Page 1494 - Economy & Policy News

Spectrum auctions underway; radiowaves valued at Rs 3.92 trn up for bidding

Spectrum will be offered for assignment for a validity period of 20 years

Ride-hailing in India bounces back to 63% of pre-Covid levels: Report

With the impact of Covid-19, the sector saw a significant drop in usage last year as offices began remote work culture and most of the educational and other places closed for months

Telecom auctions start today; 700 MHz premium may go unsold yet again

The premium band is considered ideal for internal coverage but went unsold in the 2016 auctions. TRAI in its recommendations in August 2018 reduced the price by 40%

Centre paid just Rs 6,140 cr to Maha out of Rs 46,950 cr GST dues: Governor

Koshyari on Monday said, the Centre has paid just Rs 6,140 crore and Rs 11,520 crore as loan by the end of February

India's power consumption grows marginally by 0.88% in February

The reason was a slight rise in temperature in the month, official data showed

PM Modi calls for increased participation of private sector in agriculture

Modi on Monday called for increased participation of the private sector in agriculture, especially in research and development

Govt must focus on infrastructure project planning: Louis Berger Asia

Louis Berger is a global infrastructure advisory firm

India Feb manufacturing sees new orders expand sharply: IHS Markit

The Covid-19 pandemic restricted international demand for Indian goods. In response to another robust increase in total new orders, production was raised again in February

India's Manufacturing PMI at 57.5 in Feb 2021, against 57.7 in Jan

The headline figure for manufacturing PMI remains above the long-run average of 53.6

Indian biggest fuel retailers gearing up for rural-led economic rebound

The increasing economic importance of India's hinterlands is influencing business expansion plans and accelerating a trend of more service stations being opened in the countryside

Statsguru: Bond market pressure is getting reflected in the stock market

Bond markets are showing signs of nervousness, and yields on the 10-year government bonds are on the rise

Without red tape, plans to let private sector manage surplus land can work

It took nearly 70 years for the Government of India to recognise the merits of allowing the private sector to manage surplus government land

Why costly diesel burns a bigger hole in your pocket than petrol

While consumers feel the petrol pinch directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use

Key states turn down FM Nirmala Sitharaman's proposal to cut fuel tax

Cite constraints on revenue, already hit by Covid lockdowns; 'ball in Centre's court'

Different strokes: New series leading to diverging trends in GDP, GVA

The revised method of GDP did not only change the base year, but also the way it is computed.

Govt extends due date for filing FY20 GST annual returns till March 31

The government on Sunday extended the deadline for filing GST annual returns for 2019-20 fiscal by a month till March 31.

Govt examining quality, competitiveness required by toy industry: Official

The government wants Indian toys to achieve both quality and competitiveness and is exploring what kind of incentives are required by the toy industry, a top official said on Sunday.

Economic Affairs Secy Tarun Bajaj to take charge of revenue department

Bajaj, an old hand at the Finance Ministry, assumed charge as Economic Affairs secretary in last May

Traders body to launch agitation from Mar 5 against GST, e-commerce issues

Traders' body CAIT on Sunday said it would launch a nation-wide agitation against issues related to the goods and services tax and alleged malpractices of foreign e-commerce firms.

Hand luggage-only fare: Up to 15% cheaper for flyers, airlines benefit too

Aviation regulator DGCA on Friday allowed airlines to unbundle services including check-in baggage, meaning airlines can charge extra for them