Page 1359 - Economy & Policy News

Top headlines: GST collections fall below Rs 1 trn; Amfi rejigs categories

Business Standard brings you the top headlines this evening

Present tense, future shaky for Bengal small factory hub amid Covid crisis

The 500-odd foundry units in Howrah operate largely with contractual workers.

Textile trading comes to a standstill in Surat amid second Covid-19 wave

The second wave of the pandemic has hit the medium- and small-scale sector like a tsunami. The first of a five-part series looks at the crisis

India's hiring rate recovered from 10% in Apr to 35% in May: LinkedIn

But the aftermath of the second COVID-19 wave has left professionals in India increasingly vulnerable to the economic uncertainty, as per LinkedIn data

Maharashtra govt introduces 3 bills to counter Centre's farm laws

The bills have provisions for higher than MSP rate for produce in farming agreement with traders, timely payment of dues, three-year jail term and Rs 5 lakh fine or both for harassment of farmers.

Covid pandemic hits housing supply, launches down 59% in April-June

A total of 21,839 new units were launched in these markets during April-June, lower by 59 per cent compared to the launches in January-March.

Domestic air passenger traffic back to growth trajectory in June

This comes as Covid cases decline across the country

Covid impact: June GST collection falls below Rs 1 trn-mark after 8 months

With reduction in caseload and easing of lockdowns, the e-way bills generated during June indicates recovery of trade and business, says govt

Most CFA Institute members predict K-shaped recovery from pandemic: Survey

A significant percentage of CFA Institute members believe that a "K-shaped" economic recovery is forming, where different parts of economy are recovering at different rates, times or magnitudes

Petrol prices hiked in some places, here are the fuel prices in your city

In Mumbai, petrol and diesel prices remained static on July 6, 2021 (Tuesday). Petrol was selling at Rs 105.92 per litre in Mumbai, while diesel was selling at Rs 96.91 per litre

Nilekani to join top govt panel as advisor to prevent digital monopolies

Nilekani, co-founder and non-executive chairman of Infosys has been included in a 9-member advisory council

Rural India sinks deeper into debt as Covid-19 pandemic wipes out work

Big debt and low income in the countryside will hold back any economic recovery the government is trying to generate and also dent private savings and investment for longer than expected

Twitter lost immunity for non-compliance with IT Rules: Centre to HC

Govt counsel says grievance officer located in the US; Twitter said on Saturday it is in the process to appoint a local one

Delhi govt unveils new excise policy; allows bars to operate till 3 am

The Delhi government on Monday announced the new excise policy for 2021-22, which allows bars in hotels, clubs and restaurants in the national capital to operate till 3 am

Govt extends deadline for suggestions on draft e-commerce rules till Jul 21

The Centre has extended the deadline for public comments on proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 to July 21

Parliamentary Standing Committee on IT to review functioning of CBFC

Parliamentary Standing Committee on IT to review the functioning of Central Board of Film Certification on Tuesday, in context of Draft Cinematograph (Amendment) Bill 2021

Punjab's excise dept engages IIT-Ropar to audit liquor manufacturing units

Punjab's excise department on Monday said it has engaged IIT-Ropar to conduct an audit of liquor manufacturing units in the state, a move which is aimed to check any pilferage

North Central Railway records highest ever growth in freight revenue in Q1

North Central Railway recorded the highest ever growth in loading and collection of freight revenue during the first quarter of the current financial year 2021-22

Delhi excise policy suggests price, outstation sale norm for liquor sale

The Delhi Excise Policy for 2021-22 has recommended price and outstation sale oriented criteria for registration of different brands of liquor

Delhi govt collects Rs 5,281 cr GST in first quarter of this financial year

In a sign of revival in the city economy hit by COVID-19 pandemic and the subsequent lockdown, the Delhi government collected Rs 5,281 crore GST in the first quarter of the current financial year