Page 1729 - Economy & Policy News

RBI's silence on bond purchases may have left traders disenchanted

The RBI held the repurchase rate at 4 per cent, as it chose to wait for inflation to cool before adding to steps aimed at supporting a fragile economy

RBI's move to allow loan restructuring will support retail industry: RAI

The Retailers Association of India said the Reserve Bank of India's (RBI) move to permit a one-time restructuring of loans will support the retail industry

Easy liquidity led to faster money transmission, helped private sector: RBI

The RBI since February 2019 has slashed the benchmark lending rate by 250 basis points (bps). Of this, 115 bps cut has taken place this year

Railways to start first 'Kisan Rail' from Devlali to Danapur on Friday

The train will provide a seamless supply chain of perishable produce. This train is a step towards realising the goal of doubling farmers' incomes by 2022

Domestic road transport sector likely to contract by 18-20% in FY21: Icra

40-day nationwide lockdown aggravated the prevailing softness in the Indian economic activity

The education goalpost is in sight, the trouble is with the strikers

Despite some serious hand-holding, getting the ball into the goalpost in phase two of NITI Aayog's ambitious SATH-E project is easier said than done

RBI holds rates amid rising inflation: Key announcements and takeaways

Here are 10 key takeaways from the RBI governor's presser

India must look beyond what rating agencies think, says Raghuram Rajan

RBI needs to focus on whether credit is reaching the stressed areas of the economy and also if the viable firms were able to access credit and not the unviable ones, he says

Telangana clears draft policy giving preference to locals for employment

The state Cabinet approved the draft policy under which the majority share of employment would be given to the local residents in industries that are established in Telangana

Indian hotel industries' Revenue Per Available Room down 43.5% in 2020: JLL

Mumbai continues to be the RevPAR leader in absolute terms, despite the decline of RevPAR by 81 per cent in Q2 2020 compared to Q2 2019

Financial sector firms hit market to prepare for post-Covid world

Most private banks and non-banking firms are able to raise money on the strength of their profile

DGFT undergoing an overhaul to boost trade post-Covid pandemic

Exporters have for long been demanding that the DGFT portal be made more comprehensive and its online services more interactive and customer-focused

Gujarat emerges as most tax-compliant state in AY19, Bihar least compliant

Among large states, the lowest rate of filing was seen in Bihar at 5 per cent, followed by UP at 8.11 per cent - much below the national average of 12 per cent

DoT willing to give 5 MHz from premium band to Railways, but for a price

Dept wants Railways to use the airwaves for non-commercial purpose and meet its remaining needs through the delicensed spectrum

Covid-19 impact: Services PMI rises but fails to break out of contraction

Downturn grips sector as job loss, low export orders and poor domestic demand distress companies

Malls in Mumbai resume operations after four months; rains hinder footfall

Even as torrential rains lashed the city, the malls in Mumbai witnessed 15-20 per cent footfall on Wednesday, on opening after a gap of over four months.

Ratle hydroelectric power project to be revived soon: Jitendra Singh

The 850-MW Ratle hydroelectric power project in Jammu and Kashmir, work on which was stalled for the past six years, will be revived soon, Union minister Jitendra Singh said on Wednesday.

Women likely to be harder hit than men by trade disruptions: WTO report

Women are likely to be harder hit than men by trade disruptions caused by the Covid-19 pandemic and the dangers are particularly acute in developing countries

Fast-moving story slides into the slow lane but Britannia bucks the trend

Most players struggle to get back on course, but Britannia emerges stronger

Centre says up to 75 cr beneficiaries got free grains under PMGKAY

Union Food Ministry on Wednesday said free foodgrains under PMGKAY were distributed via ration shops to up to 75 crore beneficiaries during April-June period.