Page 1503 - Economy & Policy News

Plan to monetise 100 public sector assets, drawing Rs 2.5 trillion: PM

Says government has no business to be in business; 'Our mantra is monetise and modernise'

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

The Reserve Bank on Wednesday announced open market operations for sale as well as purchase of government securities for Rs 15,000 crore each.

TRAI invites suggestions on encouraging R&D in telco, broadcasting sectors

Sector regulator TRAI on Wednesday invited suggestions from industry, academia and public on encouraging Research and Development in telecom and broadcasting sectors

Bank unions oppose Centre's move to allow all pvt sector banks in govt biz

The finance ministry, in a statement, said all private sector banks can now participate in government-related businesses like collection of taxes, pension payments and small savings schemes

PM Modi says govt committed to selling non-strategic PSUs

Modi on Wednesday made his strongest pitch for privatisation of non-strategic PSUs

India's foodgrain production to rise 2% in 2020-21: Government

India's foodgrain production is estimated to rise 2 per cent in 2020-21 crop year to an all-time high of 303.34 million tonnes

'Monetise & modernise' is our motto: PM Modi on disinvestment

Modi reiterated the government's commitment towards privatisation of PSUs and asset monetisation

Economic pain from Covid upends lives of restaurant owners, entertainers

Economic pain from pandemic upends the lives of restaurant owners, entertainers

Govt plans to privatise PSUs in all sectors barring 4 strategic ones: PM

The government has no business to be in business, said Modi speaking at a webinar on various reforms undertaken by the government

India one of world's top markets for solar energy: Int'l Solar Alliance

India is now one of the world's top markets for solar energy, a new report by the International Solar Alliance (ISA) said

India urges OPEC to stop crude price spike in scratch-my-back diplomacy

IEA projection of rising demand for oil adds to New Delhi's worry

Cochin Port to sign MoUs worth Rs 2,825 cr at Maritime India Summit 2021

The port will sign nine MoUs worth Rs 2,825 crore at the second Maritime India Summit 2021 to be held held on March 2-4

PLI scheme for IT products has outlay of over Rs 7,000 cr, says govt

Cabinet clears Production Linked Incentive scheme to boost manufacturing of laptops, tablets, PCs, servers, says Union Minister Ravi Shankar Prasad

PLI scheme to bring in investment of Rs 15,000 cr in pharma sector: Govt

The manufacturers of pharmaceutical goods registered in India will be grouped based on their global manufacturing revenue to decide the target elements for the scheme

Exporters get the shivers from two provisions in Finance Bill 2020

They are worried that the two proposals would make it difficult to seek refunds under indirect tax laws

India's economic recovery to cut bank stress, but Covid hit to be felt: S&P

While the Indian economy is on a mend, the permanent GDP loss stemming from the brunt of the coronavirus is huge at 10 per cent

Govt MSP purchases chiefly driven by poor market prices the past few years

In other words, it is political compulsion, not political expediency, that has prompted the Centre to lift higher quantities of grain, pulses and other farm commodities

Top headlines: Automatic nod for China FDI, Govt eyes Rs 6,200 cr in AGR

After being relegated to the second spot in the previous two fiscal years, China again became India's biggest trading partner in the first nine months of FY21. Read top stories with Business Standard

China FDI proposals for up to 25% equity may get automatic approval

Sensitive sectors to remain under approval route

12 including a CA arrested in a single day for fake GST invoice frauds

12 including a CA arrested in a single day for fake GST invoice frauds