Page 1959 - Economy & Policy News

ED investigating role of PFI, NGO for funding protest against Article 370

The probe agency is likely to summon more people connected with these two organisations to find out the source of the funds

Rlys eyes pension bail-out; plans PPP push in freight, high-speed corridors

The Indian Railways has about 1.5 million pensioners

Brexit: Indian exporters cautious but hopeful ahead of Wednesday vote

India's second and third-largest markets for outbound IT services, which stood at $136 billion in 2018-19, according to Nasscom

Nitin Gadkari urges industry to cash in on upcoming 22 expressway projects

Addressing a conference on 'Future Fuels for Transportation' by FICCI, the minister said plans were afoot to set up 2,000 petrol pumps, including LNG

States, local communities must come together to ensure tap water for all

According to government's estimates, some 146 million rural households do not have tap water coverage

Cong govts to review manifesto promises over Centre delaying GST transfers

Former Maharashtra CM Prithviraj Chavan said "resource constraints are a real challenge before the state governments", and not just those run by the Congress

Budget 2020: Oil ministry calls for inclusion of natural gas under GST

If brought under GST, natural gas will attract a uniform rate of tax at the consumption point anywhere in the country after doing away with current rates of excise duty and VAT

Ind-Ra expects states fiscal deficit to touch 3% of GDP in FY21

Ind-Ra's Devendra Pant said while bigger states are better placed to manage fiscal shocks, states which see fiscal deficit at 4% or more may see deterioration

Budget 2020: Congress seeks national farm loan waiver, minimum wage scheme

Chavan said the government must tell by how much income of farmers has increased in the last five years, as part of its promise of doubling their income by 2022

GST, VAT collection dips as 6 states' tax revenue till November FY20 falls

On the other hand, tax revenues rose 13.44 per cent for West Bengal in this period

Assam tops in budgetary practices, followed by Odisha, Andhra: Survey

The states which figured lower in the ranking were Goa, Maharashtra and Punjab

Five firms exit highway projects as NHAI faces delay in land acquisition

It is learnt that the five companies have surrendered eight projects across various states

Cut in duty-free liquor may lead shops to rework pact with airports: Report

Liquor imports account for almost 50 per cent of the overall duty free sales of $ 450 million

Railways identifies six routes for high-speed, semi high-speed corridors

In a briefing ahead of the Union Budget, Yadav said the six corridors include the Delhi-Noida-Agra-Lucknow-Varanasi (865 km)and the Delhi-Jaipur-Udaipur-Ahmedabad (886km) sections

Slowdown blues: UP clocks muted 4.1% GSDP growth in Q2 of 2019-20

The state trails India's GDP growth of 4.5% in July-Sep quarter

To ease burden on NCLT, govt notifies rules for winding up of companies

Currently, voluntary liquidation cases are primarily taken up under the Insolvency and Bankruptcy Code (IBC)

Govt may make mid-career training for highway engineers mandatory: Gadkari

"Mid-career training should be mandatory for promotion of highway engineers to next higher levels," the road transport minister Gadkari said on Tuesday.

Regulatory transparency still a far cry from instilling public confidence

While RBI's recent move to make the minutes of its Central Board meeting public is welcome, regulators across sectors are generally loath to reveal cost-benefit analyses of their decisions

Reduce tariffs and streamline taxes: Indo-US business groups to FM

In a series of recommendations ahead of the Union Budget 2020, USISPF urged Sitharaman to allow two per cent mandatory spend on CSR as a tax-deductible expense

From tax rate cuts to job creation, India Inc sees a populist Budget

Tax rate cuts, job creation measures expected: BS POLL