Page 2268 - Economy & Policy News

RIL-BP wins first block under OALP rounds, Oil India, Vedanta bag the most

Govt likely to clear allotment of blocks to successful bidders this week; The two rounds were initially estimated to attract investment worth Rs 80,000-90,000 cr

RBI's new circular on stressed assets may not hit lenders' provisions hard

PSBs to relook at recovery targets, say bankers

Raise 5G spectrum sale bar, hike base price for select bands: DoT to Trai

Regulator response likely before meeting of Digital Communications Commission on June 13

India, US working on framework for sharing of classified defence technology

The framework will also prescribe specific measures for ensuring safety and security of sensitive technology and classified information when shared with Indian firms

Modi may retain PMO team: Nripendra Misra could remain principal secretary

In another sign that this government would like continuity for some time, the term of Cabinet Secretary P K Sinha was extended by three months recently, making it his third extension

RBI's easing of monetary policy vs banks' lending rates explained in charts

The RBI responded with a gradual tightening of the monetary policy in the first three quarters, when oil prices were rising

NITI Aayog's electric mobility proposal irks India's auto industry

CII has expressed concerns over the timing of the move and the haste with which the government is pushing through electric mobility

We will fight 2020 Bihar elections with BJP, says Nitish Kumar

At its national executive meet in Patna on Sunday, party leaders, however, said Nitish will remain the face of the NDA in the state elections

Delhi High Court agrees to hear petition against DRI norms on exports

The court has given the liberty to the petitioners to move an application for early hearing if there is any coercive action from the DRI during the pendency of the case

Rising ATF prices, weakening rupee pulling down aviation sector: IATA

India was one of the fastest growing domestic aviation markets in the world but growth turned negative in April mainly on account of Jet Airways crisis

Trump could ease up on Huawei if China trade talks advance: Mnuchin

Donald Trump has put Huawei on a blacklist that effectively bans U.S. firms from doing business with American companies.

Consumer Protection to Aadhaar Bills, making sense of new Modi govt agenda

There are 22 other Bills that the government will have to reintroduce in the Lok Sabha as they too have lapsed

Will your home loan EMI come down after RBI's 25 bps rate cut?

Existing borrowers' EMIs will change only when their reset date arrives. New borrowers will benefit

Yogi raps officials as NPAs of UP cooperative banks swell, recoveries drag

CM calls for immediate remedial steps as these banks' NPAs at 18.59% are more than twice the average of the state's banking sector at 8.75%

India's infra push: Attractive schemes for private players, says Gadkari

Big plans are lined up that include roping in an advisor for asset monetisation and offering attractive schemes to private players, including identified 3,000 kms of projects

GST Council may fix Rs 50 cr turnover limit for e-invoice in June 20 meet

With e-invoice generation, entities with turnover above Rs 50 crore would be saved from the twin activities of filing returns and uploading invoices

Normal monsoon projections bring cheer to umbrella and rainwear makers

They are also relieved at the fall in import of cheap umbrellas from China which had dented the domestic market for several years

Coming soon: Railways to offer head and foot massages for passengers

The service will commence in the next 15-20 days. However, massage services will not be available during night hours between 10 pm to 6 am.

CAs are facing more heat today as norms are strong, says Srinivas

The remarks of Corporate Affairs Secretary Injeti Srinivas also come at a time when the role of auditors has come under scanner for alleged violations, including in the IL&FS case

Air travel set to get costlier after govt hikes aviation security fee

Air travel will get a tad costlier with the government revising aviation security fee