Page 1460 - Economy & Policy News

Housing sales increases 44% in Jan-Mar 2021 across 8 cities: Report

Sales of residential properties across eight major cities grew 44 per cent in the January-March period this year to nearly 72,000 units as demand recovered, according to Knight Frank India.

Gujarat: No hike in power tariff for consumers of state discoms

GERC has announced that power tariffs will not be hiked for the consumers of the state-owned discoms and Torrent Power Ltd (Surat area), a release said on Monday

Monetary policy pause likely for entire year as Covid cases rise: BS poll

The policy, being the first in the fiscal year, could have many important policy measures spelled out

India attracts over $72 bn FDI in Apr-Jan FY21; Japan leads the list: Govt

The number is 15 per cent higher as compared to the first ten months of 2019-20, when it stood at $62.72 billion

Economic recovery resilient despite surging Covid cases: FinMin report

As India witnesses a rapid resurgence of Covid cases, a Finance Ministry report has exuded confidence in the economy and termed recovery as resilient citing improvement in high-frequency indicators

Govt brings ordinance to introduce pre-packaged debt resolution for MSMEs

The latest move comes less than two weeks after the suspension of certain IBC provisions ended

India's factory activity slows to 7-month low amid surging Covid-19 cases

Despite foreign orders growing at a faster pace in March, a sub-index tracking overall demand declined to its lowest since August 2020. Output also grew at its weakest pace in seven months

India, UAE, Israel's trilateral trade could reach $110 bn by 2020: Report

Tapping into the mutual strengths of India, Israel and the UAE could propel the trilateral trade between the countries to a high of $110 billion by 2030, said top diplomats

New ITR forms aligned with changes in Finance Act: Check details here

Presumptive taxation provisions allow companies below a threshold to not keep detailed accounts of books.

At 7.2%, India blends record ethanol with petrol in first 4 months

So far, the best ever ethanol blend with petrol has been around 5.2 per cent at all-India level.

Centre likely to offer an exit window to holders of cryptocurrencies

A group of secretaries discusses several contentions over cryptocurrency ban

Fraught with challenges: Ship salvaging industry rides on rough waters

The rescue of the cargo ship that choked the busy Suez Canal has put the spotlight on a sector

IT companies look set for strongest quarter in years, say analysts

Growth for the quarter will be driven by acceleration in digital technologies, improved demand in the aftermath of Covid, ramp-up in deal wins, and migration to Cloud

Monetary policy: All eyes on RBI for orderly evolution of yields

Overall policy focus will remain on supporting growth through low and stable interest rates and abundant liquidity

GST to be levied on underlying goods/services in gift vouchers, rules AAAR

The Tamil Nadu bench of the AAAR has ruled that GST would be levied on the underlying goods/ services at the time of redemption such pre-paid instruments.

Trai considers survey to asses if tariff plans meet customer needs

Telecom regulator Trai is planning to conduct a consumer-facing survey to assess if tariff plans offered by operators are meeting actual requirements of varied categories of users

Maharashtra govt approves Rs 231 crore for assistance to tribal families

The Maharashtra government has approved a sum of Rs 231 crore for disbursal to tribal families in the state under its 'Khavti' grant scheme.

Centre, UT taking steps to connect farming sector with global chain: J&K LG

Jammu and Kashmir L-G Manoj Sinha said the central government as well as the Union Territory administration is taking several novel initiatives to connect the farming sector with global market chain.

Gas producers continue to bleed as govt-dictated prices remain low: Icra

Natural gas production remains a loss-making proposition for most fields for the Indian upstream producers

Surge in commodity prices to impact India's economy, says Ind-Ra

Indian economy is still struggling to come out of the Covid-19 impact