Page 1901 - Economy & Policy News

After coronavirus, poultry farmers in Karnataka and Kerala hit by bird flu

Farmers in the two states have reportedly begun culling chickens, while the state governments have restricted supply of chicken across their borders

El Nino may be 'neutral', raises hopes of normal rains this year

The latest India Meteorological Department (IMD) forecasts show that sea surface temperatures might further cool, enhancing the probability of La Niña after July

Exporters want extension of promotion schemes amid coronavirus spread

Collateral free lending up to Rs 2 crore with the collateral requirement capped at 35-40 per cent for lending beyond Rs 2 crore, also feature in the list of demands

Coronavirus pandemic to leave behind a global recession: Anand Mahindra

Apart from the toll on lives, the legacy of Covid-19 may well be deaths due to stress, loss of livelihoods, a rise in homelessness and in extreme situations, civil unrest, he added

Calls drops, telecom coverage improving: Govt tells Parliament

Replying to supplementary queries during Question Hour, Minister of State for Telecom Sanjay Shamrao Dhotre said there has been a lot of improvement in call drops

Aadhaar Cards issued to over 90% population of India as of Feb 2020: Govt

The architecture of Aadhaar ecosystem is geared to ensure security and privacy, which is an integral part of the system from the initial design to the final stage, he said.

Policymakers slash rates, pump liquidity to boost panic-hit global markets

Central banks in emerging countries from Brazil to India have stepped in this week to buy government bonds to prevent a jump in borrowing costs that would put more pressure on their economies.

10 earth-observing satellites among 36 missions lined up by Isro for FY21

Gaganyaan (unmanned) is also part of Isro's mission for 2020-21

Govt evaluating cash transfer scheme to reduce coronavirus impact

Given the nature of cash transfer plans, the govt would need large revenues and may have turn a blind eye to the fiscal deficit

Rs 6.16-trn investment approved under PMAY(U) scheme: Hardeep Singh Puri

PMAY(U) seeks to provide all weather pucca houses to beneficiaries in economically weaker sections in urban areas

30.8 mn in tourism, hospitality may lose jobs because of coronavirus

This effect of job losses and layoffs has already begun throughout the country, it added

India's economic policy response to Covid-19 lags global peers: Edelweiss

"We think Indian policymakers must catch up and that too in a short time," analysts at the brokerage firm wrote.

Toll collection, traffic movement down 10-20%, force majeure likely

The report labels mobility restriction for countries in three categories - moderate, intermediate and severe

RIL projects lift industrial investments to record high at Rs 17.9 trillion

Mukesh Ambani's 18 big-ticket chemical projects help domestic industrial investment rise by 15.4 trn in 2019

Soon, pay less and get better health cover: IRDAI hints at new changes

The move is aimed at helping policyholders as the insured would pay less while getting better coverage

As fiscal year comes to a close, auditors to get advisory amid virus scare

Auditors will have to account for factors such as slowdown in the supply of perishable goods which will affect the net realisable value

Struggling to meet target, IT staffers urge to extend FY20 to Apr 30

The associations say at least 95 per cent of their members commute via public transport and "government advisories are suggesting to avoid public transport as far as possible"

Vivad se Vishwas: IT dept begins implementation, taxpayers await rules

The scheme is open till June 30 and an additional 10 per cent needs to be paid for taxes paid after March 31

Vegetable prices surge ahead of mandi closure despite surge in arrivals

Stockists rush to store for uninterrupted supply to retailers and consumers, with APMC remaining shut tomorrow for disinfection against coronavirus

Surat's diamond and textile units to remain open amid coronavirus, slowdown

Industry stakeholders say closure would not only impact the health of the two sectors but would also lead to massive unemployment