Page 2148 - Economy & Policy News

More space on monetary side than fiscal for boosting growth: Sanjeev Sanyal

Economic growth hit over six-year low of 5% for the first quarter ended June 2019 mainly driven by demand slowdown

FDI in coal mining requires better pricing, logistics and regulation

The ministry of coal's five-year vision plan for FY19-24 did not accounted for any production from commercial miners

Finance ministry clears NITI Aayog's artificial intelligence proposal

NITI Aayog had been asking for Rs 7,500 crore for three years to set up an AI framework

Power, mining take UP's industrial output past India average in June

State achieves 3.2 per cent growth, compared with India's industrial growth of 2 per cent.

Conversion of sugar into ethanol could take time to show results on ground

The 2019-20 sugar season starts from next month and the peak crushing will happen in the first five-six months

India's healthcare system might struggle to keep pace by 2030, says report

Doctors are looking for multiple types of support to manage the complexity-with 85 per cent of doctors upgrading their own clinical skills

Over 6 crore EPFO subscribers to get 8.65% interest for 2018-19: Gangwar

At present, the EPFO is settling PF withdrawal claims at 8.55 per cent interest rate, which was approved for 2017-18

Why it may take a while before conversion of sugar into ethanol takes off

Storage issues, financial health of mills are seen as some of the immediate impediments to the process

FinMin plans to release unspent money, boost demand amid economic slowdown

To look at fiscal deficit of entire country before starting pre-Budget consultations, cut off-Budget borrowings

RCEP: India is dangerously close to being an also-ran on trade and growth

For it to have any hope of employing the millions of young people graduating its schools every year, India's turn to protectionism must be reversed

Global investors bet $45 bn on Modi's India. Now they are reversing it

International money managers are starting to fall out of love with Narendra Modi

With Rs 178 as minimum wage, new Wage Code will push migrants into poverty

The landmark Code on Wages, which was passed on August 2, 2019, will have many consequences for the lives and livelihoods of millions of India's migrant workers who

Saudi drone strikes: Oil price surges, but govt plays down supply concerns

No supply disruption, says Pradhan; OMCs see margin impact if situation persists

Commerce ministry to close State Trading Corp, Project and Equipment Corp

At a recent high-level meeting in August, it was decided to immediately initiate the process of winding up of both the public sector units under the administrative control of the ministry, they added

Ravi Shankar Prasad asks Apple, Samsung to help us become e-export hub

He said his ministry and NITI Aayog would in the next two to three months work with them on incentives for the sector

KKR India picks up nearly 10% stake in CG Power by enforcing pledge

KKR India Debt Opportunities Fund II and KKR India Financial Services Ltd acquired a total number of over 6.26 crore shares or around 10 per cent stake in CG Power

Govt's online system to monitor steel imports amid criticism from industry

The Steel Import Monitoring System (SIMS) will provide advance information about steel imports to both the government and stake holders

Public sector banks seek relaxation on risk weight for NBFC loan purchases

Banks have to set aside capital for loan exposures

NHAI to put existing highway projects under infrastructure investment trust

It is learnt that the National Highways Authority of India (NHAI) would prefer brown-field projects over greenfield contracts for InvIT

Govt reveals slew of measures to increase export credit to 30% in FY20

The commerce department clarified that the ECGC would cover not only outstanding principal of loans but also unpaid interest