Page 1485 - Economy & Policy News

Software royalty likely to cost Centre Rs 5,000 crore every year

According to sources, the department is examining the court's ruling and seeking legal opinion on it.

India to become Aatmanirbhar in silk production in 2 years: Smriti Irani

Union minister Smriti Irani on Sunday expressed confidence that India will become self-reliant or Aatmanirbhar in silk production in the next two years.

Covid-19 pandemic hit India's women labourers the hardest, shows data

India's LFPR was 50.2% according to the Periodic Labour Force Survey 2018-19. The pandemic further pushed people out of work

'Deep learning among top in-demand skills of 2020 in India'

Deep learning and data engineering are top nanodegree programmes, says a new report

Karnataka CM Yediyurappa to present state Budget on Monday

Covid pandemic and its year-long fallout is expected to shape the features of the Budget

India Inc's business confidence highest in decade: FICCI Survey

Improvement in overall conditions as well as expectations helped, the survey said

India Inc's overseas direct investment declines 31% to $1.85 bn in February

India Inc's overseas direct investment significantly, RBI data showed

Prem Watsa says India reforms, tech push give it a unique place post Covid

Indian-born Canadian billionnaire adds political stability, rising consumer demand represent a welcome signal to global investors

CBIC asks field offices to exercise max caution in property attachment

The CBIC has said that such a remedy can be considered in cases involving GST evasion, fake invoicing and delay of more than three months in depositing tax collected

Uttar Pradesh moving towards self-reliance in power sector: Adityanath

Sustained efforts by the Uttar Pradesh government in the four years have pushed the power sector in the state towards self-reliance with a quantum jump in the transmission capacity

Govt open to evaluate and explore cryptocurrencies, says Anurag Thakur

A High-Level Inter-Ministerial Committee (IMC) was constituted under the Chairmanship of Economic Affairs Secretary on digital currencies and it has submitted its report

Need to step up funding for health sector: Health Minister Harsh Vardhan

Union Health Minister Harsh Vardhan on Saturday underlined the need to step up funding for the health sector and bring in equity in delivery of healthcare.

Opted for predictability in deciding tax devolution to states: N K Singh

Rajya Sabha MP Sushil Kumar Modi highlighted that the share of divisible pool is slowly shrinking as the ''cess and surcharge'' component in Gross Tax revenue is increasing

Govt to increase budget for MSMEs next year: Odisha CM Naveen Patnaik

Patnaik said that the funds for the Micro, Small and Medium Enterprises (MSME) department will be substantially increased by the state government in the next state budget

Explained: How the PLI scheme works for laptops, tablets and mobile devices

The second part of a report on the productivity-linked incentive scheme examines anomalies for makers of laptops, tablets and mobile devices

Haryana to Andhra Pradesh, jobs for locals have remained on paper in states

While the Constitution makes everyone in India eligible to work anywhere in the country, states have used legal loopholes to frame laws

Delhi govt Budget likely to be 'biggest', will promote patriotism: Report

The annual budget of the Delhi government is likely to be "the biggest so far" and have provisions to promote patriotism, sources said on Friday.

Inflation a 'downside risk' to India's growth momentum: Finance ministry

Citing the country's consumer price index, the ministry said it had reached a 16-month low in January, validating the Reserve Bank stance of providing a growth push in the face of moderating inflation

Will meet its need for containers from domestic manufacturers: Concor

The Container Corporation of India on Friday said it will meet its annual need for around 8,000 containers from domestic manufacturers and no longer depend on China for its requirement.

Manufacturing to get $520-billion PLI push in next 5 years: PM Modi

Says govt aims to do away with more than 6,000 compliance requirements