In a big reform forthe telecom sector, the Centre Wednesday allowed 100% foreign direct investment (FDI) through automatic route in place of 49% at present. The rule will, however, not apply to countries that share a land border with India. Read more
The Union Cabinet on Wednesday approved a Rs 26,058 crore production linked incentive (PLI) scheme for auto, auto-components and drone industries to enhance India’s manufacturing capabilities, Union Minister Anurag Thakur said on Wednesday. Read more
The Supreme Court on Wednesday said it is 'very very unhappy'with the Centre over the 'cherry-picking of names'recommended for appointment to various tribunals by selection panels headed by the top court judges. Read more
The government on Wednesday said it has received multiple financial bids for buying national carrierAirIndia.Meanwhile, a Tata Sons spokesperson told PTI that it has put in a bid for the airline. Read more
A man in Bihar's Khagaria district received Rs 5.5 lakh in his account by a bank error, but refused to return the amount, claiming the money "was sent by Prime Minister Narendra Modi". Read more