Page 1527 - Economy & Policy News

Only small, micro-level eco-friendly industries permitted in TTZ: NGT

Only small, micro and macro-level industries which are eco-friendly can be allowed in Taj Trapezium Zone (TTZ), the tribunal said

RBI projects GDP growth rate at 10.5% over recovery in economic activities

RBI Governor Shaktikanta Das said vegetable prices are expected to remain soft in the near term as the central bank projected retail inflation rate to come down to 5.2 per cent in the current quarter

Govt confident of achieving growth of nearly 11.5%, says Anurag Thakur

Thakur also said that the government is focused on a clean up exercise in the banking system and setting up a bad bank was among the steps in that direction

New Bill set to amend the Electricity Act, end licence raj in power supply

Electricity Bill, 2021, will be tabled in the ongoing session

Budget makes a directional change, to encourage entrepreneurial spirit: FM

Nirmala Sitharaman says it raises resources without increasing tax rates, asks industry to invest now

Average HNI earns Rs 50-lakh interest that's tax free: Govt defends PF move

In the Budget, it was announced that Rs 2.5 lakh a year is the deposit limit for EPF on which interest earned won't attract any tax.

Manufacturing plan for power and renewable energy equipment in works

The scheme titled 'Manuf­acturing Zones under Atmani­rbhar Bharat Package' in the Budget would entail setting up three manufacturing zones in a year

Digital advertising to grow 20% in 2021, touch Rs 23,700 cr by 2022: Dentsu

A just-released report by the advertising group says digital medium grew 15.3% in calendar 2020 to reach Rs 15,782 cr

Chinese steel mills may gain from customs duty cut announced in Budget

The cut has failed to rein in prices, as domestic steel mills raised flat steel prices by about Rs 1,500 a tonne after the announcement

Modi govt targets land disputes that cripple India's infrastructure

The spat over a location to house train carriages has indefinitely delayed the construction of a metro that could decongest the city and bring $4.2 billion worth of investments

MSMEs seeking factoring credit should get ratings: Parliament panel to govt

There is often delay in MSMEs getting payment against their bills for supplying to various buyers

Govt to avail KCC to more livestock, dairy farmers: Animal husbandry Secy

The department is coordinating with banks to remove their apprehensions about issuance of KCC to livestock and dairy farmers, he said

Aviation workforce shrank by 39,000 in April-Sept due to Covid-19: Ministry

Highest impact seen in employment at airports which shed 19,247 employees during this period

Agri min gets DGCA nod for taking drone-based crop images under PMFBY

This is the first remote sensing technology based largest pilot study conducted so far in the country for crop yield estimation, the agriculture minister said in a tweet

1,000 more mandis to be integrated with e-NAM in 2021-22, says govt

Direct payment to farmers has also been enabled on this platform

FinMin allows Andhra to borrow addl Rs 1,515 cr for power sector reforms

Madhya Pradesh has also undertaken reforms in the power sector

TRAI issues recommendations on regulatory framework for DTH services

TRAI has issued its recommendations on the back reference from the Ministry of Information and Broadcasting on the earlier guidelines on the regulatory framework for platform services offered by DTH.

Disinvestment calendar will work well, non-tax revenues to improve: FM

Finance Minister Nirmala Sitharaman on Thursday exuded confidence that the disinvestment calendar announced in the Union Budget will "work well".

All supercritical railway projects to be completed by March 2022: Goyal

Fund allocation and targets planned for next 4 years, says minister

Petrol, diesel price at fresh high; oil co says tax cut by govt can help

Petrol and diesel prices on Thursday climbed to fresh highs in the country as rates were hiked by the most in recent times, even as fuel retailers said the government can cut taxes to ease burden.