Page 1331 - Economy & Policy News

Passage of OBC bill landmark moment for nation, says PM Modi

Prime Minister Narendra Modi said on Wednesday that it underscores his government's commitment to ensuring dignity, opportunity and justice to the marginalised sections

Tamil Nadu to become third state to present separate agricultural Budget

Experts divided over the outcome, but Andhra experience shows encouraging signs

Explained: Why IRCTC wants a partner for its premium train operations

Why the Railways' wholly-owned subsidiary wants a partner for its premium train operations

Billion-dollar online gaming industry seeks clarity on valuation, taxation

The industry has now come out with a report to make a case for itself, and put forth the matter of taxing the business

RBI's surplus funds can be used for road projects, says Nitin Gadkari

Addressing a virtual CII meet, Gadkari said that the National Highways Authority of India should also have a financial arm such as the Power Finance Corporation

Operating CPSEs' net profit declines 34.6% to Rs 93,295 crore

The decline was mainly attributed to a sharp reduction in the profits of petroleum refiners and marketing cognate groups

India will fast track trade deals with six nations: Commerce Secretary

The earliest one may be inked with the UAE

RoDTEP tax refund rates likely by Friday, says Commerce Secretary

The scheme will ensure that exporters receive refunds on the embedded taxes and duties previously non-recoverable

Retro tax gone, industry must revive animal spirits: Revenue Secretary

Revenue Secretary Tarun Bajaj says withdrawal of retrospective tax amendments is the government's policy to provide a stable and predictable tax regime

Rs 6 trillion asset monetisation plan in the offing, says DIPAM secretary

"National monetisation plan will have a range of assets from Power Grid pipelines to national highways, toll operate transfer (TOTs)," said Pandey

Andhra Pradesh tax collection targets enhanced for additional revenue

Faced with a severe resource crunch, the Andhra Pradesh government has revised the tax collection targets to mop up an additional Rs 1,700 crore during the current financial year

Top headlines: PM says retro tax 'mistake of past'; 10 dead in HP landslide

Business Standard brings you the top headlines this evening

The many ways in which e-RUPI could alter the country's economic landscape

e-RUPI: The mechanism could eliminate dual pricing and target the black economy, while taking the nation one step forward towards establishing its own digital currency

Parliament passes bill for privatisation of state-run general insurers

The General Insurance Business (Nationalisation) Amendment Bill, 2021, was passed by the Lok Sabha on August 2.

111 million families in India's villages still await potable tap water

A third of villages don't have piped supply infra, another third does, but tap provision work to households hasn't yet begun. Govt has promised to spend Rs 50,000 cr to expedite the scheme

Tamil Nadu to become third state to present separate agri budget on Aug 14

While experts are divided over the outcome; Andhra experience shows positive signs

Economy picking up pace, industry needs to increase risk appetite: PM Modi

He added that now Indians want made in India goods irrespective of the origin of the company that is producing the goods.

Exports may touch $1 trillion by FY28; RoDTEP rates likely by Friday: Secy

The secretary said that Indian exports have been roughly fluctuating between $290 billion and $330 billion for the last 10 years.

My target is to achieve 100 km per day of highway construction: Gadkari

The pace of highway construction in the country touched a record 37 km per day in 2020-21.

Abolition of retro tax to strengthen investors' confidence: PM at CII event

India now has 60 unicorns, 21 of them reaching that status in last few months, says PM