Page 1517 - Economy & Policy News

Factory reset: Surat's textile hub weaves a revival story amid Covid-19

Severely affected by the pandemic, the businesses have made a spectacular comeback

Build institutions that will outlive this century: PM Modi to startups

Urges them to look beyond valuations and exits, and create world-class products in order to become globally competitive in the field of technology

Will engage with new USTR for fresh trade package; old one off table: Goyal

Goyal said that India is looking forward to work "very" closely with the new US administration to strengthen economic ties

Rs 1,581 cr loan given to 300,000 in Manipur under PM Mudra Yojna: Athawale

Union minister Ramdas Athawale on Wednesday said that loans amounting to Rs 1,582.57 crore have been disbursed to 3 lakh beneficiaries in Manipur under the Pradhan Mantri Mudra Yojna

Employers keen on hiring freshers across job roles: TeamLease report

Hiring of entry-level professionals is likely to witness a significant uptick going ahead, according to a survey by TeamLease EdTech

Lot of concerns about behaviour of big tech firms: Piyush Goyal

There are a lot of concerns about the behaviour of big tech companies including US firms and India would like to protect its policy space and express its concern regarding these entities, Goyal said

Privatisation of CPSEs during recession time a horrible idea: Pronab Sen

CPSEs in a recession time is a "horrible idea" as legitimate requirement of the financial sector to meet current requirement is further eroded, former chief statistician Pronab Sen said on Thursday

Cabinet nod to juvenile law changes to increase scrutiny of childcare homes

The Union Cabinet on Wednesday approved amendments to the juvenile justice law to increase the scrutiny of child care institutions

Centre clears twenty food processing projects worth Rs 363.4 cr

The Union Food Processing Industries Ministry on Wednesday said it has cleared 20 projects worth Rs 363.4 crore

Cabinet okays trade deal with Mauritius, the first with an African nation

Agreement is limited in scope, covers 310 export items from India and 615 imported products from Mauritius

Investors bet big on cyclicals as economic recovery gathers pace

Going ahead, given the sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials

Army's financial powers enhanced to speed up weapons procurement

On November 8, 2018, the financial powers of the vice chiefs of the three services were enhanced five-fold for revenue procurement, with an enhanced ceiling of Rs 500 crore

Govt may pare 1-2% SUUTI stake in Axis Bank to meet disinvestment targets

Proposed move may fetch Centre Rs 2,300 crore

Mandatory 5-day work week unlikely to return again: Unilever COO Paranjape

The company's chief operating officer Nitin Paranjpe said 4-days a week has the potential to become the new normal as people start giving more importance to work-life balance

Decoding 15th FC's estimate of mismatch in two sets of salary income data

The Commission asserts salary incomes shown by taxpayers are understated by 50%, finds scope to extract more direct tax by chasing evasion without changing tax rates; experts aren't convinced

Mounting cane dues add fodder to ongoing farmers' protest in western UP

It's a catch-22 for the Adityanath govt as no hike in sugarcane SAP for three straight years can worsen an already volatile situation, while an increase would have pushed cane dues up further

India, Japan exchange views on non-proliferation, conventional weapons

India and Japan on Wednesday exchanged views on a range of contemporary issues of mutual interest in the areas of nuclear disarmament, non-proliferation, security of outer space and export control

FM addresses Sebi; calls for timely implementation of Budget announcements

Finance Minister Nirmala Sitharaman on Wednesday appreciated the measures taken by Sebi

UP Budget Session begins Thursday, Speaker appeals for smooth proceedings

The Budget Session of the Uttar Pradesh legislature will begin with Governor Anandiben Patel's address

India emerges as Asia's biggest destination for fintech deals

India left China behind in the quarter ended June 2020, a research report said on Wednesday