Page 1916 - Economy & Policy News

PAN-Aadhaar linking: Do it before March 31 or else pay Rs 10,000 fine

As per the latest figures, over 307.5 million PANs have already been linked to Aadhaar, while 175.8 million PANs are yet to be linked with the 12-digit biometric ID

Chhattisgarh's economy to grow at 5.32% in FY20: Economic Survey

The per capita income is likely to grow by 6.35 per cent

Coronavirus likely to impact India's March-qtr GDP growth by 0.2%: Report

Two cases tested positive for the coronavirus infection in India on Monday, after the initial set of three cases in Kerala were successfully treated

Indian VC industry grows by 55% in 2019; Rs 72,0000 crore invested

The report was prepared by Bain & Company in partnership with Indian Private Equity & Venture Capital Association (IVCA)

Jewar airport to pitch Noida as global investment hub: Yogi Adityanath

India's first aircraft repair and maintenance hub coming up near Jewar

Non-subsidised LPG price cut by more than Rs 50 with effect from March 1

The government gives subsidy for 12 refills of 14 kg cylinder to those to those with annual income of more than Rs 10 lakh.

Around Rs 10.52-trn corporate debt at risk of default over slowdown: Report

The NSO has pegged the economic growth at 5 per cent for FY2019-20 in its second advance estimates released last week

Manufacturing activity growth slows in Feb to 54.5 on weak demand: PMI

The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, fell to 54.5 last month from January's 55.3

COVID-19, trade war: Manufacturing shift to hit China, but will India gain?

In the midst of this long-term structural shift from China, India has dropped a few notches in the companies' preference to relocate manufacturing, while ASEAN countries have gained.

Reserve Bank governor Shaktikanta Das to hold meet with bank CEOs today

One of the issues that will come up for review is how much transmission of policy rate actions to the final customer has happened.

Coronavirus outbreak: IT services companies widen travel restrictions

Apart from such advisory, IT biggies such as Tata Consultancy Services (TCS), Infosys and HCL Technologies among others have been pursuing 'remote working' model to overcome the situation.

Traders unhappy with Modi government and feel neglected, says CAIT

Over the past 6 years, CAIT has repeatedly backed the BJP in state and national elections, and has become an instrumental player in the corridors of power

Vivad se Vishwas scheme: 100% target or poor appraisal, taxmen told

Declarants will need to attach the application on withdrawing cases from the CIT (A), the IATA, High Court, or the Supreme Court, along with the Vivad se Vishwas form.

A lot of unutilised space in insurance sector for foreign investment

There is headroom for foreign partners in both the life and non-life sectors within the current limits

We have saved Rs 1 trn through DBT by using tech efficiently: Sitharaman

She also said that they have "revolutionised" technology-driven PFMS and it has empowered India to be accountable, responsive and transparent

GST collection crosses Rs 1-trn mark for the fourth month in a row in Feb

The mop-up could have been much higher, but tax on imports fell 2 per cent year-on-year

Free voice calls no excuse for poor service quality, says Trai chief

The comments come amid continuing call drops being experienced by subscribers across the country

Related party transactions: Govt, Sebi at the table to cut inconsistencies

The regulator has proposed widening the definition of related party and RPTs, changing the threshold for determining RPTs, and tighter disclosures and approvals.

Statsguru: Decoding Indian economy's growth risks and muted outlook

The stress lies in the manufacturing and construction sectors, the biggest employers of semi-skilled labour

Draft Competition (Amendment) Bill 2020: How life may change for tech firms

The Competition Act requires any proposed combination meeting the specified threshold of asset or turnover to be approved by CCI.