Page 1181 - Economy & Policy News

Atal Innovation Mission releases compendium of innovations on agri, tech

Niti Aayog's Atal Innovation Mission released a compendium on the innovations on technology.

IT, pharma, electronics departments ask for top-up funds in PLI push

Govt sets up panel to look into demand after strong industry response

2021, the year that was: Of farmers, protests and three dead laws

The ninth of year-ender series finds out why farm sector's multiple problems remain unresolved

Govt extends FY'21 GST annual return filing deadline till Feb 28

GSTR 9 is an annual return to be filed yearly by taxpayers registered under the Goods and Services Tax (GST)

GST Council meet on Dec 31, to discuss rate rationalisation

The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on December 31 and discuss, among other things, report of the panel of state ministers on rate rationalisation

Ahmedabad most affordable housing mkt; Mumbai unaffordable: Report

Ahmedabad is the most affordable housing market among eight major cities while Mumbai is unaffordable due to high EMI to total income ratio, according to Knight Frank.

I-T dept relaxes time till Feb'2022 to complete verification of FY'20 ITRs

Taxpayers who have not e-verified their ITRs for 2019-20 fiscal can complete the verification process by February 28, 2022, as the Income Tax department has given a one-time relaxation to assessees.

Roads: Robust awarding to keep revenue in fast lane, says CRISIL analysis

CRISIL expects revenue of road EPC players to grow 10-12 per cent and margin to remain range bound at 13.5-14 per cent

Online retail rules when it comes to smartphone sales, says study

This reflects the rising consumer trust and digitalisation of purchase journeys fueling online retail contribution to overall category sales of smartphones, said a report from GfK market intelligence

Hiring by e-commerce firms set to rise 32% in 2022: TeamLease report

From a location perspective, the last quarter saw Kolkata and Gurgaon as top regions for employment in these sectors and among roles, sales and office services stood out, says report

Trading on a buffer: Can India afford to commercialise its fuel reserves?

India's decision to commercialise half its strategic petroleum reserves could jeopardise its energy security

RBI expresses doubts over govt meeting fiscal deficit targets

The government has budgeted for total expenditure of Rs 34.83 lakh crore or 6.8 per cent of GDP

Project development cells in 29 depts to fast track investment: Govt

The cells enhance the pipeline of investible projects in India, it said

Income tax returns' filing for FY21 crosses 50 mn-mark: I-T Dept

Over five crore income tax returns (ITR) for the financial year ended March 2021 have been filed so far, the I-T department said on Wednesday.

Exporters across sectors are flushed with orders for next fiscal: FIEO

Additional exports will come from some of the PLI (production-linked incentive) sectors in the next fiscal, it said

UP govt needs to reinvent its financial model to come out of backwardness

The most populous state remains behind the national average on most parameters, with lower expenditure levels than needed

ICRA upgrades telecom services industry outlook to 'stable': Here's why

The hike coupled with consistent upgradation of subscribers to 4G from 2G and increase in usage of telephony services is expected to result in improvement in industry ARPU

2.4% of 4,461 different edible oils samples found to be sub-standard: FSSAI

About 2.42 per cent of the 4,461 samples of different edible oils from 587 districts and four metros are found to be non-compliant with safety parameters, food safety regulator FSSAI said on Wednesday

Govt begins inviting applications under PLI scheme for speciality steel

March 29, 2022, has been fixed as the last date to submit the applications

Tough Inflation control steps achieve intended goals, but at no small cost

While the steps have had the desired impact to some extent, experts have criticised them for burdening farmers and going against the concepts of open markets and 'atmanirbharta'