Page 1797 - Economy & Policy News

A novel solution for struggling real estate sector in Covid-19 times

Before Covid-19, the sector was grappling with multiple headwinds of customer reluctance, inventory overhang and half-baked projects across the country

Migrant workers' wait to get home ends, their fight for survival does not

Over 122 million people in India lost their jobs in April, according to estimates of the Centre for Monitoring Indian Economy

Gadkari bats to exclude bio-stimulant industry from strict license norms

Industry divided over move to include it under Fertilizer Control Order, with some wanting fewer clearances, others, no control at all

Undoing of social progress: Covid-19 is intensifying fault lines in society

The pandemic is bringing back caste biases and reversing the gains in girl child education, writes Kavita Chowdhury

EAC-PM member Ashima Goyal calls for MNREGA-like scheme for urban poor

Clarifies views are her own and not those of Advisory Council, as she also calls for greater spending on primary health

Shiromani Akali Dal won't be mute spectator to MSP tinkering: Sukhbir Badal

The Shiromani Akali Dal chief, however, added that he did not see any threat to the present MSP regime at this stage

Not in favour of reduction in minimum support price for crops: Gadkari

In an official statement, the minister went on to assert that he himself was present when increase in minimum support price was announced, hence there was no question of him standing for MSP reduction

UP loosens Covid Care Fund purse strings for cash support to migrants

CM Adityanath transfers money to accounts of 1.05 million migrant families

PSB loan disbursal picks up pace, rises to over Rs 29k cr: Finance Ministry

According to finance ministry data, loans have been disbursed to 3,75,087 accounts under ECLGS

Global oil prices fell, govt hurting common man with high fuel taxes: Cong

Instead of passing the benefit of lower crude prices to consumers, petrol and diesel prices were hiked for the seventh straight day on June 13, said Kapil Sibal

No fee for late filing of GST returns for entities with nil liability: FM

Briefing reporters after GST Council meeting, she said the late fee for non-filing of monthly sales return for others has been reduced to a maximum of Rs 500 for July 2017 to January 2020 period

Govt rejects online survey claiming 80% working Indians had income loss

"It is an online survey with a sample set of only 599. A sample of only 599 people surveyed online is no way representative of the entire country," the government said

Robot 'Captain Arjun' to screen passengers while boarding trains: Railways

Captain Arjun is equipped with a motion sensor, one PTZ camera (Pan, Tilt, Zoom Camera), and one Dome Camera

Encourage cycles, cashless payments to curb Covid-19, Centre advises states

In order to avoid resurgence of car and other private vehicle usage, the ministry has recommended using non-motorised transport in urban areas

Covid-19 relief: GST Council eases compliance for small businesses

Compensation cess issue to be discussed in July meeting, Correction of inverted duty structure for textiles deferred

Industrial output goes missing in April as IIP sees record fall of 55.5%

IIP had already shrunk by a record 16.7% in March which saw seven days of lockdown

Standard covid product to be benefit-based cover under revised IRDAI rules

The minimum sum assured for the product will be Rs 50,000 and it can go upto a maximum of Rs 5 lakh

Central govt caps tariff at public charging stations for electric vehicles

The new amendment has capped the 'per unit cost' of electricity to be used for charging an EV at a public station

Govt urges use of bicycles, EVs to mitigate risk posed by public transport

Several studies have suggested that with health anxiety, commuters would opt for private vehicles. This would add to pollution, congestion and adversely impact road safety

Moratorium on loans: SC gives 3 days to FinMin, RBI to decide on interest

On March 27, the RBI had announced a three-month moratorium on all term loans in view of the Covid-induced lockdown and related disruptions.