Page 2018 - Economy & Policy News

In a rare move, Railways retires 32 officers before time for inefficiency

The only time in recent history when the railways undertook such a move was in 2016-17 when four officers were prematurely retired.

Bill seeks panel to gauge foreign investment with national security impact

G V L Narasimha Rao (BJP), Sudhanshu Trivedi (BJP), Rakesh Sinha (nominated), P L Punia (Congress), V P Nishad (SP) and Ashok Bajpai (BJP) took part in the discussion.

Gadkari urges automobile manufacturers to develop biofuel-based vehicles

The minister called for switching over to FASTags so that vehicular movement at NHAI toll plazas becomes faster and smooth

Centre has so far disbursed Rs 36,000 cr to farmers under PM-KISAN scheme

Under the scheme, the government is providing Rs 6,000 annually in three equal installments to 14 crore farmers

Govt's 175-Gw clean energy goal in peril after repeated missed targets

Parliamentary Standing Committee on Energy has also asked the ministry to take up the issue of ambiguity and disputes related to GST on renewable energy devices with the finance ministry

Par panel for punitive action as power firms' dues to CIL hit Rs 8,437 cr

The panel said it is concerned to note that huge amount of dues are outstanding from the state and other utilities for years

TN, Rajasthan, Karnataka plan to shut door on new coal plants: Study

Karnataka, Rajasthan, Tamil Nadu are states with the highest RE (renewable energy) potential in the country

UDAN 4.0: Govt puts 30 Northeast airports and airstrips on the block

A water aerodrome in the region at Umrangso Reservoir, Assam is also included

Cabinet gives approval to Bharat Bond ETF, launch in early January

Bharat Bond ETF will be made of AAA-rated papers issued by govt-linked firms

UP industrial output expands 0.4% in Sept after two months of contraction

Manufacturing, electricity bring about 0.4% rise in industrial index; country's industrial output had contracted 4.3% YoY that month

'One nation, one ration card' implemented on pilot basis in 6 states: Govt

Minister of State for Food Danve Raosaheb Dadarao said the inter-State portability of ration card will soon be tried in one more cluster of six states

Growth of world cities to decline in 2020-21 amid global slump: Research

India's booming cities remain at the top of the heap, with the fastest growth rates on the globe, but they are also much smaller than other major cities.

India's consumer confidence in Nov sees steepest fall in more than 5 yrs

The drop coincides with a deepening slowdown in Asia's third-largest economy and increased worries about employment

India's manufacturing capacity utilisation declines to the lowest ever

Capacity utilisation had improved gradually from 71 per cent in the aftermath of demonetisation to 76.1 per cent in January-March 2019

5% GST slab may be increased to 6%: Panel considering ways to boost revenue

The panel is also looking at bringing under GST items like foodgrains that faced either value-added tax or purchase tax

Software, mining, book printing not part of 15% corporation tax relief: FM

The negative list includes computer software development, mining and printing of books as they are not manufacturing per se, the minister added

RBI's policy surprise: Pause on rate cuts may hit real estate, auto sectors

Real estate developers were expecting a rate cut of 50 to 100 basis points

Govt's e-marketplace can achieve Rs 5-trn business in under 5 years: Goyal

GeM symbolizes a transparent and corruption free procurement system

Maharashtra govt may merge infra bodies to push affordable housing projects

Bodies like MHADA, SRA may be merged into a single entity to expedite low-cost housing projects in the city

Odisha's famed 'Kalia' scheme to be merged with Centre's PM-KISAN

According to the provisions of the 'Kalia' scheme, farmers, mostly small and marginal cultivators, are entitled to get Rs 10,000 in two instalments for two crops in a year