Govt bond yields slide 5 bps over weekend, in tandem with US benchmark

The Indian government bond yields fell sharply on Monday, mirroring US bond yields over the weekend, as signs of weakening economic growth worldwide raised questions over the degree of policy tightening that central banks may execute. Yield on the domestic 10-year benchmark 6.54 per cent 2032 paper fell 5 … Read more

Rajasthan govt set to introduce India’s first right-to-health Bill

The Rajasthan government is soon likely to introduce in the Assembly the Right to Health Bill — the first of its kind in India — which aims to commit to quality and affordable health care services through government and private health care providers. In January, the government had prepared … Read more

Govt to review windfall tax on crude oil and fuel exports every fortnight

The government will review the just introduced windfall tax on domestically produced crude oil and fuel exports every two weeks based on foreign currency rates and international oil prices, but no levels have been fixed for its recall, top officials said on Monday. Revenue Secretary Tarun Bajaj said the … Read more

ACME, Tata Power among 60 firms to sign MoUs worth Rs 1.25 trn with TN govt

In an impetus to Tamil Nadu’s goal of becoming a $1 trillion economy, the state secured investments worth Rs 1.44 trillion on Monday by signing of memoranda or understanding, laying of foundation stones and inauguration of new projects. MoUs for as many as 60 projects involving a cumulative investment … Read more

Govt mulls penalising companies for EV fire as voluntary recall begins

Months after a spate of fires in two-wheelers put a dent in India’s EV overdrive, the central government will soon take a call on whether or not to take penal action against manufacturers of faulty electric vehicles. In April, Union Minister for Road Transport, Nitin Gadkari, warned EV makers … Read more

Latest news Live: AAP govt to bring resolution against Agnipath scheme

Live news updates: The two-day Monsoon session of the Delhi Assembly will start on Monday, in which Arvind Kejriwal-led AAP government will table a Bill to increase the salaries of MLAs, according to an Assembly bulletin. The AAP government is likely to bring a resolution against the Centre’s Agnipath defence recruitment … Read more

Green activists protest as Maha govt decides to move project back to Aarey

Environmentalists are gearing up for another round of battle over the Metro-3 car shed project, which the new Eknath Shinde-led government in Maharashtra has proposed to move back to Mumbai’s Aarey forest, an 1,800 acre area which is often termed as the city’s ‘green lung’. Apart from leopards, some … Read more