Page 1333 - Economy & Policy News

Govt clears amendments to LLP Act; to decriminalise 12 offences under law

The government on Wednesday approved amendments to the Limited Liability Partnership (LLP) Act, including decriminalising 12 offences under the law

Farmers discuss Contract Farming Act on Day 5 of the Kisan Sansad

The fifth day of the Kisan Sansad that is running parallel to the Monsoon session of Parliament saw farmers deliberating on the Contract Farming Act, 2020, according to a statement

Large govt capex a possible saving grace for economy in FY22: Sunil Mehta

A large capex by the government can be a saving grace for the economy, Yes Bank Chairman Sunil Mehta said

Zomato aside, Few loss making firms had post-IPO gains in past 10 years

While 51% of profit-making companies had positive returns one year after IPO, for companies that bore losses in at least one in the previous three years, the proportion was 30%

MSME credit demand surges as markets reopen in June: Report

In March 2021, commercial credit enquiries were at 32 per cent over pre-Covid-19 levels.

Second Covid wave hits Indian beer industry, outlook is volatile: UBL

Beer comprises about 12 per cent of the total alcohol consumed in India.

Gems and jewellery units to miss the sparkle again: Crisil SME Tracker

The first quarter bore the impact of lockdowns imposed by states to contain the second wave of infections

Govt's stimulus package for economic revival 'inadequate': Par panel

The committee has recommended that to ensure the survival of small enterprises, it is imperative for the government to provide them with much-needed liquidity

Petrol, diesel prices unchanged; here are the prices in your city today

In New Delhi, petrol is selling at Rs 101.84 per litre. In Mumbai, the price stands at Rs 107.83

Agri sections with minimum state intervention grow fastest, shows data

The data shows that over the past 10 years, not only horticulture but the production of eggs, meat, milk and also fruits and vegetables have been faster than conventional foodgrain

Next toll-operate-transfer bundle to have Uttar Pradesh highways

NHAI picks Mazars as consultant for the sixth round

Indian govt should restart scheduled international flights : IATA DG

The civil aviation ministry put in place a cap on capacity and fares following resumption of domestic air travel last May.

Trade, security on agenda as Antony Blinken meets PM Modi today

Blinken is on a two-day visit to India and arrived in New Delhi on Tuesday. This is his first visit to the country as secretary of state

Andhra Pradesh and Telangana water-share war seems far from over

The two boards, say experts, will limit states' share of water to only up to their requirement

Indian aviation mkt's recovery impacted by cap on fares, capacity: IATA DG

The Indian aviation market's recovery has been significantly impacted by caps on fare and capacity which have been placed by the government since May last year

Over 687 million transactions done under PM-KISAN scheme, says govt

As many as 68.76 crore transactions have been done under PM-KISAN scheme till the end of June this year

IMF slashes India's economic growth forecast for FY22 to 9.5%

However, IMF sees India's GDP growing by 8.5%, 160 basis points higher than its earlier projection, in the next financial year (FY23)

Nearly Rs 49,000 crore lying unclaimed with banks, insurers: Karad

An estimated Rs 49,000 crore is lying unclaimed with banks and insurance companies, the Minister of State for Finance Bhagwat Karad informed the Rajya Sabha on Tuesday.

DGGI detects Rs 278 crore GST evasion in railway purchases since July 2017

Probe relates to wrong classification of rail supplies by bidders from July 2017 to June 2021

Cairn arbitration: Govt confirms French court order against Indian assets

MoS Finance, in a written reply to a question in Rajya Sabha, said govt has filed an appeal against an international arbitration tribunal overturning levy of Rs 10,247 cr in back taxes on Cairn Energy