Page 2075 - Economy & Policy News

DoT asks internet services providers to give audited AGR reports by Nov 28

Officials said PGCIL, Gail, RailTel, Oil India, and DMRC are likely to be sent letters for paying the AGR that can run into crores

Deadline for GST filing, returns extended to March 31; forms simplified

The earlier deadline for filing of GSTR-9 and GSTR-9C for 2017-18 was November 30, 2019, while that for 2018-19 was December 31, 2019

Retail inflation may average 4% in FY20, but RBI may cut rate: SBI report

The report said even as food CPI will remain elevated, core CPI will go below 3 per cent in this fiscal.

To meet fiscal deficit target, govt may pare its IOC stake to under 51%

The government can sell as much as 26.4% its holding in Indian Oil -- valued at about Rs 330 billion -- and still retain indirect control

Auto slowdown: Component makers, vehicle manufacturers differ on recovery

Passenger vehicle sales fell around 20 per cent year-on-year in the April to October period, first seven months of this financial year

Auto slowdown: Component makers, vehicle manufacturers differ on recovery

Passenger vehicle (PV) sales fell around 20 per cent year-on-year in the April to October period, first seven months of this financial year

China's main growth engines falter in Oct as trade war with US continues

Disappointing numbers show China off to a rough start in the final three months of 2019.

Moody's cuts India's economic growth forecast to 5.6% for 2019

"We have revised down our growth forecast for India. We now forecast slower real GDP growth of 5.6 per cent in 2019, from 7.4 per cent in 2018," it said

WPI inflation eases to 0.16% in October due to subdued non-food prices

The annual inflation, based on monthly wholesale price index (WPI), was at 5.54 per cent in October 2018

Xi to Putin, BRICS leaders rail against 'bullying' protectionism

China, Russia, India, Brazil and South Africa called for greater inter-BRICS trade and investment.

Cash in circulation rises, hindering Modi govt's digital economy push

Ratio of currency in circulation to GDP has risen to 11.23 per cent as of March 2019, putting question mark over demonetisation aim.

India world's most open, investment friendly economy: Modi tells BRICS bloc

India has political stability, predictable policy: Prime Minister tells business leaders.

BRICS Summit: Modi meets Xi, says there's new direction to India-China ties

The meeting between Modi and Xi in the Brazilian capital comes days after India decided not to join China-backed mega RCEP

Slowdown blues for liquor: Consumption took a beating in September quarter

Experts are of the opinion that though the second half of this financial year will see some recovery, volume growth is likely to remain in single digit

RBI may incentivise banks to lend more in credit-starved regions: M K Jain

For small and marginal farmers, institutional credit at reasonable costs can act as a catalyst and convert them into vibrant commercial farmers, Jain added

Goyal in US: Tariff on medical devices, agri imports dominate discussions

The meeting assumes significance at a time when New Delhi has openly backed a bilateral deal with the US - a significant change in its position

Housing inventory of 15 months in Bengaluru, 44 months in Delhi-NCR: Report

Unsold inventory overhang indicates the number of months it will take for the current unsold housing stock to get cleared in the current market scenario

Govt's clean diktat to airlines: Promote Swachh Bharat, get flying rights

This is part of Swachh Bharat Pakhwada - a 15-day drive organised by all government ministries to promote cleanliness and sanitation

Solar manufacturing tender finally receives bids after a dozen extensions

Adani and Azure Power commit double the capacity offered; new entrant Navyug Power submits bid similar to Azure

Demand for affordable, mid-segment homes to keep driving realty: Experts

The government's recent announcement to set up a Realty AIF to the tune of Rs 25,000 crore to complete stalled projects is likely to give a new lease of life to the sector