Page 1142 - Economy & Policy News

Recovery tracker: Workplace attendance rise as Covid-19 cases decline

Airlines see more passengers, railway numbers show gains

India's proposed digital rupee needs more thought and less haste

One gain from the asset will be for Indians working abroad, sending money home will become simpler and cheaper.

K'taka CM urges Centre to extend GST compensation period upto 2024-25

Bommai presented the request when he called on Union Finance minister Nirmala Sitharaman in New Delhi on Monday.

20 bps reverse repo rate hike to help get buyers for G-secs: SBI report

During H1, banks were investing in G-secs and are not under stress due to rising yield

MGNREGA allocation: Provision and demand not in sync, say experts

FM had allocated Rs 73,000 crore towards MGNREGA in last year's Budget, which has been revised to Rs 98,000 crore on account of higher demand for the work

Little fiscal headroom for govt to respond to future shocks: Fitch

Rating agency says it revised Outlook on India's rating to Negative from Stable in June 2020, partly due to its assumptions about pandemic impact on public finance metrics

Time ripe for India to go on two-track growth path: FM Nirmala Sitharaman

Sitharaman exhorted the private sector not to miss the opportunity of kickstarting its investments

DIPAM's internal estimates had pegged FY23 divestment target at Rs 1.2 trn

Target rationalised to for better accounting, avoiding market distortion

Centre infuses Rs 20k cr in NaBFID; BBB invites applications for post of MD

The Banks Board Bureau has also sought applications for the position of managing director of the government-owned development finance institute

61.7 mn ITRs, 1.9 mn audit reports filed on new I-T portal: CBDT

Of 61.7 million ITRs filed for the assessment year 2021-22, 48 per cent of these are ITR-1, nine per cent is ITR-2, 13 per cent is ITR-3, 27 per cent are ITR-4

TV ratings body BARC to resume news channels' ratings starting mid-March

BARC had in October 2020 'temporarily suspended' the ratings on the news genre following a 'cash for ratings' scam allegedly involving top executives from Republic TV

Tax on unblended fuels may add to uncertainties in ethanol blending policy

Will a mug of ethanol mixed with petrol count as blended, will 5 per cent constitute a blend, or will the government publish a rule book?

Union Budget has outlined steps to boost MSMEs: Dalit trade body

Under the AYE League, business ideas have been invited online till February 15 and they will be scrutinised by experts from eight IITs and two IIMs, he said.

India, ASEAN can develop entire ecosystem for renewable energy: R K Singh

The High-Level Conference, over a period of two days, will focus on the theme: 'Experience and Innovations for Integrated Renewables Market'

Govt yet to decide on banks to be privatised, say MoS Finance Karad

The government has not yet decided on public sectors banks that are to be privatised, Minister of State for Finance Bhagwat Karad informed Parliament on Monday.

Hospitality sector improved in Q42021 on vaccination, eased curbs: JLL

Indian hospitality industry is on an upward trajectory with traveller confidence back, led by improved vaccination rates as well as ease in travel restrictions, investment management company JLL said.

Increasing digitisation in India, shift in financial behaviour: Niti VC

Kumar, while addressing 'NITI Aayog's Fintech Open Summit', further said the rise of fintech has accelerated financial inclusion

Interest subsidy of Rs 41,415 cr disbursed so far under PMAY (Urban): Govt

The government has disbursed interest subsidy of Rs 41,415 crore to 17.68 lakh beneficiaries so far under the Pradhan Mantri Awas Yojana (Urban), the Rajya Sabha was informed on Monday.

Dependence on import to meet thermal coal demand sharply reduced: Joshi

The government said the country's dependence on imports to meet thermal coal demand has sharply reduced and stressed that in the next financial year

Hotels clock 100% YoY growth in RevPar in last qtr of Calendar 2021: JLL

Indian hospitality industry is currently on a positive upward trajectory with traveller confidence backed by improved vaccination rates, and ease of travel restrictions, says JLL paper