Page 2052 - Economy & Policy News

Govt to introduce real-time power market from April 1, says CERC chairman

The main purpose of introducing real-time power market is to deal with the renewables interference and better portfolio management by discoms, gencos and other consumers.

Parliament Winter Session: Lok Sabha passes Bill to ban e-cigarettes

The Prohibition of Electronic Cigarettes (Production, Manufacture, Import, Export, Transport, Sale, Distribution, Storage and Advertisement) Bill, 2019, seeks to replace an ordinance issued on Sept 38

Well aware of shortcomings in data quality: Govt tells Parliament

During the Question Hour, Congress member Shashi Tharoor said the country is facing statistical crisis

Proposed changes in IT rules will lead to over-censorship, warns Mozilla

The comments come after the government last month disclosed plans to amend the IT rules

Govt has no plans to link social media accounts with Aadhaar: Prasad

Prasad said Aadhaar is based on three core principles of "minimal information, optimal ignorance and federated database"

Social media payment infrastructure likely to consolidate into UPI

Social media payments would become a mainstream offering within the next 12-18 months

New plan to woo investors: Govt may exclude $7 billion of Air India debt

A spokesman at India's finance ministry, which handles assets sales, was not immediately available for a comment

RBI to use social media platforms to demystify banking to youths

The focus is on "two-day communication" with the public which is anchored by "transparency, timeliness and credibility"

Now, an Instagram post of your new car, watch may lead taxmen to your door

The dept will analyse mismatches in income declarations and spending patterns to trace tax evasion

Govt bans 735 social media URLs, 596 websites till June 2017 under IT Act

Instances of misuse of web/social media in the country have come to the notice of the government

Crude steel output in India dips 3.4% to 9.08 million tonne in October

The country had produced 9.408 MT crude steel during the same month a year-ago, the global industry body said in its latest report.

Need 3 more months to finalise rules on social media misuse: Centre to SC

The court, in the last hearing, had asked the govt to come up with norms in 3 weeks

Slow growth, infra spending in India to keep states' deficit high: Moody's

The government is facing growing challenges in meeting its medium-term fiscal consolidation goals amid a slowing economy, which has been driven by a combination of both cyclical and structural factors

Is India's cheap food programme making the poor spend less on food?

The implementation of National Food Security Act has halved the monthly food grain expenses of 75 per cent of India's rural population

Why finance panel may ask the govt to overhaul, reduce central schemes

Centrally sponsored schemes are funded by Centre and states combined, as opposed to central sector schemes which are funded wholly by the Centre

Infrastructure needs Rs 235-trillion investment in 10 years: CRISIL

The projection for overall infrastructure is more than double the Rs 100 trillion the BJP in its election manifesto had promised to invest in this over the next five years

Policyholders likely to gain as Irdai proposes changes to motor policy

For partial loss claims, age-wise depreciation has been recommended, wherein if the vehicle is less than a year old, the depreciation will be 10 per cent

States' GST compensation may need to be extended beyond 2022: Report

Serious inconsistencies in data make revenue projection problematic

Risk of undercapitalisation for state-owned institutions: Nobel winner

The issue of undercapitalisation could be dealt with through the new bankruptcy code which could help recovery of capital, and have the same effect as recapitalising them, he said

RBI deputy guv M K Jain flags concerns over rising stress in Mudra loans

Banks need to focus on repayment capacity at the appraisal stage and "monitor the loans through the life cycle much more closely, said M K Jain