Page 1936 - Economy & Policy News

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

India, Portugal exchange 14 agreements in key areas to boost cooperation

Kovind said Portugal-India relations are very special and the two countries enjoy 500 years of shared history

Exports contract for sixth straight month, trade deficit shoots up

While imports contracted by 0.7 per cent, the rate of fall was significantly lower than the 8.9 per cent contraction in inbound trade seen in December

Open to tweaking Budget to address concerns of the industry, says FM

Finance ministry to come out with detailed rules on Vivad Se Vishwas Bill in a couple of days

Wholesale inflation rises to 3.1% in January vs 2.59% in December

The wholesale inflation of food articles declined 1 per cent in January, according to the Ministry of Commerce

PAN not linked with Aadhaar to become inoperative after March 31: I-T dept

The deadline for linking of PAN and Aadhar has been extended several times and the current deadline ends on March 31, 2020

Goyal suggests ideas to stakeholders for promoting sale of tribal products

Citing an example, he said cricketer M S Dhoni can be a brand ambassador for a tribal product of Jharkhand

ESIC to hike confinement expenses for maternity services to Rs 7,500

The decision was taken at an ESIC meeting chaired by Labour Minister Santosh Gangwar on Thursday

Exports decline by 1.66% year-on-year to $25.97 billion in January

Imports too declined by 0.75 per cent USD 41.14 billion, leaving a trade deficit of USD 15.17 billion during the month under review