Page 1617 - Economy & Policy News

World Bank to advise DIPAM on monetising non-core assets, enemy property

DIPAM is mandated with facilitating monetisation of non-core assets of the public sector units under strategic disinvestment or closure, and enemy property of Rs 100 crore and above

UP eyeing pie of $5-bn projected investments in data centres by 2025

The state government will provide a host of incentives to the data centre developers, so that their projects are completed within timelines

As demand outpaces supply, Oct tractor sales up 9 per cent over last year

Good monsoon followed by good crop have given a fillip to demand for tractors

Slaying the dragon: 71% Indians boycotted Chinese goods this Diwali

China-made products - from smartphones and electrical components to home decor items - gained traction here since the mid-2000s, when they flooded the markets with their cheaper alternatives

No extra load on taxpayer for GST turnover shown in form 26AS: Revenue dept

Form 26As is a yearly consolidated tax statement accessible from income-tax dept's website using a PAN. One can refer to it for details of high-value expenses and taxes paid

Statsguru: Sensex recovers from Covid-19 pandemic shock in Samvat 2076

As against the pre-Covid peak of 41,945 that the S&P BSE Sensex attained in January 2020, the Hindu accounting year ended 3.6 per cent up at 43,443 points

Diesel sales fall 5% in November after reaching pre-Covid levels in October

India's diesel sales fell 5 per cent in the first half of November when compared with the previous year, industry data showed on Monday, after rising for the first time in eight months in October

Tourism will zoom in summer, aided by news of vaccine, says Expedia CEO

"People will think, 'Well, by the summer Europe might be open, or I might have the vaccine, so let's book it,'" Expedia CEO said

Diwali cheer for auto, durable makers as need for convenience drives sales

While retailers, manufacturers said that sales growth has been in double-digits for home and kitchen appliances during the Diwali period this year, car dealers say some models have stocked out

As world signs mega FTAs, India simply can't afford to turn protectionist

If India misses out on attracting some of the new global trading infrastructure, it could be locked out of several years of growth

Top headlines: M-cap to GDP ratio, RBI's liquidity infusion, and more

From market-cap to GDP ration touching highest in 12 quarters, to bond the market's positive reaction to RBI's moves, here are the top headlines on Monday

Gig workers need to register, update info for social security: Draft rules

Gig firms will have to submit contribution towards a fund through self-assessment by June 30 each year

After commercial auction success, govt plans further mining reforms

Private sector likely to get entry into mineral exploration

What changes with IPO is cautious decision-making: RailTel's Puneet Chawla

In conversation with Shine Jacob, RailTel's Chairman and Managing Director PUNEET CHAWLA talks about how its business improved during Covid and the IPO road map

Professionals and kingpins among 25 held for issuing fake bills under GST

350 cases filed against 1,180 entities, actual amount of fake ITC claimed being ascertained, say sources

Tweak in policy helps attract 'realistic' bids for coal blocks: Experts

Revenue-sharing model drove interest among larger firms, say experts

Govt plans separate electricity distribution channel for industries

To create manufacturing hubs in each state that will be offered to private firms

Mega free trade agreement likely to be a closed chapter for India

Examining instead Japan-India-Australia Supply Chain Resilience Initiative for free, transparent trade and investment

India's Diwali period sale up over 10% in 2020, says top retail trade body

India's top retail trade body said that sales during the country's Diwali festive period rose by more than 10% year-on-year, indicating "good business prospects" for small businesses

Gold imports decline 47.42% to $9.28 bn during Apr-Oct as demand falls

India's gold imports, which have a bearing on the current account deficit, plunged 81.22% to $2.47 billion during April-July period of 2020-21 due to a notable fall in demand in the wake of Covid-19