Page 1866 - Economy & Policy News

Govt to fast track Chinese investment proposals after FDI changes: Report

Advisers to Chinese firms have said they are concerned the process could take several weeks and hit deals and investment timelines

Traders seek clarity, urge states to issue guidelines on reopening of shops

The Retailers Association of India (RAI) said the government's order to allow reopening of shops is open to interpretation as terms like "market complexes" are not easily understood

Miners seek moratorium on dues as lockdown cripples operations

Experts believe Q1 will be a complete washout for the sector; assuming subdued activity during monsoons or Q2, revival is only expected towards the second half of FY21

Covid-19 lockdown: Govt allows standalone shops to reopen, with conditions

Shops in market places, multi-brand and single-brand malls located in municipality areas will continue to remain closed till May 3

Trump urged to suspend H1B, other visas after 26 mn Americans lose jobs

The letter, dated April 23, was released to the media on Friday, a day after Trump issued an executive order that suspended issuing of new Green Cards for the next 90 days

Coronavirus crisis: Lockdown batters India's already slowing economy

Some of the leading indicators only tell the magnitude of its impact

Covid-19: Panic in Azadpur mandi after death; officials say ops to continue

In the last few days, some traders threatened to suspend their operations following the death of a trader due to Covid-19 and after rumours apread that two more mandi workers had got infected.

Adityanath asks officials to bring home UP workers stuck in states

Various department heads have been given a week's time to submit their 'concrete roadmaps' to the government for implementation

Supreme court quashes judgments by high courts on area-based exemption

Rules refunds should be limited to actual manufacturing or value addition

Govt had Rs 1.35-trn outstanding loans from RBI in week to April 17

The central government had Rs 1.11 trillion in outstanding loans in the previous week, according to the RBI's weekly statistical supplement.

Finance panel's advisory council bats for support to small players, NBFCs

The Commission will wait for gross domestic product (GDP) data in the January-March and April-June quarters before finalising its reports to the government for 2021-22 to 2025-26

31% apparel units to shut down, 2.5 mn jobs at risk due to lockdown: CMAI

A study conducted by the industrial body says job losses in the textile value chain could be a staggering 10 million

Working on Rs 1 trn fund for MSMEs to provide liquidity: Nitin Gadkari

Move may see Govt tap into Rs. 80,000 crore worth of ESIC funds

Major states still not allowing industries to reopen: FIEO to govt

Majority of industrial townships remain in red zones, restricting exports

House panel opposes lay-off payment for workers during natural calamities

The Standing Committee has suggested that the government allow bigger companies to retrench workers, without the need to seek official nod from the government

Govt to set up Rs 1-trn fund to clear pending MSME payments: Gadkari

He said the proposal may be placed before the Cabinet for approval once the finance ministry gives its go-ahead

80% of Odisha's MSMEs facing closure, seek PM's help amid Covid-19 crisis

As a fall-out of the nationwide lockdown, the small and micro scale industries in the state are facing severe hardship

Indian airlines may suffer $11.2 bn revenue loss, 2.9 mn jobs at risk: IATA

IATA called for a combination of direct financial support, loans, loan guarantees and support for the corporate bond market, and tax relief

Deep Dive with AKB - Oil's great slide: What this means for India

So what has happened lately to cause such a massive drop? How bad is the global outlook? And what does all this mean for India, which is a major importer of petroleum products? Let's take a Deep Dive

PM Modi, Sitharaman to meet today to finalise second stimulus package

Friday's meeting follows a wide range of deliberations held within the government and with eminent experts.