Page 2001 - Economy & Policy News

Financial system remains stable despite weakening domestic growth: RBI

However, the perception of risks on various fronts like domestic growth, fiscal, corporate sector and banks' asset quality increased between April and October 2019, it said

AAP govt used Rs 29 cr in ads outside Delhi: CAG report

Audit found that work of the govt is being projected as AAP's achievements

BJP alleges scam in Delhi govt's procurement of LED street lights

The street lights being installed are LED lights and they are far more economical than those being installed by the BJP-ruled municipal corporations in the city

Unemployment top worry, urban India thinks nation on right path: Survey

Poverty and social inequality are the top worries for global citizens followed by unemployment, crime and violence, financial and political corruption and healthcare, the survey pointed out

600,000 pensioners to gain as EPFO's commutation come into play on Jan 1

These 630,000 pensioners had opted for commutation of their pension and got a lump sum amount at the time of retirement from their pension accumulations or fund before 2009

Yield on LIC's investment portfolio slipped to 8-year low of 7.59% in FY19

The data suggests that the decline in yield is largely due to slower growth in net income from investment compared to the growth in the insurer's investment portfolio

Rahul Gandhi targets PM Modi over new bank fraud

Billionaire jewellers Nirav Modi and Mehul Choksi, as well as Rotomac Pens promoters, have been accused of cheating public sector banks

Indian Railways may rationalise fare, cut freight rates to boost economy

In September, the railways had announced several incentives to boost freight traffic

India set to cross 100-GW renewable energy capacity mark in 2020

India's installed renewable energy generation capacity touched around 86 Gw by November-end. This includes solar, wind, small hydro, biomass, waste to energy and others

Story of India's economy in the past decade: After a high, a sharp slide

Here are the five people who best represent the story of the Indian economy in the 2010s

GST officials unearth Rs 241-cr tax evasion through fake invoicing

The racket was busted by the anti-evasion wing of CGST Delhi South Commissionerate

Matheran's heritage toy train to resume service from Friday; check details

The toy train is a major attraction for tourists who throng the hill station situated just 100 km from Mumbai

Tirupur knitwear exports units bank on compliance to win global markets

The first of a two-part series focuses on how the factories, spurred by buyers, have adopted the latest international social and safety standards

Loans and advances of foreign banks operating in India grew 13% in FY19

The loan book of private banks grew at a much higher rate, of 25%

Govt plans to provide medical treatment to gig workers at a subsidised rate

This may come as a relief to such companies as they will not be compelled to bear the social security cost of its workers

Tariff offers transparency: Trai extends deadline for receiving comments

The move came after Trai received a significant number of complaints from individual consumers on lack of transparency in disclosure of tariff information

DoT to seek Trai's views on 5G; considers spectrum auction in 2020

This new 5G chunk is separate from the Rs 5.22 trillion spectrum sale plan approved by the Digital Communications Commission on Dec 20

Govt proposes BS VI emission norms for quadricycles from Apr 2020

The BS VI emission norms are in line with European standards

FM Sitharaman to meet CEOs of PSBs on Saturday to review their performance

The meeting is also expected to take up discussion on non-performing asset recovery through both NCLT and non-NCLT

Railway recruits to be inducted through UPSC in 5 categories says Chairman

Chairman, Railway Board, who will also be the CEO of the national transporter, will be an officer of Indian Railway Service and not from any other service