Page 2162 - Economy & Policy News

P K Mishra is new principal secy to PM, Sinha appointed principal advisor

Mishra was the additional principal secretary to the prime minister and was holding the rank of a Cabinet minister

How to know if Indian economy is reviving? Keep an eye on this stock

Eating out is one of the first expenditures that consumers reduce when the economy slows, but restaurants are also the first to benefit when sentiment turns around

Govt's move to bring in ordinance for e-cigarette ban confuses traders

The move has also divided tobacco growers, some of whom have supported the ban on these devices, while others claim e-cigarettes will ultimately lead to better realisations for farmers

EV no answer to air pollution: Chicago professor Michael Greenstone

Michael Greenstone is currently helping Gujarat, Maharashtra tackle pollutants

Year-long debt crisis hits plans for bigger Indian corporate bond market

Opening up India's corporate bond market to more issuers and investors is an important part of Modi's pledge to develop a $5 trillion economy by 2024

Govt will respond to automobile industry's demand, says FM Sitharaman

Car companies' demand for a tax cut will be decided at the GST Council's meeting in Goa on September 20, says the finance minister.

Economists paint a grim picture, lower India's FY20 GDP growth forecast

Earlier, their predictions were close to 6.8%, which was recorded in 2018-19

Steel import rules restrictive despite economic slowdown, says EEPC

While compulsory registration will monitor steel product inflow into the country, the specifications seem unwarranted, the engineering exporters' body said

India to review Asean free-trade agreement amid rising imports fear

The decision was taken during a meeting between Commerce and Industry Minister Piyush Goyal and Thai Deputy Prime Minister and Commerce Minister Jurin Laksanawisit, representing Asean, in Bangkok

Govt's big plan to push EVs: Rs 40,000-crore subsidies in the works

The proposed move is expected to benefit micro, small and medium enterprises

RBI mandate on benchmark rates is credit negative for banks: Moody's

The central bank has so far this year cut interest rate by 110 basis points but lenders have transmitted only a part of it to borrowers in the form of a lower cost of taking loans

Wealth managers unearth value in smaller towns to beat the slowdown blues

Markets like Raipur and Mangaluru, where people are more cash-rich, offer opportunities that bigger cities don't

NHAI's maiden infra investment trust plan unlikely to see foreign interest

The minister met bankers, foreign investors and road developers as part of a road show for the NHAI's monetisation of a third bundle of roads under the TOT model

Railways draws road map for FY20, plans to raise $1 bn in US market

IRFC has appointed arrangers in the US for the bond issue. Insurance companies and pension funds are likely to subscribe to them

India has limited room to ease fiscal policy due to high debt: Fitch

It said GDP (gross domestic product) growth is likely to rebound to 7.1 per cent next year

Latest monsoon spell boosts kharif sowing across crops in Gujarat

Sowing on major crops likely to be over 100 per cent of three-year average

Monsoon withdrawal delayed again, might begin after mid Sep: IMD officials

The southwest monsoon till first week of September has recorded its best performance since 2014, thereby receding drought fears

Soon, use Railways' plastic bottle crushers and get free mobile recharge

Railways have issued directions that from October 2 this year, single-use plastic will not be used on its premises

Indian farmers, small businesses will soon travel to woo investors in US

Swadeshi Jagran Manch to lead delegation, will try to make investors understand Indian challenges

Telecom dept intends to hold spectrum auction by December: Report

TRAI had made it clear to the Telecom Department that it has considered "all relevant factors" while giving views on prices