Page 1768 - Economy & Policy News

Indian industry welcomes UK govt's post-Brexit immigration regime

The ongoing Brexit transition period concludes at the end of December this year, when the UK will no longer be part of the European Union (EU) free movement of people rules

Why Modi govt's plan to help small businesses has done little to save them

Businesses from textiles to sports goods and furniture are shuttered or working at a bare minimum, and cows roam streets that would be normally packed with workers and vehicles

Gadkari to lay foundation stones for Rs 20,000-cr projects in Haryana

The projects for laying foundation stone include 227 km 6-lane access controlled Greenfield expressway from Ismailpur to Narnaul on NH 152D in 8 packages costing Rs 8,650 crore

Nabard to give banks refinance of Rs 5,000 cr to support watershed projects

These projects cover 2.3 million hectares of rainfed area, watershed and tribal development project areas

Railways sets target of becoming net zero carbon emitter by 2030

Besides, Indian Railways is trying to produce power from land-based solar installations for running trains

Trouble for poultry, dairy as lockdown keeps mid-day meal off the table

Although eggs are served in the southern and some eastern states under MDM, milk is a staple diet in the majority of states running the flagship scheme

DPIIT to approach govt for 74% FDI in defence through auto route: Report

As per the current FDI policy, 100 per cent overseas investments are permitted in the defence industry -- 49 per cent under the automatic route, while beyond that the government approval is required

Google bets on India's digital future, to invest Rs 75,000 cr in 5-7 yrs

Google and Alphabet CEO, Sundar Pichai announces $ 10 billion Google for India Digitization Fund

Respite for pandemic-bruised automakers: Tractor, two-wheeler sales rebound

Pent-up demand, rural focus of these segments aid sales recovery

Internet speed to power generation: What weekly data says about economy

Google's mobility report shows transit stations may be seeing a change in trend, according to weekly indicators

Vistara announces set of safe-flying measures amid Covid-19 pandemic

The airline has urged the customers to follow the set of measures for safe-flying and remain careful, observant, distanced and empathetic, whenever they fly

Google CEO Sundar Pichai has a virtual meeting with PM Modi

The talks mainly focused on attracting FDI into India and the role of technology giants in turning around the economy

Economic recovery to gather pace in H2-2020; stay negative on India: Nomura

While collectively, emerging market economies have entered their deepest recession in at least 60 years, Asia - particularly China and Northeast Asia - stand out as the best, Nomura says

Business, labour groups urge G20 to expand debt freeze for poorer countries

Top global finance officials last week said debt restructuring may be needed on a country-by-country basis to help heavily indebted countries hit hard by the outbreak

Digital strike: US may take trade action against India for Google tax

India imposed the tax in 2016 on all overseas e-commerce transactions originating in India at an additional 2%.

Banks, post offices can now find out TDS on large cash withdrawals

The department has facilitated a new functionality for banks and post offices through which they can ascertain the TDS applicability rates

PMO, FinMin to discuss revenue position and ways to augment receipts

It is learnt that Chief Economic Advisor Krishnamurthy Subramanian will give a presentation to PMO officials

2.5 mn got piped-water connections during Covid: Gajendra Singh Shekhawat

In a Q&A, Jal Shakti Minister says he is confident the pandemic will not delay the targets under the Har Ghar Jal initiative or lead to any fund crunch

CBIC extends deadline for re-import of cut, polished diamonds by 3 months

The re-import in the extended period would be without payment of basic customs duty and integrated goods and services tax

Govt's ambitious call: Making electronics sector worth $400 bn by 2025

The first of a two-part series analyses the feasibility of goals set for electronics manufacturing