Page 1651 - Economy & Policy News

Unlock 5.0: Optimism returns, India Inc sees signs of recovery in economy

Some caution this is mere pent-up demand; others say it is sustainable and growing

Statsguru: Bulls on Dalal Street once again back in the driver's seat

The benchmark S&P BSE Sensex rallied nearly 10 per cent in the past 10 trading sessions and regained the psychological 40,000-mark after over seven months

RBI move to conduct OMO on state development loans could be a game changer

By facilitating the OMOs, the central bank is assuming a much bigger role than earlier. Some have started comparing the RBI with European Central Bank

RBI's stand on FDI from Mauritius to slow down PE inflows in NBFCs

Some $1-1.5 billion annual inflows in NBFC space likely to be impacted with RBI move

Show proof of reskilling or refund: Retrenched workers face Hobson's choice

If they are unable to reskill within a fixed period of time, they will have to return the money given to them by the government

Firms likely to move court against arrest provisions under GST laws

While the government claims that companies are booked under GST laws for fraudulently claiming the input tax credit, experts find loopholes in the provisions, particularly those related to arrests

GST Council meet: Stalemate over compensation may see some solution today

Dissenting states may move SC, press for dispute resolution authority, refer matter to GoM

Over 2.3 mn tonnes paddy arrives in Punjab mandis, 2.2 mn tonnes procured

A total 2.3 million tonnes of paddy has arrived so far in mandis in Punjab in the ongoing procurement season, the state's Food and Civil Supplies Minister Bharat Bhushan Ashu said on Sunday

Govt constructed 2,921 km of highways under the Bharatmala Pariyojna

A total of 322 projects in a length of 12,413 km have been awarded under Bharatmala Pariyojana till August, 2020

Digital payments rise at 55% CAGR vy volume in five years to FY20: RBI data

By value, they have grown from Rs 920.38 trillion to Rs 1,623.05 trillion, clipping at a CAGR of 15.2%

UP govt clears Gorakhpur's Rs 4,672 cr light metro rail, completion by 2024

European Investment Bank is providing Euro 650 million for Kanpur Metro

FPIs turn positive on Indian markets, invest Rs 1,086 cr so far in October

According to the depositories data, overseas investors pumped in a net Rs 5,245 crore into equities and withdrew Rs 4,159 crore from the debt market during October 1-9

Railways to run AC coaches on trains with speeds between 130 - 160 kmph

Tracks on golden Quadrilateral and Diagonals are being upgraded to cater to speeds of 130 kmph to 160 kmph (kilometre per hour)

RBI to move next-gen treasury application for managing forex, gold reserves

The NGTA, for which the RBI has invited bids from eligible vendors, would be supporting various transactions in asset classes like Fixed Income (FI), Forex (FX), Money Market (MM) and Gold

GST Council to discuss compensation issue for third time in a row on Monday

The projected total compensation shortfall in current fiscal stands at Rs 2.35 trillion

PM launches physical distribution of property cards under SWAMITVA scheme

The move will pave the way for villagers to use property as a financial asset for taking loans and other financial benefits

Covid impact: Avg monthly rent for retail space in Khan market, CP drop 14%

Connaught Place and South Extension I & II also witnessed 14 per cent fall in monthly rentals in the last one year

Major ports' cargo traffic falls for 6th straight month; logs 14% drop

Cargo volumes at these 12 major ports under the control of the Centre that had handled 348.23 MT during April-September of the last fiscal has declined for the sixth straight month

Discoms' outstanding dues to power gencos rise 37% to Rs 1.33 trn in August

The portal was launched in May 2018 to bring in transparency in power purchase transactions between the generators and discoms

Worst is over, economic recovery faster than expected: Keki Mistry

Mortgage lender HDFC Ltd's CEO Keki Mistry on Saturday said the "worst is behind us" and the economic recovery has been faster than expected