Page 2264 - Economy & Policy News

Govt eliminating red-tapism, no trust deficit with industry: Gadkari

Defining MSME as a sector with huge growth and employment potential, the minister said a decision has been taken to lift the ban on the entry of corporate and private sector in MSME clusters

Misleading GDP data: PM Modi's narrative of 7% growth has done real damage

India's level of economic output may be overstated by anywhere between 9 per cent and 21 per cent

WPI inflation slips to near 2-year low in May, declines to 2.45%

Inflation in food articles basket was 6.99 per cent, down from 7.37 per cent in April

Agri input companies post single-digit growth in Q4 on weak Rabi season

With hardly any water left for crop irrigation and human consumption in Maharashtra and other agrarian states, farmers and agronomists pin hopes on the normal rainfall forecast of IMD for 2019 monsoon

FDI flows to India grew 6% to $42 billion in 2018, shows UN report

FDI inflows to South Asia increased by 3.5 per cent to $54 billion

Tea Board of India undertakes garden grading exercise for second time

The findings of this exercise, the Board believes, will help it advice tea firms on the exact steps they need to take to better estates and their financial position

Govt proposes 'red, amber, green' model to promote quick cargo clearance

Green indicates clearance of cargo within the World Bank's stipulated period and red a significant time overrun

Liquidity management tool: RBI may have to balance old norms with the new

There shouldn't be room for interpretation in new framework, say experts

Agri minister Tomar asks states to speed up PM-KISAN scheme enrolment

Officials said around 90 million farmers are yet to enrol under the expanded PM-KISAN

Oil prices leap nearly 4% after attacks on tankers in Gulf of Oman

The Front Altair, carrying petrochemical feedstock, was on fire in waters between Gulf Arab states and Iran after an explosion that a source blamed on a magnetic mine

Govt reduces rate of contribution towards ESI scheme, employers to benefit

Government decision may lead to annual savings to the tune of Rs 9,000 crore for the industry.

India hopes to bring in Rs 5.83 trillion from airwaves auction in 2019

The government plans to sell 8,600 megahertz of telecom airwaves this year across multiple frequency bands.

Fintech players expect govt to opt for market-driven approach to pricing

To broaden the presence of digital payments and enhance volume of transactions, a high-level panel led by Infosys co-founder Nandan Nilekani has recommended reduction in costs

India Inc revenue growth hits six-quarter low in Q4, says report

Commodity linked sectors revenue growth slowed to 12.4 per cent in the January-March quarter of FY19 as against 51.4 per cent in the third quarter of FY19

After PM Modi, Adityanath pushes for better education in madarsas

The CM has directed officials to introduce NCERT based curriculum in state madarsas

GDP data under cloud: Govt should know that this is a crisis of credibility

Confidence in India's economy continues to be shaky - and a few more quarters of bad indicators will erode it completely

Sugar output in India may drop to a 3-year low next season on dry weather

Droughts are withering cane fields in parts of Maharashtra and Karnataka, and the monsoon is delayed, reducing prospects for the coming crop

Industrial production up 3.4% at six-month high, growth may remain muted

Growth may remain muted on weak exports, rural distress, credit constraints

Consensus eludes RBI-appointed Jalan panel on economic capital framework

One of the key mandates of the committee was to determine the level of surplus that the RBI should hold

Modi govt set to announce Rs 70,000-crore rural road building project

The govt is also drawing up an action plan before the Prime Minister's Independence Day speech on August 15 to connect all villages with roads irrespective of the number of people residing in them