Page 1487 - Economy & Policy News

$1.4 bn Cairn arbitration award: Sitharaman says its her 'duty' to appeal

Even though the FM did not make any direct reference to appealing against the Cairn award, she it's her 'duty' to appeal in cases where the nation's sovereign authority to tax is questioned

NPCI, SBI Payments join hands to launch "RuPay SoftPoS" for merchants

It will enable the merchants to turn their smartphones into a PoS machine

Our effort is to reduce compliance burden at state, Central level: PM Modi

Modi on Friday highlighted the need for reducing compliances burden

PLI scheme to boost India's manufacturing output by $520 bn in 5 yrs: PM

Modi on Friday said PLI scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by $520 billion in the next five years

Platform ticket hike 'temporary measure' to prevent overcrowding: Railways

Amid the ongoing C-19 pandemic, the Ministry of Railways has termed the hike in platform ticket rates as a "temporary measure" in the interest of the safety of passengers

RBI's policy responses to support economy weren't very impactful: Study

At best, the RBI stopped a sharp spike such as the one witnessed after the global financial crisis

Top headlines: Govt to privatise profit-making PSUs, Wipro to buy Capco

Many states are open to the idea of petrol and diesel being brought under the goods and services tax (GST) regime - contrary to the perception that they are averse to it.

Haryana job reservation law to shrink talent pool, says industry

The law will apply to all companies, societies, trusts, limited liability partnership firms, partnership firms and any person employing ten or more persons across the state for 10 years.

60 million EPF subscribers to get 8.5% interest rate in FY21

Development has come as a pleasant surprise since there were talks of cut in the rate

States open to GST on fuel, want Centre to come up with clear plan

Say Centre should come up with clear proposal, with focus on compensation mechanism

Govt's privatisation drive likely to kick off with profit-making PSUs

NITI Aayog likely to put out first shortlist by early next month

Hiring activities spike in Feb helped by digitisation: Report

Hiring activities grew by 33 per cent sequentially, the report said

MP, West Bengal lead India's land record digitisation drive: NCAER study

Ladakh, J&K, Sikkim and a few other North-Eastern states have a long way forward

Merchants almost halt exports to Iran as its rupee reserves fall: Report

Iran's rupee reserves in India's UCO and IDBI Bank, the two lenders authorised to facilitate rupee trade, have depleted significantly

Will look at alternate energy if OPEC+ doesn't fix crude shortage: Pradhan

Recalls India's support to oil producing nations when global demand collapsed last May, and OPEC's promise to sustain normal supply when things got better

India's FDI inflows up 37% in October-December to $26.16 billion

FDI inflow during December rose 24 per cent to $9.22 billion, against $7.46 billion in December 2019.

Ease of Living Index: Bengaluru pips Pune, emerges as most liveable city

Among the 49 cities ranked in the 'million-plus population' category, Delhi figures in the 13th spot and Srinagar at the bottom

GST can make fuel cheaper by up to Rs 20 and Rs 25 per litre: Study

A dollar increase in crude oil prices will push up petrol price by 50 paise and diesel by 150 paise per litre

Extend PLI scheme to all MSMEs amid Covid-19 pandemic, says NITI Aayog

The recently announced PLI scheme for the telecom sector extended the incentives to MSMEs.

RBI to conduct a special round of Open Market Operations on March 10

In a notification on its website, the central bank said it would buy Rs 20,000 crore of bonds from the secondary market, and sell Rs 15,000 crore of bonds