Page 2004 - Economy & Policy News

Has India's growth slowdown bottomed out? Animal spirits indicate so

Despite the green shoots, the economy is set for another quarter of sub-par growth, and still in need of support from the government and the central bank heading into 2020

Karvy fallout: Sebi plans tighter norms to protect mutual fund investors

Regulator proposes discontinuing of pooled accounts, to protect investors

Govt rejects plea for extension to SEZ units for importing plastic scrap

The proposal was put forth for final approval earlier this month by the Board of Approval (BoA) for SEZs under the chairmanship of Anup Wadhawan, Secretary, Department of Commerce

Rationalise food and agriculture sops to save Rs 15,000 cr: Govt panel

Seeks making the scale of finance for agriculture credit more evidence-based

Who will approve and release official surveys? Draft NSC Bill stays silent

However, while the Rangarajan commission had recommended making the NSC a 'nodal and empowered body for all core statistical activities of the country',

RBI conducts first simultaneous OMO, buys more bonds than it sells

The central bank had planned to buy up to Rs 10,000 crore of 10-year bonds and sell up to Rs 10,000 crore of four short-term bonds

Revival in production and exports buoys seafood firms: CRISIL SME Tracker

CRISIL Research expects the industry to grow 5-7 per cent year-on-year, compared with 6-7 per cent in the last fiscal year

Revamp DRDO, plan on reducing dependance on foreign vendors: Par panel

The panel also recommended that an environment might be created where the public sector and the private sector could work in collaboration

Govt refuses to share Swiss a/c details of Indians, cites confidentiality

In reply to an RTI query, the ministry also refused to disclose the details of black money received from other foreign countries

FSSAI to finalise norms to ban junk food sale, ads in school canteens

The food business operators (FBOs) manufacturing HFSS food products would be barred from advertising such foods in school premises or within 50 metres of the school campus, it added

Army invites high-tech start-ups to meet defence equipment challenges

Forty-four winners of these challenges are presently being provided with funding for developing the innovative technologies they have proposed

Office space leasing up 40 pc at record 46.5 mn sq ft in 2019: Report

New supply also rose 45 per cent to 51.6 million sq ft from 35.7 million sq ft, while vacancy reduced to 13 per cent

White paper to reduce tax burden on steel sector: Dharmendra Pradhan

To provide more relief, Union Minister Dharmendra Pradhan said the government is bringing changes to the Electricity Act which will address concerns related to power tariffs

Rate cuts to 'operation twist', RBI governor is pushing policy boundaries

The policy easing cycle this year saw Das and his rate-setting panel deliver a rare 35 basis-point cut in August

Supreme Court verdicts that shook industries like telecom, coal, and mining

This year's record itself is formidable. The telecom sector is still smarting from the impact of the court order to pay Rs 92,000 crore as adjusted gross revenue (AGR) to the government

Cases of Rs 89,000 cr in my ministry: Gadkari concerned over slowdown

Modi had said that discussions on achieving the vision of making India a $5 trillion economy did not come all of a sudden

Statsguru: Despite GST dues payment, worries far from over on revenue front

IGST collection on imports shows a disturbing trend with a fall for four consecutive months

Jaishankar meets Iranian FM, agrees to accelerate work on Chabahar project

Earlier, Zarif tweeted that the two countries held, "excellent discussions on closer bilateral relations & regional & global issues affecting our respective countries."

Gadkari praises FASTag for surge in revenue; bats for IT, e-governance

He said positive and development orientated approach, transparency, corruption-free system, fast track decision making process and social and national commitment will lead to good governance.

All existing notified SEZs deemed to be multi-sector SEZs: Government

Aim is to get more entities to set up manufacturing facilities in SEZs and to help developers to monetise their unutilised land