Page 2094 - Economy & Policy News

India exported Rs 5,151-crore organic products in FY19, says APEDA

The total volume of export during 2018-19 was 6.14 lakh MT

Economic slowdown 'temporary', reforms undertaken to reverse trend: Ambani

Indian economy has seen growth rate decline in each of the past five quarters

Rumour of cyber attacks on Kudankulam nuclear unit baseless: NPCIL

Any Cyber attack on the Nuclear Power Plant Control System is not possible, says R Ramdoss, Training Superintendent & Information Officer

PM Modi invites global investors to benefit from India's start-up ecosystem

The Prime Minister reiterated his government's commitment to make India a $5 trillion economy by 2024

India to invest $100 bn in refining, pipeline, gas terminals by 2024: PM

Prime Minister Narendra Modi is attending the Future Investment Initiative, dubbed 'Davos in the desert', in Saudi Arabia

Job confidence, not tax cuts, will help boost consumption spend: DBS

The govet had last month announced a ten percentage point cut in corporate taxes, to get Indian levies at par with others, to spur investments.

More pain for Andhra Pradesh construction sector as sand shortage persists

With flooding of major rivers extending the shortage, the price of a truck-load of sand (10-12 tonnes) has risen to over Rs 50,000 in the black market

Just contributing money is not what govt expects through CSR, says Srinivas

What we urge upon you (companies) is proactive participation and not passive participation, said Corporate Affairs Secretary Injeti Srinivas

Markets abuzz with speculation on personal income tax rate cut: Report

Markets are divided on the timing of such a move, said DBS report

Gas and ATF likely to be brought under GST soon, says govt source

Experts said that the ATF price would come down if it is kept in the 18% GST bracket

Wooing investors: UP to rank districts on 'Ease of Doing Business' matrix

Last year, the state was placed 12th; Andhra Pradesh, Telangana were placed on top

Govt forms secretaries' panel on steps to ease financial stress in telecom

The government is constituting a Committee of Secretaries (CoS) under the Cabinet Secretary

In a bonanza for stock markets, govt may scrap DDT, review LTCG slabs

The LTCG was introduced in the 2018 Budget after more than a decade with a tax of 10 per cent on an amount above Rs 1 lakh

Experts call for multiple GST rate cuts in India citing Singapore example

Singapore has only one tax rate under GST- seven per cent -- on taxable goods and services while India has multiple slabs to charge the indirect tax

After Jio's 4G and optical fibre, RIL to build $24 bn e-commerce giant

A series of capital transfers would make Jio, which already has capital of 650 billion rupees, almost debt free by March 2020, the parent said on October 25

IEX eyes new tech-based opportunities for next level of efficiency

IEX is the biggest player in spot energy trading with a share of 97 per cent, and with participation of over 6,500 players

Global economic outlook dependent on path laid by nations like India: PM

Earlier this month, the International Monetary Fund (IMF) has downgraded its outlook for the world economy, predicting that the growth this year will be the weakest since the 2008 financial crisis

Coal supply crunch may spoil govt's dream of $5-trillion economy by 2024

The total coal requirement 2021-22 and 2026-27 has been estimated as 735 million tonne (mt) and 877 mt, respectively, including imported coal of 50 mt

India remains vulnerable to credit and debit card frauds despite measures

India was ranked among the top five countries globally that are vulnerable to credit card fraud, according to the 2016 Global Consumer Fraud Report

Spike in gold smuggling via SEZs under lens; PMO seeks Customs report

The report should contain details about official gold imports, its usage in the domestic market, smuggling trends, possible curbs to mitigate the negative impact of gold imports on the trade deficit