Page 1989 - Economy & Policy News

Credit flow to Infra sector remains muted at Rs 21.2 trn in Apr-Sep: Report

The infrastructure credit had witnessed a 19% growth in FY19 to Rs 21.1 trillion

Odisha gets 255 bids for auction of 20 merchant blocks; 87 firms in fray

All top steel makers, secondary steel players, sponge iron producers, pellet manufacturers and merchant miners from Goa and Odisha are vying for the blocks on offer

Sweetener for sugar exports: Forecast of global shortage offers fresh hope

This is because the Indian industry contending with brimming inventories has been given a mandate by the government to sell 6 mt in the world market

$5 trillion economy is just a phase, targets are bigger and higher: PM Modi

Action against corrupt should not be seen as govt crackdown on corporates, says PM

States cannot lower fines below prescribed limits under MV Act: Centre

The new Act with stricter provisions has come into force in the country from September 1, 2019

Kochi to host Global Investors Meet on Jan 9-10; focus on 18 mega projects

The government will highlight among others a Kochi- to-Palakkad integrated manufacturing cluster, a defence park at Ottapalam and an electronic hardware park in Ernakulam district

Policymakers must stop treating cars like sin goods: Maruti's R C Bhargava

R C Bhargava says the government's attitude of increasing the ownership cost of cars is the main reason why sales have been going down

TN lost Rs 4,073 cr due to Centre's GST fund allocation formula: Governor

He added the matter has been referred to a Group of Ministers by the GST Council and he sought for an early favorable decision

UP to put pressure on sugar mills to clear arrears of Rs 2,000 crore

Bulk of cane outstanding on Bajaj Hindusthan, Modi, Simbhaoli groups

India services PMI expands at fastest pace in 5 months on buoyant demand

Demand rose at the fastest pace in more than three years

Budget 2020: I-T Act may allow seizure of trustees' personal assets

The new provision is likely to come in Budget next month

Govt considering mandatory licensing regulations for unknown imports

Through the move, the commerce department plans to restrict imports costing an estimated Rs 4 trillion, primarily from China

A deep dive into govt's ambitious infrastructure plan via six charts

Last week, the government came up with an ambitious plan for infrastructure investment

To tackle inequality, need to create jobs with reasonable income: Murthy

These USD 500 per year translates into around USD 1.5 per day or Rs 100 per day, in which these people have to eat, take care of health, educate their children and pay rent, among others, Murthy said

Switzerland sends notices to Indians for trusts set up in tax havens

Individuals suspected to have moved abroad after evading taxes back in India are being probed too.

Finance Ministry to come up with a list of 6,000 NIP infra projects soon

Data to explain why private sector investment is estimated to be low

New year begins on positive note

The government's new year gift is extension of the time limit to avail of the service tax and central excise dispute resolution scheme by 15 days

After a passenger fare hike, Railways plans occupancy-based discount

Occupancy-based discount is an effort to augment revenue by increasing number of passengers during lean periods

Centre deallocates Odisha coal block allotted to PFC arm for power project

The coal ministry had in 2010 allocated the coal block in Odisha for a 4000 MW power project to be set up by Sakhigopal Integrated Power Company Ltd

To double exports, 8 states finalise action plan for agri export policy

The roadmap for cluster development in the clusters notified under AEP was prepared to address the identified interventions during the cluster visits