyarthi lauds move, congratulates PM Modi

Nov 09, 2016, at 06:53 pm

New Delhi, Nov 9 (IBNS): Nobel laureate and child rights activist, Kailash Satyarthi lauded Prime Minister Narendra Modi's decision to ban 500 and 1000 Indian Rupee notes in order to curb black money.

Research indicates Indian consumer’s preference for the Indian Gold Coin

Oct 13, 2016, at 06:13 pm

Kolkata, Oct 13 (IBNS): The Indian Gold Coin is among the key initiatives of the gold monetisation programme launched by Prime Minister Narendra Modi on Nov 5, 2015 and is the country’s first sovereign gold coin.

Cabinet approves MoU with AARDO in the field of rural development

Oct 05, 2016, at 09:33 pm

New Delhi, Oct 5 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday given its approval to the signing of a Memorandum of Understanding (MoU) between India and the African Asian Rural Development Organization (AARDO) for capacity building programmes in the field of rural development.

Cabinet gives ex-post facto approval to Varistha Pension Bima Yojana, 2003 and Varistha Pension Bima Yojana, 2014

Sep 28, 2016, at 11:09 pm

New Delhi, Sept 28 (IBNS): The Union Cabinet under the Chairmanship of Prime Minister Narendra Modi has given its ex-post facto approval for the Varishtha Pension Bima Yojana (VPBY) 2003 launched on July 14, 2003 and Varistha Pension Bima Yojana (VPBY) 2014 launched on Aug 14, 2014.

Cabinet approves USOF support to BSNL for Rural Wire-line connections

Sep 22, 2016, at 12:08 am

New Delhi, Sept 21 (IBNS): The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal to extend subsidy support of Rs. 1,250 crore to Bharat Sanchar Nigam Limited (BSNL) from Universal Service Obligation Fund (USOF), as compensation for deficit incurred by BSNL in operating the Rural Wire-line connections installed prior to Apr 1, 2002.

Cabinet approves Capital Grant to GAIL for development of Gas Infrastructure in eastern India

Sep 22, 2016, at 12:00 am

New Delhi, Sept 21 (IBNS): The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi has approved viability gap funding or partial capital grant at 40 percent (Rs. 5,176 crore) of the estimated capital cost of Rs. 12,940 crore to GAIL for development of 2539 km long Jagdishpur-Haidia and Bokaro-Dhamra Gas Pipeline (JHBDPL) project.

Cabinet approves simplification and liberalisation of FDI policy in diff sectors

Sep 01, 2016, at 12:47 am

New Delhi, Aug 31 (IBNS): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday given its ex-post-facto approval for the FDI policy amendments announced by the Government on June 20.

PM urges gems and jewellery industry to work towards establishing a global presence

Jul 24, 2016, at 05:00 am

New Delhi, July 23 (IBNS) Prime Minister Narendra Modi on Saturday urged the gems and jewellery sector in India to look beyond the domestic market and establish a global presence.

RBI governor: PM's policy adviser Panagariya a likely candidate

Jul 12, 2016, at 07:18 pm

New Delhi/Mumbai, Jul 12 (IBNS): Arvind Panagariya, policy adviser to Prime Minister Narendra Modi, might be appointed as the next Reserve Bank of India (RBI) chief, according to media reports on Tuesday.

The gaining spree of Indian benchmark indices halts on Tuesday

Jul 06, 2016, at 04:49 am

Mumbai, Jul 5 (IBNS): Indian benchmark indices declined on Tuesday, snapping its six consecutive days of gain, on the back of profit booking, especially in auto stocks, and weak global cues, with Sensex down 111.89 points to 27166.87 and Nifty down 34.75 points to 8335.95.

Cabinet approves the National Apprenticeship Promotion Scheme

Jul 06, 2016, at 12:48 am

New Delhi, July 5 (IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi has approved a National Apprenticeship Promotion Scheme.

Union Cabinet appraises Modi of a joint issue of postage stamps between Department of Posts, Portugal Post

Jul 06, 2016, at 12:33 am

New Delhi, July 5 (IBNS) The Union Cabinet chaired by Prime Minister Narendra Modi was apprised of a joint issue of postage stamps between Department of Posts and Portugal Post.

Govt introduces 100 pct FDI in civil aviation

Jun 21, 2016, at 05:44 am

New Delhi, June 20 (IBNS): In a major reform, the Union Government radically liberalized the FDI regime on Monday and permitted 100% foreign ownership in defence and civil aviation.

Qatar’s Al Sawari Holding signs MoU during PM Modi’s Doha visit

Jun 08, 2016, at 12:37 am

Doha, June 7 (IBNS) Al Sawari Holding, one of Qatar’s leading private companies with interests across hospitality, real estate and education sectors today signed a Memorandum of Understanding (MoU) and management agreements to mark its entry into India.

Global CEO of Oracle Safra Catz meets PM Modi

Feb 12, 2016, at 09:33 pm

New Delhi, Feb 12 (IBNS) Global CEO of Oracle Safra Catz called on Prime Minister Narendra Modi on Friday.

India is among the most open countries for Foreign Investments: Modi

Nov 13, 2015, at 05:42 am

London, Nov 12 (IBNS): With the recent rounds of investments announced, Prime Minister Narendra Modi on Thursday said India is among the most open countries for Foreign Investments.

PM Modi visits 1965 war memorials in Punjab; spends Diwali with officers and jawans of the Indian Armed Forces

Nov 12, 2015, at 01:30 am

Amritsar, Nov 11 (IBNS): Prime Minister Narendra Modi on Wednesday visited three memorials in Punjab which commemorate some of the spectacular successes of the Indian Armed Forces in the 1965 war.

Indian economy is doing better now: Modi

Nov 06, 2015, at 10:49 pm

New Delhi, Nov 6 (IBNS): Prime Minister Narendra Modi on Friday said Indian economy is performing better than the time his government came to power in 2014.

Narendra Modi to address India-US Start Up Konnect 2015

Sep 19, 2015, at 10:02 pm

New Delhi, Sept 19 (IBNS) : Following the Prime Minister Narendra Modi’s clarion call of ‘Start up India, Stand up India’ from the ramparts of the Red Fort, NASSCOM, TiE Silicon Valley, and IIM Ahmedabad’s CIIE India are hosting the first India- U.S. Startup Konnect in the Silicon Valley on Sept 27 to showcase the strengths of India’s startup ecosystem.

Combination of integrity with MUDRA-capital-will be key to success for small entrepreneurs: Modi

Apr 08, 2015, at 09:36 pm

New Delhi, Apr 8 (IBNS): Prime Minister Narendra Modi on Wednesday said that supporting the small entrepreneurs of India is the biggest way to help the Indian economy grow and prosper.

Agriculture sector is key to poverty eradication: Modi

Feb 14, 2015, at 09:39 pm

Baramati, Maharashtra, Feb 14 (IBNS) Prime Minister, Shri Narendra Modi, Saturday said that the agriculture sector is key to eradication of poverty in India.