Page 1984 - Economy & Policy News

Budget 2020: Railway capex may rise 18% to all-time high of Rs 1.9 trn

A major concern for the finance department of the railways is the decline in internal resources

Govt promulgates ordinance for amendment of laws to ease coal mine auctions

The Union Cabinet had recently approved the amendments which intend to open up new areas of growth in the coal and mining sector, an official statement said

Budget 2020: Merchant miners seek 30% export duty waiver on iron ore

Miners through Federation of Indian Mineral Industries (Fimi), have stressed on exemption of the steep export tax since there were hardly any takers for baser grade ore within the country

Fiscal deficit won't matter if spending is prudent, says Pronab Sen

Terming the economic situation as 'very bad,' Sen said that post 2016-17 India's economic statistics measuring GDP growth were 'largely guess work'

Keeping a close watch: CCI warns online retailers against unfair practices

All eyes on Bezos' visit this week as traders up the ante

High growth can bring inclusiveness in wealth creation: Shaktikanta Das

Higher growth also improves tax-GDP ratio which enhances the resource availability with Government to undertake social and infrastructure expenditure

MSME is the backbone of industrial growth, says UP CM Yogi Adityanath

Uttar Pradesh will felicitate top exporters under its 'one district, one product' scheme

US-Iran tensions: No need to panic about oil prices, says Pradhan

There are tensions in the Persian Gulf due to geo-political reasons, the union minister said

Goa police arrests 8 people with demonetised currency worth Rs 1.5 crore

The police intercepted a Kerala-registered car and found demonetised currency in a bag

Railways claims it lost Rs 84 cr due to anti-CAA protests in West Bengal

The matter will be taken up for hearing again four weeks hence, the court directed.

Kerala receives investment proposals worth Rs 1 trillion at ASCEND 2020

Chief Minister Pinarayi Vijayan said that of the amount, Rs 98,708 crore comes in as direct promise during the two days of ASCEND

RBI releases national strategy for financial inclusion for 5-year period

The financial inclusion is increasingly is a key driver of growth and poverty alleviation world over

Coal-fired plants need extra time to meet emission norms: Ministry

India had a phased plan for plants to comply with emission norms with some plants given until end-December 2019, while others had till the end of 2022

Industrial output breaks 3-month downward streak, expands by 1.8% in Nov

The rise in IIP helped pull up cumulative growth in industrial output to 0.6 per cent in the April-November period of FY20

Experts hail SC judgement on internet access in Jammu and Kashmir

The court had held that complete suspension of services should be considered only if "necessary" and "unavoidable"

Govt may seek another interim dividend from RBI as revenue drops: Report

The fresh call comes just months after the Reserve Bank of India (RBI) approved a 1.76 trillion rupees ($24.8 billion) dividend payment to the federal government

Industrial production grows 1.8% in Nov, turns positive after 3 months

The Index of Industrial Production (IIP) had grown by 0.2 per cent in November 2018

Industrial output recovers after 3 months of decline, expands 1.8% in Nov

India's industrial production expanded in November after seeing three straight months of decline

Commerce Ministry looking to revamp SEZ policy to facilitate exports

It has also discussed ways for implementation of the remaining recommendations of Baba Kalyani report on SEZ to facilitate ease of doing business in the present global market scenario

Railway officers protest cadre merger, says decision taken unilaterally

The officers claimed that there are around 2,500 civil services officers who will be affected by the merger