Page 1947 - Economy & Policy News

Vivad se Vishwas: CBDT to collect data on direct tax cases in high courts

The CBDT has asked the regional Income Tax Department chiefs to "personally monitor" the exercise

Fimi urges coal ministry to fast-track auctions of Schedule II blocks

The country has witnessed a consistent surge in coal imports. During 2018-19, 235 million tonnes (mt) of coal including coking coal was imported

Advertising spend in India grew by just 9% to Rs 82,795 cr: Report

The estimates come months after reports of a decline in consumption in India, a first in four decades

Cabinet okays changes to bank laws to avoid repeat of PMC Bank-like crises

There are 1,540 cooperative banks with depositor base of 86 million having total savings of about Rs 5 trillion

UP will sign 23 MoUs worth Rs 50,000 crore during DefExpo: CM Yogi

Adityanath was addressing a gathering after Prime Minister Narendra Modi had inaugurated India's largest ever Defence Expo 2020 here

Cabinet nod to setting up major port in Maharashtra at a cost of Rs 65k-cr

The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi

Middle Class 'trained enough' to pick right Income Tax option: Rajiv Kumar

Rajiv Kumar was commenting on the Budget proposal of FM Sitharaman to give the option to personal income taxpayers to remain in the existing tax scheme or opt for a new simplified tax regime.

PM Modi links defence self reliance to $5 trillion economy target

PM inaugurates India's biggest ever DefExpo 2020

Coronavirus: What India is doing to prevent the spread of an epidemic

Three infected students from Kerala placed in isolation; Air India Air India has flown twice to China to ferry back citizens; isolation camp set up in Manesar

Rolls-Royce displays defence, naval combat solutions at DefExpo 2020

The 11th edition of biennial DefExpo 2020 during February 5-9 will feature nearly 1,000 exhibitors, including 165 foreign companies

Over 683,000 vacant posts in central govt departments: Personnel Ministry

A highest of 1,16,391 recommendations were made by the RRB, 13,995 by SSC and 4,399 by UPSC

Does a fiscally careful Budget create room for RBI to please India Inc?

While the FM seems to have left the fiscal scenario in better shape than it appears to have been through most of this year, she has had to eschew any plans to revive investments

Household financial savings dip to 6.5% of GDP despite new RBI methodology

Financial liabilities, on the other hand, had risen sharply after demonetisation after people heavily stashed cash in bank deposits, insurance schemes, and MFs

Demonetisation, GST, banks squeeze sent economy into tailspin: Chidambaram

Addressing students at the Shri Ram College of Commerce here, the former finance minister also said that the country was heading towards another 'listless' year in terms of economic growth

Flickering interest in 'round the clock' power

Renewable energy players are doubtful if any mainstream player will even evince interest

Over 50 mn farmers yet to get payments under third round of PM-Kisan: RTI

The total amount of the scheme, which came into effect on December 1, 2018, is to be paid in three equal instalments of Rs 2,000 every four months

Service PMI hits 7-year high in Jan on favourable market. business optimism

The IHS Markit India Services Business Activity Index rose from 53.3 in December to 55.5 in January, signalling the strongest upturn in output in seven years

Budget paved way for perfect ecosystem for startups in India: CBDT

CBDT Chairman P C Mody said most of the issues pertaining to startups were already addressed in last budget

Solid domestic demand lifts services PMI to 7-year high of 55.5 in Jan

he Nikkei/IHS Markit Services Purchasing Managers' Index rose to 55.5 in January from December's 53.3

Pension outlay for Army in Budget is unsustainable: CDS Gen Bipin Rawat

Army consists of two categories, officers and jawans, and the former can retire between 54-58 years of age