Page 2220 - Economy & Policy News

Govt plans to raise $47 bn through disinvestment in next 5 years: Report

The plan will open up a steady stream of state companies to greater private investment, and target the kind of annual divestment revenue that will be crucial to meet fiscal deficit targets

Setback for thermal units as UP energy watchdog bans new PPAs till Dec 2022

Says UP Power Corp Ltd and state discoms had already contracted for 'sufficient' thermal power with coal-fired plants to meet projected demand till 2026-27

Railways can't be privatised, govt will corporatise some arms: Piyush Goyal

Goyal said track kilometre grew from 77,609 km to 89,919 km from 1950-2014 and rose to 1,23,236 km in the past five years

Is South Korea the new safe haven for Indian Swiss bank account holders?

The South Korean cryptocurrency craze might have induced Indians to shift money from traditional havens

Budget 2019 to boost investments without any comprise in fiscal goals: FM

Replying after a general discussion on the Union Budget 2019-20 in the Rajya Sabha, the minister said, 'Comprehensive steps' have been envisaged for the next 10 years.

Nabard to raise Rs 55,000 crore from market for rural development schemes

The financial institution raises funds through long term bonds - usually of 10-15 years tenures

Sitharaman says tax targets achievable, GST collections could rise: Report

GST collections fell below Rs 1 trillion ($14.59 billion) for the first time in the current fiscal year in June, projecting weak consumer demand

US to seek tariff rollback on agri products in today's trade talks: Report

Trump has been putting pressure on India to do more to open its markets, saying this week on Twitter that its high tariffs were 'unacceptable'

Brazil joins Australia in dragging India to WTO over sugar subsidies

In February, Brazil had requested that the WTO start consultations on the subject but the two sides failed to reach a resolution

World needs India-US 'mahagathbandan' at every level: Mastercard CEO

Banga said he wants to see more doctors, more bureaucrats, more artists from both countries, exchanging ideas and practices freely and caring about each other's opinions.

Frustrated with trade imbalance, new talks with India not open-ended: USTR

Listing out some of the issues between the two countries, Gerrish called for addressing the trade and tariff issues between the two countries in a comprehensive manner.

How regulators, agencies are hurting India's war on $190-billion bad loans

Here are some instances of government agencies' tussles with the process

Telecom operators likely to get 16 years to pay for 5G spectrum

The deferred payment mode, being considered by the DoT, will be in line with the earlier recommendations of the DCC

US, India trade talks to restart after Donald Trump's tariff tweets

The US is also challenging India's retaliatory tariffs in a new case at the World Trade Organization

Housing affordability worsened over past four years, finds RBI survey

For the most part of March, HFCs were willing to offer an LTV of 75

Budget 2019: 'Wobbly' economy needed 'bold' steps, says Chidambaram

Chidambaram said domestic consumption, the only engine of economic growth that was firing, is also sputtering now

Budget 2019: Income tax collection target 'too steep', say experts

The government is expecting to earn Rs 12,000 crore on account of this hike in surcharge

Centre's draft Model Tenancy Act aims to bridge demand-supply gap

The proposed reforms could bring in much-desired relief to tenants and home owners alike

High indirect taxes are hurting exports, Make in India initiative: Experts

Exports of goods and services accounted for just 6.9 per cent of India's GDP in 1990-91 and they grew by record high of 25.4 per cent in FY14

Tamil Nadu will become first state to manufacture electric cars: Minister

State plans to attract companies that are moving out from China owing to the US-China trade war.