Page 1668 - Economy & Policy News

HC seeks Centre's reply on BPSL ex-chairman plea against IBC proceedings

It refused to stay, at this stage, a notice issued by SBI to Singal seeking to invoke personal guarantee under the provisions.

States forced to pay higher spread as oversupply concerns take hold

The rise in spreads is a direct measure of market displeasure than a rise in yields. This is because if spreads widen, SDL yields could still rise even when G-sec yields remain where they are

Long-delayed UNSC reforms need a 'decisive push', say G4 nations

India has been spearheading decades-long efforts to reform the Security Council

Four key reasons why the AAR is losing its relevance in direct taxes

Set up in 1993 to provide clarity to MNCs about taxability of certain transactions, and later to domestic companies for deals above Rs 100 cr, it has become dysfunctional due to vacancies at the top

Govt panel suggests cash fertiliser subsidy of Rs 5,000 per year per farmer

If the government accepts this recommendation, the ongoing practice of transferring subsidy to fertiliser-producing companies will be discontinued

States to approve land acquisition process for private coal miners

States had protested that the Centre was breaching their rights to approve land acquisition for private coal miners

FDI equity inflows into India decline 60% in Q1 to $6.56 bn: DPIIT

The overseas inflows during April-June 2019 stood at $16.33 billion

Advocacy group CUTS to move Delhi HC against cos it says are profiteering

Will speak on behalf of consumers in a case against National Anti-profiteering Authority; Forty-odd companies have challenged NAA findings, court has clubbed petitions as one

Indian policymakers need to be more pragmatic on data localisation: DBS CEO

\Indian policymakers need to be more "thoughtful and pragmatic" on data localisation, Singaporean lender DBS's chief executive Piyush Gupta said on Wednesday.

Industry, govt need to work together for growth of tourism sector: Fogel

The travel and tourism industry and government in India need to work together for the growth of the sector

Most Indian employees feel upskilling necessary to stay in job: Survey

Around 92 per cent Indian employees in a survey have accepted that there is a skill gap that exists in the country, and they need to upskill to face the competition in the job

Jammu & Kashmir revenue receipts rose by Rs 6,200 crore in 2016-17: CAG

Total revenue receipts of Jammu and Kashmir government for 2016-17 were Rs 41,980.72 crore as compared to Rs 35,780.60 crore in the previous year

Delhi govt keeping close watch on essential commodities' prices: Minister

During a meeting, officers said retail prices of onion in Delhi were less as compared to last year

Rs 142.32 cr spent for environment education scheme in 2017-19: Govt

A total of Rs 142.32 crore was spent between 2017 and 2019 for the implementation of the Environment Education, Awareness and Training scheme, the ministry of environment told Lok Sabha on Wednesday.

Joint Committee of Parliament on data protection bill gets extension

The Joint Committee of Parliament examining the Personal Data Protection Bill was on Wednesday given an extension to submit its report during the winter session of Parliament.

CAG recommends automation of foreign trade promotion schemes adminsitration

Currently, duty benefits are provided under two key trade promotion schemes -- Merchandise Export from India Scheme (MEIS) for goods, and Services Export from India Scheme

Nagaland to withdraw steep Covid-19 cess on petrol, diesel: Minister

The Nagaland government has decided to withdraw the steep COVID-19 cess on petrol and diesel, state minister Neiba Kronu said on Wednesday.

Retail experts call for digital integration of supply chain amid Covid-19

With the COVID-19 pandemic disrupting the retail supply chain, the industry needs to adopt digitisation and connect with rural and urban population digitally, say experts.

Govt proposes extending suspension of new bankruptcy filings: Report

The proposal is to extend the halt on new bankruptcy cases for another six months past its currently scheduled ending point this week

The argument for and against the partial legalisation of narcotics

While most states are reluctant to take illicit drug trade head on, some like Sikkim are flirting with partial legitimacy, others like Punjab are coming down hard