Page 2055 - Economy & Policy News

1.2 million new jobs created in September 2019, show ESIC payroll data

Gross enrolments of new subscribers with the ESIC were 1.49 crore during the entire 2018-19 fiscal, the National Statistical Office (NSO) said in a report

Only 61% households used LPG for cooking as of Dec 2018, shows NSO data

Only 48.3 per cent of the rural households used LPG, while the figures were much higher in urban areas at 86.6 per cent, according to the NSO report

Now, onion tears for West Bengal as retail price hits Rs 100 a kg

Onion had been selling at Rs 70-80 a kilo over the past couple of weeks

Govt may amend IBC, go for buyer protection and stricter homebuyers' norms

In October, Corporate Affair Secretary Injeti Srinivas said the ministry is mulling setting up of a threshold for home buyers for starting insolvency proceedings against real estate developers.

Gross NPAs of SCBs decline by 98,000 cr to Rs 9.38 trn by June: Govt

Gross NPAs of SCBs, which stood at Rs 10,36,187 crore on March 31, 2018, declined by Rs 97, 996 crore to Rs 9,38,191 crore as on June 30, 2019

India's overall paper consumption likely to increase to 24 MT in FY'25

The industry is witnessing a transformation and several industry leaders are investing in capex to expand their capacity to meet the expected demand growth

Govt panel constituted to look at relief package for telcos disbanded

In October, the government had constituted a CoS, headed by Cabinet Secretary Rajiv Gauba, to explore a financial bailout package for the telecom sector

Heat is on for refractory, sponge iron, re-roller firms: CRISIL SME Tracker

Moderation in demand led to a fall in steel prices, adversely affecting SMEs

Harsimrat-led panel clears Rs 271-cr projects to boost food processing

While clearing the new projects worth Rs 270 crore, Badal has given focus on rural areas and generating direct employment

Poor project management in building office by NHAI blocked Rs 44 crore: CAG

The government watchdog, in its 'Audit Report on Union Government (Commercial)-Compliance' has also said that NHAI made avoidable payment of Rs 11.79 crore on rent

Goa to follow Gujarat model to implement amended Motor Vehicle Act

The Transport Minister said that wherever possible he would try to approach the issue practically and like Gujarat slash some of the steep fines

Striking Maharashtra farmers return to mandis, onion supply still low

Onion supply in Nashik low but is expected to normalise in a couple of days

Devendra Fadnavis sanctions Rs 5,380 cr for untimely rain-affected farmers

Fadnavis also chaired a meeting to discuss the proposed 'Climate Resilience Improvement and flood & drought Management Program' with representatives from the World Bank

Implementation of central schemes in Delhi is underwhelming: Hardeep Puri

"Delhi is on all (central government) schemes that I am aware of. It is underperforming and in many cases, it is a non-performing government

Mobile data traffic to triple in India by 2025, reach 22 exabytes: Ericsson

One EB is equivalent to one billion gigabytes

Maharashtra cooperative mills seek release of pledged sugar held with PSBs

Indian mills expect sudden spike in global sugar prices to persist due to drought in Brazil, giving India a fair chance to achieve 5 million tonnes of sugar export quota this year

Maharashtra sugar mills plead Centre to revisit stock holding limit

Appeals rescheduling of loan due to weak financial condition

Sugar production drops by 27% in Maharashtra as mills close early

Drop in production could prompt the world's second-biggest consumer to allow duty-free imports

Maharashtra sugar mills to start crushing on Sat amid cane payment concerns

Mills in Uttar Pradesh, however, are waiting for the cane to mature and hope to start crushing around Diwali

CoS on telecom relief package for SC's AGR ruling disbanded: Govt source

In October, the government had constituted a committee of secretaries (CoS) - headed by Cabinet Secretary Rajiv Gauba - to explore a financial bailout package for the telecom sector