Page 1746 - Economy & Policy News

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

Govt stands behind financial sector for India's growth, says PM Modi

Banks, NBFCs give lowdown on credit flow to PM; present ideas on financial inclusion, housing finance

Govt extends deadline for filing income tax returns for FY19 till Sept 30

This is the third extension given by the government for taxpayers to file both original and revised tax returns for 2018-19 financial year

Govt should revisit proposed social security code, says labour panel

The panel is set to ask the government to specifically mention the source of the social security fund it has proposed for workers in the unorganised sector

Par panel may submit final report on Code on Social Security on Friday

The panel adopted its draft report in a meeting held on Wednesday, a member of the panel said on the condition of anonymity.

AI expected to boost India's annual growth by 1.3%, says NITI report

The draft paper titled 'Towards Responsible#AIForAll' saidthere is a potential of large scale adoption of AI in a variety of social sectors.

Bio-toilets, Venturi system installed in all East Coast Railway coaches

Bio-toilets convert human waste into water and bio-gasses

Will the country finally have an integrated tax surveillance system?

Valuable leads on under-payment of tax have often slipped between CBDT and CBEC, who have been more eager to protect their respective turfs

Subsidised credit-enhancement bond facility for renewable energy proposed

To ward off defaults, it could be a fully-funded facility with a facility manager, under guidance of board of trustees; will pay off bond investors if issuer can't service coupon and repay principal

Top headlines: Maruti Suzuki Q1 results, loans under moratorium and more

Here are the top headlines of the day

UP to host virtual exhibitions by exporters to beat Covid-19 slump

State will also provide financial aid to exporting firms

Wholesale-retail inflation gap in perishables highest during lockdown

Divergence seen narrowing in June as lockdown restrictions are eased

Finance, transmission may trip India in race to meet renewables targets

India currently has 87.67 GW of renewable generation capacity installed, close to a quarter of its total installed capacity of 371 GW

Guj, UK India Business Council sign MoU to improve industrial development

The UK India Business Council signed a MoU with Industrial Extension Bureau (iNDEXTb), Industries and Mines Department, the premier agency focused on accelerating industrial development in the state.

India's business outlook worsening, RBI may cut rates again: Reuters poll

Economy likely to contract this quarter and next and in this fiscal year as a whole, according to poll of 60 economists.

No licence needed for sale and stocking of hand sanitisers, says govt

According to the govt notification, several representations were made to the government requesting them to exempt hand sanitizers from the requirement of sale licence under the Drugs and Cosmetics Act

MoD invites suggestions, comments on 'Defence Acquisition Procedure 2020'

The second draft of the Defence Procurement Procedure, titled as 'Defence Acquisition Procedure 2020', has been uploaded by the MoD inviting suggestions and comments from the various stakeholders

Govt allows export of 5 mn Covid-19 PPE coveralls, 2 mn goggles per month

All other items that are part of PPE kits remain prohibited