Page 1682 - Economy & Policy News

Total tax collection falls 22.5% till Sept 15 to Rs 2,53,532 cr: Report

Total tax collection of the Centre, including advance tax collection for the second quarter, fell 22.5% to Rs 2,53,532 crore till September 15 of the current fiscal as compared to the year-ago period

Just 2 papers for power connection: Govt drafts easier, user-friendly rules

Among a slew of consumer-centric rules, the ministry has proposed to give those who have set up rooftop units or solarised their irrigation pumps the right to produce electricity for self-use

India's milk, egg production registers 6% increase despite coronavirus

Despite the impact of the Covid-19 pandemic on the economy, milk and egg production in India has increased by 6%

Time is ripe for early harvest trade deal with the UK: Piyush Goyal

Minister of Railways and Commerce and industry Piyush Goyal has called for aiming for a target of $500 billion of service exports

Telecom operators sound alarm over India-specific standard for 5G

The operators would rather go along with the global standards set by the 3rd Generation Partnership Project or 3GPP

Retail prices of tomatoes, onions, potatoes rise due to supply disruptions

This could be result of continued supply-side disruptions, say experts

Govt presents first batch of supplementary demand for grants: An explainer

The demand is to spend an additional Rs 2.36 trillion in FY21

Covid-19 crisis: Port cargo picking up, but still lower than last year's

The fall in cargo at 12 major ports - administered by the central government - was 10 per cent in August compared to the same month in 2019

Covid-19 impact: India's economy to contract 9% in FY21, says ADB

This will be the first time in four decades that the Indian economic growth will contract

EPF interest rate, 10-year govt bonds spread at 16-year high of 2.5%

Bond yield drop may make it tough for EPFO to keep interest rate at 8.5%

August exports shrink 12.6%, trade deficit hits 4-month high of $6.77 bn

Import contraction restricted to 26 per cent in August due to surge in gold purchases from abroad

Govt receives large number of suggestions on proposed mining reforms

A large number of comments/suggestions on the proposed reforms have been received by the ministry in response to public consultation notice, which are being examined in detail

Govt aims to enhance digital economy's contribution to 20% of GDP in 5 yrs

Kumar added that AI and other emerging technologies will play a key role in achieving the target, and involvement of all stakeholders is needed

Open to discussing import of scotch whiskey from UK in large amount: Goyal

India is committed to an FTA with the UK and it will also be good for Commonwealth countries, he added

Customs to raise vigil on electronic items from FTA countries from 21 Sept

Finance ministry sources said misuse of the FTA route has been on the rise for the last few years to escape customs duty on imports

Karnataka govt to resume iron ore mining at Donimalai after 2 years

Donimalai is rich in iron ore and was in the custody of state-owned NMDC for 50 years when its lease period ended in 2018

India has one of the better air safety indicators in the world, says Puri

Aircraft accidents in India in 2019 were just 0.82 per million flights as compared to the global average of 3.02, he noted.

Gujarat, Sibdi sign MoU to help 3.5 mn MSMEs amid Covid-19 outbreak

The aim is to "accelerate technology transfer and innovation in state MSMEs through training and capacity building programmes," it said

India, US sign agreement to strengthen dialogue on defence tech cooperation

India and the United States on Tuesday signed a statement of intent to strengthen the bilateral dialogue on defence technology co-operation

Red signals from green protests: Impact of Sterlite closure on livelihoods

Sterlite's argument is that there is a case for heightened pollution in the Thoothukudi area, but it has not been conclusively proven anywhere that Sterlite specifically was the cause of it