Page 1809 - Economy & Policy News
Here's how the first day of resumption of domestic flights panned out
Delhi airport had as many as 80 flight cancellations, infuriating passengers. It would interest you to know that Delhi airport was supposed to handle around 380 domestic flights today
 "Here's how the first day of resumption of domestic flights panned out")
UP maps migrant skills, aims to clones textile story of Vietnam, Bangladesh
Over 12,000 workers found to be trained in garment making and tailoring so far; more than 2.3 million have returned to UP from different states
 "UP maps migrant skills, aims to clones textile story of Vietnam, Bangladesh")
Realtors body Credai write to PM seeking more funding, loan restructuring
The govt has already extended project completion and registration by six months and extended credit-linked subsidy scheme by a year
 "Realtors body Credai write to PM seeking more funding, loan restructuring")
Army fatigue makers, textile companies, condom firms turn PPE suppliers
The rise in infections in India and across the world has come as a boon for many textile businesses
 "Army fatigue makers, textile companies, condom firms turn PPE suppliers")
Lockdown hinders construction of road to Chhattisgarh's Maoist hot spot
Security forces had taken up the 35-km road project on a war footing, at least three CRPF camps had been set up on the stretch to create a security blanket for workers engaged in its construction
 "Lockdown hinders construction of road to Chhattisgarh's Maoist hot spot")
SC allows AI to run int'l flights with middle seats filled for 10 days
The top court said that after June 6, Air India will operate its non-scheduled flights in accordance with the interim order to be passed by the Bombay High Court
 "SC allows AI to run int'l flights with middle seats filled for 10 days")
Flight resumption paves way for Parliamentary committee meetings in June
Monsoon session of Parliament likely to be on schedule, though social distancing challenges remain
 "Flight resumption paves way for Parliamentary committee meetings in June")
Weekly economic indicators show more signs of life as economy trudges back
Business Standard tracks weekly economic indicators as a means of better understanding how the economy is doing in the lockdown
 "Weekly economic indicators show more signs of life as economy trudges back")
Suzuki Motor resumes production at Gujarat plant after two months
SMG had suspended production at the Hansalpur (Gujarat) plant on March 23 to check the spread of coronavirus
 "Suzuki Motor resumes production at Gujarat plant after two months")
Delhi govt asks departments not to issue global tenders up to Rs 200 cr
In an order, the Delhi Finance Department forwarded the Central government's amendment for "information and necessary action"
 "Delhi govt asks departments not to issue global tenders up to Rs 200 cr")
Notifying only 41 Shramik trains for Maharashtra for now: Piyush Goyal
The minister said that the Maharashtra government has provided a received list of only 46 trains, out of which five are to West Bengal and Odisha
 "Notifying only 41 Shramik trains for Maharashtra for now: Piyush Goyal")
Top 10 biz headlines: Slowdown blues, coronavirus lockdown impact, and more
Here are the top 10 headlines on Monday morning
 "Top 10 biz headlines: Slowdown blues, coronavirus lockdown impact, and more")
Bank of Maharashtra sanctioned Rs 2,789 cr in loans to MSMEs in 3 months
The bank said it was now gearing up to extend the stimulus package announced by Finance Minister Nirmala Sitharaman to restart business activities
 "Bank of Maharashtra sanctioned Rs 2,789 cr in loans to MSMEs in 3 months")
NITI Aayog vice-chairman says introvert policies may be damaging India
Recently, PM Modi had appealed to people of being 'vocal about local' manufactured products, and Kumar's observations on 'introvert policies' run contrary to that
 "NITI Aayog vice-chairman says introvert policies may be damaging India")
Contrary to govt's claims, direct tax refunds down 67% till May 21
Expediting refunds of up to Rs 5 lakh was announced as part of the government's policy initiative to fight the economic impact of Covid
 "Contrary to govt's claims, direct tax refunds down 67% till May 21")
Coronavirus outbreak: Few takers for free LPG cylinders in lockdown
Assuming that each of these 68 million cylinders has gone against one connection, the lockdown relief from the government could not reach 12.3 million families with Ujjwala connections
 "Coronavirus outbreak: Few takers for free LPG cylinders in lockdown")
Covid-19 crisis: Only 46% women with Jan Dhan accounts withdrew money
The slow pace of withdrawals confirms what Reserve Bank of India Governor Shaktikanta Das stated in his monetary policy statement on Friday: 'Private consumption has suffered a precipitous decline'
 "Covid-19 crisis: Only 46% women with Jan Dhan accounts withdrew money")
It's back to business for industry, but not quite 'business as usual' yet
From high-end cars and mobiles to steel and cement, demand is rising
 "It's back to business for industry, but not quite 'business as usual' yet")
Slowdown blues: RBI rate cuts not effective anymore, say analysts
Analysts want RBI to look at 'unconventional' monetary policy measures for a revival nudge
 "Slowdown blues: RBI rate cuts not effective anymore, say analysts")
Migrants' return can help Uttarakhand boost socio-economy of ghost villages
Around 350,000 residents were estimated to have migrated from the state between the 2001 and he 2011 censuses, leaving 1,048 villages totally uninhabited
 "Migrants' return can help Uttarakhand boost socio-economy of ghost villages")