Page 1339 - Economy & Policy News

IBBI amends regulations for insolvency process to enhance transparency

Seeking to enhance transparency in insolvency process, IBBI has amended regulations for corporate insolvency proceedings

India's fact checking on toilets rests on asking the right questions

Accurate data on sanitation behaviour and toilet use can be captured if surveys ask questions on sanitation practices of all individuals in a household instead of one member, say experts

Mature Indian investors scaling up exposure in ETFs in US markets

Indian investors, especially millennials, are increasingly scaling up their participation in the US markets for portfolio diversification, Winvesta has said in its latest report

Jyotiraditya Scindia forms committees to advise on civil aviation sector

With Scindia himself chairing the committees, the group will meet once every month to sort out issues

Petrol prices remain unchanged; here are the prices in your city today

In Delhi, petrol was at Rs 101.84 per litre. In Mumbai, petrol price remained at Rs 107.83 per litre

Over 600,000 direct, indirect jobs generated by 22 mega food parks: Govt

More than 600,000 direct and indirect employment has been generated through the 22 operational Mega Food Parks, said Union Minister of State for Food Processing Industries Prahlad Singh Patel

Covid-19 pandemic: Tales of migrant workers betray a year of woes

Their lives thrown into disarray, they struggle with lack of aid, jobs and vaccine

Centre mulls Ordinance for past tax assessment as litigation mounts

Many assessees have challenged reassessment notices under old law

Pension funds will soon be allowed to invest in IPOs: PFRDA Chairman

Regulator will come up with comprehensive guidelines on issuer's track record and other aspects within a week

India's economic fundamentals strong, recovery underway, says Deepak Parekh

Weak credit growth, however, remains the key laggard

Govt seeks Parliament nod for net additional Rs 23,675 crore spending

The extra spending is on top of the budgeted Rs 34.83 trillion announced for the 2021/22 fiscal year in February

Sugarcane dues top Rs 21,000 cr in 2020-21 season with UP leading the way

A long-overdue increase in MSP could help clearing some of the dues, trade sources say; but inflation could be a concern

921 healthcare workers paid Rs 50L each insurance claim under PMGKP scheme

Till July 15, a total of 921 doctors and healthcare workers have been paid insurance claim of Rs 50 lakh each under the Pradhan Mantri Garib Kalyan Package (PMGKP) scheme for Covid warriors

Prices of essential commodities have risen in Assam in last 5 yrs: Minister

Retail prices of almost all essential food items have increased in Assam since 2016, with the rates for onion and mustard oil registering the highest spike

Tamil Nadu inks deals with 35 firms; to see over Rs 17,000 cr investment

Job opportunities for 55,000 likely; TCS, JSW Renew Energy Two among several firms investing in the state

ADB lowers India's economic growth forecast for this fiscal to 10%

Asian Development Bank has downgraded India's economic growth forecast for current financial year to 10 per cent on Tuesday, from 11 per cent projected in April, on account of coronavirus pandemic

Ministry of Defence tenders for six more submarines at $1 billion each

This six-submarine acquisition, codenamed Project 75(I), will be the first programme under the MoD's 'strategic partnership' model

US govt likely to continue expand India ties due to China factor: Report

The Biden Administration is expected to continue expansion of the bilateral ties with India and the driving force of the relationship is concern about China's economic and military power in the region

Yet to recover 2,992 cr from 4.2 mn ineligible PM-KISAN recepients: Tomar

The Centre has to recover Rs 2,992.75 crore as on July 15 from 42.16 lakh ineligible beneficiary farmers registered for the central scheme PM-KISAN, Agriculture Minister Narendra Singh Tomar said

Mandatory hallmarking of gold jewellery on track since June 16: Govt

The government on Tuesday said mandatory hallmarking of gold jewellery is being implemented in phases since June 16, and a circular saying it has been withdrawn is "fake".