Page 1801 - Economy & Policy News

Indian steel firms race to plug demand gap in China amid Covid-19 crisis

Though the exact figure for semi-finished exports to China is not known, steel producers say a bulk would have gone to China.

Govt extends validity of e-way CGST bills till June-end amid Covid outbreak

CBIC had in April extended the validity of e-way bills generated on or before March 24 and having expiry between March 20 and April 15 till April 30

Frame policy for employment of migrants in home states, suggests SBI report

The CDRs could give a clear idea of out-migration intensity into districts in states that exhibit a high level of migrant labour movements, the report said

HDFC to host month-long online property show featuring 150 projects

More than 75 developers from NCR to showcase theire projects starting Wednesday; Mumbai next on cards

Govt starts skill mapping to help workers get opportunities closer home

The skill mapping exercise shall become the basis of the Centre's intervention in districts through training and recognition of prior learning in order to re-skill and up-skill workers

S&P retains India's sovereign rating at 'BBB-'; keeps outlook stable

S&P has forecast India's economy to shrink by 5 per cent this fiscal

Covid-19 impact: Bharatmala may be delayed by four years, says ICRA

Depending on how quickly normalcy is restored, these plans could take off by end of FY2021. Therefore, 2020 is likely to be another year of muted awards

Finance Ministry releases Rs 6,195 cr revenue deficit grant to 14 states

The grant released includes Rs 1,276.91 crore to Kerala, Rs 638 crore to Punjab, and Rs 417.75 crore to West Bengal

GDP: The devil is in the revisions

Six iterations of annual data over a three-year period raise serious questions about the reliability of national income data as a basis for sound policymaking

India Inc woos labourers with healthcare, hostels to get them back at work

Companies to offer better hostel, health, insurance facilities for migrant workers

UP extends deadline for deal with Swiss Co to develop Noida Int'l airport

The decision was taken due to lockdown-induced suspension of international flights

Conflicting rulings at state level fuel call for setting up centralised AAR

Centralised AAR was, in fact, already approved by GST Council and Cabinet over a year ago

India inflation likely to have moderated to a six-month low in May: Poll

The June 4-9 poll of 35 economists showed that the consumer price index (CPI) was forecast to rise to 5.50% in May compared with a year ago

Liquor becomes cheaper in Delhi as govt scraps 70% Special Corona Fee

However, the government has hiked the Value Added Tax (VAT) to 25 per cent on all categories of liquor with effect from June 10

Apparel Export Promotion Council plans to sell masks & PPEs through Amazon

AEPC chairman says there is a huge market for masks across the world and all the fashion brands have started asking for it

Economic indicators show pick-up as govt eases Covid-19 lockdown curbs

While freight traffic has gone up, the Google location data shows more people are stepping out of their homes

Internet speed to traffic data: What weekly indicators say about economy

Freight traffic has gone up; Google location data shows more people are stepping out of their homes.

CSR biggies cross Rs 7,500 cr in Covid-19 spend: Crisil Foundation report

Around 57 per cent of the amount - which can be classified under the head CSR - went to the PM CARES Fund

40 coal blocks likely to be on offer in a fortnight as govt eases rules

Ministry plans investor meets, road shows to attract investment through eased rules

Worst year for aviation, global airlines to lose $84 bn in 2020: IATA

A sharp fall in demand and revenue has forced airlines to slash costs and governments are stepping in to infuse funds and keep airlines afloat