India urges OPEC to end the Asian Premium
India demanded ending of the Asian premium charged by OPEC countries from Asian countries on crude prices. Petroleum Minister Dharmendra …Read More

Oil PSU merger: ONGC to acquire 51.11% stake in HPCL
Country’s upstream major company – the ONGC Ltd has got President’s consent to acquire majority stake in the downstream firm …Read More

Nine more cities included under Smart City Mission
Nine more cities included under Smart City Mission The Ministry of Housing and Urban Affairs has brought nine more cities …Read More

Government launches bid for 55 oil and gas blocks invited under OALP
Government launches bid for 55 oil and gas blocks invited under OALP The government has initiated auction procedures for 55 …Read More

Government cut downs additional borrowing target
The Finance Ministry announced that the government will cut down the earlier announced additional borrowing from Rs. 50000 crores to …Read More

Air India will be divided into four separate companies for disinvestment
Union Minister of State for Civil Aviation, Jayant Sinha revealed that the government will split government owned Air India into …Read More

The government may not eliminate MAT for SEZ Units
Though a Committee for SEZ that constituted to review the Minimum Alternative Tax on SEZ units recommended for its abolition, …Read More

Virtual ID for Aadhaar
The UIDAI released the concept of a temporary, 16-digit Virtual ID (VID) that can be used by Aadhaar card holders …Read More

E-Way Bills to be mandatory from February 1 onwards
The GSTN statement indicated that e-way bills will be made mandatory from February 1, 2018 onwards. Already four states – …Read More

Tax Department attaches Benami properties worth over Rs 3500 crores
The Income Tax Department has attached Benami properties from 900 cases worth over Rs 3500 crores. This is the biggest …Read More
