Page 1742 - Economy & Policy News

Need to divest stakes in PSBs in graceful manner, says Viral Acharya

Acharya said that because the RBI does not distinguish in its rules between public and private sector banks it is forced to adopt weaker standards for the system as a whole

India's kharif rice sowing up 19% so far on account of good rains

Among cash crops, cotton planting has risen by 11.29 per cent to 121.25 lakh hectares so far in the current kharif season

Parliamentary panel submits final report on Social Security Code

The Parliamentary Standing Committee on Labour on Friday submitted to the Lok Sabha speaker its final report on the Code on Social Security

Sebi extends deadline for new margin collection norms by a month

Penalty provision for short-collection, non-collection of upfront margins in cash segment will be implemented effective Sept 1, says regulator

Colour TV import restrictions should apply to future goods: ICEA

After the government targeted China with a new import restrictions on electronics ICEA demanded that these import restrictions should only apply for future imports after clearance of goods in transits

Housing minister launches digital platforms to market residential property

Housing Minister launched digital platforms of real estate bodies CREDAI and NAREDCO to market residential properties, besides releasing a guide book for affordable rental housing scheme for migrants

Biz with turnover above Rs 500 cr to raise e-invoice for B2B transactions

The Central Board of Indirect Taxes and Customs (CBIC) has notified the revised format for e-invoice under GST by replacing existing form and also increased the turnover threshold

RBI likely to cut repo rate by 0.25% at next week's review: Crisil

The RBI has already cut rates by 1.15 per cent in two moves since the onset of the Covid-19 pandemic in March

Mines auction: Centre accepts Chhattisgarh request, to change 5 coal blocks

Coal Minister Pralhad Joshi on Friday said the Centre has accepted the suggestion of the Chhattisgarh government to change five mines in the state put up for commercial coal auctions with three other

Telecom Secretary Anshu Prakash asks industry to boost rural connectivity

Telecom services have grown in leaps and bounds becoming "a basic requirement in list of essentials" but the path ahead is fraught with "challenges" for the industry

Hosiery exporters seek extension of loan moratorium by 6 months up to March

Exporters said the financial position of the knitwear garment units in Tirupur has not improved and they were not in a position to repay the loan and interest

'Atmanirbhar' not inward looking, to make India a supply chain hub: MEA

Chhabra said India has proved that it is the pharmacy of the world as drugs were supplied to 125 countries for battling the Covid-19 crisis

In Make in India boost, Realme begins entire TV production in Greater Noida

Smart TVs, like the company's phones, will be 100 per cent locally manufactured in India: CEO

Retail inflation for industrial workers marginally eases to 5.06% in June

Food inflation stood at 5.49 per cent in June 2020 as against 5.88 per cent in the previous month and 5.47 per cent during the corresponding month a year ago

Eight core industries output down 4th month in a row, shrinks 15% in June

The eight core sectors had expanded by 1.2 per cent in June 2019, govt data showed

Govt to spend Rs 11.85 cr for funding 112 agri start-ups this year: Tomar

The funds will be released in instalments and the selected start-ups have been trained for two months at 29 agribusiness incubation centres spread across India

Javadekar calls for sharing best practices among BRICS nations for SDGs

Union Environment Minister Prakash Javadekar said that the aspirations of BRICS countries are similar and called for sharing of best practices among the nations towards the attainment of goals

RBI likely to leave repo rate unchanged in August policy meet: Report

The Monetary Policy Committee (MPC), headed by the RBI Governor, is scheduled to meet for three days beginning August 4 and will announce its decision on August 6

Restaurants to retailers: Who gains, who loses as India starts Unlock 3.0

While restaurateurs and gym owners are enthusiastic, retailers expect little respite

'Fair go': Australia to make Facebook, Google pay for news in world first

Google protests, says the regulation ignores 'billions of clicks' that it sends to Australian news publishers each year