Page 1473 - Economy & Policy News

IMF research shows top firms becoming more dominant during Covid pandemic

Key indicators of market power are on the rise, including price markups over marginal costs, and the concentration of revenues among the four biggest players in a sector, the IMF study said

Haryana IT firms fear state's local hire law, predict severe impact: Study

80 per cent companies said that the law will hurt their business and investments plans, according to Nasscom survey

States may face Rs 3 trillion GST compensation shortfall in FY22: Report

This will force them to borrow more from the markets, says a report

No plans to introduce diaspora bonds, says FM Sitharaman

Finance Minister Nirmala Sitharaman on Monday said the government has no plans to introduce diaspora bonds

Feb exports marginally up by 0.67%; trade deficit widens to $12.62 bn

Imports rose by 6.96% to $40.54 bn in the month, according to official data released on Monday

100% of estimated GST compensation shortfall of Rs 1.1 trn released: Govt

Starting from October 23, 2020, the borrowings were completed in 20 weekly instalments

No plan to split Gail, says Union Oil Minister Dharmendra Pradhan

The government is not considering any proposal to bifurcate state-owned gas utility GAIL (India) Ltd, Pradhan said

EPFO closed 7.1 million EPF accounts in April-December 2020 period

This compares to 6.6 million accounts closed in the same period year ago

Private sector's efficiency to unlock value of firms being privatised: FM

Sitharaman on Monday said efficient management and use of the latest technology by the private sector will help unlock the real value of CPSEs undergoing strategic sale

No proposal to bring petrol, diesel, ATF, gas under GST: FM Sitharaman

The announcement comes amid record-high fuel prices

MP CM urges Gadkari to approve road projects worth Rs 1,858 cr

Chouhan has urged Union minister Nitin Gadkari to approve 26 road projects worth Rs 1,858 crore in the state

Privatisation hurts public, benefits only a handful of cronies: Rahul

Rahul Gandhi on Monday attacked the BJP government over privatisation of airports

Inflation woes: Here's how experts have interpreted CPI, WPI numbers

Most experts say the numbers are worrisome and can dent the economic recovery going ahead. Here's how economists at leading brokerages and research houses have interpreted the numbers

Centre, states need to think about reducing taxes on petrol, diesel: Thakur

Minister of State for Finance Anurag Thakur on Monday said both the Centre and the states need to think about reducing taxes on petrol and diesel

WPI inflation rises to 4.17% in February on costlier food, fuel, power

After witnessing months of softening of prices, the food articles in February saw 1.36 per cent inflation. In January it was (-) 2.80 per cent

Search for the best deal: What India's draft e-commerce policy says

Apart from China, India is one of the few countries that has specific regulations targeted at online sellers

India will not 'shut off' all cryptocurrency, wants blockchain: Sitharaman

Bitcoin, the world's biggest and earlier cryptocurrency, has crossed a record high of $60,000.

AAI to offload residual stake in Bangalore and Hyderabad airports

Sale of 13% stake in each may fetch Rs 3,000 crore

Statsguru: From Bihar to West Bengal, a peep into state Budgets

To keep their expenditure at the desired levels at a time of significant revenue losses, all states have expanded their fiscal deficits - similar to what the Centre did last month

Asset monetisation target for states may be set at Rs 3 trillion

Central ministries given a target to monetise assets worth Rs 2.5 trn over 3 years