Page 1353 - Economy & Policy News

IBBI amends regulations for more transparency and accountability

Resolution professionals (RPs) will be required to inform the adjudicating authority about avoidance transactions of a corporate debtor

PLI boost spurs solar manufacturers to look at new schemes for growth

A basic Customs duty of 40 per cent on solar cells and 25 per cent on modules will come into effect from April 1, 2022

India's renewable energy plan of 175 GW by FY22-end faces multiple risks

Sector comes of age with large companies driving growth, but land acquisition and regulatory delays hamper the immediate target of achieving 175 Gw capacity by FY22 end

1,222 PSA oxygen generation plants likely to be operational before Aug 15

Housing and Urban Affairs Secretary Durga Shanker Mishra said that 1,222 PSA oxygen generation plants sanctioned under the PM-CARES fund are likely to be become operational before August 15.

Patchy monsoon could impact pulse and oilseed output, fueling inflation

All eyes on rains in the weeks ahead till August-end to assess final impact

Co-operative body 'unhappy' over SC verdict upholding supremacy of states

Wants National Policy on Cooperatives, which will ensure uniformity in acts across states

Rs 700 cr funds for cash transfer schemes went to wrong hands: AP govt

A staggering sum of Rs 700 crore might have gone into the wrong hands so far, a cursory verification by the Finance Department has established.

Property mkt to touch $1 trn by 2030 on high demand, reforms: Housing secy

The Indian real estate market is estimated to touch $1 trn by 2030 driven by rising demand and various reforms in the past seven years, Housing and Urban Affairs Secretary Durga Shanker Mishra said

No fresh agenda, lots of unfinished work for PM Modi's new ministers to do

Business Standard examined 11 key ministries for the policies that are already on top of their agendas and most of them are of less than three years vintage

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