Page 1943 - Economy & Policy News

To boost commerce, India-Chile start talks for expansion of trade agreement

Both the countries signed a preferential trade agreement (PTA) on March 8, 2006 and it came into force from August 2007

Army reluctant to buy India-made Arjun tank, prefers Russian T-90S

The army continues to block the indigenous Arjun tank even though, in a comparative trial, conducted in the Rajasthan desert in March 2010, the Arjun proved equal to, or better than, the Russian T-90S

Govt may rationalise urea price, disincentivise chemical fertilisers

The proposed move seeks to promote balance between chemical and organic fertilisers

Economy fundamentals strong; markets show faith in Budget 2020: Sitharaman

FM says country's macroeconomic parameters are sound

Gender budgeting takes a giant leap in India with 15th FC's report

Finance Commission's decision to incorporate "demographic performance" in fiscal transfers is laudable

Centre's fund crunch pulls down cities; rich Mumbai struggles too

State government accounts deserve scrutiny because they collectively spend 36 per cent more than the federal administration

India's fiscal gap one of the highest in emerging markets: Report

Central & state govts combined expenditure exceeded revenues by around 7.5% of GDP in 2019

Higher education in India undergoing major transformation: Rijiju

REWORKED: WHO attempts to avoid stigmatising Wuhan; can't find a name for coronavirus

Budget proposes to shut thermal power plants of 166,000 mw, says group

National powermen body to stage protests against 'anti-people' proposals

Time ripe for legislation carrying compulsory pre-litigation mediation: CJI

Speaking at the international conference on 'Arbitration in the Era of Globalisation', CJI said a robust "arbitration bar" is critical to the development of institutional arbitration in India

Toy importers go on strike after Union Budget imposes 200% duty hike

Protesting the move, the toy wholesalers of the city went on a one-day strike, contending that the import duty hike will result in the closure of businesses and a spur in unemployment.

US India's preferred trade partner in journey to be $5 trn economy: Envoy

Bilateral trade is growing at 10 per cent on a year-to-year basis and reached USD 160 billion in 2019, he said

External Affairs Minister Jaishankar meets Sri Lankan PM Mahinda Rajapaksa

After his official engagement in Delhi, Rajapaksa will travel to Varanasi, Sarnath, Bodh Gaya and Tirupati

4 Goa PSUs post negative net worth of Rs 154 cr despite fund infusion: CAG

Out of the 17 PSUs, 15 received equity long-term loans, grants or subsidiaries to the tune of Rs 303.95 crore from the state government

Coronavirus epidemic to disrupt earnings of Indian shipping companies

Crashing tanker freights, negative Baltic cape index to take toll on March quarter show

Coronavirus outbreak: Crashing freights to hit India's shipping business

SCI reported consolidated net sales of Rs 1,25,761 crore in December quarter, up 17 per cent over the same period last year

RBI Monetary policy: Loans likely to become cheaper by 30 basis points

RBI move to exempt banks from maintaining CRR may free up to Rs 2 trn for lending to retail and MSME segments, says ICRA

Govt to reintroduce FRDI Bill, no timeline yet: FM Nirmala Sitharaman

FRDI was withdrawn in August 2018 after a backlash on a clause that put the onus on depositors to 'bail in', in case of bank failure

Will involve retail investors in LIC IPO, says FM Nirmala Sitharaman

Move will benefit employees, policy holders and agents, says LIC chairman

Will wait for a 'normal year' before taking a call: Sitharaman on LTCG tax

Stock market benchmark indices had tanked by over 2.5% on the budget day last Saturday. Experts opined that investors were peeved at the absence of any action on LTCG and the shift on DDT.