Page 1610 - Economy & Policy News

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

Govt plans air freight stations to transport coronavirus vaccines

Air freight stations near manufacturing sites will enable direct movement of vaccines to the aircraft

Fake invoice issue: GST Council law panel urges Aadhaar-like registration

Wants physical verification if applicants opt for non-aadhaar process. Committee met in the wake of rising number of fake invoices under GST system

Bank and NBFC stocks seen cheering RBI's proposals on widening ownership

While questions remain, RBI panel's recommendations, if implemented, could result in structural changes for the sector

26 million families given piped drinking water under Jal Jeevan: PM Modi

Govt has so far provided over 58 mn tap-water connections, covering 30% of rural households. So far, Goa is the only state with 100% tap water coverage

India's manufacturing poised to witness recovery in Jul-Sep: Survey

India's manufacturing sector is poised to witness recovery in the July-September quarter, even as the hiring outlook for the segment remains bleak, according to a survey by FICCI

Economy improving, growth to turn positive in Q3, Q4 of FY21: Ashima Goyal

India's macroeconomic situation is improving fast and the country's GDP growth will turn positive in the third and fourth quarters of the current financial year, eminent economist Ashima Goyal said

Covid pandemic biggest challenge facing the world since WW-II: Modi at G20

Speaking at the G20 summit on Saturday, Prime Minister Narendra Modi called the Covid-19 pandemic an important turning point in the history of humanity

UP best performer in inland fisheries, Odisha is best Marine state

Uttar Pradesh was awarded as best performing state in inland fisheries sector while Odisha got the award of the best Marine state on the occasion of 'World Fisheries Day'

Competition laws, IPR encourage innovation, aid human progress: D Subbarao

Competition laws and Intellectual Property Rights (IPR) both encourage innovation and contribute to human progress, former RBI Governor D Subbarao said on Saturday

Fisheries can attract about Rs 67,000 cr investment in 5 years: Report

The central government has also envisaged to improve the quality of life in coastal communities, the official said

India set to resume talks on free trade agreements with EU, US

India which has not signed any trade agreement since 2012

PM Modi says India set to double oil refining capacity in five years

India would achieve its targets of increasing renewable energy capacity to 175 gigawatts by 2022 and 450 gigawatts by 2030 ahead of schedule, says PM

Industry share in GDP 20-yr low: How it affects growth, what govt should do

Tune in to know why should one worry about the industry's falling share in India's GDP, how does it affect the country's overall economic growth in the long-term and more

Lakshmi Vilas Bank failed and this time India is getting a rescue right

India called upon called upon a foreign institution to take over Lakshmi Vilas Bank's assets and liabilities. That should stoke interest of other global banks

RBI panel suggests hike in promoter stake cap to 26%, non-promoter to 15%

These are among the key recommendations made by the internal committee of the RBI, set up to review the extant ownership guidelines and corporate structure for private banks in the country.

RBI internal working group for bank licence to large corporate houses

Non-banking financial firms with an asset size of Rs 50,000 cr or more can aspire for a banking licence

Govt proposes to up daily factory work limit to 12 hours, draws protests

Work-life balance of employees will be hurt if they work for so long and then commute, say labour economists