Revised concession pact for PPP projects at ports
To make the investment climate more investor friendly, Centre has approved a revised model concession pact for projects based on public private partnership (PPP) design at major ports.
Waterways project to get Rs. 5,369 cr.
The Cabinet Committee on Economic Affairs approved the more than Rs. 5,369 crore Jal Marg Vikas Project for development of fairway on National Waterway-1 with the technical and investment support of the World Bank.
Manufacturing activity expedited
Activity in manufacturing quickened to the fastest pace in five years in December, bolstered by a sharp rise in output and new orders, according to a private sector survey
Government allay fears over FRDI bill
Government in its another clarification about the Financial Regulatory and Deposit Insurance (FRDI) Bill 2017 said the preferential treatment would be given to depositors and the bail-in clause would not be applied to public sector banks.
Cryptocurrencies are a Ponzi scheme, warns FinMin
The spurt in the prices of Bitcoin and other cryptocurrencies seems to have rung an alarm bell, with the Finance Ministry expressing concern and likening them to Ponzi schemes.