Page 1775 - Economy & Policy News

Self-reliance in full flight: Govt's drone incubation fund set to take off

To promote indigenous manufacturing for agriculture, health care, and infrastructure

Brakes on spending: Consumers begin value hunting in FMCG, automobiles

The emphasis, as most FMCG chief executive officers admit, is on essentials and away from discretionary categories

Raw materials continue to dominate India's top exports to China

Tough talk on Chinese goods in FY20 leads to lower imports, narrowing trade gap

Extension of moratorium till Dec is the only viable option left: Bankers

Affected individuals and companies will again avail it, albeit a little less in number than the first version that ran between March to May

Space policy, Space Activities Bill in final stages: ISRO chairman

A dedicated policy for space and legislation on space activities has been under works for some time now. But with the government allowing the private sector, these have now got traction

Maruti Suzuki chairman R C Bhargava pens book on industrialising India

According to the author, it is necessary to build trust with the political system, governments, bureaucracy, judiciary and industrial leaders

Covid-19: UP reports massive dip in revenues in first quarter of 2020-21

However, green shoots began to appear in the latter half of the quarter with the staggered lifting of lockdown in non-containment zones

Former RBI governor Urjit Patel pens book on dealing with NPA issue

Patel's book description says that sovereigns do not need to earn or save before spending money. They can either print or borrow.

Rs 12.4 trn-e-way bills generated in Jun; 77% of pre-lockdown level reached

GST collection in June rises to Rs 90,917 crore from Rs 62,009 crore in May and Rs 32,294 crore in April

Power demand falls to 2.6% in July; experts hope normal levels by August

According to power ministry data, peak power demand met was recorded at 170.54 GW on July 2, which is just 2.61 per cent lower than 175.12 GW in July 2019

E-way bill generation showing green shoots of economic recovery: GSTN

Network says June 30, the last day of Unlock 1.0, ended with generation of 1.83 million E-way bills worth over Rs 54,500 crore, which is the highest since lockdown was enforced

Govt approves Rs 574 crore annual plan for national highway works in J&K

An annual plan included construction of 3.23 km three fly-overs in Srinagar on NH-44 (Jammu-Srinagar highway) at Bemina, Sanatnagar and Nowgam with Rs 220.68 crore

Bengal's 6.5% jobless rate in June 'far better' than that of India: Mamata

This is an outcome of the economic strategy adopted by the state government to tackle the Covid-19 crisis and the devastation caused by cyclone Amphan, Banerjee said

RERA to approach RBI for one-time debt recast to overcome liquidity crisis

CREDAI and Naredco have been demanding one time restructuring of developers outstanding loans with financial institutions to prevent bad loans and making them eligible for fresh borrowings

Chinese app ban: PM urges start-ups to create 'Atmanirbhar' App ecosystem

He said the app innovation challenge is for those who have such a working product or if they feel they have the vision and expertise to create such products

Chambal Expressway to be game changer for MP, UP, Rajasthan: Gadkari

The project will also provide cross-connectivity with the Golden Quadrilateral's Delhi-Kolkata corridor, North-South Corridor, East-West Corridor and Delhi-Mumbai -Expressway

WB's unemployment rate at 6.5% in June 'far better' than India's: Mamata

She said this is due to the economic strategy adopted by her government to tackle the Covid-19 crisis

Railtel gives a fillip to Railways' digital drive amid Covid-19 pandemic

While the initiative of e-office got a push in the last three months, the usage of the commercial bandwidth of Railtel increased 1.5 times and retail bandwidth by 2.25 times during this period.

No job cuts but profiles of employees may change, says Railways

In an online briefing, Director General (HR) Railway Board, Anand S Khati said the Railways will be "rightsizing and not downsizing".

Irdai examining surety bonds for road contracts amid Covid-19 crisis

Now, the Insurance Regulatory and Development Authority of India (Irdai) has set up a nine-member working group to study the legal framework and suitability of the Indian insurance industry