As the India Meteor ological Department (IMD) has predicted normal monsoon this year, the government is targeting yet another bumper foodgrain and horticulture production in the new crop year 2017-18 (July-June).
Online retailing major Flipkart is believed to have sent a revised offer of USD 900-950 million to buy smaller rival, Snapdeal, according to sources.
The government has put its plans to create a large integrated public sector ‘oil major’ in full gear.
The euphoria around cigarette companies’ stocks is set to die down. The GST Council on Monday increased compensation cess on cigarettes to take away the ‘windfall’ gains made by manufacturers of the sin item.
NDA had promised to create 1.2 crore jobs a year during the 2014 Lok Sabha campaign. However, the government's record on job creation has been poor
The government is working on a consolidation agenda with a view to creating three-to-four global-sized banks and reduce the number of state-owned lenders to about 12, an official said.