Page 2007 - Economy & Policy News

Industrial production shrinks for 3rd consecutive month, falls 3.8% in Oct

The factory output declined by 4.3% in September and 1.4% in August this year, while it grew at 4.9% in July

Paying salaries to BSNL employees govt's priority: Govt tells Rajya Sabha

Pension may be revised if the said basic pay is revised on account of pay revision of serving employees

India's fuel demand grows 10.5% in November, hits near two-year high

Consumption of refined fuels, a proxy for oil demand in Asia's third largest economy, totalled 18.77 million tonnes in the month

Industrial output contracts by 3.8% in October; November CPI at 5.54%

India's retail inflation for the month of November touched 5.54% compared to 4.62% in the month of October

Economy resilient, no cause for apprehension on decline in GDP: Govt

Continuous liberalisation has led to an increase in inflows of foreign direct investment into the country.

Govt exploring new method for calculating GDP with changing weights

The weights assigned to various products and activities will keep updating but the base year will remain the same

89% Indians believe climate change has negative impact on economy

According to IBM report, 72 per cent Indians also believe that the local economy has been disrupted by a severe weather event in the past year

World Bank suggests creating 'brand northeast' to leverage its potential

The branding campaign should also stress on the intrinsic strengths of the region, pointed out the World Bank study

UP tops PM Kisan scheme with total payout of more than Rs 10,000 crore

UP beneficiary count expected to hit 29 million post 2021 Census

Flight operations suspended for 6th day at Srinagar airport due to fog

Although there was light rainfall early in the morning, the foggy conditions persisted in the valley

Citizenship Bill protests: Railways suspends trains in Assam and Tripura

12 companies of the Railway Protection Special Force (RPSF) have been dispatched to the region

GST in Kashmir will erode the Valley's special status, protest traders

The shutdown call was given by Kashmir Traders and Manufacturers (KTMF)

GST in Kashmir: Traders march against new regime with black flags; detained

A special session of the state legislature began today to discuss GST implementation

Kashmir braces for Burhan Wani anniversary, Islamic State claims his legacy

Beef lynchings, love jihad have begun fuelling the valley's gradual allegiance towards a Khilafat

GSTN to be converted into a fully govt-owned company in 3-4 months: CEO

The GST Council had decided to convert it into a fully govt-owned company in May, 2018

S&P ratings sees debt downgrade for India if economic slide continues

Sovereign bonds slid after the report, with the yield on the benchmark 10-year note rising 5 basis points to 6.76 per cent

GST anti-profiteering watchdog NAA imposes Rs 90-crore fine on Nestle

"The amount of Rs 73 crore shall be deposited within the next three months from the date of passing this order," the order said

Surat, Jaipur to emerge as new metros by 2018: EY

Jaipur and Surat are projected to record real GDP growth of 8.7% & 10.3% resp. during 2015-20

Surat ready to shine with global diamond exchange in 3 years

Contract finally given for Rs 2,400-cr project, with GIFT City-like features

Surat to see Rs 4,650-crore railway station redevelopment

A joint venture for undertaking the project will be formed soon, according to the source