Page 1934 - Economy & Policy News

Coronavirus impact: Seafood exports to China unlikely to be affected

During April-December 2019, total seafood exports to China rose by 75 per cent to $1.032 billion

AGR case: COAI says govt has vast powers to address telecom sector's issues

Of the three private players, market analysts consider Vodafone Idea to be in the most vulnerable position

RBI board recommends aligning accounting year with fiscal year from 2020-21

The Central Board of Directors of the RBI at its 582nd meeting reviewed the current economic situation, global and domestic challenges and various areas of operations of the RBI

Budget proposals won't have much inflationary impact, says RBI Governor Das

Retail inflation based on consumer price index (CPI) soared to a near six-year high of 7.59% in January

Eyeing trillion-dollar economy, UP to develop 75 districts as export hubs

Meanwhile, the Yogi Adityanath government is preparing an export policy to give an impetus to the MSME sector

Govt monitoring farm credit given by banks in rural areas: FM Sitharaman

The farm credit target for the current fiscal has been set at Rs 13.5 trillion

Govt clears Rs 540 cr from stress fund for stalled housing projects

The Central government last year announced a Rs 25,000 crore fund to help complete over 1,500 stalled housing projects

Kotak: Risk capital key to high growth

Kotak said India lacks risk capital, and access to such capital will not come easily unless lenders, savers and investors trust firms

Nirmala Sitharaman to meet industry bodies to assess coronavirus impact

The virus outbreak in China has claimed nearly 1,500 lives and infected over 60,000

Sebi issues show-case notice to 2 former senior executives of CARE Ratings

This is for the alleged interference in rating action of YES Bank and DHFL

Focus on investment and job creation: Donald Trump's India plan revealed

Creating new jobs and boosting manufacturing is critical for Trump in his re-election bid later this year

WPI inflation accelerates to 10-mth high of 3.1% on costlier onion, potato

The earlier high was recorded in April 2019, when the WPI inflation stood at 3.18 per cent

Tamil Nadu presents fiscal deficit budget, expects 7.27 % growth

State's debt to increase to over Rs 4.56 trillion

Key data that shows the progress IBC has made in saving a firm in distress

The latest data shows while the number of cases admitted to CIRP has almost doubled, so have the liquidations

Govt expected to soon issue EoIs for BPCL, Shipping Corp, Concor

Moreover, for FY20, officials said the revised divestment plans will not be derailed because of cancelled road shows in the Far East over fears of Coronavirus

Withdraw income tax on overseas tours, travel agents petition PM Modi

The government introduced five per cent TCS on overseas tour packages with an aim to plug revenue leakag

Railways modifies capex spending model, enhances focus on critical projects

The national transporter has decided to disburse budgetary grants in full to projects nearing completion and will partially fund those in the initial stages

No talks on opening up poultry and dairy markets to US companies: Govt

International media reports on Thursday suggested that India had finally allowed market access to chicken legs from the US

DoT to finalise firm to develop spectrum auction software by March 6

The delay is likely to push spectrum auction to July-August this year, according to sources. mjunction and e-Procurement Technologies have experience to design module for spectrum auction.

Export of services rises 11.6% to $20 bn in Dec; imports up 10.3%

Surplus in trade services stood at $7.45 billion for December