Page 2266 - Economy & Policy News

Cyclone Vayu: Gujarat's Sikka port stops berthing of ships, oil cargos

Sikka ports also handle oil and refined products cargo for Bharat Oman Refineries Ltd

How Delhi's free ride plan may kill a national transport integration goal

Prospects of complete privatisation of commuting in Delhi and nearby areas is a bad enough scare; the larger issue is the killing of a plan to integrate public transport systems across the country

Online fund transfer via RTGS/NEFT made free: All you need to know

The Reserve Bank of India (RBI) on Tuesday directed banks to withdraw the charges levied on the National Electronic Funds Transfer (NEFT) and Real-Time Gross Settlement (RTGS) transactions with effect

Roll out of simple GST returns deferred to Oct; trial to start next month

To be implemented in phases, to be fully in pace by January next

Centre to meet state officials to discuss PM-KISAN scheme on Thursday

States would also be convinced to reconcile their PM-KISAN database with the Centre's to prevent duplication and deletion of eligible beneficiaries

Modi 2.0: Finance Ministry may have bigger say in disinvestment

Failure to sell Air India, IDBI may have prompted a change in strategy

Former CEA Arvind Subramanian says GDP growth inflated, govt disagrees

This has reignited the debate on the accuracy of India's GDP numbers in particular, and has once again highlighted the inefficiencies in the estimation of national accounts in general

Farmers seek to raise cropping area as vegetable prices continue to rise

Acreage has been higher in summer crop but output may not go up in line with sowing

NAA asks for extension of its term as 700 cases are under investigation

With the National Anti-Profiteering Authority's (NAA's) tenure coming to an end in November according to the two-year sunset clause, the case for extension will be taken up by the council

Govt dismisses Ex-CEA's claim, says accepted norms used for GDP estimation

India's GDP growth rate between this period should be about 4.5 per cent instead of the official estimate of close to 7 per cent, Ex-CEA said in a research paper published at Harvard University

Govt planning new labour legislation by merging 44 laws under 4 categories

The proposed new labour law will help investors and is expected to accelerate growth, said an official

RBI to infuse Rs 15,000 cr in economy through bond purchases on Thursday

Based on an assessment of prevailing liquidity conditions and also of the durable liquidity needs going forward, the RBI has decided to conduct purchase of six Government securities for Rs 150 billion

Govt finalises broad contours of new defence space agency: Official sources

The setting up of the defence space agency was discussed at a meeting of the Cabinet Committee on Security of the previous government

India's 50% import tariff on Harley Davidson unacceptable: Donald Trump

Trump said the United States, under his leadership, is a country that can no longer be fooled

Govt to provide clean drinking water to all by 2024, says minister

Gajendra Singh Shekhawat, Jal Shakti Minister, said the government is formulating a plan to provide clean drinking water to nearly 14 crore households

No tariff hike for Odisha's power consumers in 2019-20, says OERC

The commission has also enhanced the rebate for digital payment to two per cent from one per cent since last year

India to have flexible renewable capacity addition, says minister

R K Singh, minister of power and new & renewable energy, said on Tuesday that India would move away from stringent source-based capacity

Govt scraps 10% MEIS incentives on onion exports to curb domestic prices

MEIS rate had doubled to 10% last December, as prices ranged between Rs 1-3 a kg wholesale. The move took bulk prices to Rs 13 a kg steadily, and retail to Rs 20-25 a kg across the country

New monthly GST return filing system to be rolled out from October: FinMin

Large taxpayers would upload their monthly Form GST ANX-1 from October 2019 onwards

New RBI norms to provide lenders more headroom to resolve huge NPAs: Report

The new prudential framework provides some leeway to lenders and encourages them to refer cases to IBC, said SBI in its research report 'Ecowrap'