Page 1657 - Economy & Policy News

Pandemic relief: UP govt exempts industrial areas from double taxation

Earlier, industries falling under the jurisdiction of UPSIDA, were subject to tax/user charges levied by the nodal industrial development agency and the local district panchayat

Non-BJP states to oppose govt's borrowing option in GST meet tomorrow

In the current fiscal, the states are staring at a staggering Rs 2.35 trillion Goods and Services Tax revenue shortfall

September data showing credible signs of economic growth: Finance Ministry

The ministry said that earnest efforts made by the government in last few months during coronavirus period have now started showing the green shoots

India set an example of being social capital during Covid: Mohan Bhagwat

Mohan Bhagwat, the Sarsanghchalak of the RSS who inaugurated the virtual national conference of the BMS, said that India has set an example of being a social capital during the Covid-19 pandemic

Share of renewable energy rises to 26% in Apr-Aug this year: Official

The share of renewable energy in the country's power mix has increased from 23% to 26% in April-August period this fiscal

Quality and scale, not subsidies, to push exports to $1 trn: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Saturday said quality, technology and scale of production would help India take its annual exports to $1 trillion and not government subsidies

Javadekar tells Goan farmers not to fall prey to politics over farm Bills

Union Minister Prakash Javdekar on Saturday urged Goan farmers not to fall prey to the politics over the newly enacted agricultural laws, saying the Congress ha always deprived farmers of their rights

CNG gets cheaper by Rs 1.53 a kg in Delhi; piped cooking gas price also lowered

CNG and piped cooking gas price in the national capital and adjoining cities was cut in sync with a reduction in natural gas prices on Saturday

Indicators show that India will bounce back to high growth levels: Goyal

Indicators like positive growth in exports in September and increase in GST collections show India will bounce back to high growth levels, Commerce and Industry Minister Piyush Goyal said on Saturday

Railways freight traffic will surpass last year despite Covid: Piyush Goyal

The minister noted that despite September being a lean month, for the first time during the past 10 years freight movement touched 100 million tonnes

India has capability to be global player in many sectors: Piyush Goyal

Commerce and Industry Minister Piyush Goyal said on Saturday that India has the capability to become a global player in many sectors and needs to scale up its manufacturing activities

Changi airport, world's best, warns of 'daunting' future in raging pandemic

According to the International Air Transport Association, 25 million jobs are at risk in airlines and associated businesses such as travel and tourism

FM not averse to providing further economic stimulus, says source

Asserts that recent trends of economic recovery are testimony to government's intervention

Exports rise for the first time in seven months, up 5% in September

Development marks yet another sign of revival as imports continue to decline, albeit at a slower pace, trade deficit shrinks

Covid-19 impact: Recovery for cement erratic, but margins may hold

A combination of reduced overhead expenses and cut in fuel cost could help shield margins.

Events business unlocks, but key states retain cap amid Covid-19 pandemic

Maharashtra, Delhi and Rajasthan continue with 50-people ceiling

Few takers for special liquidity scheme due to stringent eligibility rules

The use of liquidity facility remains low due to factors such as consolidation of business, stringent eligibility rules and short tenure

NBFCs pin hope on festive season for revival in credit disbursals

Collection efficiency of non-banking lenders and housing finance companies picks up

Pause in IBC, internal issues halt takeover of stressed projects

Big developers are in wait-and-watch as leveraged developers have made use of the six-month loan moratorium, effectively avoiding defaults

MyGov to focus on having more state chapters, campus ambassadors: CEO

The platform, launched in July 2014, has 13 million users who contribute their ideas through discussions