Page 2089 - Economy & Policy News

India-led South Asia moving towards center of global growth: IMF

Notably, under the IMF's geographical division of the world, South Asia does not include Afghanistan and Pakistan. For IMF, South Asia includes India, Bangladesh, Nepal, Sri Lanka, Bhutan

Firms bet on foreign investments amid deepening economic slowdown

According to the Reserve Bank of India figures, outward FDI by India Inc was up 38 per cent in 2018-19 (FY19) to $12.6 billion

Explained: How Tata Steel put its soul into debt-laden Bhushan Steel

The first of a four-part series takes a look at how erstwhile Bhushan Steel is faring as Tata Steel BSL under a new command

Asean Summit: India, Thailand decide to boost defence sector, trade ties

Modi arrived here on a three-day visit on Saturday to attend the ASEAN-India, the East Asia and the RCEP summits.

RCEP meet: Despite concerns of dumping by China, CII bats for deal

Not being part of the RCEP will hinder investments from many countries, thus halting its efforts to increase its integration into regional and global chains, CII said.

PM says will further improve tax regime to attract overseas investment

Attracting new investment is key to creating jobs and boosting growth in the economy, which slowed to a six-year low growth rate of 5 per cent in the quarter ended June

Suspense over RCEP deal continues as India comes up with fresh demands

Indian Prime Minister Narendra Modi did not even mention the RCEP deal in opening remarks at a meeting with Southeast Asian leaders

Indian ships to ban single-use plastic on board from January 1

Not only a large number of single-use plastics will be prohibited to be used on board Indian ships but will also be banned in foreign ships when in Indian waters

Power gencos' outstanding dues on discoms rise 37% to Rs 70,000 cr in Sept

In September this year, total overdue amount, which was not cleared even after 60 days of grace period offered by generators, stood at Rs 52,408 crore as against Rs 34,658 crore in the same month last

Private Cos pull out of PM crop insurance scheme due to unviable biz model

ICICI Lombard General Insurance, Tata AIG and Cholamandalam MS General Insurance, have pulled out of the Pradhan Mantri Fasal Bima Yojana

Fintech firms hire 700,000 people who lost jobs in slowdown-hit sectors

The tenure of such jobs is about 6-8 months, with Amazon and Flipkart creating the primary demand for labour

RCEP members await India's approval as it bargains hard for concessions

Deadline set to be extended by a few months

Chhattisgarh at loggerheads with Centre over paddy MSP, pool quota

Central govt rejects state demand saying norms can't be changed only for Chhattisgarh just to accommodate the higher procurement price it was paying farmmers for paddy

Multiplexes' revenue from convenience fee rises as online ticket sales grow

Data analysed by SBICap Securities show revenue from convenience fees has grown at a compound annual rate of 85 per cent for multiplex chain operator Inox Leisure and 58 per cent for PVR

Odisha woos IT firms as it aims to become hub for next phase of expansion

The state government is keen to rope in IT and BPO (Business Process Outsourcing) firms who are keen to expand footprint but mindful of the costs of organic growth

Locals participate to create Odisha's first eco village on Mahanadi banks

All 35 households in Muduligadia switched to LPG as cooking fuel, common dustbins put up for garbage collection, use of toilets end to open defecation

Tamil Nadu govt attracted Rs 5,541-crore investments from MSME sector

Chairman of CII Tamil Nadu council S Chandramohan said the trade body has been taking initiatives to support MSMEs' growth

Seamless link between North-east, Thailand to boost trade: Modi in Bangkok

OCI card holders can enrol for NPS; 1,000 youth from Asean nations to get post-doctoral seats in IITs

Sonia Gandhi attacks govt on RCEP, says it will deal 'body blow' to economy

She also said, instead of acknowledging the "severe slowdown" and looking for a comprehensive resolution, PM Narendra Modi is too busy "managing headlines and events"

PM Modi arrives in Bangkok on three-day visit amid focus on RCEP talks

On India-ASEAN summit, Modi said the focus will be on deepening economic partnerships