Page 1717 - Economy & Policy News

10 million households provided tap connections in current year: Minister

Jal Shakti Minister Gajendra Singh Shekhawat on Thursday said ten million households have been provided with tap connections in the current year.

How Social Stock Exchange will help raise funds, regulate social sector

NPOs looking to raise funds will have to list themselves on the exchange, but to do so they will have to meet minimum standards of reporting

Drug price monitoring unit set up in Karnataka under aegis of NPPA

The government on Thursday said aprice monitoring and resource unit (PMRU) has been set up in Karnataka under the aegis of the National Pharmaceutical Pricing Authority (NPPA)

Govt determined to make income tax system seamless: Anurag Thakur

The government is determined to successfully implement an income tax system that is "seamless, painless and faceless", Minister of State for Finance Anurag Thakur said on Thursday.

NHAI floats SPV to finance, build and operate Delhi-Mumbai expressway

NHAI is currently implementing about 28,000 km under 'Bharatmala Pariyojna' Phase-1. Under this, Delhi-Mumbai Expressway is one of the flagship highways corridors

Retail payments register 28% jump in June; digital mode sees 23% rise

Total digital payments in the economy recovered to Rs 113.4 trillion in June, compared to Rs 92.03 trillion in May, up 23 per cent

EIA draft must be translated into all Indian languages: Environmentalists

Environmentalists on Thursday said the draft EIA notification must be translated into all Indian languages so that everyone gets an equal opportunity to comment on it.

Organic e-commerce platform to directly link farmers with retail: Govt

The organic ecommerce platform 'Jaivikkheti' is being strengthened for directly linking farmers with retail as well as bulk buyers, the agriculture ministry said on Thursday.

RBI remains net purchaser of US dollars in June, buys $9.814 billion

In May, the RBI had bought $4.663 billion and sold $300 million in the spot market. It had net purchased $4.363 billion in May

Railways trusts competition; rules out fare regulator for private trains

Railway board chairman VK Yadav had earlier stated that the ministry is considering setting up a regulatory authority in the future

No timelines in Taxpayers' Charter; vague compared to Citizens' Charter

The Taxpayers' Charter has left tax officers puzzled whether they will still need to abide by the timelines mentioned in the Citizens' Charter

India urgently needs future-ready digital health system, says Ficci

E-Pharmacy provides a building block for such a digital health ecosystem to ensure efficient and affordable universal health coverage, Ficci added

CIC's functioning not interrupted for a day due to Covid-19: Jitendra Singh

Not only this, the chief information commissioner informed the minister that the Commission had also effectively continued its interactive and outreach activities, the statement said

Economic recovery to push sales tax from petroleum products by 9%: Crisil

"There could be a 7-9 per cent on-year rise in sales tax receipts to Rs 1.96 trillion, despite an expected 25 per cent fall in collections in the first quarter on-year," it said in a note

High retail inflation in July on food price hike dims chances of rate cut

India's economy is expected to contract more than 4.5% in the current fiscal year, but some analysts do not expect the central bank to cut rates further this year

Taxpayers' Charter sends right message to investors on regulation: Experts

Experts said the push to ensure honest taxpayers have certainty and a non-adversarial or soft-touch regime would help put energy and effort of businesses into operations

UP govt launches investigation into power outage, notice served to L&T

The power outage, which affected 300,000 consumers in the state, was caused by improper handling of the software in smart meters

Andhra govt embarking on comprehensive survey to map industry's needs

The Andhra Pradesh government is embarking on a Samagra Parishrama Survey 2020 (comprehensive industrial survey) to capture industry requirements

ISB unveils portal with real-time analysis to track economic recovery

Indian School of Business (ISB) on Thursday launched a portal that brings together several high-frequency indicators (HFIs) of India's economic recovery

China extends anti-dumping duties on Indian optical fibres for 5 years

It ruled that if the measures are terminated, the dumping of imported single-mode optical fibers from India may continue and Chinese domestic industries subsequently be impacted