Page 1483 - Economy & Policy News

Ahead of Assembly polls, oil companies hold back price hike in March

It appears that the Centre has informally conveyed to the three major OMCs to not revise fuel prices for the time being, two people in the government said

Micro loans with over 30-day dues up to 11% in December 2020, shows data

According to MFIN, loans with over 30-day dues were at 2.51 per cent in September

Nabard, REC, others to hit bond mkt today; plan to raise about Rs 8,600 cr

Dealers said the PSU may have tied up with investors before launching the issue. There may be some anchor investors.

Expect moderately worse banking sector outlook for next fiscal: Fitch

The plan is well below Fitch's estimated capital requirement of USD 15 billion to USD 58 billion under varying stress scenarios

Merchandise export receivables can't be set off against service import dues

You may remit the amount against the import of services separately and ask the buyer abroad to remit the full payment against your export bill

Non-life insurance gross premiums up 14% to Rs 15,800 cr in Feb

Specialised PSU insurers in agri business and export covers see impressive 200% growth; general and standalone health insurers see 9% and 2% growth, respectively

India-Mauritius pact: A pan-African dimension to an otherwise limited deal

Covering limited items of exports between the two nations, the deal could nevertheless help New Delhi enter not both Africa and Europe, without having to sign an FTA with either

Gujarat HC admits petition to review its order on IGST benefits

Petition was heard by a special bench that had given earlier order. Matter posted for hearing on April 9

India's horticulture production set for 1.8% growth in in 2020-21

Retail food inflation rate fell to 1.89 per cent in January from 3.41 per cent in December

LPG price double in the last 7 years: Oil minister Dharmendra Pradhan

Price of domestic cooking gas, LPG has doubled to Rs 819 per cylinder in the last seven years while the increase in taxes on petrol and diesel has swelled collections by over 459 per cent, Oil Minister Dharmendra Pradhan said on Monday.

15th Finance Commission chairman N K Singh rues lack of fiscal institutions

Says states don't have fiscal flexibility for exigencies as Centre has

Disinvestment: Govt addresses CPSE stakeholders' concerns, says FM

The government addresses legitimate concerns of employees and other stakeholders of CPSEs through appropriate provisions in the share purchase agreements with bidders at the time of disinvestment, Finance Minister Nirmala Sitharaman said on Monday.

Dipam readies ground for monetisation of assets, seeks list from ministries

Seeks list of potential assets from ministries, govt departments, PSUs

Recovery tracker: Power generation up by 7%, workplace visits rise

Freight gains have trailed in the latest week

Indian Railways announces integrated Rail Madad Helpline number "139"

To overcome the inconvenience over multiple helpline numbers for grievances and enquiry during railway travel, Indian Railway has integrated all railway helplines into a single number1--39

Karnataka stamp duty cut on flats to have limited impact on sales

Listed players such as Brigade, Sobha, Puravankara seek reduction across all budget segments

Bombay High Court allows graded fund distribution under MPID Act

The lower court had said the amount realized from assets attached under the provisions of the MPID Act in the case has to be distributed equally

India, Bangladesh to move forward on feasibility study for detailed FTA

India and Bangladesh on Monday decided to move forward expeditiously on a feasibility study for comprehensive free trade agreement to further strengthen economic ties between the two countries.

Working women prioritise savings with 52% of income contribution: Survey

The urban working women are spending 9 per cent of their income on luxury expenses

Banks write-off Rs 1.15 trn in 9 months of FY21: Anurag Thakur to Lok Sabha

Replying to another question, Thakur said various measures have been taken to check unauthorised digital lending platforms