Page 2200 - Economy & Policy News

Railways, DoT on different bandwidth over 700 Mhz spectrum allotment

The transporter wants premium spectrum for free; govt reluctant to lose revenue

New direct tax code panel report to overhaul I-T Act delayed by 15 days

This is the second extension for the taskforce under the CBDT member Akhilesh Ranjan

15th Fin Commission rejects central tax pool demand by Delhi, Puducherry

The Commission will not consider their memorandums

Tale of 2 PSUs: It's at least an 18-month wait before BSNL, MTNL are merged

HR and other issues need to be sorted out by the panel that will decide the fate of the two PSUs

Most non-urea fertiliser subsidies unchanged; Rs 22875 to be spent on sops

A decision in this regard was taken at the meeting of the Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi

V G Siddhartha's death: Oppn parties call for debate in Parliament

Opposition flagged the alleged harassment other businessmen are facing from tax authorities

Core sector growth at 50-month low in June; 4 out of 8 sectors contract

June growth rate falls to 0.2%, from 4.3 % in May, as refinery, steel and cement production weakens

April-June fiscal deficit hits 61.4% of FY target; touches Rs 4.32 trn mark

Data by the Controller General of Accounts showed that total expenditure for April-June was Rs 7.22 trillion

At $2.73 trn, India's economy pushed to 7th spot; UK, France march ahead

UK's economy grew to $2.82 trillion and the French economy expanded to $2.78 trillion in 2018, against India's $2.73 trillion, World bank data showed

FM Sitharaman to meet PSU bank CEOs on Friday to take stock of sector

The meeting assumes significance as it will be the first after the Narendra Modi government returned to power in May this year

Govt's April-June quarter receipts only 14% of Budget target for full FY20

The total receipt comprises Rs 2,51,411 crore tax revenue (Net to Centre), Rs 33,475 crore of non-tax revenue and Rs 4,764 crore of non-debt capital receipts

Odisha resumes online auctions, invites bids for seven mineral blocks

The deadline for the purchase of the tender document is September 11

Some very hungry cows may rescue India from a giant sugar glut

Attractive returns in the cattle-feed market are prompting farmers to sell sugar cane as fodder

Auto makers slash production by 11% in Q1 owing to declining sales: Report

Domestic automobile industry's sales volume fell 12 per cent in June 2019 over the same month last year on weak consumer sentiments owing to the slowing economy

$5-trn GDP goal: Exports need to contribute $1 trn to economy, says Goyal

The minister asked exporters and importers to flag issues regarding availability of land, labour, common effluent treatment plants

Use GST Bill passage to cut exposure to costly stocks: Saravana Kumar

Interview with Chief investment officer, LIC Mutual Fund

Kejriwal says no hike in power tariffs in Delhi for fifth year in a row

Congratulating Delhiites, the chief minister said the city has the lowest power tariffs in the country and the only place with 24x7 electricity

Jewellery exporters may be covered under credit insurance benefit

P N Prasad, deputy managing director of SBI, said that ECG insurance would be re-started in a month

11 mn UP farmers covered under PM Kisan, total payout reaches Rs 3,650 cr

It entitles beneficiaries to a payment of Rs 6,000 annually, payable in equal installment of Rs 2,000 every four months (Dec-Mar, Apr-July and Aug-Nov cycles)

Eight core sectors' growth drops to 0.2% in June compared to 7.8% last year

During April-June, the eight sectors grew by 3.5 per cent compared to 5.5 per cent in the same period last year