Page 2127 - Economy & Policy News

April-August fiscal deficit 78.7% of Rs 7.04 trillion FY20 target

The deficit was at 86.5 per cent of the 2018-19 Budget Estimate (BE) in corresponding month a year ago

Core sector output declines by 0.5% in August vs 4.7% growth a year ago

Coal, crude oil, natural gas, cement, and electricity recorded a negative growth of 8.6 per cent, 5.4 per cent , 3.9 per cent, 4.9 per cent and 2.9 per cent, respectively, in August

Govt cuts gas price by over 12%, first such rate reduction since April 2017

The government cut the price of gas produced from difficult fields to $8.43 from $9.32, the PPAC notification said

Despite soaring gold import, lower crude narrows CAD to 2% in Q1

In the year-ago period, CAD had printed at 2.3 percent of GDP or USD 15.8 billion

Power sector to save Rs 2,500 cr annually due to corporate tax cut: ICRA

Also, state-owned power generating companies and power transmission companies, would be benefited from the lower tax incidence

UP sugar mills demand abolition of molasses quota for distilleries

Private millers lament industry subsidising Rs 350 crore to liquor manufacturers

Real GDP growth likely to be 5.2% this fiscal amid slowdown blues: Report

India's economic growth has slumped for the fifth straight quarter to an over six-year low of 5 per cent in the three months ended June

How 3 Gujaratis have come together to attempt to spin gold out of garbage

NEPRA collect waste from registered rag pickers, input their items in the app and pay them a fair price. The entire process is monitored, live tracked and controlled from the company's support office

Indian Railways plans separate pricing mechanism for steel rails

Indian Railways had in 2018-19 procured 100,000 tonnes of rails from Jindal Steel & Power (JSPL), the first from the private sector in at least three decades

Bills for pills: Antibiotics could be govt's next segment for price cap

Centre likely to consider rationalising trade margins

Why the festival season may not bring much cheer despite tax cuts by govt

Car sales in August fell the most on record and Maruti Suzuki India Ltd

Soon, you may track live status of private and public sector infra projects

This is the first time that the government will list out specific projects from the private sector as part of its responsibility to get them going

From Dabur India to Flipkart, companies try to wean off plastics

Dabur is working with nearly 5,000 ragpickers to collect plastic waste, besides recycling PET waste to make T-shirts and other products that can used in internal events

Saudi Arabia to invest $100 billion in India, eyes long-term partnership

Vision 2030 of Crown Prince Mohammed bin Salman will also result in significant expansion of trade and business between India and Saudi Arabia

IRCTC IPO: A robust growth outlook, attractive valuations are key positives

IRCTC has had healthy revenue growth of 27.4 per cent in FY19, while the same over FY17-19 averaged 11 per cent

Steel industry seeks booster for demand revival amid economic slowdown

Against this backdrop, says the industry, the corporate tax cut announced by the central government is not going to change much for now

Economic slowdown: Realtors slash ad spends by over 50% as sales plunge

Real estate have moved a portion of their ad spend to the digital space to cut cost

Govt may seek Rs 30,000 crore interim dividend from RBI, says report

Last fiscal, the RBI paid Rs 28,000 crore as interim dividend

Science, tech streams in higher education are losing students' preference

There are about 140 million people in the 18-23 age group in the country as of 2018-19, but only 26 per cent of them actually take up education

Govt to launch enterprise development centres for MSMEs in all districts

Aimed at developing a cadre of indigenous entrepreneurs in the MSMEs, the EDCs will be similar to incubators for start-ups, according to a official documents reviewed by Business Standard