Page 2098 - Economy & Policy News

Regulation of medical devices set for overhaul to improve quality, safety

Health ministry has issued a draft notification to define all medical devices under Drugs and Cosmetics Act

India needs more reforms to be competitive: World Bank President Malpass

David Malpass says corporate tax cut should add to more growth

Telecom infrastructure in India may soon get disaster-resilient standards

CDRI is working with telecom players to ensure sector's infrastructure is less vulnerable to natural disasters

World Bank to continue with $6 bn annual lending support to India

The visiting head of the World Bank earlier in the day met Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman

Slowdown takes a Rs 4,000 crore toll on Indian Railways' earnings

The RTI revealed railways earned a revenue of Rs 13,398.92 crore from passenger fares in April-June quarter which dipped to Rs 13,243.81 crore in the July-September quarter

Tamil Nadu CM urges Centre to step in and distressed sugar industry

Wants Union govt to instruct banks and FIs to finalise debt restructuring package for industry in the State and not take harsh steps under IBC or SARFAESI Act

UP picks four developers for two expressway projects worth Rs 20,000 cr

State to save Rs 1,229 crore on civil works, owing to submission of lowest bids under competitive bidding process

Trai wants 5 MHz spectrum in premium 700 MHz band for Indian Railways

The Railways had urged the telecom department to reserve 15 MHz of spectrum in 700 MHz band

Smartphones, TV sales break records in Diwali season despite slowdown

India saw a record shipment of 4.9 crore smartphones in the third quarter of 2019, driven by new launches, discounts and various pre-Diwali sales channels

TRAI recommends 5Mhz spectrum to Railways for safety and security services

TRAI suggested that spectrum charges be levied on formula basis as prescribed by Telecom Department for Royalty Charges and Licence Fee for captive use

Job creation slows down to 1.3 mn in August from 1.44 mn in July: ESIC data

Gross enrolments of new subscribers with the ESIC were 14.9 million during 2018-19, the National Statistical Office (NSO) said in a report

Congress, JDS voice reservations against RCEP deal, threaten protests

Congress leader Siddaramaiah has demanded that government make public the contents of the proposed RCEP agreement and hold consultations before signing it

India needs more than tax cuts to become a global manufacturing hub

A shortage of skilled workers, bureaucracy and lack of adequate road and port infrastructure are key impediments investors face in India

Aluminium makers stare at consumption slowdown on auto sector stress

The prevailing economic slump and auto sector stress are likely to moderate consumption of aluminium products

Global Investors Summit 2020: UP to create 1,000-acre land bank for MSMEs

Land bank will flank expressways, industrial corridors for optimising potential

Draft rules on breeding, transporting poultry birds ready: Centre to HC

The court was hearing a batch of PILs by NGOs FIAPO and the People for Animals which have claimed that keeping egg-laying hens in small wired cages amounts to 'extreme cruelty'

Railways running 2,500 additional services to cater to festival rush

Also, augmentation of coaches in regular trains is being done to ensure berth availability during festive rush, railways said

Ahmedabad-based consultancy wins bid to redesign Delhi's Central Vista

On September 2, the Ministry of Housing and Urban Affairs had invited request for proposal from national and international design and planning firms for the ambitious project of the Modi govt

India's sluggish animal spirits signal no recovery in economic growth

Businesses are pinning their hopes on a revival in consumer demand during the upcoming Diwali religious festival in India

New normal in India's record debt sales keeps long-tenor bonds under stress

One possibility is that the size of borrowings year-on-year will remain high and there is unlikely to be a reduction in supply, says Ashish Parthasarthy, treasurer at HDFC Bank