New Delhi, March 5 The Union Cabinet on Wednesday approved the mega consolidation in public sector banks (PSBs) with effect from April 1, under which 10 state-run banks would be transformed into 4 big banks. It also approved the scheme
New Delhi, Feb 20 The Union Cabinet on Wednesday approved the proposal of Securities & Exchange Board of India (SEBI) to sign an updated Alternative Investment Fund Managers Directive (AIFMD) agreement with Financial Conduct Authority (FCA) of the UK. An
New Delhi, Feb 20 The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the setting up of the 22nd Law Commission. The commission, constituted for a period of three years from the date of publication of the
New Delhi, Jan 29 The Union Cabinet on Wednesday approved the allocation of 30 per cent of North Eastern Council’s (NEC) budget for new projects under the existing “Schemes of North Eastern Council” for development of deprived areas and neglected
New Delhi, Jan 23 The Union cabinet on Wednesday approved the signing of a memorandum of understanding (MoU) between India and Brazil on cooperation in the field of oil and natural gas. The MoU will enhance cooperation between the two
New Delhi, Dec 25 The Union Cabinet on Tuesday approved a proposal to promulgate an ordinance for the amendment of the Insolvency and Bankruptcy Code (IBC). The proposed amendment would provide protection to buyers from criminal proceedings against previous promoters
New Delhi, Dec 4 The Union Cabinet on Wednesday cleared the creation and launch of the Bharat Bond exchange traded fund (ETF) to deepen the bond market and to broaden investor base by allowing retail investors to participate. “Umbrella bond
New Delhi, Dec 4 The Union Cabinet on Wednesday gave its nod to the Citizenship (Amendment) Bill, 2019 that seeks to provide Indian nationality to Hindus, Christians, Sikhs, Parsis, Jains and Buddhists fleeing persecution from Pakistan, Afghanistan and Bangladesh, said
The Union Cabinet chaired by Prime Minister Shri Narendra Modi today approved the negotiating stand of India at the 25th Conference of Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) scheduled to be held in Madrid, Spain
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given approval for the Memorandum of Understanding (MoU) between India and Myanmar on bilateral cooperation for Prevention of Trafficking in Persons; Rescue, Recovery, Repatriation and Re-integration of victims of
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given ex-post facto approval for the MoUs between India and Saudi Arabia in the field of combating illicit trafficking and smuggling of Narcotic Drugs, Psychotropic Substances and Chemical
The Union Cabinet chaired by Prime Minister Shri Narendra Modi today approved the signing of the Double Taxation Avoidance Agreement (DTAA) and Protocol between the Republic of India and the Republic of Chile for the elimination of double taxation and
New Delhi, Nov 10 Union Cabinet is likely to take up the strategic disinvestment of the entire stake of government of India along with transfer of management control in oil marketing PSU – BPCL this month to push ahead the
New Delhi, Oct 10 The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved inclusion of 5,300 displaced families of Pakistan-occupied areas of Jammu and Kashmir and now settled in Jammu and Kashmir, in the Prime Minister’s financial
New Delhi, Sep 4 The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved a capital infusion of Rs 4,557 crore by the government in the IDBI Bank. The government’s contribution was limited to its shareholding because LIC,
New Delhi, July 18 The Union Cabinet on Wednesday approved the Companies (Amendment) Bill, 2019 with an aim to increase ease of doing business and strengthening corporate governance. The Bill, when passed as an Act, would replace the Companies (Amendment)
New Delhi, July 4 The Union Cabinet on Wednesday approved the proposal for leasing out the Ahmedabad, Lucknow and Mangaluru airports of the Airports Authority of India (AAI) through the public-private partnership (PPP) mode. The airports would be leased out
New Delhi, June 13 The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved a memorandum of understanding (MoU) in the field of legal metrology between India and Kyrgyzstan. The MoU will be signed on the sidelines of
New Delhi, June 13 The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the draft Homoeopathy Central Council (Amendment) Bill, 2019. It will replace the Homoeopathy Central Council (Amendment) Ordinance, 2019. The Bill seeks to extend the period
New Delhi, April 16 The Union Cabinet on Monday approved creation of an additional post of Deputy Comptroller and Auditor General (Coordination, Communication and Information System) in the office of Comptroller and Auditor General (CAG) of India. The position in
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