Page 2053 - Economy & Policy News

When telecom stood for pass to windfall gains, and not financial stress

Looking back to a time when the biggest telcos and funds from across the world queued up with top dollars, many in the Indian telecom business rose up the rich list, and how

15th Finance Commission may submit interim report to President on Saturday

Report expected to recommend devolution for FY21

At least 100 petrol pumps, 5% in remote areas: New liberalised fuel policy

The government had last month relaxed norms for setting up petrol pumps, allowing non-oil companies to market fuel in the world's fastest growing market

Service sector can help govt achieve target of $5 trn economy: Goyal

He emphasised that these two sectors need to work together, as without services, manufacturing cannot succeed and without manufacturing, services cannot grow

India has strength in design but outpaced in IP registrations: Tharoor

Referring to India's Mars orbiter Mangalyaan, he said it was made in the budget which was less than that of Hollywood movie Gravity and showed how Indians can embrace frugality to design

Kolkata metro fares to be hiked for first time in 6 yrs: Know the new rates

The new fare will come into effect from December 5, West Bengal CM Mamata Banerjee announced

Railways restores train services in Kashmir Valley after security audits

Train services in the valley were suspended on August 3, ahead of the Centre's decision to abrogate Article 370

In fifth such crackdown, govt retires 21 more 'corrupt' tax officers

CBDT compulsorily retired 21 Group B officers of the rank of Income Tax Officer under Fundamental Rule 56 (J) in the public interest due to corruption and other charges and CBI traps

FasTag in fast lane after demonetisation

77% surge in enrolment for e-tolling after November 8

NHAI to issue 200,000 FASTag by March 2017

FASTag offers near non-stop movement of vehicles through user plazas and cashless toll fee payments

Electronic toll collection mechanism at all toll plazas from Dec: Gadkari

Gadkari said the revenue generation through FASTag system is pegged at Rs 10 crore at present

Paytm Payments Bank's FASTag to make highway travel easier

Last month, the govt had said from December 1 it would be mandatory for automobile manufacturers or authorised dealers to fix FASTag devices on the windscreens of all new four-wheelers

Rupee sees 2-week high of 71.50 against dollar on foreign fund inflows

The rupee gain was further strengthened by weakening of dollar against the key rival currencies.

Centre planning to come up with lottery scheme for GST paying customers

Once the consensus at officers level is reached then it will be put before GST Council meeting

HAM, TOT, FASTags initiatives by govt shift focus back to road projects

Thrust on technology has put the spotlight back on road projects

Vehicle tracking systems, FASTags a must for CVs seeking national permit

The proposed amendment also provides that driving licence and pollution control certificates can be carried in physical or digital form

NHAI to popularise FASTags: Soon you may buy them at a petrol pump near you

The tag employs RFID technology and is affixed on the vehicle's windscreen after the tag account is active

Gadkari tells NHAI to deploy best tech for success of FASTag project

The FASTag programme is being implemented pan-India to remove bottlenecks and ensure seamless movement of traffic

NHAI to start electronic toll collection with FASTag before deadline: Govt

The National Electronic Toll Collection (FASTag) programme has been implemented nationally to remove bottlenecks and ensure seamless movement of traffic

Pay double toll from Dec 1 for using FASTag lane without tag: Gadkari

He said 537 toll plazas have become 100 per cent electronic toll collection compliant including 17 where FASTags will be read through hand-held devices