Page 1766 - Economy & Policy News

UP asks for Rs 20,940 cr loan to help discoms, more states in queue

Loan requirements under Atmanirbhar scheme to help state-owned discoms crosses Rs 98,000 cr

Centre okays Rs 107 cr for firefighting facilities at Haldia Dock Complex

The Ministry of Shipping on Tuesday approved Rs 107 crore for augmentation of firefighting facilities on five jetties of Haldia Dock Complex, Kolkata Port

China has its work cut out: India to be world's largest employer in 2100

Population to decline from a peak in 2048 to a 32% lower level by 2100: The Lancet

Apparel retailers to post operating losses in Q1FY21 as revenues plunge 80%

Cost cutting efforts unlikely to offset sharp revenue fall

Foot-operated taps & ionised AC air: Railways preps for travel post-Covid

The features, detailed in a booklet circulated by the Railways, include a host of foot-operated fixtures such as taps, soap dispensers, lavatory doors, flush valves and door latches.

Save MSMEs from closure to protect country's industrial capital: economists

If small units shut down, it will lead to more imports and eventually inflation for years to come, they said at a webinar on Tuesday

Commercial coal mine auction during Covid-19 a dampener: Investors

Close to 80 queries have been submitted to the coal ministry on the MSTC e-auction platform

July data indicates consumption may be stagnating amid Covid-19 crisis

Analysts have cut earnings estimates more sharply for consumption-oriented companies, even as many other indicators show signs of stagnation.

India has to engage with both foreign tech and indigenous: Piyush Goyal

The electronics manufacturing industry has pushed for more coverage of incentives and higher tariffs on foreign goods

Covid-19: Alcohol-based hand sanitizers to attract 18% GST, rules AAR

Springfields (India) Distilleries had moved Goa AAR over classification of the hand sanitizer and the applicable rate of GST.

India, EU agree on civil nuclear pact, to unveil roadmap for boosting ties

The EU officials said an announcement on firming up of the civil nuclear cooperation agreement will be made during the summit on Wednesday

At EU meet, PM Narendra Modi to pitch for 'early harvest' agreement

Will convey India's position that key differences on trade, investment can be solved earlier

WPI falls for straight third month in June, but food inflation rises

Food inflation in WPI rose to 2.04 per cent in June from 1.13 per cent due to disruptions caused by rains

Raghuram Rajan warns against 'unprecedented' rise in NPA levels in 6 months

Rajan cautioned that one should not mistake pent up consumption for normal consumption.

India needs to leverage performance of farm sector to push growth: Subbarao

Echoing a similar view Raghuram Rajan, Subbarao's successor at the RBI, said one positive factor for the Indian economy is that the agriculture sector is doing well

Tamil Nadu govt clears projects worth Rs 2,500 cr, to create 4,000 jobs

According to sources, the proposed projects include Rs 500 crore from ITC for its proposed expansion in Coimbatore.

Financing the food chain: Challenges to ensure India remains hunger-free

The govt will face unprecedented budgetary challenges to ensure India remains hunger-free

Real estate players seek more sops from govt to tide over Covid-19 crisis

Among other aspects, they are pushing to extend the definition of "affordable housing" to homes costing up to Rs 75 lakh as against a maximum of Rs 45 lakh right now

Fresh investments in auto sector unlikely; long, dark period ahead: Siam

Wadhera said job losses in the auto sector cannot be ruled out

Govt-appointed experts' panel suggests regulating data, checking monopolies

The government has invited feedback from public on the report submitted by the committee to fine-tune the suggestions of the panel for non-personal data governance