Page 2160 - Economy & Policy News

Andhra Pradesh stares at slowdown after govt applies brakes on Amaravati

Chief minister Y S Jagan Mohan Reddy ordered to stop all those capital city-related contracts that have less than 25 per cent progress

AIC enters coinsurance deal with 3 public sector insurance firms for PMFBY

Under the scheme, while AIC will use offices, manpower and rural reach of the three companies, it will offer 12.5 per cent of the premium collected to each of the three companies

For the first time in FY20, RBI becomes net seller of dollars in July

During the reporting month, the Reserve Bank had purchased $1.592 billion but sold $1.685 billion in the spot market

No tatkal, free insurance of Rs 25 lakh: IRCTC's many firsts for Tejas

The Delhi-Lucknow and Mumbai-Ahmedabad Tejas Express trains will be the first trains to be run by the IRCTC

Railways defers 15% freight surcharge, ups number of rakes for auto sector

For the beleaguered auto sector, which is looking to cut costs, the railways has decided to offer more rakes for the transportation of automobiles

After Amazon, Uttar Pradesh govt to partner Flipkart and Alibaba

Adityanath government to onboard ecommerce platforms to promote MSMEs

RCEP issues can be solved by November: Australia trade negotiator

Sources have clarified that seven of the 20 negotiating chapters in the deal, while discussions on two more are technically completed

CPI inflation rises marginally to 3.2% in August on back of food prices

Among the food items, the sharpest YoY uptick was for vegetables at 6.9%, pulses and products at 6.94%, and meat and fish at 8.51%

Bank unions to go on two-day strike from Sept 20 to protest mega merger

The government has identified four state-run banks- Punjab National Bank, Canara Bank, Union Bank of India and Allahabad Bank for the merger process

Mumbai-Ahmedabad bullet train fare to be around Rs 3,000, says official

The present estimates suggest that the cost of the entire project would be Rs 1.08 trillion

Industrial production growth at 4.3% in July, August CPI at 3.21%

Retail inflation inched up to 3.21% in August compared to 3.15% in July

Why is BJP govt so confused on economy: Priyanka on 'Ola-Uber' remarks

The Congress has been attacking Sitharaman for her remarks saying it reflected the "inefficiency, immaturity, and inexperience" of the BJP in governance

Govt to release norms for forex credit to exporters at affordable rates

Commerce and Industry Minister Piyush Goyal said that the ministry was waiting for Finance Minister Nirmala Sitharaman to take a call on some of the issues on export credit

While jury's out on millennials, used cars partly to blame for auto slump

New car sales suffered their biggest monthly decline on record in August, as deliveries fell 41% from a year earlier to 115,957 units

Concrete economic plan needed, not foolish theories on millenials: Rahul

Gandhi's attack on the government comes two days after FM Nirmala Sitharaman said that the slowdown in the automobile sector was due to many factors, like the change in the mindset of millennials

Demonetisation followed by faulty GST led to this slowdown: Manmohan Singh

The first step to fix it is to acknowledge that there is an economic slowdown, says the former Prime Minister

New traffic rules face resistance from states, even from the BJP ruled ones

BJP-ruled Gujarat and Uttarakhand have announced cuts in hefty fines for traffic violations under new rules

Flyers to be under watch at airports for signs of nervousness, anxiety

A team of 50 officials being trained by the US to spot clues for malicious intent

Any agreement on RCEP deal to be based on national interests: Piyush Goyal

Goyal says free trade pact can't be held hostage by one or two domestic industries

Slowdown blues for electrical equipment industry as Saubhagya ends

In Q1FY20, sales growth of transformers fell 7%, transmission lines 8%, capacitors by 29%