Page 1727 - Economy & Policy News

Unique ID, data privacy give strength to Centre's digital health mission

Digitised health records could help collate and analyse data in a more comprehensive and 'real time' manner for policymaking

Banks may not have to pay service tax for facilitating international trade

To facilitate trade, Indian banks provide services to exporters by sending the export documents to the bank of the importer abroad and collect payment

India's consumer confidence plummets to record low in July: RBI survey

Sentiment had been steadily falling since the government imposed the world's biggest pandemic lockdown in late March and collapsed further in July to reach 53.8, the RBI said

Business Confidence Index falls 40% in June quarter: NCAER survey

It fell 62 per cent in the June 2020 quarter on a year-on-year (y-o-y) basis, according to a survey by the National Council of Applied Economic Research (NCAER)

India has trade deficit with 9 of top 10 commerce partners, shows data

While India has maintained a comfortable surplus of more than $17 billion with the United States, its largest export market, deficits have become deeper for all other nations

One-time loan recast: Tricky road lies ahead for Kamath panel, say experts

Govt appoints four more members; norms in 30 days after recommendations

Priority lending tag to provide new credit lifeline for young startups

Say banks will have to understand ecosystem's high-growth business model

IBBI amends rules for corporate resolution, voluntary liquidation process

"The resolution plan, which receives the highest votes, but not less than sixty-six percent of voting share, shall be considered as approved," it added

Delhi govt sends notices to over 5,500 firms for not filing tax returns

The Aam Aadmi Party (AAP) government will strictly scrutinise the reasons behind these companies not filing tax returns, Sisodia said

Adityanath govt transfers online loans of Rs 2,447 cr to new MSME units

Yogi Adityanath said that his government was working with full dedication to explore all possibilities to realise 'self reliant India'

Taxpayers deserve better services, they are nation-builders: Sitharaman

There are only a few countries in the world, like Australia, the UK and US, where there is a Charter of Rights for the taxpayer, she said

Gem export council seeks Rs 900 cr package to boost jewellery manufacturers

This package will be used for setting up 'Model Manufacturing Workshop' that will focus on upgradation of skill development programmes, he added, Council Chairman

Centre approves construction of 1 million houses under PM Awas Yojana

Centre approved the construction of around 10.28 lakh houses under the Pradhan Mantri Awas Yojana (Urban)

Power transmission sector to get investment worth Rs 1.8 trn by FY25: Icra

It said evacuation infrastructure for renewable energy (RE) projects will drive investments in the power transmission segment

Professional forecasters predict contraction of nearly 6% in FY21 GDP

Despite this precipitous fall, they expect the farm sector to grow at 3.4%, and industry and services to contract sharply by 9.7%, and 6.1%

Gujarat's new industrial policy pegs average annual outlay of Rs 8000 cr

Gujarat CM Rupani said that the new policy has been formed to further consolidate the growth momentum that the state has achieved over the past few years as well as enhance the current growth rate

11 states, UTs didn't distribute foodgrains in July under PMGKAY: Paswan

As a result, free foodgrains have been able to reach only about 62 per cent of the total 810 million beneficiaries during last month through ration shops, Paswan said

Chopper regulations restrictive, govt looking to ease norms: Aviation secy

In order to boost helicopter operations in India, the first sector that the Civil Aviation Ministry is focusing on is creating a network of heliports, the secretary said

Modi govt committed to holistic development of weavers: Amit Shah

In a series of tweets, Shah said Prime Minister Narendra Modi's mantra of 'vocal for local' will surely boost the morale of the handloom sector

Planning to create micro lending body for women, small businesses: Gadkari

Gadkari said the government is mulling over the idea where the finance of up to Rs 10 lakh can be availed by women entrepreneurs within three days