Page 1488 - Economy & Policy News

Finance ministry cracks the whip on insurance companies for ignoring MSMEs

Reluctant insurers have failed to offer the cover especially curated by the ministry following the UK Sinha panel's recommendations

Home loan rate cuts didn't dent the margins: Bankers and analysts

Experts don't see further cuts boosting demand, with rates already at record lows

Rural average power supply duration rose to 18.5 hours a day: R K Singh

He mentioned that the 100 per cent village electrification has been achieved 13 days before target while 100 pet cent household electrification has been achieved under Saubhagya scheme

Govt promoting agriculture sector by reforming laws: Narendra Tomar

Agriculture Minister Narendra Singh Tomar on Thursday said the government is promoting the agriculture sector through reforms in the laws which seeks to bring revolutionary changes.

RBI to conduct simultaneous sale-purchase of govt securities next week

The decision was taken after a review of current liquidity and financial conditions, RBI said in a statement

Fuel demand to expand 10% next year as Covid intensity reduces: Govt

Demand for diesel and petrol seen rising 13%, modest 5% increase in LPG

Atmanirbhar and PLI: Why the industry is sceptical of ambitious targets

The scheme to boost manufacturing in India has set ambitious targets that industry says are unachievable. A look at the programmes announced so far explains why

Non-basmati rice exports increase to Rs 26,058 cr during April-Jan

This compares to Rs 11,543 crore in the same period last fiscal

India honoured to be at forefront of popularising millets: PM Modi

The UN General Assembly adopted by consensus a resolution declaring 2023 the International Year of Millets

Arunachal passes key bills on GST, regulatory reforms for investors

The Arunachal Pradesh Assembly on Thursday passed four key bills

Traders' body CAIT to launch dialogue campaign in Delhi from Friday

CAIT said it will launch a one-month long dialogue campaign from Friday involving door to door visit of each market in all corners of Delhi

Haryana job quota will 'spell disaster' for industrial development: Ficci

Further, the industry body said it believes that this move is against the spirit of the Constitution that gives the citizens of India the freedom to work anywhere in the country

HC asks Centre, state not to set up GST tribunal in UP without its nod

The Allahabad court asked the central and state governments not to establish the GST Appellate Tribunal in Uttar Pradesh without its permission

Cross-border trade with Bangladesh, Bhutan, Nepal from next month: S N Goel

Distribution companies have signed long-term power purchase agreements (PPAs) for meeting 90-92 per cent of the demand, said Goel

Asset growth at NBFCs, HFCs to jump in FY22: India Ratings report

Housing Finance Companies (HFCs) will post a higher growth at 10 per cent as home sales go up

India's FDI inflow in April-Dec 2020 surges 22% to $67.5 billion

It is the highest ever inflow for the first nine months of a financial year

EPFO board recommends an unchanged 8.5% interest on deposits for 2020-21

The decision was taken at the Central Board of Trustees (CBT) meeting, which is the main decision-making body of EPFO.

EPFO likely fixed 8.5% interest rate on PF deposits for 2020-21: Report

The retirement fund body is likely to announce the rates in a few hours. The Central Board of Trustees (CBT), which is the main decision-making body of EPFO, is meeting in Srinagar

Panel considers a Gujarat-like model of staggered payments to cane growers

Farm leaders object to Gujarat-like model, say can't take pay in tranches

Top headlines: Money laundering case on Franklin, APSEZ to buy 31.5% in GPL

The government may cut the reserve price of spectrum ahead of the 5G auction, given 63 per cent of spectrum remained unsold at this week's auction, CLSA said in its investor note