Page 1663 - Economy & Policy News

Looking forward to work with new TRAI chief for telecom growth: COAI

Industry body COAI on Monday said it looks forward to working with new TRAI chairman P D Vaghela, as it sought continued support of the telecom regulator

Consumers come to grips with 'new normal' as Covid-19 cases rise in country

From groceries to electronics, consumers are more willing to buy online as compared to three months back

Override new farm laws, Sonia Gandhi tells states ruled by Congress

Party's MP from Kerala moves SC; Amarinder may follow suit

After 16 years, mineral exploration starts at the Kolar Gold Fields

The Union Minister said the exploration started after his meeting last month with Karnataka Chief Minister B S Yediyurappa on August 28

Short of MPC members, RBI announces deferring monetary policy meeting

The central bank didn't give any reason, but the external members for the MPC have not been appointed by the government.

Import of iron, steel items need mandatory registration under SIMS: Govt

The mandatory registration was earlier imposed on about 300 items. Now about 530 more products have been added

Centre starts kharif procurement in big way to douse fury over farm bills

Will also procure 1.4 million tonnes of pulses and oilseeds, and start lifting cotton on October 1

Senior bureaucrat P D Vaghela appointed TRAI chairman, says DoPT

Vaghela, a 1986-batch IAS officer of Gujarat cadre, is currently Secretary, Department of Pharmaceuticals

Corporate Affairs ministry extends date for various schemes amid Covid-19

Under the schemes, entities are allowed to submit filings without late fee and also get immunity from penal proceedings with respect to delay in submission of requisite filings.

Mumbai's dine-in services to resume in October after a gap of 6 months

Operations permitted in first week of the month, say restaurant bodies

Icra scales up projection for GDP contraction to 11% from 9.5% earlier

Attributes move to continued spread of Covid-19 pandemic

Icra scales up projection for GDP contraction to 11% from 9.5% earlier

Attributes move to continued spread of Covid-19 pandemic

ICRA revises forecast, pegs India's FY21 GDP contraction at 11% from 9.5%

Ratings agency ICRA has revised its forecast for the contraction in India's FY21 GDP to 11 per cent from its earlier assessment of 9.5 per cent

Govt allows use of H-CNG as alternative clean fuel for automobile

H-CNG is an 18% mix of hydrogen in compressed natural gas

Sugar export deadline extended by 3 months till Dec: Food Ministry

The government has given additional three months' time till December to millers to undertake mandatory export of their sugar quota allocated for this year

Govt to club unviable airports with main ones in next privatisation round

Facing criticism that privatising profit-making airports is saddling the AAI with economically unviable airports and fostering monopoly in the sector, the Centre is planning to rewrite policy

Local preference move unlikely to give push to solar gear makers

For any procurement by the Central government agencies and nodal departments, the preference would be given to local products for which there is sufficient local capacity

RBI likely to keep interest rates unchanged in upcoming policy review

RBI Governor Shaktikanta Das had earlier said although there was headroom for further monetary policy action, it was important to keep "our arsenal dry and use it judiciously."

Scrip-wise info in ITR must only for those seeking LTCG exemption: CBDT

Direct tax body denies reports that stock or day traders are required to furnish scrip wise details in return of income for AY 2020-21

3/4th of demand raised by I-T after searches not upheld, says CAG

This was because additions were made related to transactions based on the documents found, which were disclosed by the assessee