Page 1972 - Economy & Policy News

J-K woos businesses with first of its kind pre-summit investors' meet

Minister of State, Prime Minister's Office Jitendra Singh congratulated the lieutenant governor for taking such an initiative "at the right time and right place"

Explained: Why lenders prefer IBC over SARFAESI Act for recovery of dues

This, despite the fact that changes in the Act which come into effect shortly give primacy to secured creditors

Three telcos to seek urgent SC hearing as deadline to pay dues nears

Bharti Airtel, Vodafone Idea Ltd, Tata group want to negotiate with telecom department on the timeframe for paying dues

WEF summit 2020: The yearly jamboree to host many climate heroes this week

More than 3,000 global leaders will assemble here this week as 'stakeholders for a cohesive and sustainable world'

30,000 tonnes of palm oil stuck at Indian ports after curbs on Malaysia

In a typical year, India relies on imports for almost all of its supply of the vegoil used in everything from soap to cookies

Don't artificially boost GDP number: Cong to govt on 'data revamp' reports

The government has suddenly expressed alarm and a 'revamp of official statistics' is being proposed, says Congress

Steel industry seeks duty cut on key raw materials in upcoming Budget

The basic customs import duty on anthracite coal is 2.5 per cent

Centre considering specific excise duty on aviation fuel to curb volatility

Finance Minister Nirmala Sitharaman will present her second budget on February 1.

Industrial package for Jammu and Kashmir in the works, says Piyush Goyal

The Minister for Railways and Commerce also announced that Kashmir would be linked with the rest of the country by train by December next year

India's GDP growth premium over EMs to hit 7-year low of 1.1%: IMF

In the past two years, GDP growth in India is down nearly 220 basis points (bps, or bips), against growth deceleration of 85 bips in EMs

Govt likely to abolish dividend distribution tax in upcoming Budget

Tax may be imposed on shareholders getting dividends

64% of India's GenZ questions need to own a car: Deloitte global survey

The study also dwells on consumer preference with regard to data privacy and the money Indian buyers are willing to spend on connected vehicles.

It's divided house at RBI over new oversight cadre; board meet on Feb 15

Most officers want to opt out; issue to be taken up at central board meet

Budget 2020 Wishlist: Here are the key challenges for oil and gas sector

Resolving gas transmission and distribution infrastructure constraints are one of the industry's key demands

Budget 2020: Govt turns to asset monetisation as divestment target eludes

Hope rises for monetisation of Rs 1 trillion worth of assets by March 31

No wish for laws treating businesses with suspicion: FM Nirmala Sitharaman

This, after Tata Sons chairman said that businesses need supervision and not suspicion

Statsguru: From price to return, 7 charts show how gold performed in 2019

In comparison to other asset classes, globally, gold rallied significantly after many years to deliver 18.4 per cent returns in 2019

Legislative adventurism

A proposal for a new law on bank resolution has already raised many troubling questions

Govt to stop substitutable coal import; may auction explored blocks: Joshi

Centre can go for auction of 100 fully explored blocks, said Joshi

Govt to extend urad imports till June to meet domestic shortage: Report

Meanwhile, the government has decided to offload 5 lakh tonne pulses from its buffer stock to both state governments as well as in the open market.