100 per cent FDI in construction development through automatic route
New Delhi: The Union Cabinet approved 100 per cent foreign direct investment in single brand retail sector; it also approved 49 per cent foreign investment cap in the beleaguered national carrier, Air India. Apart from single brand retail, the Cabinet also...
Cabinet approves merger of Railway Budget with Union Budget
New Delhi/Nagpur: The 92-year-old practice of presenting a separate Railway Budget will come to an end from the next fiscal with the Union Cabinet approving the decision to merge it with the General Budget, media reports say. The move will come...
Cabinet approves 6% hike in DA for central govt employees
New Delhi: The Union Cabinet on Wednesday approved a proposal to increase the dearness allowance (DA) to 119% from 113%. The move will potentially benefit over one crore government employees and pensioners. "The proposal to increase dearness allowance by six percentage points...