Page 1605 - Economy & Policy News

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

Top headlines: India may get 1st vaccine by Feb, FMCGs expand rural reach

India is likely to issue an emergency use authorisation to at least one Covid vaccine by the end of January and health workers will be the first to be inoculated. More headlines in our evening roundup

DoT committee rejects BSNL concern over using locally made 4G core

Operator's plea of compensation for delay in 4G rollout also struck down

Despite Covid-19, ratio of rating upgrades to downgrades improves

According to SBI EcoWatch, only 15-20 per cent of firms may request for a debt rejig

Govt kickstarts Budget-making exercise; health outlay may get 50% boost

FY22 infrastructure allocation also likely to see significant increase

Halting of Tejas Express raises doubts on viability of private trains

70% occupancy on each trip required to run private trains without losses; industry says Tejas setback temporary

Tariff hike to depend on largest telco: Bharti Airtel chairman Sunil Mittal

Says 5G pricing must encourage investment in networks

Statsguru: From email to ecommerce, 25 years of internet in India

There was a time when political parties opposed the use of computers to save jobs. Today, the internet is an important part of daily human life