Page 2278 - Economy & Policy News

Already hit by swelling imports, copper producers dread body blow from RCEP

Domestic players fear RCEP will aggravate imports of wire and rods and widen the trade deficit; want refined copper in exempt list

Modi 2.0: Credit access, easing costs remain on exports to-do list

India's exports had a disappointing start to FY20 as growth crashed to a four-month low

PM Narendra Modi's $1.4-trillion infrastructure promise faces a roadblock

Passing legislation such as a land-acquisition bill will remain a tough ask until at least 2020

Finance Ministry revises down direct tax target for smaller cities

The new target is set according to the revenue potential of each region; the budgetary target of Rs 13.8 trillion has been kept unchanged

Modi 2.0: Govt mulls steps to lift demand, to focus on lowering I-T rates

The crucial issue would be how fiscal deficit will be affected if the government lowers income tax rates further

Arun Jaitley holds meeting on next budget amid rumours of ill health

Officials present at the meeting said Jaitley was in good health and looked fit to join the cabinet of the NDA government's second tenure

Tech firms to woo new govt for boosting start-ups, help ease of business

This is the wish list of the technology industry as it cheered the NDA's continuity at the Centre

Lucky number? For petrol price in Delhi, it's Modi 71.4, not just 2.0

In almost a repeat of the 2014 elections, BJP and its allies have won 353 of the 543 seats in the Lok Sabha

RBI proposes norms to help ailing NBFCs deal with liquidity crisis

The RBI has released a draft circular on the 'Liquidity Risk Management Framework for NBFCs and Core Investment Companies

UP government to enroll 11 million farmers under PM Kisan scheme

Pradhan Mantri Kisan Samman Nidhi Yojana (PM Kisan) is targetted at over 120 million small and marginal farmers across India

Expectation of RBI rate cut grows stronger after election outcome

The RBI had cut interest rate by 25 basis points each in February 2019 and April 2019 to boost economic growth

CEA designs model for discoms' power sale and purchase

UDAY-II will focus on loss reduction in discoms

Amit Shah may debut, Jaitley's role uncertain in Modi's new cabinet

Shah, who has debuted in the Lok Sabha, could join the Cabinet Committee on Security of the second Modi government

Modi begins talks for forming new cabinet after big election win for BJP

The BJP would have the first back-to-back majority in the lower house of parliament for a single party since 1984. Votes will be fully counted by Friday morning.

Jobs deficit: Why Gujarat's GIFT City is struggling to create employment

Despite efforts by Modi over the past five years to offer tax and regulatory concessions, and a big push to get banks and brokerages into GIFT, the project remains far short of expectatation

Jobs to infra: India Inc hopes for economic revival under NDA 2.0

Anil Agarwal, chairman of Vedanta, said there is a need for simplification of policies and tackling critical issues

Senior citizens with income up to Rs 5 lakh can seek TDS relief on interest

Senior citizens, above 60 years of age, have to submit Form 15H to banks at the beginning of a financial year to ensure that no tax is deducted at source on interest income

Story in numbers: Modi fares better than Manmohan in controlling inflation

Exports in the last year of the NDA government rose just 5.3 per cent compared to the terminal year of UPA-2

India has ended Iranian oil imports to comply with US sanctions: Envoy

India says it has also ended all imports from Venezuela because it considered itself a partner of the United States.

Top bureaucracy set for major reshuffle as Modi returns with bigger mandate

Talk of a new national security advisor at the Prime Minister's Office is also gaining momentum