Page 2050 - Economy & Policy News

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

Chit fund cos go tech-savvy with huge data at stake on getting legal status

Last week Lok Sabha passed the Chit Funds (Amendment) Bill, 2019, amending the Chit Funds Act, 1982

Cabinet approves extension of jute packaging norms for foodgrains, sugar

The decision mandates that 100 per cent of the foodgrains and 20 per cent of sugar will be mandatorily packed in diversified jute bags

ICF to manufacture 740 coaches for Train 18 by 2021-22: Piyush Goyal

Two rakes already put into service; At present, the train runs on the New Delhi-Varanasi and New Delhi-Sri Mata Vaishno Devi Katra sectors

FASTag sale zooms past 7 mn, record 135,583 of that on November 26 alone

FASTag is accepted on more than 560 toll plazas and more number of plazas are getting added on a daily basis

'Enough' spectrum to begin rolling out of 5G services in India, says Prasad

Spectrum available for 5G auction is - 3300 to 3400 MHz and 3425 to 3600 MHz

Onion prices: Centre has stopped controlled-rate supply, alleges Kejriwal

"It is sad that the Central government has stopped the supply of onions to the city for the last two-three days," Kejriwal said

Power ministry has asked states to lower tariffs for discoms: R K Singh

Earlier this year, the government has taken steps such as mandatory issuance of letter of credit to generating companies by discoms and single-day payment

Trai chief meets Voda Idea CEO to identify priority issues for 2020

The meeting assumes significance as the debt-laden and loss-making sector is reeling under massive financial stress

Telecom tariff: Trai to review transparency in publishing of offers

There have been reports of telecom companies approaching the regulator to fix the floor price or minimum tariff to be offered by them

Centre okays construction of 331,000 more houses under PM-Aawas Yojana

As on date, the Union Housing and Urban Affairs Ministry has sanctioned more than 9.6 million houses under PMAY(U) against the validated demand of 11.2 million houses

Farmers suicides not part of NCRB as data from states were untenable: Govt

Many states and Union territories reported "Nil" data on suicides by farmers or cultivators and agricultural labourers, the Union Minister G Kishan Reddy said in Rajya Sabha

UPI transactions in July-Sep up 183% at 2.7 bn; value jumps to Rs 4.6 trn

The number of transactions done on mobile wallets was 1.04 billion, an increase of just 5 per cent over previous year period while the value of transactions in the July-September period was Rs 466 bn