Page 1375 - Economy & Policy News

Govt eases listing norms for companies having over Rs 1 trn m-cap

Such entities will be required to increase their public shareholding to 10 per cent in two years and raise the same to at least 25 per cent within five years

Transmission charges' waiver for renewable projects extended till 2025

Battery storage, Pump hydro, renewable trading also under exemption

India receives $64 bn FDI in 2020, fifth largest recipient of inflows: UN

India received $64 billion in Foreign Direct Investment in 2020, the fifth largest recipient of inflows in the world, according to a UN report

India exporting cereals to newer destinations, says commerce ministry

India has started exporting cereals like rice and wheat to new destinations, including Puerto Rico, Yemen and Poland, with a view to push agricultural shipments, the commerce ministry said

Govt plans to bring stricter e-commerce rules, flash sales may be history

The government plans to revise the e-commerce regulations in the country and bring about stricter norms, wherein the much talked-about flash sales may prohibited.

Over 80% potential customers to buy homes if states cut stamp duty: Survey

Over 80 per cent prospective homebuyers may consider buying a house if stamp duty is lowered by states, according to a survey by realty portal Magicbricks.

Housing prices rise in March quarter, shows RBI data based on transactions

All India Housing Price Index (HPI) increased 2.7 per cent year-on-year in March quarter 2020-21, as per a data released by RBI on Monday.

Power ministry extends timeline for transmission charges waiver for RE

The power ministry on Friday announced the extension of timeline by two years for waiver on inter-state transmission charge for electricity generated from solar and wind sources.

FinMin, Infosys to meet on Tuesday, discuss glitches in new I-T portal

Several stakeholders have submitted written inputs highlighting the issues facing the portal as well as areas that need to be fixed

Recent changes in FAME II scheme to boost demand for e-vehicles: FICCI

Industry chamber FICCI on Monday said the recent changes in the FAME II scheme, including enhanced subsidies for electric two-wheelers, are expected to accelerate demand for electric vehicles

Centre should abandon fiscal targets in the time of crisis: CPI (M)

The CPI(M) on Monday said the government can raise money to pay compensation to the families of Covid-19 victims

Indication of revival in economic activity as states unlock: Survey

With states easing lockdown curbs due to declining number of Covid-19 cases, there are immediate indications of improvement in economic activity

Inflation risk going forward? Even a top economist says it's complicated

Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve's ultra-low interest rate policies have elevated the risk of inflation

1991 recap: Van with gold on the way to BoE broke down at Tardeo, Mumbai

The most important point, which the RBI should explain to the country - but doesn't - is that government gold and RBI gold are very different when it comes to using it for getting foreign exchange

UP Law Commission framing draft bill to check population growth

The Uttar Pradesh Law Commission is mulling a proposal to bring in a law to check increasing population

Covid-19 crisis: Relief for MSME promoters under debt scheme likely

The government had, in May last year, announced a slew of measures to help MSMEs tide through the Covid-19 crisis.

Statsguru: 6 charts explain why inflation risk is growing for the economy

Bloomberg's commodity index is also trending 46 per cent higher

Govt responds to UN Special Rapporteurs concerns over new IT Rules

Says Meity, IB ministry undertook broad consultations in 2018 with various stakeholders before finalising the rules

Govt to come up with a SOP on new IT rules as industry awaits clarity

The industry has been awaiting the SOPs on the new IT Rules, 2021 because they require more clarity on certain matters

Moody's expects auto-loan delinquencies to rise in next three to six months

Collection rates for auto-loan asset-backed securities (ABS) rated by Moody's Investors Service remained stable in the quarter ended March 2021