Page 1877 - Economy & Policy News

Covid-19 woes: Allow limited activity in select sectors, DPIIT tells govt

The exit plan from the lockdown is recommended after getting suggestions from a detailed interaction with various states and industry bodies, the letter said.

From UP to Punjab, mechanised harvesting faces coronavirus lockdown hurdles

A combine harvester is a key equipment for farmers in Punjab, Haryana, Madhya Pradesh, and Rajasthan as it can harvest acres of land at one go and doesn't require much labour

Coronavirus lockdown: Govt may start economic activity in 'green zones'

Delhi to sanitise city's red, orange zones from Monday

Statsguru: World equity markets rebound sharply from their coronavirus lows

Not just equities but gold prices too have jumped following the Fed action

World Bank sees India's GDP growth at 1.5-2.8%, lowest since 1991 crisis

Warns social distancing to be a challenge among migrant workers, slum dwellers

Need economic package and open industry in staggered manner, says CII

The CII has argued in favour of the government providing direct rations to affected populace rather than cash

Covid-19 impact: Pharma players join hands to ensure smooth production

Combined capacity utilisation at all-India level is 60-70% - higher than in most other industries

Fiscal space: Not if but how

In the first part of a series, the authors argue the means must be found to avert potential economic and social collapse post-Covid

Coronavirus brings focus on division of power between the Centre and states

Experts stress the need for an over-arching central law to deal with epidemics

Uncertainty looms over Rs 2.1-trn divestment target amid coronavirus spread

In its April Monetary Policy report last week, the Reserve Bank of India said the global economy is expected to go into recession after taking into account the impact of the Covid-19 pandemic

SEZs seek govt permission to sell goods in India at discounted import duty

The export-oriented units and SEZs are providing direct employment to more than 25 lakh person and has attracted an investments of more than Rs 5.50 lakh crore, he said.

Coronavirus impact: Gujarat govt issues post lockdown guidelines for APMCs

APMCs engaged in grains, pulses and oilseeds had seen an impact, thereby several of them shutting down amidst the 21-day lockdown announced by the Centre

Coronavirus: UP govt reopens 5,200 industrial units during lockdown

905 flour mills, 419 oil mills and 235 pulses mills were currently functional in the state so that there is no shortage of essential food items

CII seeks incentive package for lockdown-hit mining and metals sector

The demand ranges from financial support to tide over liquidity issues to logistics and trade policy support

Covid-19: Ease fiscal policy, let states borrow from RBI, says Kerala FM

On Tuesday, Kerala had to offer an interest rate of 8.96 per cent for Rs 6,000 crore market borrowing for state development loan for a 15-year period

Covid-19: World Bank sees FY21 India growth at 1.5-2.8%, slowest since 1991

It estimated India will grow 4.8 per cent to 5 per cent in the 2019-20 fiscal that ended on March 31

MFs have full flexibility on PTCs, no further relaxations needed: SEBI

Recently, the Association of Mutual Funds in India (AMFI), had written to Sebi regarding relaxation relating to valuation of PTCs if underlying loans are given a moratorium.

Construction of highways in safe districts may be allowed under lockdown

Areas that are away from urban centres and where there have been minimal Covid-19 cases may be exempt; Maharashtra said to have allowed work on expressway connecting Mumbai and Nagpur

States want up to Rs 10-trn package from Centre, deficit financing from RBI

Last month, Union Finance Minister Nirmala Sitharaman had announced a Rs 1.70 trillion central package

PM hints at lockdown extension till Apr 30; industrial activity may begin

The motto of the government earlier was "jaan hai to jahaan hai", but now it is "jaan bhi jahaan bhi", the PM said