Page 2230 - Economy & Policy News
Govt likely to monetise Indian Railways' heritage routes and stadia
The railways heritage lines that are part of the UNESCO-accorded sites
 "Govt likely to monetise Indian Railways' heritage routes and stadia")
Trai refuses to budge on 5G spectrum pricing in upcoming auctions
The regulator has, however, yielded ground on the issue of lock-in period it had previously recommended for spectrum in the 3,300-3,600 megahertz (MHz) band (for eligibility on spectrum trading)
 "Trai refuses to budge on 5G spectrum pricing in upcoming auctions")
Budget impact: FDI cap in insurance sector may be raised to 74%
The govt is also looking to allow FDI in information utilities at 100% through govt approval route
 "Budget impact: FDI cap in insurance sector may be raised to 74%")
Leather industry fears supply crunch with export duty cut on raw hide
The move would adversely affect leather value chain from tanning to finished goods, especially at a time when finished leather exports were already down, it says
 "Leather industry fears supply crunch with export duty cut on raw hide")
Tea Board fixes minimum price for South Indian varieties at Rs 60 a kilo
North Indian price still being arrived at; Board is also working on e-auction reforms based on IIM Bangalore recommendations
 "Tea Board fixes minimum price for South Indian varieties at Rs 60 a kilo")
Union Budget 2019: States to get smaller share in tax revenue, funds
According to Finance Commission formula, 42% of the divisible pool of tax revenue collected by the Centre has to be distributed to states
 "Union Budget 2019: States to get smaller share in tax revenue, funds")
World farm commodity prices could remain flat for 10 years: Annual report
The report predicts that yield improvements and higher production intensity, driven by technological innovation.
World farm commodity prices could remain flat for 10 years: Annual report
The report predicts that yield improvements and higher production intensity, driven by technological innovation.
 "World farm commodity prices could remain flat for 10 years: Annual report")
Delhi-Lucknow Tejas Express set to be first train to be run by pvt players
The train, one of the most-awaited trains on the route, is currently parked at the Annandnagar railway station in Uttar Pradesh
 "Delhi-Lucknow Tejas Express set to be first train to be run by pvt players")
Gujarat cancels Dahej port contract given to absconding Sandesara brothers
The Gujarat Maritime Board and a consortium led by Sterling Biotech had entered into an agreement to develop the Dahej port
 "Gujarat cancels Dahej port contract given to absconding Sandesara brothers")
Telecom regulator sticks to stance on pricing of 5G spectrum, other bands
Last month, amid an industry disquiet over the pricing of spectrum, Digital Communications Commission had decided to ask Trai to reconsider its spectrum recommendations
 "Telecom regulator sticks to stance on pricing of 5G spectrum, other bands")
Budget 2019: Tax reforms and sops must for plane leasing, say analysts
At present, a draft bill has been moved to give primacy to aircraft repossession rules over all other existing laws
 "Budget 2019: Tax reforms and sops must for plane leasing, say analysts")
Odisha plans disaster-immune data centre, initiates talks with NIC, BSNL
With a capacity of 40 racks, the existing state data centre is saturated. It has been hosting more than 300 critical applications, catering to the needs of all government departments
 "Odisha plans disaster-immune data centre, initiates talks with NIC, BSNL")
Delhi HC agrees to hear banks' plea against service tax on minimum balance
A total of 13 banks had approached the high court claiming that the government had arbitrarily decided on the service tax
 "Delhi HC agrees to hear banks' plea against service tax on minimum balance")
Budget's Rs 100 trn infra investments to buoy domestic steel use: Icra
Plan to build 19.5 mn rural houses over next three years will also strengthen steel consumption, ratings agency says in its Budget analysis
 "Budget's Rs 100 trn infra investments to buoy domestic steel use: Icra")
Highways sector can help nation achieve $5 trillion economy: Nitin Gadkari
The Road Transport and Highways Minister was addressing the media after the signing of an MoU between NHAI and NIIF
 "Highways sector can help nation achieve $5 trillion economy: Nitin Gadkari")
21 Regional Rural Banks merged in consultation with NABARD, says govt
The roadmap proposes to bring down the number of RRBs to 38 from 56, said Anurag Singh Thakur
 "21 Regional Rural Banks merged in consultation with NABARD, says govt")
Last two fiscals saw 381,000 new jobs in central govt depts: Budget
Budget documents give break-up of the jobs that were created in central govt departments in last two years
 "Last two fiscals saw 381,000 new jobs in central govt depts: Budget")
Duty on gold hiked to curb non-essential imports, says Revenue Secy
He was replying to a question on concerns being raised by certain quarters that the hike in gold import duty to 12.5% from 10% could lead to problems like smuggling
 "Duty on gold hiked to curb non-essential imports, says Revenue Secy")
Online monitoring system in place for schemes for STs: Minister Arjun Munda
The ministry has developed online portals for monitoring of its schemes related to NGO grants, scholarships, Forest Rights Acts, Tribal Research Institutes
 "Online monitoring system in place for schemes for STs: Minister Arjun Munda")