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Nine ministers took oath and four were promoted to Cabinet ranks as part of third reshuffle Modi carried out in as many years. (Photo: PTI)Nation
Modi congratulates those inducted in Council of Ministers

The ministers promoted were Mukhtar Abbas Naqvi, Dharmendra Pradhan, Piyush Goyal and Nirmala Sitharaman.

3 Sept 2017 2:35 PM IST

Cabinet Minister Piyush Goyal checks time in his wrist watch as he waits with cabinet colleagues Nirmala Sitharaman, Mukhtar Abbas Naqvi and Dharmendra Pradhan for the swearing in ceremony at Rashtrapati Bhavan in New Delhi on Sunday. (Photo: PTI)Nation
Cabinet rejig: Thrust on merit but eye on political goals too

Promotion of Naqvi and induction of former IAS officer Alphons Kannanthanam may help the saffron party in its minority...

3 Sept 2017 2:29 PM IST

Piyush Goyal is the new Railways Ministry and Nirmala Sitharaman is the new Defence Minister. (Photo: PIB)Nation
Nirmala Sitharaman gets Defence, Piyush Goyal is Railways Minister

Sitharaman became the second woman Defence Minister of the country; first was Indira Gandhi.

3 Sept 2017 1:41 PM IST

Although vigilance proceeding against directors are carried out by the Finance Ministry, the department proceedings or criminal proceedings against officials are carried out by bank itself.Business
Finance Ministry writes to heads of PSU banks on consolidation

The government has exempted mergers of nationalised banks from seeking fair trade watchdog CCI's approval.

3 Sept 2017 1:36 PM IST

Infosys is Indias second largest information technology company. (Photo: PTI)Business
Infosys promoters offer shares worth Rs 2,038 cr for buyback

At a buyback price of Rs 1,150 per share, this could mean a windfall of Rs 2,038.94 cr for promoter group.

3 Sept 2017 1:30 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August. Photo: PTIBusiness
FPIs hooked to debt mkt, stay invested for 7th month in a row

In January FPIs withdrew more than Rs 2,300 crore from the debt market.

3 Sept 2017 12:46 PM IST

The CBI registered a case of rape and criminal intimidation in December, 2002 and filed a chargesheet against Ram Rahim mid-2007 for the sexual exploitation of two sadhvis between 1991 and 2001. (Photo: PTI)Nation
After conviction, Govt withdraws Dera chief's access to VIP lounges at...

The ministry has asked the authorities to issue -"necessary instruction-" for compliance with the decision.

3 Sept 2017 12:41 PM IST

In an important step toward countrys energy security, state-owned oil explorer ONGC plans to double its gas production in the next 5-6 years.Business
JM Financial to advise govt on HPCL stake sale to ONGC

The merchant banker will assist the government on -"modalities of disinvestment and the timing.

3 Sept 2017 11:56 AM IST

Sebi is market regulator.Business
Sebi sees significant fall in pending investor complaints

The regulator received 40,000 investor complaints during 2016-17.

3 Sept 2017 11:44 AM IST

The complaint alleged lack of proper after-sales service network, delay in availability of spare parts, and abuse of dominant position to cheat the informant as there is no other service centre in the entire Gujarat except one authorised by Mercedes.Business
Mercedes expects govt support on taxation to boost production,

Mercedes Benz India sold 13,231 vehicles in 2016. From January to June 2017, the company has sold 7,171 units.

3 Sept 2017 11:39 AM IST

An SBI internal research report, Ecowrap, has pegged in a \fiscal deficit target of Rs 5.75 lakh crores for the financial year 2017-18, at 3.4 per cent of GDP.\Business
Lending rate cuts key to economic revival: BofAML

The rate cut was the first in 10 months and brought policy rates to a near 7-year low.

3 Sept 2017 11:22 AM IST

President Ram Nath Kovind, Vice President M. Venkaiah Naidu, Prime Minister Narendra Modi poses with some new members of cabinet after the reshuffle at Rashtrapati Bhavan in New Delhi on Sunday. (Photo: PTI)Nation
9 new ministers inducted into Modi's Cabinet, 4 promoted to the rank

Cabinet reshuffle and swearing in of new ministers was held ahead of Modi's visit to China.

3 Sept 2017 10:26 AM IST

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