Page 1604 - Economy & Policy News

Retail health segment sees 34% growth in April-October, shows data

The growth is led by the retail segment which has seen an almost 34 per cent rise in the reporting period

Reforms to unleash employment-led growth vs jobless expansion earlier: CEA

Krishnamurthy Subramanian says govt is converting Covid crisis into an opportunity by focusing on labour-intensive economic growth

Credit risks rising for infrastructure projects in India, says S&P

Growing debt; weakening counter parties driving risks

Govt's unprecedented reforms to usher in new era of growth: Amitabh Kant

Kant said as the world battles contraction in economic growth, India has initiated reforms in key sectors including agriculture, labour and mining.

With 1 million followers, RBI most popular central bank on Twitter

A central bank's influence is more measurable in terms of foreign reserves it holds and how it stacks up vis-a-vis other central banks

IATO urges govt to announce dates for restoration of e-visa, tourist visas

This will also give some encouragement to the pandemic-hit industry, which has had almost zero earnings and no meaningful help from the government, it added

India stymies investment from Hong Kong as border row with China drags on

Amid a border stand off with China, the Indian government had tightened rules for foreign direct investment from all nations sharing a land border

Draft pre-packaged scheme for insolvency largely based on British law

Rules to ensure that process doesn't remain debtor-driven but protects creditor's interests

India top destination for MNCs looking to invest, says CII-EY survey

MNCs look at India favourably when it comes to investments across the globe

Weekly economic indicators: Power generation falls 3% below 2019 level

Freight growth weakens, traffic also falls in key cities

Delhi govt reduces performance security of value of commercial contracts

The Delhi govt has reduced performance security to 3% of the value of commercial contracts in view of financial problems faced by contractors amid Covid-19 pandemic

Centre planning mechanism to solve tax issues in real time: FM Sitharaman

The concept, if it becomes effective, will allow taxpayers an opportunity to settle issues by paying the tax due instead of going in for litigation.

Singapore, Saudi companies push Indian solar tariffs to record low

India, the world's third-biggest greenhouse gas emitter, has set a target of raising its renewable energy to 175 GW by 2022

Govt plans to set up charging infrastructure across 69K petrol pumps

The government is planning to set up at least one e-charging kiosk at around 69,000 petrol pumps with an aim to accelerate the uptake of electric vehicles, Union minister Nitin Gadkari said

Prasad moots leveraging AI for voice-enabled interface of UMANG

Ravi Shankar Prasad on Monday said the possibility of using Artificial Intelligence for developing voice-enabled interface of UMANG services should be looked at to make it even more accessible

Momentum of economic reforms will continue, FM assures industry

Finance Minister Nirmala Sitharaman was addressing the National MNC's Conference 2020 organised by the industry chamber CII

Are private trains in India on track? Key developments and Covid challenge

In this podcast, Business Standard's Shine Jacob will discuss recent developments regarding private trains in India

India's 2020-21 edible oil imports pegged at 12.5-13.5 mn tonne: SEA

Poor demand due to lower out of home consumption in the wake of the Covid-19 pandemic will have a bearing on imports this year.

India net exporter of agri-machinery equipment to some advanced countries

Tractors are the largest component of the agri-machinery exports from the country

Draft labour rules: No licence for contractors with criminal history

Norms also include past insolvency; move not enough to weed out fly-by-night contractors, say industry experts