Page 2286 - Economy & Policy News

Services sector growth at 7-month low in April, hit by Lok Sabha polls

The dominant sector of the Indian economy saw PMI for April go down to 51, after hitting 52 in March

India better placed than the rest as US-China trade talks near collapse

The rupee on Monday weakened to close at 69.40 a dollar, from its previous close of 69.22

Court orders interim stay on inducting members into GST Appellate Tribunal

A petitioner had moved the court against a situation in which technical members would outnumber judicial members in the Tribunal

Can a serving bureaucrat criticise judgement of the Supreme Court?

Niti Aayog CEO Amitabh Kant criticises SC for asking government to review green nod to Goa's second airport

State-owned discoms' debt set to rise to pre-Uday levels of Rs 2.6 trn

According Crisil, discoms have to become commercially viable through prudent tariff hikes and a material reduction in aggregate technical and commercial losses

Steps to boost exports, startups part of 100-day program for new govt

Currently, there is a separate wing of logistics, headed by a special secretary in the commerce department

IIT Kanpur to set up dedicated AI research unit, fortify undergrad courses

India has been ranked third globally in terms of quality AI research papers, but is way behind top-ranked China and second-ranked US

Cyclone Fani: PM grants Rs 1,000 cr more for relief work; hails CM Patnaik

The Prime Minister also praised Odisha Chief Minister Naveen Patnaik for his handling of the crisis

Advanced medicines may remain elusive to India's HIV-infected children

Kids have been long neglected by pharma firms because their number is much less compared to adults suffering from HIV, and so there is little money to be made

This Delhi clinic helps cancer patients with personalised treatment

The first HOPE clinic was set up with the aim of easing the pain and smoothening the course for cancer patients while offering chemotherapy and a holistic treatment in a non-threatening atmosphere

Service sector growth hit by elections, PMI at 7-month low in April

On the employment front, buoyed by ongoing improvements in new work and optimistic growth projections, service providers placed more people in jobs during April

April service sector growth at 7-month low, dented by LS elections : PMI

The Nikkei/IHS Markit Services Purchasing Managers' Index slipped to 51.0 in April, the lowest since September, down from 52.0 the previous month.

How rampant theft of electricity could drain India's electric car hopes

The power sector loses more than $16 billion a year to theft - more than any other country in the world

Want to empower female executives? Pay up or give extra vacation time

Doing this second-shift labor for free only creates one more burden on women that, ironically, makes it harder for them to advance in their careers

Govt to give financial aid to minority investors filing class action suits

The corporate affairs ministry would also be encouraging investors to resort to class action suits

Budgetary woes put India's supercarrier 'INS Vishal' on hold

INS Vishal stalled since 2017. UK media on Sunday reported Delhi approached London to build HMS Queen Elizabeth-like carrier

End of the road for diesel cars nears as emission norms get stricter

Moreover, diesel would cost nearly as petrol in coming years

In a first, income tax e-filers fall by more than 660,000 in FY19

Registered filers were just 2.7 crore at the end of March 2013 which almost doubled to 5.2 crore in March 2016 and to 6.2 crore in March 2017

India reaches out to Australia, set to start trade talks again

India has officially requested Australia to restart trade negotiations for the proposed Comprehensive Economic Cooperation Agreement after a long lull

IL&FS auditors have many questions to answer, says Corp Affairs Secy

IL&FS' problems came to light last year after some group companies defaulted on loan repayments resulting in concerns about overall impact on the financial system