Page 2066 - Economy & Policy News

Alcohol prohibition in Andhra? Jagan govt to shut 40% of the state's bars

The YSR Congress Party (YSRCP) government also proposes to increase liquor price in bars to further discourage its consumption

Trade disputes' fate hangs in balance with top WTO body about to lapse

Dispute settlement mechanism will break down as the 7-member appellate body becomes defunct on Dec 10

Govt has no plans to revise fiscal deficit target, says MoS Finance Thakur

Thakur also listed out the steps taken by the government to boost economic activities.

Govt plans to open 1,000 new Janaushadhi Kendras by FY20: Minister Gowda

As on November 11 this year, 5,754 Janaushadhi Kendras are functional across the country

Cabinet panel to soon take up proposal to pare majority govt stake in PSUs

BPCL will be a key to achieving the divestment target, of which only Rs 17,364 crore is met so far

NITI Aayog hasn't rejected offer to bring medical devices under CDSCO: Govt

It also proposes a penalty of up to Rs 1 crore on the manufacturers or importers for faulty medical devices having adverse impacts on patients.

High festive-season discounts bring much-needed respite to auto dealers

Retail sales of passenger vehicles - largest component of the pie - jumped 11% in Oct

Trump's HR 170 Bill, higher visa fees may land Indian IT cos in trouble

Proposed regulations like HR 170 and doubling of visa fees have increased the burden on local technology firms

India talent lures firms to expand their global in-house centres

Historically, companies in regions such as North America and Europe have been dominating the shared services/GIC space in India

Food Corporation of India has borrowed Rs 2.19 trn till Oct-end, says govt

For 2019-20, the budget estimate for the FCI is Rs 1,51,000 crore, of which Rs 1,06,000 crore has been released till November 15, he added.

Finance panel may reject Rs 835-bn package to help fight air pollution

Emissions from power plants are one of the biggest causes of the chronic smog now seen in New Delhi

Hydel power output up 16% in FY20; non-fossil fuel's share at record high

Power Minister R K Singh said electricity generation in India rose 7.4 per cent in the first quarter ended June 2019, and 6.7 per cent in July

Cabinet may consider proposal to lower govt stake in CPSEs to less than 51%

Such a move is possible by amendment to Section 241 of the Companies Act

Auto sector slowdown a cyclical issue; govt taking steps: Prakash Javadekar

Minister of Heavy Industries and Public Enterprises Prakash Javadekar said the sector is facing a prolonged downturn due to various reasons

27 mn workers in 18-30 age group given MNREGA jobs in four years: Govt

In 2015-16, 7.27 million individuals in the age group of 18-30 years worked under the scheme and this was 10.07 per cent of the total individuals that worked in the age group

Govt, SBI, LIC to provide Rs 25,000 cr fund to stalled housing projects

This will finance 1,600 stalled housing projects comprising 4,58,000 housing units across the country

Rs 25,000-crore realty corpus: Experts worry over implementation

According to experts, technical teams that will be evaluating and monitoring the unfinished projects will have to consider projects that are booked or at least have a significant chunk sold out

Govt asks homebuyers to approach lenders for revival of their loans

Homebuyers of projects from Jaypee Infra and Amrapali group, among others, will not be able to avail of this fund

Govt plans to set up dedicated platform to promote agriculture start-ups

Small Farmers Agribusiness Consortium Managing Director Neelkamal Darbari said the role of agri startups comes at the pre-harvest stage

CM Adityanath seeks report as NGT slaps Rs 280-cr penalty on UP tanneries

The UP chief minister has asked the state chief secretary to convene an urgent meeting