Page 1928 - Economy & Policy News

'Howdy Modi' team hopes 'Namaste Trump' event will improve US-India ties

Hundreds of thousands of people are expected to greet Trump in Ahmedabad for a road show leading to the rally at the huge stadium with a capacity to accommodate 110,000 spectators

'Vivad se Vishwas': Cases in arbitration abroad eligible, says I-T dept

The income tax department said appeals and writs filed on or before January 31 this year will be allowed to be taken up under the scheme

Production of non-metallic minerals witness slide as mines decline

While metallic minerals grab the limelight for more widespread industrial applications, the non-metallic minerals trump them in value terms

Coal allocation for spot e-auction drops 8.19% in Apr-Jan to 24.87 MT

Coal distribution through e-auction was introduced with a view to providing access to coal for such buyers who are not able to source the fuel through available institutional mechanism

To improve flight safety, DGCA to screen pilots for consumption of drugs

A medical review officer will be appointed to review the results before taking action on the person involved

Trai proposal puts liability burden on sellers in telecom M&A deals

Experts are of the view that these reforms are too little, too late

Deal or no deal: Trump flip-flops keep all guessing ahead of India visit

On Wednesday, the US president had said a comprehensive trade agreement with India would take much longer to finalise

Changes in CCI norms proposed to bring buyer cartels under competition law

MCA puts draft Competition (Amendment) Bill in public domain

Australia retailers flying to India for online business despite headwinds

Armed with research on India's latest data legislation mandating local storage, many companies are also in the process of setting up background infrastructure in India to support online retail

Amit Shah chairs GoM; proposed amendments in Juvenile Justice Act discussed

Ravi Shankar Prasad, S Jaishankar, Smriti Irani, Harsh Vardhan, Harsimrat Kaur attended the meeting

India-focused PE/VC funds create record by raising $11.7 billion in 2019

Amount beat the previous record of $8.1 bn raised in 2018

Govt proposes amendments to competition law; seeks comments on the Bill

The draft bill to amend the Competition Act, 2002, has been made public more than six months after an expert panel suggested sweeping changes to the law

Do you have an innovative 5G-related product idea? You can win Rs 2.5 crore

Total prize money of Rs 2.5 crore is spread across three phases

EPFO to launch e-inspection to monitor voluntary compliance of scheme

The EPFO is a firm believer of voluntary compliance and wants to understand the industry issues in case of default

Monuments not to be given to private firms for upkeep, assures minister

Patel inspected the Indian Institution of Tourism and Travel Management here

Trai moots reforms in transfer, merger norms for telecom licences

Trai's suggestions range from marketshare math to approval timelines, and other terms

NCAER pegs GDP growth at 4.9% in 2019-20, lower than NSO estimates

The NSO as well as the RBI has projected the GDP growth rate at 5 per cent for the current fiscal

Efforts on to include G-Secs in global indices soon, says Shaktikanta Das

The development would attract higher foreign flows as many overseas funds are mandated to track global indices

Uttar Pradesh's economy estimated to expand by 4.4% in 2019-20

In services sector, the GSVA is projected to witness a growth of 7.5 per cent during 2019-20

Coronavirus scare may erase $29 bn from global airlines' revenue, says IATA

The contraction comes at a time when Asian airlines' sales had been growing, the group said