Page 2056 - Economy & Policy News

Govt's privatisation plan may end complex cross-holding in oil PSUs

According to reports, all oil sector PSUs would be asked to exit from their investments made in equity shares of other state-owned entities

Odisha topples Maharashtra in attracting new investments in H1 FY20

Corners 18% of virgin investments drawn by all states, compare to Maharashtra's 16%

RCEP offer 'was not as much as our aspirations', says FM Sitharaman

She also said that she held discussions with credit rating agencies on their methodology to assess risk

India's urban unemployment rate drops to 9.3% in Jan-Mar 2019: Govt data

For women, the UR was at 11.6 per cent during the reported period as against 12.8 per cent during April-June 2018.

Govt releases 5 survey reports after uproar, holds back study it junked

Scholars across the world had appealed for the survey reports, including one on household consumer expenditure.

Londoners opt to live in canal boats as housing properties costs skyrocket

Even with Brexit holding down price increases, London homes averaged more than 609,000 pounds in November, about 20 times the cost of a secondhand 60-foot narrowboat.

Auto sector may spend Rs 17,000 cr on capex till FY21 despite slowdown

Projected capex will largely be towards BSVI transition, international expansion

Urban jobless rate down to 9.3% in Q4FY19, lowest in at least four quarters

The fall in the unemployment rate, by weekly status methodology basis, came as employment among regular wage employees and a section of self-employed workers increased during the period

IRCTC serves notice to 47 private caterers, asks them to improve food

Those served notices amount to 13 per cent of the total onboard catering contracts numbering 358.

Why India should ensure its privatisation programme is transparent and fair

NDA government recently approved the selling of the entire stake in BPCL, Shipping Corp. of India Ltd. It also approved selling a controlling 30.8% shareholding in Container Corp. of India Ltd

Data Protection Bill may face WTO hurdle as industry holds its breath

The Bill has been in the works since the past one and half years. A draft of the Personal Data Protection Bill had been made public by the ministry of electronics and information technology

$5-trillion GDP needs 12.4% nominal growth a year, says NITI Aayog

This is 0.4 percentage points higher than estimated by the Economic Survey for 2018-19, owing to a slowing economy

Will work with gems, jewellery industry on import duty demand: Piyush Goyal

He also asked the industry to follow legal practices such as doing digital transactions to enhance the integrity of the sector

Need to institutionalise state finance panels: RBI Governor Shaktikanta Das

He said fiscally strong states and Centre is the "essence" of Indian federalism and weakness at either end poses a slew of challenges for the country

Extended rains lower acreage in rabi season; sowing of gram down 22%

According to most market participants, with the ideal time for sowing chana nearing its end, final output could get impacted unless there is a big jump in acreage in the next few weeks

Finance commission chief Singh blasts frequent tinkering with GST rates

He also pitched for a rationalisation in Centrally- sponsored schemes, and blamed the government for not clearly defining the role of the Niti Aayog

States' fiscal health falling apart over shortfalls in GST compensation

States are indeed facing shortage in cash flow to run the administration and finance their schemes, as well as capital spending

Manufacturing to meet 58% of durables demand by FY25 despite bumps: Report

The growing middle class and a youth-driven economy will further increase penetration of white goods in local households and have potential to open up 150,000 additional jobs by 2024-25

Govt is working on an integrated gold policy, says FinMin official

The policy is aimed at promoting growth of the yellow metal industry and exports of jewellery

Global bond market looks to Modi with promise to finance India's growth

China's phased entry into several key bond gauges this year provides India with a template that could be shaped to its needs