Page 2035 - Economy & Policy News

Kerala threatens to take Centre to SC over delay in payment of GST dues

The issue could become a major one at the GST Council meeting on December 17-18 in New Delhi

Andhra discoms not to raise tariffs for certain sectors in 2020-21

Discoms plan to leave domestic, commercial, industrial and agriculture consumers largely untouched during the year 2020-21

Govt's ethanol-blending policy needs stimulus to adhere to 2022 timeline

The policy, which could be a viable and long-term answer to the cyclicality in the sugar sector

White-collar crime: Losses from frauds rise 80% from last year, says survey

The survey pointed that 3,766 cases of fraud were detected in FY19, a 15 per cent spike from a year ago

Services sector activity grows on strong demand in Nov, PMI rises to 52.7

The dominant sector of the economy had suffered two straight-months of contraction since September

FM Sitharaman assures states of releasing GST compensation dues soon

Sitharaman on Wednesday said the Centre was duty bound to safeguard the interest of states

NHAI delays third phase of road monetisation; to come with improved offer

NHAI's decision to delay the tender comes within a fortnight of the Union cabinet giving it flexibility to fix the tenure of future road monetisation contracts

NHAI slows down on giving data, makes analysis of projects tougher

Industry experts depend on NHAI's data on awards and execution to draw their projections.

Govt considering options to decontrol urea, says Fertiliser Minister

Currently, urea is the only controlled fertilizer and is sold at a statutory notified uniform sale price

Arbind Modi panel wanted no tax on income below Rs 6 lakh, 0.5% wealth tax

The panel proposed a 15% income-tax rate if income was Rs 6-20 lakh, and 30 per cent for above Rs 30 lakh

Housing for all by 2022 mission: PM Modi urges officials to remove hurdles

He also called upon states to put in maximum efforts towards water conservation, especially during the current monsoon season

India, France vow to fight hateful content online, create secure cyberspace

The two countries also agreed to make digital technology a transformative factor to foster economic growth and sustainable development

Corporate tax for firms with over Rs 400 crore turnover to be cut gradually

Arun Jaitley, as finance minister last year, had cut the corporate income tax rate to 25 per cent for companies with a turnover of up to Rs 250 crore

Modi govt's 3rd year to see many more crucial laws: Arun Jaitley

Jaitley said India, from policy paralysis, has transformed into the fastest growing global economy for two years in a row

Sensitive personal data can be processed overseas with individual's consent

The Bill will let government to request non-personal data from any company for planning

Residents of Delhi colonies laud Centre's move to grant ownership rights

In a move that will benefit 40 lakh people, the Union Cabinet on Wednesday approved a proposal to grant ownership rights to people living in unauthorised colonies in Delhi

Kumar Mangalam Birla praises PM Modi for improving 'ease of doing business'

On India's ranking, Birla praised the current government and said that the country can do even better

BPCL privatisation: Govt has no business to be in business, says Pradhan

Currently, 95 per cent of retail petrol and diesel sales and near 100 per cent of cooking gas (LPG) and kerosene sales are controlled by the public sector units.

Major reforms during Modi regime aimed at achieving Rs 5 trn economy: FM

Sitharaman said India's gross domestic product (GDP) growth during 2014-19 averaged 7.5 per cent, which was the highest among G-20 countries.

Aviation minister's Air India remark may scare passengers: Employees' union

The employees' union called hardeep Singh Puri's comment on Air India to be shut down if not privatised 'highly damaging' which will have 'massive financial implications'.