Page 1931 - Economy & Policy News

Farmers irked as prices of pulses fall below MSP ahead of rabi harvesting

Dabba trading, smuggling of peas contribute to price fall ahead of rabi harvesting

India's 2019 PE/VC investments up 28% at $48 bn, make up 1.7% of GDP

Infra investments drive growth; PE/VC account for 64% of FDI inflows

Irdai chief asks general insurers to cut expenses, improve efficiency

Also, he advised the life insurers to focus more on improving their persistency ratio

Vivad se Vishwas scheme: Revised tax Bill addresses fears over tax on loss

The revised Bill makes the scheme attractive by expanding its scope to cover litigation pending in arbitration forums and debt recovery tribunals (DRTs)

Coronavirus impact: LED bulb prices could rise up to 10% over supply issues

This may impact the connected lighting solutions and professional lighting segment more as it has larger share of imported components

India may give reprieve to solar projects delayed by coronavirus fallout

Anand Kumar, India's renewable energy secretary, said all the contracts have a 'force majeure' clause that companies can invoke to secure an extension on the project schedules

Moody's lowers Apac growth forecast to 5.2% over Coronavirus outbreak

The impact of the shuttering is large as China contributes a whopping 16 per cent of global GDP, up from 4 per cent when it was hit by the SARS virus in 2003

Coronavirus: FM takes stock of trade issues, sees no impact on prices

The development comes in the wake of issues surrounding imports from and exports to China even as the Coronavirus outbreak grips that country

No reason to doubt govt will meet fiscal deficit targets: RBI Guv backs FM

In an interview with PTI, Das said the government has remained within the limits set by the Fiscal Responsibility and Budget Management (FRBM) Committee for the budget deficit

Cut in lending rates insufficient to boost credit growth: BofA Securities

The Reserve Bank cut rates in five consecutive reviews in 2019 before pausing in December due to surge in inflation

Odisha tables revenue surplus budget with total outgo pegged at Rs 1.5 trn

Budget estimates fiscal deficit to be at 3.4%, within permissible limit of FRBM target

Railways roots out illegal software, more Tatkal tickets for passengers now

The railways does not allow agents to book Tatkal tickets and over the past two months, the RPF has nabbed around 60 illegal agents who were booking tickets through these softwares

IBBI proposes simultaneous CoC voting on two or more resolution plans

The Insolvency and Bankruptcy Code (IBC) aims at time-bound and market-linked resolution of stressed entities

Sugar exports picking up even as delays in release of subsidy loom

Newer opportunities such as exporting to Indonesia are being thrown up but early closure of mills could be an issue

India Inc seeks cut in import duties to tackle disruptions by coronavirus

The coronavirus outbreak in China has disrupted supplies of raw material to other countries

What can India expect from Satya Nadella's visit as Donald Trump arrives

Microsoft launched its India operations in 1990 and for the past 30 years the company has played a major role in digital transformation of the country

UP govt tables annual budget of Rs 5.12 trn, fiscal deficit a tad under 3%

Adityanath's 4th Budget is 7% higher than that of the current year, whose size is Rs 4.79 trillion

UP govt presents Rs 5.12 lakh cr budget in state assembly

The budget, the size of which is Rs 33,159 crore more than the last year's budget, has provisions worth Rs 10,967.87 crore for new schemes

Vodafone Idea default can raise India's fiscal deficit by 40 bps

The social impact of this could be worse as 300 million subscribers may face the annoyance of network shutdown and churn

Jaishankar engages with EU leaders on socio-economic issues, climate change

The minister also held "positive and productive" parleys at the Foreign Affairs Council of the EU