Page 1778 - Economy & Policy News

Tamil Nadu CM invites global e-commerce firms to invest in state

Tamil Nadu has constituted a Special Investment Task Force to attract investments under the leadership of chief secretary K Shanmugham

Chinese imports, UDAY scheme on agenda of power ministers' meet on July 3

"We have reports that malware and Trojan horse can be installed which can be activated remotely to bring down the power sector and the economy," R K Singh said

Govt itself weakening 'atmanirbhar' campaign: RSS affiliate on MSME plan

'Govt's recent notification on the MSME sector will enable large corporates and MNCs take indirect control of the manufacturing sector in India through their subsidiaries'

Look beyond metros, set up new industries in Tier-II, III cities: Gadkari

Gadkari also said that Indian origin companies vying for global success is the way forward towards fulfilling PM's dream of Atma Nirbhar Bharat

Rates for construction finance rise; LRD down as banks turn averse to lend

Construction finance rates have risen to 12.9 per cent in Q1 of the calender year 2020 from 11.9 per cent last year

Slowdown: Chhattisgarh bucks trend with rise in GST receipts, vehicle sales

State govt credits revival to putting more money in people's pockets

Will today's economic scratch leave a scar?

Attention is turning to India's post-pandemic potential growth, which could fall to a two-decade low

Govt decision to import key food items raises several questions on timing

These decisions have also have been criticised for the likely negative impact on farmers, who are facing hard times due to the lockdown and subsequent fall in demand

India needs FDI worth Rs 50-60 trn to boost Covid-19 hit economy: Gadkari

Economic activities have been significantly disrupted in the wake of the pandemic and subsequent lockdowns that were in place to curb spreading of infections

A tentative recovery

Data suggests that the economy is bottoming out

Digital payments rebound in June after blip in April transactions

Overall transaction values reach pre-Covid levels

Liquidity and asset quality risks for Indian NBFI to continue, says Fitch

Risks due to impact of coronavirus pandemic on borrowers' repayment capabilities and the effects of the moratorium on collections, says ratings agency

Indian Railways to upgrade speed of trains at 130 km/hr on two long routes

It is worth noting that the speed of Rajdhani and Shatabdi Express trains has been increased on many routes

Tranformational tax reform

GST has achieved a lot in three years, but there is an unfinished agenda

Emerging market FX pickup exposed to reversal after new virus surge: Report

The real, the rouble and the rupee are on the spot as infections of Covid-19, the illness caused by the virus, pile up in Brazil, Russia and India

India's fuel sales in June at 88% of pre-Covid levels, says govt

At 11.8 million tonnes of consumption, fuel demand in June was 88 per cent of 13.4 million tonnes consumption in June 2019.

Car makers rejig product portfolios as diesel, petrol prices near parity

Car manufacturers are rejigging their product portfolios as diesel and petrol prices near parity

Non-subsidised LPG price hiked marginally in metros, jet fuel up by 7.5%

Simultaneously, non-subsidised cooking gas LPG rates were increased by Re 1 to Rs 594 per 14.2-kg cylinder in the national capital

Govt committed to reforms, make tax structure simple: FM on GST day

The finance minister asked taxmen to make life easier for MSMEs, particularly on GST front

Customs told to clear all Chinese shipments with entry bills till June 30

"The rationale for the June 30 midnight deadline is not very clear," said a government official.