Page 1515 - Economy & Policy News

E-payment of MSP will not affect 'arthiyas' of Punjab, Haryana: Govt

In Punjab and Haryana, the Centre and state agencies procure their quota of foodgrain largely through a network of mandis and middlemen

Consumer confidence among urban Indians improves in February

Consumer confidence among urban Indians has moved up slightly, by 0.9 percentage point, in February so far, a report said

Green hydrogen may soon be a must for fertiliser, refinery units: R K Singh

Plan is to replace use of imported ammonia in farming, petroleum, steel and other sectors; Gadkari bats for all govt vehicles to go electric

Forex reserves down by $249 million to $583.697 billion

The country's foreign exchange reserves fell by $249 million, RBI data showed on Friday

Govt's divestment plan for Shipping Corp is not going to be easy sailing

An asymmetric tax policy and the Navaratna's own fleet quality could make potential buyers wary

Govt to soon come up with policy on geospatial data: DST secretary

"A policy of geospatial data, survey and mapping is expected soon. A cabinet approval will make it more strong," Sharma said

JKEDI inks MoU with HED, 'We HUB' for promoting startups, entrepreneurs

JKEDI and Higher Education Department (HED) on Friday signed a memorandum of understanding (MoU) to promote the culture of entrepreneurship and innovation, an official spokesman said

IFSC Authority announces framework for aircraft operating companies

The Government of India, on the recommendation of (IFSCA), on October 16, 2020 had notified aircraft lease norms, an official statement said

Subscriber base of NPS, APY up 22% to 4.05 cr at Jan-end 2021: PFRDA

The number of subscribers under government-run pension schemes NPS and APY rose nearly 22 per cent to 4.05 crore at January-end this year, according to data from PFRDA.

India's visa curbs for Chinese workers hurting Taiwan tech giants

India has been slow to issue visas to Chinese engineers, who are needed to help Taiwanese companies set up factories in the South Asian nation

Traders' bodies divided on call for Bharat bandh over GST provisions

A national-level organisation of small businessmen on Friday said it is opposed to the move

PM launches slew of projects in poll bound Kerala, bats for solar power

Launching a slew of projects in the power and urban sectors in poll-bound Kerala

Housing ministry pitches for common duct norms for telecom facilities

Housing and Urban Affairs Secretary Durga Shanker Mishra on Friday called for making telecom connectivity part of common ducts inside new buildings

India devoting great importance to solar energy, says PM Modi

Modi on Friday said India is devoting great importance to solar energy to ensure a stronger fight against climate change

Top gear makers may warm up to Centre's PLI scheme for telecom sector

Under the PLI scheme, companies will enjoy a 4-6 per cent incentive annually across five years on their production value in India, provided they make incremental investments

Cash-strapped states threaten Modi's double-digit economic growth goal

Capital expenditure of 17 key states contracted 23.5% in the nine months to December, possibly leading to a shortfall of as much as Rs 1.8 trn in the current year's spending aim, says an economist

India, Australia can work together on open, secure Indo-Pacific: Aus PM

Australian Prime Minister Scott Morrison on Friday said both the Comprehensive Strategic Partners can work together on common challenges

Bank unions plan march towards Parliament in Mar to protest privatisation

Bank unions on Friday staged protest in all the state capitals

Additional Budget allocation to wipe out fertiliser subsidy backlog: Ind-Ra

The credit metrics of fertiliser manufacturers in general and urea manufacturers in particular are likely to improve meaningfully in FY22, India Ratings and Research (Ind-Ra) said on Friday

$3.5-bn govt fund for finishing stalled housing projects begins to pay off

The 'Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects' (SWAMIH) fund was announced in November 2019