Page 2186 - Economy & Policy News

Indian aviation has a drinking problem and DGCA plans to fix it. Here's how

The DGCA rules state that pilots and cabin crews who fail the alcohol test the first time are barred from flying for three months

India suspends Thar Link Express connecting Jodhpur to Karachi: Railway

Thar Link Express runs on the Indian side between Bhagat Ki Kothi railway station in Jodhpur to Munabao

Over 80 payments apps face an uphill battle to turn the country cashless

Many merchants, especially in rural areas, remain unable or unwilling to accept digital transactions due to network connectivity issues and reluctance to pay charges for low-value transactions

Govt adopts a new approach to bring reforms in public sector banks

FinMin has asked govt-owned banks to capture 42 questions on credit, non-performing assets, Mudra loans, agriculture

FM says talks on helping economy continue, won't comment on timeline

Sitharaman says govt heard concerns of five sectors; does not seem too convinced on issue of subsidising gold imports

India's population growth falling already: Explained in four charts

The population bulge today lies near the age of 30 years

CM's panel to seeks states' view on use of GM technology in farming

The panel was constituted by PM Narendra Modi after the first meeting of NITI Aayog Governing Council after assuming office for the second term

Rain recovery encouraging at all-India level: CRISIL Drip index

Overall, the rain recovery over the past few weeks is encouraging at an all-India level since it puts to rest concerns around yet another year of rainfall shortage and the impact on sowing

Production of finished steel to decelerate to 3-4% in current fiscal

The gloomy outlook on finished steel output comes after five years of consecutive firm growth between FY15 and FY19

State-run oil firms to deliver petrol at doorstep, expand diesel service

The companies plan to have at least 500 doorstep fuel delivery vehicles by the end of this financial year (FY20)

DTC task force likely to submit report to Nirmala Sitharaman on Monday

The government last month expanded the scope of the task force to look into five more areas

Govt to tighten noose on Chinese e-commerce players evading duties

The move has led to a sharp fall in gift consignments through these ports

CBSE should not get into regulation. Let the states do it: Former HRD Secy

I don't agree with many things in the draft NEP but the one area it has got it right is in regulation, says Anil Swarup, former secretary, ministry of HRD

5 years of Jan-Dhan Yojana: True financial inclusion yet to be a reality

While accounts have been opened, a major chunk of the customers have no clue what to do with it

FinMin asks PSBs to begin consultation process to achieve $5-trn economy

It also aims to find out the role of PSBs as active partners in the Indian growth story for the next five years

WTO to set up dispute settlement panel to review India's sugar subsidy

India also reiterated that the measures were consistent with its WTO obligations

RBI Governor Shaktikanta Das takes public sector banks to task on rate cut

Das says banks must improve their recovery mechanism

India's interest-rate stance now depends on data, says Shaktikanta Das

Das said he sees signs of a recovery in economic growth and further monetary policy steps will depend on incoming data

RBI keeps retail inflation within target level for over 12 months

CPI-based inflation for first half of the next fiscal, beginning April 2020, has been projected at 3.6 per cent

Banks so far passed on only 29 bps to borrowers of RBI's 75 bps cuts: Das

He said banks have taken this stance despite financial markets, on which they depend for money, moving in tandem with the RBI actions and fully absorbing them rate cuts