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Cabinet Committee on Economic Affairs (CCEA)

Aviation: CCEA approves development of new airport in Rajkot

Aviation: CCEA approves development of new airport in Rajkot

Fri, Mar 01, 2019

"Considering the constraints and compulsions with respect to the existing airport, the state government desires to develop a new greenfield airport in Rajkot.

Union Cabinet approves sale of govt's 52.63 pct stake in REC to PFC

Union Cabinet approves sale of govt's 52.63 pct stake in REC to PFC

Thu, Dec 06, 2018

"The CCEA gave in principle approval for strategic sale of the Government of India's existing 52.63 per cent of total paid up equity shareholding in REC Ltd to Power Finance Corporation along with transfer of management control," Finance Minister Arun Jaitley said at a press conference after the Cabinet meeting here.

AirAsia India says no plans to look at Air India stake

AirAsia India says no plans to look at Air India stake

Tue, Jan 16, 2018

Low-frills carrier AirAsia India has ruled any plans to participate in the Air India stake sale, saying its focus remains on the building the existing brand and flying international, which is expected to happen from early next year.

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Cabinet approves 9 railway network expansion projects worth over Rs 24,000 crore

Cabinet approves 9 railway network expansion projects worth over Rs 24,000 crore

Wed, Aug 24, 2016

This is a major boost to the infrastructure of the country and will facilitate travel as well as cargo transport in India.

ACC becomes Ambuja's subsidiary; what's on the road ahead?

ACC becomes Ambuja's subsidiary; what's on the road ahead?

Sat, Aug 13, 2016

Kotak Securities stated that with the deal between majority owners of both the companies, minority shareholders will get to be a shareholder of ACC which is believed to be a less efficient company by market analysts and shareholders.

7th Pay Commission: Cabinet gives its approval; employees to get Rs 1 lakh crore

7th Pay Commission: Cabinet gives its approval; employees to get Rs 1 lakh crore

Wed, Jun 29, 2016

The Cabinet Committee on Economic Affairs (CCEA) has hiked the gratuity cap for government employees from Rs 10 lakh to Rs 20 lakh, according to sources.

Arun Jaitley snubs Swamy; says have full confidence in Arvind Subramanian

Arun Jaitley snubs Swamy; says have full confidence in Arvind Subramanian

Wed, Jun 22, 2016

In one of his strongest replies condemning Swamy's attack he said, “To what extent should we attack those, the discipline and constraint of whose offices prevent them from responding, its happened more than once.”

Yes Bank likely to raise nearly Rs 6,653 crore from overseas investors in FY17

Yes Bank likely to raise nearly Rs 6,653 crore from overseas investors in FY17

Thu, Jun 02, 2016

"We have now headroom of about 32% with the approval. There is no immediate need for raising capital but depending on market conditions, we can raise during the current fiscal," Yes Bank Managing Director Rana Kapoor told PTI.

Govt hikes minimum support price of pulses by Rs 425 per quintal

Govt hikes minimum support price of pulses by Rs 425 per quintal

Wed, Jun 01, 2016

The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, has given its approval for the hike in the MSPs for all Kharif crops of the 2016-17 season.

5/20 rule set to go as Cabinet takes up Civil Aviation Policy on Wednesday

5/20 rule set to go as Cabinet takes up Civil Aviation Policy on Wednesday

Tue, May 17, 2016

The existing 5/20 rule states that airlines must have completed at least 5 years before they can fly international flights.

FIPB clears over Rs 13,000 crore FDI proposals; hikes foreign investment limit in Axis Bank

FIPB clears over Rs 13,000 crore FDI proposals; hikes foreign investment limit in Axis Bank

Sat, Apr 30, 2016

The Foreign Investment Promotion Board (FIPB) in its meeting on Friday cleared 5 out of 14 proposal, a finance ministry official said.

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