Page 1507 - Economy & Policy News

Centre signs $304 mn pact with AIIB for power transmission network in Assam

The total estimated cost of the project is $365 million, of which $304 million will be financed by the AIIB and rest by the state government

At 1.3%, India's GDP may turn positive in December quarter: DBS report

The government will release the GDP numbers for the October-December quarter of the current fiscal on Friday

IT sector continues to see sequential growth in hiring in January: Report

The sector witnessed a 39 per cent growth in job postings in January compared to the previous month, according to a report

AIADMK govt presents interim budget ahead of TN assembly polls

The assembly elections are likely to take place in April

Pradhan urges GST Council to bring petroleum products under its purview

The move, if carried out, will be a big relief for the common man, Pradhan said

Tamil Nadu will return to double digit growth next year: State admin

State is expected to register positive growth rate of 2.02% in 2020-21 as against an all-India negative growth rate of 7.7%

PM says deregulation of geospatial data will boost tech startup ecosystem

Modi said the move would strengthen the tech startup ecosystem and India's vision of 'Aatmanirbhar Bharat'

Several nations have joined India's Solar initiative: PM Modi

Modi on Tuesday said that many countries in the world have joined the International Solar Alliance (ISA) initiative started by the country

Organisations in India projecting 7.7% salary increase in 2021: Survey

The projected increase is one of the highest among the BRIC nations

J-K's agriculture sector will get more share of budget, says LG Manoj Sinha

A unique sustainable agriculture plan has been developed in Jammu and Kashmir, said Lieutenant Governor Manoj Sinha on Monday

Tamil Nadu budget: Fiscal deficit may widen by 5% of GSDP to Rs 96,890 cr

State tax revenue seen declining by 18%, says Deputy CM and Finance Minister Panneerselvam, while presenting interim budget

India, World Bank sign $68 mn project for improving education in Nagaland

About 150,000 students and 20,000 teachers in the government education system in Nagaland will benefit from the statewide reforms in schools

China back as India's top trade partner, despite govt's 'atmanirbhar' push

Total imports from China at $58.7 billion were more than India's combined purchases from the US and the UAE

How NSSF could morph from a rainy-day fund into a huge burden for the govt

Costlier loans from NSSF, at 7.4% interest rate, will occupy more than 10% share in govt's outstanding public debt soon, all to give the small saver a higher interest rate than the market

Triggering alarm: Reserve Bank of India's lack of support pushes up yields

The 10-year bond yields continued to rise for the fourth straight session to close at 6.202 per cent from its previous close of 6.135 per cent

As border tensions ease, India to clear 45 investments from China: Report

The proposals have been held up since last year after India tightened controls on Chinese investment in the country in retaliation against alleged Chinese troop incursions

Loans with dues in excess of 90 days show spike in Dec 2020: ICRA

The delinquencies, which were 0.6-0.7 per cent level in February, shot up to 3.4-3.6 per cent in case of SME and MFI segment by December

Commerce ministry should remove impossible conditions in SEZ rules: Expert

The Commerce Ministry should amend the Rule 34 suitably and also the Rules 46(12) and 46(13), as the procurement certificate has been replaced with the intimation prescribed under Rule 5 of Customs

Fuel price hike could see 50,000 small truckers going out of business

Industry players say vehicle supply is already higher than needed, so when fleet owners prune sizes, single-owners who supply them their trucks will be hit hard

PM Narendra Modi launches Rs 3,222-crore petro, gas projects in Assam

PM Modi enumerated steps taken by the state government led by Sarbananda Sonowal