Page 2049 - Economy & Policy News

CBSE exam fee hike for 2020 Board on no profit no loss basis: HRD Minister

The minister said CBSE is a self financed and self-reliant board and generates its own resources

Andhra govt hopes to get $60 mn loan from World Bank for watershed project

The REWARD project would be implemented in Karnataka and Odisha apart from AP, with the World Bank lending a sum of $178 million for the three states

Odisha to tap ICT in power sector to fit into 5T governance model

Focus is on tapping technology to provide qualitative power services to consumers; a green energy roadmap is also being drawn up

NHAI starts expanding funding avenues to secure finances for future

Our target is to reach out to investors in every segment, be it a large investor, or small, an NHAI official said

September quarter GDP growth may sink to 4.7% on weak demand: Poll

If the latest figure for expansion of gross domestic product is 4.7 per cent or less, the quarter will have registered the slowest expansion in 26 quarters, since 4.3 per cent in January-March 2013

Govt wants RBI to take over stressed assets of shadow banks: Report

The government has also asked the central bank to consider a one time waiver to banks from classifying some real estate loans as bad loans, the government official, who declined to be named, said

Moody's sees India Inc struggling for credit in 2020 as slowdown weighs

Sluggish economic growth, slowing earnings are major concerns

Ministry of shipping approves Loktak Inland waterways project in Manipur

Loktak Lake is the largest freshwater lake in Northeast and is famous for the phumdis floating over it. The lake is located at Moirang in Manipur

Maha Vikas Aghadi govt in Maharashtra could focus on farm debt waivers

The state govt can go for a waiver of Rs 50,000 crore spread over a couple of years, said Macquarie

Maharashtra last in per-capita public capex; Bengal leads in spend increase

West Bengal, Odisha, Punjab and UP have shown the highest increase in public capex in the last four years

Labour laws: Govt proposes making 14-day notice must for holding a strike

Noting that the government was bringing reforms in labour laws, the minister said as part of that, it was clubbing 44 labour laws into four codes

Retail boost for logistics, warehousing: Investment rises by $7 bn in 2 yrs

The largest of these is the $3-billion corpus set aside by the National Investment Infrastructure Fund to buy or sponsor a port and logistics-related projects in India through DP World (DPW)

Sebi lays guidelines for listed REIT, InvIT on preferential issue

In a circular, the regulator has specified manner of issuance of units under preferential issue as well as institutional placement by listed REIT and InvIT and lock-in period

Fund-starved Maharashtra sugar industry pin hopes on new coalition govt

NCP commands considerable support among cane growers and sugar mills; 75% of the state's functional units owe allegiance to the party

There is economic slowdown, but no signs of recession: FM Sitharaman

The finance minister touched upon the difficulties in meeting the fiscal deficit, and indirectly signalled a fiscal slippage for the year

Defence PSUs have orders worth Rs 2.32 trn, HAL order book at Rs 59,832 cr

Close on HAL's heels is Bharat Electronics, with orders in hand worth Rs 56,300 crore

After long wait, National Financial Reporting Authority gets own address

After camping in make-shift offices, it shifted to a upmarket central Delhi building just a few months ago that was previously the office of the Competition Commission of India

Govt hikes Food Corporation capital to Rs 10,000 cr to help it manage stock

The FCI, the nodal agency for procurement and distribution of foodgrain, will now be able to reduce debt and interest cost

GDP growth seen slipping under 5% in Sep quarter; may be in 4.2-4.7% range

A look at six indicators shows all of them have collapsed from positive growth in April to contraction in Sept

Why railway station redevelopment projects do not attract private players

After 15 years of unsuccessfully trying to attract the private sector, the public sector seems to have taken the lead in developing the mega-programme