Page 1333 - Economy & Policy News

'Chawl' revamp to slash Central Mumbai realty prices by up to 25%

Experts say over the next decade, 12-million sq. ft development will transform the micro markets of Worli and Lower Parel into a mid-market affordable housing settlement

PM announces Rs 11,000 cr plan to make India self-sufficient in edible oil

Targets to raise domestic palm oil production three times to 1.1 mn tonnes by 2025-26

Cracking the whip: TDS defaults by state PSUs, banks come under I-T lens

Tax dept plans to conduct over 500 survey operations to ensure compliance

Little-known solar firm gains traction, unseats NTPC in Madhya Pradesh

MP govt cancels PSA signed after record low bids in two solar parks

Ensure fares on metasearch not higher than ticket prices on websites: DGCA

Aviation regulator DGCA has asked airlines to ensure that the airfares on metasearch engine websites are not higher than the ones displayed on the carriers' websites, a senior official said on Monday.

Piyush Goyal asks traders to bring violations in law to notice of govt

Goyal's statement came a few hours after the Supreme Court did not accept the pleas of Amazon and Flipkart against a probe by the competition commission of India

Gadkari asks private players to come forward for developing social bonds

Union Minister Nitin Gadkari on Monday asked all private sector entities to come forward for the development of social bonds

Army given allocation of Rs 2.84 trn between 2017-18 and 2021-22: Govt

The Indian Army has been given a budgetary allocation of Rs 2.84 trillion between 2017-18 and 2021-22 as against Rs 2.22 trillion in the previous five-year period

Code red for humanity: UN report delivers dire warning on climate change

'CODE RED': IPCC says planet to warm by 1.5 degree Celsius in all growth scenarios over 20 yrs

Sidbi launches various MSME cluster development focussed initiatives

Small Industries Development Bank of India (SIDBI) on Monday said it has launched various micro, small and medium enterprises (MSMEs) cluster development focussed initiatives

India's fuel demand rose 7.9% y-o-y in July at 16.83 million tonnes

Consumption of fuel, a proxy for oil demand, totalled 16.83 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed

Bill to nullify retro tax to give impetus to India's $5 trn goal: I-T dept

Taxation Laws Amendment Bill, which seeks to nullify retrospective tax demands raised on companies, will instill investor confidence and provide impetus to goal of becoming a $5 trillion economy

Prepare, present complaints against big online retailers before CCI: Goyal

Union minister Piyush Goyal on Monday asked the traders' community to 'prepare themselves' and present all their complaints against big online retailers before the regulator to get 'justice'

RBI issues draft proposals to liberalise overseas investments norms

The rules and regulations will be finalised after public consultations

India adds 16 mn jobs in July mostly in agri, construction sectors: CMIE

India witnessed an addition of 16 million jobs in July mainly in the agriculture and construction sectors, however, the number of salaried jobs fell by 3.2 million in the same month, according to CMIE

Farmers' stir hits 24 BOT road projects, total revenue loss Rs 1,060 cr

Rating agency CARE said the disruption of toll collections for state projects since October 2020 accentuated with no fees collection at toll plazas since December 2020

States get Rs 7,930-cr royalty from coal mining in Apr-Dec 2020

A total royalty of Rs 7,930.61 crore was provided to states from coal mining during April-December 2020, Parliament was on Monday informed.

Apr-June net GST collections at 26.6% of budget estimates: Govt

The government has achieved 26.6 per cent of the budget estimates for GST collections in the first three months of the current fiscal, Parliament was informed on Monday.

Sunflower oil imports could jump to record as prices dip below soyoil

India is the world's biggest importer of edible oils and higher purchases of sunflower oil could help exporters such as Argentina, Russia and Ukraine to dispose of surplus output.

GST officers detect Rs 4,000 cr of Input Tax Credit fraud in Apr-Jun

GST officers detected over Rs 4,000 crore of Input Tax Credit (ITC) fraud in June quarter 2021-22, Parliament was informed on Monday.