Page 1694 - Economy & Policy News

Loans up to Rs 50 cr for start-ups get priority sector tag in new RBI norms

Lending limit for health infrastructure doubled to Rs 10 crore, says central bank.

Shipping Min directs ports to procure, charter indigenously-built vessels

Union Shipping Minister Mansukh L Mandaviya said that the new plan will help to build small vessels at 16 major shipyards in the country

Will take up GST cut demand with FM Sitharaman, PM Modi: Prakash Javadekar

Prakash Javadekar assured the automobile industry that he will take up the industry's demand for a cut in GST for the sector with the Finance Minister and the Prime Minister

India pins hopes on farms to boost a troubled economy. It may not be enough

The optimism about the sector has been fueled by timely rains, a good monsoon and an increase in the crop area. But here's a look at the risks that may curb growth going forward

K'taka for retaining leadership position in tech, innovation with IT policy

The Karnataka government aims to retain the leadership position in technology and innovation with its new IT policy for 2020-25

Pradhan discusses with CHT officials about innovation in oil and gas ops

Dharmendra Pradhan held a meeting with officials of Centre for High Technology to discuss the adoption of best practices and promotion of Research Development and innovation in oil and gas operations

Rajnath meets Russian counterpart, discusses ways to deepen defence ties

Defence Minister Rajnath Singh met his Russian counterpart General Sergey Shoigu in Moscow wherein the duo discussed about strengthening defence and strategic cooperation between both countries

Big cities have lessons for govt's plan to integrate infra development

PM's I-Day speech had focused on areas such as health and infra for a self-reliant New India. The second of a three-part series looks at the challenges in banking on infra spending to spur growth

Coal Ministry replaces five Chhattisgarh mines in commercial auction

Adds three mines from the same state taking the total of mines on offer to 38, from 41 earlier

India becoming a leading destination for foreign investment: PM Modi

PM says pandemic has taught global supply chains need to be built on trust and policy stability

SC directive is a big relief for stressed firms with cash flow issues

Cash flows of airlines, hotels, SSIs yet to recover

Covid-19 pandemic pushes up average retail order size by over 50%

Retail realty sector that was seeing a steady fall in inventory is again staring at a spike in vacancy rate, a report by Anarock & Retailers Association of India shows

Firms raising 3-month money at much lower than RBI's overnight rates

Even as FCI is raising Rs 75,000 cr for three months at 4.69%, companies are regularly tapping bond market for the same tenure at as low as 3.2%, way lower than RBI's repo rate of 4%

Don't declare accounts NPA till further orders, says Supreme Court

A three-judge Bench will hear the case next on Thursday

Railway Board restructuring gets green flag: Vinod Yadav to be first CEO

The current restructuring will be a zero-cost exercise and money will be saved by surrendering posts in the board and stopping duplication of work

Contribution-based pension accounts for new EPFO subscribers soon

The move will help higher-income group workers to get higher pensions and is aimed at making the pension fund of the EPFO, which is in deficit, more sustainable

GST compensation row: Bihar bats for the first option proposed by Centre

West Bengal, Tamil Nadu, Kerala, Chhattisgarh, and Telangana have rejected both the options and reached out to Prime Minister Narendra Modi to intervene

At 41.8, services PMI continues to show contraction for 6th month in Aug

PMI for combined services and manufacturing rose from 37.2 in July to 46 in August

Shutting old coal plants, freezing new ones will save Rs 1.45 trn: Report

Replacing scheduled generation from these old plants with cheaper electricity, either from new renewables or from the market, would save another Rs 7,000 crore annually

CII launches plan to nurture new businesses, to work with DPIIT on strategy

Will provide policy inputs, identify new growth segments and set up international partnerships; wants govt to invite other nations to participate