Page 2047 - Economy & Policy News

BSNL reducing number of contract workers to lower its costs , says govt

BSNL's FY19 loss is estimated at over Rs 14,000 crore while its revenue is slated to decline Rs 19,308 crore

Will give concrete aid for farmers: Uddhav after first cabinet meet as CM

He said the first decision of the cabinet was to approve Rs 20 crore fund for conserving Raigad Fort, which was the capital of Chhatrapati Shivaji Maharaj

India reaches power generation capacity of 365 GW: Govt tells Parliament

Peak as well as energy requirement deficit was less than one per cent during the first seven months of 2019-20: Govt

Need clarity on draft data protection bill ambiguities: Mobile Association

Internet and Mobile Association of India (IAMAI) flagged ambiguities that exist in the draft Bill and further said these will "lead to unnecessary compliance burden"

Maharashtra may form NAC-like body to implement Maha Vikas Aghadi's agenda

Sonia Gandhi headed the NAC during the United Progressive Alliance regime

Govt may take call on RCEP if India's concerns are addressed: Jaishankar

On November 4 in Bangkok, Prime Minister Narendra Modi took the call for not joining the RCEP agreement as its concerns were not addressed in the pact

Steel makers hopeful of 300 million tonne production target by 2030

The country requires about Rs 13 trillion and 600 million tonne of raw material to meet the target

Sebi grants exemption to govt from making open offer to UBI shareholders

The Sebi order for exemption comes following an application filed by the bank in November on behalf of its promoter

For states, balancing fiscal maths and capex will be challenging: CRISIL

The rating agency - in its Infrastructure Yearbook 2019, released on Tuesday - said most of the sub-sectors in infrastructure have shown stress this year, compared to the previous year

'No irregularities': MCA relief to Indiabulls Housing Finance, for now

It is, however, still probing the company, one of the country's largest real estate lenders, and has sought two months' time for filing additional affidavit in this matter

Credit card spend expected to grow to Rs 15 trillion by FY24: Report

Moreover, the number of credit cards outstanding is also projected to grow at fast pace of 23 per cent CAGR in the next five years

Enhanced public spending, lending rate cuts can prop up growth: Experts

At present, India's economy faces a severe demand slowdown on account of high GST rates, farm distress, stagnant wages and liquidity constraints

Experts seek clarity on data protection bill amid WhatsApp spyware row

Experts demanded clarification in several areas of ambiguity that exists in the draft Personal Data Protection Bill

Prepared roadmap to increase port capacity to over 3300 MTPA by 2025: Govt

The move is part of National Perspective Plan for the Sagarmala Programme, Minister of State for Shipping Mansukh Mandaviya said in a written reply to Lok Sabha

GST e-invoicing must for businesses with Rs 100-cr turnover from April 1

It will be voluntary for businesses with less than Rs 100-cr turnover; will help SMEs take instant loans

New Education Policy likely to be placed before Cabinet next month

A panel led by Kasturirangan had submitted the draft of the new NEP to Nishank when he took charge as the HRD Minister in May

Digital mapping of Delhi's unauthorised colonies by Dec 31: Hardeep Puri

Puri made the announcement while moving the National Capital Territory of Delhi (Recognition of Public Rights of Residents in Unauthorised Colonies) Bill, 2019 in the lower House

After $13-bn AGR hit, future of India's tattered telecom hinges on govt aid

Vodafone Idea this month booked a $7 billion quarterly loss, the biggest in Indian corporate history, in large part due to provisions for payments owed

Target to award Rs 50,000-cr highway projects in next 3 months: Gadkari

The projects will cover a length of 4,471 km of highways

Unleash market forces to realise full potential of SatCom: TRAI chief

RS Sharma asserted that the 'open sky policy' needs to be implemented in "letter and spirit" to unleash the full potential of satellite technologies