Page 2180 - Economy & Policy News

Centre proposes import tax hike on Malaysian refined palm oil

India imports palm oil mainly from Indonesia and Malaysia

RBI accepts Jalan panel report, okays Rs 1.76 trn surplus transfer to govt

This follows the RBI board accepting the recommendation of a high-level panel headed by its former Governor Bimal Jalan on transfer of excess reserves to the government.

Rs 1,377 cr: Amount Railways earned fining ticketless travellers in 3 years

As many as 8.9 million passengers were caught without tickets in the first 10 month of the current financial year

Govt to soon consider relaxing FDI norms in single brand, digital media

According to sources, the Union Cabinet would soon consider these issues for approval

GDP to grow at 6% in Apr-June, more rate cuts by RBI in 2019: Ficci survey

The growth numbers for the first quarter are expected to be released by the Central Statistics Office next week

Rs 1.2 trillion investment planned for city gas network expansion: Pradhan

Household kitchens getting piped cooking gas has doubled to nearly 52 lakh and licences awarded would take the number to 5 crore by 2030, he said

Economic slowdown: Steel consumption set for slowest growth in three years

The S&P BSE Metal Index has also plunged about 30% so far this year

EPFO to launch e-inspection system for companies to simplify process

'The EPFO is working towards a three-day settlement period for KYC (Know Your Customer) compliant beneficiaries who have UAN linked to Aadhaar'

Foreign airlines ban MacBooks on Indian flights; DGCA mulls similar move

Apple issued a similar replacement programme last year for the latest 13-inch Pros over issues related to battery expansion

Four reasons why Sitharaman's stimulus measures are short on vision

Allowing larger firms to flourish, enabling smaller firms to secure cheap financing and forcing the state to retreat from business would be the great news the private sector has been waiting for

With no major fiscal support, govt's growth measures seen falling short

Sitharaman ignored the auto industry's demand for a reduction of a goods-and-services tax on vehicles to halt the worst slump in car sales in almost two decades

Low interstate migration is hurting India's growth and states are to blame

Internal migration improves households' socioeconomic status, and benefits both the region that people migrate to and where they migrate from, research shows

India leads Asian peers in risky corporate debt; interest payouts up 15%

A large part of India's corporate debt has turned risky in the last decade, according to a recent McKinsey report

Stimulus package is a well-designed boost for economy: Chandrajit Banerjee

This is indeed a comprehensive package which shows that the finance ministry has been keeping its ears close to the ground

Jal Shakti Ministry to go ahead with Bureau of Water Efficiency

India is among the least water-efficient countries, according to global baseline for sustainable development goals indicator by the Food and Agriculture Organization of the United Nations

Govt may soon consider easing local sourcing for FDI in single-brand retail

Currently, online sale by a single-brand retail player is allowed only after opening of physical outlet

Realtors seek cheaper loans and uniform GST norms to revive sector

Developers are hoping this week's announcement will bring some relief

AIFs may accelerate switch to LLPs, sans respite on FPI surcharge

Such funds often have exposure to derivatives and follow strategies that can seek to make money when markets are going up, as well as by betting on a fall when they sense weakness in the market

Industry backs govt's move to have a single definition for small businesses

However, they are opposing the decision to base definition only on annual turnover

Govt's economic measures will attract investments, boost leather exports

Exports from the sector have declined by 4.90 per cent during AprilJune 2019, primarily due to reduction in exports to Europe, which is the major market, accounting for about 53 per cent of exports