Page 2077 - Economy & Policy News

Rupee falls to over 2-month low on weak economic data, crosses 72 a dollar

Dollar index, which measures the greenback's strength against major global currencies, rose 0.05% to 98.35

Air pollution: Punjab farmer not burning stubble to get Rs 2,500 an acre

To seek the compensation, farmers have to submit a self-declaration proforma with the panchayat concerned by November 30 for claiming compensation

Aadhaar rules eased: Migrants can change address by giving self-declaration

There was long standing demand to ease address change rule

Govt caught in no man's land as foodgrain mountains keep growing taller

The stock burden along with inadequate Budget allocations for the food subsidy and the Centre's zeal to check the fiscal deficit has worsened FCI's financial position

UP GST collection dips 12%, Adityanath raps tax officials for muted numbers

Currently, only 1.4 million traders are registered under the GST. The CM stressed the number needed to increase to 2.5 million by next financial year

Rs 1,500 crore needed to complete stalled projects in Mumbai region: Study

As many as 55,000 buyers have been affected by stalled projects in Mumbai Metropolitan Region and are awaiting completion of these projects

Govt widens scope for anti-dumping duty on jute yarn, sacks from Bangladesh

The duties are in the range of $97.19 per tonne and $125.21 per tonne

Major ports record muted performance on fall in coal, fertilizer cargo

Deendayal Port handled the most cargo among the major ports with a volume of 71.09 mt followed by Paradip at 64.46 mt

UP govt to set up biofuel plants to address issue of stubble burning

Will set up 1-2 biofuel plants in all 75 districts of Uttar Pradesh

Retail inflation surges to 4.62% in October on higher food prices

Inflation in the food basket spiked to 7.89 per cent in October 2019, against 5.11 per cent the previous month.

India's engineering exports decline 6% to $6.3 bn in Sep on global woes

In September 2019, shipment of Indian engineering products stood at USD 6.36 billion as against USD 6.77 billion in the same month last fiscal.

BRICS Summit to enhance cultural and economic linkages, says PM Modi

This will be the sixth time Modi is participating in the BRICS summit, his first being at Fortaleza, also in Brazil in 2014

Onion prices: Govt extends relaxed fumigation norms for imports to Dec 31

Traders who have imported onions without fumigation or having endorsement of such treatment on phytosanitary certificate will be allowed to fumigate in India through an accredited treatment provider

Vedanta's Odisha SEZ seeks govt approval to procure petroleum coke locally

Vedanta, an SEZ unit in Vedanta SEZ was granted letter of approval in April 2009 for manufacture of these products. The unit had commenced production in December 2015.

Are India's existing FTAs as detrimental to its interest as RCEP?

The basic building bloc of the proposed RCEP - the Asean FTA - continues to be one-sided

Retro tax to AGR, telecom cash grab imperils foreign investment into India

The fund-starved government expects operators to cough up more at 5G auctions next year. How long can the Birla boss hang in?

Revenue situation rules out further tax sops for the individual taxpayer

Even tax cuts in 2020-21 could be a difficult proposition as officials dismiss reports of relief for salaried class and scrapping of DDT and LTCG

Economic slowdown, falling industrial demand hurting power consumption

Gujarat saw 1.1% fall in demand, Maharashtra 2.63% in April-September period

Crackdown on cattle smuggling: Boon for Bangladesh, burden for West Bengal

While Bangladesh has become self-sufficient by focusing on local breeds, West Bengal has now been saddled with more livestock than it can handle

Why economists watered down India's July-Sept growth estimate to 4.2-4.7%

State Bank of India (SBI) joins global agencies such as the ADB, World Bank, OECD, RBI and the IMF in downgrading India's FY20 growth rates