Page 2083 - Economy & Policy News

FM reviews state of economy with RBI, other regulators at FSDC meet

The FSDC is the apex body of sectoral regulators, headed by the finance minister

Govt mulls setting up a regulatory authority to monitor e-commerce sector

The official in the Department for Promotion of Industry and Internal Trade (DPIIT) said that they are currently working on a policy for e-commerce sector and are examining several issues under that.

Flipkart, Amazon look out! Private buyers may purchase from GeM soon

Private buyers will be able to make bulk purchases on Government e-marketplace

Despite stalled projects, India ranks second in number of affordable homes

According to the survey, China tops the list with 74% of polled Chinese saying they can buy homes

Govt's Rs 25,000-cr boost not enough to revive stuck housing projects: Icra

Around Rs 35,000-45,000 crore would be required to fund the completion of the revised quantum of 4.58 lakh eligible dwelling units, said ICRA

Delhi govt demands more onions from Centre; doorstep sale to resume soon

Delhi Food and Civil Supplies Minister Imran Hussain on Wednesday held a meeting with his department officers to review the issue of 'sudden and unexplained' rise in onion prices

Start-ups play crucial role, giving growth impetus to economy: KPMG report

The report said the golden triangle of government, private sector and academia are important players who can provide the impetus needed to grow the start-up eco system

Open to RCEP deal if 'firm indication' given on core interests: MEA

Asked about India's stand on RCEP, MEA Spokesperson Raveesh Kumar said India's concerns and requests are available with the other 15 RCEP members.

TN received Rs 6,500 cr investment in IT/ITeS industry in last 1 year: CM

He requested the industry cooperation in establishing new IT Industries in emerging technologies

Paddy procurement issues: Left-backed farmer unions flay Chhattisgarh govt

The Bhupesh Baghel-led state government has locked horns with the Centre over procurement of paddy at Rs 2,500 a quintal, higher than the minimum support price

Irdai bars Anil Ambani-led Reliance Health Insurance from selling policies

Irdai has also asked RHICL to "ring fence" its residual assets and not dispose them of without the insurance regulator's prior written approval.

Housing projects under litigation not covered under Rs 25k cr fund: Govt

The Union Cabinet had on Wednesday approved the establishment of a 'special window' fund to provide priority debt financing for the completion of stalled housing projects.

Mining, manufacturing pull down UP's industrial output by 3.6% in Aug 2019

This is the second consecutive month that the state's industrial index has rested in the negative territory after logging a 3.6 per cent year-on-year dip in performance in July 2019

Over 12,000 villages to benefit from Rs 1,815-cr BharatNet project: TN CM

Palaniswami said the government would implement highspeed broadband service in cities at a cost of Rs 500 crore under TamilNet initiative

BPCL privatisation: Pradhan says competition could benefit consumers

It is being speculated that the Union Cabinet may take up a proposal to privatise BPCL as early as next week

The realty: Rs 25,000-crore fund can only help 6% of stalled constructions

New program announced by Finance Minister Nirmala Sitharaman on Wednesday is an improvement on a $1.4 billion real-estate corpus announced in September.

Govt considers special window for resolution of stressed NBFCs under IBC

The move also comes against the backdrop of financial sector players like Dewan Housing Finance Corporation Ltd facing troubles

Homebuyers body cheers govt's realty push, demands fund transparency

The move is likely to help 4.59 lakh housing units across the country. Only RERA-registered projects with positive networth will be provided funds.

Commerce Ministry raises issue of notices to exporters for GST 'violation'

The commerce ministry has stated that the 'overzealous revenue collection' move by Directorate of Revenue Intelligence was against exporters

A Rs 25,000 cr push: Here's how govt plans to revive the real estate sector

While the government will act as a sponsor with its Rs 10,000-crore initial contribution to the category-II AIF, SBI and LIC will provide an additional Rs 15,000 crore for the fund