Page 1370 - Economy & Policy News

PM Modi to gift 65 new projects worth over Rs 421 crore to Varanasi

Prime Minister Narendra Modi is all set to gift 65 new projects worth Rs 421.54 crore to the people of Varanasi, which is his parliamentary constituency, on his next visit to the holy city

Spurt in outsourcing, digital deals to drive IT sector rebound: Crisil

The 100 billion dollar information technology services sector will stage a strong recovery this fiscal with revenue growth of 10 to 11 per cent, according to Crisil Ratings

DDA extends last date for payment of balance bid premium for e-auctions

DDA has extended the last date for submitting balance 75 per cent bid premium to July 31, for successful bidders in e-auction, officials said.

Odisha issues notice inviting tender for e-auction of 11 mineral blocks

The Odisha government has issued Notice Inviting Tender for online auction of 11 more mining blocks, including seven virgin blocks

Hasty withdrawal of easy policy can undo gains: RBI Guv Shaktikanta Das

Inflation is showing signs of stickiness, but it is only a "transitory hump" that should moderate in the third quarter, he said.

Domestic SaaS space has potential to become $1 trn opportunity by 2030: Rpt

The report - Shaping India's SaaS Landscape - highlights that there are nearly 1,000 funded SaaS companies in India, of which 10 have unicorn status

Indo-Pacific new economic centre of gravity of globalised world: Goyal

Piyush Goyal invited the business community to actively take part in efforts for bolstering development, trade and growth in the region

KTR writes to Sitharaman, seeks Centre's support for MSMEs in Telangana

Telangana IT and Industries Minister KT Rama Rao wrote to Union Finance Minister Nirmala Sitharaman, seeking support for the Micro, Small and Medium Enterprises in the state amid the pandemic

India's inflation likely edged up to seven-month high in June: Reuters poll

India's retail inflation probably accelerated to a seven-month high in June on rising food and fuel prices, staying above RBI's comfort zone for a second straight month, a Reuters poll showed

Explained: Why India is protesting EU's 'discriminatory' carbon border tax

As India's third largest trading partner, the EU accounted for €62.8 billion ($74.5 billion) worth of trade in goods in 2020.

Covid undoes gains India made after supercharging economy 30 years ago

Many Indians who had clawed their way out of poverty face grim job prospects and carry heavy debt loads.

K'taka waives property tax on all single-screen theatres for FY 2021-22

Karnataka on Wednesday ordered a complete waiver of property tax on single-screen theatres for the 2021-22 financial year.

49 defaulters owe Rs 107 crore in property tax to Navi Mumbai civic body

A total of 49 defaulters owe Rs 107 crore to the Navi Mumbai Municipal Corporation (NMMC) in the form of property tax and the civic body has issued notices to them, an official said

Manufacturing trouble: Covid robs Moradabad's Brass City of its polish

SMEs struggling, recovery slow; rise in key raw material cost hurting exporters

New Co-op Ministry might boost growth of multi-state co-op societies

This would bring much-needed transparency and fairness in the functioning of the cooperatives, which so far have been riddled with charges of political interference and mismanagement, say experts

Govt's move to bring DPE under FinMin to aid privatisation process

The changes are being done as govt looks to maintain "bare minimum" presence in PSUs in strategic sectors and privatise, merge, or close the remaining state-owned entities

After the latest hike, LPG is now costlier than electric cooking in Delhi

A 14.2-kg domestic LPG cylinder costs Rs 843.5 in the national Capital

Boost for realty as West Bengal proposes rebate on stamp duty in budget

2% rate cut proposed, along with 10% deduction in circle rate, which sets the value at which a property is registered

Where are India's smart cities? The fate of the mission hangs in balance

An analysis reveals that just about a fourth of the funds allocated for smart cities have been spent, even though nearly half of the projects have been completed

Piyush Goyal pitches for Indo-Pacific wide services trade agreement

Trade facilitation can ease the cross-border movement of goods: Goyal