Page 1332 - Economy & Policy News

Railways entrusts RLDA to redevelop 49 additional railways stations

The Indian Railways has entrusted the Rail Land Development Authority (RLDA) to redevelop additional 49 railway stations across the country, an official statement said on Tuesday.

Rural consumers' brand adoption

The question remains whether rural households that experimented with a packaged branded atta or packaged branded detergent will continue to use the same

Over 100 mn litres of milk transported by 'Doodh Duronto' trains to Delhi

Over 10 crore litres of milk has so far been transported by 'Doodh Duronto' special trains from Renigunta of Andhra Pradesh to the national capital, the Railway Ministry said.

DDA approves e-auction of CNG station sites, modification in parking norms

The DDA on Tuesday gave its approval to a policy for e-auction of CNG station sites, seeking to bring greater transparency and increase efficiency in the process of allotment, officials said

Sebi merges debt securities rules into single regulation

To ease the compliance burden on listed entities, Sebi has merged rules pertaining to the issuance of debt securities into a single regulation

Nearly 0.7% of GDP spent on R&D, strengthening of S&T infra from 2014-19

Nearly 0.7 per cent of the GDP was spent every year on research and development, including strengthening of science and technology infrastructure, during 2014-15 to 2018-19, Rajya Sabha was informed

Demand to increase reservation cap requires careful examination: Minister

Virendra Kumar on Tuesday said there is a need for careful examination of the demand made by several Lok Sabha members for increasing the cap of reservation beyond 50 per cent

India ranks 122nd on new Global Youth Development Index among 181 countries

India is ranked 122nd on a new Global Youth Development Index measuring the condition of young people across 181 countries, released by the Commonwealth Secretariat in London on Tuesday

MNRE launches interest subvention scheme for energy biomethanation projects

MNRE on Tuesday said it has launched a loan interest subvention scheme in association with UNIDI and GEF to provide financial assistance for innovative waste to energy biomethanation projects

Realtors' body Credai seeks input tax credit under GST for developers

Realtors' body Credai on Tuesday demanded that input tax credit (ITC) under the GST regime should be allowed to developers, saying this could lead to a reduction in housing prices by 10 per cent.

Number of billionaires in India stands at 136 in FY21, 5 less from FY20

The number of billionaires in India came down to 136 in 2020-21 from 141 in 2019-20, based on the gross total income declared in the income tax return, FM Nirmala Sitharaman informed Parliament

Finance Ministry releases Revenue Deficit Grant of Rs 9,871 cr to 17 states

The Finance Ministry has released its fifth monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 9,871 crore to the states on August 9

Exports up over 50% to $7.41 bn during August 1-7, shows govt data

The country's exports rose by 50.45 per cent to USD 7.41 billion during August 1-7, on account of healthy growth in the shipments of engineering goods, gems and jewellery as well as petroleum products

Govt taking steps to check impact of online retailers on small biz: Goyal

Union minister Piyush Goyal flagged concerns about the influence of big online retailers that is adversely impacting small players

States oppose Electricity Bill as Centre pushes reforms in power sector

The proposed new Bill is slated to be placed on the floor of the Parliament in the current session

Digital payments continue to grow; significant growth in tier II, III towns

Digital transactions have continued to grow at a strong pace in the country with increasing acceptance in tier II and III towns, a report by fintech firm Razorpay said

New Excise Policy to generate revenue, ensure ease of doing biz: Delhi govt

The Delhi government has defended its New Excise Policy 2021 before high court, saying that the new regime would generate optimum revenue and ensure ease of doing business

Indian promoters likely to give personal guarantee on foreign assets

RBI proposal a departure from current norms under Fema

Recovery tracker: Power generation up to 3-week high, mobility spikes

The power generation recovered sharply week on week basis as a lull in monsoon rains raised temperatures across the country

Ending retro tax to boost $5-trn economy dream: FM Nirmala Sitharaman

Rajya Sabha returns Bill to Lok Sabha amid Opposition protests