Page 1745 - Economy & Policy News

Economy on recovery path, piggy-riding rural rebound: Deepak Parekh

Advising people not to get too perturbed with the forecasts of negative growth, he said the economy will recover for sure assuming that there are no further lengthy and complete lockdowns in future

Special force for security of industrial and financial units in UP

Since no financial allocation was made for the force in the 2020-21 annual budget, state govt will make provision for it in supplementary budget, which will be tabled in monsoon session of UP assembly

Counterfeiting up 24% in 2019, burnt a Rs 1-trn hole in economy: Report

The report also said counterfeiters are having a free-run due to the pandemic-driven disruptions to organised supply chains and the resultant spike in consumer demand

RBI is ahead of the curve; govt and bureaucracy behind: Viral Acharya

In an interview with Tamal Bandyopadhyay, Acharya says why some weak public sector banks should be "re-privatised" and foreign banks should be allowed a larger play

Fully digital single-window clearance for businesses soon: Piyush Goyal

Production-linked incentives for 12 sectors like APIs and electronics soon

Trying for solution on MEIS; in dialogue with requisite authorities: Goyal

Under merchandise export from India scheme, the government provides duty benefits depending on product and country

India's FMCG sector to see flat growth in 2020 due to Covid-19: Nielsen

Though the FMCG industry has shown some sign of improvements in June, but in the first half of the year the industry growth slipped to negative with 6% decline

Centre not obliged to pay for shortfall in GST compensation fund: AG

The Attorney General in his view said there is no obligation on the central government to pay the GST compensation shortfall

AIIB to step up lending in India; plans to approve loans worth $3 billion

India is the largest borrower, which accounts for 25% of the total lending by AIIB so far

Industrial, warehousing sector witnessed $3.7 bn investment since 2017

To capitalize on the growth potential of the reorganized segment, the sector has attracted significant investor interest

Unlock 3: Night curfew ends, no schools till August 31, gyms can reopen

The government ignored demands by cinema hall owners for reopening. Theatres, bars, and places of congregation will also remain shut

'Not clear at all': Google tax sends foreign firms looking for answers

There are other unanswered questions such as are foreign banks with users in India liable to pay the tax, called equalisation levy, for charges levied on online transactions?

Solar power counts the price for bidding cheap in race for projects

Even as companies are stretching themselves for funds, calling for a clarity in government policy, Shreya Jai explains the problems pulling down solar power

Education policy 2020: Foreign colleges can now set up campuses in India

Allowing the top 200 foreign universities to operate in India could raise the standards of their Indian counterparts, many believe

Rafales are here: PM Narendra Modi says no virtue like protecting country

Congress raised questions over their price and "delay" in acquisition

Consumer protection gets another boost with online players under its ambit

The new Act will introduce product-liability legislation and regulate online players more stringently

Amul widens the brand pitch amid lockdown as it looks to reinvent itself

With a slew of new product launches and brand extensions through the lockdown, the dairy major looks to reinvent the brand

ICT tariff case: WTO accepts Chinese Taipei, Japan requests against India

According to the trade dispute norms of WTO, if a request comes for the second time, the panel is formed

India has more scope for policy support despite limited fiscal space: IMF

Says the country's measures are tilted towards 'below-the-line' support such as food subsidy and other measures, rather than direct fiscal spending

Flexible degree courses, multiple exit options among others reforms in NEP

Elaborating on the reforms, HRD Secretary Amit Khare said at a press briefing the policy aims to increase the Gross Enrolment Ratio in higher education