Page 1568 - Economy & Policy News

Corporate India expects quick turn around in 2021, says report

2020 has been one of the most challenging years as several businesses collapsed due to the global pandemic

From the brink to recovery, India's retail sector pins hope on 2021

India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-Covid business in the first half of the new year

Businesses continue to see improvement in performance: FICCI survey

The opening up of economy and implementation of a broad set of measures under 'Atmanirbhar Bharat' package have led to a continuous improvement, the survey said

How India's grain policies stoked Food Corporation of India's debt binge

In the past decade, FCI's expenses have risen as the guaranteed price for common rice has climbed by 73% and for wheat by 64%

Aviation sector hit hard by Covid-19, but recovery may not be far away

Experts believe nimbler carriers will survive the pandemic's carnage

Israel's sales pitch to India: Our artillery gun to support 'Make in India'

Business Standard has reviewed the letter, which was signed last Tuesday by Brigadier General Yair Kulas, director of Sibat - the Israeli defence ministry agency in charge of defence exports

Recovery Tracker: Workplace visits gain; power generation and freight slip

Working from office had fallen by two-thirds at the height of the lockdown

Actual freight and insurance should be declared on shipping bills: Expert

Any mis-declaration of freight paid or payable which results in loss of revenue by way of excess drawback payment, is liable to be proceeded against under the Customs Act

2020, the year that was: The best of bond rallies amid weak yields

Rupee among worst-performing Asian currency, but it supported Atmanirbhar campaign

HDFC Bank may appoint new chairman in Jan as Gopinath's tenure set to end

The tenure of current part-time Chairman Shyamala Gopinath will end on January 1.

If it ain't broke, don't fix it: RBI working paper on 4% inflation target

Working papers don't necessarily reflect RBI's views, but invariably end up doing just that. This paper, by H K Behera and Michael Patra, could be one such

Govt lifts ban on onion export, permits trade of all varieties from Jan 1

The onions, including Bangalore Rose onions and Krishnapuram onions, have been allowed to be exported from January 1, 2021

Assam tables Bill to protect people from high-interest money lending firms

Sarma also tabled another Bill for helping those taxpayers who could not avail the benefits or comply with a liquidation scheme due to the ongoing COVID-19 pandemic

Vikram Solar commissions 10 MW solar plant for West Bengal electricity dept

Vikram Solar on Monday said its 10 MW solar plant for the West Bengal State Electricity Distribution Company Ltd (WBSEDCL) was commissioned on Monday.

Maintaining 4 per cent inflation appropriate for India: RBI paper

Maintaining 4 per cent inflation is appropriate for India as targeting a lower rate could impart deflationary bias to the monetary policy, said a Reserve Bank paper.

Jaishankar calls on Qatar's Amir, PM; discusses economic and security ties

External Affairs Minister S Jaishankar on Monday called on Qatar's Amir Sheikh Tamim bin Hamad Al-Thani and discussed strengthening the economic and security cooperation between the two countries.

Retail auto weakens in Dec due to lower discounts farmers protest: Report

Farmers protest, lower discounts, especially for passenger vehicles compared to last year coupled with exhaustion of pent up demand, among others, resulted in weak auto retail sales in December

Container shortage affecting shipment schedules: TEXPROCIL

The Cotton Textiles Export Promotion Council (TEXPROCIL) on Monday said shortage of containers is making it difficult for exporters to complete scheduled shipments despite sharp rise in export orders.

Deocha Pachami coal block will generate 100,000 jobs: Mamata Banerjee

Banerjee, speaking at an administrative review meeting here, expressed hope that the coal extracted will be sufficient to generate electricity for 100 years

Centre releases Rs 6,000 crore loan to states to meet GST shortfall

The Finance Ministry has released the ninth weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall